Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)

v3.22.1
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenue (see Note 8 for related party transactions) $ 5,492 $ 3,965
Cost of revenue (see Note 8 for related party transactions) 6,696 4,698
Gross loss (1,204) (733)
Operating Expenses    
General and Administrative Expense 7,662 4,143
Selling and Marketing Expense 1,489 27,483
Research and Development Expense 20,343 12,310
Total operating expenses 29,494 43,936
Loss from operations (30,698) (44,669)
Other income (expense):    
Interest income, net 7 11
Change in fair value of derivative liabilities 7,183
Other expense, net (48) (20)
Net loss before income taxes (23,556) (44,678)
Income tax 10 5
Net loss (23,566) (44,683)
Other comprehensive loss:    
Net foreign currency translation adjustments (7) (6)
Total Comprehensive loss $ (23,573) $ (44,689)
Weighted Average Number of Shares Outstanding, Basic and Diluted 231,990,998 21,704,185
Class A and C Common Stock    
Other comprehensive loss:    
Net loss per common share (Class A and C), basic and diluted $ (0.10) $ (2.06)