Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 1,629 $ 1,029
Short-term investment securities 53,532 21,313
Accounts receivable, net 1,179 2,159
Inventory, net 2,703 2,034
Prepaid expenses and other assets 3,131 1,806
Total current assets 62,174 28,341
Property, plant and equipment, net 4,754 2,483
Operating leases right-of-use assets, net 478 247
Intangible assets, net 8,036 8,211
Investments 7,300 6,536
Other assets 3,713 5,876
Total assets 86,455 51,694
Current liabilities:    
Notes payable 1,782 539
Operating lease obligations 74 247
Accounts payable 1,443 1,116
Accrued expenses 3,440 4,830
Accrued severance, current 223 339
Deferred income 0 272
Total current liabilities 6,962 7,343
Long-term liabilities:    
Operating lease obligations 407 0
Severance obligations 72 241
Total liabilities 7,441 7,584
Commitments and contingencies (Note 11)
Shareholders' equity    
Common stock value 2 1
Capital in excess of par value 243,087 189,439
Accumulated other comprehensive (loss) income (27) 74
Accumulated deficit (164,048) (145,404)
Total shareholders' equity 79,014 44,110
Total liabilities and shareholders' equity $ 86,455 $ 51,694