XML 42 R3.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 75,502 $ 107,858
Restricted cash 0 490
Marketable securities 82,761 215,464
Accounts receivable and unbilled receivable, net 16,128 0
Other receivables 3,449 4,346
Inventory 912 0
Prepaid expenses and other current assets 8,360 3,341
Total current assets 187,112 331,499
Property, plant, and equipment, net 243,118 154,183
Operating lease right-of-use asset 4,468 2,779
Intangible assets, net 121 160
Deferred tax assets 1,261 0
Other long-term assets 25,754 5,079
Total assets 461,834 493,700
Current liabilities    
Accounts payable 1,858 10,384
Accrued expenses 7,689 8,414
Operating lease liabilities, current 367 619
Notes payable, short-term 1,730 0
Other liabilities, current 918 51
Derivative liability 300 344
Total current liabilities 12,862 19,812
Earnout liability 1,783 42,533
Canadian Government Research and Development Program liability 7,348 7,185
Common stock warrants liability 1,341 30,872
Notes payable, long-term 3,459 5,847
Operating lease liabilities 4,207 2,249
Other liabilities, long-term 8,327 8,297
Total liabilities 39,327 116,795
Commitments and contingencies (See Note 18)
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized; no shares issued and outstanding as of December 31, 2023 and 2022 0 0
Common stock, $0.0001 par value, 1,000,000,000 shares authorized; 145,706,531 and 143,034,225, issued and outstanding as of December 31, 2023 and 2022, respectively (including 4,500,000 Sponsor Vesting Shares) 15 14
Additional paid-in capital 382,854 371,072
Retained earnings 45,570 21,772
Accumulated other comprehensive loss (5,932) (15,953)
Total stockholders’ equity 422,507 376,905
Total liabilities and stockholders’ equity $ 461,834 $ 493,700