v3.23.3
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Revenue $ 519 $ 0 $ 519 $ 0
Cost of revenue 903 0 903 0
Gross margin (384) 0 (384) 0
Operating Expenses        
Research and development expenses, excluding depreciation 21,965 57,063 107,651 255,009
Selling, general and administrative expenses, excluding depreciation 24,925 48,826 85,195 159,600
Depreciation 1,495 3,449 10,632 9,020
Total operating expenses 48,385 109,338 203,478 423,629
Loss from operations (48,769) (109,338) (203,862) (423,629)
Other (expense) income        
Interest expense (4,195) (2,179) (6,755) (2,189)
Gain (loss) on fair value change in contingent earnout shares liability 279 (2,067) 2,843 22,869
Gain on fair value change in warrant and derivative liability 17,126 0 40,091 0
Loss on fair value change in derivative asset (3,761) 0 (3,761) 0
Loss on fair value change in convertible debt (69,615) 0 (69,615) 0
Loss on extinguishment of debt (2,573) (4,095) (30,261) (4,095)
Other expense, net (466) (26) (2,256) (420)
Loss before income taxes (111,974) (117,705) (273,576) (407,464)
Provision for income taxes 0 0 0 0
Net loss and comprehensive loss (111,974) (117,705) (273,576) (407,464)
Net loss and comprehensive loss $ (111,974) $ (117,705) $ (273,576) $ (407,464)
Per Share Data:        
Net loss per share, basic (in dollars per share) $ (0.18) $ (0.43) $ (0.53) $ (1.62)
Net loss per share, diluted (in dollars per share) $ (0.18) $ (0.43) $ (0.53) $ (1.62)
Weighted-average shares outstanding, basic (in shares) 621,286 275,455 515,879 250,783
Weighted-average shares outstanding, diluted (in shares) 621,286 275,455 515,879 250,783

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