Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 224,721 $ 702,422
Restricted cash 2,771 0
Prepaids and other current assets 63,814 6,463
Total current assets 291,306 708,885
Property and equipment, net 202,314 30,426
Operating lease right-of-use assets 14,228 12,913
Other assets 15,226 1,246
Total assets 523,074 753,470
Current liabilities    
Accounts payable 52,267 17,243
Accrued expenses and other current liabilities 83,925 10,625
Total current liabilities 136,192 27,868
Contingent earnout shares liability 29,057 133,503
Private placement warrants liability 0 6,613
Operating lease liabilities 13,826 13,262
Long-term debt 0 6,943
Other long-term liabilities 0 39
Total liabilities 179,075 188,228
Commitments and contingencies (Note 10)
Stockholders’ equity    
Preferred stock, $0.0001 par value; 10,000 authorized, no shares issued and outstanding at December 31, 2021 and 2020 0 0
Common stock, $0.0001 par value; 500,000 shares authorized; 238,578,366 and 235,753,000 issued and outstanding at December 31, 2021 and 2020, respectively 24 24
Additional paid-in capital 1,036,104 910,579
Accumulated deficit (692,129) (345,361)
Total stockholders’ equity 343,999 565,242
Total liabilities and stockholders’ equity $ 523,074 $ 753,470