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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 83,016 $ 69,767
Short-term investments 58,000 101,079
Accounts receivable, net 21,822 16,801
Inventory 27,117 21,772
Prepaid expenses and other current assets 35,620 25,477
Total current assets 225,575 234,896
Property and equipment, net 80,411 45,126
Goodwill 1,931 2,428
Other intangible asset 1,093 1,153
Long-term investments 3,271 1,961
Other assets 8,047 9,718
Total assets 320,328 295,282
Current liabilities:    
Accounts payable 16,754 11,052
Accrued expenses and other current liabilities 32,098 35,553
Financing liability — current 9,747 9,565
Midcap credit facility - current 20,000  
Deferred revenue — current 3,670 1,733
Recognized loss on purchase commitments — current 14,105 9,393
Total current liabilities 96,374 67,296
Mann Group convertible note 8,829 8,829
Accrued interest - Mann Group convertible note 57 55
Financing liability — long term 94,375 94,512
Midcap credit facility - long term 17,921 39,264
Senior convertible notes 226,487 225,397
Recognized loss on purchase commitments — long term 50,534 62,916
Operating lease liability 4,289 5,343
Deferred revenue — long term 69,469 37,684
Milestone liabilities 3,772 4,524
Total liabilities 572,107 545,820
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 September 30, 2023 and December 31, 2022
Common stock, $0.01 par value - 800,000,000 and 400,000,000 shares authorized as of September 30, 2023 and December 31, 2022, respectively, and 269,543,539 and 263,793,305 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively 2,695 2,638
Additional paid-in capital 2,975,891 2,964,293
Accumulated other comprehensive income 443  
Accumulated deficit (3,230,808) (3,217,469)
Total stockholders' deficit (251,779) (250,538)
Total liabilities and stockholders' deficit $ 320,328 $ 295,282