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, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 33,946 $ 13,666
Restricted cash 6,480 11,272
Accounts receivable, net 2,793 2,691
Inventory, net 4,254 3,594
Prepaid expenses and other current assets 3,046 2,881
Total current assets 50,519 34,104
Property and equipment, net 230,849 157,844
Operating lease right-of-use assets 211 137
Goodwill 38,481 38,481
Intangible assets, net 43,921 47,273
Other assets 25 901
Total assets 364,006 278,740
Current liabilities    
Accounts payable 9,045 13,757
Accrued liabilities 17,372 9,426
Operating lease liabilities 62 84
Total current liabilities 26,479 23,267
Long-term debt, net of debt issuance costs 179,403 119,814
Financing obligation 49,146 14,139
Operating lease liabilities, noncurrent 152 187
Warrant liability 10,546 0
Total liabilities 265,726 157,407
Commitments and contingencies (Note 11)
Stockholders' equity    
Common stock, $0.0001 par value, 400,000,000 shares authorized, 104,240,153 and 103,700,630 issued and outstanding as of June 30, 2023 and December 31, 2022, respectively [1] 1 10
Additional paid-in capital 311,795 300,636
Accumulated deficit (213,516) (179,313)
Total stockholders' equity 98,280 121,333
Total liabilities and stockholders' equity $ 364,006 $ 278,740
[1] Prior comparative period share amounts issued and outstanding have been retroactively adjusted to reflect the Reverse Stock Split (as defined below). See Note 2, Summary of Significant Accounting Policies, for additional detail.