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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 100,905 $ 19,838
Other receivables 600
Prepaid expenses and other current assets 1,502 247
Total current assets 102,407 20,685
Property and equipment, net 3,278 693
Operating lease right-of-use assets 1,183 1,336
Restricted cash 345 345
Other non-current assets 298
Total assets 107,213 23,357
Current liabilities:    
Accounts payable 2,247 1,417
Current portion of operating lease liabilities 490
Accrued expenses and other current liabilities 6,422 2,595
Total current liabilities 9,159 4,012
Derivative tranche liability 8,158
Non-current portion of operating lease liabilities 2,512 1,624
Common stock warrant liability 7,400
Earnout liability 8,794
Other non-current liabilities 746 853
Total liabilities 28,611 14,647
Commitments and contingencies (Note 9)  
Redeemable convertible preferred stock: $0.0001 par value — none and 19,522,771 shares authorized at September 30, 2021 and December 31, 2020, respectively; none and 15,480,195 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively; liquidation value $41,165 December 31, 2020 43,840
Stockholders’ equity (deficit)    
Preferred stock: $0.0001 par value — 10,000,000 shares and none authorized at September 30, 2021 and December 31, 2020, respectively; none issued and outstanding at September 30, 2021 and December 31, 2020
Common stock: $0.0001 par value — 492,000,000 and 50,218,502 shares authorized at September 30, 2021 and December 31, 2020, respectively; 37,816,310 and 2,770,702 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively 4 1
Additional paid-in capital 136,991 1,682
Accumulated deficit (58,393) (36,813)
Total stockholders’ equity (deficit) 78,602 (35,130)
Total liabilities, redeemable convertible preferred stock and stockholders’ equity (deficit) $ 107,213 $ 23,357