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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets    
Cash $ 58,514 $ 39,462
Prepaid expenses and other current assets 3,168 3,509
Total current assets 61,682 42,971
Property and equipment, net 16,554 17,290
Restricted cash 307 0
Other assets 3,899 4,286
Total assets 82,442 64,547
Current liabilities    
Accounts payable 4,243 3,172
Accrued expenses and other current liabilities 15,500 13,343
Operating lease obligations 519 574
Current portion of long term debt 1,326 0
Total current liabilities 21,588 17,089
Non-current liabilities    
Operating lease obligations, less current portion 3,313 3,567
Long term debt, net 27,345 2,800
Other non-current liabilities 564 527
Total non-current liabilities 31,222 6,894
Total liabilities 52,810 23,983
Commitments and contingencies (Note 14)
Stockholders' equity    
Series B Convertible Preferred Stock; zero shares issued and outstanding at December 31, 2024 and 54,745 issued and outstanding at December 31, 2023 0 1
Common stock; $0.01 par value; 390,000,000 shares authorized; 291,489,058 and 256,688,304 shares issued, and 291,367,558 and 256,566,804 shares outstanding at December 31, 2024 and 2023, respectively 2,915 2,567
Treasury stock, at cost, 121,500 shares at December 31, 2024 and 2023 (48) (48)
Additional paid-in capital 366,938 324,191
Accumulated other comprehensive income 48 20
Accumulated deficit (340,221) (286,167)
Total stockholders' equity 29,632 40,564
Total liabilities and stockholders' equity $ 82,442 $ 64,547