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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash $ 37,860 $ 13,523
Prepaid expenses and other current assets 2,143 2,265
Other receivables 1,714 3,363
Total current assets 41,717 19,151
Restricted cash 5,480 5,720
Property and equipment, net 12,700 12,559
Operating lease right-of-use asset 44,243 44,717
In-process research and development 10,256 10,256
Goodwill 3,490 3,490
Other assets 2,470 2,470
Total assets 120,356 98,363
Current liabilities    
Accounts payable and accrued liabilities 4,610 5,689
Accrued compensation 948 768
Convertible debt 71,658  
Term debt, current 25,010  
Current portion of operating lease liabilities 7,497 9,481
Other current liabilities 322 523
Total current liabilities 110,045 16,461
Operating lease liabilities, net of current portion 28,376 28,583
Convertible debt   58,633
Term debt non-current 35,368 23,674
Deferred tax liability 3,077 3,077
Total liabilities 176,866 130,428
Commitments and contingencies (Note 12)
Stockholders' deficit    
Common stock, $0.01 par value; 217,000,000 shares authorized; 36,132,117 and 36,122,932 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 361 361
Additional paid-in capital 276,969 276,393
Accumulated deficit (333,840) (308,819)
Total stockholders' deficit (56,510) (32,065)
Total liabilities and stockholders' deficit $ 120,356 $ 98,363