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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 21,400 $ 19,442
Restricted cash 31 31
Available-for-sale securities, current portion 24,858 43,260
Accounts receivable, trade, net of allowance for doubtful accounts of $1,265 and $739 as of June 30, 2023 and December 31, 2022, respectively 26,860 33,936
Inventories, net 39,177 34,904
Prepaid expenses and other current assets 7,985 6,879
Total current assets 120,311 138,452
Assets held for rent, net 9,417 9,064
Property and equipment, net 25,565 23,638
Operating lease right-of-use assets, net 14,935 15,292
Financing lease right-of-use assets, net 1,807 272
Long-term deposits and other assets 316 281
Available-for-sale securities, long-term 1,839 1,332
Equity investments 5,069 5,069
Intangible assets, net 29,177 32,088
Goodwill 224,741 224,741
Total assets 433,177 450,229
Total liabilities and shareholders’ equity 433,177 450,229
Current liabilities:    
Accounts payable 10,686 15,367
Accrued expenses and other current liabilities 10,114 9,782
Sales taxes payable 4,989 4,151
Warranty liability 8,436 8,312
Lease liabilities, operating, current portion 2,915 2,860
Lease liabilities, financing, current portion 426 158
Debt, current portion 1,935 1,814
Contingent consideration, current portion 86 2,138
Total current liabilities 39,587 44,582
Contingent consideration, long-term 1,909 2,318
Lease liabilities, operating, long-term 14,388 14,962
Lease liabilities, financing, long-term 1,330 126
Debt, long-term 23,572 23,793
Deferred tax liabilities 263 250
Other long-term liabilities 0 10
Total liabilities 81,049 86,041
Commitments and contingencies (Note 12)
Shareholders’ equity:    
Preferred stock, $0.001 par value; 1,000,000 shares authorized, Series A, 4,250 shares designated, and 0 shares issued and outstanding as of June 30, 2023 and December 31, 2022 0 0
Common stock, $0.001 par value; 150,000,000 shares authorized, 43,442,250 and 42,832,231 shares issued and outstanding, respectively, as of June 30, 2023 and December 31, 2022 43 43
Additional paid-in capital 623,412 611,739
Accumulated other comprehensive loss, net of taxes (499) (679)
Accumulated deficit (270,828) (246,915)
Total shareholders’ equity $ 352,128 $ 364,188