General form of registration statement for all companies including face-amount certificate companies

Balance Sheet Components

v3.21.2
Balance Sheet Components
6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Balance Sheet Components [Abstract]    
Balance Sheet Components
Note 5. Balance Sheet Components
Property and Equipment, Net
Property and equipment, net consists of the following (in thousands):
 
    
June 30,
2021
    
December 31,

2020
 
Equipment
   $ 36,276      $ 29,229  
Computer software
     7,292        5,992  
Leasehold improvements
     7,046        5,724  
Molds and tooling
     4,079        3,269  
Vehicles
     1,130        211  
Furniture and fixtures
     173        95  
Construction in progress
     5,049        3,741  
    
 
 
    
 
 
 
Gross property and equipment
     61,045        48,261  
Accumulated depreciation and amortization
     (19,493      (14,135
    
 
 
    
 
 
 
Property and equipment, net
   $ 41,552      $ 34,126  
    
 
 
    
 
 
 
Depreciation and amortization expense for the six months ended June 30, 2021 and 2020 was $5.4 million and $3.2 million, respectively.
Intangible Assets, Net
The intangible assets consist of the following:
 
    
June 30, 2021
    
December 31,

2020
 
Automation Platform Software
   $ 7,200      $ —    
Multimodal Software Technology
     4,900        —    
System Simulation Software Technology
     4,600        —    
             
 
 
 
Gross intangible assets
     16,700        —    
    
 
 
    
 
 
 
Accumulated amortization
     (1,921      —    
    
 
 
    
 
 
 
Intangible assets, net
   $ 14,779      $ —    
    
 
 
    
 
 
 
 
Amortization expense related to intangible assets for the six months ended June 30, 2021 and 2020 was $1.9 million and nil, respectively.
The following table presents the estimated future amortization expense of acquired amortizable intangible assets as of June 30, 2021 (in thousands):
 
Fiscal Year
  
Amount
 
2021 (remainder)
   $ 1,922  
2022
     3,843  
2023
     3,843  
2024
     3,006  
2025
     2,165  
    
 
 
 
     $ 14,779  
    
 
 
 
Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consist of the following (in thousands):
 
    
June 30,

2021
    
December 31,

2020
 
Prepaid equipment
   $ 3,892      $ 1,352  
Prepaid software
     1,797        1,076  
Prepaid taxes
     721        243  
Prepaid insurance
     195        156  
Other
     508        205  
    
 
 
    
 
 
 
Total
   $ 7,113      $ 3,032  
    
 
 
    
 
 
 
Other
non-current
assets
 
    
June 30,

2021
    
December 31,

2020
 
Contractual agreements asset
   $ 54,944      $ —    
Other
non-current
assets
     386        262  
    
 
 
    
 
 
 
Total
   $ 55,330      $ 262  
    
 
 
    
 
 
 
 
Note 4. Balance Sheet Components
Property and Equipment, Net
Property and equipment, net consists of the following (in thousands):
 
    
December 31,
2020
    
December 31,
2019
 
Equipment
   $ 29,229      $ 15,652  
Computer software
     5,992        4,301  
Leasehold improvements
     5,724        4,027  
Molds and tooling
     3,269        3,108  
Vehicles
     211        109  
Furniture and fixtures
     95        52  
Construction
in-progress
     3,741        1,668  
    
 
 
    
 
 
 
Gross property and equipment
     48,261        28,917  
Accumulated depreciation and amortization
     (14,135      (6,698
    
 
 
    
 
 
 
Property and equipment, net
   $ 34,126      $ 22,219  
    
 
 
    
 
 
 
Depreciation and amortization expense for the years ended December 31, 2020 and 2019 was $7.4 million and $4.0 million, respectively.
Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consist of the following (in thousands):
 
    
December 31,
2020
    
December 31,
2019
 
Prepaid equipment
   $ 1,352      $ 2,945  
Prepaid software
     1,076        692  
Prepaid taxes
     243        380  
Prepaid insurance
     156        116  
Other
     205        322  
    
 
 
    
 
 
 
Total
   $ 3,032      $ 4,455