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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 65,950 $ 87,083
Accounts receivable, net 43,084 40,353
Inventory 13,183 11,389
Prepaid expenses 8,646 6,146
Income tax receivable 704 743
Other current assets 2,631 2,809
Total current assets 134,198 148,523
Property and equipment, net 7,856 9,165
Right of use asset 3,400 4,696
Goodwill 19,976 19,976
Intangible assets, net 5,852 5,383
Other assets 148 186
Total assets 171,430 187,929
Current liabilities:    
Accounts payable 8,847 7,385
Accrued compensation 21,852 23,595
Accrued expenses 11,024 9,812
Other current liabilities 1,834 1,565
Total current liabilities 43,557 42,357
Long term debt, net 48,594 48,127
Other liabilities 4,773 4,869
Total liabilities 96,924 95,353
Commitments and contingencies (Note 16)
Convertible preferred stock Series B; $.001 par value; 100,000 shares authorized, issued and outstanding at December 31, 2022 and December 31, 2021 92,494 92,494
Stockholders’ (deficit) equity:    
Preferred stock Series A; $.001 par value; 5,000,000 shares authorized; 0 issued and outstanding at December 31, 2022 and 0 issued and outstanding at December 31, 2021 0 0
Common stock; $.001 par value; 187,500,000 shares authorized, 113,705,447 issued and outstanding at December 31, 2022 and 112,703,926 issued and 111,925,216 outstanding at December 31, 2021 114 113
Additional paid-in capital 173,804 165,695
Treasury stock at cost; 0 shares at December 31, 2022 and 778,710 shares at December 31, 2021 0 (4,017)
Accumulated deficit (191,906) (161,709)
Total stockholders’ (deficit) equity (17,988) 82
Total liabilities, convertible preferred stock, and stockholders’ (deficit) equity $ 171,430 $ 187,929