v3.22.2
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Statement of Comprehensive Income [Abstract]        
Revenue $ 24,227 $ 20,419 $ 46,086 $ 40,539
Cost of revenue 11,302 8,496 21,555 16,435
Gross profit 12,925 11,923 24,531 24,104
Operating expenses        
Sales and marketing 12,873 8,255 23,321 15,312
Research and development 10,387 6,444 20,954 11,703
General and administrative 13,478 7,959 25,221 16,822
Total operating expenses 36,738 22,658 69,496 43,837
Loss from operations (23,813) (10,735) (44,965) (19,733)
Change in fair value of warrant liabilities 976 (241) 1,669 (1,251)
Change in fair value of contingent earnout liability 26,742 0 51,638 0
Other (expense) income, net (171) (104) (390) (117)
Interest expense (9) (5) (9) (9)
Interest income 354 1 374 3
Profit (loss) before income taxes 4,079 (11,084) 8,317 (21,107)
Income tax expense 4 6 3 2
Net profit (loss) and comprehensive income (loss) $ 4,075 $ (11,090) $ 8,314 $ (21,109)
Weighted average shares outstanding - Basic 188,102,342 39,855,379 187,247,566 39,649,848
Weighted average shares outstanding - diluted 188,876,763 39,855,379 188,329,331 39,649,848
Net profit (loss) per share - basic $ 0.02 $ (0.28) $ 0.04 $ (0.53)
Net profit (loss) per share - diluted $ 0.02 $ (0.28) $ 0.04 $ (0.53)

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