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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 180,061 $ 218,348
Accounts receivable 28,002 21,659
Inventory, net of allowance of $1,676 and $3,071, respectively 26,080 29,617
Deposits on purchased inventory 7,153 4,778
Deferred cost of revenue 5,439 3,342
Prepaid expenses and other current assets 5,285 5,803
Total current assets 252,020 283,547
Property and equipment, net 20,357 20,242
Restricted cash 4,596 1,460
Intangible assets, net 43 44
Right-of-use assets 9,080 9,661
Other assets 11,991 6,853
TOTAL ASSETS 298,087 321,807
Current liabilities:    
Accounts payable 9,252 9,199
Accrued liabilities 18,427 26,555
Customer deposits 27,377 20,784
Operating lease liability, current 2,633 2,561
Current portion of long-term debt 8,056 3,222
Deferred revenue, current 13,879 13,920
Total current liabilities 79,624 76,241
Deferred revenue, net of current portion 7,507 4,232
Long-term debt 49,282 54,031
Warrant liabilities 3,965 6,795
Operating lease liability, noncurrent 7,373 8,066
Other long-term liabilities 2,831 2,647
TOTAL LIABILITIES 150,582 152,012
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, par value of $0.01 per share; 10,000,000 shares authorized at March 31, 2022 and December 31, 2021; no shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 0 0
Common stock, par value of $0.01 per share; 300,000,000 shares authorized at March 31, 2022 and December 31, 2021; 180,442,026 and 179,206,456 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 1,794 1,782
Additional paid-in capital 908,617 905,145
Accumulated deficit (762,906) (737,132)
TOTAL STOCKHOLDERS’ EQUITY 147,505 169,795
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 298,087 $ 321,807