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
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 18,655 $ 14,511
Trade accounts receivable, net 8,179 10,757
Inventory 8,719 8,949
Prepaid expenses and other current assets 1,447 1,272
Total current assets 37,000 35,489
Property and equipment, net 2,647 2,698
Leased right-of-use assets 2,686 2,777
Goodwill 10,845 10,845
Intangible assets, net 13,472 14,229
Other assets 345 352
Total assets 66,995 66,390
Current liabilities:    
Accounts payable 7,043 5,474
Accrued compensation 1,468 2,013
Accrued liabilities and other 3,776 2,833
Short-term lease liabilities 844 841
Deferred purchase price liabilities 8,726 8,726
Total current liabilities 21,857 19,887
Deferred tax liability 117 109
Long-term lease liability 2,198 2,221
Total liabilities 24,172 22,217
Commitments and contingencies (Note 16)
Stockholders’ equity:    
Common stock and additional paid-in capital, par value $0.0001, 200,000 shares authorized 10,730 shares issued and 10,189 shares outstanding at March 31, 2022; and 10,638 shares issued and 10,097 shares outstanding at December 31, 2021 108,142 106,971
Treasury stock, at cost: 541 shares at March 31, 2022 and December 31, 2021. (5,364) (5,364)
Accumulated deficit (59,955) (57,434)
Total stockholders’ equity 42,823 44,173
Total liabilities and stockholders’ equity $ 66,995 $ 66,390