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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets    
Cash $ 37,800 $ 58,514
Prepaid expenses and other current assets 6,164 3,168
Total current assets 43,964 61,682
Property and equipment, net 15,989 16,554
Restricted cash 309 307
Other assets 4,198 3,899
Total assets 64,460 82,442
Current liabilities    
Accounts payable 3,224 4,243
Accrued expenses and other current liabilities 12,926 15,500
Operating lease obligations 736 519
Current portion of long-term debt 0 1,326
Total current liabilities 16,886 21,588
Non-current liabilities    
Operating lease obligations, less current portion 3,418 3,313
Long term debt, net 27,669 27,345
Other non-current liabilities 573 564
Total non-current liabilities 31,660 31,222
Total liabilities 48,546 52,810
Commitments and contingencies (Note 13)
Stockholders' equity    
Preferred stock; $0.01 par value; 10,000,000 shares authorized, zero shares issued and outstanding at March 31, 2025 and December 31, 2024
Common stock; $0.01 par value; 390,000,000 shares authorized, 292,149,975 and 291,489,058 shares issued, and 292,028,475 and 291,367,558 shares outstanding at March 31, 2025 and December 31, 2024, respectively 2,922 2,915
Treasury stock, at cost, 121,500 shares at March 31, 2025 and December 31, 2024 (48) (48)
Additional paid-in capital 368,571 366,938
Accumulated other comprehensive income 40 48
Accumulated deficit (355,571) (340,221)
Total stockholders' equity 15,914 29,632
Total liabilities and stockholders' equity $ 64,460 $ 82,442