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CONSOLIDATED STATEMENTS OF REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Preferred Stock
Series A Preferred Stock
Preferred Stock
Common Stock
Series A Preferred Stock
Common Stock
Additional Paid-in Capital
Series A Preferred Stock
Additional Paid-in Capital
Accumulated Deficit
Series A Preferred Stock
Total
Beginning balance at Feb. 07, 2021   $ 0   $ 0   $ 0 $ 0   $ 0
Beginning balance (in shares) at Feb. 07, 2021   0 [1]   0          
Issuance of stock, net of issuance costs       $ 50   29,892     29,942
Issuance of stock, net of issuance costs (in shares)       50,000,000          
Net loss             (1,676)   (1,676)
Ending balance at Mar. 31, 2021       $ 50   29,892 (1,676)   28,266
Ending balance (in shares) at Mar. 31, 2021       50,000,000          
Issuance of stock, net of issuance costs $ 49,315     $ 2   74,374     74,376
Issuance of stock, net of issuance costs (in shares) 2,000,000 [1]     2,261,932          
Common stock issuance in conjunction with debt offering, net of issuance costs       $ 1   24,638     24,639
Common stock issuance in conjunction with debt offering, net of issuance costs (in shares)       839,398          
Series A Preferred Stock converted to common stock $ (49,315)   $ 2   $ 49,313     $ 49,315  
Series A Preferred Stock converted to common stock (in shares) (2,000,000) [1]   1,739,311            
Reverse merger exchange ratio share adjustment       $ 43   (43)      
Reverse merger exchange ratio share adjustment (in shares)       43,136,087          
Common stock issued for acquisition of IKONICS Corporation       $ 2   40,588     40,590
Common stock issued for acquisition of IKONICS Corporation (in shares)       1,999,525          
Net loss             (94,007)   (94,007)
Ending balance at Dec. 31, 2021       $ 100   $ 218,762 $ (95,683)   $ 123,179
Ending balance (in shares) at Dec. 31, 2021       99,976,253          
[1] The redeemable convertible preferred stock was presented in the mezzanine section of the consolidated balance sheets while outstanding.