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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS Unaudited - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenue $ 232 $ 334 $ 719 $ 342
Cost of revenue 3,320 609 3,424 550
Gross profit (3,088) (275) (2,705) (208)
Operating expenses        
Research and development 242,408 133,890 586,579 341,589
Selling, general and administrative 251,554 27,935 455,478 57,719
Total operating expenses 493,962 161,825 1,042,057 399,308
Loss from operations (497,050) (162,100) (1,044,762) (399,516)
Other income (expense), net        
Change in fair value of forward contracts 0 0 (454,546) (8,719)
Change in fair value of warrant liabilities   (100)   (200)
Interest expense (76) (10) (111) (20)
Other income (expense), net 249 785 (151) 76
Total other income (expense), net (27,331) 718 (489,288) (8,834)
Loss before provision for (benefit from) income taxes (524,381) (161,382) (1,534,050) (408,350)
Provision for (benefit from) income taxes 22 (145) 31 (245)
Net loss (524,403) (161,237) (1,534,081) (408,105)
Comprehensive loss (524,403) (161,237) (1,534,081) (408,105)
Deemed dividend related to the issuance of Series E convertible preferred stock 0 0 (2,167,332) 0
Net loss attributable to common stockholders $ (524,403) $ (161,237) $ (3,701,413) $ (408,105)
Weighted average shares outstanding used in computing net loss per share attributable to common stockholders, basic (in shares) 1,217,032,285 24,279,817 432,654,607 20,889,062
Weighted average shares outstanding used in computing net loss per share attributable to common stockholders, diluted (in shares) 1,217,032,285 24,279,817 432,654,607 20,889,062
Net loss per share attributable to common stockholders, basic (in dollars per share) $ (0.43) $ (6.64) $ (8.56) $ (19.54)
Net loss per share attributable to common stockholders, diluted (in dollars per share) $ (0.43) $ (6.64) $ (8.56) $ (19.54)
Convertible Preferred Stock Warrant Liability        
Other income (expense), net        
Change in fair value of warrant liabilities $ 0 $ (57) $ (6,976) $ (171)
Common Stock Warrant Liability        
Other income (expense), net        
Change in fair value of warrant liabilities (24,787) 0 (24,787) 0
Transaction costs expensed $ (2,717) $ 0 $ (2,717) $ 0