XML 12 R2.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 323,865 $ 18,698
Accounts receivable, net of allowance for doubtful accounts of $60 as of September 30, 2021 and $185 as of December 31, 2020 8,857 5,913
Inventory, net 5,549 2,900
Prepaid expenses and other current assets 3,599 2,465
Total current assets 341,870 29,976
Property and equipment, net 3,282 2,169
Intangible assets, net 11,608 1,088
Goodwill 1,739 1,739
Other assets and deposits 193 154
Total assets 358,692 35,126
Liabilities and stockholders' equity    
Accounts payable 5,365 4,554
Accrued expenses and other current liabilities 6,282 2,522
Intangible asset contract liability 2,499 2,270
Deferred revenue 377 1,665
Simple agreements for future equity ("SAFEs") 0 102,700
Current debt obligations 2,296 8,488
Total current liabilities 16,819 122,199
Long-term debt, net of current portion 0 12,345
Warrant liability 103,492 0
Earn-out liability 147,317 0
Intangible asset contract liability, net of current portion 9,316 400
Other long-term liabilities 2,401 1,674
Total liabilities 279,345 136,618
Commitments and contingencies (Note 17)
Stockholders' equity    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized; no shares issued or outstanding 0 0
Additional paid-in capital 271,738 43,155
Accumulated deficit (175,056) (153,264)
Accumulated other comprehensive loss 61 (209)
indie's stockholders' equity (deficit) 96,755 (110,312)
Noncontrolling interest (17,408) 8,820
Total stockholders' equity (deficit) 79,347 (101,492)
Total liabilities and stockholders' equity 358,692 35,126
Class A    
Stockholders' equity    
Common stock 9 3
Class V    
Stockholders' equity    
Common stock $ 3 $ 3