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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 88,244 $ 51,352
Accounts receivable, net 30,113 27,421
Inventories 179,810 172,906
Prepaid expenses and other current assets 5,524 5,334
Total current assets 303,691 257,013
Property and equipment, net 54,326 53,835
Intangible assets, net 479 499
Goodwill 3,530 3,530
Right-to-use assets 9,152 9,635
Deposits and other assets 5,221 4,670
TOTAL ASSETS 376,399 329,182
Current liabilities:    
Accounts payable 14,179 15,660
Accrued expenses and other current liabilities 27,726 32,919
Current portion of deferred revenue 1,130 182
Current portion of lease obligations 1,142 1,045
Total current liabilities 44,177 49,806
Senior notes payable, net of discount 131,074 130,594
Deferred revenue, net of current portion 1,619 1,690
End of term fee 1,688 1,688
Lease obligations, net of current portion 9,182 9,779
Other non-current liabilities 390 419
TOTAL LIABILITIES 188,130 193,976
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Preferred Stock, $0.0001 par value, 10,000,000 shares authorized, no shares issued and outstanding 0 0
Common Stock - voting, $0.0001 par value, 300,000,000 shares authorized, 233,026,736 and 226,063,032 shares issued and outstanding at June 30, 2024 and December 31, 2023 23 23
Additional paid-in capital 644,634 641,439
Accumulated deficit (456,388) (506,256)
TOTAL STOCKHOLDERS' EQUITY 188,269 135,206
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 376,399 $ 329,182