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BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 68,255 $ 76,054
Receivables 1,111
Prepaid expenses and other current assets 1,517 1,666
Total current assets 69,772 78,831
Property and equipment, net 10,311 10,941
Right of use asset 4,240 4,420
Deposits 42 42
Other non-current assets 626 631
Total assets 84,991 94,865
Current liabilities:    
Accounts payable 605 1,368
Current portion of long-term debt 13,993 7,868
Accrued expenses 5,891 6,076
Lease liability - current portion 745 729
Total current liabilities 21,234 16,041
Long-term debt 10,323 16,250
Lease liability - non-current portion 4,312 4,518
Total liabilities 35,869 36,809
Commitments and contingencies (Note 8)
Stockholders' equity:    
Common stock $0.001 par value; 350,000,000 shares authorized, 215,950,561 shares issued and outstanding at March 31, 2022 and 350,000,000 shares authorized, 216,127,443 shares issued and outstanding at December 31, 2021 216 216
Additional paid-in capital 901,546 900,693
Accumulated deficit (852,640) (842,852)
Total stockholders' equity 49,122 58,057
Total liabilities and stockholders' equity $ 84,991 $ 94,865