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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 426,076 $ 160,497
Receivable from related party 7,537 7,910
Prepaid expenses and other current assets 7,416 1,563
Total current assets 441,029 169,970
Property and equipment, net 15,991 12,494
Intangible assets, net 1,708 1,626
Right-of-use assets, net 11,468  
Restricted cash 475 475
Deferred offering costs   5,711
Other assets 3,742 3,077
Total assets 474,413 193,353
Current liabilities:    
Accounts payable 16,756 4,712
Accrued compensation 2,766 2,117
Operating leases, current 1,693  
Accrued expenses and other current liabilities 6,465 4,156
Total current liabilities 27,680 10,985
Sponsor Earn-Out liability 44,081  
Operating leases, non-current 10,109  
Other liabilities 137 749
Total liabilities 82,007 11,734
Commitments and contingencies (Note 8)
Redeemable Convertible Preferred Stock, $0.000001 par value - none authorized, issued and outstanding as of March 31, 2022; 213,960,286 shares authorized, issued and outstanding as of December 31, 2021 (aggregate liquidation preference of $271,148 as of December 31, 2021   269,941
Stockholders' equity (deficit):    
Preferred stock, $0.0001 par value; 20,000,000 shares authorized, none issued and outstanding as of March 31, 2022; none authorized, issued and outstanding as of December 31, 2021
Common stock, $0.0001 par value; 2,100,000,000 Class A shares and 200,000,000 of Class B shares authorized as of March 31, 2022, and 266,976,000 shares authorized as of December 31, 2021; 304,011,931 share of Class A and 43,881,251 shares of Class B shares issued and outstanding as of March 31, 2022 and 22,261,480 of Class A shares and 39,881,455 of Class B shares issued and outstanding as of December 31, 2021 34 6
Additional paid-in capital 513,222 5,598
Accumulated other comprehensive income 476 367
Accumulated deficit (121,326) (94,293)
Total stockholders' equity (deficit) 392,406 (88,322)
Total liabilities, redeemable convertible preferred stock, and stockholders' equity (deficit) $ 474,413 $ 193,353