SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2024

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of cash and cash equivalents and restricted cash

The following table provides a reconciliation of cash, cash equivalents, and restricted cash, reported within the condensed consolidated balance sheets that sum to the total of the same such amounts shown in the condensed consolidated statements of cash flows (in thousands):

	June 30,
	2024		2023
Cash and cash equivalents	$	228,678	$	230,010
Restricted cash (current and long-term)		6,430		66,430
Total cash, cash equivalents and restricted cash	$	235,108	$	296,440

Schedule of Antidilutive securities excluded from computation of earnings per share

	June 30,
	2024	2023
Stock options	18,880,137	19,438,306
Restricted stock units	11,838,116	4,153,569
Employee Stock Purchase Plan	250,400	225,110
Series A Convertible Preferred Stock*	97,000	97,000
Series B Convertible Preferred Stock*	2,842,158	2,842,158
	33,907,811	26,756,143

* on an as-converted basis. (See Note 10 – Stockholders’ Equity)