Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Operations and Comprehensive Loss

v3.21.2
Condensed Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Recurring payment $ 596 $ 146 $ 1,231 $ 146
Total 8,711 2,273 17,029 12,233
Cost of revenue 7,237 1,785 13,761 8,240
Gross profit 1,474 488 3,268 3,993
Operating expenses        
Research and development 7,987 4,043 19,081 10,917
Selling and marketing 3,346 1,526 7,706 4,401
General and administrative 5,158 1,941 15,162 6,069
Total operating expenses 16,491 7,510 41,949 21,387
Loss from operations (15,017) (7,022) (38,681) (17,394)
Interest expense (986) (48) (1,630) (200)
Loss on the convertible note modification (50,577) 0 (50,577) 0
Gain/(loss) on fair value of warrants (1,892) (2) (3,633) 5
Gain on fair value of contingent earnout liabilities 2,014 0 2,014 0
Other income (expense), net (120) (35) (156) (2)
Loss before provision for income taxes (66,578) (7,107) (92,663) (17,591)
Provision for income taxes 0 0 0 0
Net loss (66,578) (7,107) (92,663) (17,591)
Comprehensive loss $ (66,578) $ (7,107) $ (92,663) $ (17,591)
Net loss per share attributable to common stockholders, basic (in usd per share) $ (3.36) $ (0.44) $ (5.34) $ (1.13)
Net loss per share attributable to common stockholders, diluted (in usd per share) $ (3.36) $ (0.44) $ (5.34) $ (1.13)
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic (in shares) 19,793,863 15,994,154 17,348,557 15,503,475
Weighted-average shares used in computing net loss per share attributable to common stockholders, diluted (in shares) 19,793,863 15,994,154 17,348,557 15,503,475
3D Printer        
Revenue from contract with customer $ 7,281 $ 1,738 $ 13,594 $ 11,038
Cost of revenue 5,692 1,142 10,174 6,852
Recurring payment        
Cost of revenue 418 102 862 102
Support services        
Revenue from contract with customer 834 389 2,204 1,049
Cost of revenue $ 1,127 $ 541 $ 2,725 $ 1,286