v3.25.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 23,385 $ 27,884
Short-term investments, at amortized cost 114,885 126,598
Accounts receivable, net 5,525 4,682
Inventory 8,274 8,914
Prepaid expenses and other current assets 3,679 3,606
Total current assets 155,748 171,684
Investments, non-current, at amortized cost 36,423 35,781
Property and equipment, net 19,921 19,707
Right-of-use asset - operating leases 11,541 10,766
Goodwill 3,919  
Intangible assets, net 498  
Other assets 1,911 1,532
Total assets 229,961 239,470
Current liabilities:    
Accounts payable 2,279 1,358
Accrued expenses and other 5,033 8,302
Operating lease liability, current 1,276 864
Deferred revenue, current portion 4,145 5,251
Total current liabilities 12,733 15,775
Operating lease liability, net of current portion 17,546 17,170
Other liabilities 270 274
Total liabilities 30,549 33,219
Commitments and contingencies (Note 7)
Stockholders' equity    
Preferred stock, $0.01 par value; 5,000,000 shares authorized and no shares issued and outstanding at March 31, 2025 and December 31, 2024
Common stock, $0.01 par value; 400,000,000 shares authorized, 106,313,718 and 105,711,093 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively 1,063 1,057
Additional paid-in capital 425,463 422,047
Accumulated deficit (227,114) (216,853)
Total stockholders' equity 199,412 206,251
Total liabilities and stockholders' equity $ 229,961 $ 239,470