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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 63,419 $ 53,581
Short-term investments 83,560 142,851
Accounts receivable, net of allowance for credit losses of $264 and $263, respectively 14,246 13,611
Inventory 11,498 5,633
Prepaid expenses and other current assets 3,143 2,565
Total current assets 175,866 218,241
Property and equipment, net 8,992 4,527
Operating lease right-of-use assets 5,248 0
Other non-current assets 400 374
TOTAL ASSETS 190,506 223,142
CURRENT LIABILITIES    
Accounts payable 3,198 3,271
Accrued liabilities and other 12,353 10,199
Operating lease liabilities, current portion 1,339 0
Total current liabilities 16,890 13,470
Long-term borrowings 34,973 39,455
Operating lease liabilities, net of current portion 4,166 0
Other long-term liabilities 57 854
TOTAL LIABILITIES 56,086 53,779
Commitments and contingencies (Note 6)
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; 33,674,085 and 32,583,220 shares issued and outstanding, respectively 3 3
Additional paid-in capital 429,914 408,113
Accumulated other comprehensive income 352 524
Accumulated deficit (295,849) (239,277)
TOTAL STOCKHOLDERS’ EQUITY 134,420 169,363
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 190,506 $ 223,142