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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue:        
Total revenue $ 55,691 $ 32,311 $ 142,164 $ 100,951
Cost of Revenue:        
Total cost of revenue 37,789 18,764 98,955 57,056
Gross profit 17,902 13,547 43,209 43,895
Operating Expense:        
Research and development 47,514 47,092 142,626 150,377
Sales, general and administrative 43,431 36,795 123,822 115,851
Merger-related expenses 8,979 0 8,979 0
Amortization of acquired intangible assets 741 0 741 0
Change in fair value of contingent consideration (271) 4,280 13,960 (2,221)
Total operating expense 100,394 88,167 290,128 264,007
Operating loss (82,492) (74,620) (246,919) (220,112)
Loss on extinguishment of debt 0 0 (2,033) 0
Interest expense (3,588) (3,664) (10,772) (11,042)
Other income, net 8,505 1,313 24,301 1,290
Loss before benefit from income taxes (77,575) (76,971) (235,423) (229,864)
Benefit from income taxes (10,706) 0 (10,706) 0
Net loss (66,869) (76,971) (224,717) (229,864)
Other comprehensive income (loss):        
Unrealized gain (loss) on investments 846 (803) 2,925 (5,173)
Comprehensive loss $ (66,023) $ (77,774) $ (221,792) $ (235,037)
Net loss per share:        
Basic (in dollars per share) $ (0.26) $ (0.34) $ (0.90) $ (1.03)
Diluted (in dollars per share) $ (0.26) $ (0.34) $ (0.90) $ (1.03)
Weighted average shares outstanding used in calculating net loss per share:        
Basic (in shares) 255,001 225,123 249,082 223,981
Diluted (in shares) 255,001 225,123 249,082 223,981
Product revenue        
Revenue:        
Total revenue $ 51,562 $ 27,509 $ 129,871 $ 85,928
Cost of Revenue:        
Cost of revenue 33,735 15,752 87,697 46,437
Service and other revenue        
Revenue:        
Total revenue 4,129 4,802 12,293 15,023
Cost of Revenue:        
Cost of revenue $ 4,054 $ 3,012 $ 11,258 $ 10,619