10-Q Filing

SURF AIR MOBILITY INC. CIK: 1936224 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0000950170-23-045087`
Period End Date	20230630
Filing Date	20230829
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	srfm-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 69 Income Statement 76 Cash Flow Statement 67 Stockholders Equity 49

Balance Sheet 69 line items

Line Item	Tag	Value	Unit	Period
Cash	`CashAndCashEquivalentsAtCarryingValue`	$6.00K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$2.27M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$67.00K	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$161.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$7.75M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$7.73M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$7.92M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$10.07M	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$907.00K	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$906.00K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$701.00K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$624.00K	USD	Point-in-time
Intangible assets, net and other assets	`IntangibleAssetsNetExcludingGoodwill`	$3.10M	USD	Point-in-time
Intangible assets, net and other assets	`IntangibleAssetsNetExcludingGoodwill`	$2.66M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$446.00K	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$1.14M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total assets	`Assets`	$13.70M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total assets	`Assets`	$14.78M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	35.80M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	35.80M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	13.42M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	12.49M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$13.11M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	12.49M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$12.89M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	13.42M	shares	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$14.74M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$15.30M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$8.39M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$7.82M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$903.00K	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$317.00K	USD	Point-in-time
SAFE notes at fair value, current	`SafeNotesFairValueCurrent`	$46.84M	USD	Point-in-time
SAFE notes at fair value, current	`SafeNotesFairValueCurrent`	$149.00K	USD	Point-in-time
Convertible notes at fair value, current	`ConvertibleNotesPayableCurrent`	$35.11M	USD	Point-in-time
Convertible notes at fair value, current	`ConvertibleNotesPayableCurrent`	$15.95M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$131.77M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$57.40M	USD	Point-in-time
Convertible notes at fair value, long term	`ConvertibleLongTermNotesPayable`	$13.15M	USD	Point-in-time
SAFE notes at fair value, long term	`SafeNotesFairValueNonCurrent`	$10.00M	USD	Point-in-time
SAFE notes at fair value, long term	`SafeNotesFairValueNonCurrent`	$24.57M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$135.00K	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$246.00K	USD	Point-in-time
Other long term liabilities	`OtherLiabilitiesNoncurrent`	$9.76M	USD	Point-in-time
Other long term liabilities	`OtherLiabilitiesNoncurrent`	$18.55M	USD	Point-in-time
Total liabilities	`Liabilities`	$105.12M	USD	Point-in-time
Total liabilities	`Liabilities`	$160.45M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable convertible preferred shares $0.001 par value; 263,459,277 shares authorized as of June 30, 2023 and December 31, 2022; 234,856,003 shares issued and outstanding as of June 30, 2023 and 229,144,283 shares issued and outstanding as of December 31, 2022, respectively; and aggregate liquidation preference of $181,599 as of June 30, 2023 and $178,608 as of December 31, 2022, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$130.67M	USD	Point-in-time
Redeemable convertible preferred shares $0.001 par value; 263,459,277 shares authorized as of June 30, 2023 and December 31, 2022; 234,856,003 shares issued and outstanding as of June 30, 2023 and 229,144,283 shares issued and outstanding as of December 31, 2022, respectively; and aggregate liquidation preference of $181,599 as of June 30, 2023 and $178,608 as of December 31, 2022, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$133.67M	USD	Point-in-time
Class B-6s convertible preferred shares, $0.001 par value; 108,242,028 authorized shares as of June 30, 2023 and 98,799,158 authorized shares as of December 31, 2022; 83,819,163 shares issued and outstanding as of June 30, 2023 and 71,478,742 shares issued and outstanding as of December 31, 2022, respectively	`PreferredStockValue`	$8.89M	USD	Point-in-time
Class B-6s convertible preferred shares, $0.001 par value; 108,242,028 authorized shares as of June 30, 2023 and 98,799,158 authorized shares as of December 31, 2022; 83,819,163 shares issued and outstanding as of June 30, 2023 and 71,478,742 shares issued and outstanding as of December 31, 2022, respectively	`PreferredStockValue`	$3.41M	USD	Point-in-time
Common shares, $0.0001 par value; 35,803,199 shares authorized as of June 30, 2023 and December 31, 2022; 13,417,826 shares issued and outstanding as of June 30, 2023 and 12,487,438 shares issued and outstanding as of December 31, 2022, respectively	`CommonStockValue`	$1.00K	USD	Point-in-time
Common shares, $0.0001 par value; 35,803,199 shares authorized as of June 30, 2023 and December 31, 2022; 13,417,826 shares issued and outstanding as of June 30, 2023 and 12,487,438 shares issued and outstanding as of December 31, 2022, respectively	`CommonStockValue`	$1.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$128.71M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$126.33M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-416.93M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-351.84M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-279.33M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-241.52M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-222.09M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-173.03M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-180.10M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-176.88M	USD	Point-in-time
Total liabilities, redeemable convertible preferred shares and shareholders' deficit	`LiabilitiesAndStockholdersEquity`	$14.78M	USD	Point-in-time
Total liabilities, redeemable convertible preferred shares and shareholders' deficit	`LiabilitiesAndStockholdersEquity`	$13.70M	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$11.70M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$9.30M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$4.48M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$6.20M	USD	1 Quarter
Cost of revenue, exclusive of depreciation and amortization	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$5.95M	USD	1 Quarter
Cost of revenue, exclusive of depreciation and amortization	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$13.70M	USD	2 Qtrs
Cost of revenue, exclusive of depreciation and amortization	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$7.05M	USD	1 Quarter
Cost of revenue, exclusive of depreciation and amortization	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$11.27M	USD	2 Qtrs
Technology and development	`TechnologyAndDevelopment`	$816.00K	USD	1 Quarter
Technology and development	`TechnologyAndDevelopment`	$716.00K	USD	1 Quarter
Technology and development	`TechnologyAndDevelopment`	$1.63M	USD	2 Qtrs
Technology and development	`TechnologyAndDevelopment`	$1.46M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$3.32M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$1.93M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$1.13M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$2.26M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$17.74M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$9.48M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$9.30M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$18.08M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$519.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$258.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$515.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$261.00K	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$36.90M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$19.35M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$17.53M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$33.58M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-24.29M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-25.20M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-13.05M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-13.15M	USD	1 Quarter
Changes in fair value of financial instruments carried at fair value, net	`ChangesInFairValueOfFinancialInstrumentsCarriedAtFairValueNet`	$-10.30M	USD	2 Qtrs
Changes in fair value of financial instruments carried at fair value, net	`ChangesInFairValueOfFinancialInstrumentsCarriedAtFairValueNet`	$-9.38M	USD	1 Quarter
Changes in fair value of financial instruments carried at fair value, net	`ChangesInFairValueOfFinancialInstrumentsCarriedAtFairValueNet`	$-38.50M	USD	2 Qtrs
Changes in fair value of financial instruments carried at fair value, net	`ChangesInFairValueOfFinancialInstrumentsCarriedAtFairValueNet`	$-30.40M	USD	1 Quarter
Interest expense	`InterestExpense`	$524.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$697.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$165.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$525.00K	USD	1 Quarter
Gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$3.96M	USD	1 Quarter
Gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$5.95M	USD	2 Qtrs
Gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-389.00K	USD	1 Quarter
Gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-389.00K	USD	2 Qtrs
Other expense	`OtherNonoperatingIncomeExpense`	$-48.00K	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-114.00K	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-238.00K	USD	2 Qtrs
Other expense	`OtherNonoperatingIncomeExpense`	$-305.00K	USD	2 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$-5.12M	USD	2 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$-31.37M	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-39.89M	USD	2 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$-5.70M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-29.40M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-44.52M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-18.75M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-65.09M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-18.75M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-65.09M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-29.40M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-44.52M	USD	1 Quarter
Net loss per share applicable to ordinary shareholders, basic	`EarningsPerShareBasic`	$-3.14	USD	1 Quarter
Net loss per share applicable to ordinary shareholders, basic	`EarningsPerShareBasic`	$-4.60	USD	2 Qtrs
Net loss per share applicable to ordinary shareholders, basic	`EarningsPerShareBasic`	$-2.30	USD	2 Qtrs
Net loss per share applicable to ordinary shareholders, basic	`EarningsPerShareBasic`	$-1.40	USD	1 Quarter
Net loss per share applicable to ordinary shareholders, diluted	`EarningsPerShareDiluted`	$-3.14	USD	1 Quarter
Net loss per share applicable to ordinary shareholders, diluted	`EarningsPerShareDiluted`	$-1.40	USD	1 Quarter
Net loss per share applicable to ordinary shareholders, diluted	`EarningsPerShareDiluted`	$-2.30	USD	2 Qtrs
Net loss per share applicable to ordinary shareholders, diluted	`EarningsPerShareDiluted`	$-4.60	USD	2 Qtrs
Weighted-average number of common shares used in net loss per share applicable to ordinary shareholders, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	13.43M	shares	1 Quarter
Weighted-average number of common shares used in net loss per share applicable to ordinary shareholders, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	14.14M	shares	2 Qtrs
Weighted-average number of common shares used in net loss per share applicable to ordinary shareholders, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	14.17M	shares	1 Quarter
Weighted-average number of common shares used in net loss per share applicable to ordinary shareholders, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	12.76M	shares	2 Qtrs
Weighted-average number of common shares used in net loss per share applicable to ordinary shareholders, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.14M	shares	2 Qtrs
Weighted-average number of common shares used in net loss per share applicable to ordinary shareholders, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	13.43M	shares	1 Quarter
Weighted-average number of common shares used in net loss per share applicable to ordinary shareholders, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.17M	shares	1 Quarter
Weighted-average number of common shares used in net loss per share applicable to ordinary shareholders, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.76M	shares	2 Qtrs

Cash Flow Statement 67 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-18.75M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-65.09M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-29.40M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-44.52M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$519.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$258.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$515.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$261.00K	USD	1 Quarter
Loss (gain) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$3.96M	USD	1 Quarter
Loss (gain) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$5.95M	USD	2 Qtrs
Loss (gain) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-389.00K	USD	1 Quarter
Loss (gain) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-389.00K	USD	2 Qtrs
Share-based compensation expense	`AllocatedShareBasedCompensationExpense`	$2.80M	USD	2 Qtrs
Share-based compensation expense	`AllocatedShareBasedCompensationExpense`	$9.99M	USD	2 Qtrs
Changes in fair value of financial instruments carried at fair value, net	`ChangesInFairValueOfFinancialInstrumentsCarriedAtFairValue`	$-38.50M	USD	2 Qtrs
Changes in fair value of financial instruments carried at fair value, net	`ChangesInFairValueOfFinancialInstrumentsCarriedAtFairValue`	$-10.27M	USD	2 Qtrs
Amortization of debt discounts and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$42.00K	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-94.00K	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-8.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-170.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$562.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.25M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$472.00K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$568.00K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$177.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$961.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$710.00K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$1.00K	USD	2 Qtrs
Cash flows used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-15.45M	USD	2 Qtrs
Cash flows used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-20.62M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$203.00K	USD	2 Qtrs
Internal-use software development costs	`PaymentsToDevelopSoftware`	$6.00K	USD	2 Qtrs
Internal-use software development costs	`PaymentsToDevelopSoftware`	$97.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-300.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.00K	USD	2 Qtrs
Payments of borrowings on convertible notes	`RepaymentsOfConvertibleDebt`	$35.00K	USD	2 Qtrs
Proceeds from borrowings of SAFE notes	`ProceedsFromNotesPayable`	$14.10M	USD	2 Qtrs
Proceeds from borrowings of SAFE notes	`ProceedsFromNotesPayable`	$3.71M	USD	2 Qtrs
Proceeds from borrowings on convertible notes	`ProceedsFromConvertibleDebt`	$4.00M	USD	2 Qtrs
Proceeds from borrowings from related parties	`ProceedsFromRelatedPartyDebt`	$16.48M	USD	2 Qtrs
Proceeds from borrowings from related parties	`ProceedsFromRelatedPartyDebt`	$2.25M	USD	2 Qtrs
Proceeds from the issuance of Class B-6a redeemable convertible preferred shares	`ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock`	$250.00K	USD	2 Qtrs
Proceeds from the issuance of Class B-6a redeemable convertible preferred shares	`ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock`	$3.00M	USD	2 Qtrs
Proceeds from exercise of share options	`ProceedsFromStockOptionsExercised`	$32.00K	USD	2 Qtrs
Proceeds from exercise of share options	`ProceedsFromStockOptionsExercised`	$29.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$20.63M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$23.19M	USD	2 Qtrs
Increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$2.26M	USD	2 Qtrs
Increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$5.17M	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.57M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$912.00K	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.75M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.18M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.57M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$912.00K	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.75M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.18M	USD	Point-in-time
Issuance of SAFE notes	`NotesIssued1`	$6.42M	USD	2 Qtrs
Issuance of SAFE notes	`NotesIssued1`	$4.35M	USD	2 Qtrs
Conversion of convertible securities to Class B-6a redeemable convertible preferred shares	`ConversionOfStockAmountConverted1`	$9.82M	USD	2 Qtrs
Issuance of Class B-6s convertible preferred shares in exchange for outstanding payables	`IssuanceOfConvertiblePreferredSharesInExchangeForOutstandingPayables`	$258.00K	USD	2 Qtrs
Issuances of Class B-6a redeemable convertible preferred shares in exchange for outstanding payable	`IssuancesOfRedeemableConvertiblePreferredSharesInExchangeForOutstandingPayable`	$286.00K	USD	2 Qtrs
Conversion of promissory notes to Class B-6s convertible preferred shares	`DebtConversionConvertedInstrumentAmount1`	$4.42M	USD	2 Qtrs
Exercise of ordinary warrants	`ExerciseOfOrdinaryWarrants`	$20.00K	USD	2 Qtrs
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$621.00K	USD	2 Qtrs
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$17.00K	USD	2 Qtrs
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$96.00K	USD	2 Qtrs

Stockholders Equity 49 line items

Line Item	Tag	Value	Unit	Period
Balance	`TemporaryEquityCarryingAmountAttributableToParent`	$130.67M	USD	Point-in-time
Balance	`TemporaryEquityCarryingAmountAttributableToParent`	$133.67M	USD	Point-in-time
Balance	`StockholdersEquity`	$-279.33M	USD	Point-in-time
Balance	`StockholdersEquity`	$-241.52M	USD	Point-in-time
Balance	`StockholdersEquity`	$-222.09M	USD	Point-in-time
Balance	`StockholdersEquity`	$-173.03M	USD	Point-in-time
Balance	`StockholdersEquity`	$-180.10M	USD	Point-in-time
Balance	`StockholdersEquity`	$-176.88M	USD	Point-in-time
Reissuance of Class B-6a redeemable convertible preferred shares for Class B-6s convertible preferred shares	`StockIssuedDuringPeriodValueConversionOfUnits`	$-10.00K	USD	2 Qtrs
Conversion of debt to Class B-6s convertible preferred shares	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$300.00K	USD	1 Quarter
Conversion of debt to Class B-6s convertible preferred shares	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$202.00K	USD	2 Qtrs
Conversion of debt to Class B-6s convertible preferred shares	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$385.00K	USD	2 Qtrs
Conversion of debt to Class B-6s convertible preferred shares	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$202.00K	USD	1 Quarter
Ordinary share warrants issued in 2017 convertible notes conversion	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$38.00K	USD	2 Qtrs
Issuance of ordinary warrants in exchange for advisory services	`IssuanceOfOrdinaryWarrantsInExchangeForAdvisoryServices`	$567.00K	USD	2 Qtrs
Issuance of ordinary warrants in exchange for advisory services	`IssuanceOfOrdinaryWarrantsInExchangeForAdvisoryServices`	$567.00K	USD	1 Quarter
Conversion of related party promissory note to Class B-6s convertible preferred shares	`ConversionOfRelatedPartyPromissoryNoteToClassOfConvertiblePreferredSharesValue`	$5.26M	USD	2 Qtrs
Conversion of related party promissory note to Class B-6s convertible preferred shares	`ConversionOfRelatedPartyPromissoryNoteToClassOfConvertiblePreferredSharesValue`	$5.26M	USD	1 Quarter
2023 RSPA and RSGA grants	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$49.00K	USD	1 Quarter
2023 RSPA and RSGA grants	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$135.00K	USD	2 Qtrs
Repurchase of RSPA	`RepurchaseOfRestrictedSharePurchaseAgreementValue`	$6.00K	USD	1 Quarter
Repurchase of RSPA	`RepurchaseOfRestrictedSharePurchaseAgreementValue`	$6.00K	USD	2 Qtrs
Capital contribution from convertible notes from related party	`CapitalContributionFromConvertibleNotesFromRelatedParty`	$99.00K	USD	1 Quarter
Capital contribution from convertible notes from related party	`CapitalContributionFromConvertibleNotesFromRelatedParty`	$2.02M	USD	2 Qtrs
Issuance of related party SAFEs	`IssuanceOfRelatedPartySimpleAgreementsForFutureEquity`	$444.00K	USD	1 Quarter
Issuance of related party SAFEs	`IssuanceOfRelatedPartySimpleAgreementsForFutureEquity`	$444.00K	USD	2 Qtrs
Issuance of related party SAFEs	`IssuanceOfRelatedPartySimpleAgreementsForFutureEquity`	$-9.30M	USD	2 Qtrs
Issuance of related party SAFEs	`IssuanceOfRelatedPartySimpleAgreementsForFutureEquity`	$-9.30M	USD	1 Quarter
Exercise of share options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$31.00K	USD	2 Qtrs
Exercise of share options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$31.00K	USD	1 Quarter
Exercise of share options, (in Shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	25,307.00	shares	2 Qtrs
Issuance of Class B-6s to service providers	`StockIssuedDuringPeriodValueIssuedForServices`	$855.00K	USD	1 Quarter
Issuance of Class B-6s to service providers	`StockIssuedDuringPeriodValueIssuedForServices`	$855.00K	USD	2 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.89M	USD	2 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$799.00K	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.94M	USD	2 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.22M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.75M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-65.09M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-29.40M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-44.52M	USD	1 Quarter
Balance	`TemporaryEquityCarryingAmountAttributableToParent`	$130.67M	USD	Point-in-time
Balance	`TemporaryEquityCarryingAmountAttributableToParent`	$133.67M	USD	Point-in-time
Balance	`StockholdersEquity`	$-279.33M	USD	Point-in-time
Balance	`StockholdersEquity`	$-241.52M	USD	Point-in-time
Balance	`StockholdersEquity`	$-222.09M	USD	Point-in-time
Balance	`StockholdersEquity`	$-173.03M	USD	Point-in-time
Balance	`StockholdersEquity`	$-180.10M	USD	Point-in-time
Balance	`StockholdersEquity`	$-176.88M	USD	Point-in-time

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