v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash $ 27,013 $ 58,514
Prepaid expenses and other current assets 5,870 3,168
Total current assets 32,883 61,682
Property and equipment, net 15,445 16,554
Restricted cash 312 307
Other assets 4,954 3,899
Total assets 53,594 82,442
Current liabilities    
Accounts payable 4,237 4,243
Accrued expenses and other current liabilities 12,899 15,500
Operating lease obligations 853 519
Current portion of long term debt 0 1,326
Total current liabilities 17,989 21,588
Non-current liabilities    
Operating lease obligations, less current portion 3,945 3,313
Long term debt, net 28,025 27,345
Other non-current liabilities 583 564
Total non-current liabilities 32,553 31,222
Total liabilities 50,542 52,810
Commitments and contingencies (Note 13)
Stockholders' equity    
Preferred stock; $0.01 par value; 10,000,000 shares authorized at June 30, 2025 and December 31, 2024
Common stock; $0.01 par value; 390,000,000 shares authorized, 292,313,561 and 291,489,058 shares issued, and 292,192,061 and 291,367,558 shares outstanding at June 30, 2025 and December 31, 2024, respectively 2,924 2,915
Treasury stock, at cost, 121,500 shares at June 30, 2025 and December 31, 2024 (48) (48)
Additional paid-in capital 370,474 366,938
Accumulated other comprehensive income 12 48
Accumulated deficit (370,310) (340,221)
Total stockholders' equity 3,052 29,632
Total liabilities and stockholders' equity $ 53,594 $ 82,442