Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.23.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 480,371 $ 146,101
Short-term investments 632,144 910,692
Total cash, cash equivalents and short-term investments 1,112,515 1,056,793
Restricted cash 0 3,204
Other receivables 6,935 4,021
Prepaid expenses and other current assets 18,733 20,160
Total current assets 1,138,183 1,084,178
Property and equipment, net 100,415 92,103
Operating lease right-of-use assets 27,683 25,149
Restricted cash 762 762
Intangible assets 7,992 12,581
Goodwill 14,011 14,011
Other non-current assets 60,560 64,200
Total assets 1,349,606 1,292,984
Current liabilities    
Accounts payable 4,787 7,710
Operating lease liabilities, current portion 4,026 3,710
Accrued and other current liabilities 41,154 18,783
Total current liabilities 49,967 30,203
Operating lease liabilities, net of current portion 25,965 23,613
Warrant liability 64,650 28,783
Earnout shares liability 94,602 44,055
Other non-current liabilities 5,088 1,589
Total liabilities 240,272 128,243
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; 694,692,591 and 622,602,815 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively. 69 61
Additional paid-in capital 2,244,617 1,908,179
Accumulated deficit (1,132,600) (734,653)
Accumulated other comprehensive loss (2,752) (8,846)
Total stockholders’ equity 1,109,334 1,164,741
Total liabilities and stockholders’ equity $ 1,349,606 $ 1,292,984