Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 207,602 $ 15,517
Short-term investments 15,483 0
Accounts receivable, net 12,778 1,232
Inventories 22,479 7,309
Contract assets 274 3,033
Prepaid expenses and other current assets 9,458 807
Total current assets 268,074 27,898
Property and equipment, net 10,046 1,006
Equipment on lease, net 8,366 2,855
Other assets 16,231 932
Total assets 302,717 32,691
Current liabilities:    
Accounts payable 9,882 1,226
Accrued expenses and other current liabilities 9,414 2,512
Debt – current portion 5,114 3,687
Contract liabilities 22,252 4,702
Total current liabilities 46,662 12,127
Long-term debt – less current portion 2,956 4,316
Contingent earnout liabilities (Note 17) 111,487 0
Warrant liabilities (Note 17) 21,705 181
Other noncurrent liabilities 9,492 184
Total liabilities 192,302 16,808
Commitments and contingencies (Note 20)
Redeemable convertible preferred stock, $0.00001 par value, 10,000,000 and 125,419,265 shares authorized as of December 31, 2021 and 2020, respectively; 0 and 117,734,383 shares issued and outstanding as of December 31, 2021 and 2020, respectively, liquidation preference of $0 and $133,762 as of December 31, 2021 and 2020, respectively 0 123,704
Stockholders' equity (deficit):    
Common stock, $0.00001 par value – 500,000,000 and 176,025,618 shares authorized at December 31, 2021 and 2020, respectively, 183,232,494 and 16,003,558 shares issued and outstanding as of December 31, 2021 and 2020, respectively 2 1
Additional paid-in capital 340,294 14,954
Accumulated other comprehensive income (loss) (14) 0
Accumulated deficit (229,867) (122,776)
Total stockholders’ equity (deficit) 110,415 (107,821)
Total liabilities, redeemable convertible preferred stock and stockholders’ equity (deficit) $ 302,717 $ 32,691