XML 26 R3.htm IDEA: XBRL DOCUMENT v3.25.0.1
Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 13,430 $ 18,058
Short-term investments 39,325 48,396
Accounts receivable 12,851 12,314
Inventory 13,381 11,214
Prepaid expenses and other current assets 2,352 2,737
Total current assets 81,339 92,719
Property and equipment, net 1,052 1,003
Operating lease right-of-use asset 11,843 13,405
Restricted cash 122 122
Deferred offering costs 276 387
Other assets 15 15
Total assets 94,647 107,651
Current liabilities    
Accounts payable 2,954 2,332
Accrued liabilities 9,787 11,180
Operating lease liability 1,860 1,627
Deferred revenue 555 1,090
Total current liabilities 15,156 16,229
Long-term debt 59,525 56,954
Operating lease liability, net of current portion 11,953 13,814
Total liabilities 86,634 86,997
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, 2024 and December 31, 2023 0 0
Common stock, $0.001 par value, 200,000,000 shares authorized as of December 31, 2024 and December 31, 2023; 30,145,039 and 27,823,465 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively 30 28
Additional paid-in-capital 538,933 524,435
Accumulated deficit (530,950) (503,809)
Total stockholders’ equity 8,013 20,654
Total liabilities and stockholders’ equity $ 94,647 $ 107,651