Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

v3.22.2.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Revenues $ 11,131 $ 6,257 $ 20,079 $ 16,771
Cost of revenues 14,580 7,026 27,191 19,392
Gross loss (3,449) (769) (7,112) (2,621)
Operating expenses        
Research and development 1,428 823 5,180 2,214
Selling, general and administrative 14,897 9,299 39,055 29,245
Total operating expenses 16,325 10,122 44,235 31,459
Loss from operations (19,774) (10,891) (51,347) (34,080)
Other (income) expense, net        
Interest expense, net 3,758 3,983 11,468 9,534
(Gain) loss from change in fair value of warrant liabilities (536) (27) (1,850) 28,108
(Gain) loss from change in fair value of derivative liability (3,728) 5,023 (16,370) 9,290
(Gain) loss from change in earnout liability (18,054) 31,788 (68,357) 44,164
Gain on extinguishment of debt 0 (2,194) 0 (2,194)
Other expense (income), net 17 (3) 11 (27)
Total other (income) expense, net (18,543) 38,570 (75,098) 88,875
Net income (loss) $ (1,231) $ (49,461) $ 23,751 $ (122,955)
Net income (loss) per share, basic (in dollars per share) $ (0.02) $ (0.67) $ 0.31 $ (2.22)
Net income (loss) per share, diluted (in dollars per share) $ (0.02) $ (0.67) $ 0.23 $ (2.22)
Weighted-average shares outstanding, basic (in shares) 75,745,388 73,740,294 75,429,444 55,298,257
Weighted-average shares outstanding, diluted (in shares) 75,745,388 73,740,294 85,374,404 55,298,257