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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 253,797 $ 268,252
Accounts receivable, net 9,621 8,263
Inventory 13,130 11,978
Prepaid expenses and other current assets 2,988 2,877
Total current assets 279,536 291,370
PROPERTY AND EQUIPMENT, net 2,471 2,302
OPERATING LEASE RIGHT OF USE ASSETS 1,391 0
INTANGIBLE ASSETS, net 82 170
NOTES RECEIVABLE 200 206
OTHER ASSETS 3,223 1,553
Total assets 286,903 295,601
CURRENT LIABILITIES:    
Accounts payable and other accrued expenses 5,216 4,860
Accrued compensation expenses 3,604 2,639
Current operating lease liabilities 844 0
Deferred revenue 17 29
Current portion of long-term debt 3,200 3,200
Total current liabilities 12,881 10,728
LONG-TERM DEBT 2,919 3,716
OPERATING LEASE LIABILITIES NONCURRENT 600 0
WARRANT LIABILITY 0 81,388
EARNOUT LIABILITY 70,767 134,173
OTHER LIABILITIES 0 60
Total liabilities 87,167 230,065
COMMITMENTS AND CONTINGENCIES (Note 14)
STOCKHOLDERS’ EQUITY:    
Common stock, $0.0001 par value, 740,000,000 shares authorized as of March 31, 2022 and December 31, 2021, and 123,461,312 and 117,750,608 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 15 15
Additional paid-in capital 348,658 294,190
Accumulated other comprehensive loss (62) (2)
Accumulated deficit (148,875) (228,667)
Total stockholders’ equity 199,736 65,536
Total liabilities and stockholders’ equity $ 286,903 $ 295,601