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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 287,679 $ 171,082
Short-term investments 0 12,592
Accounts receivable, net of allowance for doubtful accounts of $589 and $75 at June 30, 2020 and December 31, 2019, respectively 14,115 7,879
Inventory, net 30,138 15,659
Prepaid expenses and other current assets 3,573 4,468
Total current assets 335,505 211,680
Property and equipment, net 5,562 3,047
Intangible asset, net 254 311
Other assets 7,415 4,784
Total assets 348,736 219,822
Current liabilities    
Accounts payable 10,728 5,882
Accrued liabilities 3,961 2,174
Accrued compensation and benefits 5,289 3,375
Operating lease liability, current portion 851 602
Debt, current portion 10,000 0
Total current liabilities 30,829 12,033
Operating lease liability, net of current portion 9,261 4,450
Debt, net of unamortized debt issuance costs, net of current portion 10,750 20,336
Total liabilities 50,840 36,819
Stockholders’ equity    
Preferred stock, par value $0.0001 per share; 10,000,000 shares authorized, no shares issued and outstanding at June 30, 2020 and December 31, 2019 0 0
Common stock, par value $0.0001, 50,000,000 shares authorized at June 30, 2020 and December 31, 2019; 39,462,405 and 34,110,995 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively 4 3
Additional paid-in capital 512,588 363,012
Accumulated deficit (213,983) (179,584)
Accumulated other comprehensive loss (713) (428)
Total stockholders’ equity 297,896 183,003
Total liabilities and stockholders’ equity $ 348,736 $ 219,822