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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 65,523 $ 107,858
Restricted cash 490 490
Marketable securities 152,170 215,464
Accounts receivable 7,280 0
Other receivables 6,815 4,346
Inventory 346 0
Derivative asset 160 0
Prepaid expenses and other current assets 3,268 3,341
Total current assets 236,052 331,499
Property, plant, and equipment, net 220,807 154,183
Operating lease right-of-use asset 2,479 2,779
Intangible assets, net 142 160
Other long-term assets 17,224 5,079
Total assets 476,704 493,700
Current liabilities    
Accounts payable 6,755 10,384
Accrued expenses 4,355 8,414
Operating lease liability, current 611 619
Other liabilities, current 397 51
Derivative liability 9 344
Total current liabilities 12,127 19,812
Earnout liability 22,386 42,533
Canadian Government Research and Development Program liability 7,345 7,185
Assumed common stock warrants liability 26,249 30,872
Notes payable 5,189 5,847
Operating lease liability 1,962 2,249
Other liabilities, long-term 8,943 8,297
Total liabilities 84,201 116,795
Commitments and contingencies (See Note 19)
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized; no shares issued and outstanding as of June 30, 2023 and December 31, 2022 0 0
Common stock, $0.0001 par value, 1,000,000,000 shares authorized; 143,498,724 and 143,034,225, issued and outstanding as of June 30, 2023 and December 31, 2022, respectively (including 4,500,000 Sponsor Vesting Shares) 14 14
Additional paid-in capital 377,059 371,072
Retained earnings 25,077 21,772
Accumulated other comprehensive loss (9,647) (15,953)
Total stockholders’ equity 392,503 376,905
Total liabilities and stockholders’ equity $ 476,704 $ 493,700