XML 16 R5.htm IDEA: XBRL DOCUMENT v3.24.1.u1
CONSOLIDATED STATEMENTS OF CHANGES IN CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS’ EQUITY (DEFICIT) - USD ($)
$ in Thousands
Total
Previously Reported, Before Reclassification
Previously Reported, After 2022 Adjustments
Recapitalization
Adjusted Balance
Common Stock
Common Stock
Previously Reported, Before Reclassification
Common Stock
Previously Reported, After 2022 Adjustments
Common Stock
Recapitalization
Common Stock
Adjusted Balance
Notes Receivables from Stockholders
Notes Receivables from Stockholders
Previously Reported, Before Reclassification
Notes Receivables from Stockholders
Previously Reported, After 2022 Adjustments
Notes Receivables from Stockholders
Adjusted Balance
Additional Paid-In Capital
Additional Paid-In Capital
Previously Reported, Before Reclassification
Additional Paid-In Capital
Previously Reported, After 2022 Adjustments
Additional Paid-In Capital
Recapitalization
Additional Paid-In Capital
Adjusted Balance
Accumulated Deficit
Accumulated Deficit
Previously Reported, Before Reclassification
Accumulated Deficit
Previously Reported, After 2022 Adjustments
Accumulated Deficit
Adjusted Balance
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
Previously Reported, Before Reclassification
Accumulated Other Comprehensive Loss
Previously Reported, After 2022 Adjustments
Accumulated Other Comprehensive Loss
Adjusted Balance
Beginning balance (in shares) at Dec. 31, 2021 332,314,737 108,721,433   223,593,304                                              
Beginning balance at Dec. 31, 2021 $ 436,280 $ 436,280                                                  
Ending balance (in shares) at Dec. 31, 2022 332,314,737 108,721,433 332,314,737 223,593,304 332,314,737                                            
Ending balance at Dec. 31, 2022 $ 436,280 $ 436,280 $ 436,280   $ 436,280                                            
Beginning balance (in shares) at Dec. 31, 2021           302,805,767 99,067,159   203,738,608                                    
Beginning balance at Dec. 31, 2021 242,571 242,571       $ 10 $ 10       $ (38,633) $ (38,633)     $ 571,878 $ 571,878       $ (290,579) $ (290,579)     $ (105) $ (105)    
Increase (Decrease) in Stockholders' Equity                                                      
Recognition of derivative liability related to earnout 0                                                    
Assumption of private & public placement warrants 0                                                    
Issuance of common stock for options exercised (in shares)           4,563,692                                          
Issuance of common stock for options exercised 14,544                           14,544                        
Cancellation of common stock (in shares)           (7,586,038)                                          
Cancellation of common stock (2,804)                           (2,804)                        
Stock-based compensation 34,493                           34,493                        
Vesting of common stock issued via notes receivable from stockholders (14,592)                   (14,592)                                
Net loss (877,077)                                     (877,077)              
Other comprehensive income (loss)— foreign currency translation adjustment, net of tax $ (1,318)                                             (1,318)      
Ending balance (in shares) at Dec. 31, 2022 299,783,421         98,078,356 98,078,356 299,783,421 201,705,065 299,783,421                                  
Ending balance at Dec. 31, 2022 $ (604,183) $ (604,183) $ (604,183)   $ (604,183)   $ 10 $ 10 $ 20 $ 30   (53,225) $ (53,225) $ (53,225)   618,111 $ 618,111 $ (20) $ 618,091   (1,167,656) $ (1,167,656) $ (1,167,656)   (1,423) $ (1,423) $ (1,423)
Increase (Decrease) in Stockholders' Equity                                                      
Issuance of common stock for options exercised (in shares)           133,645                                          
Issuance of common stock for options exercised 1,353                                                    
Cancellation of common stock (in shares)           (326,301)                                          
Cancellation of common stock (8)                                                    
Stock-based compensation 5,917                                                    
Shares issued for vested restricted stock units (in shares)           1,048,752                                          
Vesting of common stock issued via notes receivable from stockholders (2,210)                                                    
Net loss (87,626)                                                    
Ending balance (in shares) at Mar. 31, 2023           300,639,517                                          
Ending balance at Mar. 31, 2023 $ (686,949)                                                    
Beginning balance (in shares) at Dec. 31, 2022 332,314,737 108,721,433 332,314,737 223,593,304 332,314,737                                            
Beginning balance at Dec. 31, 2022 $ 436,280 $ 436,280 $ 436,280   $ 436,280                                            
Beginning balance (in shares) at Dec. 31, 2022 299,783,421         98,078,356 98,078,356 299,783,421 201,705,065 299,783,421                                  
Beginning balance at Dec. 31, 2022 $ (604,183) (604,183) $ (604,183)   (604,183)   $ 10 $ 10 $ 20 $ 30   (53,225) (53,225) (53,225)   618,111 618,111 (20) 618,091   (1,167,656) (1,167,656) (1,167,656)   (1,423) (1,423) (1,423)
Increase (Decrease) in Stockholders' Equity                                                      
Issuance of common stock for options exercised (in shares)           175,799                                          
Issuance of common stock for options exercised 2,206                                                    
Cancellation of common stock (in shares)           (453,329)                                          
Cancellation of common stock (8)                                                    
Stock-based compensation 10,822                                                    
Shares issued for vested restricted stock units (in shares)           1,206,226                                          
Vesting of common stock issued via notes receivable from stockholders (3,201)                                                    
Net loss (131,632)                                                    
Ending balance (in shares) at Jun. 30, 2023           300,712,117 98,370,492   202,305,863 300,676,355                                  
Ending balance at Jun. 30, 2023 $ (726,306) $ (726,306)     $ (726,306)                                            
Beginning balance (in shares) at Dec. 31, 2022 332,314,737 108,721,433 332,314,737 223,593,304 332,314,737                                            
Beginning balance at Dec. 31, 2022 $ 436,280 $ 436,280 $ 436,280   $ 436,280                                            
Beginning balance (in shares) at Dec. 31, 2022 299,783,421         98,078,356 98,078,356 299,783,421 201,705,065 299,783,421                                  
Beginning balance at Dec. 31, 2022 $ (604,183) $ (604,183) $ (604,183)   $ (604,183)   $ 10 $ 10 $ 20 $ 30   (53,225) (53,225) (53,225)   618,111 618,111 (20) 618,091   (1,167,656) (1,167,656) (1,167,656)   (1,423) (1,423) (1,423)
Increase (Decrease) in Stockholders' Equity                                                      
Issuance of common stock upon Business Combination close (in shares)           10,004,521                                          
Issuance of common stock upon Business Combination close 37,967                                                    
Transaction costs related to the Business Combination (18,178)                                                    
Issuance of common stock for options exercised (in shares)           1,734,280                                          
Issuance of common stock for options exercised 4,459                                                    
Cancellation of common stock (in shares)           (2,805,476)                                          
Cancellation of common stock (8)                                                    
Stock-based compensation 52,947                                                    
Shares issued for vested restricted stock units (in shares)           13,281,017                                          
Shares issued for vested restricted stock units 1                                                    
Vesting of common stock issued via notes receivable from stockholders (4,498)                                                    
Forgiveness of officer loans 988                                                    
Net loss (485,521)                                                    
Ending balance (in shares) at Sep. 30, 2023           750,966,726                                          
Ending balance at Sep. 30, 2023 $ 166,358                                                    
Beginning balance (in shares) at Dec. 31, 2022 332,314,737 108,721,433 332,314,737 223,593,304 332,314,737                                            
Beginning balance at Dec. 31, 2022 $ 436,280 $ 436,280 $ 436,280   $ 436,280                                            
Increase (Decrease) in Temporary Equity [Roll Forward]                                                      
Conversion of convertible preferred stock to common stock (in shares) (332,314,737)                                                    
Conversion of convertible preferred stock to common stock $ (436,280)                                                    
Ending balance (in shares) at Dec. 31, 2023 0                                                    
Ending balance at Dec. 31, 2023 $ 0                                                    
Beginning balance (in shares) at Dec. 31, 2022 299,783,421         98,078,356 98,078,356 299,783,421 201,705,065 299,783,421                                  
Beginning balance at Dec. 31, 2022 $ (604,183) (604,183) $ (604,183)   (604,183)   $ 10 $ 10 $ 20 $ 30   $ (53,225) $ (53,225) $ (53,225)   $ 618,111 $ 618,111 $ (20) $ 618,091   $ (1,167,656) $ (1,167,656) $ (1,167,656)   $ (1,423) $ (1,423) $ (1,423)
Increase (Decrease) in Stockholders' Equity                                                      
Conversion of convertible preferred stock to common stock (in shares)           332,314,737                                          
Conversion of convertible preferred stock to common stock 436,280         $ 33                 436,247                        
Conversion of pre-closing bridge notes to common stock (in shares)           105,000,000                                          
Conversion of pre-closing bridge notes to common stock 749,999         $ 11                 749,988                        
Issuance of common stock upon Business Combination close (in shares)           10,004,521                                          
Issuance of common stock upon Business Combination close 37,967         $ 1                 37,966                        
Exercise of warrants (in shares)           14,576,174                                          
Exercise of warrants 4,290         $ 1                 4,289                        
Transaction costs related to the Business Combination (17,173)                           (17,173)                        
Recognition of derivative liability related to earnout (548)                           (548)                        
Assumption of private & public placement warrants (1,276)                           (1,276)                        
Issuance of common stock for options exercised (in shares)           1,814,551                                          
Issuance of common stock for options exercised 656                           656                        
Cancellation of common stock (in shares)           (2,805,476)                                          
Cancellation of common stock (8)                           (8)                        
Stock-based compensation 58,284                           58,284                        
Tax withholding upon vesting of restricted stock units (5,966)                           (5,966)                        
Shares issued for vested restricted stock units (in shares)           14,007,377                                          
Shares issued for vested restricted stock units 1         $ 1                                          
Vesting of common stock issued via notes receivable from stockholders 0                   (3,561)       3,561                        
Forfeiture of shares (in shares)           (15,440,630)                                          
Forfeiture of shares 0         $ (2)         30,487       (30,485)                        
Forgiveness of officer loans 988                   988       0                        
Shares transferred in settlement of loans (in shares)           (7,481,314)                                          
Shares transferred in settlement of loans 0         $ (1)         15,200       (15,199)                        
Net loss (536,420)                                     (536,420)              
Other comprehensive income (loss)— foreign currency translation adjustment, net of tax $ (291)                                             (291)      
Ending balance (in shares) at Dec. 31, 2023 751,773,361         751,773,361                                          
Ending balance at Dec. 31, 2023 $ 122,600         $ 74         $ (10,111)       $ 1,838,427         $ (1,704,076)       $ (1,714)      
Beginning balance (in shares) at Jun. 30, 2023           300,712,117 98,370,492   202,305,863 300,676,355                                  
Beginning balance at Jun. 30, 2023 (726,306) $ (726,306)     $ (726,306)                                            
Increase (Decrease) in Stockholders' Equity                                                      
Issuance of common stock upon Business Combination close (in shares)           10,004,521                                          
Issuance of common stock upon Business Combination close 37,967                                                    
Transaction costs related to the Business Combination (18,178)                                                    
Issuance of common stock for options exercised (in shares)           1,734,280                                          
Issuance of common stock for options exercised 2,253                                                    
Cancellation of common stock (in shares)           (2,805,476)                                          
Stock-based compensation 42,125                                                    
Shares issued for vested restricted stock units (in shares)           12,352,321                                          
Vesting of common stock issued via notes receivable from stockholders (1,297)                                                    
Forgiveness of officer loans 988                                                    
Net loss (353,889)                                                    
Ending balance (in shares) at Sep. 30, 2023           750,966,726                                          
Ending balance at Sep. 30, 2023 $ 166,358