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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 17,948 $ 5,091
Investments 48,823 108,095
Accounts receivable, net 9,319 7,022
Inventory 22,892 29,761
Prepaid expenses and other current assets 6,019 7,329
Restricted investments 35,117 0
Total current assets 140,118 157,298
Restricted cash 400 400
Property and equipment, net 23,345 18,029
Operating lease right-of-use assets 5,633 7,222
Finance lease right-of-use assets 3,503 3,707
Intangible assets, net 33,974 41,143
Goodwill 0 77,289
Other long-term assets 7,431 2,414
Total assets 214,404 307,502
Current liabilities:    
Accounts payable 10,384 12,534
Accrued expenses 8,089 10,552
Contract liabilities 783 871
Operating lease liability 2,163 2,260
Finance lease liability 272 285
Contingent consideration 0 9,382
Purchase option liability (at fair value) 8,534 0
Convertible notes payable (at fair value) 69,803 0
Total current liabilities 100,028 35,884
Operating lease liability, net of current portion 3,590 5,504
Finance lease liability, net of current portion 3,585 3,619
Contingent consideration, net of current portion 10,890 12,970
Long-term contract liabilities 154 127
Total liabilities 118,247 58,104
Commitments and contingencies (Note 11)
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized and no shares issued or outstanding as of December 31, 2023 and 2022 0 0
Common stock, $0.0001 par value, 400,000,000 shares authorized at December 31, 2023 and 2022; 45,752,000 and 29,718,000 shares issued and outstanding at December 31, 2023 and 2022, respectively 5 3
Additional paid-in capital 677,337 599,234
Accumulated deficit (581,208) (348,715)
Accumulated other comprehensive income (loss) 23 (1,124)
Total stockholders’ equity 96,157 249,398
Total liabilities and stockholders’ equity $ 214,404 $ 307,502