XML 47 R33.htm IDEA: XBRL DOCUMENT v3.22.2.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2022
Dec. 31, 2021
Accounting Policies [Abstract]    
Summary of Disaggregation of Revenue  
Total revenue based on the disaggregation criteria described above is as follows (in thousands):
 
    
For the Years Ended
December 31,
 
    
2021
    
2020
 
Point in time
   $ 3,859      $ 2,747  
Over time
     69        268  
    
 
 
    
 
 
 
Total net sales
   $ 3,928      $ 3,015  
    
 
 
    
 
 
 
 
Summary of Deferred Revenue from Contracts with Customers  
The following provides information about deferred revenue from contracts with customers as of December 31, 2021, 2020 and 2019 (in thousands):
 
    
As of December 31,
 
    
2021
    
2020
    
2019
 
Deferred revenue, current
   $ 72      $ 67      $ 226  
Deferred revenue,
non-current
     4        3        —    
    
 
 
    
 
 
    
 
 
 
Total deferred revenue
   $ 76      $ 70      $ 226  
    
 
 
    
 
 
    
 
 
 
Summary of Estimated Useful Lives of Assets   Depreciation and amortization are calculated using the straight-line method over the following estimated useful lives of the assets:
 
    
Useful Lives
Machinery and equipment
  
5-10
years
Furniture and fixtures
  
5-7
years
Computer equipment
  
3-5
years
Computer software
   3 years
Leasehold improvements
   Lesser of the useful life or the remaining term of the lease
Summary of Information About The Company's Financial Assets and Liabilities That Are Measured at Fair Value On Recurring Basis
The following table sets forth the Company’s financial assets and liabilities that were measured at fair value, on a recurring basis (in thousands):
 
    
As of June 30, 2022
 
    
Level 1
    
Level 2
    
Level 3
    
Total
 
Financial Assets
           
Cash and cash equivalents
           
Money market funds
   $ 18,652      $ —        $ —        $ 18,652  
Prepaid expenses and other current assets
           
Share settled forward
   $ —        $ —        $ 1,070      $ 1,070  
  
 
 
    
 
 
    
 
 
    
 
 
 
Total assets at fair value
   $ 18,652      $ —        $ 1,070      $ 19,722  
Financial Liabilities
           
Private placement warrant liability
   $ —        $ 496      $ —        $ 496  
  
 
 
    
 
 
    
 
 
    
 
 
 
Total liabilities at fair value
   $ —        $ 496      $ —        $ 496  
  
 
 
    
 
 
    
 
 
    
 
 
 
 
    
As of December 31, 2021
 
    
Level 1
    
Level 2
    
Level 3
    
Total
 
Financial Assets
           
Cash and cash equivalents:
           
Money market funds
   $ 26,031      $ —        $ —        $ 26,031  
  
 
 
    
 
 
    
 
 
    
 
 
 
Total assets
   $ 26,031      $ —        $ —        $ 26,031  
Financial Liabilities
           
Debt derivative liabilities
   $ —        $ —        $ 26,189      $ 26,189  
  
 
 
    
 
 
    
 
 
    
 
 
 
Total liabilities
   $ —        $ —        $ 26,189      $ 26,189  
  
 
 
    
 
 
    
 
 
    
 
 
 
The following table sets forth the Company’s financial assets and liabilities that were measured at fair value, on a recurring basis (in thousands):
 
    
December 31, 2021
 
    
Level 1
    
Level 2
    
Level 3
    
Total
 
Financial Assets
                                   
Cash and cash equivalents:
                                   
Money market funds
   $ 26,031      $ —        $ —        $ 26,031  
    
 
 
    
 
 
    
 
 
    
 
 
 
Total assets
   $ 26,031      $ —        $ —        $ 26,031  
Financial Liabilities
                                   
Debt derivative liabilities
   $ —        $ —        $ 26,189      $ 26,189  
    
 
 
    
 
 
    
 
 
    
 
 
 
Total liabilities
   $ —        $ —        $ 26,189      $ 26,189  
    
 
 
    
 
 
    
 
 
    
 
 
 
 
    
December, 31, 2020
 
    
Level 1
    
Level 2
    
Level 3
    
Total
 
Financial Assets
                                   
Cash and cash equivalents:
                                   
Money market funds
   $ 7,515      $ —        $ —        $ 7,515  
    
 
 
    
 
 
    
 
 
    
 
 
 
Total assets
   $ 7,515      $ —        $ —        $ 7,515  
Financial Liabilities
                                   
Debt derivative liabilities
   $ —        $ —        $ 5,021      $ 5,021  
    
 
 
    
 
 
    
 
 
    
 
 
 
Total liabilities
   $ —        $ —        $ 5,021      $ 5,021