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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 63,588 $ 100,076
Short-Term Investments 8,173
Accounts receivable 1,442 1,740
Other current assets 1,693 4,516
Total current assets 74,896 106,332
Network under construction 2,641 494
Property and equipment, net of accumulated depreciation of $5,144 and $2,714 at September 30, 2022 and December 31, 2021, respectively 19,458 21,757
Operating lease right-of-use assets 10,817
Intangible assets 4,149 4,095
Other assets 1,915 4,145
Total assets 113,876 136,823
Current liabilities:    
Accounts payable 1,516 448
Accrued expenses and other current liabilities 4,694 4,600
Operating lease current liabilities 2,755
Deferred revenue 44 1,632
Total current liabilities 9,009 6,680
Warrants 5,687 28,875
Operating lease noncurrent liabilities 5,606
Other long-term liabilities 1,133 1,311
Total liabilities 21,435 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 September 30, 2022 and December 31, 2021, respectively 11 11
Additional paid-in capital 768,569 747,928
Accumulated other comprehensive loss (145) (121)
Accumulated deficit (675,990) (647,861)
Common stock in treasury, at cost; 173 and zero shares at September 30, 2022 and December 31, 2021, respectively (4)
Total stockholders’ equity 92,441 99,957
Total liabilities and stockholders’ equity $ 113,876 $ 136,823