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Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and cash equivalents $ 190,081,000 $ 18,334,000
Investments 32,332,000 0
Receivables 3,896,000 0
Prepaid and other current assets 874,000 241,000
Total current assets 227,183,000 18,575,000
Operating lease right-of-use assets 16,093,000 612,000
Property, plant, and equipment, net 4,102,000 575,000
Goodwill 4,204,000 0
Restricted cash 1,500,000 0
Other long-term assets 4,366,000 0
Total assets 257,448,000 19,762,000
LIABILITIES, CONVERTIBLE PREFERRED STOCK AND SHAREHOLDERS’ EQUITY (DEFICIT)    
Trade payables 4,645,000 307,000
Contract liabilities 513,000 0
Contract loss provisions 5,180,000 0
Debt, current portion 0 324,000
Accrued expenses and other current liabilities 6,974,000 525,000
Total current liabilities 17,312,000 1,156,000
Debt, net of current portion 35,000 87,000
Operating lease liabilities, net of current portion 14,183,000 403,000
Warrant liability 14,563,000 46,000
Other long-term liabilities 2,080,000 0
Total liabilities 48,173,000 1,692,000
Commitments and contingencies (see Note 13)
Convertible preferred stock – Preferred shares, $0.0001 par value; 10,000,000 shares authorized and no shares outstanding as of December 31, 2021; 121,348,911 shares authorized and 117,886,982 shares outstanding as of December 31, 2020 (see Note 4) 0 45,932,000
Shareholders’ equity (deficit)    
Common stock, $0.0001 par value; 500,000,000 shares authorized and 183,367,037 shares issued and outstanding (excluding restricted shares of 481,301) as of December 31, 2021; 320,000,000 shares authorized and 8,160,828 shares issued and outstanding as of December 31, 2020 (see Note 4) 18,000 1,000
Additional paid-in capital 380,624,000 1,309,000
Accumulated other comprehensive loss (4,000) 0
Accumulated deficit (171,363,000) (29,172,000)
Total shareholders’ equity (deficit) 209,275,000 (27,862,000)
Total liabilities, convertible preferred stock, and shareholders’ equity (deficit) $ 257,448,000 $ 19,762,000