Quarterly report pursuant to Section 13 or 15(d)

Revision of Prior Period Financial Statements - Revised Condensed Consolidated Statements of Cash Flows (Details)

v3.23.1
Revision of Prior Period Financial Statements - Revised Condensed Consolidated Statements of Cash Flows (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net loss $ (28,609) $ (13,801)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,815 1,086
Write-off of inventory 214 324
Adjustment to property and equipment for sales type leases 0 (625)
Loss from impairment of property and equipment 137 96
Stock-based compensation 5,043 3,927
Non-cash interest expense 22 5
Non-cash lease expense 214 197
Change in fair value of contingent earn-out liability 3,318 (3,078)
Change in fair value of contingently issuable common stock liability 742 (1,472)
Change in fair value of public warrant liability 1,750 (5,586)
Changes in operating assets and liabilities    
Accounts receivable 8,640 (2,112)
Inventory 1,418 (1,310)
Commission assets (644) (351)
Contract assets 258 108
Other assets (130) 141
Prepaid expenses and other current assets (25) (5,571)
Accounts payable (2,213) (855)
Deferred revenue 8,757 2,577
Deferred rent   0
Accrued expenses and other current liabilities (4,637) (2,433)
Operating lease liability (254) (697)
Net cash used in operating activities (3,434) (29,430)
Cash flows from investing activities:    
Development of internal-use software (733) (728)
Purchases of property and equipment (13,365) (6,689)
Net cash used in investing activities (14,038) (7,417)
Cash flows from financing activities:    
Proceeds from exercise of stock options 33 227
Net cash provided by (used in) financing activities (30,299) 227
Net increase (decrease) in cash, cash equivalents and restricted cash (47,787) (36,620)
Cash, cash equivalents and restricted cash    
Cash, cash equivalents and restricted cash at beginning of period 230,058 308,167
Cash, cash equivalents and restricted cash at end of period 182,271 271,547
Supplemental disclosure of cash flow information    
Transfer of property and equipment to inventory 191 0
Capital expenditures incurred but not yet paid $ 10,648 2,391
As Previously Reported    
Cash flows from operating activities:    
Net loss   (14,551)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization   948
Write-off of inventory   324
Adjustment to property and equipment for sales type leases   (321)
Loss from impairment of property and equipment   96
Stock-based compensation   5,190
Non-cash interest expense   5
Non-cash lease expense   197
Change in fair value of contingent earn-out liability   (4,226)
Change in fair value of contingently issuable common stock liability   (1,472)
Change in fair value of public warrant liability   (5,586)
Changes in operating assets and liabilities    
Accounts receivable   (2,112)
Inventory   (6,985)
Commission assets   (351)
Contract assets   108
Other assets   0
Prepaid expenses and other current assets   (5,280)
Accounts payable   (1,867)
Deferred revenue   2,778
Deferred rent   (468)
Accrued expenses and other current liabilities   (2,065)
Operating lease liability   (229)
Net cash used in operating activities   (35,867)
Cash flows from investing activities:    
Development of internal-use software   (646)
Purchases of property and equipment   (323)
Net cash used in investing activities   (969)
Cash flows from financing activities:    
Proceeds from exercise of stock options   216
Net cash provided by (used in) financing activities   216
Net increase (decrease) in cash, cash equivalents and restricted cash   (36,620)
Cash, cash equivalents and restricted cash    
Cash, cash equivalents and restricted cash at beginning of period   308,167
Cash, cash equivalents and restricted cash at end of period   271,547
Supplemental disclosure of cash flow information    
Transfer of property and equipment to inventory   4,620
Capital expenditures incurred but not yet paid   1,693
Adjustment    
Cash flows from operating activities:    
Net loss   750
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization   138
Write-off of inventory   0
Adjustment to property and equipment for sales type leases   (304)
Loss from impairment of property and equipment   0
Stock-based compensation   (1,263)
Non-cash interest expense   0
Non-cash lease expense   0
Change in fair value of contingent earn-out liability   1,148
Change in fair value of contingently issuable common stock liability   0
Change in fair value of public warrant liability   0
Changes in operating assets and liabilities    
Accounts receivable   0
Inventory   5,675
Commission assets   0
Contract assets   0
Other assets   141
Prepaid expenses and other current assets   (291)
Accounts payable   1,012
Deferred revenue   (201)
Deferred rent   468
Accrued expenses and other current liabilities   (368)
Operating lease liability   (468)
Net cash used in operating activities   6,437
Cash flows from investing activities:    
Development of internal-use software   (82)
Purchases of property and equipment   (6,366)
Net cash used in investing activities   (6,448)
Cash flows from financing activities:    
Proceeds from exercise of stock options   11
Net cash provided by (used in) financing activities   11
Net increase (decrease) in cash, cash equivalents and restricted cash   0
Cash, cash equivalents and restricted cash    
Cash, cash equivalents and restricted cash at beginning of period   0
Cash, cash equivalents and restricted cash at end of period   0
Supplemental disclosure of cash flow information    
Transfer of property and equipment to inventory   (4,620)
Capital expenditures incurred but not yet paid   $ 698