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, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 112,219 $ 167,467
Marketable securities 34,837
Unbilled receivable 1,665 1,694
Prepaid expenses and other current assets 8,631 7,394
Total current assets 122,515 211,392
Property and equipment, net 7,614 11,353
Other long-term assets 2,113 5,348
Restricted cash 3,086 3,086
Right-of-use asset – operating lease 12,464 13,231
Right-of-use assets – financing leases 3 76
Total assets 147,795 244,486
Current liabilities:    
Accounts payable 2,855 6,411
Accrued expenses 21,489 17,966
Deferred revenue, current portion 139 4,330
Financing lease obligations, current portion 3 65
Operating lease obligation, current portion 2,241 2,006
Debt, current portion 1,667
Total current liabilities 28,394 30,778
Operating lease obligation, net of current portion 19,144 20,851
Warrant liabilities 24,549 24,472
Debt, net of debt discount, long term 39,406 40,649
Commitments and contingencies (See Note 10)
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized at September 30, 2023 and December 31,2022; 0 shares issued and outstanding at September 30, 2023 and December 31,2022
Common stock, $0.001 par value; 70,000,000 and 70,000,000 shares authorized at September 30, 2023 and December 31,2022, respectively; 20,720,447 and 20,263,116 shares issued and outstanding at September 30, 2023 and December 31,2022, respectively 21 20
Additional paid-in capital 694,704 685,847
Accumulated other comprehensive income 102
Accumulated deficit (658,423) (558,233)
Total stockholders' equity 36,302 127,736
Total liabilities and stockholders' equity $ 147,795 $ 244,486