v3.24.2.u1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 18,595 $ 65,116
Restricted cash, current 517 519
Short-term investments 54,604 0
Financial assets:    
Accounts receivable 4,860 10,036
Contract assets 3,213 815
Unbilled receivables 4,380 9,142
Total financial assets 12,453 19,993
Less: allowances (65) (65)
Total financial assets, net 12,388 19,928
Inventories 2,232 2,685
Prepaid expenses and other current assets 3,062 5,218
Total current assets 91,398 93,466
Restricted cash 1,062 1,062
Investment in non-marketable equity securities 9,700 9,700
Right-of-use assets - Operating leases, net 11,576 13,137
Property and equipment, net 13,966 15,487
Goodwill 2,463 2,463
Other non-current assets 1,841 1,246
Total assets 132,006 136,561
Current liabilities:    
Accounts payable 3,685 5,947
Accrued compensation 7,658 11,246
Other accrued liabilities 5,417 4,735
Current portion of lease obligations - Operating leases 3,979 3,781
Deferred revenue 9,800 10,121
Total current liabilities 30,539 35,830
Deferred revenue, net of current portion 200 640
Long-term lease obligations - Operating leases 10,191 12,243
Long-term debt 28,365 0
Other long-term liabilities 1,264 1,233
Total liabilities 70,559 49,946
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; 200,000 shares authorized; 70,914 shares and 69,905 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 7 7
Additional paid-in capital 593,253 584,138
Accumulated other comprehensive loss (23) 0
Accumulated deficit (531,790) (497,530)
Total stockholders' equity 61,447 86,615
Total liabilities and stockholders' equity $ 132,006 $ 136,561

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