Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 307,492 $ 4,704
Restricted cash 400  
Accounts receivable, net 6,477 1,401
Inventory 5,140 2,742
Current portion of contract assets 1,459 0
Current portion of commission asset 1,645 562
Prepaid expenses and other current assets 11,047 900
Total current assets 333,660 10,309
Restricted cash, noncurrent 275  
Contract assets, noncurrent 3,418 0
Commission asset, noncurrent 3,719 1,730
Property and equipment, net 21,592 9,316
Other assets 401  
Total assets 363,065 21,355
Current liabilities:    
Accounts payable 6,363 4,437
Accrued expenses and other current liabilities 9,183 3,727
Current portion of deferred revenue 6,690 3,717
Current portion of deferred rent 135 11
Current portion of financing obligation   227
Current portion of long-term debt 2,000  
Total current liabilities 24,371 12,119
Deferred revenue, noncurrent 2,475 480
Deferred rent, noncurrent 333  
Financing obligation, noncurrent   132
Long-term debt, noncurrent 7,945 16,432
Derivative liability   1,000
Contingent earn-out liability 20,809  
Contingently issuable common stock liability 5,264  
Public warrant liability 11,030  
Common stock warrant liability   1
Total liabilities 72,227 30,164
Commitments and contingencies (Note 17)
Convertible preferred stock; (Series A, A-1, B, and B-1), $0.001 par value; 0 and 207,390,039 shares authorized at December 31, 2021 and December 31, 2020, respectively; 0 and 77,340,057 shares issued and outstanding at December 31, 2021 and December 31, 2020, respectively; liquidation preference of $0 and $77,100 at December 31, 2021 and December 31, 2020, respectively   75,877
Stockholders' equity (deficit):    
Common stock, $0.0001 par value; 1,100,000,000 and 305,491,899 shares authorized at December 31, 2021 and December 31, 2020, respectively; 142,745,021 and 9,846,830 shares issued and outstanding at December 31, 2021 and December 31, 2020, respectively 14 1
Additional paid-in capital 395,563 9,194
Accumulated deficit (104,739) (93,881)
Stockholders' equity (deficit) 290,838 (84,686)
Total liabilities, convertible preferred stock and stockholders' equity (deficit) $ 363,065 $ 21,355