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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 89,994 $ 39,330
Short term investments 77,583 40,785
Accounts receivable 1,432 3,301
Other current assets 3,244 2,629
Total current assets 172,253 86,045
Property and equipment, net of accumulated depreciation of $15,688 and $13,716 at September 30, 2025 and December 31, 2024, respectively 12,777 17,974
Operating lease right-of-use assets 15,573 17,368
Goodwill 19,099 16,966
Intangible assets 42,384 9,589
Other assets 984 13,798
Total assets 263,070 161,740
Current liabilities:    
Accounts payable 837 858
Accrued expenses and other current liabilities 10,907 8,536
Operating lease current liabilities 2,767 2,462
Deferred revenue 422 288
Total current liabilities 14,933 12,144
Warrants 25,460 28,707
Operating lease noncurrent liabilities 12,918 14,352
Other long-term liabilities 1,753 1,795
Long term debt, net 230,124 54,621
Total liabilities 285,188 111,619
Stockholders’ equity:    
Common stock, authorized 500,000,000 shares; 134,859,981 and 131,268,940 shares issued and 134,727,753 and 131,136,712 shares outstanding at September 30, 2025 and December 31, 2024, respectively 15 14
Additional paid-in capital 958,216 912,241
Accumulated other comprehensive income 3,741 665
Accumulated deficit (983,397) (862,106)
Common stock in treasury, at cost; 132,228 shares at both September 30, 2025 and December 31, 2024 (693) (693)
Total stockholders’ equity (deficit) (22,118) 50,121
Total liabilities and stockholders’ equity $ 263,070 $ 161,740