Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 93,458 $ 121,691
Accounts receivable, net 53,608 45,447
Inventory, net 44,679 47,942
Prepaid expenses and other current assets 5,990 6,654
Total Current Assets 197,735 221,734
Restricted cash 77 79
Property and equipment, net 37,205 35,127
Operating lease right-of-use asset 9,616 9,731
Intangible assets, net 13,857 16,298
Goodwill 144,881 144,881
Other assets 1,124 669
Total Assets 404,495 428,519
Current Liabilities:    
Accounts payable 26,300 31,193
Accrued expenses and other current liabilities 15,477 14,143
Notes payable 6,792 6,792
Current portion of operating lease liabilities 3,794 3,448
Current portion of financing lease liabilities 436 512
Current portion of deferred revenue 14,430 13,613
Total Current Liabilities 67,229 69,701
Consideration payable 19,818 49,434
Operating lease liabilities, non-current portion 6,714 7,025
Financing lease liabilities, non-current portion 123 163
Other liabilities 337 337
Deferred revenue, non-current portion 13,536 12,462
Total Liabilities 107,757 139,122
Commitments and contingencies (Note 8)
Stockholders’ Equity:    
Common stock, $0.001 par value, 500,000,000 shares authorized, 100,996,579 and 92,818,233 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively 101 93
Additional paid-in capital 855,306 829,563
Accumulated other comprehensive loss (3,773) (2,536)
Accumulated deficit (554,896) (537,723)
Total Stockholders’ Equity 296,738 289,397
Total Liabilities and Stockholders’ Equity $ 404,495 $ 428,519