XML 13 R2.htm IDEA: XBRL DOCUMENT v3.23.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 68,652 $ 65,950
Accounts receivable, net 48,963 43,084
Inventory 16,815 13,183
Prepaid expenses 3,683 8,646
Other current assets 3,110 3,335
Total current assets 141,223 134,198
Property and equipment, net 7,261 7,856
Right of use asset 2,742 3,400
Goodwill 19,441 19,976
Intangible assets, net 5,565 5,852
Other assets 146 148
Total assets 176,378 171,430
Current liabilities:    
Accounts payable 8,150 8,847
Accrued compensation 21,602 21,852
Accrued expenses 12,645 11,024
Other current liabilities 2,063 1,834
Total current liabilities 44,460 43,557
Long term debt, net 48,838 48,594
Other liabilities 3,252 4,773
Total liabilities 96,550 96,924
Commitments and contingencies (Note 13)
Convertible preferred stock Series B; $0.001 par value; 100,000 shares authorized, issued and outstanding at June 30, 2023 and December 31, 2022 92,494 92,494
Stockholders' deficit    
Preferred stock Series A; $0.001 par value; 5,000,000 shares authorized, 0 issued and outstanding at June 30, 2023 and December 31, 2022 0 0
Common stock; $0.001 par value; 250,000,000 shares authorized, 116,109,125 issued and outstanding at June 30, 2023 and 187,500,000 shares authorized, 113,705,447 issued and outstanding at December 31, 2022 116 114
Additional paid-in capital 182,907 173,804
Accumulated deficit (195,689) (191,906)
Total stockholders' deficit (12,666) (17,988)
Total liabilities, convertible preferred stock, and stockholders’ deficit $ 176,378 $ 171,430