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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 45,719 $ 190,081
Short-term restricted cash 655 0
Investments, available-for-sale 97,504 32,332
Receivables 9,195 3,896
Inventories 2,442 0
Prepaid and other current assets 3,306 874
Total current assets 158,821 227,183
Operating lease right-of-use assets 14,772 16,093
Property, plant and equipment, net 7,071 4,102
Goodwill and intangible assets, net 1,160 4,351
Long-term restricted cash 1,500 1,500
Other long-term assets 8,295 4,219
Total assets 191,619 257,448
LIABILITIES, CONVERTIBLE PREFERRED STOCK AND SHAREHOLDERS’ EQUITY    
Trade payables 6,921 4,645
Contract liabilities 10,348 513
Contract loss provisions 28,418 397
Accrued expenses and other current liabilities 5,602 6,974
Total current liabilities 51,289 12,529
Operating lease liabilities, net of current portion 13,921 14,183
Warrant liabilities 642 14,563
Other long-term liabilities 443 2,115
Total liabilities 66,295 43,390
Commitments and contingencies (Note 16)
Convertible preferred stock, $0.0001 par value; 10,000,000 shares authorized and no shares outstanding as of December 31, 2022 and 2021 0 0
Shareholders’ equity    
Common stock, $0.0001 par value; 500,000,000 shares authorized; 192,924,429 shares issued and outstanding (excluding restricted shares of 59,770) as of December 31, 2022 and 183,367,037 shares issued and outstanding (excluding restricted shares of 481,301) as of December 31, 2021 19 18
Additional paid-in capital 434,478 380,624
Accumulated other comprehensive loss (593) (4)
Accumulated deficit (308,580) (166,580)
Total shareholders’ equity 125,324 214,058
Total liabilities, convertible preferred stock and shareholders’ equity $ 191,619 $ 257,448