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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 27,804 $ 35,631
Restricted cash 0 3,044
Accounts receivable, net 6,173 8,238
Marketable debt securities, available-for-sale 13,342 50,648
Inventories 55,526 57,540
Prepaid expenses and other current assets 7,926 8,100
Total current assets 110,771 163,201
Property and equipment, net 16,339 18,581
Operating lease right-of-use assets, net 5,784 6,555
Other non-current assets 1,599 1,599
Total assets 134,493 189,936
Liabilities    
Accounts payable 2,324 2,896
Convertible debt, current 15,985 26,849
Derivative liabilities 11 405
Other current liabilities 16,200 15,616
Total current liabilities 34,520 45,766
Convertible debt, non-current 19,895 19,870
Earn-out shares liability 47 564
Common stock warrant liability 846 661
Other non-current liabilities 9,925 11,000
Total liabilities 65,233 77,861
Commitments and contingencies (Note 13)
Stockholders’ Equity    
Common Stock $0.0001 par value, authorized 1,000,000 shares, 174,794 and 168,817 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively 17 17
Preferred Stock $0.0001 par value, authorized 10,000 shares, 0 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively 0 0
Additional paid-in capital 194,626 190,215
Accumulated deficit (125,327) (77,418)
Accumulated other comprehensive loss (56) (739)
Total stockholders’ equity 69,260 112,075
Total liabilities and stockholders’ equity $ 134,493 $ 189,936