XML 20 R3.htm IDEA: XBRL DOCUMENT v3.22.0.1
Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 87,518 $ 3,315
Short-term investments - marketable securities 0 1,811
Accounts receivable, net of allowance for doubtful accounts of $23 thousand and $23 thousand 4,666 4,623
Inventories, net 5,394 3,582
Income Tax Receivable 1,188 1,417
Prepaid expenses and other current assets 2,438 1,666
Total current assets 101,204 16,414
Property, plant and equipment, net 29,810 10,008
Goodwill 16,613 16,613
Intangible assets, net 18,704 19,852
Other non-current assets 180 24
Total assets 166,511 62,911
Current liabilities:    
Accounts payable 2,248 1,635
Accrued liabilities 5,495 2,327
Total current liabilities 7,743 3,962
Deferred tax liabilities 3,153 5,990
Other accrued liabilities 273 350
Long-term debt 11,870 0
Deferred rent 269 204
Total liabilities 23,308 10,506
Commitments and contingencies (See “Note 15—Commitments and Contingencies”)
Stockholders’ equity:    
Preferred stock, $0.00001 par value, 10,000,000 and zero shares authorized at December 31, 2021 and December 31, 2020, respectively, zero shares issued and outstanding at December 31, 2021 and December 31, 2020 0 0
Common stock, $0.00001 par value, 490,000,000 and 30,000,000 shares authorized at December 31, 2021 and December 31, 2020, respectively, 28,011,917 and 3,599,232 shares issued and outstanding at December 31, 2021 and December 31, 2020, respectively 0 0
Additional paid-in capital 150,741 14,495
Retained earnings (accumulated deficit) (7,538) 2,265
Accumulated other comprehensive income 0 7
Total stockholders’ equity 143,203 16,767
Total liabilities, convertible and redeemable preferred stock and stockholders’ equity 166,511 62,911
Convertible Series A Preferred Stock [Member]    
Current liabilities:    
Series A convertible and redeemable preferred stock, $0.00001 par value, zero and 9,600,000 shares authorized as of December 31, 2021 and December 31, 2020, respectively; zero and 9,342,092 shares issued and outstanding as of December 31, 2021 and December 31, 2020, respectively; aggregate liquidation preference of $0 and $41,586 thousand as of December 31, 2021 and December 31, 2020, respectively. $ 0 $ 35,638