v3.24.2.u1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 74,702 $ 104,217
Short-term investments 198,991 218,506
Accounts receivable, net of allowance for doubtful accounts of $1,067 and $1,048 at June 30, 2024 and December 31, 2023, respectively 74,273 79,377
Inventories 126,096 118,676
Prepaid expenses and other current assets 12,125 10,145
Total current assets 486,187 530,921
Property and equipment, net 24,559 24,568
Operating lease assets 22,401 8,944
Goodwill 38,209 38,164
Intangible assets, net 25,881 27,354
Other assets 5,492 5,156
Restricted cash 606 606
Total assets 603,335 635,713
Current liabilities    
Accounts payable 22,938 22,520
Accrued liabilities 38,922 45,297
Short-term debt 37,841
Contingent liabilities, current portion 1,864 9,836
Other current liabilities 369 5,722
Total current liabilities 101,934 83,375
Long-term debt 180,558 211,471
Long-term operating lease liabilities 23,890 4,634
Contingent liabilities, non-current portion 14,856 12,257
Warrant liability 5,676 28,739
Other long-term liabilities 2,168 2,092
Total liabilities 329,082 342,568
Commitments and contingencies (Note 6)
Stockholders’ equity    
Preferred stock, $0.001 par value, 10,000,000 shares authorized at June 30, 2024 and December 31, 2023; zero shares issued and outstanding at June 30, 2024 and December 31, 2023
Common stock, $0.001 par value, 290,000,000 shares authorized at June 30, 2024 and December 31, 2023; 37,879,790 and 37,044,390 shares issued at June 30, 2024 and December 31, 2023, respectively; 37,204,214 and 36,361,474 shares outstanding at June 30, 2024 and December 31, 2023, respectively 37 36
Additional paid-in capital 1,019,741 992,762
Accumulated other comprehensive income (loss) (1,131) (243)
Accumulated deficit (744,394) (699,410)
Total stockholders’ equity 274,253 293,145
Total liabilities and stockholders’ equity $ 603,335 $ 635,713