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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 155,592 $ 29,033
Short-term investments 112,762 127,822
Short-term investments   127,822
Accounts receivable, net 21,217 27,153
Inventory, net 22,219 19,781
Prepaid expenses and other 5,419 8,818
Total current assets 317,209 212,607
Property and equipment, net 21,400 20,184
Operating lease right-of-use assets 24,043 24,648
Other assets 2,223 2,315
Total assets 364,875 259,754
Current liabilities:    
Accounts payable 8,236 10,282
Accrued liabilities 4,543 4,973
Accrued compensation and other employee benefits 9,670 15,579
Customer deposits 4,084 6,389
Deferred revenue, current portion 5,038 3,997
Operating lease liabilities, current portion 3,877 3,766
Total current liabilities 35,448 44,986
Deferred revenue, net of current portion 1,049 976
Other long-term liabilities 0 322
Long-term debt, net 164,704 79,951
Operating lease liabilities, net of current portion 28,540 29,368
Total liabilities 229,741 155,603
Commitment and contingencies (Note 11)
Stockholders’ equity:    
Preferred stock, $0.0001 par value, 15,000 shares authorized; none issued 0 0
Common stock, $0.0001 par value, 150,000 shares authorized; 37,703 and 36,298 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 4 4
Additional paid-in capital 605,622 535,954
Accumulated other comprehensive income 84 145
Accumulated deficit (470,576) (431,952)
Total stockholders’ equity 135,134 104,151
Total liabilities and stockholders’ equity $ 364,875 $ 259,754