v3.21.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 238,850 $ 211,962
Marketable securities 11,106 19,257
Accounts receivable, net 36,946 29,717
Inventories, net 27,225 24,815
Income tax receivable 1,982 2,048
Prepaid expenses and other current assets 11,457 17,898
Total current assets 327,566 305,697
Property and equipment    
Rental equipment, net 52,507 46,953
Manufacturing equipment and tooling 10,903 10,361
Computer equipment and software 7,911 7,356
Furniture and equipment 3,016 2,293
Leasehold improvements 5,004 4,592
Land and building 125 125
Construction in process 3,512 2,344
Total property and equipment 82,978 74,024
Less accumulated depreciation (48,948) (45,794)
Property and equipment, net 34,030 28,230
Goodwill 33,085 33,165
Intangible assets, net 64,424 68,797
Operating lease right-of-use asset 26,637 8,827
Deferred tax asset - noncurrent 9,171 14,467
Other assets 3,261 2,669
Total assets 498,174 461,852
Current liabilities    
Accounts payable and accrued expenses 31,543 33,712
Accrued payroll 12,108 7,091
Warranty reserve - current 6,210 5,740
Operating lease liability - current 3,562 1,931
Deferred revenue - current 8,013 6,994
Income tax payable 404 1,242
Total current liabilities 61,840 56,710
Long-term liabilities    
Warranty reserve - noncurrent 9,128 8,654
Operating lease liability - noncurrent 24,911 8,078
Earnout liability - noncurrent 19,165 26,940
Deferred revenue - noncurrent 12,189 11,822
Deferred tax liability - noncurrent 25 25
Total liabilities 127,258 112,229
Commitments and contingencies (Note 9)
Stockholders' equity    
Common stock, $0.001 par value per share; 200,000,000 authorized; 22,578,696 and 22,131,447 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively 23 22
Additional paid-in capital 289,615 273,521
Retained earnings 79,975 75,605
Accumulated other comprehensive income 1,303 475
Total stockholders' equity 370,916 349,623
Total liabilities and stockholders' equity $ 498,174 $ 461,852

Source