Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v3.24.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 45,855 $ 83,845
Current portion of restricted cash 215 233
Short-term investments 177 625
Accounts receivable 29,507 37,690
Inventory 84,005 82,639
Prepaid expenses and other current assets 10,096 11,105
Total current assets 169,855 216,137
Restricted cash, net of current portion 612 612
Property and equipment, net 26,351 35,840
Intangible assets, net 80,390 168,259
Other noncurrent assets 29,284 37,153
Total Assets 306,492 458,001
Current liabilities:    
Accounts payable 18,089 18,190
Customer deposits 4,630 5,356
Current portion of lease liability 7,756 7,404
Accrued expenses and other current liabilities 24,891 27,085
Current portion of deferred revenue 9,860 11,739
Current portion of long-term debt, net of deferred financing costs 225 330
Total current liabilities 65,451 70,104
Long-term debt, net of current portion 29 89
Convertible notes 112,930 112,565
Lease liability, net of current portion 20,522 23,566
Deferred revenue, net of current portion 1,842 3,696
Deferred tax liability 3,138 3,523
Other noncurrent liabilities 2,739 2,806
Total liabilities 206,651 216,349
Commitments and Contingencies (Note 17)
Stockholders' Equity    
Preferred Stock, $0.0001 par value-authorized, 50,000,000 shares; no shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively
Common Stock, $0.0001 par value-500,000,000 shares authorized; 33,196,705 and 32,527,742 shares issued at June 30, 2024 and December 31, 2023, respectively, 33,196,705 and 32,527,167 shares outstanding at June 30, 2024 and December 31, 2023, respectively 4 4
Additional paid-in capital 1,923,978 1,908,533
Accumulated deficit (1,787,763) (1,632,225)
Accumulated other comprehensive loss (36,378) (34,660)
Total Stockholders' Equity 99,841 241,652
Total Liabilities and Stockholders' Equity $ 306,492 $ 458,001