Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Convertible Preferred Stock and Stockholders??? Equity (Deficit) (Unaudited)

v3.22.2.2
Condensed Consolidated Statements of Convertible Preferred Stock and Stockholders’ Equity (Deficit) (Unaudited) - USD ($)
$ in Thousands
Total
Convertible Preferred Stock
Preferred Stock
Convertible Preferred Stock
Preferred Stock
Series B-1 preferred stock
Preferred Stock
Series C preferred stock
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Beginning balance (in shares) at Dec. 31, 2020 [1]     63,805,000            
Beginning balance at Dec. 31, 2020     $ 62,042            
Increase (Decrease) in Temporary Equity [Roll Forward]                  
Preferred Stock issuance costs       $ (25) $ (1,479)        
Issuance of Series B-1 preferred stock for cash (in shares) [1]       7,153,000 14,783,000        
Issuance of Series B-1 preferred stock for cash       $ 15,320 $ 107,000        
Ending balance (in shares) at Sep. 30, 2021 [1]     85,741,000            
Ending balance at Sep. 30, 2021     $ 182,858            
Beginning balance (in shares) at Dec. 31, 2020 [1]           14,551,000      
Beginning balance at Dec. 31, 2020 $ (39,627)         $ 0 $ 99 $ (37,628) $ (2,098)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Exercise of stock option (in shares) [1]           373,000      
Exercise of stock option 5           5    
Stock based compensation (in shares) [1]           5,655,000      
Stock based compensation 557           557    
Net (loss) income (18,589)             (18,589)  
Actuarial gain (loss) on pension 295               295
Foreign currency translation gain (loss) 303               303
Ending balance (in shares) at Sep. 30, 2021 [1]           20,579,000      
Ending balance at Sep. 30, 2021 (57,056)         $ 0 661 (56,217) (1,500)
Beginning balance (in shares) at Jun. 30, 2021 [1]     70,958,000            
Beginning balance at Jun. 30, 2021     $ 77,341            
Increase (Decrease) in Temporary Equity [Roll Forward]                  
Preferred Stock issuance costs       $ (4) $ (1,479)        
Issuance of Series B-1 preferred stock for cash (in shares) [1]         14,783,000        
Issuance of Series B-1 preferred stock for cash         $ 107,000        
Ending balance (in shares) at Sep. 30, 2021 [1]     85,741,000            
Ending balance at Sep. 30, 2021     $ 182,858            
Beginning balance (in shares) at Jun. 30, 2021 [1]           14,924,000      
Beginning balance at Jun. 30, 2021 (50,667)         $ 0 354 (50,054) (967)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Stock based compensation (in shares) [1]           5,655,000      
Stock based compensation 307           307    
Net (loss) income (6,163)             (6,163)  
Actuarial gain (loss) on pension 63               63
Foreign currency translation gain (loss) (596)               (596)
Ending balance (in shares) at Sep. 30, 2021 [1]           20,579,000      
Ending balance at Sep. 30, 2021 (57,056)         $ 0 661 (56,217) (1,500)
Beginning balance (in shares) at Dec. 31, 2021   85,741,000 85,741,000 [1]            
Beginning balance at Dec. 31, 2021 182,709   $ 182,709            
Increase (Decrease) in Temporary Equity [Roll Forward]                  
Conversion of convertible preferred stock into common stock in connection with reverse the recapitalization (in shares) [1]     (85,741,000)            
Conversion of convertible preferred stock into common stock in connection with reverse recapitalization     $ (182,709)            
Ending balance (in shares) at Sep. 30, 2022 [1]     0            
Ending balance at Sep. 30, 2022 $ 0   $ 0            
Beginning balance (in shares) at Dec. 31, 2021 20,432,000         20,432,000 [1]      
Beginning balance at Dec. 31, 2021 $ (68,666)         $ 0 713 (68,966) (413)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Conversion of convertible preferred stock into common stock in connection with reverse the recapitalization (in shares) [1]           85,741,000      
Conversion of convertible preferred stock into common stock in connection with reverse recapitalization 182,709         $ 9 182,700    
Issuance of common stock upon the reverse recapitalization, net of transaction costs (in shares) [1]           27,553,000      
Issuance of common stock upon the reverse recapitalization, net of transaction costs $ 191,859         $ 3 191,856    
Exercise of stock option (in shares) 162,000         146,000 [1]      
Exercise of stock option $ 131         $ 1 130    
Exercise of warrants (in shares) [1]           2,873,000      
Exercise of warrants 25,361         $ 1 25,360    
Stock based compensation 26,757           26,757    
Vesting of RSUs, net of shares withheld for payroll taxes (in shares) [1]           1,094,000      
Vesting of RSUs, net of shares withheld for payroll taxes (3,017)           (3,017)    
Net (loss) income (55,022)             (55,022)  
Actuarial gain (loss) on pension 561               561
Foreign currency translation gain (loss) $ (363)               (363)
Ending balance (in shares) at Sep. 30, 2022 137,839,000         137,839,000 [1]      
Ending balance at Sep. 30, 2022 $ 300,310         $ 14 424,499 (123,988) (215)
Beginning balance (in shares) at Jun. 30, 2022 [1]     0            
Beginning balance at Jun. 30, 2022     $ 0            
Ending balance (in shares) at Sep. 30, 2022 [1]     0            
Ending balance at Sep. 30, 2022 0   $ 0            
Beginning balance (in shares) at Jun. 30, 2022 [1]           134,441,000      
Beginning balance at Jun. 30, 2022 306,586         $ 13 402,004 (95,223) (208)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Exercise of stock option (in shares) [1]           114,000      
Exercise of stock option 95           95    
Exercise of warrants (in shares) [1]           2,190,000      
Exercise of warrants 14,524         $ 1 14,523    
Stock based compensation 10,894           10,894    
Vesting of RSUs, net of shares withheld for payroll taxes (in shares) [1]           1,094,000      
Vesting of RSUs, net of shares withheld for payroll taxes (3,017)           (3,017)    
Net (loss) income (28,765)             (28,765)  
Actuarial gain (loss) on pension 1               1
Foreign currency translation gain (loss) $ (8)               (8)
Ending balance (in shares) at Sep. 30, 2022 137,839,000         137,839,000 [1]      
Ending balance at Sep. 30, 2022 $ 300,310         $ 14 $ 424,499 $ (123,988) $ (215)
[1] The number of shares of convertible preferred stock and common stock prior to the Merger (defined in Note 1) have been retroactively restated to reflect the exchange ratio of 6.7735 established in the Merger as described in Note 1 and Note 3.