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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 36,489 $ 35,631
Restricted cash 0 3,044
Accounts receivable, net 6,970 8,238
Marketable debt securities, available-for-sale 27,528 50,648
Inventories 57,007 57,540
Prepaid expenses and other current assets 8,476 8,100
Total current assets 136,470 163,201
Property and equipment, net 17,752 18,581
Operating lease right-of-use assets, net 6,172 6,555
Other non-current assets 1,821 1,599
Total assets 162,215 189,936
Liabilities    
Accounts payable 3,533 2,896
Convertible debt, current 19,635 26,849
Derivative liabilities 497 405
Other current liabilities 17,168 15,616
Total current liabilities 40,833 45,766
Convertible debt, non-current 19,882 19,870
Earn-out shares liability 616 564
Common stock warrant liability 666 661
Other non-current liabilities 10,467 11,000
Total liabilities 72,464 77,861
Commitment and Contingencies (Note 13)
Stockholders’ Equity    
Common Stock $0.0001 par value, authorized 1,000,000 shares, 169,829 and 168,817 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 17 17
Preferred Stock $0.0001 par value, authorized 10,000 shares, 0 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 0 0
Additional paid-in capital 191,820 190,215
Accumulated deficit (101,749) (77,418)
Accumulated other comprehensive loss (337) (739)
Total stockholders’ equity 89,751 112,075
Total liabilities and stockholders’ equity $ 162,215 $ 189,936