Balance Sheet Components (Tables)
|
6 Months Ended |
Jun. 30, 2024 |
|---|
| Organization, Consolidation and Presentation of Financial Statements [Abstract] |
|
| Schedule of Accounts Receivable, Net |
Accounts receivable, net consisted of the following:
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|
|
|
|
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|
|
|
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June 30, |
|
|
December 31, |
|
|
|
2024 |
|
|
2023 |
|
|
|
(In thousands) |
|
Trade receivables |
|
$ |
9,061 |
|
|
$ |
10,203 |
|
Less: Allowances for credit losses |
|
|
(723 |
) |
|
|
(620 |
) |
Total |
|
$ |
8,338 |
|
|
$ |
9,583 |
|
|
| Schedule of Inventories |
Inventories consisted of the following:
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|
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June 30, |
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December 31, |
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|
|
2024 |
|
|
2023 |
|
|
|
(In thousands) |
|
Raw materials |
|
$ |
42,453 |
|
|
$ |
48,488 |
|
Work-in-progress |
|
|
13,712 |
|
|
|
9,922 |
|
Finished goods |
|
|
3,356 |
|
|
|
2,406 |
|
Total |
|
$ |
59,521 |
|
|
$ |
60,816 |
|
|
| Schedule of Prepaid Expenses and Other Current Assets |
Prepaid expenses and other current assets consisted of the following:
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|
|
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|
|
|
|
|
|
June 30, |
|
|
December 31, |
|
|
|
2024 |
|
|
2023 |
|
|
|
(In thousands) |
|
Prepaid insurance and other |
|
$ |
2,129 |
|
|
$ |
2,738 |
|
Vendor prepayments |
|
|
160 |
|
|
|
1,262 |
|
Total |
|
$ |
2,289 |
|
|
$ |
4,000 |
|
|
| Schedule of Property and Equipment, Net |
Property and equipment, net consisted of the following:
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|
|
|
|
|
|
|
|
|
|
June 30, |
|
|
December 31, |
|
|
|
2024 |
|
|
2023 |
|
|
|
(In thousands) |
|
Computers and software |
|
$ |
2,525 |
|
|
$ |
2,549 |
|
Lab equipment and other equipment |
|
|
8,018 |
|
|
|
8,075 |
|
Furniture and fixtures |
|
|
206 |
|
|
|
206 |
|
Leasehold improvements |
|
|
14,484 |
|
|
|
14,406 |
|
Total property, plant and equipment |
|
|
25,233 |
|
|
|
25,236 |
|
Less accumulated depreciation and amortization |
|
|
(11,047 |
) |
|
|
(8,910 |
) |
Property, plant and equipment, net |
|
$ |
14,186 |
|
|
$ |
16,326 |
|
|
| Schedule of Other Assets |
Other assets consisted of the following:
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|
|
|
|
|
|
|
|
|
June 30, |
|
|
December 31, |
|
|
|
2024 |
|
|
2023 |
|
|
|
(In thousands) |
|
Right of use assets |
|
$ |
9,792 |
|
|
$ |
10,672 |
|
Non-current contract assets |
|
|
4,862 |
|
|
|
5,117 |
|
Non-current prepaid expenses and other assets |
|
|
1,684 |
|
|
|
1,993 |
|
Total Other assets |
|
$ |
16,338 |
|
|
$ |
17,782 |
|
|
| Schedule Of Accrued And Other Current Liabilities |
Accrued expenses and other current liabilities consisted of the following:
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June 30, |
|
|
December 31, |
|
|
|
2024 |
|
|
2023 |
|
|
|
(In thousands) |
|
Accrued expenses |
|
$ |
2,121 |
|
|
$ |
1,948 |
|
Accrued salaries and benefits |
|
|
1,742 |
|
|
|
2,277 |
|
Lease liability – current portion |
|
|
2,001 |
|
|
|
2,266 |
|
Total Accrued expenses and other current liabilities |
|
$ |
5,864 |
|
|
$ |
6,491 |
|
|
| Schedule of Other Noncurrent Liabilities |
Other noncurrent liabilities consisted of the following:
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|
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June 30, |
|
|
December 31, |
|
|
|
2024 |
|
|
2023 |
|
|
|
(In thousands) |
|
Lease liabilities – noncurrent portion |
|
$ |
9,345 |
|
|
$ |
10,176 |
|
Other noncurrent liabilities |
|
|
1,632 |
|
|
|
1,380 |
|
Total other noncurrent liabilities |
|
$ |
10,977 |
|
|
$ |
11,556 |
|
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