Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

v3.23.1
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Revenue:    
Revenue $ 55,195 $ 23,393
Cost of revenue:    
Total cost of revenue 53,466 19,364
Gross profit 1,729 4,029
Operating expenses:    
Research and development 18,771 11,458
Sales and marketing 46,639 26,099
General and administrative 37,719 19,869
Loss from impairment of property and equipment 1,161 1,869
Total operating expenses 104,290 59,295
Loss from operations (102,561) (55,266)
Other income (expense), net:    
Interest expense (712) (6,068)
Interest income 3,165 0
Other expense, net (64) (617)
Loss on extinguishment of debt 0 (12,685)
Change in fair value of derivative liability 0 (1,745)
Change in fair value of contingent earn-out liability 6,988 47,360
Change in fair value of contingently issuable common stock liability 1,872 6,406
Change in fair value of public warrant liability 4,906 12,606
Change in fair value of common stock warrant liability 0 (879)
Total other income (expense), net 16,155 44,378
Net loss $ (86,406) $ (10,888)
Weighted average common shares outstanding - basic (in shares) 143,858,668 71,662,694
Weighted average common shares outstanding - diluted (in shares) 143,858,668 71,662,694
Net loss per share - basic (in dollars per share) $ (0.60) $ (0.15)
Net loss per share - diluted (in dollars per share) $ (0.60) $ (0.15)
Net income (loss) $ (86,406) $ (10,888)
Other comprehensive income (loss)    
Cumulative translation adjustment (10) 0
Total other comprehensive income (loss) (10) 0
Total comprehensive income (loss) (86,416) (10,888)
Product revenue    
Revenue:    
Revenue 31,985 13,631
Cost of revenue:    
Total cost of revenue 41,575 12,279
Subscription revenue    
Revenue:    
Revenue 17,569 7,803
Cost of revenue:    
Total cost of revenue 7,469 4,501
Service revenue    
Revenue:    
Revenue 5,641 1,959
Cost of revenue:    
Total cost of revenue $ 4,422 $ 2,584