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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 501.7 $ 464.6
Restricted cash 6.7 6.9
Prepaid expenses 11.0 7.9
Other current assets 3.6 0.8
Total current assets 523.0 480.2
Property and equipment, net 113.1 57.6
Intangible assets, net 0.4 0.4
Right-of-use assets 7.4 8.9
Other long-term assets 7.6 7.2
Total assets 651.5 554.3
Current liabilities    
Accounts payable 23.5 14.3
Current portion of lease liabilities 3.6 2.8
Accrued expenses and other current liabilities 59.6 96.9
Total current liabilities 86.7 114.0
Notes payable 64.0 7.2
Lease liabilities, net of current portion 10.9 13.2
Warrant liabilities 9.6 39.9
Other long-term liabilities 12.6 12.9
Total liabilities 183.8 187.2
Commitments and contingencies (Note 7)
Stockholders’ equity    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding as of September 30, 2024 and December 31, 2023 0.0 0.0
Additional paid-in capital 1,955.3 1,515.9
Accumulated deficit (1,487.5) (1,148.8)
Accumulated other comprehensive loss (0.1) 0.0
Total stockholders’ equity 467.7 367.1
Total liabilities and stockholders’ equity 651.5 554.3
Class A    
Stockholders’ equity    
Common stock 0.0 0.0
Class B    
Stockholders’ equity    
Common stock $ 0.0 $ 0.0