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CONDENSED CONSOLIDATED STATEMENTS OF NONCONTROLLING INTEREST, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' EQUITY (DEFICIT) - USD ($)
$ in Thousands
Total
Previously Reported
Legacy Gelesis Redeemable Convertible Preferred Stock
Legacy Gelesis Redeemable Convertible Preferred Stock
Previously Reported
Legacy Gelesis Redeemable Convertible Preferred Stock
Retroactive Application of Recapitalization
Series A-3 Redeemable Convertible Preferred Stock
Noncontrolling Interest
Noncontrolling Interest
Previously Reported
Common Stock
Common Stock
Previously Reported
Common Stock
Retroactive Application of Recapitalization
Additional Paid-in Capital
Additional Paid-in Capital
Previously Reported
Accumulated Other Comprehensive (Loss) Income
Accumulated Other Comprehensive (Loss) Income
Previously Reported
Accumulated Deficit
Accumulated Deficit
Previously Reported
Balance at Dec. 31, 2020 $ (146,938) $ (146,938)             $ 1 $ 1   $ 23,907 $ 23,907 $ 938 $ 938 $ (171,784) $ (171,784)
Temporary Equity Balance at Dec. 31, 2020     $ 213,525 $ 213,525     $ 12,429 $ 12,429                  
Temporary Equity Balance, shares at Dec. 31, 2020     47,813,946 18,446,525 29,367,421                        
Balance, shares at Dec. 31, 2020                 5,587,094 2,155,490 3,431,604            
Accretion of Legacy Gelesis senior preferred stock to redemption value (33,761)                     (33,761)          
Temporary Equity, Accretion of Legacy Gelesis senior preferred stock to redemption value     $ 33,761                            
Temporary Equity, Exercise of Legacy Gelesis preferred stock warrants           $ 2,997                      
Temporary Equity, Exercise of Legacy Gelesis preferred stock warrants, shares           752,709                      
Stock based compensation expense 1,455                     1,455          
Issuance of common stock upon exercise of stock options 4                     4          
Issuance of common stock upon exercise of stock options shares                 2,634                
Accretion of noncontrolling interest put option to redemption value (94)                             (94)  
Temporary Equity, Accretion of noncontrolling interest put option to redemption value             94                    
Foreign currency translation adjustment (411)                         (411)      
Temporary Equity, Foreign currency translation adjustment             (546)                    
Net loss (18,586)                             (18,586)  
Balance at Mar. 31, 2021 (198,331)               $ 1     (8,395)   527   (190,464)  
Temporary Equity Balance at Mar. 31, 2021       $ 250,283     11,977                    
Temporary Equity Balance, shares at Mar. 31, 2021     48,566,655                            
Balance, shares at Mar. 31, 2021                 5,589,728                
Balance at Dec. 31, 2020 (146,938) (146,938)             $ 1 $ 1   23,907 23,907 938 938 (171,784) (171,784)
Temporary Equity Balance at Dec. 31, 2020     $ 213,525 $ 213,525     12,429 12,429                  
Temporary Equity Balance, shares at Dec. 31, 2020     47,813,946 18,446,525 29,367,421                        
Balance, shares at Dec. 31, 2020                 5,587,094 2,155,490 3,431,604            
Net loss (43,325)                                
Balance at Jun. 30, 2021 (303,844)               $ 1     (89,116)   570   (215,299)  
Temporary Equity Balance at Jun. 30, 2021       $ 333,585     12,225                    
Temporary Equity Balance, shares at Jun. 30, 2021     48,566,655                            
Balance, shares at Jun. 30, 2021                 5,615,192                
Balance at Mar. 31, 2021 (198,331)               $ 1     (8,395)   527   (190,464)  
Temporary Equity Balance at Mar. 31, 2021       250,283     11,977                    
Temporary Equity Balance, shares at Mar. 31, 2021     48,566,655                            
Balance, shares at Mar. 31, 2021                 5,589,728                
Accretion of Legacy Gelesis senior preferred stock to redemption value (82,365)                     (82,365)          
Temporary Equity, Accretion of Legacy Gelesis senior preferred stock to redemption value     $ 82,365                            
Temporary Equity, Exercise of Legacy Gelesis preferred stock warrants     $ 937                            
Stock based compensation expense 1,639                     1,639          
Issuance of common stock upon exercise of stock options 5                     5          
Issuance of common stock upon exercise of stock options shares                 25,464                
Accretion of noncontrolling interest put option to redemption value (96)                             (96)  
Temporary Equity, Accretion of noncontrolling interest put option to redemption value             96                    
Foreign currency translation adjustment 43                         43      
Temporary Equity, Foreign currency translation adjustment             152                    
Net loss (24,739)                             (24,739)  
Balance at Jun. 30, 2021 (303,844)               $ 1     (89,116)   570   (215,299)  
Temporary Equity Balance at Jun. 30, 2021       333,585     12,225                    
Temporary Equity Balance, shares at Jun. 30, 2021     48,566,655                            
Balance, shares at Jun. 30, 2021                 5,615,192                
Balance at Dec. 31, 2021 (329,836) (329,836)             $ 1 $ 1   (64,549) (64,549) 219 219 (265,507) (265,507)
Temporary Equity Balance at Dec. 31, 2021     $ 311,594 $ 311,594     11,855 11,855                  
Temporary Equity Balance, shares at Dec. 31, 2021     48,566,655 18,736,936 29,829,719                        
Balance, shares at Dec. 31, 2021                 6,248,192 2,410,552 3,837,640            
Accretion of legacy gelesis senior preferred stock to redemption value prior to business combination (37,934)                     (37,934)          
Temporary Equity, Accretion of legacy gelesis senior preferred stock to redemption value prior to business combination     $ 37,934                            
Conversion of legacy gelesis convertible preferred stock into common stock upon business combination 349,528                     349,528          
Conversion of legacy gelesis convertible preferred stock into common stock upon business combination, shares                 48,566,655                
Temporary Equity, Conversion of legacy gelesis convertible preferred stock into common stock upon business combination     $ (349,528)                            
Temporary Equity, Conversion of legacy gelesis convertible preferred stock into common stock upon business combination, shares     (48,566,655)                            
Proceeds from business combination, net of issuance costs and assumed liabilities 70,478               $ 6     70,472          
Proceeds from business combination, net of issuance costs and assumed liabilities, shares                 17,399,440                
Conversion of legacy gelesis preferred stock warrants into common stock warrants upon business combination 16,747                     16,747          
Recognition of earnout liability upon Business Combination (58,871)                     (58,871)          
Assumed private placement warrant liability upon business combination (8,140)                     (8,140)          
Exercise of warrants 4                     4          
Exercise of warrants, shares                 176,126                
Stock based compensation expense 13,989                     13,989          
Accretion of noncontrolling interest put option to redemption value (88)                             (88)  
Temporary Equity, Accretion of noncontrolling interest put option to redemption value             88                    
Foreign currency translation adjustment (137)                         (137)      
Temporary Equity, Foreign currency translation adjustment             (239)                    
Net loss (5,703)                             (5,703)  
Balance at Mar. 31, 2022 10,037               $ 7     281,246   82   (271,298)  
Temporary Equity Balance at Mar. 31, 2022             11,704                    
Balance, shares at Mar. 31, 2022                 72,390,413                
Balance at Dec. 31, 2021 $ (329,836) $ (329,836)             $ 1 $ 1   (64,549) $ (64,549) 219 $ 219 (265,507) $ (265,507)
Temporary Equity Balance at Dec. 31, 2021     $ 311,594 $ 311,594     11,855 $ 11,855                  
Temporary Equity Balance, shares at Dec. 31, 2021     48,566,655 18,736,936 29,829,719                        
Balance, shares at Dec. 31, 2021                 6,248,192 2,410,552 3,837,640            
Issuance of common stock upon exercise of stock options shares 162,064                                
Net loss $ (18,216)                                
Balance at Jun. 30, 2022 5,098               $ 7     289,332   (344)   (283,896)  
Temporary Equity Balance at Jun. 30, 2022             11,087                    
Temporary Equity Balance, shares at Jun. 30, 2022     0                            
Balance, shares at Jun. 30, 2022                 72,552,477                
Balance at Mar. 31, 2022 10,037               $ 7     281,246   82   (271,298)  
Temporary Equity Balance at Mar. 31, 2022             11,704                    
Balance, shares at Mar. 31, 2022                 72,390,413                
Stock based compensation expense 7,976                     7,976          
Issuance of common stock upon exercise of stock options 110               $ 0     110          
Issuance of common stock upon exercise of stock options shares                 162,064                
Accretion of noncontrolling interest put option to redemption value (85)                             (85)  
Temporary Equity, Accretion of noncontrolling interest put option to redemption value             85                    
Foreign currency translation adjustment (426)                         (426)      
Temporary Equity, Foreign currency translation adjustment             (702)                    
Net loss (12,513)                             (12,513)  
Balance at Jun. 30, 2022 $ 5,098               $ 7     $ 289,332   $ (344)   $ (283,896)  
Temporary Equity Balance at Jun. 30, 2022             $ 11,087                    
Temporary Equity Balance, shares at Jun. 30, 2022     0                            
Balance, shares at Jun. 30, 2022                 72,552,477