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Condensed Consolidated Balance Sheets (Statement) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 142,276 $ 218,348
Accounts receivable, net of allowance $234 and none, respectively 28,698 21,659
Inventory, net of allowance of $2,049 and $3,071, respectively 30,915 29,617
Deposits on purchased inventory 9,422 4,778
Deferred cost of revenue 5,175 3,342
Prepaid expenses and other current assets 5,400 5,803
Total current assets 221,886 283,547
Property and equipment, net 20,024 20,242
Restricted cash 4,596 1,460
Intangible assets, net 40 44
Right-of-use assets 6,480 9,661
Other assets 7,185 6,853
TOTAL ASSETS 260,211 321,807
Current liabilities:    
Accounts payable 19,665 9,199
Accrued liabilities 18,891 26,555
Customer deposits 18,489 20,784
Operating lease liability, current 2,783 2,561
Current portion of long-term debt 0 3,222
Deferred revenue, current 23,373 13,920
Total current liabilities 83,201 76,241
Deferred revenue, net of current portion 3,471 4,232
Long-term debt 58,629 54,031
Warrant liabilities 3,123 6,795
Operating lease liability, noncurrent 5,946 8,066
Other long-term liabilities 1,586 2,647
TOTAL LIABILITIES 155,956 152,012
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, par value of $0.01 per share; 10,000,000 shares authorized at September 30, 2022 and December 31, 2021; no shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively 0 0
Common stock, par value of $0.01 per share; 300,000,000 shares authorized at September 30, 2022 and December 31, 2021; 181,073,499 and 179,206,456 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively 1,800 1,782
Additional paid-in capital 919,101 905,145
Accumulated deficit (816,646) (737,132)
TOTAL STOCKHOLDERS’ EQUITY 104,255 169,795
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 260,211 $ 321,807