Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

v3.22.4
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues      
Total revenues $ 209,023 $ 112,408 $ 16,470
Cost of sales      
Total cost of sales 193,952 94,115 31,519
Gross profit (loss) 15,071 18,293 (15,049)
Operating expenses      
Research and development 96,878 68,131 43,136
Sales and marketing 68,091 47,995 13,136
General and administrative 83,065 78,041 20,734
In-process research and development assets acquired   25,581  
Goodwill impairment 498,800    
Total operating expenses 746,834 219,748 77,006
Loss from operations (731,763) (201,455) (92,055)
Change in fair value of warrant liability   (56,576) 56,417
Interest expense (1,743) (149) (328)
Interest and other (expense) income, net (8,335) (11,822) 1,011
Loss before income taxes (741,841) (270,002) (34,955)
Income tax benefit 1,498 29,668 940
Net loss $ (740,343) $ (240,334) $ (34,015)
Net loss per share-Basic $ (2.35) $ (0.92) $ (0.22)
Net loss per share-Diluted $ (2.35) $ (0.92) $ (0.22)
Weighted average shares outstanding, basic 314,817 260,770 157,906
Weighted average shares outstanding, diluted 314,817 260,770 157,906
Products      
Revenues      
Total revenues $ 190,248 $ 105,994 $ 13,718
Cost of sales      
Total cost of sales 178,952 87,450 26,945
Services      
Revenues      
Total revenues 18,775 6,414 2,752
Cost of sales      
Total cost of sales $ 15,000 $ 6,665 $ 4,574