Post-effective amendment to a registration statement that is not immediately effective upon filing

CONSOLIDATED BALANCE SHEETS

v3.22.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 62,937 $ 18,196
Restricted cash 185 422
Accounts receivable, net of allowance of $309 and $374 at December 31, 2021 and 2020, respectively 57,980 70,621
Inventory 17,217 12,019
Prepaid expenses and other current assets 18,833 8,602
Total current assets 157,152 109,860
Property, plant and equipment, net 7,741 4,833
Goodwill 13,641 13,641
Intangible assets, net 6,438 7,629
Right-of-use assets, net 6,585 7,882
Other non-current assets 3,942 3,837
Total assets 195,499 147,682
Current liabilities:    
Accounts payable 29,709 36,849
Deferred revenue 2,902 7,521
Other accrued expenses 26,967 22,538
Senior term loan, current portion 3,187
Subordinated debt 10,577 10,065
Current portion of long-term debt 275 298
Total current liabilities 73,617 77,271
Long-term debt 2,087
Subordinated term loan - related party 37,991 34,756
Senior term loan 37,876 36,834
Convertible debt 41,343
Other long-term liabilities 20,924 17,147
Total liabilities 211,751 168,095
Stockholders’ deficit:    
Common stock, $0.0001 par value; 250,000,000 shares authorized; 72,335,952 and 59,710,047 shares issued and outstanding at December 31, 2021 and 2020, respectively 7 6
Additional paid-in capital 749,592 674,906
Accumulated deficit (765,851) (695,325)
Total stockholders’ deficit (16,252) (20,413)
Total liabilities and stockholders’ deficit $ 195,499 $ 147,682