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10-Q Filing

SONDER HOLDINGS INC. CIK: 1819395 Q1 2022
Filing Information
Form Type 10-Q
Accession Number 0001819395-22-000036
Period End Date 20220331
Filing Date 20220516
Fiscal Year 2022
Fiscal Period Q1
XBRL Instance sond-20220331_htm.xml
Filing Contents
Balance Sheet 66 line items
Line Item Tag Value Unit Period
Accounts receivable, allowance for credit loss AllowanceForDoubtfulAccountsReceivableCurrent $4.13M USD Point-in-time
Accounts receivable, allowance for credit loss AllowanceForDoubtfulAccountsReceivableCurrent $3.29M USD Point-in-time
Cash CashAndCashEquivalentsAtCarryingValue $69.73M USD Point-in-time
Cash CashAndCashEquivalentsAtCarryingValue $241.73M USD Point-in-time
Cash CashAndCashEquivalentsAtCarryingValue $406.35M USD Point-in-time
Restricted cash RestrictedCashCurrent $215.00K USD Point-in-time
Restricted cash RestrictedCashCurrent $500.00K USD Point-in-time
Restricted cash RestrictedCashCurrent $683.00K USD Point-in-time
Accounts receivable, net of allowance of $3,291 and $4,127 at March 31, 2022 and December 31, 2021 respectively AccountsReceivableNetCurrent $4.64M USD Point-in-time
Accounts receivable, net of allowance of $3,291 and $4,127 at March 31, 2022 and December 31, 2021 respectively AccountsReceivableNetCurrent $1.34M USD Point-in-time
Prepaid rent PrepaidRent $3.38M USD Point-in-time
Prepaid rent PrepaidRent $2.96M USD Point-in-time
Prepaid expenses OtherPrepaidExpenseCurrent $5.03M USD Point-in-time
Prepaid expenses OtherPrepaidExpenseCurrent $14.44M USD Point-in-time
Other current assets OtherAssetsCurrent $16.42M USD Point-in-time
Other current assets OtherAssetsCurrent $18.52M USD Point-in-time
Total current assets AssetsCurrent $444.70M USD Point-in-time
Total current assets AssetsCurrent $98.98M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $27.46M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $35.24M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $1.13B USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $22.04M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $15.61M USD Point-in-time
Total assets Assets $1.63B USD Point-in-time
Total assets Assets $148.48M USD Point-in-time
Accounts payable AccountsPayableCurrent $16.11M USD Point-in-time
Accounts payable AccountsPayableCurrent $19.10M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $19.56M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $25.31M USD Point-in-time
Sales tax payable SalesAndExciseTaxPayableCurrent $11.37M USD Point-in-time
Sales tax payable SalesAndExciseTaxPayableCurrent $8.41M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $34.07M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $18.81M USD Point-in-time
Current portion of long-term debt OtherLongTermDebtCurrent $13.12M USD Point-in-time
Current portion of long-term debt OtherLongTermDebtCurrent - USD Point-in-time
Convertible notes ConvertibleNotesPayableCurrent - USD Point-in-time
Convertible notes ConvertibleNotesPayableCurrent $184.64M USD Point-in-time
Current operating lease liabilities OperatingLeaseLiabilityCurrent $143.01M USD Point-in-time
Total current liabilities LiabilitiesCurrent $263.63M USD Point-in-time
Total current liabilities LiabilitiesCurrent $229.87M USD Point-in-time
Non-current operating lease liabilities OperatingLeaseLiabilityNoncurrent $1.07B USD Point-in-time
Non-current operating lease liabilities OperatingLeaseLiabilityNoncurrent - USD Point-in-time
Deferred rent DeferredRentCreditNoncurrent - USD Point-in-time
Deferred rent DeferredRentCreditNoncurrent $66.13M USD Point-in-time
Long-term debt, net LongTermDebtNoncurrent $10.74M USD Point-in-time
Long-term debt, net LongTermDebtNoncurrent $156.72M USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $36.60M USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $3.91M USD Point-in-time
Total liabilities Liabilities $344.40M USD Point-in-time
Total liabilities Liabilities $1.49B USD Point-in-time
Commitments and contingencies (Note 8) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 8) CommitmentsAndContingencies - USD Point-in-time
Total mezzanine equity TemporaryEquityCarryingAmountAttributableToParent $568.48M USD Point-in-time
Total mezzanine equity TemporaryEquityCarryingAmountAttributableToParent - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $918.37M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $43.11M USD Point-in-time
Cumulative translation adjustment AccumulatedOtherComprehensiveIncomeLossNetOfTax $9.30M USD Point-in-time
Cumulative translation adjustment AccumulatedOtherComprehensiveIncomeLossNetOfTax $7.30M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-814.81M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-792.42M USD Point-in-time
Total stockholders equity (deficit) StockholdersEquity $-500.87M USD Point-in-time
Total stockholders equity (deficit) StockholdersEquity $135.27M USD Point-in-time
Total stockholders equity (deficit) StockholdersEquity $-563.37M USD Point-in-time
Total stockholders equity (deficit) StockholdersEquity $-764.41M USD Point-in-time
Total liabilities, mezzanine equity and stockholders equity (deficit) LiabilitiesAndStockholdersEquity $148.48M USD Point-in-time
Total liabilities, mezzanine equity and stockholders equity (deficit) LiabilitiesAndStockholdersEquity $1.63B USD Point-in-time
Income Statement 48 line items
Line Item Tag Value Unit Period
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $31.56M USD 1 Quarter
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $80.47M USD 1 Quarter
Cost of revenue (excluding depreciation and amortization) CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization $73.90M USD 1 Quarter
Cost of revenue (excluding depreciation and amortization) CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization $39.20M USD 1 Quarter
Operations and support OperatingCostsAndExpenses $48.27M USD 1 Quarter
Operations and support OperatingCostsAndExpenses $25.42M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $32.15M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $36.98M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $7.62M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $3.32M USD 1 Quarter
Sales and marketing SellingAndMarketingExpense $9.46M USD 1 Quarter
Sales and marketing SellingAndMarketingExpense $2.51M USD 1 Quarter
Total costs and expenses CostsAndExpenses $102.61M USD 1 Quarter
Total costs and expenses CostsAndExpenses $176.23M USD 1 Quarter
Loss from operations OperatingIncomeLoss $-71.05M USD 1 Quarter
Loss from operations OperatingIncomeLoss $-95.76M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNonoperatingNet $-8.20M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNonoperatingNet $-3.83M USD 1 Quarter
Change in fair value of SPAC Warrants FairValueAdjustmentOfWarrants $-26.32M USD 1 Quarter
Change in fair value of SPAC Warrants FairValueAdjustmentOfWarrants - USD 1 Quarter
Change in fair value of Earn Out liability DerivativeGainLossOnDerivativeNet $73.18M USD 1 Quarter
Change in fair value of Earn Out liability DerivativeGainLossOnDerivativeNet - USD 1 Quarter
Change in fair value of share-settled redemption feature and gain on conversion of Convertible Notes DebtConversionGainLossOnShareSettleRedemptionFeatureAndConversionOfDebt $29.51M USD 1 Quarter
Change in fair value of share-settled redemption feature and gain on conversion of Convertible Notes DebtConversionGainLossOnShareSettleRedemptionFeatureAndConversionOfDebt - USD 1 Quarter
Other expense, net OtherNonoperatingIncomeExpense $-2.62M USD 1 Quarter
Other expense, net OtherNonoperatingIncomeExpense $-3.64M USD 1 Quarter
Total interest expense, net and other expense (income), net NonoperatingIncomeExpense $118.19M USD 1 Quarter
Total interest expense, net and other expense (income), net NonoperatingIncomeExpense $-7.47M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $22.42M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-78.52M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $31.00K USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $23.00K USD 1 Quarter
Net income (loss) NetIncomeLoss $22.39M USD 1 Quarter
Net income (loss) NetIncomeLoss $-78.54M USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.11 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-7.37 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-7.37 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.18 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 176.33M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 10.66M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 171.83M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 10.66M shares 1 Quarter
Net income (loss) NetIncomeLoss $22.39M USD 1 Quarter
Net income (loss) NetIncomeLoss $-78.54M USD 1 Quarter
Change in foreign currency translation adjustment OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $2.00M USD 1 Quarter
Change in foreign currency translation adjustment OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $1.15M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTax $-77.40M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTax $24.39M USD 1 Quarter
Cash Flow Statement 122 line items
Line Item Tag Value Unit Period
Delayed Draw Notes, issuance costs PaymentsOfDebtIssuanceCostsDelayedDrawNotes $5.78M USD 1 Quarter
Net income (loss) NetIncomeLoss $22.39M USD 1 Quarter
Convertible Notes, issuance costs PaymentsOfDebtIssuanceCostsConvertibleDebt $2.36M USD 1 Quarter
Net income (loss) NetIncomeLoss $-78.54M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $4.12M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $5.63M USD 1 Quarter
Share-based compensation ShareBasedCompensation $14.15M USD 1 Quarter
Share-based compensation ShareBasedCompensation $6.68M USD 1 Quarter
Bad debt expense ProvisionForDoubtfulAccounts $41.00K USD 1 Quarter
Bad debt expense ProvisionForDoubtfulAccounts $56.00K USD 1 Quarter
Write-off of capital assets GainLossOnDispositionOfAssets $-37.00K USD 1 Quarter
Write-off of capital assets GainLossOnDispositionOfAssets $6.00K USD 1 Quarter
Amortization of operating lease right-of-use assets OperatingLeaseRightOfUseAssetAmortizationExpense $37.65M USD 1 Quarter
Write-off of debt issuance costs WriteOffOfDeferredDebtIssuanceCost $362.00K USD 1 Quarter
Write-off of debt issuance costs WriteOffOfDeferredDebtIssuanceCost - USD 1 Quarter
Straight-line rent StraightLineRent - USD 1 Quarter
Straight-line rent StraightLineRent $-3.11M USD 1 Quarter
Unrealized loss on foreign currency transactions ForeignCurrencyTransactionGainLossUnrealized $-1.57M USD 1 Quarter
Unrealized loss on foreign currency transactions ForeignCurrencyTransactionGainLossUnrealized $-2.38M USD 1 Quarter
Amortization of debt issuance costs AmortizationOfFinancingCosts $8.75M USD 1 Quarter
Amortization of debt issuance costs AmortizationOfFinancingCosts $239.00K USD 1 Quarter
Amortization of debt discounts AmortizationOfDebtDiscountPremium $-3.01M USD 1 Quarter
Amortization of debt discounts AmortizationOfDebtDiscountPremium $1.99M USD 1 Quarter
Change in fair value of share-settled redemption feature and gain on conversion of Convertible Notes DebtConversionGainLossOnShareSettleRedemptionFeatureAndConversionOfDebt $29.51M USD 1 Quarter
Change in fair value of share-settled redemption feature and gain on conversion of Convertible Notes DebtConversionGainLossOnShareSettleRedemptionFeatureAndConversionOfDebt - USD 1 Quarter
Change in fair value of derivative instruments UnrealizedGainLossOnDerivatives - USD 1 Quarter
Change in fair value of derivative instruments UnrealizedGainLossOnDerivatives $-592.00K USD 1 Quarter
Change in fair value of warrants FairValueAdjustmentOfWarrantsAndRightsOutstanding - USD 1 Quarter
Change in fair value of warrants FairValueAdjustmentOfWarrantsAndRightsOutstanding $1.53M USD 1 Quarter
Change in fair value of SPAC Warrants FairValueAdjustmentOfWarrants $-26.32M USD 1 Quarter
Change in fair value of SPAC Warrants FairValueAdjustmentOfWarrants - USD 1 Quarter
Change in fair value of Earn Out liability DerivativeGainLossOnDerivativeNet $73.18M USD 1 Quarter
Change in fair value of Earn Out liability DerivativeGainLossOnDerivativeNet - USD 1 Quarter
Other adjustments to net income (loss) OtherNoncashIncomeExpense $-7.00K USD 1 Quarter
Other adjustments to net income (loss) OtherNoncashIncomeExpense $-285.00K USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $-3.23M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $2.11M USD 1 Quarter
Prepaid rent IncreaseDecreaseInPrepaidRent $-7.38M USD 1 Quarter
Prepaid rent IncreaseDecreaseInPrepaidRent $446.00K USD 1 Quarter
Prepaid expenses IncreaseDecreaseInPrepaidExpensesOther $9.41M USD 1 Quarter
Prepaid expenses IncreaseDecreaseInPrepaidExpensesOther $686.00K USD 1 Quarter
Other current assets IncreaseDecreaseInOtherCurrentAssets $30.00K USD 1 Quarter
Other current assets IncreaseDecreaseInOtherCurrentAssets $2.06M USD 1 Quarter
Other non-current assets IncreaseDecreaseInOtherNoncurrentAssets $1.76M USD 1 Quarter
Other non-current assets IncreaseDecreaseInOtherNoncurrentAssets $-6.49M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-3.24M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-22.01M USD 1 Quarter
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $4.74M USD 1 Quarter
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $3.39M USD 1 Quarter
Sales tax payable IncreaseDecreaseInPropertyAndOtherTaxesPayable $345.00K USD 1 Quarter
Sales tax payable IncreaseDecreaseInPropertyAndOtherTaxesPayable $2.96M USD 1 Quarter
Deferred revenue IncreaseDecreaseInContractWithCustomerLiability $15.25M USD 1 Quarter
Deferred revenue IncreaseDecreaseInContractWithCustomerLiability $7.34M USD 1 Quarter
Operating lease assets and operating lease liabilities, net IncreaseDecreaseInOperatingLeaseLiability $-4.75M USD 1 Quarter
Other current liabilities IncreaseDecreaseInOtherCurrentLiabilities $5.00K USD 1 Quarter
Other current liabilities IncreaseDecreaseInOtherCurrentLiabilities $194.00K USD 1 Quarter
Other non-current liabilities IncreaseDecreaseInOtherNoncurrentLiabilities $2.97M USD 1 Quarter
Other non-current liabilities IncreaseDecreaseInOtherNoncurrentLiabilities $191.00K USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-50.69M USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-40.31M USD 1 Quarter
Purchase of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $10.54M USD 1 Quarter
Purchase of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $1.68M USD 1 Quarter
Development of internal-use software PaymentsToDevelopSoftware $1.08M USD 1 Quarter
Development of internal-use software PaymentsToDevelopSoftware $1.00M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-11.62M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-2.68M USD 1 Quarter
Proceeds from Delayed Draw Notes, net of issuance costs of $5,775 ProceedsFromIssuanceOfSecuredDebt $159.22M USD 1 Quarter
Proceeds from Delayed Draw Notes, net of issuance costs of $5,775 ProceedsFromIssuanceOfSecuredDebt - USD 1 Quarter
Proceeds from Convertible Notes, net of issuance costs of $2,362 ProceedsFromConvertibleDebt - USD 1 Quarter
Proceeds from Convertible Notes, net of issuance costs of $2,362 ProceedsFromConvertibleDebt $162.64M USD 1 Quarter
Repayment of debt RepaymentsOfLongTermDebt $2.02M USD 1 Quarter
Repayment of debt RepaymentsOfLongTermDebt $24.68M USD 1 Quarter
Debt extinguishment costs PaymentsOfDebtExtinguishmentCosts - USD 1 Quarter
Debt extinguishment costs PaymentsOfDebtExtinguishmentCosts $3.06M USD 1 Quarter
Proceeds from Business Combination and PIPE offering ProceedsFromIssuanceOfPrivatePlacement $325.93M USD 1 Quarter
Proceeds from Business Combination and PIPE offering ProceedsFromIssuanceOfPrivatePlacement - USD 1 Quarter
Issuance costs of common stock PaymentsOfStockIssuanceCosts - USD 1 Quarter
Issuance costs of common stock PaymentsOfStockIssuanceCosts $58.55M USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $746.00K USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $873.00K USD 1 Quarter
Issuance of redeemable convertible preferred stock ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock $1.02M USD 1 Quarter
Issuance of redeemable convertible preferred stock ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock - USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $162.39M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $399.73M USD 1 Quarter
Effects of foreign exchange on cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-280.00K USD 1 Quarter
Effects of foreign exchange on cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-327.00K USD 1 Quarter
Net change in cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $119.12M USD 1 Quarter
Net change in cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $337.09M USD 1 Quarter
Cash and restricted cash at the beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $69.94M USD Point-in-time
Cash and restricted cash at the beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $242.23M USD Point-in-time
Cash and restricted cash at the beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $123.11M USD Point-in-time
Cash and restricted cash at the beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $407.03M USD Point-in-time
Cash and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $69.94M USD Point-in-time
Cash and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $242.23M USD Point-in-time
Cash and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $123.11M USD Point-in-time
Cash and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $407.03M USD Point-in-time
Cash paid for income taxes during the year IncomeTaxesPaidNet $381.00K USD 1 Quarter
Cash paid for income taxes during the year IncomeTaxesPaidNet $43.00K USD 1 Quarter
Cash paid for interest during the year InterestPaidNet $1.08M USD 1 Quarter
Cash paid for interest during the year InterestPaidNet $1.87M USD 1 Quarter
Accrued purchases of property and equipment CapitalExpendituresIncurredButNotYetPaid $1.79M USD 1 Quarter
Accrued purchases of property and equipment CapitalExpendituresIncurredButNotYetPaid - USD 1 Quarter
Conversion of Convertible Notes NotesReduction $159.17M USD 1 Quarter
Conversion of Convertible Notes NotesReduction - USD 1 Quarter
Conversion of Legacy Sonder Warrants NoncashOrPartNoncashAcquisitionConversionOfWarrantsAmount $1.24M USD 1 Quarter
Conversion of Legacy Sonder Warrants NoncashOrPartNoncashAcquisitionConversionOfWarrantsAmount - USD 1 Quarter
Reclassification of liability-classified Legacy Sonder Warrants to equity ConversionOfStockWarrantsAmountConverted $2.11M USD 1 Quarter
Reclassification of liability-classified Legacy Sonder Warrants to equity ConversionOfStockWarrantsAmountConverted - USD 1 Quarter
Recognition of Earn Out liability NoncashOrPartNoncashAcquisitionDerivativeLiabilitiesAssumed - USD 1 Quarter
Recognition of Earn Out liability NoncashOrPartNoncashAcquisitionDerivativeLiabilitiesAssumed $98.12M USD 1 Quarter
Issuance of Delayed Draw Warrants NoncashOrPartCashTransactionIssuanceOfDelayedDrawWarrants - USD 1 Quarter
Issuance of Delayed Draw Warrants NoncashOrPartCashTransactionIssuanceOfDelayedDrawWarrants $5.60M USD 1 Quarter
Cash CashAndCashEquivalentsAtCarryingValue $69.73M USD Point-in-time
Cash CashAndCashEquivalentsAtCarryingValue $241.73M USD Point-in-time
Cash CashAndCashEquivalentsAtCarryingValue $406.35M USD Point-in-time
Restricted cash RestrictedCashCurrent $215.00K USD Point-in-time
Restricted cash RestrictedCashCurrent $500.00K USD Point-in-time
Restricted cash RestrictedCashCurrent $683.00K USD Point-in-time
Total cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $69.94M USD Point-in-time
Total cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $242.23M USD Point-in-time
Total cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $123.11M USD Point-in-time
Total cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $407.03M USD Point-in-time
Stockholders Equity 27 line items
Line Item Tag Value Unit Period
Mezzanine equity, beginning balance TemporaryEquityCarryingAmountAttributableToParent $568.48M USD Point-in-time
Mezzanine equity, beginning balance TemporaryEquityCarryingAmountAttributableToParent - USD Point-in-time
Mezzanine equity, ending balance TemporaryEquityCarryingAmountAttributableToParent $568.48M USD Point-in-time
Mezzanine equity, ending balance TemporaryEquityCarryingAmountAttributableToParent - USD Point-in-time
Beginning balance StockholdersEquity $-500.87M USD Point-in-time
Beginning balance StockholdersEquity $135.27M USD Point-in-time
Beginning balance StockholdersEquity $-563.37M USD Point-in-time
Beginning balance StockholdersEquity $-764.41M USD Point-in-time
Issuance of common stock upon exercise of stock options StockIssuedDuringPeriodValueStockOptionsExercised $746.00K USD 1 Quarter
Issuance of common stock upon exercise of stock options StockIssuedDuringPeriodValueStockOptionsExercised $873.00K USD 1 Quarter
Conversion of Sonder Legacy Warrants from liabilities to equity AdjustmentsToAdditionalPaidInCapitalLiabilityReclassifiedToEquityComponentOfConvertibleDebt $2.11M USD 1 Quarter
Conversion of Convertible Note StockIssuedDuringPeriodValueConversionOfNotes $159.17M USD 1 Quarter
Conversion of Preferred stock StockIssuedDuringPeriodValueConversionOfPreferredStock $518.76M USD 1 Quarter
Conversion of Exchangeable stock StockIssuedDuringPeriodValueConversionOfExchangeableStock $49.73M USD 1 Quarter
Issuance of common stock in connection with Business Combination and PIPE offering StockIssuedDuringPeriodValueConversionOfCommonStockReverseRecapitalization $267.36M USD 1 Quarter
Earn Out liability recognized upon consummation of the merger StockIssuedDuringPeriodValueEarnoutLiability $98.12M USD 1 Quarter
Assumption of SPAC Warrants upon Business Combination StockIssuedDuringPeriodValueSPACWarrantsReverseRecapitalization $-38.13M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $14.15M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $6.68M USD 1 Quarter
Net income (loss) NetIncomeLoss $22.39M USD 1 Quarter
Net income (loss) NetIncomeLoss $-78.54M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $1.15M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $2.00M USD 1 Quarter
Ending balance StockholdersEquity $-500.87M USD Point-in-time
Ending balance StockholdersEquity $135.27M USD Point-in-time
Ending balance StockholdersEquity $-563.37M USD Point-in-time
Ending balance StockholdersEquity $-764.41M USD Point-in-time

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

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