Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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