XML 28 R3.htm IDEA: XBRL DOCUMENT v3.22.0.1
Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 19,187,000 $ 26,390,000
Short-term investments 96,397,000 11,689,000
Accounts receivable 7,091,000 8,395,000
Inventory 7,822,000 6,909,000
Prepaid expenses and other current assets 2,319,000 1,179,000
Total current assets 132,816,000 54,562,000
Property and equipment, net 603,000 515,000
Restricted cash 122,000 366,000
Deferred offering costs 0 484,000
Other assets 21,000 23,000
Total assets 133,562,000 55,950,000
Current liabilities    
Accounts payable 1,378,000 949,000
Accrued liabilities 7,923,000 6,603,000
Short-term debt 0 2,043,000
Total current liabilities 9,301,000 9,595,000
Deferred rent, noncurrent 911,000 1,301,000
Long-term debt 49,847,000 50,821,000
Redeemable convertible preferred stock warrant liability 0 369,000
Other liabilities 0 274,000
Total liabilities 60,059,000 62,360,000
Commitments and contingencies (Note 5)
Redeemable convertible preferred stock, $0.001 par value - no shares and 60,757,386 shares authorized as of December 31, 2021 and December 31, 2020, respectively; no shares and 16,614,178 shares issued and outstanding as of December 31, 2021 and December 31, 2020, respectively (Liquidation value $0 and $227,755 as of December 31, 2021 and December 31, 2020, respectively) 0 141,422,000
Stockholders’ equity (deficit)    
Preferred stock, $0.001 par value, 10,000,000 shares authorized; no shares issued and outstanding as of December 31, 2021 and December 31, 2020 0 0
Common stock, $0.001 par value - 200,000,000 and 74,636,348 shares authorized as of December 31, 2021 and December 31, 2020, respectively; 24,452,999 and 314,096 shares issued and outstanding as of December 31, 2021 and December 31, 2020, respectively 24,000 0
Additional paid-in-capital 497,522,000 239,826,000
Accumulated other comprehensive income (loss) (272,000) 33,000
Accumulated deficit (423,771,000) (387,691,000)
Total stockholders’ equity (deficit) 73,503,000 (147,832,000)
Total liabilities, redeemable convertible preferred stock and stockholders’ equity (deficit) $ 133,562,000 $ 55,950,000