Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

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Condensed Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 296,826 $ 15,517
Accounts receivable, net 6,558 1,232
Inventories 15,220 7,309
Contract assets 1,510 3,033
Prepaid expenses and other current assets 9,069 807
Total current assets 329,183 27,898
Property and equipment, net 5,001 1,006
Equipment on lease, net 7,748 2,855
Other assets 5,858 932
Total assets 347,790 32,691
Current liabilities:    
Accounts payable 33,343 1,226
Accrued expenses and other current liabilities 6,552 2,512
Debt – current portion 13,731 3,687
Contract liabilities 17,116 4,702
Total current liabilities 70,742 12,127
Long-term debt – less current portion 14,322 4,316
Contingent earnout liabilities (Note 16) 118,749 0
Warrant liabilities (Note 16) 20,136 181
Other noncurrent liabilities 1,673 184
Total liabilities 225,622 16,808
Commitments and contingencies (Note 19)
Redeemable convertible preferred stock, $0.00001 par value, 10,000,000 and 125,419,265 shares authorized as of September 30, 2021 and December 31, 2020, respectively; 0 and 117,734,383 shares issued as of September 30, 2021 and December 31, 2020, respectively, 0 and 117,734,383 shares outstanding as of September 30, 2021 and December 31, 2020; liquidation preference of $0 and $133,762 as of September 30, 2021 and December 31, 2020, respectively 0 123,704
Stockholders’ equity (deficit):    
Common stock, $0.00001 par value – 500,000,000 and 216,000,000 shares authorized at September 30, 2021 and December 31, 2020, 183,163,826 and 16,003,558 shares issued and outstanding as of September 30, 2021 and December 31, 2020, respectively 2 1
Additional paid-in capital 337,605 14,954
Accumulated deficit (215,439) (122,776)
Total stockholders’ equity (deficit) 122,168 (107,821)
Total liabilities, redeemable convertible preferred stock and stockholders’ equity (deficit) $ 347,790 $ 32,691