Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v3.22.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 96,661 $ 45
Restricted cash and cash equivalents 4,416 0
Accounts receivable, net of allowance 110 11
Accounts receivable - related party 8 322
Inventory, net of allowance 922 243
Prepaid expenses and other current assets 3,391 7
Total current assets 105,508 628
Property and equipment, net 37,405 8,423
Other assets 1,017 51
Total assets 143,930 9,102
Current liabilities    
Accounts payable 1,912 176
Accrued liabilities 16,048 1,294
Accrued liabilities - related party 8 833
Share settlement note 0 50
Total current liabilities 17,968 2,353
Long-term debt, net of deferred financing costs 11,199 104
Financing obligation 13,070 9,216
Other liabilities 10 0
Total liabilities 42,247 11,673
Commitments and contingencies (Note 15)
Stockholders' equity (deficit)    
Common stock 9 1
Additional paid-in capital 169,916 9,577
Accumulated deficit (68,242) (12,149)
Total stockholders' equity (deficit) 101,683 (2,571)
Total liabilities and stockholders' equity (deficit) $ 143,930 $ 9,102