Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 229,783 $ 307,492
Restricted cash 0 400
Accounts receivable, net 31,920 6,477
Inventory 10,257 2,890
Current portion of contract assets 2,852 1,459
Current portion of commission asset 3,384 1,645
Prepaid expenses and other current assets 14,388 10,757
Total current assets 292,584 331,120
Restricted cash, noncurrent 275 275
Contract assets, noncurrent 1,386 3,418
Commission asset, noncurrent 5,655 3,719
Property and equipment, net 44,707 23,783
Operating lease right-of-use assets 1,673 0
Other assets 1,835 542
Total assets 348,115 362,857
Current liabilities:    
Accounts payable 18,194 6,045
Accrued expenses and other current liabilities 11,545 9,551
Current portion of deferred revenue 18,273 6,599
Current portion of deferred rent 0 135
Current portion of long-term debt 10,000 2,000
Current portion of operating lease liabilities 1,114 0
Total current liabilities 59,126 24,330
Deferred revenue, noncurrent 17,695 2,475
Deferred rent, noncurrent 0 333
Long-term debt, noncurrent 19,683 7,945
Operating lease liabilities, noncurrent 892 0
Contingent earn-out liability 14,218 21,206
Contingently issuable common stock liability 3,392 5,264
Public warrant liability 6,124 11,030
Total liabilities 121,130 72,583
Commitments and contingencies (Note 20)
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 100,000,000 authorized at December 31, 2022 and December 31, 2021; no shares issued and outstanding at December 31, 2022 and December 31, 2021 0 0
Common stock, $0.0001 par value; 1,100,000,000 shares authorized at December 31, 2022 and December 31, 2021, 145,204,974 and 142,745,021 shares issued and outstanding at December 31, 2022 and December 31, 2021, respectively 15 14
Additional paid-in capital 419,190 396,064
Accumulated other comprehensive income (loss) (10) 0
Accumulated deficit (192,210) (105,804)
Stockholders’ equity 226,985 290,274
Total liabilities and stockholders’ equity $ 348,115 $ 362,857