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
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 115,442 $ 167,467
Marketable securities 28,540 34,837
Unbilled receivable 1,756 1,694
Prepaid expenses and other current assets 6,892 7,394
Total current assets 152,630 211,392
Property and equipment, net 10,299 11,353
Other long-term assets 2,229 5,348
Restricted cash 3,086 3,086
Right-of-use asset – operating lease 12,731 13,231
Right-of-use assets – financing leases 7 76
Total assets 180,982 244,486
Current liabilities:    
Accounts payable 6,693 6,411
Accrued expenses 17,328 17,966
Deferred revenue, current portion 2,185 4,330
Financing lease obligations, current portion 8 65
Operating lease obligation, current portion 2,161 2,006
Total current liabilities 28,375 30,778
Operating lease obligation, net of current portion 19,726 20,851
Warrant liabilities 18,712 24,472
Debt, net of debt discount, long term 40,930 40,649
Commitments and contingencies (See Note 10)
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized at June 30, 2023 and December 31,2022; 0 shares issued and outstanding at June 30,2023 and December 31,2022
Common stock, $0.001 par value; 70,000,000 and 70,000,000 shares authorized at June 30,2023 and December 31,2022, respectively; 20,708,356 and 20,263,116 shares issued and outstanding at June 30, 2023 and December 31,2022, respectively 20 20
Additional paid-in capital 691,450 685,847
Accumulated other comprehensive income 49 102
Accumulated deficit (618,280) (558,233)
Total stockholders' equity 73,239 127,736
Total liabilities and stockholders' equity $ 180,982 $ 244,486