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Balance Sheets Components (Tables)
12 Months Ended
Dec. 31, 2021
Balance Sheet Related Disclosures [Abstract]  
Schedule of Accounts Receivable, Net

Accounts receivable, net consisted of the following:

 

 

As of

 

 

 

December 31, 2021

 

 

December 31, 2020

 

 

 

(in thousands)

 

Accounts receivable, gross

 

$

38,426

 

 

$

23,970

 

Allowance for credit losses

 

 

(50

)

 

 

(50

)

Accounts receivable, net

 

$

38,376

 

 

$

23,920

 

Schedule of Inventory

Inventory consisted of the following:

 

 

 

As of

 

 

 

December 31, 2021

 

 

December 31, 2020

 

 

 

(in thousands)

 

Raw materials

 

$

1,841

 

 

$

435

 

Work in progress

 

 

16,963

 

 

 

10,184

 

Finished goods

 

 

4,826

 

 

 

1,731

 

Total inventories

 

$

23,630

 

 

$

12,350

 

Schedule of Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following:

 

 

 

As of

 

 

 

December 31, 2021

 

 

December 31, 2020

 

 

 

(in thousands)

 

Advance to suppliers

 

$

 

 

$

853

 

Prepaid expenses

 

 

2,398

 

 

 

1,074

 

Other current assets

 

 

2,078

 

 

 

722

 

Total prepaid and other current assets

 

$

4,476

 

 

$

2,649

 

Schedule of Property and Equipment Net

Property and equipment, net consisted of the following:

 

 

 

As of

 

 

 

December 31, 2021

 

 

December 31, 2020

 

 

 

(in thousands)

 

Lab and manufacturing equipment

 

$

44,283

 

 

$

21,958

 

Computer equipment

 

 

1,977

 

 

 

1,121

 

Furniture and fixtures

 

 

433

 

 

 

237

 

Construction in progress

 

 

7,100

 

 

 

638

 

Leasehold improvements

 

 

5,211

 

 

 

4,134

 

 

 

 

59,004

 

 

 

28,088

 

Accumulated depreciation

 

 

(21,102

)

 

 

(16,380

 )

Total property and equipment, net

 

$

37,902

 

 

$

11,708

 

Schedule of Intangible Assets, Net

Intangible assets, net consisted of the following:

 

 

 

As of

 

 

 

December 31, 2021

 

 

December 31, 2020

 

 

 

(in thousands)

 

 

 

Gross Assets

 

 

Accumulated Amortization

 

 

Net Assets

 

 

Gross Assets

 

 

Accumulated Amortization

 

 

Net Assets

 

 

 

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

Internal use software

 

$

9,434

 

 

$

(8,633

)

 

$

801

 

 

$

9,377

 

 

$

(8,312

)

 

$

1,065

 

Purchased intangibles

 

 

11,703

 

 

 

(6,527

)

 

 

5,176

 

 

 

5,663

 

 

 

(4,659

)

 

 

1,004

 

Intangible assets

 

$

21,137

 

 

$

(15,160

)

 

$

5,977

 

 

$

15,040

 

 

$

(12,971

)

 

$

2,069

 

Schedule of Future Amortization Expense for Intangible Assets The estimated aggregate future amortization expense for intangible assets in development stage and subject to amortization as of December 31, 2021 is summarized as below:

 

 

As of

 

 

 

December 31, 2021

 

 

 

(in thousands)

 

2022

 

$

2,277

 

2023

 

 

2,207

 

2024

 

 

1,311

 

2025

 

 

168

 

2026

 

 

14

 

 

 

$

5,977

 

Schedule of Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following:

 

 

 

As of

 

 

 

December 31, 2021

 

 

December 31, 2020

 

 

 

(in thousands)

 

Accrued payroll and related benefits

 

$

7,237

 

 

$

5,362

 

Deferred non-recurring engineering services

 

 

5,666

 

 

 

-

 

Revenue reserves

 

 

4,517

 

 

 

3,063

 

Short term lease liability

 

 

1,336

 

 

 

1,264

 

Accrued customer rebates

 

 

784

 

 

 

380

 

Other accrued expenses

 

 

4,742

 

 

 

2,894

 

Total accrued expenses and other current liabilities

 

$

24,282

 

 

$

12,963