Nature of Business and Operations (Tables) - Jaws Acquisition Corp

12 Months Ended

Dec. 31, 2021

Business Acquisition [Line Items]

Summary of Elements of Business Combination to the Consolidated Statement of Cash Flows

The following table reconciles the elements of the Business Combination to the consolidated statements of cash flows and the consolidated statements of changes in equity for the year ended December 31, 2021:

(in thousands)	Recapitalization
Cash - Jaws’ trust and cash, net of redemptions	$	690,705
Cash - PIPE financing		800,000
Less: transaction costs and advisory fees paid		(88,745	)
Less: Distribution to PCIH shareholders		(466,598	)
Net Business Combination and PIPE financing		935,362
Plus: Non-cash net assets assumed		96
Plus: Accrued transaction costs		8,860
Less: Capitalized transaction costs		(8,167	)
Less: Warrant liability assumed		(163,058	)
Net contributions from Business Combination and PIPE financing	$	773,093

Summary of the Reconcile Number of Shares of Common Stock Issued Through Business Combination

The number of shares of common stock issued immediately following the consummation of the Business Combination is as follows:

	Class A common stock			Class B common stock
Common stock outstanding prior to Business Combination		69,000,000			—
Less: redemption of Jaws shares		(6,509	)		—
Ordinary shares of Jaws		68,993,491			—
Jaws Sponsor Shares		17,250,000			—
Shares issued in PIPE financing		80,000,000			—
Business Combination and PIPE financing shares		166,243,491			—
Shares to PCIH shareholders		—			306,843,662
Total shares of common stock outstanding immediately after the Business Combination		166,243,491			306,843,662