10-Q Filing

SES AI CORP CIK: 1819142 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001558370-22-013369`
Period End Date	20220630
Filing Date	20220812
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	ses-20220630x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 70 Cash Flow Statement 50 Stockholders Equity 38

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$404.61M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$160.50M	USD	Point-in-time
Receivable from related party	`DueFromRelatedPartiesCurrent`	$7.91M	USD	Point-in-time
Receivable from related party	`DueFromRelatedPartiesCurrent`	$5.39M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.87M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.56M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$415.87M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$169.97M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$12.49M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$20.92M	USD	Point-in-time
Redeemable convertible preferred stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Redeemable convertible preferred stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.54M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.63M	USD	Point-in-time
Redeemable convertible preferred stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	213.96M	shares	Point-in-time
Redeemable convertible preferred stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	0.00	shares	Point-in-time
Right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$11.90M	USD	Point-in-time
Right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$10.83M	USD	Point-in-time
Redeemable convertible preferred stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	174.99M	shares	Point-in-time
Redeemable convertible preferred stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	213.96M	shares	Point-in-time
Redeemable convertible preferred stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	0.00	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.45M	USD	Point-in-time
Redeemable convertible preferred stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	174.99M	shares	Point-in-time
Redeemable convertible preferred stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	213.96M	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$9.26M	USD	Point-in-time
Total assets	`Assets`	$193.35M	USD	Point-in-time
Total assets	`Assets`	$453.60M	USD	Point-in-time
Redeemable convertible preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Redeemable convertible preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	213.96M	shares	Point-in-time
Redeemable convertible preferred stock, liquidation amount	`TemporaryEquityLiquidationPreference`	$271.15M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.36M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.71M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	0.00	shares	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$1.63M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$6.12M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$6.27M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.98M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$15.11M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Sponsor Earn-Out liability	`DerivativeLiabilitiesNoncurrent`	$15.12M	USD	Point-in-time
Operating leases, non-current	`OperatingLeaseLiabilityNoncurrent`	$9.83M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.73M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$749.00K	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	348.23M	shares	Point-in-time
Total liabilities	`Liabilities`	$41.80M	USD	Point-in-time
Total liabilities	`Liabilities`	$11.73M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	348.23M	shares	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable Convertible Preferred Stock, $0.000001 par value - none authorized, issued and outstanding as of June 30, 2022; 213,960,286 shares authorized, issued and outstanding as of December 31, 2021 (aggregate liquidation preference of $271,148 as of December 31, 2021)	`TemporaryEquityCarryingAmountAttributableToParent`	$269.94M	USD	Point-in-time
Redeemable Convertible Preferred Stock, $0.000001 par value - none authorized, issued and outstanding as of June 30, 2022; 213,960,286 shares authorized, issued and outstanding as of December 31, 2021 (aggregate liquidation preference of $271,148 as of December 31, 2021)	`TemporaryEquityCarryingAmountAttributableToParent`	$82.04M	USD	Point-in-time
Redeemable Convertible Preferred Stock, $0.000001 par value - none authorized, issued and outstanding as of June 30, 2022; 213,960,286 shares authorized, issued and outstanding as of December 31, 2021 (aggregate liquidation preference of $271,148 as of December 31, 2021)	`TemporaryEquityCarryingAmountAttributableToParent`	$82.04M	USD	Point-in-time
Redeemable Convertible Preferred Stock, $0.000001 par value - none authorized, issued and outstanding as of June 30, 2022; 213,960,286 shares authorized, issued and outstanding as of December 31, 2021 (aggregate liquidation preference of $271,148 as of December 31, 2021)	`TemporaryEquityCarryingAmountAttributableToParent`	$269.94M	USD	Point-in-time
Preferred stock, $0.0001 par value; 20,000,000 shares authorized, none issued and outstanding as of March 31, 2022; none authorized, issued and outstanding as of December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 20,000,000 shares authorized, none issued and outstanding as of March 31, 2022; none authorized, issued and outstanding as of December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Common stock	`CommonStockValue`	$6.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$34.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$5.60M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$524.98M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-901.00K	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$367.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-112.31M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-94.29M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-65.61M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$392.41M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-88.32M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-62.07M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$411.80M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-72.04M	USD	Point-in-time
Total liabilities, redeemable convertible preferred stock, and stockholders' equity (deficit)	`LiabilitiesAndStockholdersEquity`	$453.60M	USD	Point-in-time
Total liabilities, redeemable convertible preferred stock, and stockholders' equity (deficit)	`LiabilitiesAndStockholdersEquity`	$193.35M	USD	Point-in-time

Income Statement 70 line items

Line Item	Tag	Value	Unit	Period
Research and development	`ResearchAndDevelopmentExpense`	$11.26M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$3.51M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$7.19M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$6.49M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$4.50M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$27.00M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$11.87M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.05M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$11.00M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$38.26M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$19.06M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$6.56M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-6.56M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-11.00M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-38.26M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-19.06M	USD	1 Quarter
Gain on change of fair value of Sponsor Earn-Out liability, net	`DerivativeGainLossOnDerivativeNet`	$21.27M	USD	2 Qtrs
Gain on change of fair value of Sponsor Earn-Out liability, net	`DerivativeGainLossOnDerivativeNet`	$28.96M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$488.00K	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$1.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$465.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$3.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-54.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-1.33M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-1.17M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$788.00K	USD	2 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$-53.00K	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$20.43M	USD	2 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$28.25M	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$791.00K	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-17.83M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-6.61M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$9.19M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-10.21M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$19.00K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$19.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$189.00K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$178.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-3.60M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$9.02M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-18.02M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-27.03M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-10.22M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-6.63M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.38M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$85.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-14.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.27M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$71.00K	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$109.00K	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-10.15M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-6.54M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-19.29M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$7.64M	USD	1 Quarter
Net income (loss) per share attributable to common stockholders, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.11	USD	1 Quarter
Net income (loss) per share attributable to common stockholders, basic (in dollars per share)	`EarningsPerShareBasic`	$0.03	USD	1 Quarter
Net income (loss) per share attributable to common stockholders, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.17	USD	2 Qtrs
Net income (loss) per share attributable to common stockholders, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.07	USD	2 Qtrs
Net income (loss) per share attributable to common stockholders, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.17	USD	2 Qtrs
Net income (loss) per share attributable to common stockholders, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.11	USD	1 Quarter
Net income (loss) per share attributable to common stockholders, diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.03	USD	1 Quarter
Net income (loss) per share attributable to common stockholders, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.07	USD	2 Qtrs
Weighted-average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	264.97M	shares	2 Qtrs
Weighted-average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	60.78M	shares	1 Quarter
Weighted-average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	310.26M	shares	1 Quarter
Weighted-average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	60.78M	shares	2 Qtrs
Weighted-average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	60.78M	shares	1 Quarter
Weighted-average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	310.26M	shares	1 Quarter
Weighted-average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	60.78M	shares	2 Qtrs
Weighted-average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	264.97M	shares	2 Qtrs

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-18.02M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-10.22M	USD	2 Qtrs
Gain on change of fair value of Sponsor Earn-Out liability	`DerivativeGainLossOnDerivativeNet`	$21.27M	USD	2 Qtrs
Gain on change of fair value of Sponsor Earn-Out liability	`DerivativeGainLossOnDerivativeNet`	$28.96M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$186.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$8.73M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$882.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$986.00K	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$-584.00K	USD	2 Qtrs
PPP note forgiveness	`GainsLossesOnExtinguishmentOfDebt`	$840.00K	USD	2 Qtrs
Receivable from related party	`IncreaseDecreaseInDueFromRelatedPartiesCurrent`	$5.04M	USD	2 Qtrs
Receivable from related party	`IncreaseDecreaseInDueFromRelatedPartiesCurrent`	$-2.52M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-16.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.12M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.32M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$26.00K	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-146.00K	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$1.28M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-28.16M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-15.14M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.04M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.04M	USD	2 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$150.81M	USD	2 Qtrs
Maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments`	$13.10M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.04M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-140.75M	USD	2 Qtrs
Proceeds from Business Combination and PIPE Financing, net of issuance costs	`ProceedsFromBusinessCombinationAndPrivateInvestmentInPublicEquityFinancingNetOfIssuanceCosts`	$282.94M	USD	2 Qtrs
Proceeds from Business Combination and PIPE Financing, net of issuance costs	`ProceedsFromBusinessCombinationAndPrivateInvestmentInPublicEquityFinancingNetOfIssuanceCosts`	$282.90M	USD	Point-in-time
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$42.00K	USD	2 Qtrs
Proceeds from issuance of Series D and D plus redeemable convertible preferred stock, net of issuance costs	`ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock`	$187.90M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$187.90M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$282.98M	USD	2 Qtrs
Effect of exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.00K	USD	2 Qtrs
Effect of exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-676.00K	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$32.08M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$244.11M	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$405.15M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.73M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$34.81M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$161.04M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$405.15M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.73M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$34.81M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$161.04M	USD	Point-in-time
Conversion of Redeemable Convertible Preferred Stock to shares of Class A Common Stock	`ConversionOfStockAmountConverted1`	$269.94M	USD	2 Qtrs
Release of accrued transaction costs related to Business Combination and PIPE Financing	`BusinessCombinationAndPrivateInvestmentInPublicEquityFinancingReleaseOfAccruedTransactionCosts`	$6.17M	USD	2 Qtrs
Accounts payable and accrued expenses related to purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$964.00K	USD	2 Qtrs
Accounts payable and accrued expenses related to purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$110.00K	USD	2 Qtrs
Liabilities of Ivanhoe acquired in the Business Combination	`LiabilitiesAssumed1`	$387.00K	USD	2 Qtrs
Deferred offering costs included in accounts payable and accrued expenses and other liabilities	`DeferredOfferingCostsIncludedInAccountsPayableAndAccruedExpensesAndOtherLiabilities`	$1.37M	USD	2 Qtrs

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	348.23M	shares	Point-in-time
Exchange ratio	`RecapitalizationExchangeRatio`	5.93	pure	Point-in-time
Beginning balance	`StockholdersEquity`	$-65.61M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$392.41M	USD	Point-in-time
Exchange ratio	`RecapitalizationExchangeRatio`	5.93	pure	Point-in-time
Beginning balance	`StockholdersEquity`	$-88.32M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-62.07M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$411.80M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-72.04M	USD	Point-in-time
Beginning balance (in shares)	`CommonStockSharesIssued`	348.23M	shares	Point-in-time
Conversion of redeemable convertible preferred stock to common stock in connection with reverse recapitalization upon Business Combination	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$269.94M	USD	1 Quarter
Business Combination and PIPE Financing, net of redemptions and transaction costs	`BusinessCombinationAndPrivateInvestmentInPublicEquityFinancingNetOfRedemptionsAndTransactionCostsValue`	$234.52M	USD	1 Quarter
Release of accrued transaction costs related to Business Combination and PIPE Financing	`AdjustmentsToAdditionalPaidInCapitalBusinessCombinationAndPrivateInvestmentInPublicEquityFinancingReleaseOfAccruedTransactionCosts`	$6.17M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.55M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.19M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$72.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$114.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.38M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$85.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-14.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.27M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$71.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$109.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$38.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-3.60M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$9.02M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-18.02M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-27.03M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-10.22M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-6.63M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$-65.61M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$392.41M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-88.32M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-62.07M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$411.80M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-72.04M	USD	Point-in-time
Ending balance (in shares)	`CommonStockSharesIssued`	348.23M	shares	Point-in-time

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