v3.20.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 48,767 $ 35,724
Restricted cash 6,842 6,000
Investments 55,199 60,786
Accounts receivable, net of allowance for doubtful accounts of $416 and $1,092, respectively 17,618 16,944
Inventory 12,529 13,861
Prepaid expenses and other 4,296 1,706
Total current assets 145,251 135,021
Property and equipment, net 38,398 14,887
Operating lease right-of-use assets 15,614 3,133
Finance lease right-of-use assets 64 87
Intangible assets 2,054 1,515
Total assets 201,381 154,643
Current liabilities:    
Accounts payable and accrued expenses 21,968 19,144
Current maturities of lease liabilities 863 1,736
Total current liabilities 22,831 20,880
Long-term debt, net of financing fees 32,027 0
Long-term lease obligations 20,874 1,595
Debt derivative liability 2,497 0
Other long-term liabilities 3 15
Total liabilities 78,232 22,490
Commitments and contingencies - see Note 15
Shareholders’ equity:    
Common stock, $0.01 par value per share; 100,000,000 shares authorized; 40,618,766 and 39,589,755 shares issued and outstanding 406 396
Additional paid-in capital 326,390 311,618
Accumulated deficit (203,647) (179,861)
Total shareholders’ equity 123,149 132,153
Total liabilities and shareholders’ equity $ 201,381 $ 154,643

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