v3.23.3
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Total revenue $ 16,959 $ 12,785 $ 47,665 $ 29,572
Total cost of sales 35,119 28,511 98,784 73,257
Gross loss (18,160) (15,726) (51,119) (43,685)
Operating expenses:        
Research and development 62,937 46,308 199,472 120,358
Sales and marketing 12,397 10,111 41,780 26,698
General and administrative 35,435 42,809 122,345 110,984
Total operating expenses 110,769 99,228 363,597 258,040
Loss from operations (128,929) (114,954) (414,716) (301,725)
Change in fair value of warrant liabilities 2,373 (1,231) 1,345 6,645
Interest expense (2,779) (2,660) (5,717) (9,088)
Interest income 1,260 1,553 4,770 3,970
Other income (expense) (5,967) (83) (8,245) (358)
Total other income (expense), net (5,113) (2,421) (7,847) 1,169
Loss before provision for income taxes (134,042) (117,375) (422,563) (300,556)
Provision for income taxes 296 175 305 566
Net loss $ (134,338) $ (117,550) $ (422,868) $ (301,122)
Net loss per share:        
Basic (in dollars per share) $ (0.34) $ (0.33) $ (1.11) $ (0.85)
Diluted (in dollars per share) $ (0.34) $ (0.33) $ (1.11) $ (0.85)
Shares used in computing net loss per share:        
Basic (in shares) 394,591,942 359,753,254 382,673,871 353,537,754
Diluted (in shares) 394,591,942 359,753,254 382,673,871 353,537,754
Comprehensive Loss:        
Net loss $ (134,338) $ (117,550) $ (422,868) $ (301,122)
Net unrealized gain (loss) on available-for-sale debt securities 573 16 3,991 (5,081)
Comprehensive loss (133,765) (117,534) (418,877) (306,203)
Products        
Total revenue 10,753 6,796 28,043 10,135
Total cost of sales 27,273 18,364 71,535 47,169
Services        
Total revenue 6,206 5,989 19,622 19,437
Total cost of sales $ 7,846 $ 10,147 $ 27,249 $ 26,088

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