Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)

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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 38,062 $ 11,298
Accounts receivable, net 5,268 10,082
Inventory 15,225 19,531
Prepaid expenses and other current assets 6,342 6,430
Total current assets 64,897 47,341
Property and equipment, net 1,291 1,442
Other assets 5,264 6,676
Total assets 71,452 55,459
Liabilities and stockholders’ equity    
Current portion of long-term debt 147 9,821
Accounts payable 11,344 7,234
Accrued expenses 16,895 10,265
Deferred revenue 346 291
Total current liabilities 28,732 27,611
Income tax payable 2,140 1,961
Long-term debt, less current portion 325 362
Total liabilities 31,197 29,934
Commitments and contingencies (Note 10)
Stockholders' equity    
Common stock, $0.001 par value per share; 100,000,000 shares authorized: and 65,927,316 and 20,437,235 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively. 66 20
Preferred stock, $0.001 par value per share, 5,000,000 shares authorized
Additional paid-in capital 223,495 191,751
Accumulated deficit (183,306) (166,246)
Total stockholders’ equity 40,255 25,525
Total liabilities and stockholders’ equity $ 71,452 $ 55,459