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
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 171,532 $ 92,302
Marketable securities 72,949 38,067
Contract assets 1,771 2,979
Prepaid expenses and other current assets 6,053 3,237
Total current assets 252,305 136,585
Property and equipment, net 12,062 12,844
Marketable securities – noncurrent   13,038
Other long-term assets 3,667 2,941
Restricted cash 3,086 3,086
Right-of-use asset – operating lease 13,464 14,104
Right-of-use assets – financing leases 141 337
Total assets 284,725 182,935
Current liabilities:    
Accounts payable 13,017 3,692
Accrued expenses 21,713 15,624
Deferred revenue 1,625 10,181
Financing lease obligations, current portion 137 291
Operating lease obligation, current portion 1,932 1,720
Total current liabilities 38,424 31,508
Financing lease obligations, net of current portion 3 65
Operating lease obligation, net of current portion 21,385 22,858
Warrant liability 55,228 3,029
Debt, net of debt discount, long term 40,514 40,257
Commitments and contingencies (See Note 9)
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized at September 30, 2022 and December 31, 2021; 0 shares issued and outstanding at September 30, 2022 and December 31, 2021
Common stock, $0.001 par value; 70,000,000 and 20,000,000 shares authorized at September 30, 2022 and December 31, 2021, respectively; 20,225,352 and 6,202,404 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively 20 6
Additional paid-in capital 682,836 548,870
Accumulated other comprehensive loss (226) (79)
Accumulated deficit (553,459) (463,579)
Total stockholders' equity 129,171 85,218
Total liabilities and stockholders' equity $ 284,725 $ 182,935