Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue:        
Revenue: $ 16,530 $ 8,424 $ 34,310 $ 16,795
Cost of revenue:        
Total cost of revenue 16,305 4,957 32,635 12,151
Gross profit 225 3,467 1,675 4,644
Operating expenses:        
Research and development 5,616 3,612 13,947 8,399
Sales and marketing 11,746 10,024 33,169 17,756
General and administrative 8,839 7,535 29,268 12,058
Loss from impairment of property and equipment 626 1,656 1,038 1,656
Total operating expenses 26,827 22,827 77,422 39,869
Loss from operations (26,602) (19,360) (75,747) (35,225)
Other income (expense), net:        
Interest expense (188) (295) (489) (5,952)
Interest income 1,052 0 1,611 0
Other expense, net (57) (669) (57) (669)
Loss on extinguishment of debt 0 (865) 0 (12,685)
Change in fair value of derivative liability 0 475 0 (1,745)
Change in fair value of contingent earn-out liability (7,245) (32,609) (9,754) (32,609)
Change in fair value of contingently issuable common stock liability (1,081) (5,718) (2,529) (5,718)
Change in fair value of public warrant liability (1,146) 3,152 4,297 3,152
Change in fair value of common stock warrant liability 0 42 0 (879)
Total other income (expense), net 7,987 40,167 17,645 19,549
Net income (loss) attributable to common stockholders - basic (18,615) 20,807 (58,102) (15,676)
Net income (loss) attributable to common stockholders - diluted $ (18,615) $ 21,278 $ (58,102) $ (15,676)
Weighted average common shares outstanding        
Weighted average common shares outstanding - basic (in shares) 144,117,273 119,745,196 143,522,555 47,772,253
Weighted average common shares outstanding - diluted (in shares) 144,117,273 153,936,436 143,522,555 47,772,253
Net income (loss) per share        
Net income (loss) per share attributable to common stockholders - basic (in dollars per share) $ (0.13) $ 0.17 $ (0.40) $ (0.33)
Net income (loss) per share attributable to common stockholders - diluted (in dollars per share) $ (0.13) $ 0.14 $ (0.40) $ (0.33)
Net income (loss) $ (18,615) $ 20,807 $ (58,102) $ (15,676)
Cumulative translation adjustment 45 0 35 0
Total other comprehensive income 45 0 35 0
Total comprehensive income (loss) (18,570) 20,807 (58,067) (15,676)
Product revenue        
Revenue:        
Revenue: 9,839 5,395 19,179 10,279
Cost of revenue:        
Total cost of revenue 12,960 2,967 23,513 7,386
Subscription revenue        
Revenue:        
Revenue: 5,198 2,312 12,208 5,060
Cost of revenue:        
Total cost of revenue 2,207 1,277 5,730 3,080
Service revenue        
Revenue:        
Revenue: 1,493 717 2,923 1,456
Cost of revenue:        
Total cost of revenue $ 1,138 $ 713 $ 3,392 $ 1,685