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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 29,983 $ 28,451
Accounts receivable (net of allowances of $356 at each of March 31, 2022 and December 31, 2021) 15,422 18,320
Inventories, net 23,245 20,825
Prepaid expenses and other current assets 4,547 4,470
Total current assets 73,197 72,066
Property and equipment, net 27,699 28,034
Operating lease right-of-use asset, net 36,389 37,119
Other non-current assets 3,445 3,689
Developed technology, net 24,875 27,927
Goodwill 106,333 106,379
Total assets 271,938 275,214
Current liabilities:    
Accounts payable 12,517 10,602
Accrued compensation and related benefits 7,964 4,920
Operating lease liabilities, current 3,209 3,053
Deferred revenue, current 12,291 11,947
Deferred grant income, current 3,603 3,535
Other accrued liabilities 7,589 8,673
Advances under revolving credit agreement, current 0 6,838
Total current liabilities 47,173 49,568
Bridge loans 35,655 0
Convertible notes, net 54,271 54,160
Term loan, net 10,106 10,049
Deferred tax liability 3,544 4,329
Operating lease liabilities, non-current 36,760 37,548
Deferred revenue, non-current 5,793 5,966
Deferred grant income, non-current 17,237 18,116
Obligation for Series B Preferred Stock 37,792 0
Other non-current liabilities 1,494 882
Total liabilities 249,825 180,618
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.001 par value, 10,000 shares authorized, no shares issued and outstanding at either March 31, 2022 or December 31, 2021 0 0
Common stock: $0.001 par value, 200,000 shares authorized at March 31, 2022 and December 31, 2021; 77,199 and 76,919 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 77 77
Additional paid-in capital 835,379 831,424
Accumulated other comprehensive loss (1,057) (907)
Accumulated deficit (812,286) (735,998)
Total stockholders’ equity 22,113 94,596
Total liabilities and stockholders’ equity $ 271,938 $ 275,214