Registration statement for securities of certain foreign private issuers

Consolidated Balance Sheets

v3.21.2
Consolidated Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 49,950,000 $ 72,792,000
Prepaid expenses 461,000 426,000
Short term deposits 0 34,720,000
Restricted deposits 8,000 8,000
Trade receivables 2,506,000 1,021,000
Inventories 2,164,000 1,341,000
Prepaid expenses and other current assets 3,287,000 1,918,000
Total current assets 57,915,000 111,800,000
LONG-TERM ASSETS:    
Restricted deposits 864,000 627,000
Other long-term assets 537,000 98,000
Property and equipment, net 13,245,000 11,339,000
Total long-term assets 14,646,000 12,064,000
Total assets 72,561,000 123,864,000
CURRENT LIABILITIES:    
Trade payables 7,751,000 7,145,000
Advances from customers and deferred revenues 1,661,000 463,000
Employees and payroll accruals 5,528,000 3,417,000
Accrued expenses and other current liabilities 2,854,000 3,674,000
Accrued expenses 2,536,000 3,367,000
Total current liabilities 17,794,000 14,699,000
LONG-TERM LIABILITIES:    
Loan, net of current maturities 2,224,000 2,325,000
Long-term advances from customers and deferred revenues 3,473,000 3,473,000
Total long-term liabilities 5,697,000 5,798,000
CONVERTIBLE PREFERRED SHARES    
Total convertible preferred shares 272,815,000 249,081,000
SHAREHOLDERS' DEFICIT:    
Common stock value [1]
Additional paid-in capital 7,658,000 4,178,000
Accumulated deficit (231,403,000) (149,892,000)
Total shareholders' deficit (223,745,000) (145,714,000)
Total liabilities, convertible preferred shares and shareholders' deficit 72,561,000 123,864,000
Collective Growth Corp [Member]    
CURRENT ASSETS:    
Cash and cash equivalents 284,330 0
Prepaid expenses 61,651  
Total current assets 345,981  
LONG-TERM ASSETS:    
Deferred offering costs   32,500
Cash and marketable securities held in Trust Account 150,100,083  
Total assets 150,446,064 32,500
CURRENT LIABILITIES:    
Accrued expenses 371,244  
Promissory note – related party   7,848
Warrant Liability 41,975,813  
Total current liabilities 371,244 7,848
LONG-TERM LIABILITIES:    
Deferred consulting fees 72,000  
Deferred underwriting fee payable 5,250,000  
Total Liabilities 47,669,057 7,848
Commitments and Contingencies (Note 7)  
Class A common stock subject to possible redemption, 9,777,700 shares at redemption value at December 31, 2020 97,777,000  
SHAREHOLDERS' DEFICIT:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding  
Additional paid-in capital 34,854,235 24,569
Accumulated deficit (29,855,151) (348)
Total shareholders' deficit 5,000,007 24,652
Total liabilities, convertible preferred shares and shareholders' deficit 150,446,064 32,500
Series A Convertible Preferred Shares [Member]    
CONVERTIBLE PREFERRED SHARES    
Total convertible preferred shares 9,000,000 9,000,000
Series B Convertible Preferred Shares [Member]    
CONVERTIBLE PREFERRED SHARES    
Total convertible preferred shares 66,348,000 66,348,000
Series B-1 Convertible Preferred Shares [Member]    
CONVERTIBLE PREFERRED SHARES    
Total convertible preferred shares 12,500,000 12,500,000
Series C Convertible Preferred Shares [Member]    
CONVERTIBLE PREFERRED SHARES    
Total convertible preferred shares 161,233,000 161,233,000
Series C-1 Convertible Preferred Shares [Member]    
CONVERTIBLE PREFERRED SHARES    
Total convertible preferred shares 23,734,000 0
Class A Common Stock | Collective Growth Corp [Member]    
SHAREHOLDERS' DEFICIT:    
Common stock value 548  
Total shareholders' deficit 548  
Class B Common Stock | Collective Growth Corp [Member]    
SHAREHOLDERS' DEFICIT:    
Common stock value [2] 375 431
Total shareholders' deficit $ 375 $ 431
[1] Represents amounts lower than $1.
[2] December 31, 2019 share amount included an aggregate of up to 562,500 shares that were subject to forfeiture to the extent that the underwriters’ over-allotment option was not exercised in full or in part (see Note 6).