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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 66,169 $ 10,435
Short-term investments 71,499 81,345
Accounts receivable, net of allowance for doubtful accounts of $263 and $238, respectively 10,260 11,720
Inventory 4,969 5,452
Prepaid expenses and other current assets 1,632 2,510
Total current assets 154,529 111,462
Long-term investments 0 1,278
Property and equipment, net 4,407 3,954
Other non-current assets 312 315
TOTAL ASSETS 159,248 117,009
Current liabilities:    
Accounts payable 2,455 2,811
Accrued liabilities and other 9,272 11,605
Current portion of long-term borrowings 0 4,358
Total current liabilities 11,727 18,774
Long-term borrowings 39,264 34,865
Other long-term liabilities 389 362
TOTAL LIABILITIES 51,380 54,001
Commitments and contingencies
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.0001 par value; 5,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $0.0001 par value; 100,000,000 shares authorized; 28,612,451 and 25,163,803 shares issued and outstanding, respectively 3 3
Additional paid-in capital 328,079 258,121
Accumulated other comprehensive income 610 464
Accumulated deficit (220,824) (195,580)
TOTAL STOCKHOLDERS’ EQUITY 107,868 63,008
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 159,248 $ 117,009