v3.23.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 34,568 $ 5,091
Investments 29,014 108,095
Accounts receivable, net 8,669 7,022
Inventories current 26,429 29,761
Prepaid expenses and other current assets 5,857 7,329
Total current assets 104,537 157,298
Restricted cash 400 400
Property and equipment, net 21,266 18,029
Operating lease right-of-use assets 6,170 7,222
Finance lease right-of-use assets 3,555 3,707
Intangible assets, net 35,766 41,143
Goodwill 0 77,289
Other long-term assets 10,210 2,414
Total assets 181,904 307,502
Current liabilities:    
Accounts payable 15,369 12,534
Accrued expenses 11,552 10,552
Contract liabilities 811 871
Operating lease liability 2,186 2,260
Finance lease liability 276 285
Contingent consideration 10,000 9,382
Total current liabilities 40,194 35,884
Operating lease liability, net of current portion 4,085 5,504
Finance lease liability, net of current portion 3,595 3,619
Contingent consideration, net of current portion 14,880 12,970
Long-term contract liabilities 151 127
Total liabilities 62,905 58,104
Commitments and contingencies (Note 7)
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized at September 30, 2023 and December 31, 2022; no shares issued and outstanding at September 30, 2023 and December 31, 2022 0 0
Common stock, $0.0001 par value, 400,000,000 shares authorized at September 30, 2023 and December 31, 2022; 35,349,000 and 29,718,000 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively 3 3
Additional paid-in capital 656,406 599,234
Accumulated deficit (537,317) (348,715)
Accumulated other comprehensive loss (93) (1,124)
Total stockholders’ equity 118,999 249,398
Total liabilities and stockholders’ equity $ 181,904 $ 307,502