Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.24.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 152,292 $ 204,017
Short-term investments 557,692 828,233
Total cash, cash equivalents and short-term investments 709,984 1,032,250
Other receivables 10,400 4,659
Prepaid expenses and other current assets 17,416 18,842
Total current assets 737,800 1,055,751
Property and equipment, net 111,988 103,430
Operating lease right-of-use assets 29,217 28,286
Restricted cash 762 762
Intangible assets 9,561 6,585
Goodwill 14,322 14,011
Other non-current assets 60,607 60,610
Total assets 964,257 1,269,435
Current liabilities:    
Accounts payable 4,940 3,006
Operating lease liabilities, current portion 4,846 4,312
Accrued and other current liabilities 35,980 37,818
Total current liabilities 45,766 45,136
Operating lease liabilities, net of current portion 26,883 26,349
Warrant liability 42,364 62,936
Earnout shares liability 63,922 95,969
Other non-current liabilities 4,283 4,683
Total liabilities 183,218 235,073
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; 717,094,083 and 698,262,025 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively. 71 70
Additional paid-in capital 2,389,751 2,282,475
Accumulated deficit (1,609,460) (1,247,703)
Accumulated other comprehensive income (loss) 677 (480)
Total stockholders’ equity 781,039 1,034,362
Total liabilities and stockholders’ equity $ 964,257 $ 1,269,435