Weave Communications (WEAV) 10-Q 12 Aug 22 2022 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 30, 2022	Jul. 31, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
Document Transition Report	false
Entity File Number	001-40998
Entity Registrant Name	Weave Communications, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	26-3302902
Entity Address, Address Line One	1331 West Powell Way
Entity Address, City or Town	Lehi
Entity Address, State or Province	UT
Entity Address, Postal Zip Code	84043
City Area Code	866
Local Phone Number	439-2826
Title of 12(b) Security	Common stock, par value $0.00001 per share
Trading Symbol	WEAV
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		65,025,878
Entity Central Index Key	0001609151
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 124,328	$ 135,996
Accounts receivable	2,981	3,059
Deferred contract acquisition costs, net	9,153	8,931
Prepaid expenses and other current assets	4,198	6,461
Total current assets	140,660	154,447
Non-current assets:
Property and equipment, net	11,427	24,502
Operating lease right-of-use assets	46,660	0
Finance lease right-of-use assets	11,325	0
Deferred contract acquisition costs, net, less current portion	7,612	7,873
Other non-current assets	1,143	663
TOTAL ASSETS	218,827	187,485
Current liabilities:
Accounts payable	4,673	4,061
Accrued liabilities	14,142	12,250
Deferred revenue	32,287	29,511
Current portion of operating lease liabilities	5,050	0
Current portion of finance lease liabilities	7,728
Current portion of finance lease liabilities		8,485
Total current liabilities	63,880	54,307
Non-current liabilities:
Deferred rent	0	4,319
Operating lease liabilities, less current portion	46,780	0
Finance lease liabilities, less current portion	6,179
Finance lease liabilities, less current portion		6,558
Long-term debt	10,000	10,000
Total liabilities	126,839	75,184
COMMITMENTS AND CONTINGENCIES (Note 12)
Stockholders' equity:
Preferred stock, $0.00001 par value per share; 10,000,000 shares authorized, zero shares issued and outstanding as of June 30, 2022 and December 31, 2021	0	0
Common stock, $0.00001 par value per share; 500,000,000 shares authorized as of June 30, 2022 and December 31, 2021; 65,010,719 and 64,324,628 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively	0	0
Additional paid-in capital	302,557	294,230
Accumulated deficit	210,551	181,898
Accumulated other comprehensive (loss) income	(18)	(31)
Total stockholders' equity	91,988	112,301
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 218,827	$ 187,485

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Preferred stock par value (in dollars per share)	$ 0.00001	$ 0.00001
Preferred stock authorized (in shares)	10,000,000	10,000,000
Preferred stock issued (in shares)	0	0
Preferred stock outstanding (in shares)	0	0
Common stock par value (in dollars per share)	$ 0.00001	$ 0.00001
Common stock authorized (in shares)	500,000,000	500,000,000
Common stock issued (in shares)	65,010,719	64,324,628
Common stock outstanding (in shares)	65,010,719	64,324,628

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Income Statement [Abstract]
Revenue	$ 34,930,000	$ 28,061,000	$ 68,202,000	$ 53,729,000
Cost of revenue	13,749,000	12,023,000	27,502,000	22,825,000
Gross profit	21,181,000	16,038,000	40,700,000	30,904,000
Operating expenses:
Sales and marketing	16,747,000	14,718,000	32,967,000	26,454,000
Research and development	7,428,000	7,871,000	14,632,000	13,707,000
General and administrative	11,597,000	7,583,000	21,201,000	13,586,000
Total operating expenses	35,772,000	30,172,000	68,800,000	53,747,000
Loss from operations	(14,591,000)	(14,134,000)	(28,100,000)	(22,843,000)
Other income (expense):
Interest expense	(332,000)	(293,000)	(625,000)	(573,000)
Other income (expense)	127,000	8,000	123,000	14,000
Loss before income taxes	(14,796,000)	(14,419,000)	(28,602,000)	(23,402,000)
Provision for income taxes	(18,600)	0	(51,100)	0
Net loss	(14,815,000)	(14,419,000)	(28,653,000)	(23,402,000)
Less: cumulative dividends on redeemable convertible preferred stock	0	(557,000)	0	(1,106,000)
Net loss attributable to common stock holders - basic	(14,815,000)	(14,976,000)	(28,653,000)	(24,508,000)
Net loss attributable to common stock holders - diluted	$ (14,815,000)	$ (14,976,000)	$ (28,653,000)	$ (24,508,000)
Net loss per share, basic (in dollars per share)	$ (0.23)	$ (1.12)	$ (0.44)	$ (1.93)
Net loss per share, diluted (in dollars per share)	$ (0.23)	$ (1.12)	$ (0.44)	$ (1.93)
Weighted-average common shares outstanding - basic (in shares)	64,963,045	13,373,712	64,774,428	12,708,522
Weighted-average common shares outstanding - diluted (in shares)	64,963,045	13,373,712	64,774,428	12,708,522

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Statement of Comprehensive Income [Abstract]
Net loss	$ (14,815)	$ (14,419)	$ (28,653)	$ (23,402)
Other comprehensive income (loss)
Change in foreign currency translation, net of tax	(41)	(7)	13	(8)
Total comprehensive loss	$ (14,856)	$ (14,426)	$ (28,640)	$ (23,410)

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (28,653)	$ (23,402)
Adjustments to reconcile net loss to net cash used in operating activities
Depreciation and amortization	6,693	5,586
Amortization of operating right-of-use assets	1,822	0
Provision for losses on accounts receivable	299	72
Amortization of contract acquisition and fulfillment costs	5,408	4,388
Stock-based compensation	7,905	7,093
Changes in operating assets and liabilities:
Accounts receivable	(221)	(2,507)
Contract acquisition costs	(5,294)	(6,119)
Prepaid expenses and other assets	1,708	259
Accounts payable	592	408
Accrued liabilities	2,021	1,151
Operating lease liabilities	(971)	0
Deferred revenue	2,789	4,059
Deferred rent	0	1,969
Net cash used in operating activities	(5,902)	(7,043)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of property and equipment	(921)	(3,438)
Capitalized internal-use software costs	(678)	(1,106)
Net cash used in investing activities	(1,599)	(4,544)
CASH FLOWS FROM FINANCING ACTIVITIES
Principal payments on finance leases	(4,460)	(3,740)
Proceeds from stock option exercises	693	2,125
Paid offering costs	(400)	0
Net cash used in financing activities	(4,167)	(1,615)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(11,668)	(13,202)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	135,996	55,698
CASH AND CASH EQUIVALENTS, END OF PERIOD	124,328	42,496
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid during the period for interest	625	573
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES:
Equipment purchases financed with accounts payable	20	231
Finance lease liabilities arising from obtaining finance lease right-of-use assets	3,324	5,152
Accrued unpaid offering costs	$ 271	$ 0

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS’ DEFICIT - USD ($) $ in Thousands	Total	Preferred Stock	Common Stock	Additional Paid-in Capital	Retained Earnings	AOCI Attributable to Parent
Beginning balance (in shares) at Dec. 31, 2020	43,836,109
Beginning balance at Dec. 31, 2020	$ 151,938
Ending Balance (in shares) at Jun. 30, 2021	43,836,109
Ending balance at Jun. 30, 2021	$ 151,938
Beginning balance at Dec. 31, 2020	(113,945)		$ 0	$ 16,261	$ (130,208)	$ 2
Common stock, beginning balance (in shares) at Dec. 31, 2020			11,882,286
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common shares from stock option exercises (in shares)			2,172,731
Issuance of common shares from stock option exercises	2,125			2,125
Stock-based compensation	7,093			7,093
Change in foreign currency translation, net of tax	(8)					(8)
Net loss	(23,402)				(23,402)
Ending balance at Jun. 30, 2021	$ (128,137)		$ 0	25,479	(153,610)	(6)
Common stock, ending balance (in shares) at Jun. 30, 2021			14,055,017
Beginning balance (in shares) at Mar. 31, 2021	43,836,109
Beginning balance at Mar. 31, 2021	$ 151,938
Ending Balance (in shares) at Jun. 30, 2021	43,836,109
Ending balance at Jun. 30, 2021	$ 151,938
Beginning balance at Mar. 31, 2021	(120,857)		$ 0	18,333	(139,191)	1
Common stock, beginning balance (in shares) at Mar. 31, 2021			12,829,591
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common shares from stock option exercises (in shares)			1,225,426
Issuance of common shares from stock option exercises	1,877			1,877
Stock-based compensation	5,269			5,269
Change in foreign currency translation, net of tax	(7)					(7)
Net loss	(14,419)				(14,419)
Ending balance at Jun. 30, 2021	$ (128,137)		$ 0	25,479	(153,610)	(6)
Common stock, ending balance (in shares) at Jun. 30, 2021			14,055,017
Beginning balance (in shares) at Dec. 31, 2021	0
Beginning balance at Dec. 31, 2021	$ 0
Preferred stock, beginning balance (in shares) at Dec. 31, 2021	0
Beginning balance at Dec. 31, 2021	$ 112,301		$ 0	294,230	(181,898)	(31)
Common stock, beginning balance (in shares) at Dec. 31, 2021	64,324,628		64,324,628
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common shares from stock option exercises (in shares)	564,083
Preferred stock, ending balance (in shares) at Mar. 31, 2022		0
Ending balance at Mar. 31, 2022	$ 102,501	$ 0	$ 0	298,214	(195,736)	23
Common stock, ending balance (in shares) at Mar. 31, 2022			64,889,304
Beginning balance (in shares) at Dec. 31, 2021	0
Beginning balance at Dec. 31, 2021	$ 0
Ending Balance (in shares) at Jun. 30, 2022	0
Ending balance at Jun. 30, 2022	$ 0
Preferred stock, beginning balance (in shares) at Dec. 31, 2021	0
Beginning balance at Dec. 31, 2021	$ 112,301		$ 0	294,230	(181,898)	(31)
Common stock, beginning balance (in shares) at Dec. 31, 2021	64,324,628		64,324,628
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common shares from stock option exercises (in shares)			685,324
Issuance of common shares from stock option exercises	$ 693			693
Offering costs	(271)			(271)
Vesting of restricted stock units (in shares)			767
Stock-based compensation	7,905			7,905
Change in foreign currency translation, net of tax	13					13
Net loss	$ (28,653)				(28,653)
Preferred stock, ending balance (in shares) at Jun. 30, 2022	0	0
Ending balance at Jun. 30, 2022	$ 91,988	$ 0	$ 0	302,557	(210,551)	(18)
Common stock, ending balance (in shares) at Jun. 30, 2022	65,010,719		65,010,719
Ending Balance (in shares) at Jun. 30, 2022	0
Ending balance at Jun. 30, 2022	$ 0
Preferred stock, beginning balance (in shares) at Mar. 31, 2022		0
Beginning balance at Mar. 31, 2022	$ 102,501	$ 0	$ 0	298,214	(195,736)	23
Common stock, beginning balance (in shares) at Mar. 31, 2022			64,889,304
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common shares from stock option exercises (in shares)	121,241		121,241
Issuance of common shares from stock option exercises	$ 134			134
Offering costs	(271)			(271)
Vesting of restricted stock units (in shares)			174
Stock-based compensation	4,480			4,480
Change in foreign currency translation, net of tax	(41)					(41)
Net loss	$ (14,815)				(14,815)
Preferred stock, ending balance (in shares) at Jun. 30, 2022	0	0
Ending balance at Jun. 30, 2022	$ 91,988	$ 0	$ 0	$ 302,557	$ (210,551)	$ (18)
Common stock, ending balance (in shares) at Jun. 30, 2022	65,010,719		65,010,719

Description of the Business

Description of the Business	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of the Business	Description of the BusinessWeave Communications, Inc. (the “Company”) sells subscriptions for its integrated communications platform, which combines software communication and analysis tools with voice over internet protocol (“VoIP”) phone services. The Company was incorporated in the state of Delaware in October 2015 and its corporate headquarters are located in Lehi, UT.

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Basis of Presentation and Summary of Significant Accounting Policies	Basis of Presentation and Summary of Significant Accounting Policies Basis of Presentation and Principles of Consolidation The consolidated financial statements include the accounts of Weave Communications, Inc. and its wholly owned subsidiaries Weave Communications Canada, Inc. and Weave Communications India Private Limited (collectively, “Weave” or the “Company”). Intercompany accounts and transactions have been eliminated in consolidation. The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) regarding interim financial reporting. The year-end condensed balance sheet data was derived from audited financial statements, but does not include all disclosures required by accounting principles generally accepted in the United States of America. Accordingly, these unaudited interim condensed consolidated financial statements should be read in conjunction with the Company's audited consolidated financial statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021. The accompanying interim condensed consolidated balance sheets, statements of operations, comprehensive loss, statements of redeemable convertible preferred stock and stockholders' equity (deficit), statements of cash flows and accompanying notes are unaudited. These unaudited interim condensed consolidated financial statements have been prepared on a basis consistent with the annual consolidated financial statements and, in the opinion of management, reflect all adjustments, which include only normal recurring adjustments, necessary for the fair statement of the Company’s financial condition, its operations and cash flows for the periods presented. The historical results are not necessarily indicative of future results, and the results of operations are not necessarily indicative of the results to be expected for the full year or any other period. Segments The Company operates as one operating and reportable segment. The Company’s chief operating decision maker (“CODM”) evaluates reporting operations and financial information on a consolidated basis for the purposes of making operating decisions, assessing financial performance and allocating resources. Use of Estimates The preparation of the condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amount of sales and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates included in the Company’s financial statements include the valuation allowance against deferred tax assets, recoverability of long-lived assets, fair value of stock-based compensation, amortization period of deferred contract acquisition costs, the incremental borrowing rate used in determining the value of right-of-use assets and lease liabilities, and useful lives for depreciable assets. Cash and Cash Equivalents Cash consists of deposits in financial institutions. Cash equivalents consist of highly liquid investments in money market securities with an original maturity of 90 days or less. The fair value of cash equivalents approximated their carrying value as of June 30, 2022 and December 31, 2021. As of June 30, 2022 and December 31, 2021 the Company did not have any restricted cash. Liquidity and Capital Resources The Company has incurred losses and generated negative cash flows from operations since inception. As of June 30, 2022 the Company had an accumulated deficit of $210.6 million. The Company has partially funded its operations through cash flows generated by sales of its product offerings, and as of June 30, 2022 the Company has completed several rounds of equity financing as a private company with total net proceeds approximating $159.0 million. In November 2021, the Company completed its initial public offering, which generated additional net proceeds of $111.6 million. As of June 30, 2022 the Company had outstanding borrowings under its revolving line of credit of $10.0 million and $40.0 million in available borrowings. The Company believes its existing cash and cash equivalents, amounts available under our revolving line of credit, and cash flows provided by sales of product offerings will be sufficient to meet operating cash flow requirements for at least twelve months from the date of issuance of the June 30, 2022 condensed consolidated financial statements. As a result of the Company’s growth plans, the Company expects that losses and negative cash flows from operations may continue in the foreseeable future. Advertising Expense Advertising costs are expensed as incurred. For the three months ended June 30, 2022 and 2021, the Company recorded advertising expense of $1.5 million and $1.8 million, respectively, and $2.9 million and $3.1 million for the six months ended June 30, 2022 and 2021, respectively. Advertising costs are included in sales and marketing expenses in the condensed consolidated statements of operations. Revenue Recognition The Company derives substantially all revenue from subscription services by providing customers access to its platform. The Company adopted the provisions of Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers , (referred to collectively as "ASC 606") effective January 1, 2019 using the modified retrospective method. Following the adoption of ASC 606, the Company recognizes revenue when control of these services are transferred to customers in an amount that reflects consideration to which the Company expects to be entitled in exchange for those services, net of tax. Revenue recognition is determined from the following steps: • Identification of a contract with a customer; • Identification of the performance obligations in the contract; • Determination of the transaction price; • Allocation of the transaction price to the performance obligations within the contract; • Recognition of revenue when, or as, performance obligations are satisfied. The Company recognizes revenue as follows: Subscriptions revenue (software and phone service) is generated from fees that provide customers access to one or more of the Company’s software applications and related services. These arrangements generally have contractual terms of month to month. Arrangements with customers do not provide the customer with the right to take possession of the Company’s software at any time. Instead, customers are granted continuous access to the services over the contractual period. The Company transfers control of services evenly over the contractual period. Accordingly, the consideration related to subscriptions is recognized over time on a straight-line basis over the contract term beginning on the date the Company’s service is made available to the customer. The Company also provides payment processing/collection services and receives a revenue share from a third-party payment facilitator on transactions between Weave customers that utilize the Weave payments platform and their end consumers. These payment transactions are generally for services rendered at customers’ business location via credit card terminals or through “text-to-pay” functionality. As the Company acts as an agent in these arrangements, revenue from payments services is recorded net of transaction processing fees and revenue is recognized as the performance obligation is performed each time transactions are processed. Previously, as part of the onboarding process, the customer could request the Company install pre-configured applications on hardware which allow remote access to Weave's cloud solution. In addition, the customer could request the Company install phone hardware at the customer’s location. Whereas the Company continues to provide remote installation services, the in-office installation program was phased out during the second half of 2021. Whether performed remotely or in office, the Company considers onboarding/installation a separate performance obligation, and recognizes revenue at the time the installation services are complete. With the exception of payments services and installation revenue, customers are billed in advance and they may elect to be billed on a monthly or annual basis. The Company records contract liabilities to deferred revenue when cash payments are received, or billings are due in advance of revenue recognition from services. Deferred revenue is recognized as revenue when, or as, the performance obligations are satisfied. Software and phone service revenue is recognized net of discounts in the statements of operations. The Company does not consider discounts variable consideration as they are stated on each agreement and not subject to contingencies or variability. The Company collects sales and communications taxes from its customers. In the statement of operations, amounts collected from taxes are excluded from the reported revenue amounts. The Company elected to apply the practical expedient to not disclose the transaction price allocated to remaining performance obligations for contracts with a contract term of one year or less. As of June 30, 2022 and December 31, 2021, approximately $1.8 million and $2.2 million, respectively, in revenue is expected to be recognized from remaining performance obligations for contracts with original performance obligations that exceed one year. As the right to invoice for these remaining performance obligations does not begin until July 2022, this amount is not recorded in deferred revenue as of June 30, 2022. The Company expects to recognize revenue on these remaining performance obligations over the next 13 months. In addition to providing VoIP phone and software services, the Company provides phone hardware to its customers as part of the subscription. The Company allows customers to include up to 5 phones without adjustment to the subscription base price. In such arrangements, the Company is deemed the lessor and the arrangement is an operating lease per guidance provided in ASC 842. Title of the phones does not transfer to the customer at any point. If a customer were to cancel at any time, the phones are returned to the Company. For customers subscribed prior to August 2021, the Company allowed customers to include up to 10 phones without adjustment to the subscription base price and title of the phones transfers to the customer after 36 months of subscription have occurred. If a customer were to cancel at any time prior to completion of the 36 months period, the phones are returned to the Company. As a lessor, future minimum lease payments may vary due to customer agreements being month to month and the fact that subscription payments are allocated based on the fair value of all services provided to the customer. With phones being deployed to customers for their useful life, residual value does not accrue to the benefit of the Company. Phones that are returned are refurbished and placed into service. Deferred Contract Costs In accordance with ASC-340, the Company capitalizes incremental costs of obtaining and fulfilling a contract, provided the Company expects to recover those costs. The capitalized amounts mainly consist of sales commissions paid to the Company’s direct sales force. Capitalized costs also include: • Commissions to sales management for achieving incremental sales quota. • The associated payroll taxes and fringe benefit costs associated with the payments to the Company’s employees. • One time commissions paid to partners. • One time registration fees assessed by mobile carriers. These costs are recorded as deferred contract acquisition and fulfillment costs on the consolidated balance sheet. Amortization of deferred contract acquisition costs related to commissions, and the associated taxes and fringe benefit costs, are included in sales and marketing expense. Deferred contract acquisition costs related to one time commissions paid to partners are included in cost of revenue. Deferred contract fulfillment costs related to one time registration fees paid to mobile carriers are included in cost of revenue. These expenses are amortized on a straight-line basis over the average period of consumer benefit, three years. In arriving at this average period of benefit, the Company evaluated both qualitative and quantitative factors which included the anticipated customer life, historical customer life, and the useful life of the Company’s product offerings. Monthly commensurate revenue share fees paid to partners are expensed as incurred as their estimated period of benefit does not extend beyond 12 months and therefore fall under the practical expedient which allows these costs to be expensed as incurred. Accounting Pronouncements Adopted In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) , requires lessees to apply a dual approach, classifying leases as either finance or operating leases based on the principle of whether or not the lease is effectively a financed purchase by the lessee. For all leases with a term greater than twelve months, the new standard also requires lessees to recognize a right-of-use (“ROU”) asset and a corresponding lease liability on their consolidated balance sheets. Upon adoption, lessees must apply a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements or they may record the amount in the year in which the ASU is adopted. The accounting applied by a lessor is largely unchanged from that applied under previous Topic 840. For example, the vast majority of operating leases should remain classified as operating leases, and lessors should continue to recognize lease income for those leases on a generally straight-line basis over the lease term. On January 1, 2022, the Company adopted Topic 842 using the modified retrospective approach with the effective date as of the date of initial application. Consequently, results for the three and six months ended June 30, 2022 are presented under Topic 842. Prior period amounts were not adjusted and continue to be reported in accordance with previous lease guidance under ASC Topic 840, Leases . The Company elected the package of practical expedients permitted under the transition guidance, which allows an entity to carryforward certain conclusions for leases that commenced prior to the effective date, including the determination of whether an existing contract contains a lease, the classification of the lease, and the accounting for initial direct costs. In addition, the Company elected the practical expedient that allows lessees the option to account for lease and non lease components together as a single component for all classes of underlying assets. The Company performed evaluations of its contracts to ensure compliance with the new guidance of Topic 842. Upon adoption, the Company recognized cumulative operating lease liabilities of $52.8 million offset by a write off in deferred rent of $4.3 million and operating right-of-use assets of $48.5 million. Capital lease obligations of $15.0 million existing as of December 31, 2021 were renamed finance lease liabilities, and the related $12.4 million in assets that were reported within property and equipment, net, as of December 31, 2021 were reclassified as finance right-of-use assets as of the adoption date. Accounting Pronouncements Pending Adoption As an “emerging growth company,” the Jumpstart Our Business Startups Act (the “JOBS Act”), allows the Company to delay adoption of new or revised accounting pronouncements applicable to public companies until such pronouncements are made applicable to private companies. The Company has elected to use the adoption dates applicable to private companies. As a result, the Company’s financial statements may not be comparable to the financial statements of issuers who are required to comply with the effective date for new or revised accounting standards that are applicable to public companies. In June 2016, the FASB issued ASU 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments

Revenue

Revenue	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue	Revenue The Company accounts for revenue in accordance with Accounting Standards Codification (ASC) Topic 606, Revenue from Contracts With Customers for all periods presented. See Note 2 for a description of the Company’s revenue recognition accounting policy. Contract Balances The Company recognized revenue that was included in the corresponding deferred revenue balance at the beginning of the period of $15.8 million and $12.0 million for the three months ended June 30, 2022 and 2021, respectively, and $23.9 million and $19.7 million for the six months ended June 30, 2022 and 2021, respectively. Capitalized Contract Costs As discussed in Note 2, the Company capitalizes incremental costs of obtaining and fulfilling a contract. Amortization expense related to these costs were $2.8 million and $2.3 million for the three months ended June 30, 2022 and 2021, respectively, a nd $5.4 million and $4.4 million for the six months ended June 30, 2022 and 2021, respectively. Disaggregation of Revenues Revenue has been disaggregated into recurring and non-recurring categories to identify revenue and costs of revenue that are one time in nature from those that are term-based and renewable. The table below outlines revenue for our recurring subscription (software and phone services) and payment processing services, as well as for our onboarding services, and phone hardware (in thousands) for the three and six months ended June 30, 2022 and 2021: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Subscription and payment processing $ 33,538 $ 26,233 $ 65,488 $ 50,132 Onboarding 319 1,034 581 2,072 Phone hardware lease 1,073 794 2,133 1,525 Total revenue $ 34,930 $ 28,061 $ 68,202 $ 53,729

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Financial instruments recorded at fair value in the financial statements are categorized as follows: • Level 1: Observable inputs that reflect quoted prices for identical assets or liabilities in active markets. • Level 2: Observable inputs, other than Level 1 prices, such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. • Level 3: Unobservable inputs reflecting management's assumptions incorporated in valuation techniques used to determine fair value. These assumptions are required to be consistent with market participant assumptions that are reasonably available. The following table summarizes the assets measured at fair value on a recurring basis by level within the fair value hierarchy for the periods presented (in thousands): June 30, 2022 December 31, 2021 Level 1 Money market fund $ 101,099 $ 118,962 Level 2 — — Level 3 — — Total $ 101,099 $ 118,962

Property and Equipment

Property and Equipment	6 Months Ended
	Jun. 30, 2022
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and EquipmentProperty and equipment consisted of the following for the periods presented (in thousands): June 30, 2022 December 31, 2021 Office equipment $ 4,946 $ 4,729 Office furniture 5,810 5,588 Leasehold improvements 2,615 2,496 Fixed assets not placed in service — 118 Capitalized internal-use software 4,274 3,533 Phone hardware — 26,034 Payment terminals 1,985 1,581 Property and equipment, gross 19,630 44,079 Less accumulated depreciation and amortization (8,203) (19,577) Property and equipment, net $ 11,427 $ 24,502 Depreciation and amortization expense on property and equipment (excluding amortization on operating ROU assets) was $3.4 million and $3.0 million for the three months ended June 30, 2022 and 2021, respectively, and $6.8 million and $5.6 million for the six months ended June 30, 2022 and 2021, respectively. Of this expense, $2.4 million and $2.3 million for the three months ended June 30, 2022 and 2021, respectively, and $4.8 million and $4.3 million for the six months ended June 30, 2022 and 2021, respectively, was related to phone hardware finance ROU assets (see also footnote 7) and data center equipment which has been included in cost of revenue in the statements of operations. Note that these finance ROU assets were reported as “phone hardware” prior to January 1, 2022. Capitalized internal-use software amortization expense was $0.3 million and $0.2 million for the three months ended June 30, 2022 and 2021, respectively, and $0.6 million and $0.3 million for the six months ended June 30, 2022 and 2021, respectively, which has been included in the cost of revenue in the statements of operations. Capitalized implementation amortization expense was zero for the three months ended June 30, 2022 and 2021, and $0.1 million and zero for the six months ended June 30, 2022 and 2021, respectively, which has been included in operating expense in the statements of operations.

Accrued Liabilities

Accrued Liabilities	6 Months Ended
	Jun. 30, 2022
Payables and Accruals [Abstract]
Accrued Liabilities	Accrued Liabilities Accrued liabilities consisted of the following for the periods presented (in thousands): June 30, 2022 December 31, 2021 Payroll-related accruals $ 9,314 $ 8,434 Sales and telecom taxes 1,801 1,508 Employee stock purchase plan liability 1,121 256 Third-party commissions 442 440 Other 1,464 1,612 Total $ 14,142 $ 12,250

Leases

Leases	6 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Leases	Leases The Company has lease arrangements, both as a lessor and a lessee, and makes assumptions and judgments when assessing contracts for lease components, determining lease classifications and calculating right-of-use asset and lease liability values. These assumptions and judgements may include the useful lives and fair values of the leased assets, the implicit rate underlying the Company’s leases, the Company’s incremental borrowing rate or the Company’s intent to exercise or not exercise options available in lease contracts. Lease expense and other information consisted of the following for the three and six months ended June 30, 2022 (in thousands, except terms and rates): Three Months Six Months Lease expense Finance lease expense: Amortization of right-of-use assets $ 2,186 $ 4,419 Interest on lease liabilities 227 431 Operating lease expense 1,417 2,834 Short-term lease expense 9 18 Total lease expense $ 3,839 $ 7,702 Other information Finance leases: Operating cash outflow from finance leases $ 227 $ 431 Financing cash outflow from finance leases $ 2,284 $ 4,460 Finance lease liabilities arising from obtaining finance lease right-of-use assets $ 1,297 $ 3,324 Operating leases: Operating cash outflow from operating leases $ 1,142 $ 1,983 Other information as of June 30, 2022 Finance leases: Weighted-average remaining lease term (years) 1.7 Weighted-average discount rate lease term 6.9 % Operating leases: Weighted-average remaining lease term (years) 10.6 Weighted-average discount rate lease term 3.9 % Operating leases The Company as the Lessee The Company leases office space for its headquarters and advertising space under non-cancelable operating lease agreements. These leases have expirations ranging from November 2022 to January 2033. The Company has not recognized any renewal options as part of the lease term as it they are not reasonably certain of exercise as of June 30, 2022. The rates implicit in the Company’s operating leases are not readily determinable thus the Company uses its incremental borrowing rate to calculate the present value of the lease liabilities. The incremental borrowing rate is the rate incurred to borrow on a collateralized basis, and is based on the Company’s secured line of credit, which may be adjusted for the specific terms and collateral of the lease. The operating lease agreements do not contain any residual value guarantees or other restrictions or covenants that would cause the Company to incur additional significant financial obligations. These office space lease agreements contain non-lease components, which represent charges for common area maintenance, taxes and utilities. The Company has elected the practical expedient on not separating lease components from nonlease components. The Company has other leases for office space with terms less than twelve months from contract inception and no options to purchase the underlying asset. These agreements are accounted for as short-term leases in accordance with ASC 842-20-25-2. Total rent expense for office space leases was $1.4 million and $1.4 million for the three months ended June 30, 2022 and 2021, respectively, and $2.8 million and $2.5 million for the six months ended June 30, 2022 and 2021, respectively. Note that rent expense amounts for periods prior to 2022 are reported under ASC 840. Future maturities of remaining lease payments included in the measurement of operating lease as of June 30, 2022 are as follows (in thousands): Years ending December 31, Remaining 2022 $ 2,559 2023 5,404 2024 5,539 2025 5,677 2026 5,819 Thereafter 38,666 Total 63,664 Less imputed interest (11,834) Present value of operating lease obligations $ 51,830 As previously disclosed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021, the following table summarizes the future minimum lease payments related to operating leases as of December 31, 2021 under ASC 840 (in thousands): Years ending December 31, 2022 $ 4,407 2023 5,404 2024 5,539 2025 5,677 2026 5,819 Thereafter 38,666 Total $ 65,512 The Company as the Lessor As discussed in the Revenue Recognition accounting policy, the Company provides varying quantities of phone hardware to customers without adjustments to the base subscription price. The Company is deemed a lessor in these arrangements. For the three months ended June 30, 2022 and June 30, 2021, the Company recorded lease revenues associated with phone hardware of $1.1 million and $0.8 million, respectively, and $2.1 million and $1.5 million for the six months ended June 30, 2022 and 2021, respectively. Finance leases The Company is the lessee in all of its finance lease arrangements. In June 2016, the Company began financing its purchases of phone hardware through lease agreements classified as finance leases. As of June 30, 2022 the Company had 95 executed and active lease agreements, respectively, for phone hardware. These agreements require monthly payments ranging from approximately $130 to $21,975 and have maturity dates ranging from July 2022 to May 2025. As of June 30, 2022, the gross value of phone hardware acquired under these capital leases approximated $26 million. Amortization expense on finance-leased phone hardware was $2.2 million and $2.2 million for the three months ended June 30, 2022 and 2021, respectively, and $4.4 million and $4.1 million for the six months ended June 30, 2022 and 2021, respectively, which is included in the depreciation expense referenced in Note 5. Future minimum lease payments for the Company’s finance leases as of June 30, 2022 were as follows (in thousands): Years ending December 31, Remaining 2022 $ 5,020 2023 6,007 2024 3,295 2025 609 2026 — Thereafter — Total 14,931 Less amounts representing interest (1,024) Present value of finance lease obligations $ 13,907
Leases	Leases The Company has lease arrangements, both as a lessor and a lessee, and makes assumptions and judgments when assessing contracts for lease components, determining lease classifications and calculating right-of-use asset and lease liability values. These assumptions and judgements may include the useful lives and fair values of the leased assets, the implicit rate underlying the Company’s leases, the Company’s incremental borrowing rate or the Company’s intent to exercise or not exercise options available in lease contracts. Lease expense and other information consisted of the following for the three and six months ended June 30, 2022 (in thousands, except terms and rates): Three Months Six Months Lease expense Finance lease expense: Amortization of right-of-use assets $ 2,186 $ 4,419 Interest on lease liabilities 227 431 Operating lease expense 1,417 2,834 Short-term lease expense 9 18 Total lease expense $ 3,839 $ 7,702 Other information Finance leases: Operating cash outflow from finance leases $ 227 $ 431 Financing cash outflow from finance leases $ 2,284 $ 4,460 Finance lease liabilities arising from obtaining finance lease right-of-use assets $ 1,297 $ 3,324 Operating leases: Operating cash outflow from operating leases $ 1,142 $ 1,983 Other information as of June 30, 2022 Finance leases: Weighted-average remaining lease term (years) 1.7 Weighted-average discount rate lease term 6.9 % Operating leases: Weighted-average remaining lease term (years) 10.6 Weighted-average discount rate lease term 3.9 % Operating leases The Company as the Lessee The Company leases office space for its headquarters and advertising space under non-cancelable operating lease agreements. These leases have expirations ranging from November 2022 to January 2033. The Company has not recognized any renewal options as part of the lease term as it they are not reasonably certain of exercise as of June 30, 2022. The rates implicit in the Company’s operating leases are not readily determinable thus the Company uses its incremental borrowing rate to calculate the present value of the lease liabilities. The incremental borrowing rate is the rate incurred to borrow on a collateralized basis, and is based on the Company’s secured line of credit, which may be adjusted for the specific terms and collateral of the lease. The operating lease agreements do not contain any residual value guarantees or other restrictions or covenants that would cause the Company to incur additional significant financial obligations. These office space lease agreements contain non-lease components, which represent charges for common area maintenance, taxes and utilities. The Company has elected the practical expedient on not separating lease components from nonlease components. The Company has other leases for office space with terms less than twelve months from contract inception and no options to purchase the underlying asset. These agreements are accounted for as short-term leases in accordance with ASC 842-20-25-2. Total rent expense for office space leases was $1.4 million and $1.4 million for the three months ended June 30, 2022 and 2021, respectively, and $2.8 million and $2.5 million for the six months ended June 30, 2022 and 2021, respectively. Note that rent expense amounts for periods prior to 2022 are reported under ASC 840. Future maturities of remaining lease payments included in the measurement of operating lease as of June 30, 2022 are as follows (in thousands): Years ending December 31, Remaining 2022 $ 2,559 2023 5,404 2024 5,539 2025 5,677 2026 5,819 Thereafter 38,666 Total 63,664 Less imputed interest (11,834) Present value of operating lease obligations $ 51,830 As previously disclosed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021, the following table summarizes the future minimum lease payments related to operating leases as of December 31, 2021 under ASC 840 (in thousands): Years ending December 31, 2022 $ 4,407 2023 5,404 2024 5,539 2025 5,677 2026 5,819 Thereafter 38,666 Total $ 65,512 The Company as the Lessor As discussed in the Revenue Recognition accounting policy, the Company provides varying quantities of phone hardware to customers without adjustments to the base subscription price. The Company is deemed a lessor in these arrangements. For the three months ended June 30, 2022 and June 30, 2021, the Company recorded lease revenues associated with phone hardware of $1.1 million and $0.8 million, respectively, and $2.1 million and $1.5 million for the six months ended June 30, 2022 and 2021, respectively. Finance leases The Company is the lessee in all of its finance lease arrangements. In June 2016, the Company began financing its purchases of phone hardware through lease agreements classified as finance leases. As of June 30, 2022 the Company had 95 executed and active lease agreements, respectively, for phone hardware. These agreements require monthly payments ranging from approximately $130 to $21,975 and have maturity dates ranging from July 2022 to May 2025. As of June 30, 2022, the gross value of phone hardware acquired under these capital leases approximated $26 million. Amortization expense on finance-leased phone hardware was $2.2 million and $2.2 million for the three months ended June 30, 2022 and 2021, respectively, and $4.4 million and $4.1 million for the six months ended June 30, 2022 and 2021, respectively, which is included in the depreciation expense referenced in Note 5. Future minimum lease payments for the Company’s finance leases as of June 30, 2022 were as follows (in thousands): Years ending December 31, Remaining 2022 $ 5,020 2023 6,007 2024 3,295 2025 609 2026 — Thereafter — Total 14,931 Less amounts representing interest (1,024) Present value of finance lease obligations $ 13,907
Leases	Leases The Company has lease arrangements, both as a lessor and a lessee, and makes assumptions and judgments when assessing contracts for lease components, determining lease classifications and calculating right-of-use asset and lease liability values. These assumptions and judgements may include the useful lives and fair values of the leased assets, the implicit rate underlying the Company’s leases, the Company’s incremental borrowing rate or the Company’s intent to exercise or not exercise options available in lease contracts. Lease expense and other information consisted of the following for the three and six months ended June 30, 2022 (in thousands, except terms and rates): Three Months Six Months Lease expense Finance lease expense: Amortization of right-of-use assets $ 2,186 $ 4,419 Interest on lease liabilities 227 431 Operating lease expense 1,417 2,834 Short-term lease expense 9 18 Total lease expense $ 3,839 $ 7,702 Other information Finance leases: Operating cash outflow from finance leases $ 227 $ 431 Financing cash outflow from finance leases $ 2,284 $ 4,460 Finance lease liabilities arising from obtaining finance lease right-of-use assets $ 1,297 $ 3,324 Operating leases: Operating cash outflow from operating leases $ 1,142 $ 1,983 Other information as of June 30, 2022 Finance leases: Weighted-average remaining lease term (years) 1.7 Weighted-average discount rate lease term 6.9 % Operating leases: Weighted-average remaining lease term (years) 10.6 Weighted-average discount rate lease term 3.9 % Operating leases The Company as the Lessee The Company leases office space for its headquarters and advertising space under non-cancelable operating lease agreements. These leases have expirations ranging from November 2022 to January 2033. The Company has not recognized any renewal options as part of the lease term as it they are not reasonably certain of exercise as of June 30, 2022. The rates implicit in the Company’s operating leases are not readily determinable thus the Company uses its incremental borrowing rate to calculate the present value of the lease liabilities. The incremental borrowing rate is the rate incurred to borrow on a collateralized basis, and is based on the Company’s secured line of credit, which may be adjusted for the specific terms and collateral of the lease. The operating lease agreements do not contain any residual value guarantees or other restrictions or covenants that would cause the Company to incur additional significant financial obligations. These office space lease agreements contain non-lease components, which represent charges for common area maintenance, taxes and utilities. The Company has elected the practical expedient on not separating lease components from nonlease components. The Company has other leases for office space with terms less than twelve months from contract inception and no options to purchase the underlying asset. These agreements are accounted for as short-term leases in accordance with ASC 842-20-25-2. Total rent expense for office space leases was $1.4 million and $1.4 million for the three months ended June 30, 2022 and 2021, respectively, and $2.8 million and $2.5 million for the six months ended June 30, 2022 and 2021, respectively. Note that rent expense amounts for periods prior to 2022 are reported under ASC 840. Future maturities of remaining lease payments included in the measurement of operating lease as of June 30, 2022 are as follows (in thousands): Years ending December 31, Remaining 2022 $ 2,559 2023 5,404 2024 5,539 2025 5,677 2026 5,819 Thereafter 38,666 Total 63,664 Less imputed interest (11,834) Present value of operating lease obligations $ 51,830 As previously disclosed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021, the following table summarizes the future minimum lease payments related to operating leases as of December 31, 2021 under ASC 840 (in thousands): Years ending December 31, 2022 $ 4,407 2023 5,404 2024 5,539 2025 5,677 2026 5,819 Thereafter 38,666 Total $ 65,512 The Company as the Lessor As discussed in the Revenue Recognition accounting policy, the Company provides varying quantities of phone hardware to customers without adjustments to the base subscription price. The Company is deemed a lessor in these arrangements. For the three months ended June 30, 2022 and June 30, 2021, the Company recorded lease revenues associated with phone hardware of $1.1 million and $0.8 million, respectively, and $2.1 million and $1.5 million for the six months ended June 30, 2022 and 2021, respectively. Finance leases The Company is the lessee in all of its finance lease arrangements. In June 2016, the Company began financing its purchases of phone hardware through lease agreements classified as finance leases. As of June 30, 2022 the Company had 95 executed and active lease agreements, respectively, for phone hardware. These agreements require monthly payments ranging from approximately $130 to $21,975 and have maturity dates ranging from July 2022 to May 2025. As of June 30, 2022, the gross value of phone hardware acquired under these capital leases approximated $26 million. Amortization expense on finance-leased phone hardware was $2.2 million and $2.2 million for the three months ended June 30, 2022 and 2021, respectively, and $4.4 million and $4.1 million for the six months ended June 30, 2022 and 2021, respectively, which is included in the depreciation expense referenced in Note 5. Future minimum lease payments for the Company’s finance leases as of June 30, 2022 were as follows (in thousands): Years ending December 31, Remaining 2022 $ 5,020 2023 6,007 2024 3,295 2025 609 2026 — Thereafter — Total 14,931 Less amounts representing interest (1,024) Present value of finance lease obligations $ 13,907

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company computes its year-to-date provision for income taxes by applying the estimated annual effective tax rate to year-to-date pretax income or loss and adjusts the provision for discrete tax items recorded in the period. The Company reported income tax expense of $18.6 thousand and zero for the three months ended June 30, 2022 and 2021, respectively, and $51.1 thousand and zero for the six months ended June 30, 2022 and 2021, respectively, which resulted in an effective tax rate of (0.1255)%, zero percent, (0.1785)%, and zero percent, respectively. The provision for income taxes varied from the tax computed at the U.S. federal statutory income tax rate of 21% for the periods presented primarily due to changes in the Company’s valuation allowance, state and foreign taxes, and the tax effects of stock-based compensation. The Company is subject to income tax in the U.S. as well as other tax jurisdictions in which the Company operates. The Company’s U.S. operations have resulted in losses, and as such, the Company maintains a valuation allowance against all U.S. deferred tax assets. While the Company believes its current valuation allowance is appropriate, the Company assesses the need for an adjustment to the valuation allowance on a quarterly basis. The assessment is based on all available positive and negative evidence including past results of operations, forecasted earnings, tax planning strategies, and all sources of future taxable income. In the event the Company determines that it will be able to realize all or part of its net deferred tax assets in the future, all or part of the valuation allowance will be released in the period in which the Company makes such determination. The release of all or part of the valuation allowance against deferred tax assets may cause greater volatility in the effective tax rate in the periods in which it is released.

Long-Term Debt

Long-Term Debt	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Long-Term Debt	Long-Term Debt Prior to August of 2021, the Company held a $4.0 million note payable and a revolving line of credit with Silicon Valley Bank. The note required interest only payments through September 2021, followed by 36 principal payments of $0.1 million plus interest (maturity in February 2024). The revolving line of credit had a maximum borrowing capacity of $10.0 million. In August of 2021, the Company amended the agreement with Silicon Valley Bank to increase the revolving line of credit from $10.0 million to $50.0 million. The total borrowing capacity is subject to reduction should the Company fail to meet certain expectations for recurring revenue and customer retention. Amounts outstanding on the line will accrue interest at the greater of prime rate plus 0.25% and 3.5%. As part of the agreement, the $4.0 million note payable was converted to a deemed advance on the line of credit and was deemed a debt modification. In connection with this transaction, the Company drew down an additional $6.0 million from the line of credit resulting in a total outstanding balance of $10.0 million. The Company is required to pay an annual fee of $0.1 million beginning on the effective date of the agreement, and continuing on the anniversary of the effective date as well as a quarterly unused line fee of 0.15% per annum of the available borrowing amount should the outstanding principal balance drop below $10.0 million (calculated based on the number of days and based on the average available borrowing amount). The line of credit is collateralized by substantially all of our assets. Under the terms of this amendment, the loan and security agreement requires that, at any time, if total unrestricted cash and cash equivalents held at Silicon Valley Bank is less than $100.0 million, the Company must at all times thereafter maintain a consolidated minimum $20.0 million in liquidity, meaning unencumbered cash plus available borrowing on the line of credit, and that the Company meet specified minimum levels of EBITDA, as adjusted for stock-based compensation and changes in our deferred revenue. The Company was in compliance with all debt covenants as of and for the periods ended June 30, 2022 and December 31, 2021. The balance on the line of credit is due on August 4, 2023. The Company’s long-term debt consisted of the following (in thousands): June 30, 2022 December 31, 2021 Line of credit 10,000 10,000 Total $ 10,000 $ 10,000

Stockholders_ Deficit

Stockholders’ Deficit	6 Months Ended
	Jun. 30, 2022
Equity [Abstract]
Stockholders’ Equity	Stockholders’ Equity Stock-Based Compensation Expense Stock-based compensation expense, consisting of service-based expense related to the equity incentive plan, including expense from stock options and restricted stock units, and the employee stock purchase plan was classified as follows in the accompanying condensed consolidated statements of operations for each of the periods presented (in thousands): Three Months Ended June 30 Six Months Ended June 30, 2022 2021 2022 2021 Cost of revenue $ 176 $ 210 $ 324 $ 279 Sales and marketing 790 679 1,452 811 Research and development 1,078 2,020 1,630 2,416 General and administrative 2,436 2,360 4,499 3,587 Total $ 4,480 $ 5,269 $ 7,905 $ 7,093 For the three and six months ended June 30, 2022, there were no secondary stock transactions that resulted in stock-based compensation expense. For the three and six months ended June 30, 2021 there was $3.4 million and $3.4 million, respectively, of stock-based compensation expense related to stock secondary transactions. Equity Incentive Plan During 2016, the Company adopted the 2015 Equity Incentive Plan (the “2015 EIP”) under which common stock options could be issued for employee awards and the Company began issuing stock options under this plan in 2016. In November 2021 in connection with the initial public offering (“IPO”), the Company adopted the 2021 Equity Incentive Plan (the “2021 EIP” and, together with the 2015 EIP, the “EIP”) under which the Company could issue stock options or restricted stock units (“RSUs”) as awards. Upon adoption of the 2021 EIP, the 2015 EIP plan was terminated. All options issued and outstanding or available for issuance under the 2015 EIP were absorbed into the 2021 EIP. Along with the absorbed 2015 EIP options, the Company reserved an additional 9,000,000 shares of common stock for future issuance under the 2021 EIP, with scheduled annual increases to the reserve for amounts to be determined by the Board, subject to a maximum amoun t. In the first quarter of 2022, the board reserved an additional 3.2 million common shares for future issuance under the 2021 EIP. Stock-based compensation expense related to the EIP was $4.4 million and $1.9 million for the three months ended June 30, 2022 and 2021. Stock options Most options have a four-year vesting schedule with a one-year cliff and are classified as incentive stock options (“ISOs”). Some options have been granted in lieu of bonuses and have expedited two Options with accelerated vesting clauses, should there be a change in Company control, were 3,149,649 and 2,628,528 as of June 30, 2022 and 2021, respectively. Unrecognized stock-based compensation expense as of June 30, 2022 and 2021 was $21.2 million and $24.9 million, respectively. Stock-based compensation expense is recognized on a straight-line basis over the remaining weighted-average vesting periods. As of June 30, 2022 and 2021 the weighted-average vesting periods approximated 2.42 years and 3.24 years , respectively. Stock option activity was as follows: Number of Options Weighted Average Exercise Price Weighted Average Remaining Contractual Life (years) Aggregate Intrinsic Value Outstanding as of December 31, 2021 7,574,136 $ 8.60 8.35 $ 52,257 Exercisable as of December 31, 2021 2,719,252 $ 3.44 7.03 $ 31,929 Granted — — Exercised (564,083) $ 1.65 Forfeited and expired (380,947) $ 12.07 Outstanding as of March 31, 2022 6,629,106 $ 8.99 7.81 $ 8,815 Exercisable as of March 31, 2022 2,665,039 $ 5.45 6.30 $ 6,975 Granted — $ — Exercised (121,241) $ 1.55 Forfeited and expired (649,298) $ 14.15 Outstanding as of June 30, 2022 5,858,567 $ 8.58 6.86 $ 2,402 Exercisable as of June 30, 2022 2,959,753 $ 6.35 5.45 $ 2,281 The aggregate intrinsic value of options exercised was $0.4 million f or the three months ended June 30, 2022. The intrinsic value represents the excess of the estimated fair value of the Company's common stock on the date of exercise over the exercise price of each option. Stock-based compensation expense is measured at the grant date based on the estimated fair value of the award. The fair value of the awards is fixed at grant date and amortized over the remaining service period. The Company uses the Black-Scholes model to estimate the value of its stock options issued under the EIP. Prior to the Company’s IPO, the common stock fair values used in the models were based on the most recent 409(a) valuation as of the option grant date. Management reviews option grants and determines whether further valuation adjustments are appropriate based on recent company performance and/or changes in market conditions. The volatility assumed in the estimate was based on publicly traded companies in the same industry and considers the expected term calculated by the Company. The expected term of the options was derived from a simplified method which estimates the term based on an averaging of the vesting period and contractual term of the option grant. The risk-free rate utilized was the average of the five- and seven-year U.S. Treasury yield as the estimated expected term for options approximates 6 years. The Company has no plans to declare dividends in the foreseeable future. Restricted Stock Units RSUs granted under the Plan vest and settle upon the satisfaction of a service-based condition. The service based condition for these awards is generally satisfied over three three-year vesting schedule with 33% vesting one year from grant date and the remaining 67% vesting quarterly over the remaining two years. As of June 30, 2022, there was $29.4 million of unrecognized stock-based compensation expense related to outstanding RSUs which is expected to be recognized over a weighted-average period of 2.70 years. Restricted Stock Unit activity was as follows: Number of Shares Weighted Average Grant Date Fair Value Outstanding as of December 31, 2021 171,075 $ 18.50 Granted 3,183,398 6.24 Vested (593) 9.08 Canceled (33,911) 16.02 Outstanding as of March 31, 2022 3,319,969 $ 6.77 Granted 2,420,126 $ 5.48 Vested (174) $ 5.13 Canceled (440,535) $ 7.29 Outstanding as of June 30, 2022 5,299,386 $ 6.11 Repurchase of Common Shares No share repurchases took place during the six months ended June 30, 2022 and 2021.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2022
Related Party Transactions [Abstract]
Related Party Transactions	Related Party TransactionsThere were no related-party transactions during the six months ended June 30, 2022 and 2021.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Legal Matters As of June 30, 2022 and through the issuance date of these condensed consolidated financial statements, the Company is not involved in any legal proceedings the outcomes of which are anticipated to significantly impact the Company’s financial condition, results of operations, or liquidity. Indemnification The Company enters into standard indemnification arrangements in the ordinary course of business. Pursuant to these arrangements, the Company indemnifies, holds harmless and agrees to reimburse the indemnified parties for losses suffered or incurred by the indemnified party, in connection with any trade secret, copyright, patent or other intellectual property infringement claims brought by any third-party against such indemnified party with respect to licensed technology. The term of these indemnification agreements is generally perpetual any time after the execution of the agreement. The maximum potential amount of future payments the Company could be required to make under these agreements is not determinable because it involves claims that may be made against the Company in the future but have not yet been made. To date, the Company has not incurred costs to defend lawsuits or settle claims related to these indemnification agreements.

Net Loss Per Share

Net Loss Per Share	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Net Loss Per Share	Net Loss Per Share The following tables present the calculation of basic and diluted net loss per share (in thousands, except share and per share amounts): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Numerator: Net loss $ (14,815) $ (14,419) $ (28,653) $ (23,402) Less: cumulative dividends on redeemable convertible preferred stock — (557) — (1,106) Net loss attributable to common stock holders - basic and diluted $ (14,815) $ (14,976) $ (28,653) $ (24,508) Denominator: Weighted-average common shares outstanding - basic and diluted 64,963,045 13,373,712 64,774,428 12,708,522 Net loss per share Net loss per share, basic and diluted $ (0.23) $ (1.12) $ (0.44) $ (1.93) The following outstanding potential common shares were excluded from the computation of diluted net loss per share attributable to common stockholders as of the end of the periods presented because their inclusion would have been antidilutive: June 30, 2022 June 30, 2021 Options to purchase common stock 5,858,567 7,640,568 Redeemable convertible preferred stock — 43,836,109 Warrants — 107,000 Number of shares issuable from ESPP 717,412 — Restricted stock units 5,299,386 — 11,875,365 51,583,677

Basis of Presentation and Sum_2

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Principles of Consolidation	The consolidated financial statements include the accounts of Weave Communications, Inc. and its wholly owned subsidiaries Weave Communications Canada, Inc. and Weave Communications India Private Limited (collectively, “Weave” or the “Company”). Intercompany accounts and transactions have been eliminated in consolidation.
Basis of Presentation	The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) regarding interim financial reporting. The year-end condensed balance sheet data was derived from audited financial statements, but does not include all disclosures required by accounting principles generally accepted in the United States of America. Accordingly, these unaudited interim condensed consolidated financial statements should be read in conjunction with the Company's audited consolidated financial statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021. The accompanying interim condensed consolidated balance sheets, statements of operations, comprehensive loss, statements of redeemable convertible preferred stock and stockholders' equity (deficit), statements of cash flows and accompanying notes are unaudited. These unaudited interim condensed consolidated financial statements have been prepared on a basis consistent with the annual consolidated financial statements and, in the opinion of management, reflect all adjustments, which include only normal recurring adjustments, necessary for the fair statement of the Company’s financial condition, its operations and cash flows for the periods presented. The historical results are not necessarily indicative of future results, and the results of operations are not necessarily indicative of the results to be expected for the full year or any other period.
Segments	The Company operates as one operating and reportable segment. The Company’s chief operating decision maker (“CODM”) evaluates reporting operations and financial information on a consolidated basis for the purposes of making operating decisions, assessing financial performance and allocating resources.
Use of Estimates	The preparation of the condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amount of sales and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates included in the Company’s financial statements include the valuation allowance against deferred tax assets, recoverability of long-lived assets, fair value of stock-based compensation, amortization period of deferred contract acquisition costs, the incremental borrowing rate used in determining the value of right-of-use assets and lease liabilities, and useful lives for depreciable assets.
Cash and Cash Equivalents	Cash consists of deposits in financial institutions. Cash equivalents consist of highly liquid investments in money market securities with an original maturity of 90 days or less.
Advertising Expense	Advertising costs are expensed as incurred. For the three months ended June 30, 2022 and 2021, the Company recorded advertising expense of $1.5 million and $1.8 million, respectively, and $2.9 million and $3.1 million for the six months ended June 30, 2022 and 2021, respectively. Advertising costs are included in sales and marketing expenses in the condensed consolidated statements of operations.
Revenue Recognition	The Company derives substantially all revenue from subscription services by providing customers access to its platform. The Company adopted the provisions of Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers , (referred to collectively as "ASC 606") effective January 1, 2019 using the modified retrospective method. Following the adoption of ASC 606, the Company recognizes revenue when control of these services are transferred to customers in an amount that reflects consideration to which the Company expects to be entitled in exchange for those services, net of tax. Revenue recognition is determined from the following steps: • Identification of a contract with a customer; • Identification of the performance obligations in the contract; • Determination of the transaction price; • Allocation of the transaction price to the performance obligations within the contract; • Recognition of revenue when, or as, performance obligations are satisfied. The Company recognizes revenue as follows: Subscriptions revenue (software and phone service) is generated from fees that provide customers access to one or more of the Company’s software applications and related services. These arrangements generally have contractual terms of month to month. Arrangements with customers do not provide the customer with the right to take possession of the Company’s software at any time. Instead, customers are granted continuous access to the services over the contractual period. The Company transfers control of services evenly over the contractual period. Accordingly, the consideration related to subscriptions is recognized over time on a straight-line basis over the contract term beginning on the date the Company’s service is made available to the customer. The Company also provides payment processing/collection services and receives a revenue share from a third-party payment facilitator on transactions between Weave customers that utilize the Weave payments platform and their end consumers. These payment transactions are generally for services rendered at customers’ business location via credit card terminals or through “text-to-pay” functionality. As the Company acts as an agent in these arrangements, revenue from payments services is recorded net of transaction processing fees and revenue is recognized as the performance obligation is performed each time transactions are processed. Previously, as part of the onboarding process, the customer could request the Company install pre-configured applications on hardware which allow remote access to Weave's cloud solution. In addition, the customer could request the Company install phone hardware at the customer’s location. Whereas the Company continues to provide remote installation services, the in-office installation program was phased out during the second half of 2021. Whether performed remotely or in office, the Company considers onboarding/installation a separate performance obligation, and recognizes revenue at the time the installation services are complete. With the exception of payments services and installation revenue, customers are billed in advance and they may elect to be billed on a monthly or annual basis. The Company records contract liabilities to deferred revenue when cash payments are received, or billings are due in advance of revenue recognition from services. Deferred revenue is recognized as revenue when, or as, the performance obligations are satisfied. Software and phone service revenue is recognized net of discounts in the statements of operations. The Company does not consider discounts variable consideration as they are stated on each agreement and not subject to contingencies or variability. The Company collects sales and communications taxes from its customers. In the statement of operations, amounts collected from taxes are excluded from the reported revenue amounts. The Company elected to apply the practical expedient to not disclose the transaction price allocated to remaining performance obligations for contracts with a contract term of one year or less. As of June 30, 2022 and December 31, 2021, approximately $1.8 million and $2.2 million, respectively, in revenue is expected to be recognized from remaining performance obligations for contracts with original performance obligations that exceed one year. As the right to invoice for these remaining performance obligations does not begin until July 2022, this amount is not recorded in deferred revenue as of June 30, 2022. The Company expects to recognize revenue on these remaining performance obligations over the next 13 months. In addition to providing VoIP phone and software services, the Company provides phone hardware to its customers as part of the subscription. The Company allows customers to include up to 5 phones without adjustment to the subscription base price. In such arrangements, the Company is deemed the lessor and the arrangement is an operating lease per guidance provided in ASC 842. Title of the phones does not transfer to the customer at any point. If a customer were to cancel at any time, the phones are returned to the Company. For customers subscribed prior to August 2021, the Company allowed customers to include up to 10 phones without adjustment to the subscription base price and title of the phones transfers to the customer after 36 months of subscription have occurred. If a customer were to cancel at any time prior to completion of the 36 months period, the phones are returned to the Company. As a lessor, future minimum lease payments may vary due to customer agreements being month to month and the fact that subscription payments are allocated based on the fair value of all services provided to the customer. With phones being deployed to customers for their useful life, residual value does not accrue to the benefit of the Company. Phones that are returned are refurbished and placed into service. Deferred Contract Costs In accordance with ASC-340, the Company capitalizes incremental costs of obtaining and fulfilling a contract, provided the Company expects to recover those costs. The capitalized amounts mainly consist of sales commissions paid to the Company’s direct sales force. Capitalized costs also include: • Commissions to sales management for achieving incremental sales quota. • The associated payroll taxes and fringe benefit costs associated with the payments to the Company’s employees. • One time commissions paid to partners. • One time registration fees assessed by mobile carriers. These costs are recorded as deferred contract acquisition and fulfillment costs on the consolidated balance sheet. Amortization of deferred contract acquisition costs related to commissions, and the associated taxes and fringe benefit costs, are included in sales and marketing expense. Deferred contract acquisition costs related to one time commissions paid to partners are included in cost of revenue. Deferred contract fulfillment costs related to one time registration fees paid to mobile carriers are included in cost of revenue. These expenses are amortized on a straight-line basis over the average period of consumer benefit, three years. In arriving at this average period of benefit, the Company evaluated both qualitative and quantitative factors which included the anticipated customer life, historical customer life, and the useful life of the Company’s product offerings.
Accounting Pronouncements Adopted and Accounting Pronouncements Pending Adoption	Accounting Pronouncements Adopted In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) , requires lessees to apply a dual approach, classifying leases as either finance or operating leases based on the principle of whether or not the lease is effectively a financed purchase by the lessee. For all leases with a term greater than twelve months, the new standard also requires lessees to recognize a right-of-use (“ROU”) asset and a corresponding lease liability on their consolidated balance sheets. Upon adoption, lessees must apply a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements or they may record the amount in the year in which the ASU is adopted. The accounting applied by a lessor is largely unchanged from that applied under previous Topic 840. For example, the vast majority of operating leases should remain classified as operating leases, and lessors should continue to recognize lease income for those leases on a generally straight-line basis over the lease term. On January 1, 2022, the Company adopted Topic 842 using the modified retrospective approach with the effective date as of the date of initial application. Consequently, results for the three and six months ended June 30, 2022 are presented under Topic 842. Prior period amounts were not adjusted and continue to be reported in accordance with previous lease guidance under ASC Topic 840, Leases . The Company elected the package of practical expedients permitted under the transition guidance, which allows an entity to carryforward certain conclusions for leases that commenced prior to the effective date, including the determination of whether an existing contract contains a lease, the classification of the lease, and the accounting for initial direct costs. In addition, the Company elected the practical expedient that allows lessees the option to account for lease and non lease components together as a single component for all classes of underlying assets. The Company performed evaluations of its contracts to ensure compliance with the new guidance of Topic 842. Upon adoption, the Company recognized cumulative operating lease liabilities of $52.8 million offset by a write off in deferred rent of $4.3 million and operating right-of-use assets of $48.5 million. Capital lease obligations of $15.0 million existing as of December 31, 2021 were renamed finance lease liabilities, and the related $12.4 million in assets that were reported within property and equipment, net, as of December 31, 2021 were reclassified as finance right-of-use assets as of the adoption date. Accounting Pronouncements Pending Adoption As an “emerging growth company,” the Jumpstart Our Business Startups Act (the “JOBS Act”), allows the Company to delay adoption of new or revised accounting pronouncements applicable to public companies until such pronouncements are made applicable to private companies. The Company has elected to use the adoption dates applicable to private companies. As a result, the Company’s financial statements may not be comparable to the financial statements of issuers who are required to comply with the effective date for new or revised accounting standards that are applicable to public companies. In June 2016, the FASB issued ASU 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments

Revenue (Tables)

Revenue (Tables)	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The table below outlines revenue for our recurring subscription (software and phone services) and payment processing services, as well as for our onboarding services, and phone hardware (in thousands) for the three and six months ended June 30, 2022 and 2021: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Subscription and payment processing $ 33,538 $ 26,233 $ 65,488 $ 50,132 Onboarding 319 1,034 581 2,072 Phone hardware lease 1,073 794 2,133 1,525 Total revenue $ 34,930 $ 28,061 $ 68,202 $ 53,729

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Assets measured on a recurring basis	The following table summarizes the assets measured at fair value on a recurring basis by level within the fair value hierarchy for the periods presented (in thousands): June 30, 2022 December 31, 2021 Level 1 Money market fund $ 101,099 $ 118,962 Level 2 — — Level 3 — — Total $ 101,099 $ 118,962

Property and Equipment (Tables)

Property and Equipment (Tables)	6 Months Ended
	Jun. 30, 2022
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Property and equipment consisted of the following for the periods presented (in thousands): June 30, 2022 December 31, 2021 Office equipment $ 4,946 $ 4,729 Office furniture 5,810 5,588 Leasehold improvements 2,615 2,496 Fixed assets not placed in service — 118 Capitalized internal-use software 4,274 3,533 Phone hardware — 26,034 Payment terminals 1,985 1,581 Property and equipment, gross 19,630 44,079 Less accumulated depreciation and amortization (8,203) (19,577) Property and equipment, net $ 11,427 $ 24,502

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	6 Months Ended
	Jun. 30, 2022
Payables and Accruals [Abstract]
Schedule of Accrued Liabilities	Accrued liabilities consisted of the following for the periods presented (in thousands): June 30, 2022 December 31, 2021 Payroll-related accruals $ 9,314 $ 8,434 Sales and telecom taxes 1,801 1,508 Employee stock purchase plan liability 1,121 256 Third-party commissions 442 440 Other 1,464 1,612 Total $ 14,142 $ 12,250

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Lease Expense and Other Information	Lease expense and other information consisted of the following for the three and six months ended June 30, 2022 (in thousands, except terms and rates): Three Months Six Months Lease expense Finance lease expense: Amortization of right-of-use assets $ 2,186 $ 4,419 Interest on lease liabilities 227 431 Operating lease expense 1,417 2,834 Short-term lease expense 9 18 Total lease expense $ 3,839 $ 7,702 Other information Finance leases: Operating cash outflow from finance leases $ 227 $ 431 Financing cash outflow from finance leases $ 2,284 $ 4,460 Finance lease liabilities arising from obtaining finance lease right-of-use assets $ 1,297 $ 3,324 Operating leases: Operating cash outflow from operating leases $ 1,142 $ 1,983 Other information as of June 30, 2022 Finance leases: Weighted-average remaining lease term (years) 1.7 Weighted-average discount rate lease term 6.9 % Operating leases: Weighted-average remaining lease term (years) 10.6 Weighted-average discount rate lease term 3.9 %
Operating Lease Liability Maturity	Future maturities of remaining lease payments included in the measurement of operating lease as of June 30, 2022 are as follows (in thousands): Years ending December 31, Remaining 2022 $ 2,559 2023 5,404 2024 5,539 2025 5,677 2026 5,819 Thereafter 38,666 Total 63,664 Less imputed interest (11,834) Present value of operating lease obligations $ 51,830
Future Minimum Rental Payments for Operating Leases Under ASC 840	As previously disclosed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021, the following table summarizes the future minimum lease payments related to operating leases as of December 31, 2021 under ASC 840 (in thousands): Years ending December 31, 2022 $ 4,407 2023 5,404 2024 5,539 2025 5,677 2026 5,819 Thereafter 38,666 Total $ 65,512
Finance Lease Liability Maturity	Future minimum lease payments for the Company’s finance leases as of June 30, 2022 were as follows (in thousands): Years ending December 31, Remaining 2022 $ 5,020 2023 6,007 2024 3,295 2025 609 2026 — Thereafter — Total 14,931 Less amounts representing interest (1,024) Present value of finance lease obligations $ 13,907

Long-Term Debt (Tables)

Long-Term Debt (Tables)	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Schedule of Long-term Debt	The Company’s long-term debt consisted of the following (in thousands): June 30, 2022 December 31, 2021 Line of credit 10,000 10,000 Total $ 10,000 $ 10,000

Stockholders_ Equity (Tables)

Stockholders’ Equity (Tables)	6 Months Ended
	Jun. 30, 2022
Equity [Abstract]
Equity Based Compensation Expense	Stock-based compensation expense, consisting of service-based expense related to the equity incentive plan, including expense from stock options and restricted stock units, and the employee stock purchase plan was classified as follows in the accompanying condensed consolidated statements of operations for each of the periods presented (in thousands): Three Months Ended June 30 Six Months Ended June 30, 2022 2021 2022 2021 Cost of revenue $ 176 $ 210 $ 324 $ 279 Sales and marketing 790 679 1,452 811 Research and development 1,078 2,020 1,630 2,416 General and administrative 2,436 2,360 4,499 3,587 Total $ 4,480 $ 5,269 $ 7,905 $ 7,093
Schedule of Stock Option Activity	Stock option activity was as follows: Number of Options Weighted Average Exercise Price Weighted Average Remaining Contractual Life (years) Aggregate Intrinsic Value Outstanding as of December 31, 2021 7,574,136 $ 8.60 8.35 $ 52,257 Exercisable as of December 31, 2021 2,719,252 $ 3.44 7.03 $ 31,929 Granted — — Exercised (564,083) $ 1.65 Forfeited and expired (380,947) $ 12.07 Outstanding as of March 31, 2022 6,629,106 $ 8.99 7.81 $ 8,815 Exercisable as of March 31, 2022 2,665,039 $ 5.45 6.30 $ 6,975 Granted — $ — Exercised (121,241) $ 1.55 Forfeited and expired (649,298) $ 14.15 Outstanding as of June 30, 2022 5,858,567 $ 8.58 6.86 $ 2,402 Exercisable as of June 30, 2022 2,959,753 $ 6.35 5.45 $ 2,281
Schedule of Restricted Stock Unit Activity	Restricted Stock Unit activity was as follows: Number of Shares Weighted Average Grant Date Fair Value Outstanding as of December 31, 2021 171,075 $ 18.50 Granted 3,183,398 6.24 Vested (593) 9.08 Canceled (33,911) 16.02 Outstanding as of March 31, 2022 3,319,969 $ 6.77 Granted 2,420,126 $ 5.48 Vested (174) $ 5.13 Canceled (440,535) $ 7.29 Outstanding as of June 30, 2022 5,299,386 $ 6.11

Net Loss Per Share (Tables)

Net Loss Per Share (Tables)	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Schedule of Calculation of Basic and Diluted Net Loss Per Share	The following tables present the calculation of basic and diluted net loss per share (in thousands, except share and per share amounts): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Numerator: Net loss $ (14,815) $ (14,419) $ (28,653) $ (23,402) Less: cumulative dividends on redeemable convertible preferred stock — (557) — (1,106) Net loss attributable to common stock holders - basic and diluted $ (14,815) $ (14,976) $ (28,653) $ (24,508) Denominator: Weighted-average common shares outstanding - basic and diluted 64,963,045 13,373,712 64,774,428 12,708,522 Net loss per share Net loss per share, basic and diluted $ (0.23) $ (1.12) $ (0.44) $ (1.93)
Schedule of Antidilutive Securities Excluded from Computation of Diluted Net Loss Per Share	The following outstanding potential common shares were excluded from the computation of diluted net loss per share attributable to common stockholders as of the end of the periods presented because their inclusion would have been antidilutive: June 30, 2022 June 30, 2021 Options to purchase common stock 5,858,567 7,640,568 Redeemable convertible preferred stock — 43,836,109 Warrants — 107,000 Number of shares issuable from ESPP 717,412 — Restricted stock units 5,299,386 — 11,875,365 51,583,677

Basis of Presentation and Sum_3

Basis of Presentation and Summary of Significant Accounting Policies - Narrative (Details) $ in Thousands		3 Months Ended		6 Months Ended		8 Months Ended
	Nov. 15, 2021 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) phone segment	Jun. 30, 2021 USD ($)	Aug. 30, 2021 phone	Jan. 01, 2022 USD ($)	Dec. 31, 2021 USD ($)
Capital Leased Assets [Line Items]
Number of operating segments | segment				1
Number of reportable segments | segment				1
Restricted cash		$ 0		$ 0				$ 0
Accumulated deficit		210,551		210,551				181,898
Proceeds from issuance of equity				159,000
Proceeds from IPO	$ 111,600
Advertising expense		1,500	$ 1,800	2,900	$ 3,100
Remaining performance obligation		$ 1,800		$ 1,800				2,200
Number of phones that can be included without adjustment to subscription price | phone				5		10
Title transfer period				36 months
Capitalized contract cost, amortization period		3 years		3 years
Present value of operating lease obligations		$ 51,830		$ 51,830
Operating lease right-of-use assets		46,660		46,660				0
Finance lease liability		13,907		13,907
Finance lease right-of-use assets		$ 11,325		$ 11,325				$ 0
Accounting Standards Update 2016-02 | Cumulative Effect, Period of Adoption, Adjustment
Capital Leased Assets [Line Items]
Present value of operating lease obligations							$ 52,800
Deferred rent credit							(4,300)
Operating lease right-of-use assets							48,500
Finance lease liability							15,000
Finance lease right-of-use assets							$ 12,400
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-07-01
Capital Leased Assets [Line Items]
Remaining performance obligation period		13 months		13 months
Revolving credit facility
Capital Leased Assets [Line Items]
Line of credit		$ (10,000)		$ (10,000)
Remaining borrowing capacity		$ 40,000		$ 40,000

Revenue - Narrative (Details)

Revenue - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenue from Contract with Customer [Abstract]
Deferred revenue recognized	$ 15,800	$ 12,000	$ 23,900	$ 19,700
Amortization of contract acquisition and fulfillment costs	$ 2,800	$ 2,300	$ 5,408	$ 4,388

Revenue - Disaggregation of Rev

Revenue - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Disaggregation of Revenue [Line Items]
Phone hardware lease	$ 1,073	$ 794	$ 2,133	$ 1,525
Total Revenue	34,930	28,061	68,202	53,729
Subscription and payment processing
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	33,538	26,233	65,488	50,132
Onboarding
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	$ 319	$ 1,034	$ 581	$ 2,072

Fair Value Measurements - Asset

Fair Value Measurements - Assets (Details) - Fair Value, Recurring - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	$ 101,099	$ 118,962
Level 1 | Money market fund
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	101,099	118,962
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	0	0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	$ 0	$ 0

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of debt	$ 10.5	$ 10.6

Property and Equipment - Schedu

Property and Equipment - Schedule of Property and Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Phone hardware finance lease	$ 26,000
Property and equipment, gross	19,630	$ 44,079
Less accumulated depreciation and amortization	(8,203)	(19,577)
Property and equipment, net	11,427	24,502
Office equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment	4,946	4,729
Office furniture
Property, Plant and Equipment [Line Items]
Property, plant and equipment	5,810	5,588
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment	2,615	2,496
Fixed assets not placed in service
Property, Plant and Equipment [Line Items]
Property, plant and equipment	0	118
Capitalized internal-use software
Property, Plant and Equipment [Line Items]
Property, plant and equipment	4,274	3,533
Phone hardware
Property, Plant and Equipment [Line Items]
Phone hardware finance lease	0	26,034
Payment terminals
Property, Plant and Equipment [Line Items]
Property, plant and equipment	$ 1,985	$ 1,581

Property and Equipment - Narrat

Property and Equipment - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Property, Plant and Equipment [Line Items]
Depreciation and amortization	$ 3,400	$ 3,000	$ 6,800	$ 5,600
Amortization of right-of-use assets	2,186		4,419
Capitalized software, amortization	300	200	600	300
Capitalized implementation costs, amortization		0	100	0
Phone Hardware and Data Center Equipment
Property, Plant and Equipment [Line Items]
Amortization of right-of-use assets	$ 2,400	$ 2,300	$ 4,800	$ 4,300

Accrued Liabilities (Details)

Accrued Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Payables and Accruals [Abstract]
Payroll-related accruals	$ 9,314	$ 8,434
Sales and telecom taxes	1,801	1,508
Employee stock purchase plan liability	1,121	256
Third-party commissions	442	440
Other	1,464	1,612
Total	$ 14,142	$ 12,250

Leases - Schedule of Lease Cost

Leases - Schedule of Lease Costs (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Lease expense
Amortization of right-of-use assets	$ 2,186		$ 4,419
Interest on lease liabilities	227		431
Operating lease expense	1,417	$ 1,400	2,834	$ 2,500
Short-term lease expense	9		18
Total lease expense	3,839		7,702
Finance leases:
Operating cash outflow from finance leases	227		431
Financing cash outflow from finance leases	2,284		4,460	3,740
Finance lease liabilities arising from obtaining finance lease right-of-use assets	$ 1,297		$ 3,324	$ 5,152
Finance Lease, Weighted Average Remaining Lease Term	1 year 8 months 12 days		1 year 8 months 12 days
Weighted-average discount rate lease term (in percent)	6.90%		6.90%
Operating leases:
Operating cash outflow from operating leases	$ 1,142		$ 1,983
Operating Lease, Weighted Average Remaining Lease Term	10 years 7 months 6 days		10 years 7 months 6 days
Weighted-average discount rate lease term (percent)	3.90%		3.90%

Leases - Narrative (Details)

Leases - Narrative (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($) lease	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) lease	Jun. 30, 2021 USD ($)
Lessee, Lease, Description [Line Items]
Operating lease expense	$ 1,417,000	$ 1,400,000	$ 2,834,000	$ 2,500,000
Phone hardware lease	$ 1,073,000	794,000	$ 2,133,000	1,525,000
Number of leases | lease	95		95
Phone hardware finance lease	$ 26,000,000		$ 26,000,000
Amortization of right-of-use assets	2,186,000		4,419,000
Phone hardware lease
Lessee, Lease, Description [Line Items]
Amortization of right-of-use assets	$ 2,200,000	$ 2,200,000	4,400,000	$ 4,100,000
Minimum
Lessee, Lease, Description [Line Items]
Monthly rental payments			130
Maximum
Lessee, Lease, Description [Line Items]
Monthly rental payments			$ 21,975

Leases - Schedule of Maturities

Leases - Schedule of Maturities of Operating Lease Liabilities (Details) $ in Thousands	Jun. 30, 2022 USD ($)
Leases [Abstract]
Remaining 2022	$ 2,559
2023	5,404
2024	5,539
2025	5,677
2026	5,819
Thereafter	38,666
Total	63,664
Less imputed interest	(11,834)
Present value of operating lease obligations	$ 51,830

Leases - Future Minimum Payment

Leases - Future Minimum Payments Under ASC 840 (Details) $ in Thousands	Dec. 31, 2021 USD ($)
Leases [Abstract]
2022	$ 4,407
2023	5,404
2024	5,539
2025	5,677
2026	5,819
Thereafter	38,666
Total	$ 65,512

Leases - Schedule of Maturiti_2

Leases - Schedule of Maturities of Finance Lease Liabilities (Details) $ in Thousands	Jun. 30, 2022 USD ($)
Leases [Abstract]
Finance Lease, Liability, to be Paid, Remainder of Fiscal Year	$ 5,020
2023	6,007
2024	3,295
2025	609
2026	0
Thereafter	0
Total	14,931
Less amounts representing interest	(1,024)
Present value of finance lease obligations	$ 13,907

Income Taxes (Details)

Income Taxes (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Provision for income taxes	$ 18,600	$ 0	$ 51,100	$ 0
Effective tax rate	(0.1255%)	0%	(0.1785%)	0%

Long-Term Debt - Narrative (Det

Long-Term Debt - Narrative (Details)		1 Months Ended
	Jul. 31, 2021 USD ($) payment	Aug. 31, 2021 USD ($)	Jun. 30, 2022 USD ($)
Revolving credit facility
Debt Instrument [Line Items]
Outstanding balance			$ 10,000,000
Silicon Valley Bank Note
Debt Instrument [Line Items]
Note payable	$ 4,000,000
Number of required principal payments | payment	36
Amount of required principal payment	$ 100,000
Note payable converted into deemed advance the line of credit		$ 4,000,000
Silicon Valley Bank Line of Credit | Revolving credit facility
Debt Instrument [Line Items]
Borrowing capacity	$ 10,000,000	50,000,000
Proceeds from line of credit		6,000,000
Outstanding balance		10,000,000
Debt agreement fee		$ 100,000
Unused line fee (percent)		0.15%
Debt covenant, outstanding principal balance threshold		$ 10,000,000
Debt covenant, minimum unrestricted cash and cash equivalents		100,000,000
Debt covenant, minimum consolidated liquidity		$ 20,000,000
Silicon Valley Bank Line of Credit | Revolving credit facility | Minimum
Debt Instrument [Line Items]
Interest rate, minimum (percent)		3.50%
Silicon Valley Bank Line of Credit | Revolving credit facility | Prime rate
Debt Instrument [Line Items]
Basis spread on variable rate (percent)		0.25%

Long-Term Debt - Balances (Deta

Long-Term Debt - Balances (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Long-term Debt
Line of credit	$ 10,000	$ 10,000
Total	$ 10,000	$ 10,000

Stockholders_ Equity - Equity B

Stockholders’ Equity - Equity Based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total	$ 4,480	$ 5,269	$ 7,905	$ 7,093
Cost of revenue
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total	176	210	324	279
Sales and marketing
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total	790	679	1,452	811
Research and development
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total	1,078	2,020	1,630	2,416
General and administrative
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total	$ 2,436	$ 2,360	$ 4,499	$ 3,587

Stockholders_ Equity - Narrativ

Stockholders’ Equity - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021	Nov. 15, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense	$ 4,480		$ 5,269	$ 7,905	$ 7,093
Options outstanding (in shares)	5,858,567	6,629,106		5,858,567		7,574,136
Unrecognized equity-based compensation expense	$ 21,200		24,900	$ 21,200	$ 24,900
Intrinsic value of options exercised	400
Repurchase of common shares (in shares)				0	0
2021 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized (in shares)							9,000,000
Share-based compensation arrangement by share-based payment award, authorized (in shares)		3,200,000
Share-based payment arrangement, expense	$ 4,400		$ 1,900
Options to purchase common stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting term				4 years
Expected term				6 years
Options to purchase common stock | Share-based Payment Arrangement, Tranche One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting term				1 year
Options With Accelerated Vesting Clauses
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding (in shares)	3,149,649		2,628,528	3,149,649	2,628,528
Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted (in shares)	2,420,126	3,183,398
Share-based cost not yet recognized	$ 29,400			$ 29,400
Restricted stock units | Four-Year Vesting Schedule
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting term				4 years
Options granted (in shares)				171,075
Restricted stock units | Share-based Payment Arrangement, Tranche One | Four-Year Vesting Schedule
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting term				1 year
Vesting percentage				25%
Restricted stock units | Share-based Payment Arrangement, Tranche One | Three-Year Vesting Schedule
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting term				1 year
Vesting percentage				33%
Restricted stock units | Share-based Payment Arrangement, Tranche Two | Four-Year Vesting Schedule
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting term				3 years
Vesting percentage				75%
Restricted stock units | Share-based Payment Arrangement, Tranche Two | Three-Year Vesting Schedule
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting term				2 years
Vesting percentage				67%
Secondary Sales Of Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense			$ 3,400		$ 3,400
Minimum | Options Granted in Lieu of Bonuses
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting term				2 years
Minimum | Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting term				3 years
Minimum | Restricted stock units | Three-Year Vesting Schedule
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting term				3 years
Maximum | Options Granted in Lieu of Bonuses
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting term				3 years
Maximum | Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting term				4 years
Weighted Average | Options to purchase common stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting term				2 years 5 months 1 day	3 years 2 months 26 days
Weighted Average | Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Period for share-based expense recognition				2 years 8 months 12 days

Stockholders_ Equity - Stock Op

Stockholders’ Equity - Stock Option Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended	12 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2022	Dec. 31, 2021
Number of Options
Outstanding as of beginning of the period (in shares)	6,629,106	7,574,136	7,574,136
Exercisable as of beginning of the period (in shares)	2,665,039	2,719,252	2,719,252
Granted (in shares)	0	0
Exercised (in shares)	(121,241)	(564,083)
Forfeited and expired (in shares)	(649,298)	(380,947)
Outstanding as of end of the period (in shares)	5,858,567	6,629,106	5,858,567	7,574,136
Exercisable as of end of the period (in shares)	2,959,753	2,665,039	2,959,753	2,719,252
Weighted Average Exercise Price
Outstanding as of beginning of the period (in dollars per share)	$ 8.99	$ 8.60	$ 8.60
Exercisable as of beginning of the period (in dollars per share)	5.45	3.44	3.44
Granted (in dollars per share)	0	0
Exercised (in dollars per share)	1.55	1.65
Canceled (in dollars per share)	14.15	12.07
Outstanding as of end of the period (in dollars per share)	8.58	8.99	8.58	$ 8.60
Exercisable as of end of the period (in dollars per share)	$ 6.35	$ 5.45	$ 6.35	$ 3.44
Weighted Average Remaining Contractual Life (years)
Outstanding		7 years 9 months 21 days	6 years 10 months 9 days	8 years 4 months 6 days
Exercisable		6 years 3 months 18 days	5 years 5 months 12 days	7 years 10 days
Aggregate Intrinsic Value (in thousands)
Outstanding	$ 2,402	$ 8,815	$ 2,402	$ 52,257
Exercisable	$ 2,281	$ 6,975	$ 2,281	$ 31,929

Stockholders_ Equity - Restrict

Stockholders’ Equity - Restricted Stock Unit Activity (Details) - Restricted stock units - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2022
Number of Shares
Beginning balance outstanding (in shares)	3,319,969	171,075	171,075
Granted (in shares)	2,420,126	3,183,398
Vested (in shares)	(174)	(593)
Canceled (in shares)	(440,535)	(33,911)
Ending balance outstanding (in shares)	5,299,386	3,319,969	5,299,386
Weighted Average Grant Date Fair Value
Beginning balance outstanding (in dollars per share)	$ 6.77	$ 18.50	$ 18.50
Granted (in dollars per share)	5.48	6.24
Vested (in dollars per share)	5.13	9.08
Canceled (in dollars per share)	7.29	16.02
Ending balance outstanding (in dollars per share)	$ 6.11	$ 6.77	$ 6.11

Net Loss Per Share - Calculatio

Net Loss Per Share - Calculation of Basic and Diluted Net Loss Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Numerator:
Net loss	$ (14,815)	$ (14,419)	$ (28,653)	$ (23,402)
Less: cumulative dividends on redeemable convertible preferred stock	0	(557)	0	(1,106)
Net loss attributable to common stock holders - basic	(14,815)	(14,976)	(28,653)	(24,508)
Net loss attributable to common stock holders - diluted	$ (14,815)	$ (14,976)	$ (28,653)	$ (24,508)
Denominator:
Weighted-average common shares outstanding - basic (in shares)	64,963,045	13,373,712	64,774,428	12,708,522
Weighted-average common shares outstanding - diluted (in shares)	64,963,045	13,373,712	64,774,428	12,708,522
Net loss per share
Net loss per share, basic (in dollars per share)	$ (0.23)	$ (1.12)	$ (0.44)	$ (1.93)
Net loss per share, diluted (in dollars per share)	$ (0.23)	$ (1.12)	$ (0.44)	$ (1.93)

Net Loss Per Share - Antidiluti

Net Loss Per Share - Antidilutive Securities (Details) - shares	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities (in shares)	11,875,365	51,583,677
Options to purchase common stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities (in shares)	5,858,567	7,640,568
Redeemable convertible preferred stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities (in shares)	0	43,836,109
Warrants
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities (in shares)	0	107,000
Number of shares issuable from ESPP
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities (in shares)	717,412	0
Restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities (in shares)	5,299,386	0