XML 27 R5.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]    
Revenues $ 5,048 $ 2,641
Cost of goods sold 7,410 2,341
Gross margin (2,362) 300
Operating expenses    
General and administrative 27,197 3,609
Research and development 20,077 7,015
Sales and marketing 3,519 1,548
Total operating expenses 50,793 12,172
Loss from operations (53,155) (11,872)
Other income (expense), net 38 (3,285)
Change in fair value of derivative instruments 18,498 (1,510)
Change in fair value of earn-out interests liability 72,505 0
Write off of subscription receivable (379) 0
Realized loss on debt extinguishment (14,104) 0
Income (loss) before provision for income taxes 23,403 (16,667)
Provision for income taxes 2 0
Net income (loss) 23,401 (16,667)
Other comprehensive income (loss)    
Change in net unrealized losses, net of tax of $0, for the year ended December 31, 2021 (381) 0
Total comprehensive income (loss) $ 23,020 $ (16,667)
Net income (loss) per share    
Net income (loss) per share — basic (in dollar per share) $ 0.22 $ (0.23)
Net income (loss) per share — diluted (in dollar per share) $ 0.22 $ (0.23)
Weighted average shares outstanding    
Weighted average shares outstanding — basic (in shares) 105,568 72,027
Weighted average shares outstanding — diluted (in shares) 107,786 72,027