v3.22.1
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 140,435 $ 178,660
Prepaid expenses and other 12,554 10,389
Total current assets 152,989 189,049
Property and equipment, net 69,588 50,558
Right of use assets, net 760 914
Other non-current assets 379 379
Total assets 223,716 240,900
Current liabilities:    
Accounts payable 9,397 13,282
Accrued expenses and other current liabilities 5,560 7,945
Lease liability, current 397 489
Total current liabilities 15,354 21,716
Lease liability, net of current 405 467
Total liabilities 15,759 22,183
Stockholders’ equity:    
Preferred stock, $0.001 par value; 5,000,000 shares authorized Series B Convertible Preferred stock, $0.001 par value; 0 shares designated as of both March 31, 2022 and December 31, 2021; issued and outstanding - None Series A Convertible Preferred stock, $0.001 par value; 0 shares designated as of both March 31, 2022 and December 31, 2021; issued and outstanding - None
Common stock, $0.001 par value; 1,600,000,000 and 800,000,000 shares authorized as of March 31, 2022 and December 31, 2021, respectively; 552,827,431 and 496,245,564 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively, and 129,041 shares to be issued as of December 31, 2021 553 496
Additional paid in capital 593,759 578,133
Accumulated deficit (386,237) (359,820)
Accumulated other comprehensive loss (118) (92)
Total stockholders’ equity 207,957 218,717
Total liabilities and stockholders’ equity $ 223,716 $ 240,900

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