Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.23.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 90,674 $ 124,242
Short-term investments 60,756 43,690
Accounts receivable, net of allowance for expected credit losses ($768 and $971, respectively) 26,115 29,294
Inventory 29,272 26,409
Prepaid expenses 2,336 2,847
Other current assets 3,362 3,334
Total current assets 212,515 229,816
Property and equipment, net 19,122 18,298
Intangible assets, net 17,426 17,626
Goodwill 31,190 31,116
Right-of-use assets 44,591 45,955
Other assets 3,043 3,130
Total assets 327,887 345,941
Current liabilities    
Accounts payable 10,515 14,425
Accrued expenses 11,459 9,663
Deferred revenue 9,174 8,854
Lease liabilities 7,979 8,022
Total current liabilities 39,127 40,964
Long-term deferred revenue 5,834 5,358
Contingent earnout liability 1,607 2,415
Long-term lease liabilities 39,391 40,608
Other liabilities 3,867 4,042
Total liabilities 89,826 93,387
Commitments and contingencies (Note 15)
Stockholders' equity    
Common stock, $0.0001 par value; 1,000,000,000 shares authorized at March 31, 2023 and December 31, 2022; 195,643,620 and 194,560,946 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 19 19
Additional paid-in capital 356,982 352,564
Accumulated deficit (120,116) (101,097)
Accumulated other comprehensive income 1,176 1,068
Total stockholders' equity 238,061 252,554
Total liabilities and stockholders' equity $ 327,887 $ 345,941