v3.22.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 23,524 $ 54,109
Short-term investments 21,613 0
Accounts receivable, net 3,348 2,337
Inventory, net 6,639 4,938
Prepaid expenses and other current assets 1,517 508
Total current assets 56,641 61,892
Property and equipment, net 689 539
Operating lease rights of use 1,992 2,241
Software license inventory 504 519
Licensing rights 320 265
Other assets 94 125
Total assets 60,240 65,581
Current liabilities:    
Accounts payable 1,592 427
Accrued compensation 1,814 2,604
Other accrued liabilities 870 537
Operating lease liabilities, current portion 532 507
Deferred product and service revenue, current portion 675 678
Total current liabilities 5,483 4,753
Operating lease liabilities, net of current portion 1,671 1,939
Deferred product and service revenue, net of current portion 401 264
2020 senior secured convertible notes payable, net 9,865 9,838
Total liabilities 17,420 16,794
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value; 25,000,000 shares authorized; none issued and outstanding at June 30, 2022 and December 31, 2021 0 0
Common stock, $0.01 par value; 200,000,000 shares authorized; 24,480,600 shares issued and outstanding at June 30, 2022; and 23,665,991 issued and outstanding at December 31, 2021 245 237
Additional paid-in capital 184,769 182,482
Accumulated deficit (142,194) (133,932)
Total stockholders’ equity 42,820 48,787
Total liabilities and stockholders’ equity $ 60,240 $ 65,581

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