v3.25.1
CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 45,728 $ 56,746
Short-term investments 31,371 20,575
Accounts receivable, net 41,547 41,615
Inventories 4,659 6,002
Prepaid and other current assets 23,258 10,165
Total current assets 146,563 135,103
Property and equipment, net 76 92
Intangible assets, net 26,512 27,100
Operating lease right-of-use asset 1,305 246
Other assets 1,516 1,435
Total assets 175,972 163,976
Current liabilities:    
Accounts payable 3,954 3,339
Accrued compensation 6,024 10,139
Accrued research and development 4,648 4,073
Revenue reserves and refund liability 27,935 26,440
Loans payable, net, current portion 14,815 7,272
Other accrued liabilities 7,442 10,396
Deferred revenue 1,355 1,355
Lease liabilities, current portion 456 285
Total current liabilities 66,629 63,299
Acquisition-related liabilities 5,000 5,000
Long-term portion of lease liabilities 864  
Long-term portion of loans payable, net 44,931 52,408
Other long-term liabilities 39,981 39,981
Total liabilities 157,405 160,688
Commitments
Stockholders' equity:    
Common stock 18 18
Additional paid-in capital 1,397,170 1,393,325
Accumulated other comprehensive (loss) income (2) 10
Accumulated deficit (1,378,619) (1,390,065)
Total stockholders' equity 18,567 3,288
Total liabilities and stockholders' equity $ 175,972 $ 163,976

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