Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 175,100 $ 204,017
Short-term investments 649,933 828,233
Total cash, cash equivalents and short-term investments 825,033 1,032,250
Other receivables 13,266 4,659
Prepaid expenses and other current assets 19,363 18,842
Total current assets 857,662 1,055,751
Property and equipment, net 105,846 103,430
Operating lease right-of-use assets 27,631 28,286
Restricted cash 762 762
Intangible assets 10,975 6,585
Goodwill 14,322 14,011
Other non-current assets 60,616 60,610
Total assets 1,077,814 1,269,435
Current liabilities    
Accounts payable 5,314 3,006
Operating lease liabilities, current portion 4,699 4,312
Accrued and other current liabilities 33,144 37,818
Total current liabilities 43,157 45,136
Operating lease liabilities, net of current portion 25,397 26,349
Warrant liability 40,871 62,936
Earnout shares liability 69,281 95,969
Other non-current liabilities 4,524 4,683
Total liabilities 183,230 235,073
Commitments and contingencies (Note 6)
Stockholders’ equity:    
Preferred stock: $0.0001 par value - 100,000,000 shares authorized. No shares issued and outstanding. 0 0
Common stock: $0.0001 par value - 1,400,000,000 shares authorized; 713,879,586 and 698,262,025 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively. 71 70
Additional paid-in capital 2,362,128 2,282,475
Accumulated deficit (1,465,582) (1,247,703)
Accumulated other comprehensive loss (2,033) (480)
Total stockholders’ equity 894,584 1,034,362
Total liabilities and stockholders’ equity $ 1,077,814 $ 1,269,435