XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Operating expenses:        
Research and development $ 7,192 $ 3,508 $ 11,259 $ 6,491
General and administrative 11,867 3,049 26,997 4,505
Total operating expenses 19,059 6,557 38,256 10,996
Loss from operations (19,059) (6,557) (38,256) (10,996)
Other income (expense):        
Gain on change of fair value of Sponsor Earn-Out liability, net 28,958   21,270  
Interest income 465 1 488 3
Other income (expense), net (1,171) (54) (1,331) 788
Total other income (expense), net 28,252 (53) 20,427 791
Income (loss) before income taxes 9,193 (6,610) (17,829) (10,205)
Provision for income taxes (178) (19) (189) (19)
Net income (loss) 9,015 (6,629) (18,018) (10,224)
Other comprehensive income (loss):        
Foreign currency translation adjustment (1,377) 85 (1,268) 71
Total comprehensive income (loss) $ 7,638 $ (6,544) $ (19,286) $ (10,153)
Net income (loss) per share attributable to common stockholders, basic (in dollars per share) $ 0.03 $ (0.11) $ (0.07) $ (0.17)
Net income (loss) per share attributable to common stockholders, diluted (in dollars per share) $ 0.03 $ (0.11) $ (0.07) $ (0.17)
Weighted-average shares outstanding, basic (in shares) 310,255,853 60,781,975 264,969,675 60,781,975
Weighted-average shares outstanding, diluted (in shares) 310,255,853 60,781,975 264,969,675 60,781,975