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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 107,167 $ 411,848
Short-term investments 262,687 28,883
Accounts receivable, net 35,470 31,100
Inventory, net 31,095 22,959
Prepaid expenses and other 9,548 4,190
Total current assets 445,967 498,980
Property and equipment, net 21,158 20,828
Operating lease right-of-use assets 19,115 21,492
Other assets 7,144 2,895
Total assets 493,384 544,195
Current liabilities:    
Accounts payable 11,932 5,313
Accrued liabilities 4,256 4,970
Accrued compensation and other employee benefits 15,951 15,262
Customer deposits 1,327 1,631
Deferred revenue, current portion 6,425 5,610
Operating lease liabilities, current portion 4,589 4,313
Total current liabilities 44,480 37,099
Deferred revenue, net of current portion 2,847 1,843
Long-term debt, net 224,785 172,703
Operating lease liabilities, net of current portion 22,153 25,602
Total liabilities 294,265 237,247
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; 45,639 and 44,441 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively 5 4
Additional paid-in capital 819,630 848,891
Accumulated other comprehensive income (loss) (24) 83
Accumulated deficit (620,492) (542,030)
Total stockholders’ equity 199,119 306,948
Total liabilities and stockholders’ equity $ 493,384 $ 544,195