Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v3.24.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 30,617 $ 83,845
Current portion of restricted cash 220 233
Short-term investments   625
Accounts receivable 22,803 37,690
Inventory 80,853 82,639
Prepaid expenses and other current assets 8,946 11,105
Total current assets 143,439 216,137
Restricted cash, net of current portion   612
Property and equipment, net 27,184 35,840
Intangible assets, net 75,297 168,259
Other noncurrent assets 27,773 37,153
Total Assets 273,693 458,001
Current liabilities:    
Accounts payable 14,317 18,190
Customer deposits 4,403 5,356
Current portion of lease liability 7,936 7,404
Accrued expenses and other current liabilities 23,149 27,085
Current portion of deferred revenue 11,206 11,739
Current portion of long-term debt, net of deferred financing costs 181 330
Total current liabilities 61,192 70,104
Long-term debt, net of current portion   89
Convertible notes 113,113 112,565
Lease liability, net of current portion 18,673 23,566
Deferred revenue, net of current portion 2,052 3,696
Deferred tax liability 3,609 3,523
Other noncurrent liabilities 2,706 2,806
Total liabilities 201,345 216,349
Commitments and Contingencies (Note 17)
Stockholders' Equity    
Preferred Stock, $0.0001 par value-authorized, 50,000,000 shares; no shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively
Common Stock, $0.0001 par value-500,000,000 shares authorized; 33,310,041 and 32,527,742 shares issued at September 30, 2024 and December 31, 2023, respectively, 33,310,040 and 32,527,167 shares outstanding at September 30, 2024 and December 31, 2023, respectively 4 4
Additional paid-in capital 1,929,669 1,908,533
Accumulated deficit (1,823,211) (1,632,225)
Accumulated other comprehensive loss (34,114) (34,660)
Total Stockholders' Equity 72,348 241,652
Total Liabilities and Stockholders' Equity $ 273,693 $ 458,001