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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash, cash equivalents and restricted cash $ 83,433 $ 48,875
Short-term investments 275,043 301,614
Accounts receivable, net 36,544 24,089
Inventory, net 39,228 39,705
Prepaid expenses and deposits 11,219 9,486
Other current assets 1,129 1,031
Total current assets 446,596 424,800
Finance right-of-use lease assets 92,072 108,715
Intangible assets, net 4,355 4,977
Operating right-of-use lease assets 4,068 4,498
Property and equipment, net 2,731 3,354
Long-term investments 0 201
Other noncurrent assets 823 1,517
Total assets 550,645 548,062
Current liabilities:    
Accounts payable 5,187 4,327
Accrued expenses 64,971 50,062
Finance lease liabilities, current portion 14,046 14,609
Deferred revenue 11,002 4,813
Operating lease liabilities, current portion 1,026 989
Other current liabilities (of which nil and $0.8 million in 2024 and in 2023 is due to a related party, respectively) 1,531 2,388
Total current liabilities 97,763 77,188
Finance lease liabilities, less current portion 58,554 75,479
Deferred compensation and other noncurrent liabilities (of which nil and $7.6 million in 2024 and in 2023 is due to a related party, respectively) 11,107 10,911
Operating lease liabilities, less current portion 5,743 6,530
Total liabilities 173,167 170,108
Commitments and Contingencies (Note 5)
Shareholders' equity    
Common shares - no par value, unlimited shares authorized, 140,883 and 143,833 shares issued and outstanding at December 31, 2024 and 2023, respectively 1,187,696 1,200,218
Additional paid-in capital 126,999 120,788
Accumulated other comprehensive loss (647) (730)
Accumulated deficit (936,570) (942,322)
Total shareholders' equity 377,478 377,954
Total liabilities and shareholders' equity $ 550,645 $ 548,062