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CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 406,981 $ 409,852
Accounts receivable, net 14,292 12,759
Inventory 2,310 2,217
Prepaid expenses and other current assets 3,087 4,766
Total current assets 426,670 429,594
Long-term accounts receivable, net 1,121 1,096
Property and equipment, net 7,780 7,102
Other assets – long-term 1,761 1,536
Total assets 437,332 439,328
Current Liabilities    
Accounts payable 2,172 2,098
Accrued compensation 5,208 9,108
Medicare advance payment 8,178 6,615
Other accrued liabilities 2,020 3,055
Total current liabilities 17,578 20,876
Noncurrent portion of Medicare advance payment 172 1,735
Deferred rent and other liabilities 995 1,026
Total liabilities 18,745 23,637
Commitments and Contingencies (Note 8)
Stockholders’ Equity    
Preferred stock, $0.001 par value; 10,000,000 shares authorized as of March 31, 2021 and December 31, 2020; no shares issued and outstanding as of March 31, 2021 and December 31, 2020. 0 0
Common stock, $0.001 par value; 200,000,000 shares authorized as of March 31, 2021 and December 31, 2020; 25,054,513 and 24,812,487 shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively. 25 25
Additional paid-in capital 485,338 478,162
Accumulated deficit (66,776) (62,496)
Total stockholders’ equity 418,587 415,691
Total liabilities and stockholders’ equity $ 437,332 $ 439,328