Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.20.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 149,117 $ 90,498
Restricted cash, current 638 661
Investment in non-marketable debt security 1,000 0
Financial assets:    
Accounts receivable 13,894 9,063
Contract assets 4,526 1,027
Unbilled receivables 10,942 10,099
Total financial assets 29,362 20,189
Less: allowances (74) (34)
Total financial assets, net 29,288 20,155
Inventories 964 371
Prepaid expenses and other current assets 3,416 2,520
Total current assets 184,423 114,205
Restricted cash 1,062 1,062
Investment in non-marketable equity securities 1,450 0
Right-of-use assets - Operating leases, net 21,382 23,837
Right-of-use assets - Finance leases, net 119 268
Property and equipment, net 9,675 6,282
Goodwill 3,241 3,241
Other non-current assets 294 178
Total assets 221,646 149,073
Current liabilities:    
Accounts payable 2,970 2,621
Accrued compensation 7,288 5,003
Other accrued liabilities 10,272 6,540
Current portion of lease obligations - Operating leases 2,627 1,107
Current portion of lease obligations - Finance leases 0 60
Deferred revenue 1,824 57
Total current liabilities 24,981 15,388
Deferred revenue, net of current portion 2,967 1,987
Long-term lease obligations, Operating leases 22,324 24,951
Other long-term liabilities 1,271 1,230
Total liabilities 51,543 43,556
Commitments and contingencies 0 0
Stockholders’ equity:    
Preferred stock, $0.0001 par value per share; 5,000 shares authorized, none issued and outstanding 0 0
Common stock, $0.0001 par value per share; 100,000 shares authorized; 64,283 and 58,877 shares issued and outstanding at December 31, 2020 and December 31, 2019, respectively 6 6
Additional paid-in capital 536,516 447,920
Accumulated deficit (366,419) (342,409)
Total stockholders’ equity 170,103 105,517
Total liabilities and stockholders’ equity $ 221,646 $ 149,073