10-Q Filing

STRATA CRITICAL MEDICAL, INC. CIK: 1779128 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001779128-22-000083`
Period End Date	20220630
Filing Date	20220809
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	blde-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 68 Cash Flow Statement 81 Stockholders Equity 34 Comprehensive Income 24

Balance Sheet 79 line items

Line Item	Tag	Value	Unit	Period
Short term investment, cost	`DebtSecuritiesAvailableForSaleAmortizedCostCurrent`	$280.26M	USD	Point-in-time
Short term investment, cost	`DebtSecuritiesAvailableForSaleAmortizedCostCurrent`	$70.31M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$186.56M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$30.00M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.60M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$630.00K	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
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$1.69M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$9.67M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$5.55M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Short-term investments (cost: June 30, 2022 - $70,308; December 31, 2021 - $280,263)	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$279.37M	USD	Point-in-time
Short-term investments (cost: June 30, 2022 - $70,308; December 31, 2021 - $280,263)	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$69.61M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.80M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.70M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	70.67M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$294.94M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	71.40M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$278.23M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.04M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.30M	USD	Point-in-time
Investment in joint venture	`InvestmentInJointVenture`	$200.00K	USD	Point-in-time
Investment in joint venture	`InvestmentInJointVenture`	$200.00K	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$24.42M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$22.74M	USD	Point-in-time
Goodwill	`Goodwill`	$13.33M	USD	Point-in-time
Goodwill	`Goodwill`	$13.33M	USD	Point-in-time
Operating right-of-use asset	`OperatingLeaseRightOfUseAsset`	$713.00K	USD	Point-in-time
Operating right-of-use asset	`OperatingLeaseRightOfUseAsset`	$6.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$1.38M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$232.00K	USD	Point-in-time
Total assets	`Assets`	$335.88M	USD	Point-in-time
Total assets	`Assets`	$324.19M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$6.37M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$7.65M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$8.50M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$5.98M	USD	Point-in-time
Operating lease liability, current	`OperatingLeaseLiabilityCurrent`	$438.00K	USD	Point-in-time
Operating lease liability, current	`OperatingLeaseLiabilityCurrent`	$2.36M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$18.51M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$12.78M	USD	Point-in-time
Warrant liability	`WarrantsAndRightsOutstanding`	$31.31M	USD	Point-in-time
Warrant liability	`WarrantsAndRightsOutstanding`	$9.49M	USD	Point-in-time
Operating lease liability, long-term	`OperatingLeaseLiabilityNoncurrent`	$278.00K	USD	Point-in-time
Operating lease liability, long-term	`OperatingLeaseLiabilityNoncurrent`	$3.75M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$144.00K	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$144.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$44.51M	USD	Point-in-time
Total liabilities	`Liabilities`	$31.90M	USD	Point-in-time
Commitments and Contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, 2,000,000 shares authorized at June 30, 2022 and December 31, 2021. No shares issued and outstanding at June 30, 2022 and December 31, 2021.	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, 2,000,000 shares authorized at June 30, 2022 and December 31, 2021. No shares issued and outstanding at June 30, 2022 and December 31, 2021.	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value; 400,000,000 authorized; 71,397,326 and 70,667,381 shares issued at June 30, 2022 and December 31, 2021, respectively.	`CommonStockValue`	$7.00K	USD	Point-in-time
Common stock, $0.0001 par value; 400,000,000 authorized; 71,397,326 and 70,667,381 shares issued at June 30, 2022 and December 31, 2021, respectively.	`CommonStockValue`	$7.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$371.69M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$368.68M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-898.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-388.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-79.02M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-76.42M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$10.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$292.29M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$7.70M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$296.70M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$291.37M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$281.47M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$324.19M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$335.88M	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$35.63M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$22.22M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$62.26M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$12.95M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$17.77M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$9.98M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$30.52M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$54.23M	USD	2 Qtrs
Software development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$1.90M	USD	2 Qtrs
Software development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$1.06M	USD	1 Quarter
Software development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$612.00K	USD	2 Qtrs
Software development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$323.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$14.63M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$12.14M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$9.81M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$26.12M	USD	2 Qtrs
Selling and marketing	`SellingAndMarketingExpense`	$1.20M	USD	2 Qtrs
Selling and marketing	`SellingAndMarketingExpense`	$1.64M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$3.44M	USD	2 Qtrs
Selling and marketing	`SellingAndMarketingExpense`	$615.00K	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$34.22M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$20.72M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$85.69M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$45.37M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-9.73M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-12.00M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-23.42M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-7.77M	USD	1 Quarter
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$14.91M	USD	1 Quarter
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$-19.27M	USD	1 Quarter
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$14.91M	USD	2 Qtrs
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$-21.82M	USD	2 Qtrs
Realized loss from sales of short term investments	`GainLossOnSaleOfInvestments`	$-1.71M	USD	2 Qtrs
Realized loss from sales of short term investments	`GainLossOnSaleOfInvestments`	$-1.58M	USD	1 Quarter
Realized loss from sales of short term investments	`GainLossOnSaleOfInvestments`	-	USD	1 Quarter
Realized loss from sales of short term investments	`GainLossOnSaleOfInvestments`	-	USD	2 Qtrs
Recapitalization costs attributable to warrant liabilities	`RecapitalizationCostsAttributableToWarrantLiabilities`	$1.74M	USD	1 Quarter
Recapitalization costs attributable to warrant liabilities	`RecapitalizationCostsAttributableToWarrantLiabilities`	-	USD	2 Qtrs
Recapitalization costs attributable to warrant liabilities	`RecapitalizationCostsAttributableToWarrantLiabilities`	$1.74M	USD	2 Qtrs
Recapitalization costs attributable to warrant liabilities	`RecapitalizationCostsAttributableToWarrantLiabilities`	-	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$144.00K	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$140.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$719.00K	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$455.00K	USD	1 Quarter
Other non-operating income (expense)	`NonoperatingIncomeExpense`	$18.14M	USD	1 Quarter
Other non-operating income (expense)	`NonoperatingIncomeExpense`	$20.82M	USD	2 Qtrs
Other non-operating income (expense)	`NonoperatingIncomeExpense`	$-16.52M	USD	1 Quarter
Other non-operating income (expense)	`NonoperatingIncomeExpense`	$-16.51M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-2.60M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$8.41M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-28.51M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-24.29M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.11	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.74	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.04	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.47	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.74	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.47	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.10	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.04	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.55M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	51.57M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	70.91M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	71.05M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.55M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	70.91M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	78.50M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.57M	shares	1 Quarter

Cash Flow Statement 81 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-2.60M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$8.41M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-28.51M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-24.29M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.30M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$266.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$3.94M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.42M	USD	2 Qtrs
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$14.91M	USD	1 Quarter
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$-19.27M	USD	1 Quarter
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$14.91M	USD	2 Qtrs
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$-21.82M	USD	2 Qtrs
Realized loss from sales of short term investments	`GainLossOnSaleOfInvestments`	$-1.71M	USD	2 Qtrs
Realized loss from sales of short term investments	`GainLossOnSaleOfInvestments`	$-1.58M	USD	1 Quarter
Realized loss from sales of short term investments	`GainLossOnSaleOfInvestments`	-	USD	1 Quarter
Realized loss from sales of short term investments	`GainLossOnSaleOfInvestments`	-	USD	2 Qtrs
Unrealized foreign exchange gain / losses	`ForeignCurrencyTransactionGainLossUnrealized`	$5.00K	USD	2 Qtrs
Unrealized foreign exchange gain / losses	`ForeignCurrencyTransactionGainLossUnrealized`	-	USD	2 Qtrs
Recapitalization costs attributable to warrant liabilities	`RecapitalizationCostsAttributableToWarrantLiabilities`	$1.74M	USD	1 Quarter
Recapitalization costs attributable to warrant liabilities	`RecapitalizationCostsAttributableToWarrantLiabilities`	-	USD	2 Qtrs
Recapitalization costs attributable to warrant liabilities	`RecapitalizationCostsAttributableToWarrantLiabilities`	$1.74M	USD	2 Qtrs
Recapitalization costs attributable to warrant liabilities	`RecapitalizationCostsAttributableToWarrantLiabilities`	-	USD	1 Quarter
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-65.00K	USD	2 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.90M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.75M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$167.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.12M	USD	2 Qtrs
Other non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$32.00K	USD	2 Qtrs
Other non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$1.15M	USD	2 Qtrs
Operating right-of-use assets/lease liabilities	`IncreaseDecreaseInOperatingLeaseAssetsAndLiabilities`	$-106.00K	USD	2 Qtrs
Operating right-of-use assets/lease liabilities	`IncreaseDecreaseInOperatingLeaseAssetsAndLiabilities`	$-18.00K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.27M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.42M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$848.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$2.52M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-21.68M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-9.82M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$197.00K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$626.00K	USD	2 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$303.16M	USD	2 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$453.00K	USD	2 Qtrs
Proceeds from sales of short-term investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$208.70M	USD	2 Qtrs
Proceeds from sales of short-term investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	2 Qtrs
Net cash provided by / (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-303.36M	USD	2 Qtrs
Net cash provided by / (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$207.62M	USD	2 Qtrs
Proceeds from the exercise of common stock options	`ProceedsFromStockOptionsExercised`	$79.00K	USD	2 Qtrs
Proceeds from the exercise of common stock options	`ProceedsFromStockOptionsExercised`	$22.00K	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.01M	USD	2 Qtrs
Repayment of note payable	`RepaymentsOfNotesPayable`	$1.17M	USD	2 Qtrs
Repayment of note payable	`RepaymentsOfNotesPayable`	-	USD	2 Qtrs
Proceeds from recapitalization of EIC, net of issuance costs	`ProceedsFromRecapitalizationNetOfIssuanceCosts`	-	USD	2 Qtrs
Proceeds from recapitalization of EIC, net of issuance costs	`ProceedsFromRecapitalizationNetOfIssuanceCosts`	$214.99M	USD	2 Qtrs
Proceeds from sale of common stock in PIPE, net of issuance costs	`ProceedsFromIssuanceOfPrivatePlacement`	-	USD	2 Qtrs
Proceeds from sale of common stock in PIPE, net of issuance costs	`ProceedsFromIssuanceOfPrivatePlacement`	$119.63M	USD	2 Qtrs
Net cash (used in) / provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$333.48M	USD	2 Qtrs
Net cash (used in) / provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-932.00K	USD	2 Qtrs
Effect of foreign exchange rate changes on cash balances	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.00K	USD	2 Qtrs
Effect of foreign exchange rate changes on cash balances	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	2 Qtrs
Net increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$185.02M	USD	2 Qtrs
Net increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$20.30M	USD	2 Qtrs
Cash and cash equivalents and restricted cash - beginning	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.23M	USD	Point-in-time
Cash and cash equivalents and restricted cash - beginning	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$188.25M	USD	Point-in-time
Cash and cash equivalents and restricted cash - beginning	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.34M	USD	Point-in-time
Cash and cash equivalents and restricted cash - beginning	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.63M	USD	Point-in-time
Cash and cash equivalents and restricted cash - ending	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.23M	USD	Point-in-time
Cash and cash equivalents and restricted cash - ending	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$188.25M	USD	Point-in-time
Cash and cash equivalents and restricted cash - ending	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.34M	USD	Point-in-time
Cash and cash equivalents and restricted cash - ending	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.63M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$186.56M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$30.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.60M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$1.69M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$630.00K	USD	Point-in-time
Total	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.23M	USD	Point-in-time
Total	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$188.25M	USD	Point-in-time
Total	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.34M	USD	Point-in-time
Total	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.63M	USD	Point-in-time
New leases under ASC 842 entered into during the period	`NoncashOrPartNoncashAdoptionOfAccountingStandardsUpdate`	$13.00K	USD	2 Qtrs
New leases under ASC 842 entered into during the period	`NoncashOrPartNoncashAdoptionOfAccountingStandardsUpdate`	$5.87M	USD	2 Qtrs

Stockholders Equity 34 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$10.00M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$292.29M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$7.70M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$296.70M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$291.37M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$281.47M	USD	Point-in-time
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$22.00K	USD	2 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$58.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$5.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$79.00K	USD	2 Qtrs
Shares withheld related to net share settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.01M	USD	1 Quarter
Shares withheld related to net share settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$52.00K	USD	1 Quarter
Shares withheld related to net share settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.01M	USD	2 Qtrs
Shares withheld related to net share settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$52.00K	USD	2 Qtrs
EIC shares recapitalization, net of issuance costs and the fair value of warrant liabilities (in shares)	`StockIssuedDuringPeriodSharesReverseRecapitalization`	30.78M	shares	2 Qtrs
EIC shares recapitalization, net of issuance costs and the fair value of warrant liabilities (in shares)	`StockIssuedDuringPeriodSharesReverseRecapitalization`	30.78M	shares	1 Quarter
EIC shares recapitalized, net of issuance costs and the fair value of warrant liabilities	`StockIssuedDuringPeriodValueReverseRecapitalization`	$191.18M	USD	1 Quarter
EIC shares recapitalized, net of issuance costs and the fair value of warrant liabilities	`StockIssuedDuringPeriodValueReverseRecapitalization`	$191.18M	USD	2 Qtrs
Shares issued in PIPE, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$119.63M	USD	1 Quarter
Shares issued in PIPE, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$119.63M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$510.00K	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.51M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-2.60M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$8.41M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-28.51M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-24.29M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$10.00M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$292.29M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$7.70M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$296.70M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$291.37M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$281.47M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-2.60M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$8.41M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-28.51M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-24.29M	USD	1 Quarter
Unrealized investment losses	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Unrealized investment losses	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.52M	USD	2 Qtrs
Unrealized investment losses	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	2 Qtrs
Unrealized investment losses	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-140.00K	USD	1 Quarter
Less: Reclassification adjustment for losses included currently in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-1.58M	USD	1 Quarter
Less: Reclassification adjustment for losses included currently in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Less: Reclassification adjustment for losses included currently in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-1.71M	USD	2 Qtrs
Less: Reclassification adjustment for losses included currently in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	2 Qtrs
Foreign currency translation adjustments for the period	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$318.00K	USD	2 Qtrs
Foreign currency translation adjustments for the period	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	2 Qtrs
Foreign currency translation adjustments for the period	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$77.00K	USD	1 Quarter
Foreign currency translation adjustments for the period	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$510.00K	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.51M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-24.29M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-2.09M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$9.93M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-28.51M	USD	2 Qtrs

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