| Jan 2, 2022 | Jan 1, 2023 | Dec 31, 2023 |
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Net loss | -126 | -52 | -214 |
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Net loss | -126 | - | -214 |
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Depreciation, accretion and amortization | 1 | 7 | 34 |
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Amortization of right-of-use assets | 1 | 1 | - |
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Stock-based compensation | 11 | 30 | 69 |
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Stock-based compensation | 11 | 30 | 69 |
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Fair Value Adjustment of Warrants | 56 | -75 | -6 |
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Fair Value Adjustment of Warrants | 56 | -75 | -6 |
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Impairment of equipment | - | 5 | 4 |
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Impairment of equipment | - | 5 | 4 |
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Others | - | - | -1 |
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Accounts and notes receivables | - | 0 | 0 |
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Inventory | - | 1 | -5 |
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Prepaid expenses and other assets | 2 | 3 | 1 |
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Deferred contract costs | 1 | -4 | - |
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Accounts payable | 2 | 2 | 6 |
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Accounts payable | 2 | 2 | 6 |
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Accrued expenses and compensation | 5 | 3 | 2 |
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Accrued expenses and compensation | 5 | 3 | 2 |
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Deferred revenue | 2 | -4 | -4 |
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Deferred revenue | 2 | -4 | -4 |
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Deferred tax liability | - | - | -1 |
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Other liabilities | 1 | -0 | 0 |
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Loss (gain) on early debt extinguishment | -0 | - | - |
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Accounts and notes receivables | - | 0 | 0 |
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Inventory | - | 1 | -5 |
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Prepaid expenses and other assets | 2 | 3 | 1 |
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Deferred contract costs | 1 | -4 | - |
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Accounts payable | 2 | 2 | 6 |
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Accounts payable | 2 | 2 | 6 |
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Accrued expenses and compensation | 5 | 3 | 2 |
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Accrued expenses and compensation | 5 | 3 | 2 |
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Deferred revenue | 2 | -4 | -4 |
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Deferred revenue | 2 | -4 | -4 |
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Deferred tax liability | - | - | -1 |
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Other liabilities | 1 | -0 | 0 |
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Net cash used in operating activities | -51 | -83 | -105 |
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Purchase of property and equipment | 44 | 36 | 62 |
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Net cash used in investing activities | -44 | -36 | -143 |
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Routejade acquisition, net of cash and restricted cash acquired | - | - | 10 |
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Purchases of investments | - | - | 138 |
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Maturities of investments | - | - | 67 |
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Net cash used in investing activities | -44 | -36 | -143 |
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Proceeds from Business Combination and PIPE financing | 405 | - | - |
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Proceeds from Warrant Exercises | 77 | 53 | - |
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Proceeds from Issuance of Long-Term Debt | - | - | 173 |
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Proceeds from Issuance of Long-Term Debt | - | - | 173 |
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Purchase of Capped Calls | - | - | 17 |
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Proceeds from issuance of common stock under employee stock purchase plan | - | 2 | 2 |
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Payments of debt issuance costs | 0 | - | 6 |
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Payroll tax payments for shares withheld upon vesting of RSUs | - | 1 | 4 |
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Repayment of debt | - | - | 0 |
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Repayment of secured promissory note | -15 | - | - |
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Proceeds from issuance of common stock under employee stock purchase plan | - | 2 | 2 |
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Payments of debt issuance costs | 0 | - | 6 |
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Payroll tax payments for shares withheld upon vesting of RSUs | - | 1 | 4 |
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Proceeds from Stock Options Exercised | 0 | 2 | 12 |
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Proceeds from Stock Options Exercised | 0 | 2 | 12 |
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Repurchase of unvested restricted common stock | 0 | 0 | 0 |
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Repurchase of unvested restricted common stock | 0 | 0 | 0 |
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Net cash provided by financing activities | 451 | 57 | 160 |
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Net cash provided by financing activities | 451 | 57 | 160 |
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Change in cash, cash equivalents, and restricted cash | 356 | -62 | -88 |
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Effect of exchange rate changes on cash, cash equivalents and restricted cash | - | - | 0 |
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Change in cash, cash equivalents, and restricted cash | 356 | -62 | -88 |
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Cash paid for interest | - | - | 3 |
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Capital Expenditures Incurred but Not yet Paid | 5 | 7 | 16 |
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Capital Expenditures Incurred but Not yet Paid | 5 | 7 | 16 |
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Cash paid for interest | - | - | 3 |
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Capital Expenditures Incurred but Not yet Paid | 5 | 7 | 16 |
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Capital Expenditures Incurred but Not yet Paid | 5 | 7 | 16 |
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