Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Shareholders' Deficit (Unaudited)

v3.22.1
Condensed Consolidated Statements of Shareholders' Deficit (Unaudited) - USD ($)
$ in Thousands
Total
Previously Reported
Redeemable Convertible Preferred Stock
Redeemable Convertible Preferred Stock
Previously Reported
Redeemable Convertible Preferred Stock
Retroactive Application of Reverse Capitalization
Common Stock
Common Stock
Previously Reported
Common Stock
Retroactive Application of Reverse Capitalization
Additional Paid-in Capital
Additional Paid-in Capital
Previously Reported
Additional Paid-in Capital
Retroactive Application of Reverse Capitalization
Accumulated Deficit
Accumulated Deficit
Previously Reported
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
Previously Reported
Non-controlling Interest
Non-controlling Interest
Previously Reported
Beginning balance at Dec. 31, 2020 $ (27,091) $ (27,091)       $ 7   $ 7 $ 7,447 $ 7,454 $ (7) $ (58,084) $ (58,084) $ (204) $ (204) $ 23,743 $ 23,743
Beginning balance, Shares at Dec. 31, 2020           67,297,473 2,439,634 64,857,839                  
Beginning balance at Dec. 31, 2020     $ 8,000 $ 8,000                          
Beginning balance, Shares at Dec. 31, 2020     10,947,686 396,870 10,550,816                        
Net loss (77,496)                     (77,496)          
Other comprehensive income, net of tax 110                         110      
Issuance of common stock in exchange for non-controlling interest, net of issuance costs (432)         $ 1     23,310             $ (23,743)  
Issuance of common stock in exchange for non-controlling interest, net of issuance costs, Shares           10,704,772                      
Issuance of warrants, net of issuance costs 66,060               66,060                
Share-based compensation 168               168                
Exercise of stock options 19               19                
Exercise of stock options, Shares           164,352                      
Ending balance at Mar. 31, 2021 (38,662)         $ 8     97,004     (135,580)   (94)      
Ending balance, Shares at Mar. 31, 2021           78,166,597                      
Ending balance at Mar. 31, 2021     $ 8,000                            
Ending balance, Shares at Mar. 31, 2021     10,947,686                            
Beginning balance at Dec. 31, 2021 (99,357) $ (99,357)       $ 8   $ 8 97,737 $ 97,745 $ (8) (197,066) $ (197,066) (36) $ (36)    
Beginning balance (ASU 2016-13) at Dec. 31, 2021 (122)                     (122)          
Beginning balance, Shares at Dec. 31, 2021           78,601,283 2,849,414 75,751,869                  
Beginning balance at Dec. 31, 2021 8,000   $ 8,000 $ 8,000                          
Beginning balance, Shares at Dec. 31, 2021     10,947,686 396,870 10,550,816                        
Net loss (71,372)                     (71,372)          
Other comprehensive income, net of tax 47                         47      
Conversion of redeemable convertible preferred stock into common stock 8,000         $ 1     7,999                
Conversion of redeemable convertible preferred stock into common stock, Shares           10,947,686                      
Conversion of redeemable convertible preferred stock into common stock     $ (8,000)                            
Conversion of redeemable convertible preferred stock into common stock, Shares     (10,947,686)                            
Net settlement of liability-classified warrants into common stock 7,616               7,616                
Net settlement of liability-classified warrants into common stock, Shares           694,873                      
Net settlement of equity-classified warrants into common stock           $ 2     (2)                
Net settlement of equity-classified warrants into common stock, Shares           22,343,698                      
Issuance of common stock in connection with the Tailwind Two Merger and PIPE Investment, net of issuance costs 6,928         $ 2     6,926                
Issuance of common stock in connection with the Tailwind Two Merger and PIPE Investment, net of issuance costs, Shares           16,114,695                      
Issuance of common stock in connection with financing transactions, net of issuance costs 40,734         $ 1     40,733                
Issuance of common stock in connection with financing transactions, net of issuance costs, Shares           4,325,000                      
Reclassification of liability-classified warrants and derivatives to equity-classified 11,007               11,007                
Issuance of contingently issuable common stock 44,887               44,887                
Issuance of contingently issuable common stock, Shares           4,095,569                      
Share-based compensation 17,335               17,335                
Exercise of stock options 146               146                
Exercise of stock options, Shares           172,651                      
Ending balance at Mar. 31, 2022 (34,151)         $ 14     $ 234,384     $ (268,560)   $ 11      
Ending balance, Shares at Mar. 31, 2022           137,295,455                      
Ending balance at Mar. 31, 2022 $ 0                                
Ending balance, Shares at Mar. 31, 2022     0