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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 42,184 $ 120,572
Short-term investments   29,716
Accounts receivable, net 3,840 3,799
Inventory 6,717 2,413
Prepaid expenses and other current assets 4,660 8,746
Total current assets 57,401 165,246
Property and equipment, net 4,882 3,843
Other assets 1,341 1,819
Total assets 63,624 170,908
Current liabilities:    
Accounts payable 3,707 4,003
Current portion of notes payable 13,475 11,551
Current portion of revenue interest financing payable 3,163 2,211
Accrued expenses 14,159 22,859
Total current liabilities 34,504 40,624
Notes payable, net of deferred financing costs 41,713 61,423
Revenue interest financing payable, net of deferred financing costs 36,039 33,766
Contract liabilities, net 18,108 17,545
Other long-term liabilities   785
Total liabilities 130,364 154,143
Stockholders' (deficit) equity:    
Common stock, $0.001 par value; 150,000,000 shares authorized, 55,192,929 issued and 55,185,622 outstanding at September 30, 2024 and 54,585,428 issued and 54,578,121 outstanding at December 31, 2023 55 55
Additional paid-in capital 603,853 588,656
Treasury stock at cost, 7,307 shares at September 30, 2024 and December 31, 2023
Accumulated other comprehensive loss   (20)
Accumulated deficit (670,648) (571,926)
Total stockholders' (deficit) equity (66,740) 16,765
Total liabilities and stockholders' (deficit) equity $ 63,624 $ 170,908