XML 9 R2.htm IDEA: XBRL DOCUMENT v3.24.1.u1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 24,151 $ 135,704
Restricted cash 216 70
Short-term investments 88,588  
Other current assets 5,109 5,310
Total current assets 118,064 141,084
Operating lease right-of-use assets 6,167 6,559
Property and equipment, net 3,046 3,259
Other assets 625 625
Total assets 127,902 151,527
Current liabilities:    
Accounts payable 2,842 2,517
Accrued liabilities 12,043 16,842
Operating lease liabilities, current 3,269 3,229
Finance lease liabilities, current 5 10
Deferred revenue from customers, current 721 1,224
Deferred revenue from collaborations, current   84
Total current liabilities 18,880 23,906
Operating lease liabilities, net of current portion 6,994 7,668
Finance lease liabilities, net of current portion 217 231
Warrant liability 41,969 27,596
Long term liability 46 46
Total liabilities 68,106 59,447
Commitments and contingencies (Note 11)
Stockholders’ equity:    
Preferred Stock, $0.0001 par value; 10,000,000 shares authorized as of March 31, 2024 and December 31, 2023, respectively; no shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively.
Common stock, $0.0001 par value; 320,000,000 shares authorized as of March 31, 2024 and December 31, 2023, respectively; 75,668,521 and 42,922,980 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively. 7 7
Additional paid-in capital 580,973 578,325
Accumulated deficit (521,660) (486,797)
Accumulated other comprehensive income 476 545
Total stockholders’ equity 59,796 92,080
Total liabilities and stockholders’ equity $ 127,902 $ 151,527