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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash Flows from Operating Activities:    
Net loss $ (223,065) $ (2,941)
Reconciliation of net loss to net cash used in operating activities:    
Stock-based compensation 3,035 70
Depreciation 233 12
Amortization of right-of-use asset 794 67
Amortization of debt discount 0 451
Change in fair value of derivative liabilities 138,436 260
Unrealized loss on foreign currency transactions 0 (9)
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (13,773) (17)
Accounts payable and accrued expenses 36,790 (267)
Customer deposits 1,296 1,306
Change in operating lease liability (673) (71)
Net cash (used in) provided by operating activities (56,927) (1,139)
Cash Flows from Investing Activities:    
Purchases of property and equipment and intangible asset (65,990) 0
Net cash used in investing activities (65,990) 0
Cash Flows from Financing Activities:    
Proceeds from the issuance of bridge notes 0 2,883
Proceeds from the exercise of warrants 89,023 0
Payments for stock issuance costs and redemption of unexercised warrants (22) 0
Proceeds from the exercise of stock options 5,124 23
Net cash provided by financing activities 94,125 2,906
Net increase (decrease) in cash and cash equivalents (28,792) 1,767
Cash and cash equivalents, beginning of the period 991,158 1,858
Cash and cash equivalents, end of the period 962,366 3,625
Supplemental disclosure of cash flow information    
Cash paid for interest 0 0
Cash paid for income taxes $ 0 $ 0