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Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 40,362 $ 77,605
Prepaid expenses and other assets 10,359 2,866
Total current assets 50,721 80,471
Property and equipment, net 6,531 6,764
Right of use assets – operating leases 1,945 2,173
Deferred financing costs 142 146
Total assets 59,339 89,554
Current liabilities:    
Accounts payable 2,033 3,933
Accrued expenses 9,241 7,662
Deferred revenue 659 1,413
Operating lease liabilities 1,179 1,391
Finance lease liabilities 1,283 544
Other current liabilities 1,222 965
Total current liabilities 15,617 15,908
Deferred revenue 41,250 45,000
Operating lease liabilities 795 860
Finance lease liabilities 502 328
Other long-term liabilities 815 926
Total liabilities 58,979 63,022
Commitments and contingencies (Note 6)
Stockholders’ equity:    
Preferred stock $0.001 par value, 5,000,000 shares authorized, none issued or outstanding 0 0
Common stock $0.001 par value, 350,000,000 shares authorized, 41,544,975 and 40,609,915 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 41 40
Additional paid-in capital 275,561 271,594
Accumulated deficit (275,242) (245,102)
Total stockholders’ equity 360 26,532
Total liabilities and stockholders’ equity $ 59,339 $ 89,554