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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 12,567 $ 17,665
Short-term investments 53,320 73,784
Accounts receivable, net 6,308 5,798
Inventory 13,161 15,462
Prepaid expenses and other current assets 1,854 8,397
Total current assets 87,210 121,106
Property and equipment, net 2,777 2,860
Operating lease right-of-use assets 3,619 2,455
Intangible assets, net 1,960 2,292
Goodwill 8,454 8,454
Other assets 118 118
Total assets 104,138 137,285
Current liabilities:    
Accounts payable 1,092 4,438
Accrued expenses 4,235 5,357
Accrued compensation 2,690 3,616
Operating lease liabilities 1,290 1,114
Other current liabilities 2,038 2,191
Total current liabilities 11,345 16,716
Operating lease liabilities, net of current 2,132 1,095
Term loan, net of current 37,043 36,746
Other liabilities 574 773
Total liabilities 51,094 55,330
Commitments and contingencies (Note 8)
Stockholders' equity:    
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 and outstanding - 52,623,278 shares as of June 30, 2023 and 49,974,281 shares as of December 31, 2022 53 50
Additional paid-in-capital 455,176 451,060
Accumulated other comprehensive loss (30) (61)
Accumulated deficit (402,155) (369,094)
Total stockholders' equity 53,044 81,955
Total liabilities and stockholders' equity $ 104,138 $ 137,285