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Consolidated Statement of Cash Flows (Statement) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Operating activities    
Net loss [1] $ (94,331) $ (31,674)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 7,799 4,447
Non-cash lease expense related to operating lease right-of-use assets 1,429 1,885
Stock-based compensation 8,407 122
Loss on change in fair value of earn-out liability 31,300 0
Loss on disposal of fixed assets 10 0
Changes in assets and liabilities:    
Accounts receivable and unbilled services, net (including amounts with related parties) 501 (7,860)
Prepaid expenses and other current assets (6,026) (226)
Other assets (142) 363
Accounts payable 5,243 3,832
Accrued expenses and other current liabilities 7,158 6,782
Deferred revenue 2,044 632
Operating lease liabilities (1,112) (3,607)
Other, net 1,242 (172)
Net cash used in operating activities (36,478) (25,476)
Investing activities    
Capitalization of software development costs (19,345) (5,814)
Purchases of fixed assets (1,231) (352)
Net cash used in investing activities (20,576) (6,166)
Financing activities    
Proceeds from Series D-1 financing, net of issuance costs 0 39,860
Repurchase of common stock 0 (3,675)
Proceeds from warrant exercises 10 0
PIPE shares issuance, net of transaction costs 184,530 0
Merger shares issuance, net of transaction costs 52,200 0
Cash received from stock option exercises 1,432 132
Net cash provided by financing activities 238,172 36,317
Net increase in cash, cash equivalents, and restricted cash 181,118 4,675
Cash, cash equivalents, and restricted cash, beginning of period 33,483 28,808
Cash, cash equivalents, and restricted cash, end of period 214,601 33,483
Supplemental disclosures of non-cash activities    
Net change in accounts payable and accrued expenses and other current liabilities related to capitalized software and fixed asset additions (4,325) (375)
ROU asset obtained in exchange for operating lease liabilities (1,305) (4,096)
Conversion of preferred stock into common stock (143,086) 0
Earn-out shares $ 67,600 $ 0
[1] Historical shares and capital amounts have been retroactively restated for reverse recapitalization as described in Note 1.