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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues $ 55,474 $ 11,280 $ 96,177 $ 29,472
Cost of revenues 50,516 8,817 87,484 25,598
Gross profit 4,958 2,463 8,693 3,874
Operating expenses:        
Research and development, net 19,165 8,529 32,642 15,607
Selling, general and administrative 18,952 7,068 42,030 13,692
Total operating expenses 38,117 15,597 74,672 29,299
Operating loss (33,159) (13,134) (65,979) (25,425)
Other income (expense):        
Interest expense, net (2,432) (275) (5,421) (402)
Loss on foreign exchange (3,876) (126) (3,896) (405)
Change in fair value of liability classified warrants 0 (2,448) 13,482 (5,478)
Other income (expense), net (23) (242) 3 (133)
Total other income (expense), net (6,331) (3,091) 4,168 (6,418)
Loss before income taxes (39,490) (16,225) (61,811) (31,843)
Benefit (provision) for income taxes 2,073 (440) (2,315) (704)
Net loss (37,417) (16,665) (64,126) (32,547)
Other comprehensive income (loss), net of tax:        
Foreign currency translation income (loss) (1,030) 333 (154) 1,074
Comprehensive loss $ (38,447) $ (16,332) $ (64,280) $ (31,473)
Net loss per share attributable to Rocket Lab USA, Inc.:        
Net loss per share attributable to common stockholders-basic $ (0.08) $ (0.21) $ (0.14) $ (0.41)
Net loss per share attributable to common stockholders- diluted $ (0.08) $ (0.21) $ (0.14) $ (0.41)
Weighted-average common shares outstanding:        
Weighted average common shares outstanding-basic 464,719,924 78,961,096 460,630,324 78,893,969
Weighted average common shares outstanding, diluted 464,719,924 78,961,096 460,630,324 78,893,969