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, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 71,975 $ 120,229
Prepaid expenses and other 11,751 10,548
Total current assets 83,726 130,777
Property and equipment, net 93,991 93,814
Right of use assets, net 986 715
Other non-current assets 385 384
Total assets 179,088 225,690
Current liabilities:    
Accounts payable 8,016 8,068
Accrued expenses and other current liabilities 4,619 9,680
Lease liability, current 438 432
Total current liabilities 13,073 18,180
Lease liability, net of current 588 328
Total liabilities 13,661 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 March 31, 2023 and December 31, 2022; issued and outstanding - None Series A Convertible Preferred stock, 0 shares designated as of both March 31, 2023 and December 31, 2022; issued and outstanding - None
Common stock, $0.001 par value; 1,000,000,000 shares authorized; 63,687,705 and 76,478,656 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively and 93,741 shares to be issued as of December 31, 2022 64 76
Additional paid in capital 682,566 677,311
Accumulated deficit (516,992) (470,038)
Accumulated other comprehensive loss (211) (167)
Total stockholders’ equity 165,427 207,182
Total liabilities and stockholders’ equity $ 179,088 $ 225,690