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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets    
Cash $ 9,458 $ 7,144
Restricted cash 35 30
Accounts receivable 664 0
Inventory, net 27,124 27,486
Deposits 33,919 31,094
Other current assets 5,271 6,127
Total current assets 76,471 71,881
Property, plant and equipment, net 331,465 348,587
Operating lease right-of-use assets, net 1,208 1,761
Other non-current assets 1,440 3,171
Total assets 410,584 425,400
Current liabilities    
Accounts payable 70,697 71,414
Accrued expenses and other current liabilities 61,492 56,754
Other financing liabilities, current portion 803 761
Operating lease liabilities, current portion 1,364 2,128
Total current liabilities 188,778 192,707
Other financing liabilities, long term portion 40,489 38,698
Operating lease liabilities, long term portion 10 14
Other liabilities 1,075 1,287
Total liabilities 270,776 310,433
Stockholders’ equity    
Preferred Stock, 0.0001 par value; 10,000,000 shares authorized; zero and one shares issued and outstanding as of March 31, 2025 and December 31, 2024 respectively 0 0
Additional paid-in capital 4,456,374 4,421,563
Accumulated other comprehensive income 8,050 7,744
Accumulated deficit (4,324,624) (4,314,346)
Total stockholders’ equity 139,808 114,967
Total liabilities and stockholders’ equity 410,584 425,400
Nonrelated Party    
Current liabilities    
Accrued expenses and other current liabilities 50,388 45,677
Warrant liabilities 22,498 28,864
Accrued interest 25 25
Notes payable 4,132 4,224
Notes payable, long-term portion 20,542 45,264
Derivative call options 16,064 29,709
Related Party    
Current liabilities    
Accrued expenses and other current liabilities 11,104 11,077
Warrant liabilities 1,126 0
Accrued interest 22,343 23,227
Notes payable 4,298 5,310
Notes payable, long-term portion 2,825 2,754
Derivative call options 993 0
Class A Common Stock    
Stockholders’ equity    
Common stock 8 6
Class B Common Stock    
Stockholders’ equity    
Common stock $ 0 $ 0