Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 218,499 $ 307,492
Restricted cash 400 400
Accounts receivable, net 21,199 6,477
Inventory 6,732 2,890
Current portion of contract assets 5,291 1,459
Current portion of commission asset 2,413 1,645
Prepaid expenses and other current assets 20,223 10,757
Total current assets 274,757 331,120
Restricted cash, noncurrent 275 275
Contract assets, noncurrent 1,524 3,418
Commission asset, noncurrent 4,607 3,719
Property and equipment, net 40,532 23,783
Operating lease right-of-use assets 1,882 0
Other assets 2,045 542
Total assets 325,622 362,857
Current liabilities:    
Accounts payable 11,139 6,045
Accrued expenses and other current liabilities 8,884 9,551
Current portion of deferred revenue 15,852 6,599
Current portion of deferred rent 0 135
Current portion of long-term debt 4,000 2,000
Current portion of operating lease liabilities 1,106 0
Total current liabilities 40,981 24,330
Deferred revenue, noncurrent 9,234 2,475
Deferred rent, noncurrent 0 333
Long-term debt, noncurrent 4,959 7,945
Operating lease liabilities, noncurrent 1,147 0
Contingent earn-out liability 11,452 21,206
Contingently issuable common stock liability 2,735 5,264
Public warrant liability 6,733 11,030
Total liabilities 77,241 72,583
Commitments and contingencies (Note 20)
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 100,000,000 authorized at September 30, 2022 and December 31, 2021; no shares issued and outstanding at September 30, 2022 and December 31, 2021 0 0
Common stock, $0.0001 par value; 1,100,000,000 shares authorized at September 30, 2022 and December 31, 2021; 144,434,717 and 142,745,021 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively 14 14
Additional paid-in capital 412,238 396,064
Accumulated other comprehensive income 35 0
Accumulated deficit (163,906) (105,804)
Stockholders’ equity 248,381 290,274
Total liabilities and stockholders’ equity $ 325,622 $ 362,857