Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2021

Accounting Policies [Abstract]

Net Revenue Disaggregated by Sales Channel and Geographic Region

Net Revenue by Category. The following table sets forth the Company’s net revenue disaggregated by sales channel and geographic region based on the billing addresses of its customers:

	Three Months Ended June 30, 2020
	(in thousands)
	Direct			Wholesale			PaaS			Total
North America	$	53,693	0	$	5,727	0	$	345	0	$	59,765
Other		35			—			—			35
Total net revenue	$	53,728		$	5,727		$	345		$	59,800
	Three Months Ended June 30, 2021
	(in thousands)
	Direct			Wholesale			PaaS			Total
North America	$	67,155		$	—		$	108		$	67,263
Other		925			—			—			925
Total net revenue	$	68,080		$	—		$	108		$	68,188

	Six Months Ended June 30, 2020
	(in thousands)
	Direct		Wholesale		PaaS		Total
North America	$	78,901	$	5,786	$	706	$	85,393
Other		35		—		—		35
Total net revenue	$	78,936	$	5,786	$	706	$	85,428
	Six Months Ended June 30, 2021
	(in thousands)
	Direct		Wholesale		PaaS		Total
North America	$	113,297	$	1,802	$	290	$	115,389
Other		935		—		—		935
Total net revenue	$	114,232	$	1,802	$	290	$	116,324

Net Revenue Disaggregated by Product Categories

Net Revenue by Product Categories. The following table sets forth the Company’s net revenue disaggregated by product categories:

	Three Months Ended June 30,
	2020		2021
	(in thousands)
Heating, cooling and air quality	$	29,541	$	26,842
Kitchen appliances		11,160		8,974
Health and beauty		5,170		1,821
Personal protective equipment		6,656		505
Cookware, kitchen tools and gadgets		1,984		5,548
Home office		1,199		2,711
Housewares		1,111		9,109
Essential oils and related accessories		—		9,942
Other		2,634		2,628
Total net product revenue		59,455		68,080
PaaS		345		108
Total net revenue	$	59,800	$	68,188

	Six Months Ended June 30,
	2020		2021
	(in thousands)
Heating, cooling and air quality	$	39,418	$	32,980
Kitchen appliances		18,185		21,124
Health and beauty		9,600		5,463
Personal protective equipment		6,656		1,659
Cookware, kitchen tools and gadgets		2,978		11,646
Home office		1,697		3,520
Housewares		2,523		16,291
Essential oils and related accessories		—		17,295
Other		3,665		6,056
Total net product revenue		84,722		116,034
PaaS		706		290
Total net revenue	$	85,428	$	116,324

Summary of Financial Assets Measured at Fair Value

The following table summarizes the fair value of the Company’s financial assets that are measured at fair value as of December 31, 2020 and June 30, 2021 (in thousands):

	December 31, 2020
	Fair Value Measurement Category
	Level 1		Level 2		Level 3
Assets:
Cash and cash equivalents	$	26,718	$	—	$	—
Restricted cash		3,379		—		—
Liabilities:
Fair market value of warrant liability		—		—		31,821
Estimated fair value of contingent earn-out considerations		—		—		22,531

	June 30, 2021
	Fair Value Measurement Category
	Level 1		Level 2		Level 3
Assets:
Cash and cash equivalents	$	61,934	$	—	$	—
Restricted cash		2,129		—		—
Liabilities:
Estimated fair value of contingent earn-out considerations		—		—		35,798
Change in fair market value of warrant liability		—		—		34,589
Change in fair value of derivative liability		—		—		1,894