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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 225,576 $ 257,222
Accounts receivable, net 56,081 48,376
Inventory 41,622 39,756
Prepaid expenses and other current assets 5,907 5,213
Total current assets 329,186 350,567
Restricted cash, non-current 3,038 3,038
Property and equipment, net 28,488 28,748
Operating lease right-of-use assets, net 19,892 20,241
Intangible assets, net 1,136 1,204
Other assets 1,160 919
Total assets 382,900 404,717
Current liabilities:    
Accounts payable 10,084 13,499
Accrued compensation 11,469 16,885
Deferred revenue 5,860 5,656
Operating lease, current 1,701 1,683
Loan facility derivative liability, current 1,914 1,886
Other current liabilities 7,622 6,318
Total current liabilities 38,650 45,927
Long-term debt 51,371 51,339
Operating lease, non-current 28,315 26,182
Other liabilities 517 517
Total liabilities 118,853 123,965
Commitments and contingencies (see Note 11)
Stockholders’ equity:    
Preferred stock, $0.00001 par value; Authorized shares: 10,000 at March 31, 2024 and December 31, 2023, Issued and outstanding shares: none at March 31, 2024 and December 31, 2023 0 0
Common stock, $0.00001 par value; Authorized shares: 300,000 at March 31, 2024 and December 31, 2023 Issued and outstanding shares: 51,393 and 50,771 at March 31, 2024 and December 31, 2023, respectively 0 0
Additional paid-in capital 744,463 735,240
Accumulated other comprehensive gain 113 84
Accumulated deficit (480,529) (454,572)
Total stockholders’ equity 264,047 280,752
Total liabilities and stockholders’ equity $ 382,900 $ 404,717