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Condensed Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 6,128 $ 17,359
Restricted cash, current 7,283 7,203
Accounts receivable, net 6,758 8,379
Inventory 14,960 10,201
Prepaid expenses and other current assets 4,740 2,279
Total current assets 39,869 45,421
Restricted cash, net of current portion 524 604
Intangible asset, net 37,005 43,141
Property and equipment, net 3,791 2,880
Total assets 81,189 92,046
Current Liabilities:    
Accounts payable 8,451 3,506
Accrued compensation 2,859 2,889
Accrued liabilities 11,377 10,204
Contingent consideration liability, current 15,919  
Delayed cash purchase consideration 15,000 15,000
Current portion of long-term debt 12,659 1,668
Total current liabilities 66,265 33,267
Redeemable convertible preferred stock warrant liability 577 42
Long-term debt 18,222 29,423
Convertible notes (includes $62.5 million at September 30, 2021 and $46.5 million at December 31, 2020, respectively, attributable to related parties) 88,960 66,196
Derivative liabilities (includes $14.4 million at September 30, 2021 and $23.6 million at December 31, 2020, respectively, attributable to related parties) 22,764 38,007
Contingent consideration liability, net of current portion 8,528 23,667
Total liabilities 205,316 190,602
Commitments and contingencies (Note 8)
Redeemable convertible preferred stock, $0.001 par value, 121,732,397 shares authorized as of September 30, 2021 and December 31, 2020; 12,397,838 shares issued and outstanding as of September 30, 2021 and December 31, 2020; liquidation value of $136,168 as of September 30, 2021 and December 31, 2020 123,255 123,255
Stockholders’ deficit:    
Common stock, $0.001 par value, 144,406,928 shares authorized as of September 30, 2021 and December 31, 2020; 3,149,777 and 1,192,299 shares issued and outstanding as of September 30, 2021 and December 31, 2020, respectively 3 1
Additional paid-in capital 12,968 6,269
Accumulated other comprehensive income 11 11
Accumulated deficit (260,364) (228,092)
Total stockholders’ deficit (247,382) (221,811)
Total liabilities, redeemable convertible preferred stock, and stockholders’ deficit $ 81,189 $ 92,046