Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 40,391,000 $ 55,698,000
Accounts receivable 4,580,000 2,544,000
Deferred contract acquisition costs, net 8,729,000 7,178,000
Prepaid expenses and other current assets 4,010,000 2,254,000
Total current assets 57,710,000 67,674,000
Non-current assets:    
Property and equipment, net 24,985,000 18,294,000
Deferred contract acquisition costs, net, less current portion 7,852,000 6,208,000
Other non-current assets 2,327,000 797,000
TOTAL ASSETS 92,874,000 92,973,000
Current liabilities:    
Accounts payable 4,498,000 3,400,000
Accrued liabilities 16,118,000 10,286,000
Deferred revenue 28,425,000 22,851,000
Current portion of capital lease obligations 8,573,000 7,086,000
Current portion of long-term debt 0 400,000
Total current liabilities 57,614,000 44,023,000
Non-current liabilities:    
Deferred rent 3,141,000 1,000
Capital lease obligations, less current portion 7,481,000 7,356,000
Long-term debt 9,995,000 3,600,000
Total liabilities 78,231,000 54,980,000
COMMITMENTS AND CONTINGENCIES (Note 12)
Redeemable convertible preferred stock    
Redeemable convertible preferred stock, $0.00001 par value per share; 43,836,109 shares authorized, issued and outstanding as of September 30, 2021,and December 31, 2020, respectively; liquidation preference of $160,764 and $159,073 as of September 30, 2021 and December 31, 2020, respectively 151,938,106 151,938,000
Stockholders' deficit:    
Common stock, $0.00001 par value per share; 71,384,328 and 65,084,328 shares authorized as of September 30, 2021 and December 31, 2020, respectively; 14,759,718 and 11,882,286 issued and outstanding as of September 30, 2021 and December 31, 2020, respectively 0 0
Additional paid-in capital 30,548,000 16,261,000
Accumulated deficit (167,830,000) (130,208,000)
Accumulated other comprehensive (loss) income (13,000) 2,000
Total stockholders' deficit (137,295,000) (113,945,000)
TOTAL LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' DEFICIT $ 92,874,000 $ 92,973,000