Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.22.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 109,256 $ 15,571
Accounts receivable, net (including allowance of $339 and $174 as of December 31, 2021 and 2020, respectively) 10,163 3,738
Contract assets 2,084 853
Other current assets 10,071 2,112
Total current assets 131,574 22,274
Property and equipment, net 48,704 20,458
Goodwill 53,627 0
Customer relationships 24,388 0
Other intangible assets 19,765 751
Other long-term assets, including restricted cash 12,136 939
Total assets 290,194 44,422
Current liabilities    
Accounts payable 5,824 1,775
Accrued wages and benefits 5,646 1,590
Contract liabilities, current portion 8,627 8,110
Other accrued expenses 2,116 801
Other accrued expenses 4,823 1,813
Total current liabilities 24,920 13,288
Long-term debt 51,124 26,645
Contingent earnout liability 11,369 0
Convertible notes payable, net (including related parties of $0 and $7,498 as of December 31, 2021 and 2020, respectively) 0 48,631
Deferred income tax liabilities 835 338
Warrant liability 11,482 4,007
Other long-term liabilities 1,600 249
Total liabilities 101,330 93,158
Commitments and contingencies (Note 11)
Stockholders' equity (deficit)    
Common stock 15 2
Additional paid-in capital 418,575 10,131
Accumulated other comprehensive income (loss) 732 (982)
Accumulated deficit (230,458) (211,146)
Total stockholders’ equity (deficit) 188,864 (48,736)
Total liabilities and stockholders’ equity (deficit) 290,194 44,422
Series A Preferred Stock    
Stockholders' equity (deficit)    
preferred stock 0 52,809
Series B Preferred Stock    
Stockholders' equity (deficit)    
preferred stock 0 35,228
Series C Preferred Stock    
Stockholders' equity (deficit)    
preferred stock $ 0 $ 65,222