v3.22.2.2
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Revenue $ 5 $ 1,693 $ 2,116 $ 7,228
Cost of revenue 3,427 14,292 20,868 16,673
Gross loss (3,422) (12,599) (18,752) (9,445)
Selling, general and administrative expenses 27,845 20,480 60,271 39,963
Research and development expenses 9,135 11,616 19,938 29,447
Operating loss (40,402) (44,695) (98,961) (78,855)
Other (expense) income:        
Change in fair value of equity investments (4,635) 0 (8,820) 0
Change in fair value of liability classified warrants 11,680 0 11,680 0
Interest expense, net (52) (6) (80) (13)
Other income 121 53 323 1,895
Total other (expense) income, net: 7,114 47 3,103 1,882
Loss before income taxes (33,288) (44,648) (95,858) (76,973)
Provision for income taxes 4 0 4 0
Net loss (33,292) (44,648) (95,862) (76,973)
Other comprehensive loss        
Foreign currency translation adjustment (28) 13 (89) (20)
Total comprehensive loss $ (33,320) $ (44,635) $ (95,951) $ (76,993)
Net loss per share:        
Basic (in dollars per share) $ (0.10) $ (0.16) $ (0.29) $ (0.28)
Diluted (in dollars per share) $ (0.10) $ (0.16) $ (0.29) $ (0.28)
Weighted average shares outstanding        
Basic (in shares) 334,961,932 284,074,351 334,915,940 278,185,084
Diluted (in shares) 334,961,932 284,074,351 334,915,940 278,185,084

Source