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 $ 81,653 $ 81,084
Restricted cash 5,850 11,950
Inventory, net 40,930 44,132
Prepaid expenses and other current assets 5,806 4,844
Total current assets 134,239 142,010
Restricted cash 2,951 2,951
Property and equipment, net 13,852 14,530
Operating lease right-of-use assets 11,721 12,362
Other long-term assets 2,817 2,192
Total assets 165,580 174,045
Current liabilities:    
Accounts payable 12,293 10,712
Accrued expenses 13,967 31,354
Deferred revenue 9,152 10,878
Operating lease liabilities, current 3,762 3,705
Other current liabilities 565 249
Debt, current 340 575
Total current liabilities 40,079 57,473
Debt, noncurrent 69,049 60,620
Operating lease liabilities, noncurrent 15,233 16,192
Derivative liabilities 13,519 13,227
Total liabilities 137,880 147,512
Commitments and contingencies (Note 6)
Stockholders’ equity:    
Preferred stock, $0.0001 par value - 100,000,000 shares authorized at March 31, 2023 and December 31, 2022; no shares outstanding at March 31, 2023 and December 31, 2022 0 0
Common stock - $0.0001 par value – 600,000,000 Class A shares authorized at March 31, 2023 and December 31, 2022; 128,870,368 and 125,617,015 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively; 200,000,000 Class B shares authorized at March 31, 2023 and December 31, 2022; 49,874,913 and 52,240,311 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 18 18
Additional paid-in capital 618,609 604,373
Accumulated deficit (590,927) (577,858)
Total stockholders’ equity 27,700 26,533
Total liabilities and stockholders’ equity $ 165,580 $ 174,045