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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Assets:    
Cash and cash equivalents $ 54,578 $ 99,260
Accounts receivable, net 19,172 30,424
Inventories, net 1,783 1,420
Prepaid expenses 15,092 7,520
Other current assets 793 1,367
Total current assets 91,418 139,991
Property and equipment, net 4,283 3,457
Finance lease right-of-use assets, net 5,391 6,612
Operating lease right-of-use assets 622 216
Goodwill 17,922 17,922
Intangible assets, net 30,410 39,616
Other assets 8,189 885
Total assets 158,235 208,699
Liabilities:    
Accounts payable and other accrued liabilities 4,300 13,750
Accrued compensation and benefits 7,608 14,569
Contract liabilities 6,838 6,728
Finance lease obligations – current portion 1,877 1,730
Operating lease obligations – current portion 210 97
Other current liabilities 1,302 2,324
Total current liabilities 22,135 39,198
Finance lease obligations – non-current portion 7,641 9,518
Operating lease obligations – non-current portion 418 123
Deferred income taxes 813 813
Other liabilities 91 44
Total liabilities 31,098 49,696
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.001 par value, 250,000,000 shares authorized, 72,514,652 shares and 70,239,890 shares issued and outstanding as of December 31, 2024 and 2023, respectively 111 109
Additional paid-in capital 454,502 433,781
Accumulated other comprehensive loss (129) (60)
Accumulated deficit (327,347) (274,827)
Total stockholders' equity 127,137 159,003
Total liabilities and stockholders' equity $ 158,235 $ 208,699