Quarterly report pursuant to Section 13 or 15(d)

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 9,685 $ 10,326
Restricted cash 6,489 6,569
Accounts receivable, net 2,501 3,078
Inventory, net 5,474 4,210
Prepaid expenses and other current assets 2,618 2,805
Total current assets 26,767 26,988
Property and equipment, net 368,261 313,166
Finance lease right-of-use assets 308 0
Operating lease right-of-use assets 137 172
Intangible assets, net 39,568 41,353
Other assets 3,058 73
Total assets 438,099 381,752
Current liabilities    
Accounts payable 13,744 14,640
Accrued liabilities 22,817 17,204
Short-term debt 6,734 0
Financing obligation 33 0
Operating lease liabilities 77 97
Finance lease liabilities 81 0
Total current liabilities 43,486 31,941
Long-term debt, net of debt issuance costs 367,294 277,985
Financing obligation, noncurrent 49,555 49,225
Operating lease liabilities, noncurrent 76 114
Finance lease liabilities, noncurrent 229 0
Warrant liability 10,298 7,214
Total liabilities 470,938 366,479
Commitments and contingencies (Note 10)
Stockholders' (deficit) equity    
Common stock, 0.0001 par value, 400,000,000 shares authorized, 8,574,249 and 8,311,237 issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 1 1
Additional paid-in capital 319,805 318,600
Accumulated deficit (352,645) (303,328)
Total stockholders' (deficit) equity (32,839) 15,273
Total liabilities and stockholders' (deficit) equity $ 438,099 $ 381,752