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Unaudited Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Cash flows from operating activities:              
Net loss and comprehensive loss $ (5,119) $ (64,424) $ (8,003) $ 938 $ (69,543) $ (7,065)  
Adjustments to reconcile net loss to net cash provided by operations:              
Share-based compensation         19,262 7,151  
Depreciation and amortization         3,103 2,752  
Transaction expenses related to the Merger         3,132 0  
Amortization of right-of-use assets         1,961 1,317  
Loss on impairment of long lived assets         446 0  
Bad debt allowance         269 214  
Change in fair value of warrant liabilities (20,558)   5,404   5,402 6,312  
Settlement of related party promissory notes (Note 3)         5,517 0  
Other         0 125  
Changes in operating assets and liabilities:              
Accounts receivable         3,628 1,588  
Prepaid expenses and other assets         (6,943) 178  
Accounts payable         1,843 (113)  
Accrued expenses and other liabilities         (1,182) 2,837  
Accrued compensation and benefits         (12,676) 4,377  
Operating lease liabilities         (2,581) (1,735)  
Net cash (used in) provided by operating activities         (48,362) 17,938  
Cash flows from investing activities:              
Purchases of property and equipment         (106) 0  
Purchases of intangible assets         (97) 0 $ (2,202)
Capitalized internal-use software development costs         (3,232) (406)  
Net cash used in investing activities         (3,435) (406)  
Cash flows from financing activities:              
Proceeds from the Merger         7,865 0  
Proceeds from PIPE and A&R FPA investors         208,500 0  
Payments for offering costs         (56,852) (740)  
Proceeds from exercise of Public Warrants         22,136 0  
Proceeds from exercise of options, including proceeds from repayment of promissory notes         505 1,114  
Repayment of notes payable         0 (19,437)  
Payments to repurchase early exercised stock options         0 (3)  
Net cash provided by financing activities         182,154 30,309  
Net increase in cash and cash equivalents         130,357 47,841  
Cash, cash equivalents and restricted cash, beginning of the period   76,404   42,178 76,404 42,178 42,178
Cash, cash equivalents and restricted cash, end of the period 206,761   90,019   206,761 90,019 76,404
Reconciliation of cash, cash equivalents and restricted cash to the amounts reported within the condensed consolidated balance sheets              
Cash and cash equivalents 204,942   88,396   204,942 88,396 74,781
Restricted cash 1,819   1,623   1,819 1,623 1,623
Total cash, cash equivalents and restricted cash, end of the period 206,761   90,019   206,761 90,019 $ 76,404
Supplemental disclosures of cash flow information:              
Cash paid for interest         0 2,118  
Supplemental disclosure of non-cash investing and financing activities:              
Capitalized internal-use software development costs accrued and not yet paid         386 91  
Reclassification of deferred offering costs to equity         5,923 0  
Conversion of preferred stock         246,049 0  
Conversion of May 2020 and October 2020 preferred stock warrants of Legacy Forge to common stock warrants         2,949 0  
Non-cash assets acquired in the Merger         193 0  
Warrants issued in connection with FPA         3,080 0  
Assumption of merger warrants liability         13,983 0  
Recapitalization of Legacy Forge common stock         5 0  
Exchange of Class AA common stock for Series B-1 convertible preferred stock         0 39,722  
Vesting of early exercised stock options and restricted stock awards $ 638 $ 409 $ 45 $ 11 1,048 56  
Warrant liability reclassified to additional paid-in capital upon excercise of Public Warrants         698 0  
Issuance of common stock upon settlement of promissory notes         4,207 0  
Early exercise of stock options upon settlement of related party promissory notes         1,310 0  
Series B-1              
Cash flows from financing activities:              
Proceeds from issuance of convertible preferred stock, net of issuance costs         0 47,735  
Series B-2              
Cash flows from financing activities:              
Proceeds from issuance of convertible preferred stock, net of issuance costs         $ 0 $ 1,640