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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 57,905 $ 45,814
Short-term investments 27,637 27,689
Prepaid expenses and other current assets 2,669 2,503
License agreement receivable 25,000 0
License agreement contract asset 19,249 0
Accounts receivable, net 2,345 2,101
Inventory, net 10,290 899
Restricted cash 435 55
Total current assets 145,530 79,061
Investments 6,336 0
Other assets 64 5,511
Deferred offering costs 73 73
Restricted cash 163 163
Intangible assets, net 206 408
Operating lease right-of-use asset (See Note 8) 2,484 2,594
Total assets 154,856 87,810
Current liabilities:    
Accounts payable 3,416 5,937
Accrued expenses 7,190 5,628
Deferred revenue, current portion 3,229 0
Other liabilities, current portion (See Note 7) 0 5,771
Operating lease liability, current portion (See Note 8) 310 282
Warrant liabilities 2,013 0
Total current liabilities 16,158 17,618
Warrant liabilities 30,090 18,644
Deferred revenue 1,140 0
Convertible debt and derivative liability (See Note 7) 11,630 11,001
Loan payable 0 34,393
Operating lease liability (See Note 8) 2,760 2,921
Total liabilities 61,778 84,577
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.001 par value, authorized 5,000,000 shares as of June 30, 2023 and December 31, 2022; 0 shares issued and outstanding as of June 30, 2023 and December 31, 2022 0 0
Common stock, $0.001 par value, 150,000,000 shares authorized as of June 30, 2023 and December 31, 2022; 37,175,665 and 32,682,342 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively 40 36
Additional paid-in capital 426,942 425,485
Accumulated deficit (333,904) (422,288)
Total stockholders' equity 93,078 3,233
Total liabilities and stockholders’ equity $ 154,856 $ 87,810