v3.22.2.2
Condensed Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 63,877 $ 182,348
Short-term investments 163,640 157,140
Accounts receivable, net 22,512 25,600
Inventories 55,260 39,185
Prepaid expenses and other current assets 4,714 5,529
Total current assets 310,003 409,802
Restricted cash 33,311 33,311
Property and equipment, net 15,617 12,964
Operating lease right-of-use assets 6,405 7,231
Other assets 386 156
Total assets 365,722 463,464
Current liabilities:    
Accounts payable 1,444 1,763
Accrued compensation and related benefits 19,273 24,948
Accrued expenses and other current liabilities 16,370 13,789
Accrued warranty liability 3,456 3,704
Deferred revenue, current 7,825 6,340
Operating lease liabilities, current 1,276 1,151
Total current liabilities 49,644 51,695
Accrued interest, noncurrent 1,081 721
Deferred revenue, noncurrent 142 312
Operating lease liabilities, noncurrent 5,924 6,893
Term loan, noncurrent 29,828 29,762
Total liabilities 86,619 89,383
Commitments and contingencies (Note 6)
Stockholders' equity:    
Preferred stock, $0.001 par value; 5,000 shares authorized, and no shares issued and outstanding as of September 30, 2022 and December 31, 2021 0 0
Common stock, $0.001 par value; 300,000 shares authorized as of September 30, 2022 and December 31, 2021; 48,295 and 47,241 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively 48 47
Additional paid-in capital 1,027,495 1,000,212
Accumulated other comprehensive (loss) income (934) (184)
Accumulated deficit (747,506) (625,994)
Total stockholders' equity 279,103 374,081
Total liabilities and stockholders' equity $ 365,722 $ 463,464