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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 304,321 $ 177,980
Trade accounts receivable, net of allowance for doubtful accounts of $94 and $176 1,047 1,420
Inventories 1,702 1,686
Prepaid expenses and other current assets 3,795 3,954
Total current assets 310,865 185,040
Property and equipment, net 3,999 4,133
Operating lease right-of-use assets 7,084 7,261
Intangible assets, net 531 490
Other non-current assets, net 3,121 2,929
Total assets 325,600 199,853
Current liabilities:    
Trade accounts payable 1,021 815
Accrued expenses and other current liabilities 6,556 8,784
Current portion of operating lease liabilities 1,525 1,512
Loans payable, net, current 348 348
Deferred revenue, current 5,549 18,686
Total current liabilities 14,999 30,145
Warrant liabilities 65,932 69,875
Operating lease liabilities, net of current portion 6,213 6,389
Loans payable, net, non-current 30,367 30,128
Deferred revenue, non-current 700 670
Total liabilities 118,211 137,207
Commitments and contingencies (Note 9)
Stockholders' equity:    
Common stock, par value $0.0001 per share; 675,000,000 shares authorized at both March 31, 2025 and December 31, 2024; 291,351,403 shares and 266,595,867 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively. 29 27
Additional paid-in capital 849,733 700,069
Accumulated deficit (632,361) (626,940)
Accumulated other comprehensive loss (10,012) (10,510)
Total stockholders' equity 207,389 62,646
Total liabilities and stockholders’ equity $ 325,600 $ 199,853