10-Q Filing

SES AI CORP CIK: 1819142 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001558370-22-017777`
Period End Date	20220930
Filing Date	20221114
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	ses-20220930x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 74 Cash Flow Statement 53 Stockholders Equity 50

Balance Sheet 81 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$394.66M	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`	$1.98M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.56M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.59M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$169.97M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$402.24M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$24.24M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$12.49M	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`	$1.50M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.63M	USD	Point-in-time
Redeemable convertible preferred stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	0.00	shares	Point-in-time
Redeemable convertible preferred stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	213.96M	shares	Point-in-time
Right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$11.90M	USD	Point-in-time
Right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$11.48M	USD	Point-in-time
Redeemable convertible preferred stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	174.99M	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.78M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$9.26M	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`	0.00	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`	213.96M	shares	Point-in-time
Redeemable convertible preferred stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	213.96M	shares	Point-in-time
Redeemable convertible preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	213.96M	shares	Point-in-time
Total assets	`Assets`	$442.25M	USD	Point-in-time
Total assets	`Assets`	$193.35M	USD	Point-in-time
Redeemable convertible preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	0.00	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
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.71M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.24M	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, non-current	`OperatingLeaseLiabilityCurrent`	$1.82M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$10.87M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$6.27M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.98M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$16.93M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Sponsor Earn-Out liability	`DerivativeLiabilitiesNoncurrent`	$19.99M	USD	Point-in-time
Operating leases, non-current	`OperatingLeaseLiabilityNoncurrent`	$10.06M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$749.00K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.55M	USD	Point-in-time
Total liabilities	`Liabilities`	$11.73M	USD	Point-in-time
Total liabilities	`Liabilities`	$48.53M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	349.77M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	349.77M	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 September 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 September 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 September 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 September 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 September 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
Preferred stock, $0.0001 par value; 20,000,000 shares authorized, none issued and outstanding as of September 30, 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 September 30, 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`	$532.41M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$5.60M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-94.29M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-136.64M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.10M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$367.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-88.32M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-65.61M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$393.71M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-62.07M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$392.41M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-79.88M	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`	$442.25M	USD	Point-in-time
Total liabilities, redeemable convertible preferred stock, and stockholders' equity (deficit)	`LiabilitiesAndStockholdersEquity`	$193.35M	USD	Point-in-time

Income Statement 74 line items

Line Item	Tag	Value	Unit	Period
Research and development	`ResearchAndDevelopmentExpense`	$8.42M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$3.68M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$19.68M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$10.33M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$7.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$40.30M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$11.51M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$13.31M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$21.84M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$59.98M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$21.73M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$10.69M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-21.84M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-21.73M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-59.98M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-10.69M	USD	1 Quarter
Change of fair value of Sponsor Earn-Out liability, net	`DerivativeGainLossOnDerivativeNet`	$16.40M	USD	3 Qtrs
Change of fair value of Sponsor Earn-Out liability, net	`DerivativeGainLossOnDerivativeNet`	$-4.87M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$163.00K	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$1.97M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$160.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$2.46M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$420.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$694.00K	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-911.00K	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-94.00K	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$857.00K	USD	3 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$-2.48M	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$66.00K	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$17.95M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-10.62M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-20.98M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-42.04M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-24.21M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$22.00K	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$121.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$310.00K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$9.02M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-10.62M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.60M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-21.01M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-6.79M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-24.33M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-27.03M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-42.35M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$85.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$48.00K	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.38M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.46M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$109.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-23.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.19M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-14.00K	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-10.65M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-44.81M	USD	3 Qtrs
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-25.52M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-20.96M	USD	3 Qtrs
Net loss per share attributable to common stockholders, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.15	USD	3 Qtrs
Net loss per share attributable to common stockholders, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.35	USD	3 Qtrs
Net loss per share attributable to common stockholders, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.17	USD	1 Quarter
Net loss per share attributable to common stockholders, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.08	USD	1 Quarter
Net loss per share attributable to common stockholders, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.15	USD	3 Qtrs
Net loss per share attributable to common stockholders, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.08	USD	1 Quarter
Net loss per share attributable to common stockholders, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.17	USD	1 Quarter
Net loss per share attributable to common stockholders, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.35	USD	3 Qtrs
Weighted-average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	60.81M	shares	3 Qtrs
Weighted-average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	311.68M	shares	1 Quarter
Weighted-average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	60.86M	shares	1 Quarter
Weighted-average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	280.86M	shares	3 Qtrs
Weighted-average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	311.68M	shares	1 Quarter
Weighted-average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	280.86M	shares	3 Qtrs
Weighted-average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	60.86M	shares	1 Quarter
Weighted-average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	60.81M	shares	3 Qtrs

Cash Flow Statement 53 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-42.35M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-21.01M	USD	3 Qtrs
Change of fair value of Sponsor Earn-Out liability	`DerivativeGainLossOnDerivativeNet`	$16.40M	USD	3 Qtrs
Change of fair value of Sponsor Earn-Out liability	`DerivativeGainLossOnDerivativeNet`	$-4.87M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$3.13M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$15.95M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$1.58M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$1.30M	USD	3 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$-371.00K	USD	3 Qtrs
PPP note forgiveness	`GainsLossesOnExtinguishmentOfDebt`	$840.00K	USD	3 Qtrs
Receivable from related party	`IncreaseDecreaseInDueFromRelatedPartiesCurrent`	$1.14M	USD	3 Qtrs
Receivable from related party	`IncreaseDecreaseInDueFromRelatedPartiesCurrent`	$-5.94M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.07M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.40M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$617.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-761.00K	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$1.20M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$2.00M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-17.80M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-37.81M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.64M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.96M	USD	3 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$150.81M	USD	3 Qtrs
Maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments`	$13.10M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.64M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-141.67M	USD	3 Qtrs
Proceeds from Business Combination and PIPE Financing, net of issuance costs	`ProceedsFromBusinessCombinationAndPrivateInvestmentInPublicEquityFinancingNetOfIssuanceCosts`	$282.94M	USD	3 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`	$20.00K	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$260.00K	USD	3 Qtrs
Payment of deferred offering costs	`PaymentsOfStockIssuanceCosts`	$576.00K	USD	3 Qtrs
Proceeds from issuance of Series D and D plus redeemable convertible preferred stock, net of issuance costs	`ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock`	$187.90M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$187.34M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$283.20M	USD	3 Qtrs
Effect of exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-639.00K	USD	3 Qtrs
Effect of exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$48.00K	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$234.11M	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$27.91M	USD	3 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$395.15M	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 beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.64M	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 end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$395.15M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$161.04M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.64M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.73M	USD	Point-in-time
Conversion of Redeemable Convertible Preferred Stock to shares of Class A Common Stock	`ConversionOfStockAmountConverted1`	$269.94M	USD	3 Qtrs
Release of accrued transaction costs related to Business Combination and PIPE Financing	`BusinessCombinationAndPrivateInvestmentInPublicEquityFinancingReleaseOfAccruedTransactionCosts`	$6.17M	USD	3 Qtrs
Accounts payable and accrued expenses related to purchases of property and equipment	`AccountsPayableAndAccruedExpensesRelatedToPurchasesOfPropertyAndEquipment`	$-118.00K	USD	3 Qtrs
Accounts payable and accrued expenses related to purchases of property and equipment	`AccountsPayableAndAccruedExpensesRelatedToPurchasesOfPropertyAndEquipment`	$4.67M	USD	3 Qtrs
Lease liabilities arising from obtaining right-of-use assets	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$1.56M	USD	3 Qtrs
Liabilities of Ivanhoe acquired in the Business Combination	`LiabilitiesAssumed1`	$387.00K	USD	3 Qtrs
Deferred offering costs included in accounts payable and accrued expenses and other liabilities	`DeferredOfferingCostsIncludedInAccountsPayableAndAccruedExpensesAndOtherLiabilities`	$2.10M	USD	3 Qtrs

Stockholders Equity 50 line items

Line Item	Tag	Value	Unit	Period
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	349.77M	shares	Point-in-time
Exchange ratio	`RecapitalizationExchangeRatio`	5.93	pure	Point-in-time
Beginning balance	`StockholdersEquity`	$-88.32M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-65.61M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$393.71M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-62.07M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$392.41M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-79.88M	USD	Point-in-time
Exchange ratio	`RecapitalizationExchangeRatio`	5.93	pure	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`	349.77M	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`	$2.79M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$271.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.21M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.19M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.55M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$72.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$85.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$48.00K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.38M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.46M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$109.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-23.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.19M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-14.00K	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
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$218.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$20.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$9.02M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-10.62M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-3.60M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-21.01M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-6.79M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-24.33M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-27.03M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-42.35M	USD	3 Qtrs
Ending balance	`StockholdersEquity`	$-88.32M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-65.61M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$393.71M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-62.07M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$392.41M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-79.88M	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`	349.77M	shares	Point-in-time

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