Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 73,885 $ 121,691
Accounts receivable, net 49,609 45,447
Inventory, net 44,454 47,942
Prepaid expenses and other current assets 5,227 6,654
Total Current Assets 173,175 221,734
Restricted cash 75 79
Property and equipment, net 40,317 35,127
Operating lease right-of-use asset 8,185 9,731
Intangible assets, net 13,001 16,298
Goodwill 144,881 144,881
Other assets 638 669
Total Assets 380,272 428,519
Current Liabilities:    
Accounts payable 29,623 31,193
Accrued expenses and other current liabilities 12,745 14,143
Notes payable 265 6,792
Current portion of operating lease liabilities 3,311 3,448
Current portion of financing lease liabilities 238 512
Current portion of deferred revenue 15,192 13,613
Total Current Liabilities 61,374 69,701
Consideration payable 20,565 49,434
Operating lease liabilities, non-current portion 5,993 7,025
Financing lease liabilities, non-current portion 115 163
Other liabilities 337 337
Deferred revenue, non-current portion 13,515 12,462
Total Liabilities 101,899 139,122
Commitments and contingencies (Note 8)
Stockholders’ Equity:    
Common stock, $0.001 par value, 500,000,000 shares authorized, 101,067,207 and 92,818,233 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 101 93
Additional paid-in capital 857,400 829,563
Accumulated other comprehensive loss (4,173) (2,536)
Accumulated deficit (574,955) (537,723)
Total Stockholders’ Equity 278,373 289,397
Total Liabilities and Stockholders’ Equity $ 380,272 $ 428,519