XML 11 R2.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 9,461 $ 4,405
Marketable securities, short-term 10,043 26,806
Accounts receivable, net of allowances for credit losses of $2,334 and $4,011 at September 30, 2024, and December 31, 2023, respectively 8,828 6,862
Inventory 46,789 61,401
Prepaid expenses and other current assets 3,594 5,236
Total current assets 78,715 104,710
Property and equipment, net 3,044 3,458
Operating right-of-use assets 1,842 2,503
Marketable securities, long-term   1,977
Intangible assets, net 1,989 2,192
Other assets 772 728
Goodwill 12,209 12,209
Total assets 98,571 127,777
Current liabilities:    
Accounts payable 11,841 15,685
Accrued expenses and other current liabilities 6,143 8,681
Deferred revenue, current portion 556 335
Warranty liability, current portion 513 526
Operating lease liabilities, current portion 849 1,192
Total current liabilities 19,902 26,419
Warranty liability, net of current portion 5,194 5,106
Deferred revenue, net of current portion 674 466
Long-term debt, net of unamortized debt discount and issuance costs 38,275 31,570
Operating lease liabilities, net of current portion 1,057 1,392
Total liabilities 65,102 64,953
Commitments and Contingencies (see Note 10)
Stockholders' equity    
Common stock, $0.0001 par value: 150,000,000 authorized; 60,743,061 and 58,751,666 shares issued and outstanding at September 30, 2024, and December 31, 2023, respectively 6 6
Additional paid-in capital 145,184 138,657
Accumulated deficit (111,724) (75,780)
Accumulated other comprehensive loss 3 (59)
Total stockholders' equity 33,469 62,824
Total liabilities and stockholders' equity $ 98,571 $ 127,777