Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Loss

v3.22.2.2
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Recurring Payment $ 1,183 $ 596 $ 3,042 $ 1,231
Total Revenue 19,115 8,711 50,977 17,029
Cost of revenue 19,236 7,237 49,851 13,761
Gross profit (loss) (121) 1,474 1,126 3,268
Operating expenses        
Research and development 12,558 7,987 38,438 19,081
Selling and marketing 5,632 3,346 17,864 7,706
General and administrative 9,642 5,158 27,191 15,162
Total operating expenses 27,832 16,491 83,493 41,949
Loss from operations (27,953) (15,017) (82,367) (38,681)
Interest expense (129) (986) (362) (1,630)
Loss on the convertible note modification 0 (50,577) 0 (50,577)
Gain (loss) on fair value of warrants (6,612) (1,892) 11,039 (3,633)
Gain (loss) on fair value of contingent earnout liabilities (40,885) 2,014 58,110 2,014
Other income (expense), net 384 (120) 993 (156)
Loss before provision for income taxes (75,195) (66,578) (12,587) (92,663)
Provision for income taxes 0 0 0 0
Net loss $ (75,195) $ (66,578) $ (12,587) $ (92,663)
Net loss per share:        
Basic (in dollars per share) $ (0.41) $ (3.36) $ (0.07) $ (5.34)
Diluted (in dollars per share) $ (0.41) $ (3.36) $ (0.07) $ (5.34)
Shares used in computing net loss per share:        
Basic (in shares) 185,560,177 19,793,863 184,454,371 17,348,557
Diluted (in shares) 185,560,177 19,793,863 184,454,371 17,348,557
Net loss $ (75,195) $ (66,578) $ (12,587) $ (92,663)
Net unrealized holding loss on available-for-sale investments (178) 0 (1,121) 0
Total comprehensive loss (75,373) (66,578) (13,708) (92,663)
3D Printer        
Revenue from contract with customer 16,537 7,281 44,336 13,594
Cost of revenue 16,574 5,692 42,686 10,174
Recurring payment        
Cost of revenue 656 418 2,059 862
Support services        
Revenue from contract with customer 1,395 834 3,599 2,204
Cost of revenue $ 2,006 $ 1,127 $ 5,106 $ 2,725