XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 93,406 $ 121,718
Research and development incentive receivable 658 1,152
Prepaid expenses and other current assets 4,158 5,807
Total current assets 98,222 128,677
Property and equipment, net 986 1,104
Goodwill 17,351 17,351
Right-of-use assets 6,844 7,229
Other assets 1,002 1,225
Total assets 124,405 155,586
Current liabilities:    
Accounts payable 5,992 7,777
Accrued expenses 11,762 12,034
Current portion of lease liability 1,175 1,198
Current portion of long-term debt 554 1,315
Total current liabilities 19,483 22,324
Long-term debt, net of discount and current portion 31,827 32,304
Lease liabilities 3,377 3,603
Warrant liability (Note 4) 17,692 23,131
Other liabilities 350 173
Total liabilities 72,729 81,535
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Common stock, $0.001 par value, 500,000,000 shares authorized as of March 31, 2023 and December 31, 2022, respectively; 122,207,488 and 121,667,250 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively 122 122
Additional paid-in capital 452,431 450,786
Accumulated other comprehensive loss (119) (119)
Accumulated deficit (400,758) (376,738)
Total stockholders’ equity 51,676 74,051
Total liabilities and stockholders’ equity $ 124,405 $ 155,586