Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Redeemable Convertible Preferred Stock and Stockholders' Equity (Deficit)

v3.22.2
Condensed Consolidated Statements of Redeemable Convertible Preferred Stock and Stockholders' Equity (Deficit) - USD ($)
$ in Thousands
Total
Common Stock
Preferred Stock
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Preferred stock, beginning balance (in shares) at Dec. 31, 2020     332,764,215      
Beginning balance at Dec. 31, 2020 $ (283,168) $ 12 $ 768,312 $ 12,579 $ (296,286) $ 527
Common stock, beginning balance (in shares) at Dec. 31, 2020   122,058,940        
Net loss (41,505)       (41,505)  
Issuance of redeemable convertible preferred stock (in shares)     8,924,010      
Issuance of redeemable convertible preferred stock     $ 77,619      
Stock-based compensation 4,808     4,808    
Other non-cash compensation expense 1,741     1,741    
Issuance of common stock upon exercise of stock options 303     303    
Issuance of common stock upon exercise of stock options (in shares)   746,830        
Vesting of early exercised stock options 75     75    
Other comprehensive loss (309)         (309)
Common stock, ending balance (in shares) at Mar. 31, 2021   122,805,770        
Ending balance at Mar. 31, 2021 (318,055) $ 12 $ 845,931 19,506 (337,791) 218
Preferred stock, ending balance (in shares) at Mar. 31, 2021     341,688,225      
Preferred stock, beginning balance (in shares) at Dec. 31, 2020     332,764,215      
Beginning balance at Dec. 31, 2020 (283,168) $ 12 $ 768,312 12,579 (296,286) 527
Common stock, beginning balance (in shares) at Dec. 31, 2020   122,058,940        
Net loss (106,511)          
Common stock, ending balance (in shares) at Jun. 30, 2021   123,398,718        
Ending balance at Jun. 30, 2021 (373,696) $ 12 $ 845,931 28,833 (402,797) 256
Preferred stock, ending balance (in shares) at Jun. 30, 2021     344,365,425      
Preferred stock, beginning balance (in shares) at Mar. 31, 2021     341,688,225      
Beginning balance at Mar. 31, 2021 (318,055) $ 12 $ 845,931 19,506 (337,791) 218
Common stock, beginning balance (in shares) at Mar. 31, 2021   122,805,770        
Net loss (65,006)       (65,006)  
Issuance of redeemable convertible preferred stock (in shares)     2,677,200      
Stock-based compensation 6,992     6,992    
Other non-cash compensation expense 2,006     2,006    
Issuance of common stock upon exercise of stock options 217     217    
Issuance of common stock upon exercise of stock options (in shares)   592,948        
Vesting of early exercised stock options 112     112    
Other comprehensive loss 38         38
Common stock, ending balance (in shares) at Jun. 30, 2021   123,398,718        
Ending balance at Jun. 30, 2021 $ (373,696) $ 12 $ 845,931 28,833 (402,797) 256
Preferred stock, ending balance (in shares) at Jun. 30, 2021     344,365,425      
Preferred stock, beginning balance (in shares) at Dec. 31, 2021 0   0      
Beginning balance at Dec. 31, 2021 $ 1,316,759 $ 60 $ 0 1,793,431 (476,610) (122)
Common stock, beginning balance (in shares) at Dec. 31, 2021 604,174,329 604,174,329        
Net loss $ (62,319)       (62,319)  
Stock-based compensation 12,088     12,088    
Issuance of common stock upon exercise of stock options 428     428    
Issuance of common stock upon exercise of stock options (in shares)   823,524        
Issuance of common stock upon release of restricted stock units (in shares)   851,557        
Vesting of early exercised stock options 121     121    
Stock withheld related to net share settlement (in shares)   (13,041)        
Shares withheld related to net share settlement (85)     (85)    
Other comprehensive loss (2,558)         (2,558)
Common stock, ending balance (in shares) at Mar. 31, 2022   605,836,369        
Ending balance at Mar. 31, 2022 $ 1,264,434 $ 60 $ 0 1,805,983 (538,929) (2,680)
Preferred stock, ending balance (in shares) at Mar. 31, 2022     0      
Preferred stock, beginning balance (in shares) at Dec. 31, 2021 0   0      
Beginning balance at Dec. 31, 2021 $ 1,316,759 $ 60 $ 0 1,793,431 (476,610) (122)
Common stock, beginning balance (in shares) at Dec. 31, 2021 604,174,329 604,174,329        
Net loss $ (111,893)          
Common stock, ending balance (in shares) at Jun. 30, 2022 607,188,444 607,188,444        
Ending balance at Jun. 30, 2022 $ 1,228,662 $ 60 $ 0 1,822,235 (588,503) (5,130)
Preferred stock, ending balance (in shares) at Jun. 30, 2022 0   0      
Preferred stock, beginning balance (in shares) at Mar. 31, 2022     0      
Beginning balance at Mar. 31, 2022 $ 1,264,434 $ 60 $ 0 1,805,983 (538,929) (2,680)
Common stock, beginning balance (in shares) at Mar. 31, 2022   605,836,369        
Net loss (49,574)       (49,574)  
Stock-based compensation 15,869     15,869    
Issuance of common stock upon exercise of stock options 318     318    
Issuance of common stock upon exercise of stock options (in shares)   559,552        
Issuance of common stock upon release of restricted stock units (in shares)   792,523        
Vesting of early exercised stock options 65     65    
Other comprehensive loss $ (2,450)         (2,450)
Common stock, ending balance (in shares) at Jun. 30, 2022 607,188,444 607,188,444        
Ending balance at Jun. 30, 2022 $ 1,228,662 $ 60 $ 0 $ 1,822,235 $ (588,503) $ (5,130)
Preferred stock, ending balance (in shares) at Jun. 30, 2022 0   0