Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Revenues $ 3,536 $ 5,923 $ 8,948 $ 10,514
Cost of revenues 4,889 7,048 12,611 12,366
Gross loss (1,353) (1,125) (3,663) (1,852)
Operating expenses        
Research and development 1,810 743 3,752 1,391
Selling, general and administrative 12,559 16,026 24,158 19,946
Total operating expenses 14,369 16,769 27,910 21,337
Loss from operations (15,722) (17,894) (31,573) (23,189)
Other (income) expense, net        
Interest expense, net 3,849 3,940 7,710 5,551
(Gain) loss from change in fair value of warrant liabilities (1,126) 7,596 (1,314) 28,135
(Gain) loss from change in fair value of derivative liability (10,087) 4,267 (12,642) 4,267
(Gain) loss from change in earnout liability (44,131) 12,376 (50,303) 12,376
Other expense (income), net 35 (15) (6) (24)
Total other (income) expense, net (51,460) 28,164 (56,555) 50,305
Net income (loss) $ 35,738 $ (46,058) $ 24,982 $ (73,494)
Net income (loss) per share, basic (in dollars per share) $ 0.47 $ (0.79) $ 0.33 $ (1.60)
Net income (loss) per share, diluted (in dollars per share) $ 0.35 $ (0.79) $ 0.23 $ (1.60)
Weighted-average shares outstanding, basic (in shares) 75,408,116 58,560,928 75,268,854 45,924,405
Weighted-average shares outstanding, diluted (in shares) 85,210,210 58,560,928 85,281,301 45,924,405