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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 349,681 $ 392,102
Accounts receivable, net 25,221 32,388
Inventory 3,269 3,040
Prepaid expenses and other current assets 9,523 13,457
Total current assets 387,694 440,987
Property and equipment, net 10,784 9,389
Restricted cash 1,614 1,614
Operating lease assets 5,828 5,945
Total assets 405,920 457,935
Current liabilities:    
Accounts payable 4,626 4,176
Accrued expenses and other current liabilities 31,080 35,117
Deferred revenue 64 128
Operating lease liabilities 2,156 1,933
Total current liabilities 37,926 41,354
Other liabilities:    
Operating lease liabilities, net of current portion 4,866 5,345
Derivative liability 13,852 13,246
Deferred revenue, net of current portion 14,000 14,000
Notes payable, net 69,202 68,505
Other non-current liabilities 144 141
Total liabilities 139,990 142,591
Commitments and contingencies (Note 15)
Stockholders' equity:    
Preferred stock, $0.0001 par value; 5,000,000 shares authorized and no shares issued or outstanding at March 31, 2025 and December 31, 2024, respectively
Common stock, $0.0001 par value; 400,000,000 and 400,000,000 shares authorized and 159,262,024 and 157,749,490 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively 16 16
Additional paid-in capital 1,221,051 1,206,412
Accumulated deficit (955,137) (891,084)
Total stockholders' equity 265,930 315,344
Total liabilities and stockholders' equity $ 405,920 $ 457,935