v3.22.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 94,260 $ 116,797
Restricted cash, current 568 579
Financial assets:    
Accounts receivable 25,197 24,953
Contract assets 9,751 4,557
Unbilled receivables 9,584 8,558
Total financial assets 44,532 38,068
Less: allowances (416) (416)
Total financial assets, net 44,116 37,652
Inventories 1,560 1,160
Prepaid expenses and other current assets 4,365 5,700
Total current assets 144,869 161,888
Restricted cash 1,519 1,519
Investment in non-marketable equity securities ($12,713 and $12,713 with a related party) 19,002 14,002
Right-of-use assets - Operating leases, net 42,912 44,095
Right-of-use assets - Finance leases, net 0 17
Property and equipment, net 23,474 21,345
Goodwill 3,241 3,241
Other non-current assets 257 276
Total assets 235,274 246,383
Current liabilities:    
Accounts payable 1,949 2,995
Accrued compensation 6,843 11,119
Other accrued liabilities 14,172 12,578
Current portion of lease obligations - Operating leases 4,927 4,093
Deferred revenue ($0 and $245 to a related party) 1,604 2,586
Total current liabilities 29,495 33,371
Deferred revenue, net of current portion 3,464 3,749
Long-term lease obligations - Operating leases 42,354 43,561
Other long-term liabilities 1,326 1,311
Total liabilities 76,639 81,992
Commitments and Contingencies (Note 10)
Stockholders' equity:    
Preferred stock, $0.0001 par value per share; 5,000 shares authorized, none issued and outstanding 0 0
Common stock, $0.0001 par value per share; 100,000 shares authorized; 65,304 shares and 65,109 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively 6 6
Additional paid-in capital 554,683 552,083
Accumulated deficit (396,054) (387,698)
Total stockholders' equity 158,635 164,391
Total liabilities and stockholders' equity $ 235,274 $ 246,383

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