Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 6,815 $ 224,721
Restricted cash, current 4,208 2,771
Inventory 1,282 0
Prepaids and other current assets 28,107 63,814
Total current assets 40,412 291,306
Property and equipment, net 301,974 202,314
Restricted cash, non-current 9,500 0
Operating lease right-of-use assets 28,469 14,228
Deferred asset - Walmart warrants 50,175 0
Other assets 14,256 15,226
Total assets 444,786 523,074
Current liabilities    
Accounts payable 96,576 52,267
Accrued expenses and other current liabilities 74,118 83,925
Convertible debt, current 12,500 0
Total current liabilities 183,194 136,192
Contingent earnout shares liability 6,188 29,057
Operating lease liabilities 27,533 13,826
Total liabilities 216,915 179,075
Commitments and Contingencies
Stockholders’ equity    
Preferred stock, $0.0001 par value; 10,000 authorized, no shares issued and outstanding at September 30, 2022 and December 31, 2021 0 0
Common stock, $0.0001 par value; 500,000 authorized; 299,868 and 238,578 issued and outstanding at September 30, 2022 and December 31, 2021, respectively 29 24
Additional paid-in capital 1,327,435 1,036,104
Accumulated deficit (1,099,593) (692,129)
Total stockholders’ equity 227,871 343,999
Total liabilities and stockholders’ equity $ 444,786 $ 523,074