v3.22.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 49,658 $ 54,109
Accounts receivable, net 2,243 2,337
Inventory, net 5,732 4,938
Prepaid expenses and other current assets 380 508
Total current assets 58,013 61,892
Property and equipment, net 709 539
Operating lease rights of use 2,116 2,241
Software license inventory 484 519
Licensing rights 352 265
Other assets 94 125
Total assets 61,768 65,581
Current liabilities:    
Accounts payable 965 427
Accrued compensation 1,344 2,604
Other accrued liabilities 602 537
Operating lease liabilities, current portion 521 507
Deferred product and service revenue, current portion 541 678
Total current liabilities 3,973 4,753
Operating lease liabilities, net of current portion 1,806 1,939
Deferred product and service revenue, net of current portion 408 264
2020 senior secured convertible notes payable, net 9,851 9,838
Total liabilities 16,038 16,794
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value; 25,000,000 shares authorized; none issued and outstanding at March 31, 2022 and December 31, 2021 0 0
Common stock, $0.01 par value; 200,000,000 shares authorized; 23,708,118 shares issued and outstanding at March 31, 2022; and 23,665,991 issued and outstanding at December 31, 2021 237 237
Additional paid-in capital 183,384 182,482
Accumulated deficit (137,891) (133,932)
Total stockholders’ equity 45,730 48,787
Total liabilities and stockholders’ equity $ 61,768 $ 65,581

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