XML 31 R2.htm IDEA: XBRL DOCUMENT v3.24.0.1
Balance Sheets - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 20,210,000 $ 55,358,000
Short-term investments 161,264,000 158,316,000
Accounts receivable, net of allowances of $26 and $3 at December 31, 2023 and December 31, 2022, respectively 23,573,000 18,007,000
Inventories 29,876,000 19,293,000
Prepaid expenses and other current assets 5,912,000 3,924,000
Total current assets 240,835,000 254,898,000
Long-term investments 9,456,000  
Property and equipment, net 8,114,000 9,372,000
Restricted cash 0 155,000
Other non-current assets 6,904,000 5,260,000
Total assets 265,309,000 269,685,000
Current liabilities:    
Accounts payable 5,676,000 2,523,000
Accrued liabilities 24,607,000 21,965,000
Total current liabilities 30,283,000 24,488,000
Long-term debt 75,626,000 74,596,000
Other liabilities 8,249,000 6,726,000
Total liabilities 114,158,000 105,810,000
Commitments and contingencies (Note 7)
Stockholders' equity:    
Preferred stock, $0.001 par value Shares authorized: 5,000,000 at December 31, 2023 and 2022 Shares issued and outstanding: none at December 31, 2023 and 2022
Common stock, $0.001 par value Shares authorized: 100,000,000 at December 31, 2023 and 2022 Shares issued and outstanding: 39,165,481 and 38,355,972 at December 31, 2023 and 2022, respectively 39,000 38,000
Additional paid-in capital 550,495,000 507,715,000
Accumulated other comprehensive income (loss) 72,000 (166,000)
Accumulated deficit (399,455,000) (343,712,000)
Total stockholders’ equity 151,151,000 163,875,000
Total liabilities and stockholders’ equity $ 265,309,000 $ 269,685,000