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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 5,569 $ 3,169
Investment securities 56,088 72,453
Prepaid expenses and other current assets 1,781 1,310
Total current assets 63,438 76,932
Property, plant and equipment, net 96,026 92,070
Operating lease right-of-use assets, net 1,378  
Total assets 160,842 169,002
Current liabilities    
Accounts payable 1,513 719
Share-based compensation liability 402 3,018
Accrued liabilities and other current liabilities 4,187 8,353
Current operating lease liabilities 1,320  
Total current liabilities 7,422 12,090
Non-current Common Stock Warrant liabilities 7,638 7,441
Non-current operating lease liabilities 352  
Total liabilities 15,412 19,531
Commitments and contingencies (Note 11)
Stockholders’ equity    
Common stock, $0.0001 par value Authorized: 480.0 million shares at March 31, 2019 and December 31, 2018 Issued and outstanding: 107.0 million shares and 106.9 million shares at March 31, 2019 and December 31, 2018, respectively 11 11
Treasury stock: 71,566 shares and 6,425 shares at March 31, 2019 and December 31, 2018, respectively, at cost (295) (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 March 31, 2019 and December 31, 2018
Additional paid-in-capital 183,834 180,862
Accumulated deficit (109,873) (97,617)
Total stockholders’ equity 73,677 83,221
Total liabilities, Series A and Series B Convertible Preferred Stock and stockholders’ equity 160,842 169,002
Series A Convertible Preferred stock    
Current liabilities    
Convertible Preferred Stock 43,775 40,091
Series B Convertible Preferred stock    
Current liabilities    
Convertible Preferred Stock $ 27,978 $ 26,159