v3.24.4
CONDENSED CONSOLIDATED BALANCE SHEETS (Q3) - USD ($)
$ in Thousands
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Current assets:                  
Cash and cash equivalents $ 798     $ 2,118       $ 61,094  
Insurance receivable 408     100       4,000  
Prepaids and other current assets 4,187     8,513       10,173  
Total current assets 5,393     10,731       76,274  
Property, machinery and equipment, net 2,369     3,252       4,016  
Intangible assets, net 265     341       337  
Operating lease right-of-use asset 4,488     5,350       6,441  
Restricted cash, non-current 500     373       312  
Other non-current assets 1,090     602       4,712  
Total assets 14,105     20,649       92,423  
Current liabilities:                  
Accounts payable 5,677     2,805       2,239  
Accrued liabilities 3,629     4,754       8,026  
Loan payable, current 2,337     2,273       11,627  
Contract liabilities, current 495     0       1,654  
Operating lease liability, current 1,358     1,268       1,153  
Stock repurchase liability       0       10,000  
Litigation settlement contingency 526     0       8,500  
Other current liabilities 4     9       27  
Total current liabilities 14,026     11,109       43,226  
Contract liabilities, non-current 1,143     998       1,026  
Loan Payable, non-current       0       2,404  
Warrant liability 3     3       564  
Operating lease liability, non-current 3,829     4,863       6,131  
Other non-current liabilities 508     489       465  
Total non-current liabilities 5,483     6,353       10,590  
Total liabilities 19,509     17,462       53,816  
Commitments and Contingencies (Note 12)            
Stockholders' equity (deficit):                  
Preferred stock, $0.00001 par value; 20,000,000 shares authorized and 0 issued and outstanding as of September 30, 2024 and December 31, 2023, respectively 0     0       0  
Additional paid-in capital 390,730     376,234       342,734  
Accumulated deficit (396,134)     (373,047)       (304,127)  
Total stockholders' equity (deficit) (5,404) $ (1,796) $ 3,485 3,187 $ 4,292 $ 12,757 $ 28,946 38,607 $ 131,888
Total liabilities and stockholders' equity (deficit) 14,105     20,649       92,423  
Common Class A                  
Stockholders' equity (deficit):                  
Common stock, value 0     0       0  
Common Class B                  
Stockholders' equity (deficit):                  
Common stock, value $ 0     $ 0       $ 0