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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 240,551 $ 122,927
Accounts receivable, net 6,348 2,629
Inventory 77  
Contract asset, net   557
Prepaid expenses and other current assets 5,402 5,565
Total current assets 252,378 131,678
Property and equipment, net 4,236 2,499
Other assets 2,904 2,663
Total assets 259,518 136,840
Current liabilities:    
Accounts payable 4,461 3,126
Refund liability   21,233
Current portion of revenue interest financing payable 1,020  
Accrued expenses 19,536 16,207
Total current liabilities 25,017 40,566
Notes payable, net of deferred financing costs 71,018 40,809
Revenue interest financing payable, net of deferred financing costs 29,857  
Contract liabilities, net 16,285  
Other long-term liabilities 1,341 1,979
Total liabilities 143,518 83,354
Stockholders' equity:    
Series A convertible preferred stock, $0.001 par value; 25,000,000 shares authorized, 4,300 shares issued and outstanding at December 31, 2022 and 4,575 shares issued and outstanding at December 31, 2021 4,043 4,302
Common stock, $0.001 par value; 150,000,000 shares authorized, 49,650,074 issued and 49,642,767 outstanding at December 31, 2022 and 36,797,561 issued and 36,790,254 outstanding at December 31, 2021 50 37
Additional paid-in capital 542,428 459,852
Treasury stock at cost, 7,307 shares at December 31, 2022 and December 31, 2021
Accumulated deficit (430,521) (410,705)
Total stockholders' equity 116,000 53,486
Total liabilities and stockholders' equity $ 259,518 $ 136,840