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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 182,019 $ 156,720
Accounts receivable 16,569 11,769
Inventory, net of allowance of $2,334 and $2,286, respectively 43,858 46,641
Deposits on purchased inventory 2,550 2,084
Deferred cost of revenue 2,310 1,954
Prepaid expenses and other current assets 5,273 5,257
Total current assets 252,579 224,425
Property and equipment, net 22,822 24,062
Restricted cash 1,460 1,460
Intangible assets, net 48 50
Right-of-use assets 9,553 10,129
Other assets 1,428 1,426
TOTAL ASSETS 287,890 261,552
Current liabilities:    
Accounts payable 7,591 9,984
Accrued liabilities 14,164 19,281
Customer deposits 15,433 15,463
Operating lease liability, current 1,988 2,089
Current portion of long-term debt 0 0
Deferred revenue, current 10,022 10,094
Total current liabilities 49,198 56,911
Deferred revenue, net of current portion 2,089 2,572
Long-term debt 57,022 56,940
Warrant liabilities 5,484 4,864
Operating lease liability, noncurrent 8,546 9,043
Other long-term liabilities 1,146 956
TOTAL LIABILITIES 123,485 131,286
Commitments and contingencies (Note 6) 0 0
Stockholders’ equity:    
Preferred stock, par value of $0.01 per share; 10,000,000 shares authorized at March 31, 2021 and December 31, 2020; no shares issued and outstanding at March 31, 2021 and December 31, 2020 0 0
Common stock, par value of $0.01 per share; 300,000,000 shares authorized at March 31, 2021 and December 31, 2020; 161,730,363 and 148,615,351 shares issued and outstanding at March 31, 2021 and December 31, 2020 1,607 1,476
Additional paid-in capital 816,625 755,874
Accumulated deficit (653,827) (627,084)
TOTAL STOCKHOLDERS’ EQUITY 164,405 130,266
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 287,890 $ 261,552