v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 7,688 $ 8,805
Restricted cash 150 1,830
Marketable securities 84,135 104,510
Prepaid expenses and other current assets 3,317 9,325
Assets held for sale 112,096 0
Total current assets 207,386 124,470
Property, plant and equipment, net 150 129,406
Operating lease right-of-use assets 590 934
Long-term investments 11,659 0
Other long-term assets 11,201 8,757
Total assets 230,986 263,567
Current liabilities:    
Accounts payable 523 659
Accrued expenses and other current liabilities 13,329 7,237
Total current liabilities 13,852 7,896
Contingent consideration 948 948
Operating lease liabilities, non-current 6 1,017
Loan payable 84,420 84,187
Other long-term liabilities 90 83
Total liabilities 99,316 94,131
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Preferred stock, par value $0.000001 per share; 10,000,000 shares authorized; zero shares issued and outstanding as of June 30, 2025, and December 31, 2024 0 0
Common stock, par value $0.000001 per share; 300,000,000 shares authorized; 6,750,716 and 6,525,887 shares issued and outstanding as of June 30, 2025, and December 31, 2024, respectively 0 0
Additional paid-in capital 837,185 824,780
Accumulated other comprehensive loss (805) (228)
Accumulated deficit (704,710) (655,116)
Total stockholders’ equity 131,670 169,436
Total liabilities and stockholders’ equity $ 230,986 $ 263,567