Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)

v3.23.2
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Statement of Comprehensive Income [Abstract]        
Revenue $ 32,232 $ 21,364 $ 60,430 $ 34,484
Cost of sales 31,430 25,038 61,027 40,991
Gross profit (loss) 802 (3,674) (597) (6,507)
Selling, general, and administrative expenses 28,732 29,370 61,262 59,587
Loss from operations (27,930) (33,044) (61,859) (66,094)
Interest expense, net 11,729 6,937 22,663 9,860
Loss on extinguishment of debt       23,141
Change in fair value of warrant and derivative liabilities (11,486) (8,177) (2,031) 3,676
Other (income) expense (26) 468 83 871
Loss before income taxes (28,147) (32,272) (82,574) (103,642)
(Benefit from) provision for income taxes (17) 2 1 4
Net loss (28,130) (32,274) (82,575) (103,646)
Other comprehensive (loss) income, net of tax:        
Foreign currency translation adjustments (43) 142 (23) 189
Total comprehensive loss $ (28,173) $ (32,132) $ (82,598) $ (103,457)
Weighted-average shares outstanding - basic 156,502,662 142,378,037 150,316,749 113,173,237
Weighted-average shares outstanding - diluted 156,502,662 142,378,037 150,316,749 113,173,237
Net loss per share - basic $ (0.18) $ (0.23) $ (0.55) $ (0.92)
Net loss per share - diluted $ (0.18) $ (0.23) $ (0.55) $ (0.92)