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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 64,676 $ 120,572
Short-term investments   29,716
Accounts receivable, net 3,435 3,799
Inventory 4,873 2,413
Prepaid expenses and other current assets 8,898 8,746
Total current assets 81,882 165,246
Property and equipment, net 3,720 3,843
Other assets 1,481 1,819
Total assets 87,083 170,908
Current liabilities:    
Accounts payable 6,237 4,003
Current portion of notes payable 11,550 11,551
Current portion of revenue interest financing payable 2,849 2,211
Accrued expenses 15,231 22,859
Total current liabilities 35,867 40,624
Notes payable, net of deferred financing costs 45,075 61,423
Revenue interest financing payable, net of deferred financing costs 35,431 33,766
Contract liabilities, net 17,844 17,545
Other long-term liabilities 211 785
Total liabilities 134,428 154,143
Stockholders' (deficit) equity:    
Common stock, $0.001 par value; 150,000,000 shares authorized, 54,971,226 issued and 54,963,919 outstanding at June 30, 2024 and 54,585,428 issued and 54,578,121 outstanding at December 31, 2023 55 55
Additional paid-in capital 599,023 588,656
Treasury stock at cost, 7,307 shares at June 30, 2024 and December 31, 2023
Accumulated other comprehensive loss   (20)
Accumulated deficit (646,423) (571,926)
Total stockholders' (deficit) equity (47,345) 16,765
Total liabilities and stockholders' (deficit) equity $ 87,083 $ 170,908