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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN REDEEMABLE PREFERRED STOCK, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND SHAREHOLDERS EQUITY - USD ($)
$ in Thousands
Redeemable convertible preferred stock
Preferred Stock
Redeemable preferred stock
Preferred Stock
Common Stock
Additional paid-in capital
Accumulated other comprehensive income (loss)
Accumulated deficit
Adoption of new accounting standard
Accumulated deficit
Adoption of new accounting standard
Total
Beginning balance at Dec. 31, 2020 $ 154,800 $ 10,735              
Beginning balance (in shares) at Dec. 31, 2020 209,529,798 3,500              
Beginning balance at Dec. 31, 2020     $ 486 $ 79,706 $ 4,174   $ (60,067)   $ 24,299
Beginning balance (in shares) at Dec. 31, 2020     48,608,176            
Reverse Recapitalization transaction $ (154,800)   $ 2,498 189,056         191,554
Reverse Recapitalization transaction (in shares) (209,529,798)   (249,792,546)            
PIPE financing     $ 300 279,885         280,185
PIPE financing (in shares)     30,000,000            
Redemption of Redeemable Preferred Stock   $ (10,735)   (29,069)         (29,069)
Redemption of Redeemable Preferred Stock (in shares)   (3,500)              
Exercise of options     $ 100 16,246         16,346
Exercise of options (in shares)     9,951,255            
Stock-based compensation       15,128         15,128
Other comprehensive income (loss), net of tax         (738)       (738)
Net income (loss)             (15,922)   (15,922)
Ending balance at Jun. 30, 2021     $ 3,384 550,952 3,436   (75,989)   481,783
Ending balance (in shares) at Jun. 30, 2021     338,351,977            
Beginning balance at Mar. 31, 2021 $ 154,800 $ 10,735              
Beginning balance (in shares) at Mar. 31, 2021 209,529,798 3,500              
Beginning balance at Mar. 31, 2021     $ 497 84,532 2,985   (63,575)   24,439
Beginning balance (in shares) at Mar. 31, 2021     49,697,982            
Reverse Recapitalization transaction $ (154,800)   $ 2,498 189,056         191,554
Reverse Recapitalization transaction (in shares) (209,529,798)   (249,792,546)            
PIPE financing     $ 300 279,885         280,185
PIPE financing (in shares)     30,000,000            
Redemption of Redeemable Preferred Stock   $ (10,735)   (29,069)         (29,069)
Redemption of Redeemable Preferred Stock (in shares)   (3,500)              
Exercise of options     $ 89 15,788         15,877
Exercise of options (in shares)     8,861,449            
Stock-based compensation       10,760         10,760
Other comprehensive income (loss), net of tax         451       451
Net income (loss)             (12,414)   (12,414)
Ending balance at Jun. 30, 2021     $ 3,384 550,952 3,436   (75,989)   481,783
Ending balance (in shares) at Jun. 30, 2021     338,351,977            
Beginning balance at Dec. 31, 2021     $ 3,404 575,470 2,253 $ (2,505) (94,054) $ (2,505) 487,073
Beginning balance (in shares) at Dec. 31, 2021     340,384,157            
Exercise of options     $ 60 11,252         11,312
Exercise of options (in shares)     6,055,137            
Stock-based compensation       25,275         25,275
Other comprehensive income (loss), net of tax         (2,858)       (2,858)
Net income (loss)             24,633   24,633
Ending balance at Jun. 30, 2022     $ 3,464 611,997 (605)   (71,926)   542,930
Ending balance (in shares) at Jun. 30, 2022     346,439,294            
Beginning balance at Mar. 31, 2022     $ 3,426 592,243 2,643   (76,348)   521,964
Beginning balance (in shares) at Mar. 31, 2022     342,596,367            
Exercise of options     $ 38 7,593         7,631
Exercise of options (in shares)     3,842,927            
Stock-based compensation       12,161         12,161
Other comprehensive income (loss), net of tax         (3,248)       (3,248)
Net income (loss)             4,422   4,422
Ending balance at Jun. 30, 2022     $ 3,464 $ 611,997 $ (605)   $ (71,926)   $ 542,930
Ending balance (in shares) at Jun. 30, 2022     346,439,294