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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 60,473 $ 51,067
Restricted cash 23,088 0
Short-term investments 44,870 68,471
Accounts receivable (net of allowance for doubtful accounts of $44 and $47, respectively) 39,729 46,539
Inventory 12,621 15,986
Other current assets 5,430 4,803
Total current assets 186,211 186,866
Property and equipment, net 30,216 15,837
Intangible assets, net 7,031 7,500
Right-of-use assets 73,294 41,535
Long-term investments 20,231 19,962
Other long-term assets 1,142 1,303
Total assets 318,125 273,003
Current liabilities:    
Accounts payable 15,051 16,930
Accrued expenses 13,628 16,190
Current portion of operating lease liabilities 7,267 4,302
Other current liabilities 0 41
Total current liabilities 35,946 37,463
Operating lease liabilities 77,734 43,268
Other long-term liabilities 65 0
Total liabilities 113,745 80,731
COMMITMENTS AND CONTINGENCIES (Note 12)
Shareholders’ equity:    
Common stock, no par value; shares authorized — 75,000; shares issued and outstanding — 47,684 and 47,253, respectively 621,013 593,245
Accumulated other comprehensive loss (463) (978)
Accumulated deficit (416,170) (399,995)
Total shareholders’ equity 204,380 192,272
Total liabilities and shareholders’ equity $ 318,125 $ 273,003