v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 332,554,000 $ 38,449,000
Accounts receivable, net of allowance for doubtful accounts of $2,068,000 and $2,119,000 as of June 30, 2021 and December 31, 2020, respectively 2,838,000 2,775,000
Inventory, net 4,890,000 3,316,000
Prepaid expenses and other current assets 1,683,000 2,250,000
Total current assets 341,965,000 46,790,000
Property and equipment, net 6,084,000 4,910,000
Intangible assets, net 1,317,000 1,475,000
Goodwill 7,173,000 7,173,000
Other long-term assets 270,000 103,000
Total assets 356,809,000 60,451,000
Current liabilities:    
Accounts payable 3,745,000 2,930,000
Accrued expenses 6,540,000 5,599,000
Contract liabilities 445,000 416,000
Total current liabilities 10,730,000 8,945,000
Long-term debt 0 16,326,000
Long-term contract liabilities 213,000 98,000
Total liabilities 10,943,000 25,369,000
Commitments and contingencies (Note 7)
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized and no shares issued or outstanding as of June 30, 2021 and December 31, 2020 0 0
Common stock, $0.0001 par value, 400,000,000 shares authorized at June 30, 2021 and December 31, 2020; 279,054,000 and 189,953,000 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively 28,000 19,000
Additional paid-in capital 518,255,000 178,747,000
Accumulated deficit (172,417,000) (143,684,000)
Total stockholders’ equity 345,866,000 35,082,000
Total liabilities and stockholders’ equity $ 356,809,000 $ 60,451,000