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Restatement of Previously Issued Consolidated Financial Statements (Tables) | 9 Months Ended
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Sep. 30, 2023
Accounting Changes and Error Corrections [Abstract] |
Restatement Reconciliation Tables | In the following tables, we have presented a reconciliation of our condensed consolidated balance sheets, statements of operations, and cash flows as previously reported for these prior periods to the restated and revised amounts. Financial statement line items and subtotals that were not impacted by the restatement adjustments have been omitted for enhanced clarity. Summary of Restatement - Condensed Consolidated Balance Sheets
| As of September 30, 2023
(In thousands) | As Previously Reported |  | Restatement Adjustments |  | As Restated
Loans payable, net, current | $ | 30,006 |  |  | $ | 193 |  |  | $ | 30,199 |
Total current liabilities | 43,328 |  |  | 193 |  |  | 43,521 |
Loans payable, net, noncurrent | 9,108 |  |  | 23,722 |  |  | 32,830 |
Total liabilities | 61,383 |  |  | 23,915 |  |  | 85,298 |
Accumulated deficit | (443,132) |  |  | (23,915) |  |  | (467,047) |
Total stockholders' equity (deficit) | 8,796 |  |  | (23,915) |  |  | (15,119) |
Total liabilities and stockholders’ equity (deficit) | 70,179 |  |  | — |  |  | 70,179 |
Summary of Restatement - Condensed Consolidated Statements of Operations
| Three Months Ended September 30,
| 2023 |  | 2022
(In thousands, except share and per share data) | As Previously Reported |  | Restatement Adjustments |  | As Restated |  | As Previously Reported |  | Restatement Adjustments |  | As Restated
Loss from operations | $ | (18,407) |  |  | $ | — |  |  | $ | (18,407) |  |  | $ | (15,164) |  |  | $ | — |  |  | $ | (15,164) |
Other income (expense), net: |  |  |  |  |  |  |  |  |  |  |
Interest expense | (1,247) |  |  | 212 |  |  | (1,035) |  |  | (1,069) |  |  | 436 |  |  | (633) |
Government assistance | 1,051 |  |  | (1,051) |  |  | — |  |  | — |  |  | — |  |  | — |
Other income (expense), net | 365 |  |  | 562 |  |  | 927 |  |  | 948 |  |  | 1,225 |  |  | 2,173 |
Total other income (expense), net | 2,578 |  |  | (277) |  |  | 2,301 |  |  | 1,853 |  |  | 1,661 |  |  | 3,514 |
Net loss | (15,829) |  |  | (277) |  |  | (16,106) |  |  | (13,311) |  |  | 1,661 |  |  | (11,650) |
Net loss per share, basic and diluted | (0.12) |  |  | — |  |  | (0.12) |  |  | (0.11) |  |  | 0.01 |  |  | (0.10) |
Weighted-average shares * used in computing net loss per share, basic and diluted | 133,222,318 |  |  | — |  |  | 133,222,318 |  |  | 116,256,805 |  |  | — |  |  | 116,256,805 |
Net comprehensive loss | (15,814) |  |  | (277) |  |  | (16,091) |  |  | (13,255) |  |  | 1,661 |  |  | (11,594) |
| Nine Months Ended September 30,
| 2023 |  | 2022
(In thousands, except share and per share data) | As Previously Reported |  | Restatement Adjustments |  | As Restated |  | As Previously Reported |  | Restatement Adjustments |  | As Restated
Loss from operations | $ | (64,004) |  |  | $ | — |  |  | $ | (64,004) |  |  | $ | (38,427) |  |  | $ | — |  |  | $ | (38,427) |
Other income (expense), net: |  |  |  |  |  |  |  |  |  |  |
Interest expense | (2,482) |  |  | 660 |  |  | (1,822) |  |  | (3,588) |  |  | 1,336 |  |  | (2,252) |
Government assistance | 1,051 |  |  | (1,051) |  |  | — |  |  | — |  |  | — |  |  | — |
Other income (expense), net | (59) |  |  | 25 |  |  | (34) |  |  | 1,301 |  |  | 1,481 |  |  | 2,782 |
Total other income (expense), net | (2,331) |  |  | (366) |  |  | (2,697) |  |  | (313) |  |  | 2,817 |  |  | 2,504 |
Net loss | (66,335) |  |  | (366) |  |  | (66,701) |  |  | (38,740) |  |  | 2,817 |  |  | (35,923) |
Net loss per share, basic and diluted | (0.50) |  |  | (0.01) |  |  | (0.51) |  |  | (0.32) |  |  | 0.03 |  |  | (0.29) |
Weighted-average shares * used in computing net loss per share, basic and diluted | 131,373,959 |  |  | — |  |  | 131,373,959 |  |  | 122,337,727 |  |  | — |  |  | 122,337,727 |
Net comprehensive loss | (66,405) |  |  | (366) |  |  | (66,771) |  |  | (38,722) |  |  | 2,817 |  |  | (35,905) |
Summary of Restatement - Condensed Consolidated Statements of Cash Flows
| Nine Months Ended September 30,
| 2023 |  | 2022
(In thousands) | As Previously Reported |  | Restatement Adjustments |  | As Restated |  | As Previously Reported |  | Restatement Adjustments |  | As Restated
Net loss | $ | (66,335) |  |  | $ | (366) |  |  | $ | (66,701) |  |  | $ | (38,740) |  |  | $ | 2,817 |  |  | $ | (35,923) |
Adjustments to reconcile net loss to cash used in operating activities: |  |  |  |  |  |  |  |  |  |  |
Non-cash interest expense | 2,405 |  |  | (660) |  |  | 1,745 |  |  | $ | 1,616 |  |  | (1,336) |  |  | 280 |
Government assistance | (1,051) |  |  | 1,051 |  |  | — |  |  | $ | — |  |  | — |  |  | — |
Unrealized foreign exchange loss (gain) | (15) |  |  | (25) |  |  | (40) |  |  | $ | (1,226) |  |  | (1,481) |  |  | (2,707) |
Net cash used in operating activities | (45,910) |  |  | — |  |  | (45,910) |  |  | (34,339) |  |  | — |  |  | (34,339) |
Net cash used in investing activities | (176) |  |  | — |  |  | (176) |  |  | (316) |  |  | — |  |  | (316) |
Net cash provided by financing activities | 92,408 |  |  | — |  |  | 92,408 |  |  | 38,967 |  |  | — |  |  | 38,967 |
Effect of exchange rate changes on cash and cash equivalents | (70) |  |  | — |  |  | (70) |  |  | (31) |  |  | — |  |  | (31) |

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