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COMBINED AND CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 188,498 $ 62,676
Restricted cash 2,662 1,610
Accounts receivable, less allowance of $32 and $0 in 2021 and 2020, respectively 553 174
Unbilled receivables 91  
Inventory 4,310 1,718
Prepaid expenses and other current assets 1,357 691
Due from related parties 14 1,465
Total current assets 197,485 68,334
Property and equipment, net 3,753 1,904
Other assets - related party   1,244
Other long term assets 1,235 44
Total assets 202,473 71,526
CURRENT LIABILITIES:    
Accounts payable 2,248 948
Deferred grant funding 2,662 1,610
Deferred revenue 730 158
Due to related parties 1,981 136
Accrued expenses and other current liabilities 8,115 1,264
Total current liabilities 15,736 4,116
Long term notes payable   178
Long term deferred revenue 510  
Total liabilities 16,246 4,294
COMMITMENTS AND CONTINGENCIES (NOTE 16)
Hyperfine convertible preferred stock (Series A, B, C and D): $.0001 par value, aggregate liquidation preference of $0 and $147,651; 0 and 129,788,828 shares authorized; 0 and 95,010,858 shares issued and outstanding at December 31, 2021 and 2020, respectively   128,286
STOCKHOLDERS' EQUITY (DEFICIT):    
Additional paid-in capital 322,540 10,415
Accumulated deficit (136,320) (71,469)
Total stockholders' equity (deficit) 186,227 (61,054)
TOTAL LIABILITIES, CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' EQUITY (DEFICIT) 202,473 71,526
Hyperfine Convertible Preferred Stock    
CURRENT LIABILITIES:    
Hyperfine convertible preferred stock (Series A, B, C and D): $.0001 par value, aggregate liquidation preference of $0 and $147,651; 0 and 129,788,828 shares authorized; 0 and 95,010,858 shares issued and outstanding at December 31, 2021 and 2020, respectively   $ 128,286
Class A Common Stock    
STOCKHOLDERS' EQUITY (DEFICIT):    
Common stock 5  
Class B Common Stock    
STOCKHOLDERS' EQUITY (DEFICIT):    
Common stock $ 2