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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating activities    
Net loss $ (256,909) $ (60,431)
Adjustments to reconcile net loss to net cash used by operating activities:    
Royalty liability interest expense - related parties 25,953 10,753
Goodwill impairment 181,432 0
Depreciation and amortization 5,211 2,875
Stock-based compensation 8,030 11,670
Change in fair value of liability classified Class A common stock warrants (8,908) 1,221
Other (16) 17
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable (660) 1,674
Due to/from related parties 0 (95)
Prepaid expenses and other current assets 412 1,111
Accounts payable 838 (61)
Accrued expenses 1,304 1,357
Accrued compensation (628) 738
Deferred revenue (133) 340
Right-of-use assets and lease obligations, net 302 (28)
Other assets and liabilities, net (276) (334)
Net cash used by operating activities (44,048) (29,193)
Investing activities    
Cash acquired from merger with Cibus Global, LLC 0 59,381
Purchases of property, plant, and equipment (752) (3,872)
Net cash (used by) provided by investing activities (752) 55,509
Financing activities    
Proceeds from issuances of securities 43,902 0
Costs incurred related to issuances of securities (1,869) 0
Proceeds from draws on revolving line of credit from Cibus Global, LLC 0 2,500
Payment of taxes related to vested restricted stock units (214) (742)
Proceeds from issuance of notes payable 0 1,287
Repayments of financing lease obligations (174) (242)
Repayments of notes payable (741) (760)
Net cash provided by financing activities 40,904 2,043
Effect of exchange rate changes on cash and cash equivalents 2 (2)
Net (decrease) increase in cash and cash equivalents (3,894) 28,357
Cash and cash equivalents – beginning of period 32,699 3,526
Cash and cash equivalents – end of period $ 28,805 $ 31,883