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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 41,213 $ 72,362
Restricted cash 15,947 16,193
Short-term investments 71,212 25,297
Accounts receivable, net 0 2,189
Prepaid expenses and other current assets 5,459 4,537
Total current assets 133,831 120,578
Operating lease right-of-use assets 3,968 4,490
Property and equipment, net 29,167 41,328
Intangibles, net 44,883 48,253
Restricted cash, long-term 1,054 1,112
Other long-term assets 705 1,537
TOTAL ASSETS 213,608 217,298
Current liabilities:    
Accounts payable 3,529 1,503
Accrued expenses 6,842 6,553
Contingent consideration 12,750 12,750
Long-term debt 2,733 3,258
Operating lease obligations 1,608 1,679
Financing lease obligations 78 641
Deferred revenue 1,116 3,174
Total current liabilities 28,656 29,558
Long-term debt, net of current portion 1,257 4,660
Operating lease obligations, net of current portion 4,429 5,643
Deferred revenue, long-term 0 966
Other long-term liabilities 133 295
TOTAL LIABILITIES 34,475 41,122
Commitments (See Note 10)
STOCKHOLDERS' EQUITY    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding as of December 31, 2024 and 2023 0 0
Common stock, $0.0001 par value; 500,000,000 shares authorized; 115,362,265 and 93,087,675 shares issued and outstanding as of December 31, 2024 and 2023, respectively 12 9
Additional paid-in capital 688,726 582,699
Accumulated deficit (509,601) (406,495)
Accumulated other comprehensive loss (4) (37)
TOTAL STOCKHOLDERS' EQUITY 179,133 176,176
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 213,608 $ 217,298