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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
CURRENT ASSETS    
Cash and cash equivalents $ 10,435 $ 25,120
Short-term investments 81,345 97,103
Accounts receivable, net of allowance for doubtful accounts of $238 and $263, respectively 11,720 8,486
Inventory 5,452 3,343
Prepaid expenses and other current assets 2,510 1,990
Total current assets 111,462 136,042
Long-term investments 1,278 0
Property and equipment, net 3,954 2,154
Other non-current assets 315 325
TOTAL ASSETS 117,009 138,521
CURRENT LIABILITIES    
Accounts payable 2,811 2,146
Accrued liabilities and other 11,605 6,860
Current portion of long-term borrowings 4,358 0
Total current liabilities 18,774 9,006
Long-term borrowings 34,865 38,963
Other long-term liabilities 362 360
TOTAL LIABILITIES 54,001 48,329
Commitments and contingencies (Note 6)
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.0001 par value; 5,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $0.0001 par value; 100,000,000 shares authorized; 25,163,803 and 24,450,757 shares issued and outstanding, respectively 3 3
Additional paid-in capital 258,121 246,927
Accumulated other comprehensive income 464 439
Accumulated deficit (195,580) (157,177)
TOTAL STOCKHOLDERS’ EQUITY 63,008 90,192
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 117,009 $ 138,521