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
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 83,523 $ 139,526
Marketable securities 24,781  
Prepaid expenses and other current assets 3,898 5,454
Total current assets 112,202 144,980
Property and equipment, net 6,964 7,298
Other long-term assets 1,550 1,592
Restricted cash 2,119 2,119
Right-of-use asset – operating lease 11,893 12,185
Total assets 134,728 168,174
Current liabilities:    
Accounts payable 11,346 11,544
Accrued expenses 11,881 16,146
Operating lease obligation, current portion 2,409 2,324
Debt, current portion 11,667 6,667
Total current liabilities 37,303 36,681
Operating lease obligation, net of current portion 17,887 18,528
Warrant liabilities 34,773 61,747
Debt, net of debt discount, net of current portion 29,708 34,556
Commitments and contingencies (See Note 9)
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized at March 31, 2024 and December 31, 2023; 0 shares issued and outstanding at March 31, 2024 and December 31, 2023
Common stock, $0.001 par value; 70,000,000 shares authorized at March 31, 2024 and December 31, 2023; 26,728,337 and 26,448,678 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 26 26
Additional paid-in capital 741,546 739,443
Accumulated deficit (726,515) (722,807)
Total stockholders' equity 15,057 16,662
Total liabilities and stockholders' equity $ 134,728 $ 168,174