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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 123,903 $ 23,636
Short-term investments 69,443 82,453
Accounts receivable, net of allowances of $1,132 and $533 at December 31, 2021 and 2020, respectively 35,449 25,003
Inventory 21,958 36,329
Prepaid expenses and other current assets 5,049 3,943
Total current assets 255,802 171,364
Long-term investments 14,225  
Property and equipment, net 27,500 16,531
Operating lease right-of-use assets 11,667 13,761
Other non-current assets 2,462 2,079
Goodwill 3,881 3,881
Total assets 315,537 207,616
Current liabilities:    
Accounts payable 11,732 10,144
Accrued compensation and employee related benefits 6,365 5,529
Accrued and other current liabilities 2,481 1,468
Current portion of operating lease liabilities 4,143 3,641
Restructuring liabilities 591  
Current portion of long-term debt 9,633  
Current portion of deferred revenue 558 6,811
Total current liabilities 35,503 27,593
Long-term debt, net of current portion 278,661 54,556
Operating lease liabilities, net of current portion 11,934 15,266
Other long-term liabilities 279 805
Deferred revenue, net of current portion 236 277
Total liabilities 326,613 98,497
Commitments and contingencies (Note 11)
Stockholders' equity:    
Preferred stock, $0.001 par value — 5,000 shares authorized, no shares issued and outstanding at December 31, 2021 and 2020
Common stock, $0.001 par value — 495,000 shares authorized, 24,737 and 23,350 shares issued and outstanding at December 31, 2021 and 2020, respectively 25 23
Additional paid-in capital 351,422 423,759
Accumulated other comprehensive (loss) income (39) 3
Accumulated deficit (362,484) (314,666)
Total stockholders' equity (11,076) 109,119
Total liabilities and stockholders' equity $ 315,537 $ 207,616