Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 167,687 $ 187,014
Marketable securities 2,459  
Accounts receivable, net 51,135 62,725
Inventories, net 30,744 34,093
Income tax receivable 1,821 1,626
Prepaid expenses and other current assets 15,377 19,187
Total current assets 269,223 304,645
Property and equipment, net 49,195 43,269
Goodwill 32,889 32,852
Operating lease right-of-use asset 20,267 21,653
Other assets 2,777 2,622
Total assets 374,351 405,041
Current liabilities    
Accounts payable and accrued expenses 27,612 33,974
Accrued payroll 10,835 11,190
Warranty reserve - current 8,602 7,790
Operating lease liability - current 3,622 3,515
Deferred revenue - current 8,696 8,880
Total current liabilities 59,367 65,349
Long-term liabilities    
Warranty reserve - noncurrent 12,596 12,123
Operating lease liability - noncurrent 18,257 19,764
Deferred revenue - noncurrent 9,352 10,399
Total liabilities 99,572 107,635
Commitments and contingencies (Note 9)
Stockholders' equity    
Common stock, $0.001 par value per share; 200,000,000 authorized; 23,194,034 and 22,941,643 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively 23 23
Additional paid-in capital 319,357 312,126
Accumulated deficit (44,675) (14,500)
Accumulated other comprehensive income (loss) 74 (243)
Total stockholders' equity 274,779 297,406
Total liabilities and stockholders' equity $ 374,351 $ 405,041