XML 10 R2.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 9,025 $ 4,405
Marketable securities, short-term 12,920 26,806
Accounts receivable, net of allowances for credit losses of $3,159 and $4,011 at March 31, 2024 and December 31, 2023, respectively 6,306 6,862
Inventory, net 55,757 61,401
Prepaid expenses and other current assets 4,388 5,236
Total current assets 88,396 104,710
Property and equipment, net 3,375 3,458
Operating right-of-use assets 2,285 2,503
Marketable securities, long-term   1,977
Intangible assets, net 2,125 2,192
Other assets 731 728
Goodwill 12,209 12,209
Total assets 109,121 127,777
Current liabilities:    
Accounts payable 6,030 15,685
Accrued expenses and other current liabilities 6,039 8,681
Deferred revenue, current portion 444 335
Warranty liability, current portion 522 526
Operating lease liabilities, current portion 1,124 1,192
Total current liabilities 14,159 26,419
Warranty liability, net of current portion 4,957 5,106
Deferred revenue, net of current portion 607 466
Long-term debt, net of and unamortized debt discount and issuance costs 33,805 31,570
Operating lease liabilities, net of current portion 1,269 1,392
Total liabilities 54,797 64,953
Commitments and Contingencies (see Note 10)
Stockholders' equity    
Common stock, $0.0001 par value: 150,000,000 authorized, 60,358,166 and 58,751,166 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 6 6
Additional paid-in capital 141,651 138,657
Accumulated deficit (87,286) (75,780)
Accumulated other comprehensive loss (47) (59)
Total stockholders' equity 54,324 62,824
Total liabilities and stockholders' equity $ 109,121 $ 127,777