XML 40 R19.htm IDEA: XBRL DOCUMENT v3.23.3
CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Mar. 10, 2021
Mar. 08, 2021
Jan. 01, 2021
Dec. 31, 2020
Current assets:                    
Cash and cash equivalents $ 109,922,000   $ 317,959,000 $ 523,932,000   $ 938,319,000        
Total Assets 926,970,000   1,086,522,000     3,299,717,000     $ 146,103,000 $ 67,563,000
Current liabilities:                    
Total Liabilities 1,222,938,000   1,260,342,000     2,623,277,000     248,985,000 171,437,000
Commitments and contingencies (see Note 11)              
Class A ordinary shares subject to possible redemption, 212,598 and 24,300,287 shares at redemption value of $10.36 and $10.15 per share as of June 30, 2023 and December 31, 2022 436,280,000   436,280,000 436,280,000   436,280,000       409,688,000
Shareholders' Equity                    
Ordinary shares 10,000   10,000     10,000        
Additional paid-in capital 642,551,000   626,628,000     571,501,000        
Retained earnings (1,316,823,000)   (1,181,415,000)     (292,613,000)     8,515,000 7,522,000
Total Stockholders’ Equity (Deficit) (732,248,000)   (610,100,000) (139,216,000)   240,160,000     $ 8,515,000 49,326,000
Total Liabilities, Convertible Preferred Stock, and Stockholders’ Equity (Deficit) 926,970,000   1,086,522,000     3,299,717,000        
Aurora Acquisition Corp                    
Current assets:                    
Cash and cash equivalents 1,228,847   285,307     37,645        
Accounts Receivable 1,250,000   0     502,956        
Prepaid expenses and other current assets 75,959   133,876     526,674        
Total Current Assets 2,554,806   419,183     1,067,275        
Cash held in Trust Account 21,317,257   282,284,619     278,022,397        
Total Assets 23,872,063   282,703,802     279,089,672        
Current liabilities:                    
Accounts payable and accrued offering costs 3,604,839   4,711,990     5,682,639        
Deferred credit liability 16,250,000   7,500,000     0        
Total Current Liabilities 20,267,234   15,024,385     7,094,934        
Warrant Liability 480,601   472,512     13,340,717        
Deferred underwriting fee payable     0     8,505,100 $ 22,542,813 $ 8,505,100    
Total Liabilities 20,747,835   15,496,897     28,940,751        
Commitments and contingencies (see Note 11)                
Shareholders' Equity                    
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding 0   0     0        
Additional paid-in capital 54,851   18,389,006     13,692,181        
Retained earnings 866,886   2,188,367     (6,547,175)        
Total Stockholders’ Equity (Deficit) 922,616 $ 1,773,701 20,578,418 $ 17,976,555 $ 8,156,091 7,146,051       $ 5,000
Total Liabilities, Convertible Preferred Stock, and Stockholders’ Equity (Deficit) 23,872,063   282,703,802     279,089,672        
Aurora Acquisition Corp | Related party                    
Current liabilities:                    
Related party loans 412,395   2,812,395     1,412,295        
Class A ordinary share | Aurora Acquisition Corp                    
Shareholders' Equity                    
Ordinary shares 184   350     350        
Class A ordinary shares subject to possible redemption | Aurora Acquisition Corp                    
Current liabilities:                    
Class A ordinary shares subject to possible redemption, 212,598 and 24,300,287 shares at redemption value of $10.36 and $10.15 per share as of June 30, 2023 and December 31, 2022 2,201,612 $ 2,181,658 246,628,487     243,002,870        
Class B ordinary shares | Aurora Acquisition Corp                    
Shareholders' Equity                    
Ordinary shares $ 695   $ 695     $ 695