Balance Sheet

v3.24.2.u1

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 2,462	$ 24,494
Short-term investments	699	6,621
Accounts receivable, net	8,338	9,583
Inventories	59,521	60,816
Contract assets	8,861	7,510
Prepaid expenses and other current assets	2,289	4,000
Total current assets	82,170	113,024
Property and equipment, net	14,186	16,326
Equipment on lease, net	3,958	6,667
Other assets	16,338	17,782
Total assets	116,652	153,799
Current liabilities:
Accounts payable	14,008	15,854
Accrued expenses and other current liabilities	5,864	6,491
Debt – current portion	24,592	21,191
Contract liabilities	4,090	5,135
Total current liabilities	48,554	48,671
Long-term debt – less current portion	0	11,941
Contingent earnout liabilities	69	1,456
Warrant liabilities	4,933	11,835
Other noncurrent liabilities	10,977	11,556
Total liabilities	64,533	85,459
Commitments and contingencies (Note 13)
Stockholders’ equity:
Common stock, $0.00001 par value - 500,000,000 shares authorized at June 30, 2024 and December 31, 2023, 8,611,219 and 7,502,478 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively	2	2
Additional paid-in capital	437,642	425,471
Accumulated other comprehensive loss	(2)	(96)
Accumulated deficit	(385,523)	(357,037)
Total stockholders’ equity	52,119	68,340
Total liabilities and stockholders’ equity	$ 116,652	$ 153,799

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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