Balance Sheet Components (Tables)
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12 Months Ended |
Dec. 31, 2023 |
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| Balance Sheet Components |
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| Schedule of allowances for doubtful accounts |
| | | | | | | | | | | | December 31, | | | 2023 | | 2022 | | 2021 | | | | (in thousands) | Beginning balance | | $ | 3,830 | | $ | 2,429 | | $ | 4,220 | Provision for doubtful accounts | | | 2,645 | | | 1,770 | | | (156) | Write-offs | | | 6 | | | (369) | | | (1,635) | Total | | $ | 6,481 | | $ | 3,830 | | $ | 2,429 |
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| Schedule of property and equipment |
| | | | | | | | | | | | | | December 31, | | December 31, | | | | Useful Life | | 2023 | | 2022 | | | | | | | (in thousands) | | Machinery and equipment | | 3-5 years | | $ | 85,626 | | $ | 66,262 | | Computer equipment | | 3 years | | | 1,850 | | | 1,308 | | Purchased and capitalized software held for internal use | | 3 years | | | 11,636 | | | 5,464 | | Leasehold improvements | | Lesser of useful life or lease term | | | 38,999 | | | 29,747 | | Construction-in-process | | | | | 29,392 | | | 25,370 | | | | | | | 167,503 | | | 128,151 | | Less: Accumulated depreciation and amortization | | | | | (56,293) | | | (35,698) | | Total Property and Equipment, net | | | | $ | 111,210 | | $ | 92,453 | |
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| Schedule of accrued compensation |
| | | | | | | | | | December 31, | | December 31, | | | | 2023 | | 2022 | | | | | (in thousands) | | Accrued paid time off | | $ | 3,121 | | $ | 2,930 | | Accrued commissions | | | 10,522 | | | 11,821 | | Accrued bonuses | | | 24,651 | | | 20,426 | | Other accrued compensation | | | 7,563 | | | 8,833 | | Total accrued compensation | | $ | 45,857 | | $ | 44,010 | |
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| Schedule of other accrued liabilities |
| | | | | | | | | | December 31, | | December 31, | | | | 2023 | | 2022 | | | | | (in thousands) | Reserves for refunds to insurance carriers | | $ | 23,245 | | $ | 18,948 | | Accrued charges for third-party testing | | | 14,823 | | | 17,036 | | Testing and laboratory materials from suppliers | | | 11,229 | | | 13,281 | | Marketing and corporate affairs | | | 10,085 | | | 8,943 | | Legal, audit and consulting fees | | | 43,897 | | | 36,710 | | Accrued shipping charges | | | 3,646 | | | 485 | | Sales and income tax payable | | | 3,731 | | | 4,319 | | Accrued third-party service fees | | | 7,111 | | | 6,631 | | Clinical trials and studies | | | 12,126 | | | 23,301 | | Operating lease liabilities, current portion | | | 11,621 | | | 7,639 | | Property and equipment purchases | | | 4,316 | | | 1,821 | | Other accrued interest | | | 1,078 | | | 1,078 | | Other accrued expenses | | | 2,497 | | | 4,022 | | Total other accrued liabilities | | $ | 149,405 | | $ | 144,214 | |
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| Schedule of insurance carrier reserve balance |
| | | | | | | | | December 31, | | December 31, | | | 2023 | | 2022 | | | | (in thousands) | Beginning balance | | $ | 18,948 | | $ | 17,210 | Additional reserves | | | 14,974 | | | 23,717 | Refunds to carriers | | | (1,583) | | | (1,800) | Reserves released to revenue | | | (9,094) | | | (20,179) | Ending balance | | $ | 23,245 | | $ | 18,948 | | | | | | | |
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