General form of registration statement for all companies including face-amount certificate companies

Consolidated Statements Of Cash Flows

v3.22.1
Consolidated Statements Of Cash Flows - USD ($)
 1 Months Ended 12 Months Ended
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net loss   $ (138,982,000) $ (10,455,000)
Adjustments to reconcile net loss to net cash used in operating activities:      
Change in fair value of warrant liabilities   (1,716,000) 0
Depreciation and amortization   3,053,000 2,934,000
Non-cash interest expense   7,908,000 1,286,000
Share-based compensation expense   678,000 1,194,000
Provision for losses on receivables and inventory   877,000 1,690,000
Loss on extinguishment of debt   96,024,000 0
Other non-cash, net   (567,000) (13,000)
Increase (Decrease) in Operating Capital [Abstract]      
Accounts receivable, net   (1,687,000) (1,980,000)
Contract assets   (901,000) (195,000)
Inventory   (5,393,000) (3,188,000)
Prepaid expenses and other current assets   596,000 (4,058,000)
Accounts payable   2,161,000 (438,000)
Contract liabilities   (229,000) 6,591,000
Reserve for anticipated losses on contracts   (1,322,000) (4,796,000)
Accrued expenses and other current liabilities   4,634,000 (123,000)
Other, net   (21,000) 77,000
Net cash used in operating activities   (34,887,000) (11,474,000)
Net Cash Provided by (Used in) Investing Activities [Abstract]      
Purchases of property, plant and equipment   (16,352,000) (7,325,000)
Net cash used in investing activities   (16,352,000) (7,325,000)
Net Cash Provided by (Used in) Financing Activities [Abstract]      
Repayment of long-term debt   (10,000) (15,000)
Payment of issuance costs   (8,880,000) (2,009,000)
Proceeds from long-term debt   58,241,000 2,537,000
Proceeds from warrants and derivatives   16,759,000 0
Contributions from non-controlling interest, net of issuance costs   0 14,475,000
Proceeds from exercise of stock options   242,000 113,000
Net cash provided by financing activities   66,352,000 15,101,000
Effect of exchange rate fluctuations on cash and cash equivalents   (124,000) 138,000
Net increase (decrease) in cash and cash equivalents   14,989,000 (3,560,000)
Cash and cash equivalents at beginning of period   12,336,000 15,896,000
Cash and cash equivalents at end of period $ 12,336,000 27,325,000 12,336,000
Supplemental disclosure of cash flow information:      
Share-based compensation included in inventory   0 36,000
Non-cash investing and financing activities:      
Purchases of property, plant and equipment not yet paid   845,000 125,000
Non-cash interest capitalized to property, plant and equipment   1,265,000 119,000
Depreciation and amortization capitalized to construction in process   479,000 0
Issuance costs not yet paid   4,141,000 0
Non-cash exchange and extinguishment of long-term debt   125,857,000 0
Issuance of common stock in exchange for non-controlling interest   23,743,000 0
Parent Company [Member]      
Adjustments to reconcile net loss to net cash used in operating activities:      
Loss on extinguishment of debt   96,024,000 0
Tailwind Two Acquisition Corp [Member]      
Cash flows from operating activities:      
Net loss (6,093) (2,450,595)  
Adjustments to reconcile net loss to net cash used in operating activities:      
Interest earned on investments held in Trust Account 0 (89,823)  
Change in fair value of warrant liabilities 0 (2,509,000)  
Transaction cost allocable to warrants 0 649,349  
Increase (Decrease) in Operating Capital [Abstract]      
Accounts payable and accrued expenses 6,093 2,133,921  
Prepaid expenses and other current assets 0 (467,371)  
Net cash used in operating activities 0 (2,733,519)  
Net Cash Provided by (Used in) Investing Activities [Abstract]      
Investment of cash in Trust Account 0 (345,000,000)  
Net cash used in investing activities 0 (345,000,000)  
Net Cash Provided by (Used in) Financing Activities [Abstract]      
Proceeds from sale of Units, net of underwriting discounts paid 0 338,100,000  
Advances from related party 0 5,360  
Repayment of promissory note-related party 0 (89,890)  
Payment of issuance costs 0 (429,431)  
Proceeds from warrants and derivatives   11,700,000  
Net cash provided by financing activities 0 349,286,039  
Net Change in Cash 0 1,552,520  
Cash and cash equivalents at beginning of period 0 0  
Cash and cash equivalents at end of period 0 1,552,520 $ 0
Non-cash investing and financing activities:      
Offering costs included in accrued offering costs 120,540 12,000  
Offering costs paid by Sponsor in exchange for issuance of Founder Shares 25,000    
Offering costs paid through promissory note 52,250 37,640  
Deferred underwriting fee payable $ 0 $ 12,075,000