Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 73,390 $ 116,854
Restricted cash 19,122 0
Accounts receivable, net of allowance for expected credit losses ($438 and $360, respectively) 21,605 24,059
Inventory 22,557 26,773
Prepaid expenses 2,052 2,756
Other current assets 1,940 2,022
Total current assets 140,666 172,464
Property and equipment, net 16,945 17,713
Intangible assets, net 15,596 17,128
Right-of-use assets 34,819 36,884
Other assets 3,768 3,763
Total assets 211,794 247,952
Current liabilities    
Accounts payable 8,749 13,235
Accrued expenses 11,276 9,840
Litigation payable (Note 15) 17,511 0
Deferred revenue 8,997 8,779
Lease liabilities 7,361 7,368
Other current liabilities 0 1,526
Total current liabilities 53,894 40,748
Long-term deferred revenue 5,187 6,083
Contingent earnout liability 245 1,379
Long-term lease liabilities 33,420 35,771
Other liabilities 1,652 2,361
Total liabilities 94,398 86,342
Commitments and contingencies (Note 15)
Stockholders' equity    
Common stock, $0.0001 par value; 1,000,000,000 shares authorized at June 30, 2024 and December 31, 2023; 202,549,293 and 198,581,263 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 19 19
Additional paid-in capital 373,397 366,281
Accumulated deficit (255,008) (204,664)
Accumulated other comprehensive (loss) income (1,012) (26)
Total stockholders' equity 117,396 161,610
Total liabilities and stockholders' equity $ 211,794 $ 247,952