XML 23 R4.htm IDEA: XBRL DOCUMENT v3.24.1.u1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 23,476 $ 76,528
Restricted cash 0 126
Accounts receivable, net of allowance of $126 and $3,237, respectively 901 1,388
Prepaid expenses and other current assets 2,173 3,198
Total current assets 26,550 81,240
Property and equipment, net 41,130 47,981
Operating lease right-of-use assets 3,195 8,171
Other non-current assets 5,507 6,463
Total assets 76,382 143,855
Current liabilities    
Accounts payable 7,935 9,850
Warrant liabilities 2,795 8,335
Earnout liabilities 419 1,353
Operating lease liabilities 2,143 2,176
Contract liabilities 3,728 1,941
Accrued expenses and other liabilities 4,372 6,417
Total current liabilities 21,392 30,072
Operating lease liabilities 1,789 6,063
Contract liabilities 1,000 1,000
Other non-current liabilities 526 522
Total liabilities 24,707 37,657
Commitments and contingencies (Note 20)
Stockholders' equity    
Preferred stock, $0.0001 par value 0 0
Ordinary Shares, $0.0001 par value, unlimited shares authorized, 77,289,166 Class A ordinary shares issued and 76,721,343 shares outstanding; and 13,582,642 convertible Class B ordinary shares issued and outstanding as of December 31, 2023 and 76,180,618 Class A ordinary shares issued and 75,612,795 shares outstanding and 13,582,642 convertible Class B ordinary shares issued and outstanding as of December 31, 2022 0 0
Treasury stock, at cost, 567,823 shares as of December 31, 2023 and 567,823 shares as of December 31, 2022 (8,603) (8,603)
Additional paid-in capital 344,144 337,928
Accumulated other comprehensive loss (33) (312)
Retained earnings (accumulated deficit) (283,833) (222,815)
Total stockholders’ equity 51,675 106,198
Total liabilities and stockholders' equity $ 76,382 $ 143,855