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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 118,177 $ 138,129
Accounts receivable, net of allowance for credit losses of $1,059 and $1,186 at June 30, 2024 and December 31, 2023, respectively 19,919 14,289
Inventory, net 6,781 7,849
Prepaid expenses and other current assets 1,452 2,604
Total current assets 146,329 162,871
Property and equipment, net 1,489 1,640
Operating lease right-of-use assets 1,257 1,458
Other noncurrent assets 640 682
Total assets 149,715 166,651
Current liabilities:    
Accounts payable 1,923 1,731
Accrued compensation 5,394 4,528
Accrued and other current liabilities 5,971 3,774
Current portion - long-term debt, net 0 2,219
Total current liabilities 13,288 12,252
Long-term debt, net 33,770 31,708
Other noncurrent liabilities 1,019 2,476
Total liabilities 48,077 46,436
Commitments and contingencies (Note 6)
Stockholders' equity:    
Preferred stock, par value $0.001 per share; 10,000,000 shares authorized; no shares issued and outstanding as of June 30, 2024 and December 31, 2023 0 0
Common stock, par value $0.001 per share; 200,000,000 shares authorized; 50,136,131 and 49,131,363 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 50 49
Additional paid-in-capital 424,973 414,956
Accumulated deficit (323,385) (294,790)
Total stockholders' equity 101,638 120,215
Total liabilities and stockholders' equity $ 149,715 $ 166,651