Balance Sheet Components (Tables)
|
9 Months Ended |
Sep. 30, 2022 |
|---|
| Organization, Consolidation and Presentation of Financial Statements [Abstract] |
|
| Summary of Property, Plant and Equipment |
Property and equipment, net consists of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
September 30,
2022 |
|
December 31,
2021 |
| Equipment |
$ |
58,613 |
|
|
$ |
45,501 |
|
| Computer software |
10,088 |
|
|
8,410 |
|
| Leasehold improvements |
11,650 |
|
|
9,364 |
|
| Molds and tooling |
9,818 |
|
|
8,052 |
|
| Vehicles and aircraft |
1,582 |
|
|
1,198 |
|
| Buildings |
4,504 |
|
|
— |
|
| Furniture and fixtures |
376 |
|
|
319 |
|
| Construction in-progress |
4,599 |
|
|
6,394 |
|
| Gross property and equipment |
101,230 |
|
|
79,238 |
|
| Accumulated depreciation and amortization |
(38,276) |
|
|
(26,083) |
|
| Property and equipment, net |
$ |
62,954 |
|
|
$ |
53,155 |
|
|
| Schedule of Intangible Assets |
The intangible assets consist of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
September 30,
2022 |
|
December 31,
2021 |
| Automation platform software |
$ |
7,200 |
|
|
$ |
7,200 |
|
| Multimodal software technology |
4,900 |
|
|
4,900 |
|
| System simulation software technology |
4,600 |
|
|
4,600 |
|
| Other intangibles |
5,328 |
|
|
1,655 |
|
| Gross intangible assets |
22,028 |
|
|
18,355 |
|
| Accumulated amortization |
(7,830) |
|
|
(3,843) |
|
| Intangible assets, net |
$ |
14,198 |
|
|
$ |
14,512 |
|
|
| Schedule of Estimated Future Amortization Expense of Acquired Intangible Assets |
The following table presents the estimated future amortization expense of acquired amortizable intangible assets as of September 30, 2022 (in thousands):
|
|
|
|
|
|
| Fiscal Year |
Amount |
2022 (remainder) |
$ |
1,535 |
|
| 2023 |
6,107 |
|
| 2024 |
4,370 |
|
| 2025 |
2,186 |
|
|
$ |
14,198 |
|
|
| Schedule of Prepaid Expenses and Other Current Assets |
Prepaid expenses and other current assets consist of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
September 30,
2022 |
|
December 31,
2021 |
| Prepaid equipment |
$ |
5,211 |
|
|
$ |
2,923 |
|
| Prepaid software |
3,042 |
|
|
4,494 |
|
| Prepaid taxes |
2,142 |
|
|
1,332 |
|
| Prepaid insurance |
8,479 |
|
|
8,031 |
|
| Other |
1,360 |
|
|
636 |
|
| Total |
$ |
20,234 |
|
|
$ |
17,416 |
|
|
| Schedule of Other Noncurrent Assets |
Other non-current assets consist of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
September 30,
2022 |
|
December 31,
2021 |
| Contractual agreement asset |
$ |
59,611 |
|
|
$ |
59,611 |
|
| Long term prepaid insurance |
5,181 |
|
|
10,511 |
|
| Other non-current assets |
570 |
|
|
199 |
|
| Total |
$ |
65,362 |
|
|
$ |
70,321 |
|
|
| Schedule of Accrued and Other Liabilities |
Accrued and other current liabilities consist of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
September 30,
2022 |
|
December 31,
2021 |
| 2022 Bonus Plan accrual (Note 9) |
$ |
9,274 |
|
|
$ |
— |
|
| Vendor related accruals |
6,551 |
|
|
4,220 |
|
| Payroll accruals |
2,495 |
|
|
4,026 |
|
| Acquisition-related obligation accrual |
2,167 |
|
|
— |
|
| Other accruals and current liabilities |
4,013 |
|
|
1,965 |
|
| Total |
$ |
24,500 |
|
|
$ |
10,211 |
|
|