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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net loss $ (135,020) $ (17,193)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 4,066 1,420
Non-cash interest expense on convertible debt 0 389
Write-down of inventories 0 582
Stock-based compensation expense 27,428 38,769
Change in fair value of warrant liabilities (8,881) (130,528)
Other 750 665
Changes in operating assets and liabilities:    
Accounts receivable (39) (3,674)
Inventories (21,421) 1,432
Prepaid expenses and other assets (498) (8,896)
Vendor advances 9,555 (5,615)
Accounts payable (3,121) (11,276)
Deferred revenue 971 5,660
Accrued purchase commitments (15,578) (23,021)
Change in operating lease assets and liabilities 1,772 (872)
Accrued expenses and other liabilities (240) 5,748
Net cash used in operating activities (140,256) (146,410)
Cash flows from investing activities:    
Purchases of marketable securities (75,118) (1,018,095)
Sales of marketable securities 0 702,152
Purchases of property and equipment, including capitalized software (16,180) (3,826)
Net cash used in investing activities (91,298) (319,769)
Cash flows from financing activities:    
Proceeds from exercise of stock options and warrants 2,844 19,314
Net proceeds from equity infusion from the Business Combination 0 548,403
Payment of loan payable 0 (4,366)
Other financing activities (100) (52)
Net cash provided by financing activities 2,744 563,299
Net (decrease) increase in cash, cash equivalents and restricted cash (228,810) 97,120
Cash, cash equivalents and restricted cash, beginning of period 426,841 60,206
Cash, cash equivalents and restricted cash, end of period $ 198,031 $ 157,326