Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 40,407 $ 6,384
Restricted cash 736 2,736
Accounts receivable (net of allowance for doubtful accounts of $0 and $12,000 as of September 30, 2021 and December 31, 2020, respectively) 22,602 25,743
Inventory, net 7,311 6,351
Assets held for sale 0 2,043
Prepaids and other current assets 9,723 18,748
Total current assets 80,779 62,005
Property and equipment, net 157,651 162,664
Operating lease right-of-use assets 1,411 0
Finance lease right-of-use assets 3,383 0
Intangible assets (net of accumulated amortization of $1,932 and $1,690 as of March 31, 2022 and December 31, 2021, respectively) 12,258 12,500
Goodwill 4,971 4,971
Other assets 1,273 1,417
TOTAL ASSETS 261,726 243,557
Current liabilities:    
Accounts payable 29,875 29,180
Accrued expenses and other current liabilities 13,796 16,842
Notes payable 4,311 2,320
Current portion of long-term debt 5,000 5,000
Current portion of equipment financing 3,425 3,412
Current portion of capital lease obligations 0 1,092
Current portion of operating lease liabilities 1,020 0
Current portion of finance lease liabilities 1,229 0
Total current liabilities 58,656 57,846
Warrant liabilities 4,307 3,557
Convertible senior notes 110,818 105,769
Long-term debt 153,192 167,507
Long-term equipment financing 4,252 5,128
Long-term capital lease obligations 0 2,112
Long-term operating lease liabilities 470 0
Long-term finance lease liabilities 2,311 0
Other long-term liabilities 7,067 6,875
Total liabilities 341,073 348,794
Commitments and contingencies (NOTE 17)
Stockholders' deficit:    
Additional paid in capital 314,972 263,928
Accumulated deficit (419,284) (393,036)
Total Stockholders' deficit (104,304) (129,103)
TOTAL LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS' DEFICIT 261,726 243,557
Series A Convertible Redeemable Preferred Stock [Member]    
Mezzanine equity:    
Redeemable Convertible Preferred Stock 24,957 23,866
Common Class A [Member]    
Stockholders' deficit:    
Common stock $ 8 $ 5