Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF STOCKHOLDERS??? EQUITY (DEFICIT)

v3.22.2
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (DEFICIT) - USD ($)
$ in Thousands
Total
Employee
Non-employee
Members’ Interest
Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Common Stock
Class C Common Stock
Additional Paid-In Capital
Additional Paid-In Capital
Employee
Accumulated Deficit
Non-Controlling Interest
Non-Controlling Interest
Employee
Non-Controlling Interest
Non-employee
Beginning balance at Dec. 31, 2020 $ (102,878)     $ (96,727)           $ (6,151)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Equity-based compensation 317     317                  
Non-employee equity-based compensation 368     368                  
Series A preferred discount amortization (5,238)     (5,238)                  
Net loss 149                 149      
Ending balance at Mar. 31, 2021 (107,282)     (101,280)           (6,002)      
Beginning balance at Dec. 31, 2020 (102,878)     (96,727)           (6,151)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net loss (5,185)                        
Ending balance at Jun. 30, 2021 (115,801)     (104,465)           (11,336)      
Beginning balance at Mar. 31, 2021 (107,282)     (101,280)           (6,002)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Equity-based compensation 1,973     1,973                  
Non-employee equity-based compensation 370     370                  
Series A preferred discount amortization (5,163)     (5,163)                  
Repurchase of member units prior to Business Combination (365)     (365)                  
Net loss (5,334)                 (5,334)      
Ending balance at Jun. 30, 2021 (115,801)     (104,465)           (11,336)      
Beginning balance at Dec. 31, 2021 (149,491)     (129,495) $ 0 $ 0 $ 0 $ 0   (19,996) $ 0    
Beginning balance (in shares) at Dec. 31, 2021         0 0 0            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Equity-based compensation 308     308                  
Non-employee equity-based compensation 241     241                  
Series A preferred discount amortization (6,621)     (6,621)                  
Repurchase of member units prior to Business Combination (1,599)     (1,599)                  
Net loss prior to Business Combination (2,691)                 (2,691)      
Effect of Business Combination 53,332     137,166 $ 4 $ 14       (831) (83,021)    
Effect of Business Combination (in shares)         44,009,874 139,106,323 1,388,125            
Equity-based compensation after Business Combination   $ 217 $ 114           $ 31     $ 186 $ 114
First Tier Vesting Event (in shares)         694,062 9,926,563 (694,062)            
First Tier Vesting Event 172,373         $ 1   38,783     133,589    
Net loss after Business Combination (254,136)                 (60,230) (193,906)    
Ending balance (in shares) at Mar. 31, 2022         44,703,936 149,032,886 694,063            
Ending balance at Mar. 31, 2022 (187,953)     0 $ 4 $ 15 $ 0 38,814   (83,748) (143,038)    
Beginning balance at Dec. 31, 2021 (149,491)     (129,495) $ 0 $ 0 $ 0 0   (19,996) 0    
Beginning balance (in shares) at Dec. 31, 2021         0 0 0            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net loss (301,912)                        
Ending balance (in shares) at Jun. 30, 2022         52,605,983 158,954,316 0            
Ending balance at Jun. 30, 2022 129,570     0 $ 5 $ 16 $ 0 128,245   (94,503) 95,807    
Beginning balance at Mar. 31, 2022 (187,953)     0 $ 4 $ 15 $ 0 38,814   (83,748) (143,038)    
Beginning balance (in shares) at Mar. 31, 2022         44,703,936 149,032,886 694,063            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Equity-based compensation 979             175     804    
Non-employee equity-based compensation 384                   384    
Second Tier Vesting Event (in shares)         694,063 9,926,562 (694,063)            
Second Tier Vesting Event 255,958         $ 1   60,803     195,154    
Warrant Redemption (in shares)         6,376,346                
Warrant Redemption 93,160       $ 1     24,924     68,235    
Applicable Premium Vesting (in shares)         6,196 820,310              
Applicable Premium Vesting 12,075             3,153     8,922    
Common Unit redemption (in shares)         825,442 (825,442)              
Common Unit redemption 0             364     (364)    
Effect of Business Combination 52             12     40    
Net loss (45,085)                 (10,755) (34,330)    
Ending balance (in shares) at Jun. 30, 2022         52,605,983 158,954,316 0            
Ending balance at Jun. 30, 2022 $ 129,570     $ 0 $ 5 $ 16 $ 0 $ 128,245   $ (94,503) $ 95,807