10-Q Filing

EVOLV TECHNOLOGIES HOLDINGS, INC. CIK: 1805385 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001558370-21-015999`
Period End Date	20210930
Filing Date	20211115
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	nhic-20210930x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 97 Income Statement 88 Cash Flow Statement 88 Stockholders Equity 56

Balance Sheet 97 line items

Line Item	Tag	Value	Unit	Period
Convertible preferred stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Convertible preferred stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Convertible preferred stock, shares authorized	`TemporaryEquitySharesAuthorized`	0.00	shares	Point-in-time
Convertible preferred stock, shares authorized	`TemporaryEquitySharesAuthorized`	207.39M	shares	Point-in-time
Convertible preferred stock, issued	`TemporaryEquitySharesIssued`	77.38M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.70M	USD	Point-in-time
Convertible preferred stock, issued	`TemporaryEquitySharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$333.75M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$400.00K	USD	Point-in-time
Convertible preferred stock, outstanding	`TemporaryEquitySharesOutstanding`	77.38M	shares	Point-in-time
Convertible preferred stock, outstanding	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Convertible preferred stock, liquidation preference	`TemporaryEquityLiquidationPreference`	$77.10M	USD	Point-in-time
Convertible preferred stock, liquidation preference	`TemporaryEquityLiquidationPreference`	-	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$7.33M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.40M	USD	Point-in-time
Inventory	`InventoryNet`	$3.53M	USD	Point-in-time
Inventory	`InventoryNet`	$2.74M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Current portion of commission asset	`CommissionAssetCurrent`	$1.08M	USD	Point-in-time
Current portion of commission asset	`CommissionAssetCurrent`	$562.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	305.49M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.10B	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	9.85M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	142.42M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$900.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$13.67M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$359.76M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	142.42M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$10.31M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	9.85M	shares	Point-in-time
Commission asset, noncurrent	`CommissionAssetNoncurrent`	$1.73M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Commission asset, noncurrent	`CommissionAssetNoncurrent`	$2.31M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	0.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$17.78M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$9.32M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Restricted cash, noncurrent	`RestrictedCashNoncurrent`	$275.00K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Long-term contract assets	`ContractWithCustomerAssetNetNoncurrent`	-	USD	Point-in-time
Long-term contract assets	`ContractWithCustomerAssetNetNoncurrent`	$2.58M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total assets	`Assets`	$21.36M	USD	Point-in-time
Total assets	`Assets`	$382.71M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.46M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.44M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedAndOtherLiabilitiesCurrent`	$3.73M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedAndOtherLiabilitiesCurrent`	$6.17M	USD	Point-in-time
Current portion of deferred revenue	`DeferredRevenueCurrent`	$3.72M	USD	Point-in-time
Current portion of deferred revenue	`DeferredRevenueCurrent`	$5.67M	USD	Point-in-time
Current portion of deferred rent	`DeferredRentCreditCurrent`	$37.00K	USD	Point-in-time
Current portion of deferred rent	`DeferredRentCreditCurrent`	$11.00K	USD	Point-in-time
Current portion of financing obligation	`FinancingObligationCurrent`	$227.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$1.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$12.12M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$21.33M	USD	Point-in-time
Deferred revenue, noncurrent	`DeferredRevenueNoncurrent`	$988.00K	USD	Point-in-time
Deferred revenue, noncurrent	`DeferredRevenueNoncurrent`	$480.00K	USD	Point-in-time
Noncurrent portion of deferred rent	`DeferredRentCreditNoncurrent`	$371.00K	USD	Point-in-time
Derivative liability	`DerivativeLiabilitiesNoncurrent`	$1.00M	USD	Point-in-time
Contingent earn-out liability	`ContingentEarnOutLiability`	$35.03M	USD	Point-in-time
Contingently issuable common stock liability	`ContingentlyIssuableCommonStockLiability`	$5.95M	USD	Point-in-time
Public warrant liability	`PublicWarrantLiability`	$20.48M	USD	Point-in-time
Common stock warrant liability	`SharesSubjectToMandatoryRedemptionSettlementTermsFairValueOfShares`	$1.00K	USD	Point-in-time
Financing obligation, noncurrent	`FinancingObligationNoncurrent`	$132.00K	USD	Point-in-time
Long-term debt, noncurrent	`LongTermDebtNoncurrent`	$14.36M	USD	Point-in-time
Long-term debt, noncurrent	`LongTermDebtNoncurrent`	$16.43M	USD	Point-in-time
Total liabilities	`Liabilities`	$98.52M	USD	Point-in-time
Total liabilities	`Liabilities`	$30.16M	USD	Point-in-time
Commitments and contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Convertible preferred stock; (Series A,A-1, B, and B-1), $0.001 par value; 0 and 78,393,399 shares authorized at September 30, 2021 and December 31, 2020, respectively; 0 and 77,377,987 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively; liquidation preference of $0 at September 30, 2021	`TemporaryEquityCarryingAmountAttributableToParent`	$72.88M	USD	Point-in-time
Convertible preferred stock; (Series A,A-1, B, and B-1), $0.001 par value; 0 and 78,393,399 shares authorized at September 30, 2021 and December 31, 2020, respectively; 0 and 77,377,987 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively; liquidation preference of $0 at September 30, 2021	`TemporaryEquityCarryingAmountAttributableToParent`	$75.88M	USD	Point-in-time
Common stock, $0.0001 par value; 1,100,000,000 and 115,475,937 shares authorized at September 30, 2021 and December 31, 2020, respectively; 142,418,469 and 9,845,192 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$14.00K	USD	Point-in-time
Common stock, $0.0001 par value; 1,100,000,000 and 115,475,937 shares authorized at September 30, 2021 and December 31, 2020, respectively; 142,418,469 and 9,845,192 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$1.00K	USD	Point-in-time
Preferred stock, $0.0001 par value; 100,000,000 and 0 shares authorized at September 30, 2021 and December 31, 2020, respectively; 0 and 0 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 100,000,000 and 0 shares authorized at September 30, 2021 and December 31, 2020, respectively; 0 and 0 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$7.98M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$9.19M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$391.44M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-66.49M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-107.26M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-93.88M	USD	Point-in-time
Stockholders' equity (deficit)	`StockholdersEquity`	$-58.51M	USD	Point-in-time
Stockholders' equity (deficit)	`StockholdersEquity`	$-75.32M	USD	Point-in-time
Stockholders' equity (deficit)	`StockholdersEquity`	$-96.90M	USD	Point-in-time
Stockholders' equity (deficit)	`StockholdersEquity`	$-118.54M	USD	Point-in-time
Stockholders' equity (deficit)	`StockholdersEquity`	$-69.81M	USD	Point-in-time
Stockholders' equity (deficit)	`StockholdersEquity`	$284.20M	USD	Point-in-time
Stockholders' equity (deficit)	`StockholdersEquity`	$-84.69M	USD	Point-in-time
Stockholders' equity (deficit)	`StockholdersEquity`	$-64.77M	USD	Point-in-time
Total liabilities, convertible preferred stock and stockholders' equity (deficit)	`LiabilitiesAndStockholdersEquity`	$21.36M	USD	Point-in-time
Total liabilities, convertible preferred stock and stockholders' equity (deficit)	`LiabilitiesAndStockholdersEquity`	$382.71M	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Subscription revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$2.31M	USD	1 Quarter
Subscription revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$5.12M	USD	3 Qtrs
Subscription revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$794.00K	USD	1 Quarter
Subscription revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$1.74M	USD	3 Qtrs
Total revenue	`Revenues`	$1.46M	USD	1 Quarter
Total revenue	`Revenues`	$2.75M	USD	3 Qtrs
Total revenue	`Revenues`	$8.37M	USD	1 Quarter
Total revenue	`Revenues`	$16.85M	USD	3 Qtrs
Cost of subscription revenue	`CostOfSubscriptionRevenue`	$1.19M	USD	3 Qtrs
Cost of subscription revenue	`CostOfSubscriptionRevenue`	$1.09M	USD	1 Quarter
Cost of subscription revenue	`CostOfSubscriptionRevenue`	$490.00K	USD	1 Quarter
Cost of subscription revenue	`CostOfSubscriptionRevenue`	$2.54M	USD	3 Qtrs
Total cost of revenue	`CostOfRevenue`	$10.51M	USD	3 Qtrs
Total cost of revenue	`CostOfRevenue`	$822.00K	USD	1 Quarter
Total cost of revenue	`CostOfRevenue`	$1.93M	USD	3 Qtrs
Total cost of revenue	`CostOfRevenue`	$4.21M	USD	1 Quarter
Gross profit	`GrossProfit`	$821.00K	USD	3 Qtrs
Gross profit	`GrossProfit`	$639.00K	USD	1 Quarter
Gross profit	`GrossProfit`	$6.33M	USD	3 Qtrs
Gross profit	`GrossProfit`	$4.16M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$8.33M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$4.09M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$3.64M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$10.63M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$8.51M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$17.28M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$5.11M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$1.55M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.18M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$6.98M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$11.16M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.68M	USD	3 Qtrs
Impairment losses on long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$1.66M	USD	1 Quarter
Impairment losses on long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$1.66M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$38.43M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$18.41M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$20.79M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$6.82M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-16.63M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-17.59M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-32.10M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-6.18M	USD	1 Quarter
Interest expense	`InterestExpense`	$5.99M	USD	3 Qtrs
Interest expense	`InterestExpense`	$84.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$286.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$207.00K	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-669.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-669.00K	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-865.00K	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-12.69M	USD	3 Qtrs
Change in fair value of derivative liability	`FairValueAdjustmentOfDerivativeLiability`	$-475.00K	USD	1 Quarter
Change in fair value of derivative liability	`FairValueAdjustmentOfDerivativeLiability`	$1.75M	USD	3 Qtrs
Change in fair value of contingent earn-out liability	`IncreaseDecreaseInFairValueOfContingentEarnoutLiability`	$-31.82M	USD	3 Qtrs
Change in fair value of contingent earn-out liability	`IncreaseDecreaseInFairValueOfContingentEarnoutLiability`	$-31.82M	USD	1 Quarter
Change in fair value of contingently issuable common stock	`IncreaseDecreaseInFairValueOfContingentlyIssuableCommonStockLiability`	$-5.72M	USD	3 Qtrs
Change in fair value of contingently issuable common stock	`IncreaseDecreaseInFairValueOfContingentlyIssuableCommonStockLiability`	$-5.72M	USD	1 Quarter
Change in fair value of public warrant liability	`FairValueAdjustmentOfPublicWarrantLiability`	$-3.15M	USD	1 Quarter
Change in fair value of public warrant liability	`FairValueAdjustmentOfPublicWarrantLiability`	$-3.15M	USD	3 Qtrs
Change in fair value of common stock warrant liability	`FairValueAdjustmentOfWarrants`	$-42.00K	USD	1 Quarter
Change in fair value of common stock warrant liability	`FairValueAdjustmentOfWarrants`	$879.00K	USD	3 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$18.72M	USD	3 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$-84.00K	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$39.38M	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-207.00K	USD	3 Qtrs
Net income (loss) and comprehensive income (loss) attributable to common stockholders - basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$22.75M	USD	1 Quarter
Net income (loss) and comprehensive income (loss) attributable to common stockholders - basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-17.80M	USD	3 Qtrs
Net income (loss) and comprehensive income (loss) attributable to common stockholders - basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-6.26M	USD	1 Quarter
Net income (loss) and comprehensive income (loss) attributable to common stockholders - basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-13.38M	USD	3 Qtrs
Net income (loss) and comprehensive income (loss) attributable to common stockholders - diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-13.38M	USD	3 Qtrs
Net income (loss) and comprehensive income (loss) attributable to common stockholders - diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$23.22M	USD	1 Quarter
Net income (loss) and comprehensive income (loss) attributable to common stockholders - diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-17.80M	USD	3 Qtrs
Net income (loss) and comprehensive income (loss) attributable to common stockholders - diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-6.26M	USD	1 Quarter
Net income (loss) per share attributable to common stockholders - basic (in dollars per share)	`EarningsPerShareBasic`	$-0.28	USD	3 Qtrs
Net income (loss) per share attributable to common stockholders - basic (in dollars per share)	`EarningsPerShareBasic`	$0.19	USD	1 Quarter
Net income (loss) per share attributable to common stockholders - basic (in dollars per share)	`EarningsPerShareBasic`	$-0.70	USD	1 Quarter
Net income (loss) per share attributable to common stockholders - basic (in dollars per share)	`EarningsPerShareBasic`	$-2.00	USD	3 Qtrs
Net income (loss) per share attributable to common stockholders - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.70	USD	1 Quarter
Net income (loss) per share attributable to common stockholders - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.15	USD	1 Quarter
Net income (loss) per share attributable to common stockholders - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.28	USD	3 Qtrs
Net income (loss) per share attributable to common stockholders - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-2.00	USD	3 Qtrs
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	47.77M	shares	3 Qtrs
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	8.89M	shares	3 Qtrs
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	8.92M	shares	1 Quarter
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	119.75M	shares	1 Quarter
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	153.87M	shares	1 Quarter
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.89M	shares	3 Qtrs
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.92M	shares	1 Quarter
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.77M	shares	3 Qtrs

Cash Flow Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-13.38M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-17.80M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$685.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$300.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$800.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.95M	USD	3 Qtrs
Write-off of inventory	`InventoryWriteDown`	$400.00K	USD	3 Qtrs
Impairment losses on long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$1.66M	USD	1 Quarter
Impairment losses on long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$1.66M	USD	3 Qtrs
Loss on disposal of fixed assets	`GainLossOnDispositionOfAssets1`	$-659.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.01M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$525.00K	USD	3 Qtrs
Noncash interest expense	`NoncashInterestExpense`	$5.56M	USD	3 Qtrs
Provision recorded for allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-63.00K	USD	3 Qtrs
Provision recorded for allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-16.00K	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-865.00K	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-12.69M	USD	3 Qtrs
Change in fair value of derivative liability	`FairValueAdjustmentOfDerivativeLiability`	$-475.00K	USD	1 Quarter
Change in fair value of derivative liability	`FairValueAdjustmentOfDerivativeLiability`	$1.75M	USD	3 Qtrs
Change in fair value of common stock warrant liability	`FairValueAdjustmentOfWarrants`	$-42.00K	USD	1 Quarter
Change in fair value of common stock warrant liability	`FairValueAdjustmentOfWarrants`	$879.00K	USD	3 Qtrs
Change in fair value of contingent earn-out liability	`IncreaseDecreaseInFairValueOfContingentEarnoutLiability`	$-31.82M	USD	3 Qtrs
Change in fair value of contingent earn-out liability	`IncreaseDecreaseInFairValueOfContingentEarnoutLiability`	$-31.82M	USD	1 Quarter
Change in fair value of contingently issuable common stock	`IncreaseDecreaseInFairValueOfContingentlyIssuableCommonStockLiability`	$-5.72M	USD	3 Qtrs
Change in fair value of contingently issuable common stock	`IncreaseDecreaseInFairValueOfContingentlyIssuableCommonStockLiability`	$-5.72M	USD	1 Quarter
Change in fair value of public warrant liability	`FairValueAdjustmentOfPublicWarrantLiability`	$-3.15M	USD	1 Quarter
Change in fair value of public warrant liability	`FairValueAdjustmentOfPublicWarrantLiability`	$-3.15M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.96M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.87M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$1.12M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$10.84M	USD	3 Qtrs
Commission assets	`IncreaseDecreaseInCommissionAssets`	$1.28M	USD	3 Qtrs
Commission assets	`IncreaseDecreaseInCommissionAssets`	$1.10M	USD	3 Qtrs
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$2.58M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$12.77M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$393.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.04M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.26M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$1.89M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$2.46M	USD	3 Qtrs
Deferred rent	`IncreaseDecreaseInDeferredLiabilities`	$397.00K	USD	3 Qtrs
Deferred rent	`IncreaseDecreaseInDeferredLiabilities`	$-24.00K	USD	3 Qtrs
Warranty Reserve	`IncreaseDecreaseInWarrantyReserve`	$-42.00K	USD	3 Qtrs
Warranty Reserve	`IncreaseDecreaseInWarrantyReserve`	$-56.00K	USD	3 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$2.18M	USD	3 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$109.00K	USD	3 Qtrs
Net cash provided (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-50.48M	USD	3 Qtrs
Net cash provided (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-18.40M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.30M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.08M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.30M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.08M	USD	3 Qtrs
Proceeds from issuance of Series B-1 convertible preferred stock, net of issuance costs	`ProceedsFromIssuanceOfConvertiblePreferredStock`	$2.99M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$418.00K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$777.00K	USD	3 Qtrs
Proceeds from issuance of common stock from the PIPE Investment	`ProceedsFromIssuanceOfCommonStock`	$300.00M	USD	3 Qtrs
Proceeds from the closing of the Merger	`ProceedsFromClosingOfMerger`	$84.94M	USD	3 Qtrs
Payment of offering costs from the closing of the Merger and PIPE Investment	`PaymentsOfStockIssuanceCosts`	$33.97M	USD	3 Qtrs
Repayment of financing obligations	`RepaymentsOfFinancingObligations`	$225.00K	USD	3 Qtrs
Repayment of financing obligations	`RepaymentsOfFinancingObligations`	$359.00K	USD	3 Qtrs
Proceeds from long-term debt, net of issuance costs	`ProceedsFromIssuanceOfLongTermDebt`	$31.88M	USD	3 Qtrs
Proceeds from long-term debt, net of issuance costs	`ProceedsFromIssuanceOfLongTermDebt`	$5.61M	USD	3 Qtrs
Repayment of principal on long-term debt	`RepaymentsOfLongTermDebt`	$321.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$8.47M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$383.28M	USD	3 Qtrs
Net increase (decrease) in cash, and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-14.23M	USD	3 Qtrs
Net increase (decrease) in cash, and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$329.72M	USD	3 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.11M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$334.42M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.70M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.34M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.11M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$334.42M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.70M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.34M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$427.00K	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$207.00K	USD	3 Qtrs
Issuance of equity classified warrants	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$1.00K	USD	1 Quarter
Issuance of equity classified warrants	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$45.00K	USD	3 Qtrs
Issuance of equity classified warrants	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$45.00K	USD	1 Quarter
Transfer of inventory to property and equipment	`TransfersOfInventoryToPropertyAndEquipment`	$86.00K	USD	3 Qtrs
Transfer of inventory to property and equipment	`TransfersOfInventoryToPropertyAndEquipment`	$9.65M	USD	3 Qtrs
Deferred offering costs included in accounts payable	`DeferredOfferingCostsIncludedInAccountsPayable`	$1.76M	USD	3 Qtrs
Conversion of convertible preferred stock to common stock	`ConversionOfStockAmountConverted1`	$75.88M	USD	3 Qtrs
Initial fair value of contingent earn-out liability recognized in connection with the closing of the Merger	`NoncashOrPartNoncashAcquisitionInitialFairValueOfContingentEarnOutLiability`	$66.84M	USD	3 Qtrs
Initial fair value of contingently issuable common stock liability recognized in connection with the closing of the Merger	`NoncashOrPartNoncashAcquisitionInitialFairValueOfContingentlyIssuableCommonStockLiability`	$11.67M	USD	3 Qtrs
Conversion of common stock warrants to common stock in connection with the closing of the Merger	`ConversionOfCommonStockWarrantsToCommonStockInConnectionWithClosingOfMerger`	$880.00K	USD	3 Qtrs
Initial fair value of public warrants in connection with the closing of the Merger	`InitialFairValueOfPublicWarrantsInConnectionWithClosingOfMerger`	$23.64M	USD	3 Qtrs

Stockholders Equity 56 line items

Line Item	Tag	Value	Unit	Period
Issuance of Series B-1 convertible preferred stock, issuance costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$106.00K	USD	1 Quarter
Balance at the beginning	`TemporaryEquityCarryingAmountAttributableToParent`	$72.88M	USD	Point-in-time
Balance at the beginning	`TemporaryEquityCarryingAmountAttributableToParent`	$75.88M	USD	Point-in-time
Balance at the beginning (in shares)	`TemporaryEquitySharesOutstanding`	77.38M	shares	Point-in-time
Balance at the beginning (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Balance at the end	`TemporaryEquityCarryingAmountAttributableToParent`	$72.88M	USD	Point-in-time
Balance at the end	`TemporaryEquityCarryingAmountAttributableToParent`	$75.88M	USD	Point-in-time
Balance at the end (in shares)	`TemporaryEquitySharesOutstanding`	77.38M	shares	Point-in-time
Balance at the end (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Balance at the beginning	`StockholdersEquity`	$-58.51M	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$-75.32M	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$-96.90M	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$-118.54M	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$-69.81M	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$284.20M	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$-84.69M	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$-64.77M	USD	Point-in-time
Conversion of convertible preferred stock into common stock in connection with the closing of the Merger	`StockIssuedDuringPeriodValueConversionOfTemporaryEquity`	$75.88M	USD	1 Quarter
Issuance of common stock in connection with the closing of the Merger	`StockIssuedDuringPeriodValueAcquisitions`	$84.94M	USD	1 Quarter
Issuance of common stock in connection with the closing of the Merger (in shares)	`StockIssuedDuringPeriodSharesAcquisitions`	10.39M	shares	3 Qtrs
Issuance of public warrants in connection with the closing of the Merger	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCostsOfPublicWarrantsInConnectionWithMerger`	$23.64M	USD	1 Quarter
Issuance of common stock for net settlement of common stock and preferred stock warrants upon settlement of the Merger	`StockIssuedDuringPeriodValueIssuanceOfCommonStockForNetSettlementOfCommonStockAndPreferredStockWarrantsUponSettlementOfMerger`	$880.00K	USD	1 Quarter
Issuance of common stock for the conversion of convertible notes	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$53.65M	USD	1 Quarter
Issuance of warrants to purchase common stock	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$1.00K	USD	1 Quarter
Issuance of warrants to purchase common stock	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$45.00K	USD	3 Qtrs
Issuance of warrants to purchase common stock	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$45.00K	USD	1 Quarter
Payment of deferred offering costs in connection with the closing of the Merger and PIPE Investment	`OfferingCostsInConnectionWithClosingOfMerger`	$-35.73M	USD	1 Quarter
Initial fair value of contingent earn-out liability recognized upon the closing of the Merger	`ContingentEarnOutRecognizedInConnectionWithClosingOfMerger`	$-66.84M	USD	1 Quarter
Initial fair value of contingently issuable common stock liability recognized upon the closing of the Merger	`ContingentlyIssuableCommonStockRecognizedInConnectionOfMerger`	$-11.67M	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$67.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$120.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$348.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$455.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$202.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	2.40M	shares	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.08M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$535.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.40M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$60.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$62.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$403.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-13.76M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-5.10M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$22.75M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.43M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-22.37M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.26M	USD	1 Quarter
Balance at the end	`StockholdersEquity`	$-58.51M	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$-75.32M	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$-96.90M	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$-118.54M	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$-69.81M	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$284.20M	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$-84.69M	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$-64.77M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.