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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 241,738,000 $ 108,928,000
Short-term investments 150,000,000 0
Accounts receivable, net of allowance for doubtful accounts of $1,245 and $575 as of December 31, 2019 and 2018, respectively 40,875,000 16,623,000
Inventories 28,983,000 8,934,000
Deferred costs and other, current 16,051,000 6,022,000
Prepaid expenses and other current assets 9,860,000 4,935,000
Total current assets 487,507,000 145,442,000
Property and equipment, net 10,354,000 5,837,000
Restricted cash, noncurrent 1,270,000 179,000
Goodwill 35,801,000 15,709,000
Intangible assets, net 16,469,000 5,154,000
Deferred costs and other, noncurrent 5,700,000 2,447,000
Other noncurrent assets 3,460,000 5,485,000
TOTAL ASSETS 560,561,000 180,253,000
Current liabilities:    
Accounts payable 8,362,000 6,377,000
Accrued expenses and other current liabilities 27,801,000 16,152,000
Deferred revenue, current 3,945,000 1,614,000
Advance payments from partner, current 1,767,000 293,000
Total current liabilities 41,875,000 24,436,000
Deferred revenue, noncurrent 654,000 437,000
Advance payment from partner, noncurrent 7,754,000 6,432,000
Other noncurrent liabilities 2,914,000 3,825,000
TOTAL LIABILITIES 53,197,000 35,130,000
Commitments and contingencies (Note 8)
Redeemable convertible preferred stock, par value of $0.001 per share; zero and 58,615 shares authorized, issued and outstanding as of December 31, 2019 and 2018, respectively; aggregate liquidation preference of zero and $237,650 as of December 31, 2019 and 2018, respectively 0 236,929,000
Stockholders’ equity (deficit):    
Preferred stock, par value of $0.001 per share; 100,000 and zero shares authorized as of December 31, 2019 and 2018, respectively; zero shares issued and outstanding as of December 31, 2019 and 2018, respectively 0 0
Common stock, par value of $0.001 per share; 900,000 and 99,250 shares authorized as of December 31, 2019 and 2018, respectively; 95,301 and 17,691 shares issued and outstanding as of December 31, 2019 and 2018, respectively 95,000 18,000
Additional paid-in capital 671,467,000 21,789,000
Accumulated deficit (164,198,000) (113,613,000)
TOTAL STOCKHOLDERS’ EQUITY (DEFICIT) 507,364,000 (91,806,000)
TOTAL LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK, AND STOCKHOLDERS’ EQUITY (DEFICIT) $ 560,561,000 $ 180,253,000