v3.24.1.u1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 90,303 $ 104,217
Short-term investments 191,180 218,506
Accounts receivable, net of allowance for doubtful accounts of $1,128 and $1,048 at March 31, 2024 and December 31, 2023, respectively 76,918 79,377
Inventories 120,789 118,676
Prepaid expenses and other current assets 13,414 10,145
Total current assets 492,604 530,921
Property and equipment, net 24,708 24,568
Operating lease assets 7,764 8,944
Goodwill 38,324 38,164
Intangible assets, net 26,617 27,354
Other assets 5,427 5,156
Restricted cash 606 606
Total assets 596,050 635,713
Current liabilities    
Accounts payable 21,208 22,520
Accrued liabilities 39,486 45,297
Contingent liabilities, current portion 220 9,836
Other current liabilities 5,860 5,722
Total current liabilities 66,774 83,375
Long-term debt 214,763 211,471
Long-term operating lease liabilities 3,136 4,634
Contingent liabilities, non-current portion 15,564 12,257
Warrant liability 15,179 28,739
Other long-term liabilities 2,093 2,092
Total liabilities 317,509 342,568
Commitments and contingencies (Note 6)
Stockholders’ equity    
Preferred stock, $0.001 par value, 10,000,000 shares authorized at March 31, 2024 and December 31, 2023; zero shares issued and outstanding at March 31, 2024 and December 31, 2023
Common stock, $0.001 par value, 290,000,000 shares authorized at March 31,2024 and December 31, 2023; 37,369,746 and 37,044,390 shares issued at March 31, 2024 and December 31, 2023, respectively; 36,686,830 and 36,361,474 shares outstanding at March 31, 2024 and December 31, 2023, respectively 36 36
Additional paid-in capital 1,004,348 992,762
Accumulated other comprehensive income (loss) (1,024) (243)
Accumulated deficit (724,819) (699,410)
Total stockholders’ equity 278,541 293,145
Total liabilities and stockholders’ equity $ 596,050 $ 635,713