XML 12 R3.htm IDEA: XBRL DOCUMENT v3.24.2.u1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 25,605 $ 23,476
Accounts receivable, net of allowance of $114 and $126, respectively 1,680 901
Prepaid expenses and other current assets 4,344 2,173
Total current assets 31,629 26,550
Property and equipment, net 37,123 41,130
Operating lease right-of-use assets 2,215 3,195
Other non-current assets 5,631 5,507
Total assets 76,598 76,382
Current liabilities    
Accounts payable 9,475 7,935
Warrant liabilities 1,595 2,795
Earnout liabilities 213 419
Operating lease liabilities 1,536 2,143
Contract liabilities 2,829 3,728
Accrued expenses and other liabilities 2,730 4,372
Total current liabilities 18,378 21,392
Secured Convertible Notes at fair value 36,430 0
Operating lease liabilities 1,225 1,789
Contract liabilities 1,000 1,000
Other non-current liabilities 501 526
Total liabilities 57,534 24,707
Commitments and contingencies (Note 15)
Stockholders' equity    
Ordinary Shares, $0.0001 par value, unlimited shares authorized; 78,089,268 Class A shares issued and 77,521,445 outstanding; and 13,582,642 Class B shares issued and outstanding as of June 30, 2024 and 77,289,166 Class A shares issued and 76,721,343 outstanding and 13,582,642 Class B shares issued and outstanding as of December 31, 2023 0 0
Treasury stock, at cost: 567,823 shares at June 30, 2024, and December 31, 2023 (8,603) (8,603)
Additional paid-in capital 345,160 344,144
Accumulated other comprehensive loss (381) (33)
Accumulated deficit (317,112) (283,833)
Total stockholders’ equity 19,064 51,675
Total liabilities, and stockholders’ equity $ 76,598 $ 76,382