General form of registration statement for all companies including face-amount certificate companies

Condensed Statements Of Operations

v3.22.2
Condensed Statements Of Operations - USD ($)
 3 Months Ended 12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2021
Dec. 31, 2021
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenue, net $ 90,479,000 $ 102,220,000     $ 383,685,000 $ 364,271,000 $ 233,116,000
Cost of goods sold 47,742,000 50,028,000     195,181,000 188,267,000 149,681,000
Gross profit 42,737,000 52,192,000     188,504,000 176,004,000 83,435,000
Operating expenses:              
Advertising 32,793,000 35,636,000     107,313,000 55,547,000 77,842,000
Product development 6,240,000 5,162,000     23,408,000 18,655,000 13,604,000
Selling, general and administrative 50,970,000 47,538,000     186,638,000 168,295,000 155,158,000
Loss from operations (47,266,000) (36,144,000)     (128,855,000) (66,493,000) (163,169,000)
Other income (expense):              
Interest expense 2,087,000 963,000     5,202,000 5,607,000 2,052,000
Loss on extinguishment of debt         1,027,000 0 0
Other expense (income), net (1,992,000) 776,000     760,000 119,000 (3,763,000)
Total other (expense) income, net 95,000 1,739,000     6,989,000 5,726,000 (1,711,000)
Loss before provision for income taxes (47,361,000) (37,883,000)     (135,844,000) (72,219,000) (161,458,000)
Provision for income taxes 23,000 12,000     52,000 41,000 12,000
Net (loss) income $ (47,384,000) $ (37,895,000)     (135,896,000) (72,260,000) (161,470,000)
Deemed dividend due to the exchange of Series Seed convertible preferred stock and Series A convertible preferred stock for Series D convertible preferred stock (Note 9)         0 0 (1,801,000)
Net loss attributable to common stockholders, basic and diluted         $ (135,896,000) $ (72,260,000) $ (163,271,000)
Weighted average shares outstanding - Basic 7,981,994 6,621,414     7,288,145 4,568,540 3,764,374
Weighted average shares outstanding - Diluted 7,981,994 6,621,414     7,288,145 4,568,540 3,764,374
Net income (loss) per ordinary share - Basic $ (5.94) $ (5.72)     $ (18.65) $ (15.82) $ (43.37)
Net income (loss) per ordinary share - Diluted $ (5.94) $ (5.72)     $ (18.65) $ (15.82) $ (43.37)
Virgin Group Acquisition Corp. II [Member]              
Formation and operating costs $ 1,008,046   $ 27,356 $ 3,572,794      
Operating expenses:              
Loss from operations (1,008,046)   (27,356) (3,572,794)      
Other income (expense):              
Interest income earned on cash and investments held in trust account 35,883   1,444 30,526      
Offering costs allocated to warrants 0   (497,634) (570,496)      
Change in fair value of derivative warrant liabilities 7,654,280   (208,793) 6,811,133      
Initial measurement of backstop derivative liability (30,234,314)            
Total other (expense) income, net (22,544,151)   (704,983) 6,271,163      
Net (loss) income $ (23,552,197)   $ (732,339) $ 2,698,369      
Virgin Group Acquisition Corp. II [Member] | Common Class A              
Other income (expense):              
Weighted average shares outstanding - Basic 40,250,000   3,141,026 32,705,669      
Weighted average shares outstanding - Diluted 40,250,000   3,141,026 32,705,669      
Net income (loss) per ordinary share - Basic $ (0.47)   $ (0.06) $ 0.06      
Net income (loss) per ordinary share - Diluted $ (0.47)   $ (0.06) $ 0.06      
Virgin Group Acquisition Corp. II [Member] | Common Class B              
Other income (expense):              
Weighted average shares outstanding - Basic 10,062,500   8,750,000 10,062,500      
Weighted average shares outstanding - Diluted 10,062,500   8,750,000 10,062,500      
Net income (loss) per ordinary share - Basic $ (0.47)   $ (0.06) $ 0.06      
Net income (loss) per ordinary share - Diluted $ (0.47)   $ (0.06) $ 0.06