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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 144,067 $ 221,755
Prepaid expenses 10,539 14,800
Inventory 33,330 22,919
Due from factor 1,302 560
Receivables and other current assets 14,278 21,651
Total current assets 203,516 281,685
Property, plant and equipment, net 78,756 65,936
Goodwill 5,646 5,646
Intangible assets, net 10,012 10,438
Operating lease right-of-use assets 189,206 201,113
Restricted cash and other non-current assets 58,057 54,343
Total assets 545,193 619,161
Current liabilities:    
Accounts payable 30,591 18,498
Due to factor 5,220 2,520
Accrued expenses and other current liabilities 65,889 73,188
Operating lease liability, current portion 25,052 21,202
Financing lease liability, current portion 101,335 84,705
Term loan debt 69,843 0
Total current liabilities 297,930 200,113
Operating lease liability, net of current portion 174,535 186,687
Financing lease liability, net of current portion 19,655 37,732
Other non-current liabilities 92 92
Total liabilities 492,212 424,624
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Preferred stock, $0.01 par value, 5,000 shares authorized; 0 shares issued and outstanding at June 30, 2024 and December 31, 2023 0 0
Common stock, $0.01 par value, 250,000 shares authorized; 193,856 and 192,772 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 1,916 1,905
Additional paid-in capital 4,464,712 4,454,756
Accumulated other comprehensive loss (2,122) (1,796)
Accumulated deficit (4,411,525) (4,260,328)
Total stockholders’ equity 52,981 194,537
Total liabilities and stockholders’ equity $ 545,193 $ 619,161