Quarterly report pursuant to Section 13 or 15(d)

CONDENSED BALANCE SHEETS

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CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 36,053 $ 32,786
Short-term investments 13,049 24,147
Accounts receivable, net 28,904 30,550
Inventories 8,059 5,522
Prepaid and other current assets 8,658 6,261
Total current assets 94,723 99,266
Property and equipment, net 115 165
Intangible asset, net 28,275 13,878
Operating lease right-of-use asset 560 861
Other assets 4,735 3,055
Total assets 128,408 117,225
Current liabilities:    
Accounts payable 6,130 7,142
Accrued compensation 6,373 8,676
Accrued research and development 4,672 3,513
Acquisition-related liabilities 15,000  
Revenue reserves and refund liability 18,547 15,684
Loans payable, net, current portion   7,229
Other accrued liabilities 5,933 5,334
Lease liabilities, current portion 639 692
Deferred revenue 1,355 1,355
Other long-term liabilities, current portion   3,642
Total current liabilities 58,649 53,267
Long-term portion of lease liabilities   285
Long-term portion of loans payable, net 59,692 52,373
Other long-term liabilities 39,981 39,944
Total liabilities 158,322 145,869
Commitments
Stockholders' deficit:    
Common stock 17 17
Additional paid-in capital 1,386,905 1,378,881
Accumulated other comprehensive (loss) income (9) 8
Accumulated deficit (1,416,827) (1,407,550)
Total stockholders' deficit (29,914) (28,644)
Total liabilities and stockholders' deficit $ 128,408 $ 117,225