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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating activities      
Net loss $ (166,319) $ (65,994) $ (50,226)
Adjustments to reconcile net loss to net cash used by operating activities      
Depreciation and amortization 3,239 1,382 723
Non-cash interest expense 4,537 1,292 157
Change in fair value of derivatives 12,588 863 0
Change in fair value of warrant liability (4,085) 0 0
Change in fair value of trading security (50) 0 0
Loss on extinguishment of debt 1,469 199 916
Loss on disposal of property and equipment 0 36 0
Warrant expense 0 391 38
Provision for excess and obsolete inventory 186 145 150
Allowance for doubtful accounts 1,892 67 266
Stock-based compensation 29,884 1,525 3,534
Changes in assets and liabilities      
Accounts receivable (19,307) (1,267) (6,453)
Inventories (3,508) (2,285) (3,376)
Prepaid expenses and other current assets (2,450) (1,753) (733)
Other non-current assets (661) (551) (201)
Accounts payable 2,496 (58) 2,871
Accrued expenses 17,946 2,861 (1,424)
Other current liabilities 974 0 0
Other non-current liabilities 626 1,051 0
Deferred revenue 14,683 8,454 6,133
Net cash used in operating activities (105,860) (53,642) (47,625)
Investing activities      
Purchase of available-for-sale securities (269,237) 0 0
Proceeds from sales and maturities of available-for-sale securities 4,644 0 0
Purchase of trading security (4,250) 0 0
Purchase of property and equipment (1,541) (269) (908)
Development of internal software (6,579) (5,000) (2,854)
Purchase of intangible assets (700) (199) (4)
Net cash used in investing activities (277,663) (5,468) (3,766)
Financing activities      
Proceeds from issuance of convertible promissory notes, net of issuance costs 0 49,955 8,995
Proceeds from issuance of term loan, net of issuance costs 0 4,927 0
Proceeds from business combination and private offering, net of issuance costs 447,955 0 0
Repayment of term loan (5,000) 0 0
Proceeds from unsecured loan 0 3,441 0
Repayment of unsecured loan 0 (3,441) 0
Proceeds from issuance of common stock 3,258 226 304
Payments for tax withholding on net settlement of equity awards (1,799) 0 0
Proceeds from revolving credit facility 7,934 0 0
Repayment of revolving credit facility (4,566) 0 0
Net cash provided by financing activities 447,782 65,408 66,087
Effect of exchange rates on cash (6) 13 0
Net change in cash and cash equivalents 64,253 6,311 14,696
Beginning of year 60,529 54,218 39,522
End of year 124,782 60,529 54,218
Supplemental disclosure of cash flow information      
Interest 348 92 0
Income taxes 70 8 58
Capitalization of stock-based compensation to internally developed software 901 35 133
Bifurcation of derivative liabilities component of issuance of convertible promissory notes and term loan 0 12,527 0
Capitalization of transaction costs 0 653 0
Accrued issuance costs 0 42 0
Accrued fixed assets 480 0 0
Private placement warrants received as part of business combination 13,872 0 0
Prepaid expense received as part of business combination 510 0 0
Series B      
Financing activities      
Proceeds from issuance of Series preferred stock, net of issuance costs 0 0 246
Series B-1      
Financing activities      
Proceeds from issuance of Series preferred stock, net of issuance costs $ 0 $ 10,300 $ 56,542