Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 95,795 $ 168,538
Accounts receivable, net of allowance of $1,800 and $3,349 as of September 30, 2022 and December 31, 2021, respectively 10,324 9,172
Inventories 36,772 14,621
Prepaid expenses and other current assets 10,418 7,067
Total current assets 153,309 199,398
Property and equipment, net 10,042 4,891
Operating lease right-of-use asset, net 8,046 8,742
Other assets 1,909 379
Total assets 173,306 213,410
Current liabilities    
Accounts payable 12,082 6,021
Accrued expenses and other current liabilities 10,031 5,045
Warrant liability 335 2,185
Current portion of operating lease obligation 1,544 1,166
Total current liabilities 23,992 14,417
Long-term debt, net of debt discount 70,667 63,768
Operating lease obligation, net of current portion 8,176 9,260
Derivative liability 1,048 17,418
Earnout liability 14,787 83,144
Other long-term liabilities 929 191
Total liabilities 119,599 188,198
Commitments and contingencies (Note 14)
Stockholders’ equity    
Preferred stock, par value $0.0001, 1,000,000 shares authorized and no shares issued and outstanding as of September 30, 2022 and December 31, 2021 0 0
Common stock, par value $0.0001, 250,000,000 shares authorized as of September 30, 2022 and December 31, 2021; 76,003,308 and 75,062,642 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively 8 8
Additional paid-in capital 211,512 206,768
Accumulated deficit (157,813) (181,564)
Total stockholders’ equity 53,707 25,212
Total liabilities and stockholders’ equity $ 173,306 $ 213,410