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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 464.6 $ 69.4
Restricted cash 6.9 2.9
Short-term investments: 0.0 461.8
Prepaid expenses 7.9 9.8
Other current assets 0.8 1.6
Total current assets 480.2 545.5
Property and equipment, net 57.6 11.5
Intangible assets, net 0.4 0.4
Right-of-use assets 8.9 11.9
Other long-term assets 7.2 4.5
Total assets 554.3 573.8
Current liabilities    
Accounts payable 14.3 3.6
Current portion of lease liabilities 2.8 3.7
Current portion of notes payable 0.0 9.3
Accrued expenses and other current liabilities 96.9 36.7
Total current liabilities 114.0 53.3
Notes payable, net of current portion 7.2 0.0
Lease liabilities, net of current portion 13.2 9.2
Warrant liabilities 39.9 7.0
Other long-term liabilities 12.9 11.0
Total liabilities 187.2 80.5
Commitments and contingencies (Note 8)
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 0.0
Additional paid-in capital 1,515.9 1,185.0
Accumulated deficit (1,148.8) (690.9)
Accumulated other comprehensive loss 0.0 (0.8)
Total stockholders’ equity 367.1 493.3
Total liabilities and stockholders’ equity 554.3 573.8
Class A    
Stockholders’ equity    
Common stock, value, issued 0.0 0.0
Class B    
Stockholders’ equity    
Common stock, value, issued $ 0.0 $ 0.0