XML 45 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Current assets:      
Cash and cash equivalents $ 22,910,000 $ 54,311,000 $ 28,128,000
Accounts receivable, net of allowance 1,009,000 1,134,000 3,078,000
Notes receivable 5,463,000 5,416,000
Inventory 5,049,000 3,850,000 3,232,000
Prepaid expenses 7,001,000 6,576,000 1,888,000
Other current assets 1,226,000 873,000 480,000
Total current assets 42,658,000 72,160,000 36,806,000
Property and equipment, net 90,447,000 90,077,000 66,387,000
Goodwill 123,304,000 123,304,000 127,068,000
Intangible assets, net 124,839,000 125,379,000 271,469,000
Restricted cash 15,202,000 15,202,000 15,379,000
Inventory, net of current portion 1,961,000 1,998,000 4,009,000
Other long-term assets 6,703,000 2,888,000 377,000
TOTAL ASSETS 405,114,000 431,008,000 521,495,000
Current liabilities:      
Accounts payable 5,497,000 5,390,000 3,691,000
Accrued expenses and other current liabilities 11,128,000 13,451,000 14,389,000
Current portion of financing obligation 3,012,000 3,008,000
Deferred revenue 5,063,000 4,828,000 2,555,000
Total current liabilities 24,700,000 26,677,000 20,635,000
Deferred revenue, net of current portion 6,789,000 7,621,000 1,278,000
Acquisition-related contingent consideration 294,023,000 273,367,000 328,933,000
Financing obligations 27,922,000 27,634,000 28,062,000
Warrant liabilities 113,145,000 76,640,000
Deferred income tax liabilities 7,000 7,000 4,725,000
Other liabilities 345,000 349,000
Total liabilities 466,931,000 412,295,000 383,633,000
Commitments and contingencies
Redeemable convertible preferred stock      
Series A preferred stock, Value 184,247,000 184,247,000 184,247,000
Series B preferred stock, Value 290,866,000 290,866,000 206,035,000
Series X preferred stock, Value 75,000,000 75,000,000 75,000,000
Stockholders’ deficit      
Common Stock, value 1,000 1,000 1,000
Treasury stock, at cost (256,000) (256,000)
Additional paid-in capital 33,427,000 32,418,000 27,909,000
Accumulated deficit (645,102,000) (563,563,000) (355,330,000)
Total Stockholders’ (Deficit) Equity (611,930,000) (531,400,000) (327,420,000)
TOTAL LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY 405,114,000 431,008,000 521,495,000
Gx Acquisition Corp [Member]      
Current assets:      
Cash 28,654 314,696 917,007
Prepaid income taxes 10,381 10,381
Prepaid expenses 60,466 34,212 92,150
Total current assets 99,501 359,289 1,009,157
Deferred tax asset 43,098 1,653
Marketable securities held in Trust Account 291,784,977 291,797,144 290,594,540
TOTAL ASSETS 291,927,576 292,156,433 291,605,350
Current Liabilities      
Promissory notes – related party 120,000  
Current liabilities:      
Accounts payable and accrued expenses 5,040,155 3,409,872 210,211
Income taxes payable 18,883
Total current liabilities 5,160,155 3,409,872 229,094
Deferred tax liability 602
Warrant liability 23,792,500 63,800,000 17,170,000
Deferred underwriting fee payable 10,812,500 10,812,500 10,812,500
Total liabilities 39,765,155 78,022,974 28,211,594
Commitments and contingencies
Common stock subject to possible redemption 291,745,358 209,133,457 258,393,755
Stockholders’ deficit      
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
Class A common stock, Value 815 317
Class B common stock, Value 719 719 719
Additional paid-in capital 48,381,093 1,119,201
Accumulated deficit (39,583,656) (43,382,625) 3,879,764
Total Stockholders’ (Deficit) Equity (39,582,937) 5,000,002 5,000,001
TOTAL LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY $ 291,927,576 $ 292,156,433 $ 291,605,350