Quarterly report pursuant to Section 13 or 15(d)

Revision of Previously Issued Condensed Consolidated Financial Statements - Schedule of Impact of the Revision (Details)

v3.24.2.u1
Revision of Previously Issued Condensed Consolidated Financial Statements - Schedule of Impact of the Revision (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Total Revenue $ 10,344 $ 25,134 $ 20,130 $ 51,821
Cost of revenue 13,241 22,598 25,842 46,753
Gross profit (loss) (2,897) 2,536 (5,712) 5,068
Operating expenses        
Research and development 4,545 12,238 9,588 22,655
Selling and marketing 4,273 6,108 9,082 12,282
General and administrative 8,805 9,896 17,588 20,087
Total operating expenses 17,623 28,242 36,258 55,024
Loss from operations (20,520) (25,706) (41,970) (49,956)
Interest expense (5,463) (344) (9,360) (564)
Gain (loss) on fair value of warrants 25,310 828 22,690 (1,725)
Gain (loss) on fair value of contingent earnout liabilities 1,824 1,843 1,387 (7,810)
Other income, net (1,327) 178 (1,233) 529
Income (loss) before provision for income taxes (176) (23,201) (28,486) (59,526)
Provision for income taxes 4 0 0 0
Net income (loss) $ (172) $ (23,201) $ (28,486) $ (59,526)
Net loss per share basic $ (0.02) $ (4.1) $ (3.55) $ (10.63)
Net loss per share Diluted $ (0.02) $ (4.1) $ (3.55) $ (10.63)
Shares used in computing net loss per share basic 8,475,386 5,659,601 8,015,722 5,598,386
Shares used in computing net loss per share diluted 8,475,386 5,659,601 8,015,722 5,598,386
Net income (loss) $ (172) $ (23,201) $ (28,486) $ (59,526)
Net unrealized holding gain on available-for-sale investments 42 148 94 436
Total comprehensive income (loss) (130) (23,053) (28,392) (59,090)
As Previously Reported        
Total Revenue   25,134   51,948
Cost of revenue   22,154   46,043
Gross profit (loss)   2,980   5,905
Operating expenses        
Research and development   12,454   23,001
Selling and marketing   6,108   12,282
General and administrative   10,124   20,451
Total operating expenses   28,686   55,734
Loss from operations   (25,706)   (49,829)
Interest expense   (344)   (564)
Gain (loss) on fair value of warrants   828   (1,725)
Gain (loss) on fair value of contingent earnout liabilities   1,843   (7,810)
Other income, net   178   529
Income (loss) before provision for income taxes   (23,201)   (59,399)
Provision for income taxes   0   0
Net income (loss)   $ (23,201)   $ (59,399)
Net loss per share basic   $ (4.1)   $ (10.61)
Net loss per share Diluted   $ (4.1)   $ (10.61)
Shares used in computing net loss per share basic   5,659,601   5,598,386
Shares used in computing net loss per share diluted   5,659,601   5,598,386
Net income (loss)   $ (23,201)   $ (59,399)
Net unrealized holding gain on available-for-sale investments   148   436
Total comprehensive income (loss)   (23,053)   (58,963)
Adjustment        
Total Revenue   0   (127)
Cost of revenue   444   710
Gross profit (loss)   (444)   (837)
Operating expenses        
Research and development   (216)   (346)
Selling and marketing   0   0
General and administrative   (228)   (364)
Total operating expenses   (444)   (710)
Loss from operations   0   (127)
Interest expense   0   0
Gain (loss) on fair value of warrants   0   0
Gain (loss) on fair value of contingent earnout liabilities   0   0
Other income, net   0   0
Income (loss) before provision for income taxes   0   (127)
Provision for income taxes   0   0
Net income (loss)   $ 0   $ (127)
Net loss per share basic   $ 0   $ 0
Net loss per share Diluted   $ 0   $ 0
Shares used in computing net loss per share basic   0   0
Shares used in computing net loss per share diluted   0   0
Net income (loss)   $ 0   $ (127)
Net unrealized holding gain on available-for-sale investments   0   0
Total comprehensive income (loss)   0   (127)
3D Printer        
Revenue from contract with customer 8,679 23,190 16,339 47,638
Cost of revenue 10,744 20,052 20,138 42,220
3D Printer | As Previously Reported        
Revenue from contract with customer   23,190   47,765
Cost of revenue   19,728   41,702
3D Printer | Adjustment        
Revenue from contract with customer   0   (127)
Cost of revenue   324   518
Recurring payment        
Recurring Payment 292 35 762 610
Cost of revenue 232 335 547 782
Recurring payment | As Previously Reported        
Recurring Payment   35   610
Cost of revenue   335   782
Recurring payment | Adjustment        
Recurring Payment   0   0
Cost of revenue   0   0
Support services        
Revenue from contract with customer 1,373 1,909 3,029 3,573
Cost of revenue $ 2,265 2,211 $ 5,157 3,751
Support services | As Previously Reported        
Revenue from contract with customer   1,909   3,573
Cost of revenue   2,091   3,559
Support services | Adjustment        
Revenue from contract with customer   0   0
Cost of revenue   $ 120   $ 192