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Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 26,881 $ 77,605
Prepaid expenses and other assets 7,256 2,866
Total current assets 34,137 80,471
Property and equipment, net 5,391 6,764
Right of use assets – operating leases 2,322 2,173
Deferred financing costs 208 146
Total assets 42,058 89,554
Current liabilities:    
Accounts payable 1,728 3,933
Accrued expenses 4,542 7,662
Deferred revenue 682 1,413
Operating lease liabilities 1,386 1,391
Finance lease liabilities 1,074 544
Other current liabilities 1,146 965
Total current liabilities 10,558 15,908
Deferred revenue 41,250 45,000
Operating lease liabilities 761 860
Finance lease liabilities 96 328
Other long-term liabilities 519 926
Total liabilities 53,184 63,022
Commitments and contingencies (Note 6)
Stockholders’ (deficit) 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, 41,750,109 and 40,609,915 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively 41 40
Additional paid-in capital 276,777 271,594
Accumulated deficit (287,944) (245,102)
Total stockholders’ (deficit) equity (11,126) 26,532
Total liabilities and stockholders’ (deficit) equity $ 42,058 $ 89,554