XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 93,781 $ 100,076
Accounts receivable 37 1,740
Other current assets 2,907 4,516
Total current assets 96,725 106,332
Network under construction 908 494
Property and equipment, net 20,943 21,757
Operating lease right-of-use assets 12,464
Intangible assets 4,058 4,095
Other assets 1,040 4,145
Total assets 136,138 136,823
Current liabilities:    
Accounts payable 1,138 448
Accrued expenses and other current liabilities 4,382 4,600
Operating lease current liabilities 3,121
Deferred revenue 469 1,632
Total current liabilities 9,110 6,680
Warrants 22,488 28,875
Operating lease noncurrent liabilities 6,626
Other long-term liabilities 976 1,311
Total liabilities 39,200 36,866
Stockholders’ equity:    
Common stock, authorized 500,000,000 shares; 96,553,946 and 96,546,611 shares issued and 96,553,773 and 96,546,611 shares outstanding at March 31, 2022 and December 31, 2021, respectively 11 11
Additional paid-in capital 755,149 747,928
Accumulated other comprehensive loss (134) (121)
Accumulated deficit (658,087) (647,861)
Common stock in treasury, at cost; 173 and zero shares at March 31, 2022 and December 31, 2021, respectively (1)
Total stockholders’ equity 96,938 99,957
Total liabilities and stockholders’ equity $ 136,138 $ 136,823