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 $ 6,914 $ 120,229
Inventory 13,317
Receivables, net 1,562
Prepaid expenses and other 9,544 10,548
Total current assets 31,337 130,777
Property and equipment, net 94,866 93,814
Intangible assets, net 9,982 120
Goodwill 965
Operating lease right-to-use assets 1,081 715
Other non-current assets 1,051 264
Total assets 139,282 225,690
Current liabilities:    
Accounts payable 7,799 8,068
Accrued expenses and other current liabilities 9,500 9,680
Lease liability, short term 434 432
Total current liabilities 17,733 18,180
Lease liability, long term 716 328
Total liabilities 18,449 18,508
Stockholders’ equity:    
Preferred stock, $0.001 par value; 5,000,000 shares authorized Series B Convertible Preferred stock, 0 shares designated as of both September 30, 2023 and December 31, 2022; issued and outstanding - none Series A Convertible Preferred stock, 0 shares designated as of both September 30, 2023 and December 31, 2022; issued and outstanding - none
Common stock, $0.001 par value; 160,000,000 shares authorized; 17,762,341 and 12,368,620 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively and 14,999 shares to be issued as of December 31, 2022 18 12
Additional paid in capital 694,371 677,375
Accumulated deficit (573,336) (470,038)
Accumulated other comprehensive loss (220) (167)
Total stockholders’ equity 120,833 207,182
Total liabilities and stockholders’ equity $ 139,282 $ 225,690