v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 122,072 $ 194,154
Restricted cash 828 828
Accounts receivable, net 11,263 2,080
Inventory 66,529 33,927
Prepaid expenses and other current assets 15,122 7,789
Total current assets 215,814 238,778
Property, plant and equipment, net 65,838 61,425
Right-of-use assets 12,986 14,685
Investments 4,678 13,498
Other noncurrent assets 1,404 3,354
Total assets 300,720 331,740
Current liabilities    
Accounts payable 9,064 10,334
Current portion of lease obligation 1,348 1,642
Current portion of provision for contract losses 4,750 0
Accrued liabilities and other current liabilities 22,611 23,832
Deferred revenue 37,329 12,150
Total current liabilities 75,102 47,958
Lease obligation, net of current portion 12,595 14,078
Deferred revenue, net of current portion 20,753 28,991
Convertible debt 50,000 0
Public and private placement warrant liabilities 8,508 20,188
Provision for contract losses, net of current portion and other long-term liabilities 9,645 7,555
Total liabilities 176,603 118,770
Commitments and contingencies (Note 17)
Stockholders’ equity    
Preferred stock, $0.0001 par value, 25,000,000 shares authorized; none issued and outstanding 0 0
Common stock, $0.0001 par value, 2,000,000,000 shares authorized; 335,102,523 and 334,919,914 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively. 36 34
Additional paid-in capital 1,040,489 1,033,393
Accumulated deficit (916,316) (820,454)
Accumulated other comprehensive loss (92) (3)
Total stockholders’ equity 124,117 212,970
Total liabilities and stockholders’ equity $ 300,720 $ 331,740

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