v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 18,712 $ 54,109
Short-term investments 21,749 0
Accounts receivable, net 3,411 2,337
Inventory, net 8,284 4,938
Prepaid expenses and other current assets 1,658 508
Total current assets 53,814 61,892
Property and equipment, net 629 539
Operating lease rights of use 1,866 2,241
Software license inventory 485 519
Licensing rights 850 265
Other assets 94 125
Total assets 57,738 65,581
Current liabilities:    
Accounts payable 1,387 427
Accrued compensation 2,187 2,604
Other accrued liabilities 1,249 537
Operating lease liabilities, current portion 537 507
Deferred product and service revenue, current portion 735 678
Total current liabilities 6,095 4,753
Operating lease liabilities, net of current portion 1,535 1,939
Deferred product and service revenue, net of current portion 351 264
2020 senior secured convertible note payable, net 9,879 9,838
Total liabilities 17,860 16,794
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value; 25,000,000 shares authorized; none issued and outstanding at September 30, 2022 and December 31, 2021 0 0
Common stock, $0.01 par value; 200,000,000 shares authorized; 24,500,832 shares issued and outstanding at September 30, 2022; and 23,665,991 issued and outstanding at December 31, 2021 245 237
Additional paid-in capital 185,615 182,482
Accumulated deficit (145,982) (133,932)
Total stockholders’ equity 39,878 48,787
Total liabilities and stockholders’ equity $ 57,738 $ 65,581

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