10-Q Filing

STRATA CRITICAL MEDICAL, INC. CIK: 1779128 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001779128-22-000112`
Period End Date	20220930
Filing Date	20221110
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	blde-20220930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 76 Cash Flow Statement 91 Stockholders Equity 31 Comprehensive Income 24

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
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
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.95M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$51.84M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.60M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$630.00K	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
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$1.14M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$11.27M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$5.55M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$150.38M	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$279.37M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	71.51M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.77M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.80M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	70.67M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$225.41M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$294.94M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.04M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.22M	USD	Point-in-time
Investment in joint venture	`InvestmentInJointVenture`	$390.00K	USD	Point-in-time
Investment in joint venture	`InvestmentInJointVenture`	$200.00K	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$48.53M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$24.42M	USD	Point-in-time
Goodwill	`Goodwill`	$31.85M	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`	$16.94M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$1.31M	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`	$326.66M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$6.37M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$11.56M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$5.98M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$6.04M	USD	Point-in-time
Operating lease liability, current	`OperatingLeaseLiabilityCurrent`	$2.63M	USD	Point-in-time
Operating lease liability, current	`OperatingLeaseLiabilityCurrent`	$438.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$12.78M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$20.23M	USD	Point-in-time
Warrant liability	`WarrantsAndRightsOutstanding`	$9.07M	USD	Point-in-time
Warrant liability	`WarrantsAndRightsOutstanding`	$31.31M	USD	Point-in-time
Operating lease liability, long-term	`OperatingLeaseLiabilityNoncurrent`	$14.52M	USD	Point-in-time
Operating lease liability, long-term	`OperatingLeaseLiabilityNoncurrent`	$278.00K	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`	$43.95M	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 September 30, 2022 and December 31, 2021. No shares issued and outstanding at September 30, 2022 and December 31, 2021.	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, 2,000,000 shares authorized at September 30, 2022 and December 31, 2021. No shares issued and outstanding at September 30, 2022 and December 31, 2021.	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value; 400,000,000 authorized; 71,506,665 and 70,667,381 shares issued at September 30, 2022 and December 31, 2021, respectively.	`CommonStockValue`	$7.00K	USD	Point-in-time
Common stock, $0.0001 par value; 400,000,000 authorized; 71,506,665 and 70,667,381 shares issued at September 30, 2022 and December 31, 2021, respectively.	`CommonStockValue`	$7.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$368.68M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$373.22M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.26M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-898.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-76.42M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-88.26M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$10.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$291.23M	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`	$292.29M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$282.70M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$335.88M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$326.66M	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$42.54M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$107.98M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$20.32M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$45.72M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$90.69M	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$36.46M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$15.86M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$33.63M	USD	3 Qtrs
Software development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$2.03M	USD	1 Quarter
Software development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$3.92M	USD	3 Qtrs
Software development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$1.46M	USD	3 Qtrs
Software development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$844.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$15.81M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$12.12M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$41.93M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$26.75M	USD	3 Qtrs
Selling and marketing	`SellingAndMarketingExpense`	$1.23M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$5.29M	USD	3 Qtrs
Selling and marketing	`SellingAndMarketingExpense`	$2.43M	USD	3 Qtrs
Selling and marketing	`SellingAndMarketingExpense`	$1.86M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$56.15M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$64.27M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$30.05M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$141.84M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-9.73M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-33.85M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-10.43M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-21.73M	USD	3 Qtrs
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$-22.24M	USD	3 Qtrs
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$18.33M	USD	3 Qtrs
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$-425.00K	USD	1 Quarter
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$3.42M	USD	1 Quarter
Realized loss from sales of short-term investments	`GainLossOnSaleOfInvestments`	-	USD	3 Qtrs
Realized loss from sales of short-term investments	`GainLossOnSaleOfInvestments`	-	USD	1 Quarter
Realized loss from sales of short-term investments	`GainLossOnSaleOfInvestments`	$-359.00K	USD	1 Quarter
Realized loss from sales of short-term investments	`GainLossOnSaleOfInvestments`	$-2.07M	USD	3 Qtrs
Recapitalization costs attributable to warrant liabilities	`RecapitalizationCostsAttributableToWarrantLiabilities`	$-11.00K	USD	1 Quarter
Recapitalization costs attributable to warrant liabilities	`RecapitalizationCostsAttributableToWarrantLiabilities`	-	USD	1 Quarter
Recapitalization costs attributable to warrant liabilities	`RecapitalizationCostsAttributableToWarrantLiabilities`	$1.73M	USD	3 Qtrs
Recapitalization costs attributable to warrant liabilities	`RecapitalizationCostsAttributableToWarrantLiabilities`	-	USD	3 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$1.17M	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$453.00K	USD	3 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$1.89M	USD	3 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$309.00K	USD	1 Quarter
Total other non-operating income (expense)	`NonoperatingIncomeExpense`	$-3.10M	USD	1 Quarter
Total other non-operating income (expense)	`NonoperatingIncomeExpense`	$1.24M	USD	1 Quarter
Total other non-operating income (expense)	`NonoperatingIncomeExpense`	$-19.61M	USD	3 Qtrs
Total other non-operating income (expense)	`NonoperatingIncomeExpense`	$22.06M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-41.33M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-12.83M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-11.79M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-9.19M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-3.64M	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-3.64M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$56.00K	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$56.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-37.69M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-9.24M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.18M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-11.85M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.13	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.13	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.17	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.77	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.17	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.13	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.13	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.77	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	69.01M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	71.47M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	48.81M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	71.10M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	71.10M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	69.01M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.81M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	71.47M	shares	1 Quarter

Cash Flow Statement 91 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-37.69M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-9.24M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.18M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-11.85M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$457.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.74M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$5.63M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$8.35M	USD	3 Qtrs
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$-22.24M	USD	3 Qtrs
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$18.33M	USD	3 Qtrs
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$-425.00K	USD	1 Quarter
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$3.42M	USD	1 Quarter
Recapitalization costs attributable to warrant liabilities	`RecapitalizationCostsAttributableToWarrantLiabilities`	$-11.00K	USD	1 Quarter
Recapitalization costs attributable to warrant liabilities	`RecapitalizationCostsAttributableToWarrantLiabilities`	-	USD	1 Quarter
Recapitalization costs attributable to warrant liabilities	`RecapitalizationCostsAttributableToWarrantLiabilities`	$1.73M	USD	3 Qtrs
Recapitalization costs attributable to warrant liabilities	`RecapitalizationCostsAttributableToWarrantLiabilities`	-	USD	3 Qtrs
Realized loss from sales of short-term investments	`GainLossOnSaleOfInvestments`	-	USD	3 Qtrs
Realized loss from sales of short-term investments	`GainLossOnSaleOfInvestments`	-	USD	1 Quarter
Realized loss from sales of short-term investments	`GainLossOnSaleOfInvestments`	$-359.00K	USD	1 Quarter
Realized loss from sales of short-term investments	`GainLossOnSaleOfInvestments`	$-2.07M	USD	3 Qtrs
Realized foreign exchange loss	`ForeignCurrencyTransactionGainLossUnrealized`	-	USD	3 Qtrs
Realized foreign exchange loss	`ForeignCurrencyTransactionGainLossUnrealized`	$-7.00K	USD	3 Qtrs
Accretion of interest income on held-to-maturity securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	-	USD	3 Qtrs
Accretion of interest income on held-to-maturity securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$311.00K	USD	3 Qtrs
Deferred tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-3.64M	USD	3 Qtrs
Deferred tax benefit	`DeferredIncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-197.00K	USD	3 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.94M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.78M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-39.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.46M	USD	3 Qtrs
Other non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$1.06M	USD	3 Qtrs
Other non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$116.00K	USD	3 Qtrs
Operating right-of-use assets/lease liabilities	`IncreaseDecreaseInOperatingLeaseAssetsAndLiabilities`	$-196.00K	USD	3 Qtrs
Operating right-of-use assets/lease liabilities	`IncreaseDecreaseInOperatingLeaseAssetsAndLiabilities`	$-35.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.25M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$600.00K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$236.00K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-417.00K	USD	3 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$5.00K	USD	3 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-1.00K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-15.61M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-28.03M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$48.10M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$23.07M	USD	3 Qtrs
Investment in joint venture	`PaymentsToAcquireInterestInJointVenture`	$190.00K	USD	3 Qtrs
Investment in joint venture	`PaymentsToAcquireInterestInJointVenture`	-	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$264.00K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$719.00K	USD	3 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$308.77M	USD	3 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$120.49M	USD	3 Qtrs
Proceeds from sales of short-term investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$11.30M	USD	3 Qtrs
Proceeds from sales of short-term investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$248.38M	USD	3 Qtrs
Net cash provided by / (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-320.80M	USD	3 Qtrs
Net cash provided by / (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$78.88M	USD	3 Qtrs
Proceeds from the exercise of common stock options	`ProceedsFromStockOptionsExercised`	$81.00K	USD	3 Qtrs
Proceeds from the exercise of common stock options	`ProceedsFromStockOptionsExercised`	$142.00K	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$52.00K	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.17M	USD	3 Qtrs
Repayment of note payable	`RepaymentsOfNotesPayable`	-	USD	3 Qtrs
Repayment of note payable	`RepaymentsOfNotesPayable`	$1.17M	USD	3 Qtrs
Proceeds from recapitalization of EIC, net of issuance costs	`ProceedsFromRecapitalizationNetOfIssuanceCosts`	-	USD	3 Qtrs
Proceeds from recapitalization of EIC, net of issuance costs	`ProceedsFromRecapitalizationNetOfIssuanceCosts`	$215.10M	USD	3 Qtrs
Proceeds from sale of common stock in PIPE, net of issuance costs	`ProceedsFromIssuanceOfPrivatePlacement`	-	USD	3 Qtrs
Proceeds from sale of common stock in PIPE, net of issuance costs	`ProceedsFromIssuanceOfPrivatePlacement`	$119.63M	USD	3 Qtrs
Net cash (used in) / provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$333.66M	USD	3 Qtrs
Net cash (used in) / provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.08M	USD	3 Qtrs
Effect of foreign exchange rate changes on cash balances	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	3 Qtrs
Effect of foreign exchange rate changes on cash balances	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-9.00K	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$49.76M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.75M	USD	3 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`	$7.58M	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`	$52.98M	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`	$7.58M	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`	$52.98M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.95M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$51.84M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.60M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$1.14M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$630.00K	USD	Point-in-time
Total	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.23M	USD	Point-in-time
Total	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.58M	USD	Point-in-time
Total	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.34M	USD	Point-in-time
Total	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$52.98M	USD	Point-in-time
New leases under ASC 842 entered into during the period	`NoncashOrPartNoncashAdoptionOfAccountingStandardsUpdate`	$13.00K	USD	3 Qtrs
New leases under ASC 842 entered into during the period	`NoncashOrPartNoncashAdoptionOfAccountingStandardsUpdate`	$5.87M	USD	3 Qtrs

Stockholders Equity 31 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$10.00M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$291.23M	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`	$292.29M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$282.70M	USD	Point-in-time
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$81.00K	USD	3 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$142.00K	USD	3 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$120.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.00K	USD	1 Quarter
Shares withheld related to net share settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$52.00K	USD	3 Qtrs
Shares withheld related to net share settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$154.00K	USD	1 Quarter
Shares withheld related to net share settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.17M	USD	3 Qtrs
EIC shares recapitalized, net of issuance costs and the fair value of warrant liabilities	`StockIssuedDuringPeriodValueReverseRecapitalization`	$-32.00K	USD	1 Quarter
EIC shares recapitalized, net of issuance costs and the fair value of warrant liabilities	`StockIssuedDuringPeriodValueReverseRecapitalization`	$191.15M	USD	3 Qtrs
Shares issued in PIPE, net of issuance costs (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	12.50M	shares	3 Qtrs
Shares issued in PIPE, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$119.63M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.87M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-297.00K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.36M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-297.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-37.69M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-9.24M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.18M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-11.85M	USD	3 Qtrs
Ending Balance	`StockholdersEquity`	$10.00M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$291.23M	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`	$292.29M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$282.70M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-37.69M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-9.24M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.18M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-11.85M	USD	3 Qtrs
Unrealized investment income (loss)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-297.00K	USD	1 Quarter
Unrealized investment income (loss)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$101.00K	USD	1 Quarter
Unrealized investment income (loss)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.42M	USD	3 Qtrs
Unrealized investment income (loss)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-297.00K	USD	3 Qtrs
Less: Reclassification adjustment for losses included currently in net loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	3 Qtrs
Less: Reclassification adjustment for losses included currently in net loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-359.00K	USD	1 Quarter
Less: Reclassification adjustment for losses included currently in net loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-2.07M	USD	3 Qtrs
Less: Reclassification adjustment for losses included currently in net loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Foreign currency translation adjustments for the period	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.02M	USD	3 Qtrs
Foreign currency translation adjustments for the period	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.33M	USD	1 Quarter
Foreign currency translation adjustments for the period	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Foreign currency translation adjustments for the period	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.87M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-297.00K	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.36M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-297.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-13.21M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-9.48M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-11.12M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-37.99M	USD	3 Qtrs

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