Annual report pursuant to Section 13 and 15(d)

BALANCE SHEETS

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BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 24,459 $ 18,890
Short-term investments 33,747 106,077
Accounts receivable, net 40,320 15,472
Inventories 9,118 6,616
Prepaid and other current assets 8,259 7,412
Total current assets 115,903 154,467
Property and equipment, net 857 2,184
Intangible asset, net 14,949  
Operating lease right-of-use asset 1,930 9,703
Other assets 640 974
Total assets 134,279 167,328
Current liabilities:    
Accounts payable 22,508 3,795
Accrued compensation 8,866 10,690
Accrued research and development 7,708 10,384
Revenue reserves and refund liability 12,145 7,915
Other accrued liabilities 6,485 4,776
Lease liabilities, current portion 1,133 9,892
Deferred revenue 1,369 2,596
Other long-term liabilities, current portion 4,997 13,506
Total current liabilities 65,211 63,554
Long-term portion of lease liabilities 972 759
Loans payable, net of discount 39,448 19,914
Other long-term liabilities 42,264 52,727
Total liabilities 147,895 136,954
Commitments
Stockholders' equity (deficit):    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; none issued and outstanding as of December 31, 2022 and 2021
Common stock, $0.001 par value; 400,000,000 shares authorized; 173,398,645 and 171,602,226 shares issued and outstanding as of December 31, 2022 and 2021, respectively 174 172
Additional paid-in capital 1,368,822 1,354,190
Accumulated other comprehensive loss (153) (102)
Accumulated deficit (1,382,459) (1,323,886)
Total stockholders' (deficit) equity (13,616) 30,374
Total liabilities and stockholders' (deficit) equity $ 134,279 $ 167,328