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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 131,581 $ 121,718
Marketable securities 10,102 0
Research and development incentive receivable 393 1,152
Prepaid expenses and other current assets 5,796 5,807
Total current assets 147,872 128,677
Property and equipment, net 772 1,104
Goodwill 17,351 17,351
Right-of-use assets 6,054 7,229
Other assets 1,244 1,225
Total assets 173,293 155,586
Current liabilities:    
Accounts payable 8,132 7,777
Accrued expenses 16,184 12,034
Current portion of lease liability 1,116 1,198
Current portion of long-term debt 0 1,315
Total current liabilities 25,432 22,324
Long-term debt, net of discount and current portion 54,322 32,304
Lease liabilities 2,848 3,603
Warrant liability (Note 4) 22,014 23,131
Other liabilities 1,083 173
Total liabilities 105,699 81,535
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Common stock, $0.001 par value, 500,000,000 shares authorized as of September 30, 2023 and December 31, 2022, respectively; 164,705,712 and 121,667,250 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively 165 122
Additional paid-in capital 526,323 450,786
Accumulated other comprehensive loss (119) (119)
Accumulated deficit (458,775) (376,738)
Total stockholders’ equity 67,594 74,051
Total liabilities and stockholders’ equity $ 173,293 $ 155,586