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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 66,054 $ 84,641
Accounts receivable, net 2,702 2,516
Inventory 10,134 8,150
Prepaid expenses and other current assets 3,968 3,552
Total current assets 82,858 98,859
Property and equipment, net 2,177 2,366
Operating lease right-of-use assets 2,478 2,746
Intangible assets, net 2,790 2,956
Goodwill 8,454 8,454
Other assets 118 118
Total assets 98,875 115,499
Current liabilities:    
Accounts payable 2,235 3,061
Accrued expenses 4,416 4,758
Accrued compensation 2,513 3,376
Operating lease liabilities 966 975
Other current liabilities 1,957 2,482
Total current liabilities 12,087 14,652
Operating lease liabilities, net of current 1,474 1,730
Term loan, net of current 26,620 26,496
Other liabilities 517 558
Total liabilities 40,698 43,436
Commitments and contingencies (Note 8)
Stockholders' deficit:    
Preferred stock, $0.001 par value; authorized -10,000,000 shares; issued and outstanding - none
Common stock, $0.001 par value; authorized - 500,000,000 shares; issued - 26,465,797 shares as of March 31,2022 and 26,383,225 shares as of December 31, 2021; outstanding - 26,419,108 shares as of March 31, 2022 and 26,336,536 shares as of December 31, 2021 26 26
Additional paid-in-capital 385,768 384,132
Accumulated deficit (327,566) (312,044)
Stockholders' deficit before treasury stock 58,228 72,114
Less: Treasury stock (51) (51)
Total stockholders' equity 58,177 72,063
Total liabilities and stockholders' equity $ 98,875 $ 115,499