XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 82,522 $ 100,076
Accounts receivable 971 1,740
Other current assets 2,031 4,516
Total current assets 85,524 106,332
Network under construction 1,629 494
Property and equipment, net of accumulated depreciation of $4,330 and $2,714 at June 30, 2022 and December 31, 2021, respectively 20,265 21,757
Operating lease right-of-use assets 11,457
Intangible assets 4,098 4,095
Other assets 976 4,145
Total assets 123,949 136,823
Current liabilities:    
Accounts payable 437 448
Accrued expenses and other current liabilities 4,254 4,600
Operating lease current liabilities 2,970
Deferred revenue 10 1,632
Total current liabilities 7,671 6,680
Warrants 4,725 28,875
Operating lease noncurrent liabilities 5,897
Other long-term liabilities 1,115 1,311
Total liabilities 19,408 36,866
Stockholders’ equity:    
Common stock, authorized 500,000,000 shares; 101,386,973 and 96,546,611 shares issued and 101,386,800 and 96,546,611 shares outstanding at June 30, 2022 and December 31, 2021, respectively 11 11
Additional paid-in capital 761,934 747,928
Accumulated other comprehensive loss (143) (121)
Accumulated deficit (657,260) (647,861)
Common stock in treasury, at cost; 173 and zero shares at June 30, 2022 and December 31, 2021, respectively (1)
Total stockholders’ equity 104,541 99,957
Total liabilities and stockholders’ equity $ 123,949 $ 136,823