CONSOLIDATED STATEMENTS OF CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' DEFICIT - USD ($)
|
Evolv Technologies Holdings, Inc.
Common Stock
Adoption of ASU 2018-07 and ASU 2019-08 (Note 1)
|
Evolv Technologies Holdings, Inc.
Common Stock
|
Evolv Technologies Holdings, Inc.
Additional Paid-in Capital
|
Evolv Technologies Holdings, Inc.
Accumulated Deficit
|
Evolv Technologies Holdings, Inc.
Adoption of ASU 2018-07 and ASU 2019-08 (Note 1)
|
Evolv Technologies Holdings, Inc. |
Additional Paid-in Capital |
Accumulated Deficit |
Total |
Balance at the beginning at Dec. 31, 2018 |
|
|
|
|
|
$ 43,441,000
|
|
|
|
Balance at the beginning (in shares) at Dec. 31, 2018 |
|
|
|
|
|
114,375,397
|
|
|
|
Convertible Preferred Stock [Abstract] |
|
|
|
|
|
|
|
|
|
Issuance of Series B-1 convertible preferred stock, net of issuance costs of $938 |
|
|
|
|
|
$ 22,363,000
|
|
|
|
Issuance of Series B-1 convertible preferred stock, net of issuance costs of $105 (in shares) |
|
|
|
|
|
63,785,925
|
|
|
|
Conversion of convertible note into Series B-1 convertible preferred stock |
|
|
|
|
|
$ 6,595,000
|
|
|
|
Conversion of convertible note into Series B-1 convertible preferred stock (in shares) |
|
|
|
|
|
18,056,296
|
|
|
|
Balance at the end at Dec. 31, 2019 |
|
|
|
|
$ (484,000)
|
$ 72,883,000
|
|
|
|
Balance at the end (in shares) at Dec. 31, 2019 |
|
|
|
|
484
|
196,217,618
|
|
|
196,217,618
|
Balance at the beginning at Dec. 31, 2018 |
|
$ 23,000
|
$ 8,145,000
|
$ (46,632,000)
|
|
$ (38,464,000)
|
|
|
|
Balance at the beginning (in shares) at Dec. 31, 2018 |
|
22,499,825
|
|
|
|
|
|
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Issuance of warrants to purchase common stock |
|
|
3,000
|
|
|
3,000
|
|
|
|
Issuance of common stock upon exercise of stock options |
|
$ 0
|
28,000
|
|
|
28,000
|
|
|
|
Issuance of common stock upon exercise of stock options (in shares) |
|
309,333
|
|
|
|
|
|
|
|
Stock-based compensation expense |
|
|
264,000
|
|
|
264,000
|
|
|
|
Net loss attributable to common stockholders - basic and diluted |
|
|
|
(19,857,000)
|
|
(19,857,000)
|
|
|
|
Balance at the end at Dec. 31, 2019 |
|
$ 23,000
|
7,956,000
|
(66,489,000)
|
|
(58,510,000)
|
|
|
|
Balance at the end (in shares) at Dec. 31, 2019 |
(484)
|
22,809,158
|
|
|
|
|
|
|
|
Convertible Preferred Stock [Abstract] |
|
|
|
|
|
|
|
|
|
Issuance of Series B-1 convertible preferred stock, net of issuance costs of $938 |
|
|
|
|
|
$ 2,994,000
|
|
|
|
Issuance of Series B-1 convertible preferred stock, net of issuance costs of $105 (in shares) |
|
|
|
|
|
8,486,175
|
|
|
|
Balance at the end at Mar. 31, 2020 |
|
|
|
|
|
$ 75,877,000
|
|
|
|
Balance at the end (in shares) at Mar. 31, 2020 |
|
|
|
|
|
204,703,793
|
|
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Issuance of warrants to purchase common stock |
|
|
45,000
|
|
|
$ 45,000
|
|
|
|
Issuance of common stock upon exercise of stock options |
|
$ 1,000
|
66,000
|
|
|
67,000
|
|
|
|
Issuance of common stock upon exercise of stock options (in shares) |
|
744,710
|
|
|
|
|
|
|
|
Stock-based compensation expense |
|
|
62,000
|
|
|
62,000
|
|
|
|
Net loss attributable to common stockholders - basic and diluted |
|
|
|
(6,430,000)
|
|
(6,430,000)
|
|
|
|
Balance at the end at Mar. 31, 2020 |
|
$ 24,000
|
8,129,000
|
(72,919,000)
|
|
(64,766,000)
|
$ 25,000
|
|
$ 25,000
|
Balance at the end (in shares) at Mar. 31, 2020 |
|
23,553,868
|
|
|
|
|
|
|
|
Balance at the beginning at Dec. 31, 2019 |
|
|
|
|
$ (484,000)
|
$ 72,883,000
|
|
|
|
Balance at the beginning (in shares) at Dec. 31, 2019 |
|
|
|
|
484
|
196,217,618
|
|
|
196,217,618
|
Balance at the end at Jun. 30, 2020 |
|
|
|
|
|
$ 75,877,000
|
|
|
|
Balance at the end (in shares) at Jun. 30, 2020 |
|
|
|
|
|
204,703,793
|
|
|
|
Balance at the beginning at Dec. 31, 2019 |
|
$ 23,000
|
7,956,000
|
(66,489,000)
|
|
$ (58,510,000)
|
|
|
|
Balance at the beginning (in shares) at Dec. 31, 2019 |
(484)
|
22,809,158
|
|
|
|
|
|
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Issuance of warrants to purchase common stock |
|
|
|
|
|
45,000
|
|
|
|
Net loss attributable to common stockholders - basic and diluted |
|
|
|
|
|
(11,534,000)
|
|
|
|
Balance at the end at Jun. 30, 2020 |
|
$ 24,000
|
8,192,000
|
(78,023,000)
|
|
(69,807,000)
|
25,000
|
$ (2,000)
|
$ 23,000
|
Balance at the end (in shares) at Jun. 30, 2020 |
|
23,583,034
|
|
|
|
|
|
|
|
Balance at the beginning at Dec. 31, 2019 |
|
|
|
|
$ (484,000)
|
$ 72,883,000
|
|
|
|
Balance at the beginning (in shares) at Dec. 31, 2019 |
|
|
|
|
484
|
196,217,618
|
|
|
196,217,618
|
Convertible Preferred Stock [Abstract] |
|
|
|
|
|
|
|
|
|
Issuance of Series B-1 convertible preferred stock, net of issuance costs of $938 |
|
|
|
|
|
$ 2,994,000
|
|
|
|
Issuance of Series B-1 convertible preferred stock, net of issuance costs of $105 (in shares) |
|
|
|
|
|
8,486,175
|
|
|
|
Balance at the end at Dec. 31, 2020 |
|
|
|
|
|
$ 75,877,000
|
|
|
$ 140,774,000
|
Balance at the end (in shares) at Dec. 31, 2020 |
|
|
|
|
|
204,703,793
|
|
|
14,077,350
|
Balance at the beginning at Dec. 31, 2019 |
|
$ 23,000
|
7,956,000
|
(66,489,000)
|
|
$ (58,510,000)
|
|
|
|
Balance at the beginning (in shares) at Dec. 31, 2019 |
(484)
|
22,809,158
|
|
|
|
|
|
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Issuance of warrants to purchase common stock |
|
|
112,000
|
|
|
112,000
|
|
|
|
Issuance of common stock upon exercise of stock options |
|
$ 3,000
|
439,000
|
|
|
$ 442,000
|
|
|
|
Issuance of common stock upon exercise of stock options (in shares) |
|
3,236,374
|
|
|
|
3,236,374
|
|
|
|
Stock-based compensation expense |
|
|
662,000
|
|
|
$ 662,000
|
|
|
|
Net loss attributable to common stockholders - basic and diluted |
|
|
(27,392,000)
|
(27,392,000)
|
|
(27,392,000)
|
|
|
|
Balance at the end at Dec. 31, 2020 |
|
$ 26,000
|
9,169,000
|
(93,881,000)
|
|
(84,686,000)
|
16,912,000
|
(11,912,000)
|
$ 5,000,000
|
Balance at the end (in shares) at Dec. 31, 2020 |
|
26,045,532
|
|
|
|
|
|
|
|
Balance at the end at Jun. 30, 2020 |
|
|
|
|
|
$ 75,877,000
|
|
|
|
Balance at the end (in shares) at Jun. 30, 2020 |
|
|
|
|
|
204,703,793
|
|
|
|
Balance at the beginning at Jan. 23, 2020 |
|
|
|
|
|
|
0
|
0
|
0
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Net loss attributable to common stockholders - basic and diluted |
|
|
|
|
|
|
|
(2,000)
|
(2,000)
|
Balance at the end at Jun. 30, 2020 |
|
$ 24,000
|
8,192,000
|
(78,023,000)
|
|
$ (69,807,000)
|
25,000
|
(2,000)
|
23,000
|
Balance at the end (in shares) at Jun. 30, 2020 |
|
23,583,034
|
|
|
|
|
|
|
|
Balance at the end at Dec. 31, 2020 |
|
|
|
|
|
$ 75,877,000
|
|
|
$ 140,774,000
|
Balance at the end (in shares) at Dec. 31, 2020 |
|
|
|
|
|
204,703,793
|
|
|
14,077,350
|
Balance at the beginning at Jan. 23, 2020 |
|
|
|
|
|
|
0
|
0
|
$ 0
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Issuance of warrants to purchase common stock |
|
|
|
|
|
|
1,336,000
|
|
1,336,000
|
Net loss attributable to common stockholders - basic and diluted |
|
|
|
|
|
|
|
(11,912,000)
|
(11,912,000)
|
Balance at the end at Dec. 31, 2020 |
|
$ 26,000
|
9,169,000
|
(93,881,000)
|
|
$ (84,686,000)
|
16,912,000
|
(11,912,000)
|
5,000,000
|
Balance at the end (in shares) at Dec. 31, 2020 |
|
26,045,532
|
|
|
|
|
|
|
|
Balance at the beginning at Mar. 31, 2020 |
|
|
|
|
|
$ 75,877,000
|
|
|
|
Balance at the beginning (in shares) at Mar. 31, 2020 |
|
|
|
|
|
204,703,793
|
|
|
|
Balance at the end at Jun. 30, 2020 |
|
|
|
|
|
$ 75,877,000
|
|
|
|
Balance at the end (in shares) at Jun. 30, 2020 |
|
|
|
|
|
204,703,793
|
|
|
|
Balance at the beginning at Mar. 31, 2020 |
|
$ 24,000
|
8,129,000
|
(72,919,000)
|
|
$ (64,766,000)
|
25,000
|
|
25,000
|
Balance at the beginning (in shares) at Mar. 31, 2020 |
|
23,553,868
|
|
|
|
|
|
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Issuance of common stock upon exercise of stock options |
|
|
3,000
|
|
|
3,000
|
|
|
|
Issuance of common stock upon exercise of stock options (in shares) |
|
29,166
|
|
|
|
|
|
|
|
Stock-based compensation expense |
|
|
60,000
|
|
|
60,000
|
|
|
|
Net loss attributable to common stockholders - basic and diluted |
|
|
|
(5,104,000)
|
|
(5,104,000)
|
|
(2,000)
|
(2,000)
|
Balance at the end at Jun. 30, 2020 |
|
$ 24,000
|
8,192,000
|
(78,023,000)
|
|
(69,807,000)
|
25,000
|
(2,000)
|
23,000
|
Balance at the end (in shares) at Jun. 30, 2020 |
|
23,583,034
|
|
|
|
|
|
|
|
Balance at the beginning at Dec. 31, 2020 |
|
|
|
|
|
$ 75,877,000
|
|
|
$ 140,774,000
|
Balance at the beginning (in shares) at Dec. 31, 2020 |
|
|
|
|
|
204,703,793
|
|
|
14,077,350
|
Balance at the end at Mar. 31, 2021 |
|
|
|
|
|
$ 75,877,000
|
|
|
|
Balance at the end (in shares) at Mar. 31, 2021 |
|
|
|
|
|
204,703,793
|
|
|
|
Balance at the beginning at Dec. 31, 2020 |
|
$ 26,000
|
9,169,000
|
(93,881,000)
|
|
$ (84,686,000)
|
16,912,000
|
(11,912,000)
|
$ 5,000,000
|
Balance at the beginning (in shares) at Dec. 31, 2020 |
|
26,045,532
|
|
|
|
|
|
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Issuance of warrants to purchase common stock |
|
|
1,000
|
|
|
1,000
|
|
|
|
Issuance of common stock upon exercise of stock options |
|
$ 4,000
|
451,000
|
|
|
455,000
|
|
|
|
Issuance of common stock upon exercise of stock options (in shares) |
|
4,137,451
|
|
|
|
|
|
|
|
Stock-based compensation expense |
|
|
1,082,000
|
|
|
1,082,000
|
|
|
|
Net loss attributable to common stockholders - basic and diluted |
|
|
|
(13,755,000)
|
|
(13,755,000)
|
|
|
|
Balance at the end at Mar. 31, 2021 |
|
$ 30,000
|
10,703,000
|
(107,636,000)
|
|
(96,903,000)
|
20,994,000
|
(15,994,000)
|
5,000,000
|
Balance at the end (in shares) at Mar. 31, 2021 |
|
30,182,983
|
|
|
|
|
|
|
|
Balance at the beginning at Dec. 31, 2020 |
|
|
|
|
|
$ 75,877,000
|
|
|
$ 140,774,000
|
Balance at the beginning (in shares) at Dec. 31, 2020 |
|
|
|
|
|
204,703,793
|
|
|
14,077,350
|
Balance at the end at Jun. 30, 2021 |
|
|
|
|
|
$ 75,877,000
|
|
|
$ 129,066,000
|
Balance at the end (in shares) at Jun. 30, 2021 |
|
|
|
|
|
204,703,793
|
|
|
12,906,585
|
Balance at the beginning at Dec. 31, 2020 |
|
$ 26,000
|
9,169,000
|
(93,881,000)
|
|
$ (84,686,000)
|
16,912,000
|
(11,912,000)
|
$ 5,000,000
|
Balance at the beginning (in shares) at Dec. 31, 2020 |
|
26,045,532
|
|
|
|
|
|
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Issuance of common stock upon exercise of stock options (in shares) |
|
|
|
|
|
5,523,538
|
|
|
|
Net loss attributable to common stockholders - basic and diluted |
|
|
|
|
|
$ (36,126,000)
|
|
(11,708,000)
|
(11,708,000)
|
Balance at the end at Jun. 30, 2021 |
|
$ 35,000
|
11,435,000
|
(130,007,000)
|
|
(118,537,000)
|
28,620,000
|
(23,620,000)
|
5,000,000
|
Balance at the end (in shares) at Jun. 30, 2021 |
|
35,342,394
|
|
|
|
|
|
|
|
Balance at the beginning at Mar. 31, 2021 |
|
|
|
|
|
$ 75,877,000
|
|
|
|
Balance at the beginning (in shares) at Mar. 31, 2021 |
|
|
|
|
|
204,703,793
|
|
|
|
Balance at the end at Jun. 30, 2021 |
|
|
|
|
|
$ 75,877,000
|
|
|
$ 129,066,000
|
Balance at the end (in shares) at Jun. 30, 2021 |
|
|
|
|
|
204,703,793
|
|
|
12,906,585
|
Balance at the beginning at Mar. 31, 2021 |
|
$ 30,000
|
10,703,000
|
(107,636,000)
|
|
$ (96,903,000)
|
20,994,000
|
(15,994,000)
|
$ 5,000,000
|
Balance at the beginning (in shares) at Mar. 31, 2021 |
|
30,182,983
|
|
|
|
|
|
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Issuance of common stock upon exercise of stock options |
|
$ 5,000
|
197,000
|
|
|
202,000
|
|
|
|
Issuance of common stock upon exercise of stock options (in shares) |
|
5,159,411
|
|
|
|
|
|
|
|
Stock-based compensation expense |
|
|
535,000
|
|
|
535,000
|
|
|
|
Net loss attributable to common stockholders - basic and diluted |
|
|
|
(22,371,000)
|
|
(22,371,000)
|
|
(7,626,000)
|
(7,626,000)
|
Balance at the end at Jun. 30, 2021 |
|
$ 35,000
|
$ 11,435,000
|
$ (130,007,000)
|
|
$ (118,537,000)
|
$ 28,620,000
|
$ (23,620,000)
|
$ 5,000,000
|
Balance at the end (in shares) at Jun. 30, 2021 |
|
35,342,394
|
|
|
|
|
|
|
|