CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||||
|---|---|---|---|---|---|---|
Jun. 30, 2024 |
Jun. 30, 2023 |
Jun. 30, 2024 |
Jun. 30, 2023 |
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| Revenue: | ||||||
| Total revenue | [1] | $ 25,540 | $ 19,825 | $ 47,208 | $ 38,406 | |
| Cost of revenue: | ||||||
| Total cost of revenue | 11,068 | 12,412 | 20,964 | 26,228 | ||
| Gross profit | 14,472 | 7,413 | 26,244 | 12,178 | ||
| Operating expenses: | ||||||
| Research and development | 5,722 | 6,395 | 11,927 | 11,784 | ||
| Sales and marketing | 16,892 | 13,613 | 32,897 | 26,417 | ||
| General and administrative | 14,185 | 10,874 | 26,025 | 19,800 | ||
| Loss from impairment of property and equipment | 0 | 157 | 0 | 294 | ||
| Total operating expenses | 36,799 | 31,039 | 70,849 | 58,295 | ||
| Loss from operations | (22,327) | (23,626) | (44,605) | (46,117) | ||
| Other income (expense), net: | ||||||
| Interest expense | 0 | 0 | 0 | (654) | ||
| Interest income | 681 | 1,853 | 1,766 | 2,806 | ||
| Other income (expense), net | (39) | (22) | (67) | (3) | ||
| Loss on extinguishment of debt | 0 | 0 | 0 | (626) | ||
| Change in fair value of contingent earn-out liability | 16,514 | (28,113) | 23,413 | (31,431) | ||
| Change in fair value of contingently issuable common stock liability | 3,747 | (5,095) | 4,274 | (5,837) | ||
| Change in fair value of public warrant liability | 4,886 | (11,751) | 7,037 | (13,501) | ||
| Total other income (expense), net | 25,789 | (43,128) | 36,423 | (49,246) | ||
| Net income (loss) | 3,462 | (66,754) | (8,182) | (95,363) | ||
| Net income (loss) attributable to common stockholders - basic | 3,421 | (66,754) | (8,182) | (95,363) | ||
| Net income (loss) attributable to common stockholders - diluted | $ 3,421 | $ (66,754) | $ (8,182) | $ (95,363) | ||
| Weighted average common shares outstanding | ||||||
| Basic (in shares) | 156,473,080 | 148,882,160 | 154,774,899 | 147,664,534 | ||
| Diluted (in shares) | 171,563,943 | 148,882,160 | 154,774,899 | 147,664,534 | ||
| Net income (loss) per share | ||||||
| Basic (in dollars per share) | $ 0.02 | $ (0.45) | $ (0.05) | $ (0.65) | ||
| Diluted (in dollars per share) | $ 0.02 | $ (0.45) | $ (0.05) | $ (0.65) | ||
| Net income (loss) | $ 3,462 | $ (66,754) | $ (8,182) | $ (95,363) | ||
| Other comprehensive income (loss) | ||||||
| Cumulative translation adjustment | 8 | (17) | 11 | (33) | ||
| Total other comprehensive income (loss) | 8 | (17) | 11 | (33) | ||
| Total comprehensive income (loss) | 3,470 | (66,771) | (8,171) | (95,396) | ||
| Product revenue | ||||||
| Revenue: | ||||||
| Total revenue | 2,044 | 7,243 | 2,647 | 15,997 | ||
| Cost of revenue: | ||||||
| Total cost of revenue | 3,149 | 7,722 | 5,926 | 18,300 | ||
| Subscription revenue | ||||||
| Revenue: | ||||||
| Total revenue | 15,903 | 7,964 | 30,406 | 14,430 | ||
| Cost of revenue: | ||||||
| Total cost of revenue | 6,436 | 3,406 | 12,215 | 5,757 | ||
| Service revenue | ||||||
| Revenue: | ||||||
| Total revenue | 5,553 | 3,905 | 10,937 | 6,691 | ||
| Cost of revenue: | ||||||
| Total cost of revenue | 1,311 | 1,014 | 2,522 | 1,597 | ||
| License fee and other revenue | ||||||
| Revenue: | ||||||
| Total revenue | 2,040 | 713 | 3,218 | 1,288 | ||
| Cost of revenue: | ||||||
| Total cost of revenue | $ 172 | $ 270 | $ 301 | $ 574 | ||
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- Definition The amount of change in fair value of public warrant liability. No definition available.
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- Definition The amount of increase (decrease) in fair value of contingent earnout liability No definition available.
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- Definition The amount of increase (decrease) in fair value of contingently issuable common stock liability. No definition available.
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The aggregate amount of write-downs for impairments recognized during the period for long lived assets held for use (including those held for disposal by means other than sale). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of interest expense classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities, and addition from assumption of issuance of common shares for dilutive potential common shares; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after tax and reclassification adjustments of other comprehensive income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of expense for research and development. Includes, but is not limited to, cost for computer software product to be sold, leased, or otherwise marketed and writeoff of research and development assets acquired in transaction other than business combination or joint venture formation or both. Excludes write-down of intangible asset acquired in business combination or from joint venture formation or both, used in research and development activity. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition The aggregate total amount of expenses directly related to the marketing or selling of products or services. No definition available.
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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