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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 88,460 $ 110,890
Restricted cash 110 110
Prepaid materials 1,487 5,247
Prepaid expenses and other current assets 2,162 1,207
Research and development tax rebate receivable 0 743
Total current assets 92,219 118,197
Investment in equity securities 1,710 4,700
Other assets 2,323 635
Total Assets 96,252 123,532
Current liabilities    
Accounts payable 806 2,965
Accrued expenses 973 1,059
Payroll liabilities 1,654 1,525
Other current liabilities 1,803 19
Total current liabilities 5,236 5,568
Total Liabilities 5,236 5,568
Commitments and contingencies (Note 13)
Stockholders' equity    
Convertible preferred stock - $0.001 par value; 10,000,000 shares authorized; 582 shares issued and outstanding as of December 31, 2023 and 2022 0 0
Common stock - $0.18 par value; 175,000,000 shares authorized; 125,304,064 and 126,624,110 shares issued and outstanding as of December 31, 2023 and 2022, respectively 22,792 22,792
Additional paid-in capital 255,987 251,366
Treasury stock, at cost; 1,320,046 and 0 shares of common stock at December 31, 2023 and 2022, respectively (1,475) 0
Accumulated deficit (186,288) (156,194)
Total Stockholders' Equity 91,016 117,964
Total Liabilities and Stockholders' Equity $ 96,252 $ 123,532