XML 24 R3.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 69,767 $ 124,184
Short-term investments 101,079 79,932
Accounts receivable, net 16,801 4,739
Inventory 21,772 7,152
Prepaid expenses and other current assets 25,477 3,482
Total current assets 234,896 219,489
Property and equipment, net 45,126 36,612
Goodwill 2,428  
Other intangible asset 1,153  
Long-term investments 1,961 56,619
Other assets 9,718 8,441
Total assets 295,282 321,161
Current liabilities:    
Accounts payable 11,052 6,956
Accrued expenses and other current liabilities 35,553 27,419
Financing liability — current 9,565 6,977
Deferred revenue — current 1,733 827
Recognized loss on purchase commitments — current 9,393 6,170
Total current liabilities 67,296 48,349
Promissory notes 8,829 18,425
Accrued interest — promissory notes 55 404
Financing liability — long term 94,512 93,525
Midcap credit facility 39,264 38,833
Senior convertible notes 225,397 223,944
Recognized loss on purchase commitments — long term 62,916 76,659
Operating lease liability 5,343 1,040
Deferred revenue — long term 37,684 19,543
Milestone liabilities 4,524 4,838
Deposits from customer   4,950
Total liabilities 545,820 530,510
Commitments and contingencies (Note 16)
Stockholders' deficit:    
Undesignated preferred stock, $0.01 par value — 10,000,000 shares authorized; no shares issued or outstanding at December 31, 2022 and 2021
Common stock, $0.01 par value — 400,000,000 shares authorized, 263,793,305 and 251,477,562 shares issued and outstanding at December 31, 2022 and 2021, respectively 2,638 2,515
Additional paid-in capital 2,964,293 2,918,205
Accumulated deficit (3,217,469) (3,130,069)
Total stockholders' deficit (250,538) (209,349)
Total liabilities and stockholders' deficit $ 295,282 $ 321,161