XML 16 R2.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 93,802 $ 112,250
Restricted cash and cash equivalents 296 898
Short-term investments 3,299 84,282
Accounts receivable, net 48,352 31,506
Inventory, net 55,159 43,273
Prepaid expenses and other 10,899 14,565
Total current assets 211,807 286,774
Property and equipment, net 44,991 44,457
Operating lease right-of-use assets 14,420 17,581
Other assets 3,495 4,600
Total assets 274,713 353,412
Current liabilities:    
Accounts payable 33,335 16,619
Accrued liabilities 9,573 7,884
Accrued compensation and other employee benefits 14,545 17,494
Customer deposits 1,653 1,757
Deferred revenue, current portion 12,848 9,588
Operating lease liabilities, current portion 5,578 5,518
Total current liabilities 77,532 58,860
Deferred revenue, net of current portion 5,623 3,754
Long-term debt, net 227,764 226,622
Operating lease liabilities, net of current portion 14,360 18,362
Total liabilities 325,279 307,598
Commitment and contingencies (Note 10)
Stockholders’ equity (deficit):    
Preferred stock, $0.0001 par value, 15,000 shares authorized; none issued 0 0
Common stock, $0.0001 par value, 150,000 shares authorized; 48,108 and 46,719 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively 5 5
Additional paid-in capital 881,038 855,694
Accumulated other comprehensive loss (income) 4 (589)
Accumulated deficit (931,613) (809,296)
Total stockholders’ equity (deficit) (50,566) 45,814
Total liabilities and stockholders’ equity (deficit) $ 274,713 $ 353,412