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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Revenue    
Premiums earned, net $ 75,601 $ 12,464
Investment income 117 523
Other revenue 29,179 22,077
Total revenue 104,897 35,064
Costs and expenses    
Losses and loss adjustment expenses 88,467 21,208
Policy servicing expense and other 20,304 16,813
Sales, marketing and other acquisition costs 102,989 5,483
Research and development 16,027 8,211
Amortization of capitalized software 11,306 11,188
Other operating expenses 63,510 16,981
Total costs and expenses 302,603 79,884
Loss from operations (197,706) (44,820)
Other expense    
Interest expense 15,974 6,067
Impairment on digital assets 183 0
Increase in fair value of stock warrant liability 2,596 69,294
Total other expense 18,753 75,361
Loss before taxes (216,459) (120,181)
Income tax benefit 0 (84)
Net loss $ (216,459) $ (120,097)
Net loss per share, basic (in dollars per share) $ (1.89) $ (13.51)
Net loss per share, diluted (in dollars per share) $ (1.89) $ (13.51)
Weighted-average shares used in computing basic net loss per share (in shares) 114,609,563 8,890,631
Weighted-average shares used in computing diluted net loss per share (in shares) 114,609,563 8,890,631