XML 20 R5.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Total revenue $ 7,426 $ 4,502
Cost of Revenues 7,232 4,394
Gross profit 194 108
Operating expenses:    
Research and development 33,013 24,158
Selling, general and administrative 28,629 14,286
Total operating expenses 61,642 38,444
Operating loss (61,448) (38,336)
Other income (expense):    
Gain on change in fair value of earnout liability 74,078 0
Gain on change in fair value of warrant liability 2,875 0
Foreign currency transaction loss, net (2,168) 0
(Loss) gain on extinguishment of debt (958) 1,121
Other expense, net (472) (22)
Interest (expense) income, net (2,511) 15
Income (loss) before income taxes 9,396 (37,222)
Provision for income taxes (16) (20)
Net income (loss) $ 9,380 $ (37,242)
Net income (loss) per share, basic (in Dollars per share) $ 0.06 $ (0.55)
Net income (loss) per share, diluted (in Dollars per share) $ 0.06 $ (0.55)
Weighted-average common shares, basic (in shares) 146,917,925 67,139,289
Weighted-average common shares, diluted (in Shares) 155,728,451 67,139,289
Net income (loss) $ 9,380 $ (37,242)
Other comprehensive loss, net of tax:    
Changes in unrealized loss on available-for-sale securities (6) (4)
Foreign currency translation adjustments (317) (21)
Total other comprehensive loss, net of tax (323) (25)
Comprehensive income (loss) 9,057 (37,267)
Lidar sensor and prototype revenue    
Revenue 5,616 2,919
Cost of Revenues 6,383 3,952
Development revenue    
Revenue 1,810 1,583
Cost of Revenues $ 849 $ 442