General form of registration statement for all companies including face-amount certificate companies

Condensed Consolidated Statements of Operations

v3.21.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2020
Dec. 31, 2019
Revenue $ 18,829 $ 14,037 $ 28,490 $ 18,491
Cost of revenue 7,055 5,395 10,285 14,874
Gross profit 11,774 8,642 18,205 3,617
Operating expenses        
Research and development 14,109 9,354 20,751 15,071
Sales and marketing 8,795 4,788 10,279 5,305
General and administrative 15,290 5,744 12,520 10,316
Loss on satellite deorbit and launch failure     666 2,372
Total operating expenses 38,194 19,886 44,216 33,064
Loss from operations (26,420) (11,244) (26,011) (29,447)
Other income (expense)        
Interest income 2 45 54 186
Interest expense (5,875) (2,957) (6,773) (3,314)
Change in fair value of warrant liabilities (10,176)    
Other income, net     626 590
Other expense, net (3,391) (455)    
Total other expense, net (19,440) (3,367) (6,093) (2,538)
Loss before income taxes (45,860) (14,611) (32,104) (31,985)
Income tax provision 700 105 400 334
Net loss $ (46,560) $ (14,716) $ (32,504) $ (32,319)
Basic and diluted net loss per share $ (4.37) $ (1.43) $ (3.15) $ (3.14)
Weighted-average shares used in computing basic and diluted net loss per share 10,663,811 10,319,534 10,323,839 10,306,255