Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 64,858 $ 20,099
Accounts receivable, net 2,004 1,881
Inventory, net 3,266 3,238
Prepaid expenses and other current assets 254 244
Total current assets 70,382 25,462
Property and equipment, net 292 319
Operating lease rights of use 2,613 2,736
Software license inventory 589 589
Licensing rights 331 353
Other assets 56 59
Total assets 74,263 29,518
Current liabilities:    
Accounts payable 727 300
Accrued compensation 990 1,595
Other accrued liabilities 473 349
Operating lease liabilities, current portion 430 394
Deferred product and service revenue 501 562
Total current liabilities 3,121 3,200
Operating lease liabilities, net of current portion 2,327 2,446
Deferred product and service revenue, net of current portion 318 215
2020 senior secured convertible notes payable, net 24,515 21,280
Total liabilities 30,281 27,141
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.01 par value; 25,000,000 shares authorized; none issued and outstanding at March 31, 2021 and December 31, 2020
Common stock, $0.01 par value; 200,000,000 shares authorized; 20,678,280 shares issued and outstanding at March 31, 2021; and 17,047,584 issued and outstanding at December 31, 2020 207 170
Additional paid-in capital 165,835 121,729
Accumulated deficit (122,060) (119,522)
Total stockholders' equity 43,982 2,377
Total liabilities and stockholders' equity $ 74,263 $ 29,518