XML 32 R3.htm IDEA: XBRL DOCUMENT v3.24.0.1
Balance Sheets - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 18,058,000 $ 6,605,000
Short-term investments 48,396,000 70,804,000
Accounts receivable 12,314,000 7,482,000
Inventory 11,214,000 9,712,000
Prepaid expenses and other current assets 2,737,000 3,111,000
Total current assets 92,719,000 97,714,000
Property and equipment, net 1,003,000 1,064,000
Operating lease right-of-use asset 13,405,000 14,838,000
Restricted cash 122,000 122,000
Deferred offering costs 387,000 347,000
Other assets 15,000 21,000
Total assets 107,651,000 114,106,000
Current liabilities    
Accounts payable 2,332,000 2,147,000
Accrued liabilities 11,180,000 7,414,000
Operating lease liability 1,627,000 1,415,000
Deferred revenue 1,090,000 0
Total current liabilities 16,229,000 10,976,000
Long-term debt 56,954,000 52,913,000
Operating lease liability, net of current portion 13,814,000 15,440,000
Total liabilities 86,997,000 79,329,000
Commitments and contingencies (Note 5)
Stockholders’ equity    
Preferred stock, $0.001 par value, 10,000,000 shares authorized and no shares issued and outstanding as of December 31, 2023 and December 31, 2022 0 0
Common stock, $0.001 par value, 200,000,000 shares authorized as of December 31, 2023 and December 31, 2022; 27,823,465 and 25,045,751 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively 28,000 25,000
Additional paid-in-capital 524,435,000 506,713,000
Accumulated other comprehensive loss 0 (1,108,000)
Accumulated deficit (503,809,000) (470,853,000)
Total stockholders’ equity 20,654,000 34,777,000
Total liabilities and stockholders’ equity $ 107,651,000 $ 114,106,000