Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 245,770 $ 15,571
Accounts receivable, net (including allowance of $389 and $174 as of September 30, 2021 and December 31, 2020, respectively) 6,456 3,738
Contract assets 1,089 853
Restricted cash, current 12,801 0
Other current assets 10,227 2,112
Total current assets 276,343 22,274
Property and equipment, net 25,855 20,458
Other long-term assets, including restricted cash 1,365 1,690
Total assets 303,563 44,422
Current liabilities    
Accounts payable 4,738 1,775
Accrued wages and benefits 1,865 1,590
Contract liabilities, current portion 10,331 8,110
Warrant liability, current portion 22,582 0
Other accrued expenses 5,967 1,813
Total current liabilities 45,483 13,288
Long-term debt, non-current 45,221 26,645
Contingent earnout liability 77,131 0
Convertible notes payable, net (including related parties of $0 and $7,498 as of September 30, 2021, and December 31, 2020, respectively) 0 48,631
Deferred income tax liabilities 287 338
Warrant liability 30,770 4,007
Other long-term liabilities 1,382 249
Total liabilities 200,274 93,158
Commitments and contingencies (Note 9)
Stockholders' Equity (Deficit)    
Common Stock 15 2
Additional paid-in capital 393,872 10,131
Accumulated other comprehensive loss (191) (982)
Accumulated deficit (290,407) (211,146)
Total stockholders' equity (deficit) 103,289 (48,736)
Total liabilities and stockholders' equity (deficit) 303,563 44,422
Series A Preferred Stock [Member]    
Stockholders' Equity (Deficit)    
Preferred Stock 0 52,809
Series B Preferred Stock [Member]    
Stockholders' Equity (Deficit)    
Preferred Stock 0 35,228
Series C preferred stock [Member]    
Stockholders' Equity (Deficit)    
Preferred Stock $ 0 $ 65,222