v3.23.2
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Total revenue $ 16,197 $ 9,932 $ 30,706 $ 16,787
Total cost of sales 34,532 28,092 63,665 44,746
Gross loss (18,335) (18,160) (32,959) (27,959)
Operating expenses:        
Research and development 67,483 40,941 136,535 74,050
Sales and marketing 15,654 7,189 29,383 16,587
General and administrative 42,420 38,150 86,910 68,175
Total operating expenses 125,557 86,280 252,828 158,812
Loss from operations (143,892) (104,440) (285,787) (186,771)
Change in fair value of warrant liabilities 26 11,733 (1,028) 7,876
Interest expense (1,273) (3,148) (2,938) (6,428)
Interest income 1,605 1,346 3,510 2,417
Other income (expense) 1,787 (743) (2,278) (275)
Total other income (expense), net 2,145 9,188 (2,734) 3,590
Loss before provision for (benefit from) income taxes (141,747) (95,252) (288,521) (183,181)
Provision for (benefit from) income taxes 9 (13) 9 391
Net loss $ (141,756) $ (95,239) $ (288,530) $ (183,572)
Net loss per share:        
Basic (in dollars per share) $ (0.37) $ (0.27) $ (0.77) $ (0.52)
Diluted (in dollars per share) $ (0.37) $ (0.27) $ (0.77) $ (0.52)
Shares used in computing net loss per share:        
Basic (in shares) 382,424,675 352,054,529 376,616,066 350,378,494
Diluted (in shares) 382,424,675 352,054,529 376,616,066 350,378,494
Comprehensive Loss:        
Net loss $ (141,756) $ (95,239) $ (288,530) $ (183,572)
Net unrealized gain (loss) on available-for-sale debt securities 1,192 (1,449) 3,418 (5,097)
Comprehensive loss (140,564) (96,688) (285,112) (188,669)
Products        
Total revenue 9,923 1,798 17,290 3,339
Total cost of sales 25,059 16,987 44,262 28,805
Services        
Total revenue 6,274 8,134 13,416 13,448
Total cost of sales $ 9,473 $ 11,105 $ 19,403 $ 15,941

Source