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Condensed Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 95,200 $ 23,872
Trade and other receivables, net 8,324 8,471
Inventories 7,734 6,769
Prepaid expenses and other current assets 2,121 1,854
Total current assets 113,379 40,966
Property and equipment, net 4,046 4,179
Right-of-use assets, net 5,442 5,557
Intangible assets, net 1,239 1,278
Other non-current assets 5,417 5,438
Total assets 129,523 57,418
Current liabilities:    
Accounts payable 10,523 8,926
Accrued expenses 4,637 6,497
Lease liabilities, current 414 390
Deferred revenue, current 1,551 1,551
Liability related to the sale of future revenue, current 910 922
Loans payable, current 23 22
Total current liabilities 18,058 18,308
Notes payable, net 28,759 27,508
Royalty obligations, net 16,119 14,761
Liability related to the sale of future revenue, net 63,626 63,568
Lease liabilities 5,284 5,399
Deferred revenue, net of current portion 31,957 32,345
Other non-current liabilities 2,021 2,016
Total liabilities 165,824 163,905
Contingencies (Note 19)
Stockholders’ deficit:    
Common stock, $0.001 par value. Authorized $250,000,000 shares; $90,478,731 and $68,533,085 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 90 69
Additional paid-in capital 295,514 212,521
Accumulated deficit (331,905) (319,077)
Total stockholders’ deficit (36,301) (106,487)
Total liabilities and stockholders’ deficit $ 129,523 $ 57,418
Common stock, shares outstanding (in shares) 90,478,731 68,533,085
Common stock, shares issued (in shares) 90,478,731 68,533,085