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Balance Sheet Components (Tables)
6 Months Ended
Jun. 30, 2022
Balance Sheet Related Disclosures [Abstract]  
Summary of Cash and Cash Equivalents

The Company’s cash and cash equivalents consisted of the following (in thousands):

 

 

 

June 30,

 

 

December 31,

 

 

 

2022

 

 

2021

 

Cash

 

$

3,525

 

 

$

613

 

Cash equivalents:

 

 

 

 

 

 

Money market funds

 

 

98,008

 

 

 

105,220

 

Total cash and cash equivalents

 

$

101,533

 

 

$

105,833

 

Summary of Property and Equipment, Net

The Company’s property and equipment, net consisted of the following (in thousands):

 

 

 

June 30,

 

 

December 31,

 

 

 

2022

 

 

2021

 

Furniture and fixtures, and equipment

 

$

180

 

 

$

180

 

Construction in progress

 

 

4,328

 

 

 

126

 

Machinery and equipment

 

 

673

 

 

 

274

 

Capitalized surgical equipment

 

 

6,083

 

 

 

4,442

 

Computer equipment

 

 

340

 

 

 

160

 

Leasehold improvements

 

 

268

 

 

 

268

 

Software

 

 

138

 

 

 

138

 

Total property and equipment

 

 

12,010

 

 

 

5,588

 

Less: accumulated depreciation and amortization

 

 

(3,269

)

 

 

(2,739

)

Property and equipment, net

 

$

8,741

 

 

$

2,849

 

Summary of Accrued Liabilities

Accrued liabilities consist of the following (in thousands):

 

 

 

June 30,

 

 

December 31,

 

 

 

2022

 

 

2021

 

Accrued royalty expense

 

$

1,397

 

 

$

1,522

 

Accrued interest

 

 

315

 

 

 

975

 

Accrued professional services

 

 

562

 

 

 

941

 

Other accrued expense

 

 

2,535

 

 

 

1,080

 

Total accrued liabilities

 

$

4,809

 

 

$

4,518