Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Shareholders' Deficit (Unaudited)

v3.22.2.2
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 Income (Loss)
Accumulated Other Comprehensive Income (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 (98,729)                     (98,729)          
Other comprehensive income (loss), net of tax 162                         162      
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 531               531                
Exercise of stock options 98               98                
Exercise of stock options, Shares           425,169                      
Ending balance at Sep. 30, 2021 (59,401)         $ 8     97,446     (156,813)   (42)    
Ending balance, Shares at Sep. 30, 2021           78,427,414                      
Ending balance at Sep. 30, 2021     $ 8,000                            
Ending balance, Shares at Sep. 30, 2021     10,947,686                            
Beginning balance at Jun. 30, 2021 (47,289) (47,289)       $ 8   $ 8 97,269 97,277 (8) (144,448) (144,448) (118) (118)    
Beginning balance, Shares at Jun. 30, 2021           78,413,622 2,842,611 75,571,011                  
Beginning balance at Jun. 30, 2021     $ 8,000 $ 8,000                          
Beginning balance, Shares at Jun. 30, 2021     10,947,686 396,870 10,550,816                        
Net loss (12,365)                     (12,365)          
Other comprehensive income (loss), net of tax 76                         76      
Share-based compensation 177               177                
Exercise of stock options, Shares           13,792                      
Ending balance at Sep. 30, 2021 (59,401)         $ 8     97,446     (156,813)   (42)    
Ending balance, Shares at Sep. 30, 2021           78,427,414                      
Ending balance at Sep. 30, 2021     $ 8,000                            
Ending balance, Shares at Sep. 30, 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 (131,001)                     (131,001)          
Other comprehensive income (loss), net of tax 327                         327      
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                      
Issuance of common stock under the Committed Equity Facility 2,795               2,795                
Issuance of common stock under the Committed Equity Facility, shares           637,487                      
Share-based compensation 40,354               40,354                
Settlement of vested restricted stock units, Shares           1,932,541                      
Exercise of stock options 269               269                
Exercise of stock options, Shares           269,824                      
Other (41)               (41)                
Ending balance at Sep. 30, 2022 (67,604)         $ 14     260,280     (328,189)   291      
Ending balance, Shares at Sep. 30, 2022           139,962,656                      
Ending balance at Sep. 30, 2022 0                                
Ending balance, Shares at Sep. 30, 2022     0                            
Beginning balance at Jun. 30, 2022 (52,534)         $ 14     248,133     (300,834)   153      
Beginning balance, Shares at Jun. 30, 2022           137,590,808                      
Net loss (27,355)                     (27,355)          
Other comprehensive income (loss), net of tax 138                         138      
Issuance of common stock under the Committed Equity Facility 2,795               2,795                
Issuance of common stock under the Committed Equity Facility, shares           637,487                      
Share-based compensation 9,204               9,204                
Settlement of vested restricted stock units, Shares           1,637,188                      
Exercise of stock options 123               123                
Exercise of stock options, Shares           97,173                      
Other 25               25                
Ending balance at Sep. 30, 2022 (67,604)         $ 14     $ 260,280     $ (328,189)   $ 291      
Ending balance, Shares at Sep. 30, 2022           139,962,656                      
Ending balance at Sep. 30, 2022 $ 0                                
Ending balance, Shares at Sep. 30, 2022     0