Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.23.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 49,795 $ 146,101
Short-term investments 927,980 910,692
Total cash, cash equivalents and short-term investments 977,775 1,056,793
Restricted cash 2,235 3,204
Other receivables 10,912 4,021
Prepaid expenses and other current assets 22,218 20,160
Total current assets 1,013,140 1,084,178
Property and equipment, net 93,032 92,103
Operating lease right-of-use assets 24,023 25,149
Restricted cash 762 762
Intangible assets 11,085 12,581
Goodwill 14,011 14,011
Other non-current assets 62,674 64,200
Total assets 1,218,727 1,292,984
Current liabilities:    
Accounts payable 3,927 7,710
Operating lease liabilities, current portion 3,546 3,710
Accrued and other current liabilities 22,844 18,783
Total current liabilities 30,317 30,203
Operating lease liabilities, net of current portion 22,684 23,613
Warrant liability 37,814 28,783
Earnout shares liability 57,094 44,055
Other non-current liabilities 1,323 1,589
Total liabilities 149,232 128,243
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; 629,522,605 and 622,602,815 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively. 61 61
Additional paid-in capital 1,923,054 1,908,179
Accumulated deficit (848,046) (734,653)
Accumulated other comprehensive loss (5,574) (8,846)
Total stockholders’ equity 1,069,495 1,164,741
Total liabilities and stockholders’ equity $ 1,218,727 $ 1,292,984