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Summary of Significant Accounting Policies (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Summary Of Basic and Diluted Income (Loss) Per Ordinary Share

The following table sets forth the computation of basic and diluted net loss per common share attributable to common stockholders (in thousands, except share and per share data):

 

     Three Months Ended March 31,  
     2021      2020  

Numerator:

     

Net loss

   $ (20,957    $ (18,693
  

 

 

    

 

 

 

Denominator:

     

Weighted average shares used to compute basic and diluted net loss per share

     55,688,281      7,767,169
  

 

 

    

 

 

 

Net loss per common share—basic and diluted

   $ (0.38    $ (2.41
  

 

 

    

 

 

 
 
Schedule of Revenue by Geographic Location  

The following table presents total revenues by geographic area based on the location products were shipped to and services provided (in thousands):

 

     Year ended
December 31,
 
     2019      2020  

United States

   $ 7,035      $ 8,328  

Americas, excluding United States

     361        436  

Europe, Middle East and Africa

     2,368        5,870  

Asia and Pacific

     1,649        4,270  
  

 

 

    

 

 

 

Total

   $ 11,413      $ 18,904  
  

 

 

    

 

 

 
Schedule of Allowance for Doubtful Accounts  

Changes in the Company’s allowance for doubtful accounts were as follows (in thousands):

 

     Year Ended
December 31, 2019
     Year Ended
December 31, 2020
 

Beginning balance

   $  —      $ 117  

Provisions

     169        67  

Uncollectible accounts written off, net of recoveries

     (52      (56
  

 

 

    

 

 

 

Ending balance

   $ 117      $ 128  
  

 

 

    

 

 

 
Summary of Changes in Allowance for Excess and Obsolete Inventory  

Changes in the Company’s allowance for excess and obsolete inventory were as follows (in thousands):

 

     Year Ended
December 31, 2019
     Year Ended
December 31, 2020
 

Beginning balance

   $ 1,676      $ 6,440  

Charged to cost of revenue

     8,875        797  

Direct write off

     (4,111      (4,538
  

 

 

    

 

 

 

Ending balance

   $ 6,440      $ 2,699  
  

 

 

    

 

 

 
Schedules of Concentration of Risk by Major Customers

Accounts receivable from the Company’s major customers representing 10% or more of total accounts receivable was as follows:

 

     March 31,
2021
    December 31,
2020
 

Customer A

     14     13

Customer B

            23

 

*

Customer accounted for less than 10% of total accounts receivable in the period.

 

Revenue from the Company’s major customers representing 10% or more of total revenue was as follows:

 

     March 31,
2021
    March 31,
2020
 

Customer B

              12

Customer C

     28         

Customer D

              18

 

*

Customer accounted for less than 10% of total revenue in the period.

Accounts receivable from the Company’s major customers representing 10% or more of total accounts receivable was as follows:

 

     December 31,
2019
    December 31,
2020
 

Customer A

     10     *  

Customer B

     21     *  

Customer C

     *       13

Customer D

     *       23

* Customer accounted for less than 10% of total accounts receivable in the period.

Schedule of Disaggregation of Revenue

The following table presents total revenues by geographic area based on the location products were shipped to and services provided (in thousands):

 

     Three Months
Ended March 31,
 
     2021      2020  

United States

   $ 1,858    $ 1,274

Americas, excluding United States

     366      71

Europe, Middle East and Africa

     3,133      581

Asia and Pacific

     1,254      374
  

 

 

    

 

 

 

Total

   $ 6,611    $ 2,300
  

 

 

    

 

 

 
 
Colonnade Acquisition Corp.    
Summary Of Basic and Diluted Income (Loss) Per Ordinary Share  

The following table reflects the calculation of basic and diluted net income (loss) per ordinary share (in dollars, except per share amounts):

 

     For the
Period from

June 4, 2020
(inception)
through
December 31,
2020
 

Class A Ordinary shares

  

Numerator: Earnings allocable to Class A Ordinary shares

  

Interest income

   $ 54,051  

Unrealized gain on investments held in Trust Account

     2,931  
  

 

 

 

Net income allocable to Class A Ordinary shares

   $ 56,982  
  

 

 

 

Denominator: Weighted Average Class A Ordinary

  

Basic and diluted weighted average shares outstanding

     13,913,043  
  

 

 

 

Basic and diluted net income per share

   $ 0.00  
  

 

 

 

Class B Ordinary Shares

  

Numerator: Net Loss minus Net Earnings

  

Net loss

   $ (51,512,690

Less: Net income allocable to Class A Ordinary Shares

     (56,982

Less: Accretion of Class A Ordinary Shares to redemption value

     (16,012,881
  

 

 

 

Net Loss attributable to Class B Ordinary Shares

   $ (67,582,553
  

 

 

 

Denominator: Weighted Average Class B Ordinary Shares

  

Basic and diluted weighted average shares outstanding

     5,000,000  
  

 

 

 

Basic and diluted net loss per Class B Ordinary Share

   $ (13.52