XML 16 R4.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 86,184 $ 69,767
Short-term investments 58,163 101,079
Accounts receivable, net 27,789 16,801
Inventory 25,290 21,772
Prepaid expenses and other current assets 32,807 25,477
Total current assets 230,233 234,896
Property and equipment, net 69,510 45,126
Goodwill 1,931 2,428
Other intangible asset 1,113 1,153
Long-term investments 2,282 1,961
Other assets 8,353 9,718
Total assets 313,422 295,282
Current liabilities:    
Accounts payable 17,127 11,052
Accrued expenses and other current liabilities 36,833 35,553
Financing liability — current 9,686 9,565
Midcap credit facility - current 16,667  
Deferred revenue — current 3,489 1,733
Recognized loss on purchase commitments — current 13,164 9,393
Total current liabilities 96,966 67,296
Mann Group convertible note 8,829 8,829
Accrued interest - Mann Group convertible note 55 55
Financing liability — long term 94,395 94,512
Midcap credit facility - long term 22,811 39,264
Senior convertible notes 226,124 225,397
Recognized loss on purchase commitments — long term 56,063 62,916
Operating lease liability 4,646 5,343
Deferred revenue — long term 60,248 37,684
Milestone liabilities 3,772 4,524
Total liabilities 573,909 545,820
Commitments and contingencies (Note 15)
Stockholders' deficit:    
Undesignated preferred stock, $0.01 par value - 10,000,000 shares authorized; no shares issued or outstanding as of June 30, 2023 and December 31, 2022
Common stock, $0.01 par value - 800,000,000 and 400,000,000 shares authorized as of June 30, 2023 and December 31, 2022, respectively, and 268,235,145 and 263,793,305 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively 2,682 2,638
Additional paid-in capital 2,968,917 2,964,293
Accumulated other comprehensive income 443  
Accumulated deficit (3,232,529) (3,217,469)
Total stockholders' deficit (260,487) (250,538)
Total liabilities and stockholders' deficit $ 313,422 $ 295,282