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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Revenue:    
Total revenue $ 48,412 $ 22,610
Operating expenses:    
Cost of goods sold 28,703 13,042
Research and development 58,117 22,013
Selling, general, and administrative 36,384 6,796
Total operating expenses 123,204 41,851
Loss from operations (74,792) (19,241)
Other income (expense), net:    
Interest income 49 25
Interest expense (1,239) (2,193)
Gain (loss) from change in fair value of SAFEs 21,600 (76,935)
Gain (loss) from change in fair value of warrants (26,060) 0
Gain (loss) from change in fair value of earn-out liabilities (38,838) (220)
Gain (loss) from extinguishment of debt 304 0
Other income (expense) 42 229
Total other expense, net (44,142) (79,094)
Net loss before income taxes (118,934) (98,335)
Income tax benefit (provision) 327 (29)
Net loss (118,607) (98,364)
Less: Net loss attributable to noncontrolling interest (30,563) (866)
Net loss attributable to indie Semiconductor, Inc. (88,044) (97,498)
Net loss attributable to common shares —basic (88,044) (97,498)
Net loss attributable to common shares —diluted $ (88,044) $ (97,498)
Net loss per share attributable to common shares - basic (in dollars per share) $ (1.26) $ (3.12)
Net loss per share attributable to common shares —diluted (in dollars per share) $ (1.26) $ (3.12)
Weighted average common shares outstanding - basic (in shares) [1] 70,012,112 31,244,414
Weighted average common shares outstanding - diluted (in shares) [1] 70,012,112 31,244,414
Product revenue    
Revenue:    
Total revenue $ 43,796 $ 19,488
Contract revenue    
Revenue:    
Total revenue $ 4,616 $ 3,122
[1] (1) Retroactively restated to give effect to the reverse recapitalization.