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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 58,907 $ 7,143
Accounts receivable 703 203
Marketable equity securities 887 675
Prepaid expenses and other current assets 2,327 1,205
Total current assets 62,824 9,226
NONCURRENT ASSETS    
Right-of-use assets, machinery and equipment, net, and construction in progress 7,266 6,524
Equity method investment in Razor 13,417
Goodwill [1] 9,194 9,187
Intangible assets, net 47,986 15,009
Deposits and other noncurrent assets 2,035 2,056
TOTAL ASSETS 129,305 55,419
CURRENT LIABILITIES    
Accounts payable 1,092 432
Accrued expenses and other current liabilities 5,264 5,752
Loans payable, current 2,590 2,390
Right-of-use and financing lease liabilities, current 740 422
Total current liabilities 9,686 8,996
NONCURRENT LIABILITIES    
Loans payable, net of deferred financing costs, noncurrent 951 1,508
Right-of-use and financing lease liabilities, noncurrent 3,860 4,312
Contingent consideration liabilities 8,180 7,120
TOTAL LIABILITIES 22,677 21,936
Commitments and contingencies (Note 14)
SHAREHOLDERS' EQUITY    
Preferred stock, no par value, 5,000 shares authorized; no shares issued and outstanding
Common stock, no par value, 150,000 shares authorized; 88,914 and 69,117 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively 234,224 157,160
Accumulated deficit (127,596) (123,677)
Total shareholders' equity 106,628 33,483
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 129,305 $ 55,419
[1] Goodwill represents the excess of the purchase price over the fair value of the net tangible and identifiable intangible assets acquired in the Merger (see Note 5).