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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash Flows From Operating Activities    
Net loss $ (18,018) $ (10,224)
Adjustments to reconcile net loss to net cash used in operating activities:    
Gain on change of fair value of Sponsor Earn-Out liability (21,270)  
Stock-based compensation 8,733 186
Depreciation and amortization 986 882
Other (584)  
PPP note forgiveness   (840)
Changes in operating assets and liabilities:    
Receivable from related party 2,522 (5,041)
Prepaid expenses and other assets (4,119) 16
Accounts payable 2,317 26
Accrued expenses and other liabilities 1,278 (146)
Net cash used in operating activities (28,155) (15,141)
Cash Flows From Investing Activities    
Purchases of property and equipment (10,041) (3,038)
Purchase of short-term investments   (150,810)
Maturities of short-term investments   13,101
Net cash used in investing activities (10,041) (140,747)
Cash Flows From Financing Activities    
Proceeds from Business Combination and PIPE Financing, net of issuance costs 282,940  
Proceeds from stock option exercises 42  
Proceeds from issuance of Series D and D plus redeemable convertible preferred stock, net of issuance costs   187,897
Net cash provided by financing activities 282,982 187,897
Effect of exchange rates on cash (676) 72
Net increase in cash, cash equivalents and restricted cash 244,110 32,081
Cash, cash equivalents and restricted cash at beginning of period 161,044 2,728
Cash, cash equivalents and restricted cash at end of period 405,154 34,809
Supplemental Non-Cash Information:    
Conversion of Redeemable Convertible Preferred Stock to shares of Class A Common Stock (269,941)  
Release of accrued transaction costs related to Business Combination and PIPE Financing 6,174  
Accounts payable and accrued expenses related to purchases of property and equipment 964 110
Liabilities of Ivanhoe acquired in the Business Combination $ (387)  
Deferred offering costs included in accounts payable and accrued expenses and other liabilities   $ 1,366