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Condensed Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 114,346 $ 182,348
Short-term investments 187,921 157,140
Accounts receivable, net 26,899 25,600
Inventories 42,873 39,185
Prepaid expenses and other current assets 5,387 5,529
Total current assets 377,426 409,802
Restricted cash 33,311 33,311
Property and equipment, net 13,882 12,964
Operating lease right-of-use assets 6,962 7,231
Other assets 161 156
Total assets 431,742 463,464
Current liabilities:    
Accounts payable 5,149 1,763
Accrued compensation and related benefits 13,478 24,948
Accrued expenses and other current liabilities 18,610 13,789
Accrued warranty liability 3,628 3,704
Deferred revenue, current 6,833 6,340
Operating lease liabilities, current 1,192 1,151
Total current liabilities 48,890 51,695
Accrued interest, noncurrent 840 721
Deferred revenue, noncurrent 194 312
Operating lease liabilities, noncurrent 6,581 6,893
Term loan, noncurrent 29,784 29,762
Total liabilities 86,289 89,383
Commitments and contingencies (Note 6)
Stockholders' equity:    
Preferred stock, $0.001 par value; 5,000 shares authorized, and no shares issued and outstanding as of March 31, 2022 and December 31, 2021 0 0
Common stock, $0.001 par value; 300,000 shares authorized as of March 31, 2022 and December 31, 2021; 47,712 and 42,241 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively 48 47
Additional paid-in capital 1,008,940 1,000,212
Accumulated other comprehensive (loss) income (649) (184)
Accumulated deficit (662,886) (625,994)
Total stockholders' equity 345,453 374,081
Total liabilities and stockholders' equity $ 431,742 $ 463,464