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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 50,291 $ 69,088
Restricted cash 25,563 17,778
Short-term investments 52,217 40,469
Accounts receivable (net of allowance for doubtful accounts of $10 and $43, respectively) 47,996 58,356
Inventory 14,887 13,087
Other current assets 6,432 6,853
Total current assets 197,386 205,631
Property and equipment, net 73,086 41,635
Intangible assets, net 6,563 6,875
Right-of-use assets 73,020 73,462
Long-term investments 26,120 25,283
Other long-term assets 664 771
Total assets 376,839 353,657
Current liabilities:    
Accounts payable 25,216 22,347
Accrued expenses 12,856 17,215
Current portion of operating lease liabilities 5,791 6,187
Total current liabilities 43,863 45,749
Operating lease liabilities 89,801 81,856
Other long-term liabilities 198 100
Total liabilities 133,862 127,705
COMMITMENTS AND CONTINGENCIES (Note 12)
Shareholders’ equity:    
Common stock, no par value; shares authorized — 75,000; shares issued and outstanding — 48,862 and 47,829, respectively 654,971 629,229
Accumulated other comprehensive loss (273) (100)
Accumulated deficit (411,721) (403,177)
Total shareholders’ equity 242,977 225,952
Total liabilities and shareholders’ equity $ 376,839 $ 353,657