v3.24.1.1.u2
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Total revenue $ 20,968 $ 14,509
Total cost of sales 31,423 29,133
Gross loss (10,455) (14,624)
Operating expenses:    
Research and development 67,750 69,052
Sales and marketing 14,515 13,729
General and administrative 33,049 44,490
Total operating expenses 115,314 127,271
Loss from operations (125,769) (141,895)
Change in fair value of warrant liabilities 821 (1,054)
Interest expense (2,757) (1,665)
Interest income 3,430 1,905
Gain on bargain purchase 1,752 0
Losses related to investments and certain other assets, and other income (expense) (2,604) (4,065)
Total other income (expense), net 642 (4,879)
Loss before provision for income taxes (125,127) (146,774)
Provision for income taxes 587 0
Net loss $ (125,714) $ (146,774)
Net loss per share:    
Basic (in dollars per share) $ (0.30) $ (0.40)
Diluted (in dollars per share) $ (0.30) $ (0.40)
Shares used in computing net loss per share:    
Basic (in shares) 424,929,163 370,742,917
Diluted (in shares) 424,929,163 370,742,917
Comprehensive Loss:    
Net loss $ (125,714) $ (146,774)
Net unrealized gain (loss) on available-for-sale debt securities (70) 2,226
Comprehensive loss (125,784) (144,548)
Products    
Total revenue 15,302 7,367
Total cost of sales 24,507 19,203
Services    
Total revenue 5,666 7,142
Total cost of sales $ 6,916 $ 9,930

Source