Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

v3.22.2
Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents  $ 36,964 $ 82,647
Investment securities, available-for-sale 55,926 32,720
Inventory 1,833 1,780
Other current assets 1,027 2,283
Total current assets 95,750 119,430
Property and equipment, net 3,419 3,026
Operating lease right-of-use asset 5,482 5,577
Restricted cash 1,418 1,092
Intangible assets, net 95 115
Other assets 1,028 985
Total assets 107,192 130,225
Current liabilities    
Accounts payable 1,415 3,584
Accrued liabilities 1,416 1,170
Contract liabilities 4,601 5,265
Other current liabilities  1,181
Current portion of long-term debt 9 392
Current portion of operating lease liability 590 849
Current portion of finance lease obligations 24 21
Total current liabilities 8,055 12,462
Operating lease liability, net of current portion 5,029 4,983
Finance lease obligations, net of current portion 8 26
Total liabilities 13,092 17,471
Shareholders' equity    
Preferred stock, par value $0.001; 25,000 shares authorized; no and     no shares issued and outstanding
Common stock, par value $0.001; 210,000 shares authorized;     165,438 and 164,363 shares issued and outstanding at June 30,     2022 and December 31, 2021, respectively 165 164
Additional paid-in capital 750,311 742,042
Accumulated other comprehensive loss (178) (19)
Accumulated deficit (656,198) (629,433)
Total shareholders' equity 94,100 112,754
Total liabilities and shareholders' equity $ 107,192 $ 130,225