Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.23.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 85,658 $ 124,242
Short-term investments 50,390 43,690
Accounts receivable, net of allowance for expected credit losses ($183 and $1,559, respectively) 27,096 29,294
Inventory 29,606 26,409
Prepaid expenses 981 2,847
Other current assets 3,290 3,334
Total current assets 197,021 229,816
Property and equipment, net 18,366 18,298
Intangible assets, net 16,632 17,626
Goodwill 30,238 31,116
Right-of-use assets 39,270 45,955
Other assets 3,340 3,130
Total assets 304,867 345,941
Current liabilities    
Accounts payable 11,641 14,425
Accrued expenses 7,920 9,663
Deferred revenue 8,757 8,854
Lease liabilities 7,815 8,022
Other current liabilities 53 0
Total current liabilities 36,186 40,964
Long-term deferred revenue 5,764 5,358
Contingent earnout liability 2,422 2,415
Long-term lease liabilities 38,155 40,608
Other liabilities 3,283 4,042
Total liabilities 85,810 93,387
Commitments and contingencies (Note 15)
Stockholders' equity    
Common stock, $0.0001 par value; 1,000,000,000 shares authorized at June 30, 2023 and December 31, 2022; 196,880,964 and 194,560,946 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively 19 19
Additional paid-in capital 358,645 352,564
Accumulated deficit (139,104) (101,097)
Accumulated other comprehensive income (503) 1,068
Total stockholders' equity 219,057 252,554
Total liabilities and stockholders' equity $ 304,867 $ 345,941