Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 91,057 $ 133,714
Accounts receivable 4,872 1,498
Accounts receivable due from related parties 1,316 1,316
Prepaid expenses and other current assets 13,698 3,906
Total current assets 110,943 140,434
Property, plant and equipment, net 145,714 130,580
Deferred engineering costs 96,497 69,000
Non-current restricted cash 4,300 49,875
Other non-current assets 36,653 18,659
Total assets 394,107 408,548
Current liabilities:    
Accounts payable 7,334 11,597
Accrued and other liabilities 33,334 41,173
Senior secured term loan 75,322 0
Total current liabilities 115,990 52,770
Senior secured term loan 57,853 57,048
Other non-current liabilities 17,312 796
Total long-term liabilities 75,165 57,844
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Preferred stock, $0.01 par value, 100,000,000 authorized: 6,123,782 and 6,123,782 shares outstanding, respectively 61  
Common stock, $0.01 par value, 400,000,000 authorized: 242,214,647 and 240,655,607 shares outstanding, respectively 2,210  
Additional paid-in capital 768,766  
Accumulated deficit (568,085)  
Total stockholders’ equity 202,952 297,934
Total liabilities and stockholders’ equity $ 394,107 $ 408,548