Quarterly report pursuant to Section 13 or 15(d)

CONDENSED BALANCE SHEETS

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CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 84,823 $ 30,373
Short-term investments 68,564 26,954
Accounts receivable, net 17,372 15,973
Inventories 6,833 1,638
Prepaid and other current assets 6,606 14,045
Total current assets 184,198 88,983
Property and equipment, net 2,665 2,676
Operating lease right-of-use asset 13,895 17,895
Other assets 840 824
Total assets 201,598 110,378
Current liabilities:    
Accounts payable 1,689 3,707
Accrued compensation 7,764 9,592
Accrued research and development 6,464 4,889
Other accrued liabilities 12,359 11,014
Lease liabilities, current portion 9,221 8,621
Deferred revenue, current portion 5,813 3,018
Other long-term liabilities, current portion 16,234  
Total current liabilities 59,544 40,841
Long-term portion of lease liabilities 5,854 10,651
Loans payable, net of discount 19,860 19,815
Other long-term liabilities 48,230 5,045
Commitments
Stockholders' equity:    
Preferred stock
Common stock 171 169
Additional paid-in capital 1,348,225 1,339,833
Accumulated other comprehensive loss 7 (4)
Accumulated deficit (1,280,293) (1,305,972)
Total stockholders' equity 68,110 34,026
Total liabilities and stockholders' equity $ 201,598 $ 110,378