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Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 168,619	$ 104,811
Short-term investments	174,792	240,149
Accounts receivable, net of allowance for credit losses of $1,111 and $442 at June 30, 2024 and December 31, 2023, respectively	57,221	57,243
Inventory, net	105,428	79,940
Prepaid expenses and other current assets	6,003	9,279
Total current assets	512,063	491,422
Restricted cash	18,629	12,714
Property and equipment, net	18,382	10,760
Intangible assets, net	76,333	81,375
Other assets	23,183	24,235
Goodwill	98,747	99,417
Total assets	747,337	719,923
Current liabilities
Accounts payable	19,316	18,452
Accrued liabilities	11,042	10,527
Accrued compensation and benefits	24,793	15,060
Operating lease liabilities, current portion	2,022	1,777
Total current liabilities	57,173	45,816
Operating lease liabilities, net of current portion	30,431	25,840
Deferred tax liabilities, net	16,417	10,703
Total liabilities	104,021	82,359
Commitments and contingencies (Note 3)
Stockholders’ equity
Preferred stock, par value $0.0001 per share; 10,000,000 shares authorized, no shares issued and outstanding at June 30, 2024 and December 31, 2023	0	0
Common stock, par value $0.0001, 75,000,000 shares authorized at June 30, 2024 and December 31, 2023; 51,014,562 and 50,770,520 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively	5	5
Additional paid-in capital	1,052,429	1,033,778
Accumulated deficit	(392,565)	(380,352)
Accumulated other comprehensive loss	(16,553)	(15,867)
Total stockholders’ equity	643,316	637,564
Total liabilities and stockholders’ equity	$ 747,337	$ 719,923

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Axonics, Inc. 10-Q