Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v3.22.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 90,113 $ 116,797
Restricted cash, current 546 579
Financial assets:    
Accounts receivable 29,200 24,953
Contract assets 11,287 4,557
Unbilled receivables 8,543 8,558
Total financial assets 49,030 38,068
Less: allowances (109) (416)
Total financial assets, net 48,921 37,652
Inventories 1,718 1,160
Prepaid expenses and other current assets 3,985 5,700
Total current assets 145,283 161,888
Restricted cash 1,520 1,519
Investment in non-marketable equity securities ($12,713 and $12,713 with a related party) 19,302 14,002
Right-of-use assets - Operating leases, net 41,706 44,095
Right-of-use assets - Finance leases, net 0 17
Property and equipment, net 23,694 21,345
Goodwill 3,241 3,241
Other non-current assets 224 276
Total assets 234,970 246,383
Current liabilities:    
Accounts payable 2,015 2,995
Accrued compensation 7,732 11,119
Other accrued liabilities 12,934 12,578
Current portion of lease obligations - Operating leases 5,103 4,093
Deferred revenue ($0 and $245 to a related party) 2,230 2,586
Total current liabilities 30,014 33,371
Deferred revenue, net of current portion 3,151 3,749
Long-term lease obligations - Operating leases 41,006 43,561
Other long-term liabilities 1,340 1,311
Total liabilities 75,511 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; 65,494 shares and 65,109 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively 6 6
Additional paid-in capital 558,147 552,083
Accumulated deficit (398,694) (387,698)
Total stockholders' equity 159,459 164,391
Total liabilities and stockholders' equity $ 234,970 $ 246,383