v3.22.2
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 145,478 $ 178,660
Restricted cash 31,500
Prepaid expenses and other 14,769 10,389
Total current assets 191,747 189,049
Property and equipment, net 83,099 50,558
Right-of-use assets, net 940 914
Other non-current assets 379 379
Total assets 276,165 240,900
Current liabilities:    
Accounts payable 9,568 13,282
Accrued expenses and other current liabilities 5,830 7,945
Lease liability, current 511 489
Total current liabilities 15,909 21,716
Lease liability, net of current portion 474 467
Total liabilities 16,383 22,183
Stockholders’ equity:    
Common stock, $0.001 par value; 50,000,000 and 25,000,000 shares authorized as of June 30, 2022 and December 31, 2021, respectively; 31,692,024 and 15,638,274 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 32 16
Additional paid in capital 637,770 578,613
Accumulated deficit (409,377) (359,820)
Accumulated other comprehensive loss (143) (92)
Total stockholders’ equity 228,282 218,717
Total liabilities, redeemable convertible preferred stock and stockholders’ equity 276,165 240,900
Series A Preferred Stock [Member]    
Redeemable Convertible Preferred stock, $0.001 par value; 5,000,000 shares authorized:    
Series A Convertible Redeemable Preferred stk, $0.001 par value; 2,500,000 and 0 shares designated as of June 30, 2022 and December 31, 2021, respectively; 2,500,000 and 0 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively Series B Convertible Redeemable Preferred stk, $0.001 par value; 500,000 and 0 shares designated as of June 30, 2022 and December 31, 2021, respectively; 500,000 and 0 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 26,250
Series B Preferred Stock [Member]    
Redeemable Convertible Preferred stock, $0.001 par value; 5,000,000 shares authorized:    
Series A Convertible Redeemable Preferred stk, $0.001 par value; 2,500,000 and 0 shares designated as of June 30, 2022 and December 31, 2021, respectively; 2,500,000 and 0 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively Series B Convertible Redeemable Preferred stk, $0.001 par value; 500,000 and 0 shares designated as of June 30, 2022 and December 31, 2021, respectively; 500,000 and 0 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively $ 5,250

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