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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 4,543 $ 3,169
Investment securities 52,573 72,453
Prepaid expenses and other current assets 1,755 1,310
Total current assets 58,871 76,932
Property, plant and equipment, net 104,198 92,070
Operating lease right-of-use assets, net 1,608  
Total assets 164,677 169,002
Current liabilities    
Accounts payable 1,856 719
Share-based compensation liability 182 3,018
Accrued liabilities and other current liabilities 4,789 8,353
Current operating lease liabilities 1,784  
Total current liabilities 8,611 12,090
Non-current common stock warrant liabilities 11,216 7,441
Non-current operating lease liabilities 273  
Total liabilities 20,100 19,531
Commitments and contingencies (Note 11)
Stockholders’ equity    
Common stock, $0.0001 par value Authorized: 480.0 million shares at June 30, 2019 and December 31, 2018 Issued and outstanding: 107.2 million shares and 106.9 million shares at June 30, 2019 and December 31, 2018, respectively 11 11
Treasury stock: 103,198 shares and 6,425 shares at June 30, 2019 and December 31, 2018, respectively, at cost (466) (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 June 30, 2019 and December 31, 2018
Additional paid-in-capital 170,374 180,862
Accumulated deficit (116,592) (97,617)
Total stockholders’ equity 53,327 83,221
Total liabilities, series A and series B convertible preferred stock and stockholders’ equity 164,677 169,002
Series A convertible preferred stock    
Current liabilities    
Convertible preferred stock 44,263 40,091
Series B convertible preferred stock    
Current liabilities    
Convertible preferred stock $ 46,987 $ 26,159