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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 218,348 $ 156,720
Accounts receivable 21,659 11,769
Inventory, net of allowance of $3,071 and $2,286, respectively 29,617 46,641
Deposits on purchased inventory 4,778 2,084
Deferred cost of revenue 3,342 1,954
Prepaid expenses and other current assets 5,803 5,257
Total current assets 283,547 224,425
Property and equipment, net 20,242 24,062
Restricted cash 1,460 1,460
Intangible assets, net 44 50
Right-of-use assets 9,661 10,129
Other assets 6,853 1,426
TOTAL ASSETS 321,807 261,552
Current liabilities:    
Accounts payable 9,199 9,984
Accrued liabilities 26,555 19,281
Customer deposits 20,784 15,463
Operating lease liability, current 2,561 2,089
Current portion of long-term debt 3,222 0
Deferred revenue, current portion 13,920 10,094
Total current liabilities 76,241 56,911
Deferred revenue, net of current portion 4,232 2,572
Long-term debt 54,031 56,940
Warrant liability 6,795 4,864
Operating lease liability, noncurrent 8,066 9,043
Other long-term liabilities 2,647 956
TOTAL LIABILITIES 152,012 131,286
Commitments and contingencies (Note 6)
Stockholders’ equity:    
Preferred stock, par value $0.01 per share; 10,000,000 shares authorized at December 31, 2021 and 2020; no shares issued and outstanding at December 31, 2021 and 2020 0 0
Common stock, par value of $0.01 per share; 300,000,000 shares authorized at December 31, 2021 and 2020; 179,206,456 and 148,615,351 shares issued and outstanding at December 31, 2021 and 2020 1,782 1,476
Additional paid-in capital 905,145 755,874
Accumulated deficit (737,132) (627,084)
TOTAL STOCKHOLDERS’ EQUITY 169,795 130,266
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 321,807 $ 261,552