Condensed Consolidated Statements of Redeemable Convertible Preferred Stock and Stockholders' Equity (Deficit) (Unaudited) - USD ($) $ in Thousands |
Preferred Stock
Series A Redeemable Convertible Preferred Stock
|
Preferred Stock
Series Seed Redeemable Convertible Preferred Stock
|
Common Stock |
Additional Paid-in Capital |
AOCI Attributable to Parent |
Retained Earnings |
Total |
Beginning balance, shares at Dec. 31, 2020 |
6,489,534
|
4,000,000
|
|
|
|
|
|
Beginning balance, value at Dec. 31, 2020 |
$ 12,285
|
$ 4,000
|
|
|
|
|
|
Increase (Decrease) in Temporary Equity [Roll Forward] |
|
|
|
|
|
|
|
Issuance of redeemable convertible preferred stock, net of issuance costs |
$ 7,983
|
|
|
|
|
|
|
Issuance of redeemable convertible preferred stock, net of issuance costs (in shares) |
4,224,274
|
|
|
|
|
|
|
Accretion of Series A redeemable convertible preferred stock to redemption value |
$ 13
|
|
|
|
|
$ (13)
|
$ (13)
|
Ending balance, shares at Mar. 31, 2021 |
10,713,808
|
4,000,000
|
|
|
|
|
|
Ending balance, value at Mar. 31, 2021 |
$ 20,281
|
$ 4,000
|
|
|
|
|
|
Beginning balance, shares at Dec. 31, 2020 |
|
|
243,076
|
|
|
|
|
Beginning balance, value at Dec. 31, 2020 |
|
|
|
$ 63
|
|
(13,407)
|
(13,344)
|
Increase (Decrease) in Temporary Equity [Roll Forward] |
|
|
|
|
|
|
|
Stock based compensation |
|
|
|
23
|
|
|
23
|
Net loss |
|
|
|
|
|
(2,781)
|
(2,781)
|
Ending balance, shares at Mar. 31, 2021 |
|
|
243,076
|
|
|
|
|
Ending balance, value at Mar. 31, 2021 |
|
|
|
86
|
|
(16,201)
|
(16,115)
|
Beginning balance, shares at Dec. 31, 2020 |
6,489,534
|
4,000,000
|
|
|
|
|
|
Beginning balance, value at Dec. 31, 2020 |
$ 12,285
|
$ 4,000
|
|
|
|
|
|
Beginning balance, shares at Dec. 31, 2020 |
|
|
243,076
|
|
|
|
|
Beginning balance, value at Dec. 31, 2020 |
|
|
|
63
|
|
(13,407)
|
(13,344)
|
Increase (Decrease) in Temporary Equity [Roll Forward] |
|
|
|
|
|
|
|
Net loss |
|
|
|
|
|
|
(14,740)
|
Ending balance, shares at Sep. 30, 2021 |
|
|
24,410,393
|
|
|
|
|
Ending balance, value at Sep. 30, 2021 |
|
|
$ 2
|
208,015
|
|
(28,169)
|
179,848
|
Beginning balance, shares at Mar. 31, 2021 |
10,713,808
|
4,000,000
|
|
|
|
|
|
Beginning balance, value at Mar. 31, 2021 |
$ 20,281
|
$ 4,000
|
|
|
|
|
|
Increase (Decrease) in Temporary Equity [Roll Forward] |
|
|
|
|
|
|
|
Issuance of redeemable convertible preferred stock, net of issuance costs |
$ 55,529
|
|
|
|
|
|
|
Issuance of redeemable convertible preferred stock, net of issuance costs (in shares) |
29,338,346
|
|
|
|
|
|
|
Accretion of Series A redeemable convertible preferred stock to redemption value |
$ 9
|
|
|
|
|
(9)
|
(9)
|
Ending balance, shares at Jun. 30, 2021 |
40,052,154
|
4,000,000
|
|
|
|
|
|
Ending balance, value at Jun. 30, 2021 |
$ 75,819
|
$ 4,000
|
|
|
|
|
|
Beginning balance, shares at Mar. 31, 2021 |
|
|
243,076
|
|
|
|
|
Beginning balance, value at Mar. 31, 2021 |
|
|
|
86
|
|
(16,201)
|
(16,115)
|
Increase (Decrease) in Temporary Equity [Roll Forward] |
|
|
|
|
|
|
|
Stock based compensation |
|
|
|
321
|
|
|
321
|
Net loss |
|
|
|
|
|
(5,775)
|
(5,775)
|
Ending balance, shares at Jun. 30, 2021 |
|
|
243,076
|
|
|
|
|
Ending balance, value at Jun. 30, 2021 |
|
|
|
407
|
|
(21,985)
|
(21,578)
|
Increase (Decrease) in Temporary Equity [Roll Forward] |
|
|
|
|
|
|
|
Stock based compensation |
|
|
|
845
|
|
|
845
|
Conversion of redeemable convertible preferred stock to common stock upon initial public offering |
$ (75,819)
|
$ (4,000)
|
$ 1
|
79,818
|
|
|
79,819
|
Conversion of redeemable convertible preferred stock to common stock upon initial public offering, shares |
(40,052,154)
|
(4,000,000)
|
14,182,854
|
|
|
|
|
Issuance of common stock upon initial public offering, net of issuance costs |
|
|
$ 1
|
126,945
|
|
|
126,946
|
Issuance of common stock upon initial public offering, net of issuance costs, shares |
|
|
9,984,463
|
|
|
|
|
Net loss |
|
|
|
|
|
(6,184)
|
(6,184)
|
Ending balance, shares at Sep. 30, 2021 |
|
|
24,410,393
|
|
|
|
|
Ending balance, value at Sep. 30, 2021 |
|
|
$ 2
|
208,015
|
|
(28,169)
|
179,848
|
Beginning balance, shares at Dec. 31, 2021 |
|
|
24,410,393
|
|
|
|
|
Beginning balance, value at Dec. 31, 2021 |
|
|
$ 2
|
208,867
|
$ (59)
|
(36,392)
|
172,418
|
Increase (Decrease) in Temporary Equity [Roll Forward] |
|
|
|
|
|
|
|
Unrealized loss on investments |
|
|
|
|
(585)
|
|
(585)
|
Stock based compensation |
|
|
|
1,024
|
|
|
1,024
|
Net loss |
|
|
|
|
|
(10,910)
|
(10,910)
|
Ending balance, shares at Mar. 31, 2022 |
|
|
24,410,393
|
|
|
|
|
Ending balance, value at Mar. 31, 2022 |
|
|
$ 2
|
209,891
|
(644)
|
(47,302)
|
161,947
|
Beginning balance, shares at Dec. 31, 2021 |
|
|
24,410,393
|
|
|
|
|
Beginning balance, value at Dec. 31, 2021 |
|
|
$ 2
|
208,867
|
(59)
|
(36,392)
|
$ 172,418
|
Increase (Decrease) in Temporary Equity [Roll Forward] |
|
|
|
|
|
|
|
Issuance of common stock upon exercise of stock options (in shares) |
|
|
|
|
|
|
95,997,000
|
Net loss |
|
|
|
|
|
|
$ (36,489)
|
Ending balance, shares at Sep. 30, 2022 |
|
|
24,506,390
|
|
|
|
|
Ending balance, value at Sep. 30, 2022 |
|
|
$ 2
|
212,788
|
(771)
|
(72,881)
|
139,138
|
Beginning balance, shares at Mar. 31, 2022 |
|
|
24,410,393
|
|
|
|
|
Beginning balance, value at Mar. 31, 2022 |
|
|
$ 2
|
209,891
|
(644)
|
(47,302)
|
161,947
|
Increase (Decrease) in Temporary Equity [Roll Forward] |
|
|
|
|
|
|
|
Unrealized loss on investments |
|
|
|
|
(141)
|
|
(141)
|
Stock based compensation |
|
|
|
1,224
|
|
|
1,224
|
Issuance of common stock upon exercise of stock options |
|
|
|
14
|
|
|
14
|
Issuance of common stock upon exercise of stock options (in shares) |
|
|
8,041
|
|
|
|
|
Net loss |
|
|
|
|
|
(11,991)
|
(11,991)
|
Ending balance, shares at Jun. 30, 2022 |
|
|
24,418,434
|
|
|
|
|
Ending balance, value at Jun. 30, 2022 |
|
|
$ 2
|
211,129
|
(785)
|
(59,293)
|
151,053
|
Increase (Decrease) in Temporary Equity [Roll Forward] |
|
|
|
|
|
|
|
Unrealized gain on investments |
|
|
|
|
14
|
|
14
|
Stock based compensation |
|
|
|
1,499
|
|
|
1,499
|
Issuance of common stock upon exercise of stock options |
|
|
|
160
|
|
|
160
|
Issuance of common stock upon exercise of stock options (in shares) |
|
|
87,956
|
|
|
|
|
Net loss |
|
|
|
|
|
(13,588)
|
(13,588)
|
Ending balance, shares at Sep. 30, 2022 |
|
|
24,506,390
|
|
|
|
|
Ending balance, value at Sep. 30, 2022 |
|
|
$ 2
|
$ 212,788
|
$ (771)
|
$ (72,881)
|
$ 139,138
|