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Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 75,497 $ 182,348
Short-term investments 186,565 157,140
Accounts receivable, net 24,627 25,600
Inventories 53,689 39,185
Prepaid expenses and other current assets 5,399 5,529
Total current assets 345,777 409,802
Restricted cash 33,311 33,311
Property and equipment, net 15,245 12,964
Operating lease right-of-use assets 6,687 7,231
Other assets 216 156
Total assets 401,236 463,464
Current liabilities:    
Accounts payable 2,753 1,763
Accrued compensation and related benefits 15,795 24,948
Accrued expenses and other current liabilities 23,261 13,789
Accrued warranty liability 3,444 3,704
Deferred revenue, current 7,752 6,340
Operating lease liabilities, current 1,235 1,151
Term loan, current 1,000 0
Total current liabilities 55,240 51,695
Accrued interest, noncurrent 960 721
Deferred revenue, noncurrent 205 312
Operating lease liabilities, noncurrent 6,261 6,893
Term loan, noncurrent 28,806 29,762
Total liabilities 91,472 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 June 30, 2022 and December 31, 2021 0 0
Common stock, $0.001 par value; 300,000 shares authorized as of June 30, 2022 and December 31, 2021; 47,997 and 47,241 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 48 47
Additional paid-in capital 1,017,396 1,000,212
Accumulated other comprehensive (loss) income (955) (184)
Accumulated deficit (706,725) (625,994)
Total stockholders' equity 309,764 374,081
Total liabilities and stockholders' equity $ 401,236 $ 463,464