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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 269,280 $ 171,082
Short-term investments 0 12,592
Accounts receivable, net of allowance for doubtful accounts of $465 and $75 at September 30, 2020 and December 31, 2019, respectively 17,650 7,879
Inventory, net 44,308 15,659
Prepaid expenses and other current assets 3,220 4,468
Total current assets 334,458 211,680
Property and equipment, net 5,792 3,047
Intangible asset, net 225 311
Other assets 7,196 4,784
Total assets 347,671 219,822
Current liabilities    
Accounts payable 9,415 5,882
Accrued liabilities 5,977 2,174
Accrued compensation and benefits 7,516 3,375
Operating lease liability, current portion 908 602
Debt, current portion 15,000 0
Total current liabilities 38,816 12,033
Operating lease liability, net of current portion 9,027 4,450
Debt, net of unamortized debt issuance costs, net of current portion 5,930 20,336
Total liabilities 53,773 36,819
Stockholders’ equity    
Preferred stock, par value $0.0001 per share; 10,000,000 shares authorized, no shares issued and outstanding at September 30, 2020 and December 31, 2019 0 0
Common stock, par value $0.0001, 50,000,000 shares authorized at September 30, 2020 and December 31, 2019; 39,753,638 and 34,110,995 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively 4 3
Additional paid-in capital 517,659 363,012
Accumulated deficit (223,151) (179,584)
Accumulated other comprehensive loss (614) (428)
Total stockholders’ equity 293,898 183,003
Total liabilities and stockholders’ equity $ 347,671 $ 219,822