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CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net loss $ (8,599) $ (29,516)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 3,424 1,473
Allowance for doubtful accounts (55) 259
Depreciation and amortization 3,275 882
Accretion and amortization of term loans discount 308  
Remeasurement of derivative liabilities and convertible notes   281
Noncash interest expense   3
Noncash lease expense 171 (11)
Changes in assets and liabilities:    
Inventory (68,276) (31,317)
Accounts receivable 18,577 (3,358)
Other receivable 941 91
Prepaid expenses and other current assets 5,825 (8,767)
Other assets (1,863) 3,129
Accounts payable 362 2,678
Customer deposits (189) 2,916
Accrued liabilities 2,027 13,635
Net cash used in operating activities (44,072) (47,622)
Cash flows from investing activities:    
Acquisition of property and equipment (14,227) (8,977)
Net cash used in investing activities (14,227) (8,977)
Cash flows from financing activities:    
Proceeds for issuance of term loans, net of discount 29,570  
Third-party issuance costs related to term loans (740)  
Proceeds from issuance of common stock on IPO, net of issuance costs   159,899
Proceeds from exercise of stock options 87 150
Proceeds from the issuance of common stock under employee stock purchase plan 300  
Net cash provided by financing activities 29,217 160,049
Net increase (decrease) in cash and restricted cash equivalents (29,082) 103,450
Cash, cash equivalents and restricted cash equivalents, beginning of period 105,982 60,550
Cash, cash equivalents and restricted cash equivalents, end of period 76,900 164,000
Reconciliation to amounts on the condensed balance sheets:    
Cash and cash equivalents 74,957 161,662
Restricted cash equivalents 1,943 2,338
Total cash, cash equivalents and restricted cash equivalents 76,900 164,000
Supplemental disclosures of cash flow information    
Cash paid for taxes 16 2
Cash paid for interest, net of amounts capitalized 771  
Supplemental disclosures of noncash financing and investing activities:    
Purchase of property and equipment included in accounts payable and accrued liabilities 4,856 650
Acquisition of right-of-use asset through operating lease obligation 16,460  
Issuance of warrants in connection with term loan 494  
Vesting of early exercise options 34 40
Stock-based compensation expense capitalized to inventory $ 913 260
Conversion of redeemable convertible notes payable principal and interest for common stock on IPO   24,982
Conversion of convertible redeemable preferred shares into common stock on IPO   $ 121,080