XML 16 R3.htm IDEA: XBRL DOCUMENT v3.22.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 268,252 $ 38,869
Accounts receivable, net 8,263 4,152
Inventory 11,978 3,404
Prepaid expenses and other current assets 2,877 522
Total current assets 291,370 46,947
PROPERTY AND EQUIPMENT, net 2,302 722
INTANGIBLE ASSETS, net 170 515
NOTES RECEIVABLE 206 221
OTHER ASSETS 1,553 102
Total assets 295,601 48,507
CURRENT LIABILITIES:    
Accounts payable and other accrued expenses 4,860 3,698
Accrued compensation expenses 2,639 1,668
Deferred revenue 29 0
Current portion of long-term debt 3,200 1,000
Total current liabilities 10,728 6,366
LONG-TERM DEBT 3,716 4,971
WARRANT LIABILITY 81,388 0
EARNOUT LIABILITY 134,173 0
OTHER LIABILITIES 60 88
Total liabilities 230,065 11,425
COMMITMENTS AND CONTINGENCIES (Note14)
STOCKHOLDERS’ EQUITY (DEFICIT):    
Common stock, $0.0001 par value, 740,000,000 and 93,000,000 shares authorized as of December 31, 2021 and 2020, respectively, 117,750,608 and 16,774,044 shares issued and outstanding at December 31, 2021 and 2020, respectively 15 2
Additional paid-in capital 294,190 3,557
Accumulated other comprehensive loss (2) (1)
Accumulated deficit (228,667) (75,982)
Total stockholders’ equity (deficit) 65,536 (72,424)
Total liabilities, redeemable convertible preferred stock and stockholders’ equity (deficit) 295,601 48,507
Series A redeemable convertible preferred stock    
REDEEMABLE CONVERTIBLE PREFERRED STOCK:    
Redeemable Convertible Preferred Stock 0 14,970
Series B redeemable convertible preferred stock    
REDEEMABLE CONVERTIBLE PREFERRED STOCK:    
Redeemable Convertible Preferred Stock 0 27,371
Series B-1 redeemable convertible preferred stock    
REDEEMABLE CONVERTIBLE PREFERRED STOCK:    
Redeemable Convertible Preferred Stock 0 14,786
Series B-2 redeemable convertible preferred stock    
REDEEMABLE CONVERTIBLE PREFERRED STOCK:    
Redeemable Convertible Preferred Stock $ 0 $ 52,379