Quarterly report pursuant to Section 13 or 15(d)

CONDENSED BALANCE SHEETS

v3.23.3
CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 45,414 $ 24,459
Short-term investments 16,937 33,747
Accounts receivable, net 23,546 40,320
Inventories 6,112 9,118
Prepaid and other current assets 3,015 8,259
Total current assets 95,024 115,903
Property and equipment, net 190 857
Intangible asset, net 14,146 14,949
Operating lease right-of-use asset 1,008 1,930
Other assets 4,956 640
Total assets 115,324 134,279
Current liabilities:    
Accounts payable 7,999 22,508
Accrued compensation 8,093 8,866
Accrued research and development 5,754 7,708
Revenue reserves and refund liability 14,543 12,145
Other accrued liabilities 5,030 6,485
Lease liabilities, current portion 673 1,133
Deferred revenue 1,355 1,369
Other long-term liabilities, current portion 4,826 4,997
Total current liabilities 48,273 65,211
Long-term portion of lease liabilities 466 972
Loans payable, net of discount 59,659 39,448
Other long-term liabilities 38,760 42,264
Total liabilities 147,158 147,895
Commitments
Stockholders' deficit:    
Preferred stock
Common stock 175 174
Additional paid-in capital 1,376,293 1,368,822
Accumulated other comprehensive loss (15) (153)
Accumulated deficit (1,408,287) (1,382,459)
Total stockholders' deficit (31,834) (13,616)
Total liabilities and stockholders' deficit $ 115,324 $ 134,279