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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash Flows From Operating Activities    
Net loss $ (42,346) $ (21,006)
Adjustments to reconcile net loss to net cash used in operating activities:    
Change of fair value of Sponsor Earn-Out liability (16,400)  
Stock-based compensation 15,947 3,130
Depreciation and amortization 1,580 1,298
Other (371)  
PPP note forgiveness   (840)
Changes in operating assets and liabilities:    
Receivable from related party 5,943 (1,138)
Prepaid expenses and other assets (3,401) (1,068)
Accounts payable (761) 617
Accrued expenses and other liabilities 2,002 1,203
Net cash used in operating activities (37,807) (17,804)
Cash Flows From Investing Activities    
Purchases of property and equipment (10,645) (3,964)
Purchase of short-term investments   (150,810)
Maturities of short-term investments   13,101
Net cash used in investing activities (10,645) (141,673)
Cash Flows From Financing Activities    
Proceeds from Business Combination and PIPE Financing, net of issuance costs 282,940  
Proceeds from stock option exercises 260 20
Payment of deferred offering costs   (576)
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 283,200 187,341
Effect of exchange rates on cash (639) 48
Net increase in cash, cash equivalents and restricted cash 234,109 27,912
Cash, cash equivalents and restricted cash at beginning of period 161,044 2,728
Cash, cash equivalents and restricted cash at end of period 395,153 30,640
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 4,668 (118)
Lease liabilities arising from obtaining right-of-use assets 1,565  
Liabilities of Ivanhoe acquired in the Business Combination $ (387)  
Deferred offering costs included in accounts payable and accrued expenses and other liabilities   $ 2,103