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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 407.6 $ 69.4
Restricted cash 7.2 2.9
Short-term investments 0.0 461.8
Prepaid expenses 6.6 9.8
Other current assets 1.2 1.6
Total current assets 422.6 545.5
Property and equipment, net 42.3 11.5
Intangible assets, net 0.4 0.4
Right-of-use assets 10.1 11.9
Other long-term assets 6.1 4.5
Total assets 481.5 573.8
Current liabilities    
Accounts payable 14.6 3.6
Current portion of lease liabilities 3.0 3.7
Notes payable 4.6 9.3
Accrued expenses and other current liabilities 135.5 36.7
Total current liabilities 157.7 53.3
Lease liabilities, net of current portion 13.9 9.2
Warrant liabilities 22.6 7.0
Other long-term liabilities 11.0 11.0
Total liabilities 205.2 80.5
Commitments and contingencies (Note 7)
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 0.0
Additional paid-in capital 1,264.4 1,185.0
Accumulated deficit (988.1) (690.9)
Accumulated other comprehensive loss 0.0 (0.8)
Total stockholders’ equity 276.3 493.3
Total liabilities and stockholders’ equity 481.5 573.8
Common Class A    
Stockholders’ equity    
Common stock 0.0 0.0
Common Class B    
Stockholders’ equity    
Common stock $ 0.0 $ 0.0