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Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 93,653 $ 121,358
Short-term investments   100,297
Inventory, net   13,672
Prepaid expenses 6,340 5,032
Other current assets 774 15,516
Total current assets 100,767 255,875
Property, plant and equipment, net   193,780
Assets held for sale 6,477  
Other non-current assets 728 2,657
Total Assets 107,972 452,312
Current Liabilities    
Accounts payable 1,430 12,801
Accrued salaries, wages and benefits 4,969 5,051
Accrued legal and professional 13,336 38,398
Accrued expenses and other current liabilities 2,845 12,584
Total current liabilities 22,580 68,834
Liabilities subject to compromise 38,985  
Warrant and other non-current liabilities 603 1,446
Total liabilities 62,168 70,280
Mezzanine equity    
Series A Convertible Preferred stock, $0.0001 par value, 12,000,000 shares authorized; 300,000 shares issued and outstanding as of September 30, 2023 and December 31, 2022 32,113 30,261
Stockholders' equity    
Class A common stock, $0.0001 par value, 450,000,000 shares authorized; 15,953,212 and 15,928,299, as adjusted reflecting the May 2023 1:15 reverse stock split, shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively 24 24
Additional paid in capital 1,183,596 1,178,960
Accumulated deficit (1,169,929) (827,213)
Total stockholders' equity 13,691 351,771
Total liabilities and stockholders' equity $ 107,972 $ 452,312