v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 71,194 $ 194,154
Restricted cash 0 828
Accounts receivable, net 1,977 2,080
Inventory 69,229 33,927
Prepaid expenses and other current assets 12,708 7,789
Total current assets 155,108 238,778
Property, plant and equipment, net 69,840 61,425
Right-of-use assets 13,312 14,685
Investments 4,338 13,498
Other noncurrent assets 380 3,354
Total assets 242,978 331,740
Current liabilities    
Accounts payable 19,728 10,334
Current portion of lease obligation 1,455 1,642
Current portion of provision for contract losses 8,054 0
Accrued liabilities and other current liabilities 25,094 23,832
Deferred revenue 17,927 12,150
Total current liabilities 72,258 47,958
Lease obligation, net of current portion 12,800 14,078
Deferred revenue, net of current portion 9,165 28,991
Convertible note 44,147 0
Public and private placement warrant liabilities 4,326 20,188
Provision for contract losses, net of current portion and other long-term liabilities 10,795 7,555
Total liabilities 153,491 118,770
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; 336,145,621 and 334,919,914 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively. 36 34
Additional paid-in capital 1,049,533 1,033,393
Accumulated deficit (959,959) (820,454)
Accumulated other comprehensive loss (123) (3)
Total stockholders’ equity 89,487 212,970
Total liabilities and stockholders’ equity $ 242,978 $ 331,740

Source