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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 396,502 $ 411,848
Short-term investments 13,416  
Short-term investments   28,883
Accounts receivable, net 33,183 31,100
Inventory, net 24,434 22,959
Prepaid expenses and other 6,910 4,190
Total current assets 474,445 498,980
Property and equipment, net 21,730 20,828
Operating lease right-of-use assets 20,703 21,492
Other assets 3,680 2,895
Total assets 520,558 544,195
Current liabilities:    
Accounts payable 5,811 5,313
Accrued liabilities 3,913 4,970
Accrued compensation and other employee benefits 11,476 15,262
Customer deposits 1,332 1,631
Deferred revenue, current portion 6,714 5,610
Operating lease liabilities, current portion 4,393 4,313
Total current liabilities 33,639 37,099
Deferred revenue, net of current portion 1,984 1,843
Long-term debt, net 224,070 172,703
Operating lease liabilities, net of current portion 24,473 25,602
Total liabilities 284,166 237,247
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; 45,205 and 44,441 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively 5 4
Additional paid-in capital 798,589 848,891
Accumulated other comprehensive income 9 83
Accumulated deficit (562,211) (542,030)
Total stockholders’ equity 236,392 306,948
Total liabilities and stockholders’ equity $ 520,558 $ 544,195