10-Q Filing

Rigetti Computing, Inc. CIK: 1838359 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001193125-23-142055`
Period End Date	20230331
Filing Date	20230511
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	d493342d10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 83 Income Statement 45 Cash Flow Statement 92 Comprehensive Income 14

Balance Sheet 83 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$26.12M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$57.89M	USD	Point-in-time
Preferred stock, Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock par or stated value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Available-for-sale investments	`MarketableSecuritiesCurrent`	$84.92M	USD	Point-in-time
Available-for-sale investments	`MarketableSecuritiesCurrent`	$95.85M	USD	Point-in-time
Common stock par or stated value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock par or stated value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$5.32M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$6.24M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.45M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.76M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	129.17M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	125.26M	shares	Point-in-time
Forward contractassets	`ForwardContractAssetsCurrent`	$2.23M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	23.65M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	1.00M	shares	Point-in-time
Forward contractassets	`ForwardContractAssetsCurrent`	$1.13M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	129.17M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	125.26M	shares	Point-in-time
Deferred offering costs	`DeferredCostsCurrent`	$742.00K	USD	Point-in-time
Deferred offering costs	`DeferredCostsCurrent`	$94.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$154.47M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$130.26M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$39.53M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$42.58M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$9.32M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$8.94M	USD	Point-in-time
Other assets	`OtherAssets`	$130.00K	USD	Point-in-time
Other assets	`OtherAssets`	$129.00K	USD	Point-in-time
Total assets	`Assets`	$181.91M	USD	Point-in-time
Total assets	`Assets`	$203.44M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.66M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.94M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$8.73M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$8.21M	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$961.00K	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$559.00K	USD	Point-in-time
Debt current portion	`DebtCurrent`	$8.30M	USD	Point-in-time
Debt current portion	`DebtCurrent`	$9.69M	USD	Point-in-time
Operating lease liabilitiescurrent	`OperatingLeaseLiabilityCurrent`	$2.35M	USD	Point-in-time
Operating lease liabilitiescurrent	`OperatingLeaseLiabilityCurrent`	$2.35M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$22.99M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$21.75M	USD	Point-in-time
Debt net of current portion	`DebtNetOfCurrentPortion`	$17.85M	USD	Point-in-time
Debt net of current portion	`DebtNetOfCurrentPortion`	$20.64M	USD	Point-in-time
Operating lease liabilities noncurrent	`OperatingLeaseLiabilityNoncurrent`	$7.86M	USD	Point-in-time
Operating lease liabilities noncurrent	`OperatingLeaseLiabilityNoncurrent`	$7.48M	USD	Point-in-time
Derivative warrant liabilities	`DerivativeLiabilitiesNoncurrent`	$2.64M	USD	Point-in-time
Derivative warrant liabilities	`DerivativeLiabilitiesNoncurrent`	$1.77M	USD	Point-in-time
Earn-out liabilities	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$1.49M	USD	Point-in-time
Earn-out liabilities	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$1.21M	USD	Point-in-time
Total liabilities	`Liabilities`	$52.44M	USD	Point-in-time
Total liabilities	`Liabilities`	$53.22M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value $0.0001 per share, 10,000,000 shares authorized, none outstanding	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Preferred stock, par value $0.0001 per share, 10,000,000 shares authorized, none outstanding	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Common stock, par value $0.0001 per share, 1,000,000,000 shares authorized, 129,171,170 shares issued and outstanding at March 31, 2023 and 125,257,233 shares issued and outstanding at December 31, 2022	`CommonStockValue`	$12.00K	USD	Point-in-time
Common stock, par value $0.0001 per share, 1,000,000,000 shares authorized, 129,171,170 shares issued and outstanding at March 31, 2023 and 125,257,233 shares issued and outstanding at December 31, 2022	`CommonStockValue`	$12.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$429.02M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$431.47M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-161.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-302.01M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-278.65M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$163.98M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$129.47M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-71.53M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$150.22M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$181.91M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$203.44M	USD	Point-in-time

Income Statement 45 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$2.10M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$2.20M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$414.00K	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$510.00K	USD	1 Quarter
Total gross profit	`GrossProfit`	$1.69M	USD	1 Quarter
Total gross profit	`GrossProfit`	$1.69M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$13.71M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$13.93M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$1.48M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$518.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$11.56M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.49M	USD	1 Quarter
Restructuring	`RestructuringCharges`	-	USD	1 Quarter
Restructuring	`RestructuringCharges`	$991.00K	USD	1 Quarter
Restructuring	`RestructuringCharges`	$991.00K	USD	Point-in-time
Total operating expenses	`OperatingExpenses`	$23.71M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$26.96M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-25.27M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-22.02M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.21M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.46M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.28M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Change in fair value of derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	$873.00K	USD	1 Quarter
Change in fair value of derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	$-3.77M	USD	1 Quarter
Change in fair value of earn-out liabilities	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-5.99M	USD	1 Quarter
Change in fair value of earn-out liabilities	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$281.00K	USD	1 Quarter
Transaction costs	`TransactionCosts`	$927.00K	USD	1 Quarter
Transaction costs	`TransactionCosts`	-	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-1.33M	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$7.63M	USD	1 Quarter
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-23.35M	USD	1 Quarter
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-17.64M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-23.35M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-17.64M	USD	1 Quarter
Weighted average shares used in computing net loss per share attributable to common stockholders-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	124,778.00	shares	1 Quarter
Weighted average shares used in computing net loss per share attributable to common stockholders-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	53,692.00	shares	1 Quarter
Weighted average shares used in computing net loss per share attributable to common stockholders-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	53,692.00	shares	1 Quarter
Weighted average shares used in computing net loss per share attributable to common stockholders-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	124,778.00	shares	1 Quarter
Net loss per share attributable to common stockholders basic	`EarningsPerShareBasic`	$-0.33	USD	1 Quarter
Net loss per share attributable to common stockholders basic	`EarningsPerShareBasic`	$-0.19	USD	1 Quarter
Net loss per share attributable to common stockholders diluted	`EarningsPerShareDiluted`	$-0.19	USD	1 Quarter
Net loss per share attributable to common stockholders diluted	`EarningsPerShareDiluted`	$-0.33	USD	1 Quarter

Cash Flow Statement 92 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-17.64M	USD	1 Quarter
Net loss	`ProfitLoss`	$-23.35M	USD	1 Quarter
Depreciation and amortization	`Depreciation`	$2.09M	USD	1 Quarter
Depreciation and amortization	`Depreciation`	$1.39M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$1.70M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$11.48M	USD	1 Quarter
Change in fair value of earn-out liabilities	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-5.99M	USD	1 Quarter
Change in fair value of earn-out liabilities	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$281.00K	USD	1 Quarter
Change in fair value of derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	$873.00K	USD	1 Quarter
Change in fair value of derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	$-3.77M	USD	1 Quarter
Change in fair value of forward contract	`ChangeInFairValueOfForwardContract`	$1.10M	USD	1 Quarter
Change in fair value of forward contract	`ChangeInFairValueOfForwardContract`	$-2.97M	USD	1 Quarter
Impairment of deferred offering costs	`ImpairmentOfDeferredOfferingCosts`	$-742.00K	USD	1 Quarter
Impairment of deferred offering costs	`ImpairmentOfDeferredOfferingCosts`	-	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$236.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$237.00K	USD	1 Quarter
Accretion of available-for-sale securities	`DebtSecuritiesAvailableForSaleUnrealizedGainLoss`	$506.00K	USD	1 Quarter
Accretion of available-for-sale securities	`DebtSecuritiesAvailableForSaleUnrealizedGainLoss`	-	USD	1 Quarter
Accretion of debt commitment fee asset	`AmortizationOfDebtCommitmentFeeAsset`	$-46.00K	USD	1 Quarter
Accretion of debt commitment fee asset	`AmortizationOfDebtCommitmentFeeAsset`	$-82.00K	USD	1 Quarter
Accretion of debt end-of-term liabilities	`AccretionOfDebtEndOfTermLiabilities`	$-47.00K	USD	1 Quarter
Accretion of debt end-of-term liabilities	`AccretionOfDebtEndOfTermLiabilities`	$-72.00K	USD	1 Quarter
Non-cash lease expense	`NonCashLeaseExpense`	$379.00K	USD	1 Quarter
Non-cash lease expense	`NonCashLeaseExpense`	-	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-282.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-915.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$3.05M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$-694.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherCurrentAssets`	$1.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherCurrentAssets`	$918.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-402.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-466.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.48M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-484.00K	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedExpensesAndOtherCurrentLiabilities`	$4.08M	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedExpensesAndOtherCurrentLiabilities`	$32.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$43.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	-	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-15.55M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-15.72M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.84M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.80M	USD	1 Quarter
Purchases of available-for-sale securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	1 Quarter
Purchases of available-for-sale securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$38.53M	USD	1 Quarter
Maturities of available-for-sale securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$28.35M	USD	1 Quarter
Maturities of available-for-sale securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-14.99M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.84M	USD	1 Quarter
Proceeds from Business Combination, net of transaction costs paid	`ProceedsFromBusinessCombinationNetOfTransactionCostsPaid`	$225.60M	USD	1 Quarter
Proceeds from Business Combination, net of transaction costs paid	`ProceedsFromBusinessCombinationNetOfTransactionCostsPaid`	$225.60M	USD	1 Quarter
Transaction costs paid directly by Rigetti	`TransactionCostsPaid`	-	USD	1 Quarter
Transaction costs paid directly by Rigetti	`TransactionCostsPaid`	$16.73M	USD	1 Quarter
Proceeds from issuance of notes payable	`ProceedsFromNotesPayable`	$5.00M	USD	1 Quarter
Proceeds from issuance of notes payable	`ProceedsFromNotesPayable`	-	USD	1 Quarter
Payment on principal of notes payable	`RepaymentsOfNotesPayable`	$1.80M	USD	1 Quarter
Payment on principal of notes payable	`RepaymentsOfNotesPayable`	-	USD	1 Quarter
Payments on deferred offering costs	`PaymentOfDeferredOfferingCosts`	-	USD	1 Quarter
Payments on deferred offering costs	`PaymentOfDeferredOfferingCosts`	$107.00K	USD	1 Quarter
Payments on debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$30.00K	USD	1 Quarter
Payments on debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	1 Quarter
Payment on loan and security agreement exit fees	`PaymentOfLoanAndSecurityAgreementExitFees`	$1.00M	USD	1 Quarter
Payment on loan and security agreement exit fees	`PaymentOfLoanAndSecurityAgreementExitFees`	-	USD	1 Quarter
Proceeds from issuance of common stock upon exercise of stock options and warrants	`ProceedsFromIssuanceOfCommonStockUponExerciseOfStockOptionsAndWarrants`	$602.00K	USD	1 Quarter
Proceeds from issuance of common stock upon exercise of stock options and warrants	`ProceedsFromIssuanceOfCommonStockUponExerciseOfStockOptionsAndWarrants`	$751.00K	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$213.44M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.15M	USD	1 Quarter
Effects of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.00K	USD	1 Quarter
Effects of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-83.00K	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$194.90M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-31.77M	USD	1 Quarter
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$26.12M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$57.89M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$206.94M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$12.05M	USD	Point-in-time
Cash and cash equivalents end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$26.12M	USD	Point-in-time
Cash and cash equivalents end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$57.89M	USD	Point-in-time
Cash and cash equivalents end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$206.94M	USD	Point-in-time
Cash and cash equivalents end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$12.05M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$878.00K	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$1.07M	USD	1 Quarter
Initial fair value of earn-out liability acquired in merger	`InitialFairValueOfEarnoutLiabilityAcquiredInMergera`	$20.41M	USD	Point-in-time
Initial fair value of earn-out liability acquired in merger	`InitialFairValueOfEarnoutLiabilityAcquiredInMergera`	-	USD	Point-in-time
Initial fair value of private placement and public warrant liability acquired in merger	`InitialFairValueOfPrivatePlacementAndPublicWarrantsLiabilityAcquiredInMerger`	$22.93M	USD	Point-in-time
Initial fair value of private placement and public warrant liability acquired in merger	`InitialFairValueOfPrivatePlacementAndPublicWarrantsLiabilityAcquiredInMerger`	-	USD	Point-in-time
Unrealized gain on short-term investments	`UnrealizedGainLossOnInvestments`	-	USD	1 Quarter
Unrealized gain on short-term investments	`UnrealizedGainLossOnInvestments`	$238.00K	USD	1 Quarter
Capitalization of deferred costs to equity upon share issuance	`CapitalizationOfDeferredCostsToEquityUponShareIssuance`	-	USD	1 Quarter
Capitalization of deferred costs to equity upon share issuance	`CapitalizationOfDeferredCostsToEquityUponShareIssuance`	$13.00K	USD	1 Quarter
Purchases of property and equipment recorded in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$210.00K	USD	1 Quarter
Purchases of property and equipment recorded in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	-	USD	1 Quarter
Purchases of property and equipment recorded in accrued expenses	`PurchasesOfPropertyAndEquipmentRecordedInAccruedExpense`	$120.00K	USD	1 Quarter
Purchases of property and equipment recorded in accrued expenses	`PurchasesOfPropertyAndEquipmentRecordedInAccruedExpense`	-	USD	1 Quarter

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-23.35M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-17.64M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$9.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-83.00K	USD	1 Quarter
Unrealized gains on available-for-sale debt securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$238.00K	USD	1 Quarter
Unrealized gains on available-for-sale debt securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Total other comprehensive income before income taxes	`OtherComprehensiveIncomeLossBeforeTax`	$9.00K	USD	1 Quarter
Total other comprehensive income before income taxes	`OtherComprehensiveIncomeLossBeforeTax`	$155.00K	USD	1 Quarter
Income taxes	`OtherComprehensiveIncomeLossTax`	-	USD	1 Quarter
Income taxes	`OtherComprehensiveIncomeLossTax`	-	USD	1 Quarter
Total other comprehensive income after income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$9.00K	USD	1 Quarter
Total other comprehensive income after income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$155.00K	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-17.63M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-23.20M	USD	1 Quarter

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