v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 75,320 $ 35,724
Restricted cash 10,610 6,000
Investments 24,009 60,786
Accounts receivable, net of allowance for doubtful accounts of $419 and $1,092, respectively 14,049 16,944
Inventory 12,836 13,861
Prepaid expenses and other 3,405 1,706
Total current assets 140,229 135,021
Property and equipment, net 24,858 14,887
Operating lease right-of-use assets 3,138 3,133
Finance lease right-of-use assets 76 87
Intangible assets 1,660 1,515
Total assets 169,961 154,643
Current liabilities:    
Accounts payable and accrued expenses 12,451 19,130
Current maturities of long term obligations 1,553 1,736
Contract liabilities, current 14 14
Total current liabilities 14,018 20,880
Long-term Debt, net of financing fees 31,960  
Debt derivative liability 2,387  
Common stock derivative option liability 176  
Other long-term liabilities 1,660 1,610
Total liabilities 50,201 22,490
Commitments and Contingencies - see Note 13
Shareholders' equity:    
Common stock, $0.01 par value per share; 100,000,000 shares authorized; 40,020,780 and 39,589,755 shares issued and outstanding 400 396
Additional paid-in capital 315,518 311,618
Accumulated deficit (196,158) (179,861)
Total shareholders' equity 119,760 132,153
Total liabilities and shareholders' equity $ 169,961 $ 154,643

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