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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 108,768 $ 120,357
Accounts receivable, net of allowance for credit losses of $629 and $1,186 at March 31, 2025 and December 31, 2024, respectively 9,424 10,786
Inventory, net 5,805 6,325
Prepaid expenses and other current assets 2,909 2,306
Total current assets 126,906 139,774
Property and equipment, net 1,485 1,580
Operating lease right-of-use assets 817 935
Other noncurrent assets 472 550
Total assets 129,680 142,839
Current liabilities:    
Accounts payable 2,765 1,691
Accrued compensation 5,125 9,680
Accrued and other current liabilities 4,232 4,097
Current portion - long-term debt, net 0 0
Total current liabilities 12,122 15,468
Long-term debt, net 39,583 39,356
Other noncurrent liabilities 347 492
Total liabilities 52,052 55,316
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 March 31, 2025 and December 31, 2024 0 0
Common stock, par value $0.001 per share; 200,000,000 shares authorized; 51,376,751 and 50,937,999 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively 51 51
Additional paid-in-capital 438,028 433,769
Accumulated deficit (360,451) (346,297)
Total stockholders' equity 77,628 87,523
Total liabilities and stockholders' equity $ 129,680 $ 142,839