v3.25.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents $ 21,211 $ 28,864
Marketable securities 59,785 83,143
Accounts receivable 775 1,187
Inventories 3,882 2,345
Other current assets 6,127 7,761
Total current assets 91,780 123,300
Operating lease right-of-use assets 2,924 3,826
Property, plant and equipment, net 12,339 10,332
Intangible assets, net 1,500 1,725
Other noncurrent assets 6,006 8,306
Total assets 114,549 147,489
Liabilities and stockholders' equity    
Accounts payable 3,965 5,453
Accrued liabilities 4,585 5,710
Accrued employee costs 4,712 5,783
Lease liability, current portion 2,634 3,039
Other current liabilities 16,008 19,174
Total current liabilities 31,904 39,159
Lease liability, noncurrent portion 175 720
Warrant liability 13,658 8,258
Total liabilities 45,737 48,137
Commitments and contingencies (Note 15)
Convertible preferred stock $0.0001 par value; 10,000 shares authorized; no,shares issued and outstanding 0 0
Stockholders' Deficit    
Common stock $0.0001 par value; 422,000 shares authorized; 54,949 and 54,140 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively 6 6
Additional paid-in capital 715,541 711,160
Accumulated other comprehensive income (loss) (7) 47
Accumulated deficit (646,728) (611,861)
Total stockholders' equity 68,812 99,352
Total liabilities and stockholders' equity $ 114,549 $ 147,489