Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations and Comprehensive Loss

v3.23.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Recurring payment $ 4,161 $ 1,589
Total Revenue 80,757 27,439
Total cost of revenue 77,863 22,481
Gross profit 2,894 4,958
Operating expenses    
Research and development 46,266 27,002
Selling and marketing 23,907 12,363
General and administrative 36,982 23,352
Total operating expenses 107,155 62,717
Loss from operations (104,261) (57,759)
Interest expense (372) (2,740)
Loss on the convertible note modification 0 (50,577)
Gain (loss) on fair value of warrants 19,129 (5,202)
Gain on fair value of contingent earnout liabilities 94,073 9,275
Other income (expense), net 1,451 (88)
Gain (loss) before provision for income taxes 10,020 (107,091)
Provision for income taxes 0 0
Net income (loss) $ 10,020 $ (107,091)
Net income (loss) per share:    
Basic (in dollars per share) $ 0.05 $ (1.82)
Diluted (in dollars per share) $ 0.05 $ (1.82)
Denominator:    
Basic weighted average shares outstanding 185,079,101 58,688,496
Diluted weighted average shares outstanding 202,174,903 58,688,496
Net income (loss) $ 10,020 $ (107,091)
Net unrealized holding losses on available-for-sale investments (823) (14)
Total comprehensive income (loss) 9,197 (107,105)
3D Printer    
Revenue from contract with customer 71,346 23,015
Total cost of revenue 68,253 17,560
Recurring payment    
Total cost of revenue 2,612 1,112
Support services    
Revenue from contract with customer 5,250 2,835
Total cost of revenue $ 6,998 $ 3,809