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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 15,736 $ 3,169
Investment securities 62,207 72,453
Prepaid expenses and other current assets 859 1,310
Total current assets 78,802 76,932
Property, plant and equipment, net 134,591 92,070
Operating lease right-of-use assets, net 1,054
Other non current assets 6,748
Total assets 221,195 169,002
Current liabilities    
Accounts payable 11,912 719
Share-based compensation liability 182 3,018
Accrued liabilities and other current liabilities 8,751 8,353
Current operating lease liabilities 698
Total current liabilities 21,543 12,090
Non-current Common Stock Warrant liabilities 12,034 7,441
Non-current operating lease liabilities 3
Total liabilities 33,580 19,531
Commitments and contingencies (Note 13)
Stockholders’ equity    
Common stock, $0.0001 par value Authorized: 480.0 million shares at December 31, 2019 and December 31, 2018, Issued and outstanding: 117.3 million shares and 106.9 million shares at December 31, 2019 and December 31, 2018, respectively 12 11
Treasury stock: 137,860 shares and 6,425 shares at December 31, 2019 and December 31, 2018, respectively, at cost (685) (35)
Preferred stock, $0.0001 par value Authorized: 0.9 million, after designation of the Series A and Series B Convertible Preferred Stock, Issued and outstanding: none at December 31, 2019 and December 31, 2018, respectively
Additional paid-in-capital 224,091 180,862
Accumulated deficit (133,701) (97,617)
Total stockholders’ equity 89,717 83,221
Total liabilities, Series A and Series B Convertible Preferred Stock and stockholders’ equity 221,195 169,002
Series A Convertible Preferred Stock [Member]    
Current liabilities    
Convertible Preferred Stock 48,084 40,091
Series B Convertible Preferred Stock [Member]    
Current liabilities    
Convertible Preferred Stock $ 49,814 $ 26,159