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 $ 28,868 $ 31,983
Short-term investments 18,475 48,214
Accounts receivable, net 14,284 9,185
Inventories 78,015 71,202
Contract assets 15,255 6,805
Prepaid expenses and other current assets 2,860 5,533
Total current assets 157,757 172,922
Property and equipment, net 18,376 19,812
Equipment on lease, net 7,668 9,070
Other assets 23,001 23,310
Total assets 206,802 225,114
Current liabilities:    
Accounts payable 17,579 12,207
Accrued expenses and other current liabilities 9,369 15,877
Debt – current portion 2,973 2,775
Contract liabilities 5,772 15,194
Total current liabilities 35,693 46,053
Long-term debt – less current portion 19,400 5,422
Contingent earnout liabilities 25,224 17,414
Warrant liabilities 4,470 2,745
Other noncurrent liabilities 11,420 12,634
Total liabilities 96,207 84,268
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Common stock, $0.00001 par value - 500,000,000 shares authorized at June 30, 2023 and December 31, 2022, 196,737,320 and 187,561,368 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively 2 2
Additional paid-in capital 390,240 361,528
Accumulated other comprehensive loss (401) (837)
Accumulated deficit (279,246) (219,847)
Total stockholders’ equity 110,595 140,846
Total liabilities and stockholders’ equity $ 206,802 $ 225,114