Matterport (MTTR) 8-K 22 Nov 21 Other Events Financial data

Cover

Cover	Nov. 22, 2021
Document Information [Line Items]
Document Type	8-K
Document Period End Date	Nov. 22, 2021
Entity File Number	001-39790
Entity Registrant Name	Matterport, Inc./DE
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	85-1695048
Entity Address, Address Line One	352 East Java Drive
Entity Address, City or Town	Sunnyvale
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94089
City Area Code	650
Local Phone Number	641-2241
Title of 12(b) Security	Class A common stock, par value $0.01 per share
Trading Symbol	MTTR
Security Exchange Name	NASDAQ
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Amendment Flag	false
Entity Central Index Key	0001819394
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 51,850	$ 8,424
Restricted cash	400	1,728
Accounts receivable, net of allowance of $182 and $799, as of September 30, 2021 and December 31, 2020, respectively	3,924	1,507
Inventories	3,646	1,901
Prepaid expenses and other current assets	2,453	1,784
Total current assets	62,273	15,344
Property and equipment, net	8,210	7,970
Other assets	1,369	919
Total assets	71,852	24,233
Current liabilities
Accounts payable	3,434	2,893
Current portion of long-term debt	8,215	6,748
Deferred revenue	4,606	2,146
Accrued expenses and other current liabilities	6,995	3,138
Total current liabilities	23,250	14,925
Long-term debt	4,502	7,630
Deferred revenue, non-current	297	227
Other long-term liabilities	335	102
Total liabilities	28,384	22,884
Commitments and contingencies (Note 8)
Redeemable convertible preferred stock, $0.0001 par value; 30,000 and 125,405 shares authorized as of September 30, 2021 and December 31, 2020, respectively; nil and 124,979 shares issued and outstanding as of September 30, 2021 and December 31, 2020; and liquidation preference of nil and $166,131 as of September 30, 2021 and December 31, 2020, respectively	164,168	110,978
Stockholders' equity (deficit):
Common stock, $0.0001 par value; 640,000 shares and 230,680 shares authorized as of September 30, 2021 and December 31, 2020, respectively; and 242,413 shares and 38,981 shares issued and outstanding as of September 30, 2021 and December 31, 2020, respectively	4	3
Additional paid-in capital	9,159	5,871
Accumulated other comprehensive income (loss)	135	36
Accumulated deficit	(129,998)	(115,539)
Total stockholders' equity (deficit)	(120,700)	(109,629)
Total liabilities, redeemable convertible preferred stock and stockholders' equity (deficit)	$ 71,852	$ 24,233

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)		Dec. 31, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Allowance for credit loss		$ 799,000	$ 337,000
Redeemable convertible preferred stock, par value ($ per share)		$ 0.0001	$ 0.0001
Redeemable convertible preferred, authorized (shares)		125,405,000	98,545,000
Redeemable convertible preferred, issued (shares)		124,979,000	98,542,000
Redeemable convertible preferred, outstanding (shares)	[1]	124,979,000	98,542,000
Redeemable convertible preferred liquidation preference		$ 166,131,000	$ 112,778,000
Common stock, par value ($ per share)		$ 0.0001	$ 0.0001
Common stock, authorized (shares)		230,680,000	189,487,000
Common stock, issued (shares)		38,981,000	32,132,000
Common stock, outstanding (shares)		38,981,000	32,132,000
[1]	The shares of the Company’s common and redeemable convertible preferred stock, prior to the Merger (as defined in Note 1) have been retroactively restated to reflect the exchange ratio of approximately 4.1193 established in the Merger as described in Note 3.

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Total revenue	$ 85,884	$ 46,009
Total costs of revenue	37,945	23,862
Gross profit	47,939	22,147
Operating expenses:
Research and development	17,710	17,195
Selling, general, and administrative	41,791	35,350
Total operating expenses	59,501	52,545
Income (loss) from operations	(11,562)	(30,398)
Other income (expense):
Interest income	19	229
Interest expense	(1,501)	(1,482)
Other expense, net	(900)	(244)
Total other expense	(2,382)	(1,497)
Income (loss) before provision for income taxes	(13,944)	(31,895)
Provision for income taxes	77	65
Net income (loss)	$ (14,021)	$ (31,960)
Net income (loss) per share, basic and diluted
Basic ($ per share)	$ (0.43)	$ (1.03)
Weighted-average shares used in per share calculation, basic and diluted
Basic (shares)	32,841	31,108
Other comprehensive income, net of tax:
Foreign currency translation gain (loss)	$ 99	$ 101
Comprehensive income (loss)	(13,922)	(31,859)
Subscription
Total revenue	41,558	24,528
Total costs of revenue	11,445	7,592
License
Total revenue	3,500	0
Total costs of revenue	69	0
Services
Total revenue	7,702	2,869
Total costs of revenue	6,131	2,394
Product
Total revenue	33,124	18,612
Total costs of revenue	$ 20,300	$ 13,876

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Redeemable Convertible Preferred Stock and Stockholders' Equity (Deficit) - USD ($) $ in Thousands		Total	Common Stock		Additional Paid-In Capital	Accumulated Other Comprehensive Income (loss)	Accumulated Deficit
Redeemable convertible preferred, outstanding, beginning (shares) at Dec. 31, 2018	[1]	72,314,000
Redeemable convertible preferred stock, beginning at Dec. 31, 2018		$ 61,282
Increase (Decrease) in Temporary Equity [Roll Forward]
Conversion of convertible note to Series C redeemable convertible preferred stock (Shares)	[1]	10,371,000
Conversion of convertible note to Series C redeemable convertible preferred stock		$ 17,834
Issuance of Series D redeemable convertible preferred stocks net of issuance costs (shares)	[1]	15,857,000
Issuance of Series D redeemable convertible preferred stock net of issuance costs		$ 31,862
Redeemable convertible preferred, outstanding, ending (shares) at Dec. 31, 2019	[1]	98,542,000
Redeemable convertible preferred stock, ending at Dec. 31, 2019		$ 110,978
Common stock, outstanding, beginning (shares) at Dec. 31, 2018	[1]		30,052,000
Beginning balance at Dec. 31, 2018		(80,153)	$ 3		$ 3,488	$ (65)	$ (83,579)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss		(31,960)					(31,960)
Other comprehensive income (loss)		$ 101				101
Issuance of common stock upon exercise of stock options (shares)		2,080	2,080,000	[1]
Issuance of common stock upon exercise of stock options		$ 469			469
Issuance of common stock warrants, net of issuance costs		28			28
Stock-based compensation		$ 1,886			1,886
Common stock, outstanding, ending (shares) at Dec. 31, 2019		32,132,000	32,132,000	[1]
Ending balance at Dec. 31, 2019		$ (109,629)	$ 3		5,871	36	(115,539)
Increase (Decrease) in Temporary Equity [Roll Forward]
Conversion of convertible note to Series C redeemable convertible preferred stock (Shares)	[1]	4,729,000
Conversion of convertible note to Series C redeemable convertible preferred stock		$ 9,501
Issuance of Series D redeemable convertible preferred stocks net of issuance costs (shares)	[1]	21,708,000
Issuance of Series D redeemable convertible preferred stock net of issuance costs		$ 43,689
Redeemable convertible preferred, outstanding, ending (shares) at Dec. 31, 2020	[1]	124,979,000
Redeemable convertible preferred stock, ending at Dec. 31, 2020		$ 164,168
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss		(14,021)					(14,021)
Other comprehensive income (loss)		$ 99				99
Issuance of common stock upon exercise of stock options (shares)		7,293	7,293,000	[1]
Issuance of common stock upon exercise of stock options		$ 1,539	$ 1		1,538
Issuance of common stock warrants, net of issuance costs		55			55
Repurchase and Retirement of common stock (shares)	[1]		(444,000)
Repurchase and Retirement of common stock		(438)					(438)
Stock-based compensation		$ 2,651			2,651
Common stock, outstanding, ending (shares) at Dec. 31, 2020		38,981,000	38,981,000	[1]
Ending balance at Dec. 31, 2020		$ (120,700)	$ 4		9,159	$ 135	$ (129,998)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Settlement of vested stock options		$ (956)			$ (956)
[1]	The shares of the Company’s common and redeemable convertible preferred stock, prior to the Merger (as defined in Note 1) have been retroactively restated to reflect the exchange ratio of approximately 4.1193 established in the Merger as described in Note 3.

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Redeemable Convertible Preferred Stock and Stockholders' Equity (Deficit) (Parenthetical)	Jul. 22, 2021	Jul. 21, 2021
Statement of Stockholders' Equity [Abstract]
Recapitalization exchange ratio	4.1193	4.1193

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (14,021)	$ (31,960)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	4,778	4,224
Amortization of debt discount	223	200
Stock-based compensation, net of amounts capitalized	2,505	1,830
Loss on extinguishment of debt and convertible notes	955	55
Allowance for doubtful accounts	846	356
Other	(4)	160
Changes in operating assets and liabilities:
Accounts receivable	(3,264)	(968)
Inventories	(1,731)	440
Prepaid expenses and other assets	(1,109)	(1,409)
Accounts payable	616	(240)
Deferred revenue	2,524	716
Accrued expenses and other liabilities	4,085	(230)
Net cash used in operating activities	(3,597)	(26,826)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment	(30)	(553)
Capitalized software and development costs	(4,854)	(4,317)
Net cash used in investing activities	(4,884)	(4,870)
CASH FLOW FROM FINANCING ACTIVITIES:
Proceeds from reverse recapitalization and PIPE financing, net	43,689	31,862
Proceeds from exercise of stock options	1,538	466
Proceeds from debt, net	6,302	6,000
Proceeds from convertible notes, net of issuance costs	8,457	0
Repayment of debt	(8,049)	(4,132)
Settlement of vested stock options	(956)	0
Repurchase of common stock	(438)	0
Other	(81)	(26)
Net cash provided by financing activities	50,462	34,170
Net change in cash, cash equivalents, and restricted cash	41,981	2,474
Effect of exchange rate changes on cash	117	107
Cash, cash equivalents, and restricted cash at beginning of year	10,152	7,571
Cash, cash equivalents, and restricted cash at end of period	52,250	10,152
Supplemental disclosures of cash flow information
Cash paid for interest	1,071	1,274
Cash paid for income taxes	52	24
Supplemental disclosures of non-cash investing and financing information
Exchange of convertible notes for redeemable convertible preferred stock	$ 9,501	$ 17,834

Organization and Description of

Organization and Description of Business	12 Months Ended
	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Description of Business	1. ORGANIZATION AND DESCRIPTION OF BUSINESS Matterport, Inc. and its subsidiaries (collectively, “Matterport” or the “Company”) is leading the digitization and datafication of the built world. Matterport’s pioneering technology has set the standard for digitizing, accessing and managing buildings, spaces and places online. Matterport’s platform comprising innovative software, spatial data-driven data science, and 3D capture technology has broken down the barriers that have kept the largest asset class in the world, buildings and physical spaces, offline and underutilized for so long. The Company was incorporated in the state of Delaware in 2011. The Company is headquartered at Sunnyvale, California. Operating results are On July 22, 2021, the Company consummated the merger (collectively with the other transactions pre-Merger The Merger was accounted for as a reverse recapitalization in accordance with U.S. GAAP. Under this method of accounting, Gores was treated as the “acquired” company for financial reporting purposes. The financial statements of the combined entity upon consummation of the Merger represented a continuation of the financial statements of Matterport with the Merger being treated as the equivalent of Matterport issuing stock for the net assets of Gores, accompanied by a recapitalization. The net assets of Gores are stated at historical cost, with no goodwill or other intangible assets recorded. Operations prior to the Merger are presented as those of Matterport in future reports of the combined entity. All periods prior to the Merger have been retroactively adjusted using the exchange ratio of approximately 4.1193 for the equivalent number of shares outstanding immediately after the Merger to effect the reverse recapitalization.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”). Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. Use of Estimates The preparation of the accompanying consolidated financial statements in conformity with U.S. GAAP requires management to make certain estimates and assumptions that affect the reported amounts and disclosures in the consolidated financial statements and accompanying notes. Significant estimates include assumptions related to the fair value of common stock and other assumptions used to measure stock-based compensation, valuation of deferred tax assets, net realizable value of inventories reserves, allowance for doubtful accounts, and the determination of stand-alone selling price (“SSP”) of various performance obligations. As of December 31, 2020, future impact of the COVID-19 Management evaluates its estimates and assumptions on an ongoing basis using historical experience and various other factors, including the current economic environment, which management believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. The Company adjusts such estimates and assumptions when dictated by facts and circumstances. Changes in those estimates resulting from continuing changes in the economic environment will be reflected in the consolidated financial statements in future periods. Actual results may differ materially from those estimates. Segment information The Company manages its operations and allocates resources as a single operating segment. Further, the Company manages, monitors, and reports its financial results as a single reporting segment. The Company’s chief operating decision-maker is its Chief Executive Officer, who reviews financial information presented on a consolidated basis for purposes of making operating decisions, assessing financial performance, and allocating resources. For revenue by geography, please refer to Note 3. Substantially, all of the Company’s long-lived assets are located in the United States. Concentration of Credit Risk and Other Risks and Uncertainties Financial instruments that subject the Company to concentrations of credit risk consist primarily of cash and accounts receivable. The Company maintains its cash balances in accounts held by major banks and financial institutions located in the United States. Such bank deposits from time to time may be exposed to credit risk in excess of the Federal Deposit Insurance Corporation insurance limit, and the Company considers such risk to be minimal. The Company’s accounts receivable is derived from customers located both inside and outside the United States. The Company mitigates its credit risks by performing ongoing credit evaluations of the financial condition of its customers and requires advance payment from customers in certain circumstances. The Company generally does not require collateral from its customers. No customer accounted for more than 10% of the Company’s total accounts receivable at December 31, 2020 and 2019. No customer accounted for more than 10% of the Liquidity and Capital Resources The Company has incurred net losses of $14.0 million and $32.0 million for the years ended December 31, 2020 and, 2019, respectively. The Company has historically funded the net cash needed for operating and investing activities through the sale of equity and through debt financing. Before considering management’s plans described below, the Company expects that its cash and cash and cash equivalents will be sufficient to fund its forecasted operating expenses, working capital requirements and capital expenditures through the first quarter of 2022. The Company plans to raise additional liquidity in connection with the completion of the Merger (see Note 15). If the Company is unable to complete the Merger the Company’s plan is to cease increasing spending levels for labor, and sales and marketing programs, and will also reduce discretionary spending, including reducing its direct and indirect labor, reducing sales and marketing costs and focusing its available capital on a reduced number of prioritized activities and programs, in order to have sufficient liquidity to fund its operations for at least one year from the date of the issuance of these financial statements. Cash, Cash Equivalents, and Restricted Cash The Company considers all highly liquid investments purchased with an The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported on the consolidated balance sheets as of December 31, 2020 2019 Cash and cash equivalents $ 51,850 $ 8,424 Restricted cash 400 1,728 Total cash, cash equivalents, and restricted cash $ 52,250 $ 10,152 The Company had restricted cash of $0.4 million and $1.7 million as of December 31, 2020 and 2019, respectively. The restricted cash of Accounts Receivable, Net Accounts receivable consists of current trade receivables due from customers recorded at the invoiced amount, net of allowances for doubtful accounts. The Company’s accounts receivable primarily represent amounts due from customers arising from revenue and are stated at the amount the Company expects to collect from outstanding balances. On a periodic basis, the Company evaluates accounts receivable estimated to be uncollectible and provides allowances, as necessary, for doubtful accounts. As of December 31, 2020 and 2019, the allowance for doubtful accounts was $0.8 million and $0.3 million, respectively. Fair Value Measurement The Company accounts for certain of its financial assets and liabilities at fair value. The Company uses a three-level hierarchy, which prioritizes, within the measurement of fair value, the use of market-based information over entity-specific information for fair value measurements based on the nature of inputs used in the valuation of an asset or liability as of the measurement date. Fair value focuses on an exit price and is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The inputs or methodology used for valuing financial instruments are not necessarily an indication of the risk associated with investing in those financial instruments. The three-level hierarchy for fair value measurements is defined as follows: Level 1 Level 2 Level 3 The Company has investments in U.S. treasury bills, and they were classified as cash equivalents on the consolidated balance sheets. The Company classifies the U.S. treasury bills within Level 1 because the Company uses quoted prices and models to determine their fair value. The Company’s assets and liabilities that were measured at fair value on a recurring basis were as follows (in thousands): December 31, 2020 Description: Total Level 1 Level 2 Level 3 Cash equivalents: U.S. Treasury securities $ 43,116 $ 43,116 $ — $ — Total cash equivalents $ 43,116 $ 43,116 $ — $ — December 31, 2019 Description: Total Level 1 Level 2 Level 3 Cash equivalents: U.S. Treasury securities $ 2,963 $ 2,963 $ — $ — Total cash equivalents $ 2,963 $ 2,963 $ — $ — Accounts receivable and accounts payable are carried at cost, which approximates fair value due to the short maturity of these instruments. Short-term and long-term debt is carried at amortized cost, which approximates its fair value based on borrowing rates as of December 31, 2020 available to the Company for loans with similar terms. The fair value of the Company’s debt is determined based on Level 2 inputs using primarily observable markets. Inventories Inventories consist primarily of finished goods, assemblies, and raw materials. Assemblies are generally purchased from contract manufacturers. Inventories are valued at the lower of cost or net realizable value. Costs are determined using standard cost, which approximates actual cost on a first-in, first-out The Company recorded a provision for excess and obsolete inventory to cost of revenue totaling $0.1 million in the years ended December 31, 2020 and 2019. Property and Equipment, Net Property and equipment are stated at cost, less accumulated depreciation and are depreciated on a straight- line basis over their estimated useful lives as follows: Machinery and equipment 2- 7 years Furniture and fixtures 3 years Capitalized software and development costs 3 years Leasehold improvements Shorter of remaining lease term or 10 years Upon retirement or sale, the cost and related accumulated depreciation are removed from the consolidated balance sheets and the resulting gain or loss is reflected in general and administrative expenses in the consolidated statements of operations and comprehensive loss. Maintenance and repairs are charged to operations as incurred. Long-Lived Assets, Net The Company evaluates the recoverability of its property and equipment and finite-lived intangible assets for possible impairment whenever events not be recoverable. The evaluation is performed at the lowest level for which impairment of long-lived assets for the years ended and . Acquired property and equipment and finite-lived intangible assets are amortized over their useful lives. The Company evaluates the estimated remaining useful life of these assets when events or changes in circumstances warrant a revision to the remaining period of amortization. If the Company revises the estimated useful life assumption for any asset, the remaining unamortized balance is amortized or depreciated over the revised estimated useful life on a prospective basis. Comprehensive Loss and Foreign Currency Translation The functional currency of Matterport, Inc. and its wholly owned subsidiary in Singapore is the U.S. dollar. Matterport, Inc.’s United Kingdom (“U.K.”) subsidiary uses the British Pound as its functional currency to maintain its books and records. Matterport, Inc., therefore, translates its monetary assets and liabilities for its subsidiaries with a functional currency other than the U.S. dollar by using the applicable exchange rate as of the consolidated balance sheet date, and the consolidated statements of operations and comprehensive loss and consolidated statements of cash flows are translated at average exchange rates during the reporting period. Equity accounts are translated at historical rates. Adjustments resulting from the translation of the consolidated financial statements are recorded as accumulated other comprehensive income or loss. For transactions that occur in a foreign currency other than the functional currency of Matterport, Inc. or its subsidiaries, the Company records the transaction at the applicable rate on the date of recognition. Monetary assets and liabilities are remeasured at each consolidated balance sheet date until settled and changes are reported as transaction gains or losses in other income (expense), net in the consolidated statements of operations and comprehensive loss. Revenue Recognition The Company adopted Accounting Standards Codification (“ASC”) Topic 606, Revenue from Contracts with Customers Nature of Revenue The Company recognizes revenue from subscription, license, services and sale of products. Subscription— . add-ons Subscription fees are invoiced in advance of the service being provided to the customer. Typical payment terms provide that customers pay within 30 days of invoice. The portion of the transaction price allocated to the subscription is recognized ratably over the subscription term, which typically ranges from one month to a year as the Company’s management has concluded that the nature of the Company’s promise to the customer is to provide continuous access to the Matterport platform, which represents a stand-ready obligation provided throughout the subscription period. Annual and monthly subscriptions are renewed automatically at the end of each term. The Company’s contracts with customers typically do not include termination rights for convenience, nor do they include terms with a significant financing component. License right-to-use Services add-on add-on Product— . The Company accounts for shipping and handling activities related to contracts with customers as costs to fulfill the Company’s promise to transfer the associated products, rather than as a separate performance obligation. Accordingly, the Company records amounts billed for shipping and handling costs as a component of net product sales, and classifies such costs as a component of cost of products. Arrangements with Multiple Performance Obligations The Company’s contracts with customers frequently include multiple performance obligations that may consist of subscription, license, services and products. For these contracts, the transaction price is allocated to each performance obligation on a relative SSP. The SSP is the price at which the Company would sell a promised product or service separately to a customer. Judgment is required to determine the SSP for each distinct performance obligation. The Company determines SSP based on the Company’s best estimates and judgments by considering its pricing strategies, historical selling price of these performance obligations in similar transactions, bundling and discounting practices, customer and geographic information, and other factors. More than one SSP may exist for individual goods and services due to the stratification of those goods and services, considering attributes such as the size of the customer and geographic region. The allocation of transaction price among performance obligations in a contract may impact the amount and timing of revenue recognized in the consolidated statements of operations and comprehensive loss during a given period. Deferred Commission, Net Incremental costs of obtaining a contract with a customer consist primarily of direct sales commissions incurred upon execution of the contract. These costs require capitalization under ASC 340-40, Other Assets and Deferred Costs—Contracts and Customers $ million and $ million for the and , respectively . Advertising Costs Advertising costs are expensed as incurred and included in selling, general, and administrative in the consolidated statements of operations and comprehensive loss. Advertising expense was $4.1 million and $6.6 million for the years ended December 31, 2020 and 2019, respectively. Research and Development Costs Research and development costs are expensed as incurred and consist primarily of salaries, consulting services, and other direct expenses. Internal-Use Software Development Costs The Company capitalizes certain costs related to developed or modified software solely for its internal use and cloud-based applications used to deliver the Matterport platform. The Company capitalizes costs during the application development stage once the preliminary project stage is complete, management authorizes and commits to funding the project, and it is probable that the project will be completed and that the software will be used to perform the function intended. Costs related to preliminary project activities and post-implementation activities are expensed as incurred. Stock-Based Compensation The Company measures and records the expense related to stock-based payment awards based on the fair value of those awards as determined on the date of grant. The Company recognizes stock-based compensation expense over the requisite service period of the individual grant, generally equal to the vesting period and uses the straight-line method to recognize stock-based compensation. For stock options with performance conditions, the Company records compensation expense when it is deemed probable that the performance condition will be met. The Company accounts for forfeitures as they occur. The Company selected the Black-Scholes option- pricing model as the method for determining the estimated fair value for stock options. The Black-Scholes option-pricing model requires the use of highly subjective and complex assumptions, which determine the fair value of stock-based awards, including the option’s expected term and the price volatility of the underlying stock. The Company calculates the fair value of options granted by using the Black-Scholes option-pricing model with the following assumptions: Expected Volatility Expected Term historical information to develop reasonable expectations about future exercise patterns and post-vesting employment termination behavior. Risk-Free Interest Rate Dividend Yield Common Stock Valuation In the absence of a public trading market for the Company’s common stock, on each grant date, the fair value of the Company’s common stock is determined by the Company’s board of directors with inputs from management, taking into account the most recent valuations from an independent third-party valuation specialist. The valuations of the Company’s common stock are determined in accordance with the guidelines outlined in the American Institute of Certified Public Accountants Practice Aid, Valuation of Privately-Held-Company Equity Securities Issued as Compensation. The Company uses a hybrid method utilizing a combination of the option-pricing model and the probability weighted expected return method (“PWERM”) to allocate the Company’s equity value among outstanding common stock. After the allocation to the various classes of equity securities, a discount for lack of marketability is applied to arrive at a fair value of common stock. Application of these approaches and methodologies involves the use of estimates, judgments and assumptions that are highly complex and subjective, such as those regarding the Company’s expected future revenue, expenses and future cash flows, discount rates, market multiples, the selection of comparable public companies, and the probability of and timing associated with possible future events. Redeemable Convertible Preferred Stock The Company records redeemable convertible preferred stock at fair value on the dates of issuance, net of issuance costs. The Company classifies its redeemable convertible preferred stock as mezzanine equity outside of stockholders’ deficit when the stock contains contingent redemption features that are not solely within the Company’s control. The Company does not adjust the carrying values of shares of its redeemable convertible preferred stock to the liquidation preferences of such shares until it is reasonably certain that the event that would obligate the Company to pay the liquidation preferences to the holders of the redeemable convertible preferred stock will occur. Common Stock Warrants The Company generally accounts for warrants issued in connection with debt and equity financings as a component of equity unless the warrants include a conditional obligation to issue a variable number of shares or if there is a deemed possibility that the Company may need to settle the warrants in cash, in which case the Company records the fair value of the warrants as a liability. All the Company’s outstanding warrants as of December 31, 2020 and 2019, were classified as equity. Income Taxes The Company utilizes the asset and liability method for computing its income tax provision. Deferred tax assets and liabilities reflect the expected future consequences of temporary differences between the financial reporting and tax bases of assets and liabilities as well as operating loss, capital loss, and tax credit carryforwards, using enacted tax rates. The Company’s management makes estimates, assumptions, and judgments to determine the Company’s provision for income taxes, deferred tax assets and liabilities, and any valuation allowance recorded against deferred tax assets. The Company assesses the likelihood that its deferred tax assets will be recovered from future taxable income and, to the extent the Company believes recovery is not likely, establishes a valuation allowance. The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not the tax position will be sustained on examination by the taxing authorities based on the technical merits of the position. The tax benefits recognized from such positions are then measured based on the largest benefit that has a greater than 50% likelihood of being realized upon settlement. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments No. 2016-15 In November 2016, the FASB issued ASU No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash No. 2016-18 No. 2016-18, In June 2018, the FASB issued ASU No. 2018-07, Compensation—Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting non-employees non-employees No. 2018-07 Recently Issued Accounting Standards Not yet Adopted In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842). right-to-use No. 2016-02 In June 2016, the FASB issued ASU No. 2016-13, Financial instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments No. 2016-13 In August 2018, the FASB issued ASU No. 2018-15, Intangibles—Goodwill and Other— Internal-Use 350-40): internal-use 350-40. No. 2018-15, No. 2018-15 No. 2018-15 No. 2018-15 In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes No. 2019-12 No. 2019-12 No. 2019-12 No. 2019-12 In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting No. 2020-04 In August 2020, the FASB issued ASU No. 2020-06, 815-40): if-converted No. 2020-06

Revenue

Revenue	12 Months Ended
	Dec. 31, 2020
Revenue from Contract with Customer [Abstract]
Revenue	3. REVENUE Disaggregated Revenue Year Ended December 31, 2020 2019 United States $ 52,093 $ 31,298 International 33,791 14,711 Total revenue $ 85,884 $ 46,009 No country other than the United States accounted for more than 10% of the Company’s revenue for the years ended December 31, 2020 and 2019. The geographical revenue information is determined by the ship-to The following table shows over time versus point-in-time Year Ended December 31, 2020 2019 Over time revenue $ 49,260 $ 27,397 Point-in-time 36,624 18,612 Total $ 85,884 $ 46,009 Contract Balances December 31, 2020 2019 Accounts receivable, net $ 2,700 $ 1,032 Unbilled accounts receivable 1,224 475 Deferred revenue 4,903 2,373 The beginning balances of accounts receivable, net, unbilled accounts receivable, and deferred revenue as of January 1, 2019, were $0.8 million, $0.2 million, and $1.7 million, respectively. During fiscal years 2020 and 2019, the Company recognized revenue of $2.2 million and $1.3 million that was included in the deferred revenue balance at the beginning of the fiscal year, respectively. Contracted but unsatisfied performance obligations were $12.2 million and $5.8 million at the end of fiscal years 2020 and 2019 and consisted of deferred revenue and backlog, respectively. The contracted but unsatisfied or partially unsatisfied performance obligations expected to be recognized over the next 12 months at the end of fiscal years 2020 and 2019 were $9.2 million and $5.5 million, respectively, and the remaining thereafter. Costs of Obtaining a Contract with a Customer

Balance Sheet Components

Balance Sheet Components	12 Months Ended
	Dec. 31, 2020
Balance Sheet Related Disclosures [Abstract]
Balance Sheet Components	4. BALANCE SHEET COMPONENTS Allowance for Doubtful Accounts December 31, 2020 2019 Balance—beginning of year $ (337 ) $ (49 ) Increase in reserves (846 ) (356 ) Write-offs 384 68 Balance—end of year $ (799 ) $ (337 ) Inventories December 31, 2020 2019 Finished goods $ 538 $ 361 Work in process 2,219 945 Purchased parts and raw materials 889 595 Total inventories $ 3,646 $ 1,901 Prepaid Expenses and Other Current Assets December 31, 2020 2019 Prepaid subscription $ 1,084 $ 564 Prepaid materials 983 493 Prepaid rent and security deposit 145 201 Other prepaid expenses and current assets 241 526 Total prepaid expenses and other current assets $ 2,453 $ 1,784 Property and Equipment, Net December 31, 2020 2019 Machinery and equipment $ 1,435 $ 1,422 Furniture and fixtures 359 369 Leasehold improvements 733 726 Capitalized software and development costs 18,126 13,125 Total property and equipment 20,653 15,642 Accumulated depreciation and amortization (12,443 ) (7,672 ) Total property and equipment, net $ 8,210 $ 7,970 Depreciation and amortization expenses were $4.8 million and $4.2 million for the years ended December 31, 2020 and 2019, respectively. Additions to capitalized software and development costs, inclusive of stock-based compensation in 2020 and 2019, was $5.0 million and $4.3 million and are recorded as part of property and equipment, net on the consolidated balance sheets, respectively. Amortization expense was $4.5 million and $3.4 million for the years ended December 31, 2020 and 2019, of which $3.9 million and $3.0 million was recorded to costs of revenue related to subscription and $0.6 million and $0.4 million to selling, general, and administrative in the consolidated statements of operations and comprehensive loss, respectively. Accrued Expenses and Other Current Liabilities December 31, 2020 2019 Accrued compensation $ 3,208 $ 509 Tax payable 1,164 1,525 Other current liabilities 2,623 1,104 Total accrued expenses and other current liabilities $ 6,995 $ 3,138

Debt

Debt	12 Months Ended
	Dec. 31, 2020
Debt Disclosure [Abstract]
Debt	5. DEBT The Company’s short-term and long-term debt is secured by substantially all the assets of the Company and subject the Company to certain affirmative and negative covenants. Failure to comply with these covenants could result in an event of default, which may lead to an acceleration of the amounts owed and other remedies. As of December 31, 2020, the Company has the following financing arrangements: 2015 Term Loan and Line of Credit — On May 22, 2017, the Company amended and restated the 2015 Agreement with the lender (the “2015 Amended and Restated Agreement”) for an additional revolving line of credit up to $2.0 million. The line of credit bore interest at a floating per annum rate equal to 0.5% above the Prime Rate. The line of credit matured on May 22, 2019. On October 26, 2017, the Company amended the 2015 Amended and Restated Agreement with the lender (the “2017 Amendment”) for an additional term loan up to $1.5 million (“2017 Term Loan”). The Company borrowed the full $1.5 million on November 3, 2017. The Company was required to make monthly interest-only payments starting December 2017 and 36 equal installment payments of principal starting October 2018 through September 2021. During 2019, the Company repaid $0.4 million for the 2017 Term Loan. The term loan bore interest at a floating per annum rate equal to the greater of (a) 1.0% above the Prime Rate; and (b) 5.25%. Interest was payable monthly. On September 16, 2019, the Company amended and restated the 2015 Amended and Restated Agreement and the 2017 Amendment with the lender (the “2017 Second Amended and Restated Agreement”). The agreement provided the Company with a term loan up to $3.0 million (“2019 Term Loan”). The loan must be first used to repay the prior term loan and accrued interest. The Company borrowed the full $3.0 million on September 16, 2019, and $1.0 million of the amount was used to repay in full the outstanding principal and interest under the 2017 Term Loan. The term loan matures in May 2023. The Company is required to make 36 equal installments payments of principal, plus monthly payment of accrued interest starting in June 2020 through May 2023. The term loan bears interest at a floating per annum rate equal to the greater of (a) 1.0% above the Prime Rate and (b) 5.25%. The amendment also provided the Company with a revolving line of credit up to $3.0 million due in September 2020. The Company borrowed $3.0 million under the line of credit on September 27, 2019. The principal amount outstanding under the revolving line of credit bears interest at a floating per annum rate equal to the greater of (a) 0.5% above the Prime Rate and (b) 5.25%. Interest is payable monthly. As of December 31, 2019, the interest rates for the term loan and the revolving line of credit were 5.8% and 5.3%, respectively. The restructuring of the term loan was accounted for as an extinguishment. The loss on extinguishment was not material. For the years ended December 31, 2020 and 2019, the Company recorded $0.3 million and $0.1 million of interest expense, respectively, under the 2019 Term Loan. The Company repaid $0.6 million of principal outstanding under the 2019 Term Loan during year ended December 31, 2020. On April 28, 2020, the Company amended the 2017 Second Amended and Restated Agreement with the lender (the “2020 Amendment”) to increase the limit of the revolving line of credit from $3.0 million to $5.0 million and extend the maturity date of the revolving line to December 15, 2020. On December 22, 2020, the Company amended and extended the line of credit maturity date from December 15, 2020, through December 14, 2021. As of December 31, 2020, the interest rates for the term loan and the revolving line of credit were 5.25%. As of December 31, 2020, $3.0 million of principal was outstanding under the 2020 Amendment revolving line of credit. 2018 Term Loan In connection with the execution of the 2018 Agreement, an additional final payment of $0.5 million is due at the earlier of the maturity date and prepayment of the term loan. The Company accretes the final payment liability up to the redemption amount as part of the 2018 Agreement term loan balance and recognizes interest expense over the term of the loan. The Company recognized $0.1 million of interest expense related to the 2018 Agreement final payment for each of the years ended December 31, 2020 and 2019. For the years ended December 31, 2020 and 2019, the Company recorded $0.8 million and $1.1 million of interest expense, respectively, and repaid $3.2 million and $1.7 million of principal outstanding under the 2018 Agreement, respectively. The Company incurred certain debt issuance costs in connection with the above loan agreements. Such cost was capitalized against the loan proceeds. The Company also issued warrants to purchase common stock in conjunction with the above loan agreements. The Company determined the fair value of the warrants using the Black-Scholes option-pricing model, which was recorded to additional paid-in 2020 Term Loan — Company borrowed the full $1.0 million from facility B. In addition to the principal payment, both loan facilities require a fixed monthly coupon payment. The aggregated annual coupon payment is $0.1 million. The principal is payable in 24 equal installments commencing on May 31, 2021 through April 30, 2023. The interest rate is fixed at 4.75% per annum. For the year ended December 31, 2020, the Company recorded $0.1 million of interest expense and did not The Company incurred certain debt issuance costs in connection with the above loan agreements. Such cost was capitalized against the loan proceeds. The Company also issued warrants to purchase common stock in conjunction with the above loan agreements. The Company determined the fair value of the warrants using the Black-Scholes option-pricing model, which is recorded to additional paid-in 2020 Note Debt obligations as of December 31, 2020 and 2019, consisted of the following (in thousands): December 31, 2020 2019 Line of credit $ 3,000 $ 3,000 2019 Term Loan 2,417 3,000 2018 Term Loan 5,650 8,815 2020 Term Loan 2,000 — Total debt 13,067 14,815 Less: unamortized debt discount (350 ) (437 ) Total debt, net of debt discount 12,717 14,378 Less: current portion of long-term debt (8,215 ) (6,748 ) Long-term debt $ 4,502 $ 7,630 The future principal payments and final payment fee for the Company’s outstanding debt obligations as of December 31, 2020 were as follows (in thousands): December 31, 2021 $ 8,215 2022 4,102 2023 750 2024 — Total $ 13,067

Commitment and Contingencies

Commitment and Contingencies	12 Months Ended
	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	6. COMMITMENTS AND CONTINGENCIES Lease and Purchase Obligation that contain escalating rent provisions, lease expense is recorded on a straight-line basis over the lease term. Rent expense for the years ended December 31, 2020 and 2019, was $ million and $ million, respectively. In addition, the Company has purchase obligations, which includes agreements and issued purchase orders containing non-cancelable payment terms to purchase goods and As of December 31, 2020 and 2019, future minimum operating lease payments and purchase obligations are as follows (in thousands): Operating Purchase Total 2021 $ 1,383 $ 3,859 $ 5,242 2022 1,301 — 1,301 2023 1,339 — 1,339 2024 1,306 — 1,306 2025 207 — 207 Thereafter — — — Total $ 5,536 $ 3,859 $ 9,395 Litigation Indemnification

Convertible Notes

Convertible Notes	12 Months Ended
	Dec. 31, 2020
Debt Disclosure [Abstract]
Convertible Notes	7. CONVERTIBLE NOTES The Company issued convertible notes in 2017 and 2018 to various investors in an aggregate principal amount of $17.0 million. The convertible notes carried an interest rate of 5.0% per annum. As per the terms of the convertible note agreement, the principal and the unpaid accrued interest are automatically convertible into shares of the Company’s Series C redeemable convertible preferred stock at $1.7194 per share by the maturity date upon certain terms and conditions. Accordingly, all of the convertible notes, including unpaid accrued interest, amounting to $17.8 million converted to 10,370,967 shares of Series C redeemable convertible preferred stock at $1.7194 per share in January 2019. The Company issued convertible notes between January 2020 and March 2020 to various investors amounting to $8.5 million (“2020 Notes”). The convertible notes carry an interest rate of 5.0% per annum. The notes mature in January 2022 and cannot be prepaid without written consent. As per the terms of the convertible note agreement, if a qualified financing, defined as a transaction or series of transactions by which the Company sells redeemable convertible preferred stock for aggregate gross proceeds of at least $10.0 million, occurs prior to the payment of the notes, then the notes plus accrued and unpaid interest shall automatically convert into shares of redeemable convertible preferred stock at a price paid by the other purchasers of the redeemable convertible preferred stock sold in the qualified financing discounted by 10.0% if converted prior to January 2021, and on or after January 2021 by 15.0%. If no qualified financing occurs on or prior to the maturity date, then the outstanding principal amount of these convertible notes and all accrued and unpaid interest shall be converted into Series D redeemable convertible preferred stock at a conversion price of $2.0181 per share. During April and June 2020, the Company completed the Series D redeemable convertible preferred stock financing and subsequently issued 21,708,519 shares of Series D redeemable convertible preferred stock at $2.0181 per share for total cash proceeds of $43.8 million. Accordingly, as this meets the qualified financing requirement, all of the convertible notes, including unpaid accrued interest of $8.6 million converted into 4,728,975 shares of Series D redeemable convertible preferred stock at $1.8163 per share in April 2020. The combined aggregate amount of the proceeds from the Series D redeemable convertible preferred stock financing and the converted notes was $52.4 million. The 2020 Notes contain an embedded derivative. The fair value of the derivative was recorded as a liability with an offsetting amount recorded as a debt discount, and the debt discount is recorded against the carrying amount of the related convertible notes outstanding. The amortization of the debt discount was recorded as interest expense. The embedded derivative liability was re-valued re-valued

Redeemable Convertible Preferre

Redeemable Convertible Preferred Stock	12 Months Ended
	Dec. 31, 2020
Temporary Equity Disclosure [Abstract]
Redeemable Convertible Preferred Stock	8. REDEEMABLE CONVERTIBLE PREFERRED STOCK As of December 31, 2020 and 2019, the Company’s redeemable convertible preferred stock consisted of the following balances (in thousands, except per share amounts): December 31, 2020 Convertible preferred stock: Original Issuance Price Shares Authorized Shares Issued and Outstanding Shares of Carrying Value Aggregate Liquidation Preference Dividend Rate Series Seed redeemable $ 0.3507 24,861 24,861 24,861 $ 7,350 $ 8,720 8.0 % Series A-1 redeemable $ 0.4261 7,570 7,570 7,570 3,165 3,226 8.0 % Series B redeemable $ 0.8194 19,527 19,527 20,957 15,905 16,000 8.0 % Series C redeemable $ 1.7194 30,730 30,727 30,727 52,696 52,832 8.0 % Series D redeemable $ 2.0181 42,717 42,294 42,294 85,052 $ 85,353 8.0 % 125,405 124,979 126,409 $ 164,168 $ 166,131 The holders of the Company’s Series Seed, A-1, Dividends non-cumulative non-cumulative. as-converted as-converted Voting Rights A-1 A-1 as-converted as-converted Liquidation Preference A-1 After payment in full of amounts payable to the holders of Series C redeemable convertible preferred stock and Series D redeemable convertible preferred stock above, the holders of Series B redeemable convertible preferred stock shall be entitled to receive, prior and in preference to any distribution of any of the proceeds of such Liquidation Event to the holders of Series Seed redeemable convertible preferred stock, Series A-1 available for distribution shall be distributed ratably among the holders of Series B redeemable convertible preferred stock in proportion to the preferential amount each such holder is otherwise entitled to receive. After payment in full of amounts payable to the holders of Series B redeemable convertible preferred stock, the holders of Series Seed redeemable convertible preferred stock and Series A-1 A-1 A-1 A-1 A-1 After payment to the holders of redeemable convertible preferred stock of the preferential amounts, all remaining proceeds legally available for distribution to stockholders of the Company shall be distributed pro rata among the holders of common stock based on the number of shares of common stock then held by them. If, upon occurrence of such event, the assets and funds distributed among the holders of redeemable convertible preferred stock are insufficient to permit the payment, then the entire assets and funds of the Company legally available for distribution shall be distributed ratably among the holders of redeemable convertible preferred stock in proportion to the preferential amount each such holder is otherwise entitled to receive. For purposes of determining the amount each holder of redeemable convertible preferred stock is entitled to receive with respect to a Liquidation Event, each such holder of redeemable convertible preferred stock shall be deemed to have converted (regardless of whether such holder actually converted) such holder’s shares of redeemable convertible preferred stock into shares of common stock immediately prior to the Liquidation Event if, as a result of an actual conversion, such holder would receive, in the aggregate, an amount greater than the amount that would be distributed to such holder if such holder did not convert such shares of redeemable convertible preferred stock into shares of common stock. If any such holder shall be deemed to have converted shares of redeemable convertible preferred stock into common stock pursuant to this paragraph, then such holder shall not be entitled to receive any distribution that would otherwise be made to holders of the redeemable convertible preferred stock that have not converted (or have not been deemed to have converted) into shares of common stock. A “Liquidation Event” shall mean (i) a liquidation, dissolution, or winding up of the Company; (ii) an acquisition of the Company by another person or entity by means of any transaction or series of related transactions to which the Company is a party (including, without limitation, a merger, consolidation, or other corporate reorganization), other than an acquisition in which the shares of capital stock held by stockholders of the Company immediately prior to such acquisition continue to represent, or are converted into or exchanged for shares of capital stock that represent, immediately after such acquisition and by virtue of the acquisition, a majority of the total outstanding voting power of the surviving or acquiring person or entity; (iii) a sale, lease, exclusive license, or other disposition of all or substantially all of the assets or intellectual property of the Company, except where such sale, lease, exclusive license, or other disposition is to a wholly owned subsidiary of the Company; or (iv) a transaction or series of related transactions to which the Company is a party (whether by merger, consolidation, stock acquisition, or otherwise) in which a majority of the total outstanding voting power of the Company is transferred. Notwithstanding the foregoing sentence, a transaction shall not constitute a Liquidation Event if the primary purpose is to change the jurisdiction of the Company’s incorporation, create a holding company that will be owned in substantially the same proportions by the persons who held the Company’s securities immediately before such transaction or engage in a bona fide equity financing transaction. The treatment of any particular transaction or series of related transactions as a Liquidation Event may only be waived with the Preferred Consent. Conversion Rights A-1, Each share of redeemable convertible preferred stock will automatically convert into shares of common stock at the conversion rate then in effect upon the earlier of (i) the closing of the sale of the Company’s Common Stock to the public at a price of at least $3.0272 per share and aggregate proceeds of not less than $50.0 million, net of underwriting discounts and commissions or (ii) the date of the Preferred Consent. Redemption

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2020
Equity [Abstract]
Stockholders' Equity	9. COMMON STOCK As of December 31, 2020 and 2019, the Company was authorized to issue 230.7 million and 189.5 million shares, respectively, of common stock with a par value of $0.0001 per share. In August 2020, the Company repurchased and retired 0.4 million shares of common stock held by former employees. Of the $0.5 million total aggregate consideration, the fair value of the shares of $0.4 million was recorded in accumulated deficit, while the amounts paid in excess of the fair value of common stock at the time of purchase of $0.1 million was recorded as compensation expense. The Company had reserved shares of common stock for future issuance as of December 31, 2020 and 2019 as follows (in thousands): December 31, 2020 2019 Redeemable convertible preferred stock, all series 126,409 99,972 Warrants to purchase common stock 1,081 875 Common stock options outstanding 49,206 48,763 Shares available for future grant of equity awards 1,921 1,419 Total shares of common stock reserved 178,617 151,029 Common Stock Warrants paid-in 10-year In the event of an acquisition in which the fair market value of one share is greater than the warrant exercise price as of the date of the acquisition, all outstanding and unexercised warrant shall automatically be deemed to be cashless exercised immediately prior to the consummation of the acquisition. In the event of an acquisition where the fair market value per share is less than the warrant exercise price in effect immediately prior to the acquisition, then warrant will expire immediately prior to the consummation of the acquisition. 2015 and 2017 Term Loan Warrants 2018 Term Loan Warrants 2020 Term Loan Warrants

Stock Plan

Stock Plan	12 Months Ended
	Dec. 31, 2020
Share-based Payment Arrangement [Abstract]
Stock Plan	10. STOCK PLAN 2011 Stock Incentive Plan non-qualified Since the inception of the 2011 Stock Plan, the Company’s Board and its stockholders have voted to increase the shares of common stock reserved under the plan on several occasions. As of December 31, 2020 and 2019, 66.5 million and 58.2 million shares, respectively, were authorized under the 2011 Stock Plan. Shares forfeited due to employee termination or expiration are returned to the share pool. Similarly, shares withheld upon exercise to provide for the exercise price and/or taxes due and shares repurchased by the Company are also returned to the pool. Stock options are granted with exercise prices not less than 100% of the fair value of the common stock on the date of issuance and, for 10% stockholders, not less than 110%. Equity awards vest over a period of time as determined by the Board, generally over a four-year period, and stock options expire 10 years from the date of grant ( 5 non-transferable. non-Board 12-month Shares Available for Future Grant Stock Option Activity Options Outstanding Weighted- Average Number of Weighted- Aggregate Balance—January 1, 2019 24,482 $ 0.28 7.3 $ 3,555 Granted 29,030 0.66 Exercised (2,080 ) 0.22 Expired or canceled (2,670 ) 0.42 Balance—December 31, 2019 48,762 $ 0.50 8.1 $ 7,698 Granted 13,349 0.81 Exercised (7,293 ) 0.21 Expired or canceled (5,612 ) 0.54 Balance—December 31, 2020 49,206 $ 0.62 8.1 $ 245,565 (1) Option vested and exercisable—December 31, 2020 20,935 $ 0.50 7.2 $ 107,029 (1) (1) As corrected to reflect the common stock fair market value per share as of December 31, 2020. The weighted-average grant date fair value of options granted were $0.33 and $0.27 per share as of December 31, 2020 and 2019, respectively. The aggregate intrinsic value of the options exercised, and total grant-date fair value of awards vested were $3.6 million and $0.9 million and $2.3 million and $1.6 million, during the years ended December 31, 2020 and 2019, respectively. The weighted-average remaining contractual life of vested and expected to vest options is 8.1 years as of December 31, 2020 and 2019. Total compensation cost related to non-vested Employee Stock-based Compensation In March 2019, the Company granted 0.9 million performance-based stock option awards to a senior executive. The award shall vest and become exercisable upon the consummation of the earlier of a change in control or an initial public offering (“IPO”), subject to certain share price targets. The vesting of the award also requires employment up to the consummation of the change in control or IPO. As of December 31, 2020, no stock-based compensation has been recognized for the stock options because a change in control transaction or an IPO has not yet occurred. The term of the awards was modified in March 2021. See Note 15. In August and November 2020, the company settled 1.3 million paid-in Employee Stock Options Valuation of highly subjective assumptions, which affect the fair value of each stock option. The assumptions used to estimate the fair value of stock options granted during the years ended December 31, 2020 and 2019 were as follows: Year Ended December 31, 2020 2019 Expected volatility 38.5 – 45.0% 38.4 – 39.1% Expected term 5.5 – 6.1 Years 5.9 – 6.4 Years Risk-free interest rate 0.3 – 1.5% 1.6 – 2.4% Expected dividend yield 0% 0% Stock-Based Compensation Expense Year ended 2020 2019 Costs of revenue $ 135 $ 32 Research and development 624 427 Selling, general, and administrative 1,746 1,371 Stock-based compensation, net of amounts capitalized 2,505 1,830 Capitalized stock-based compensation 146 56 Total stock-based compensation $ 2,651 $ 1,886 There was no nonemployee stock-based compensation expense for the years ended December 31, 2020 and 2019. The amount of cash received by the Company for the exercise of share options

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Income Taxes	11. INCOME TAXES The components of the net loss before income taxes, determined by jurisdiction, for the years ended December 31, 2020 and 2019 were as follows (in thousands): Year Ended 2020 2019 United States $ (14,294 ) $ (32,136 ) Foreign 350 241 Loss before income taxes $ (13,944 ) $ (31,895 ) The provision for income taxes for the years ended December 31, 2020 and 2019, were as follows (in thousands): Year Ended 2020 2019 Current State $ 8 $ 3 International 69 62 Total current tax expense 77 65 Total deferred tax expense — — Total tax expense $ 77 $ 65 The components of the deferred tax assets for the years ended December 31, 2020 and 2019, consisted of the following (in thousands): Year Ended 2020 2019 Deferred tax assets: Net operating loss carryforwards $ 29,734 $ 27,510 Research and development credits carryforward 5,009 3,975 Accruals 988 509 Other 62 71 Interest expense carryforward 566 278 Fixed assets 128 140 Stock-based compensation 604 413 Total deferred tax assets $ 37,091 $ 32,896 Less: valuation allowance (35,023 ) (31,081 ) Deferred tax liabilities: Intangibles (1,876 ) (1,710 ) Deferred commissions (192 ) (105 ) Total deferred tax liabilities (2,068 ) (1,815 ) Net deferred tax assets $ — $ — ASC 740, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes The table below presents the changes in the valuation allowance for deferred tax assets for the years ended December 31, 2020 and 2019 (in thousands): Description Balance at Additions Write-offs Balance Valuation allowance for deferred tax assets For the Year Ended December 31, 2020 31,081 3,942 — 35,023 For the Year Ended December 31, 2019 23,150 7,931 — 31,081 Net operating loss and tax credit carryforwards as of December 31, 2020 were as follows (in thousands): Amount Expiration Years NOLs, federal (Post December 31, 2017) $ 59,316 Do Not Expire NOLs, federal (Pre January 1, 2018) 61,397 12/31/2031 NOLs, state 65,315 12/31/2032 Tax credits, federal 5,312 12/31/2032 Tax credits, state $ 3,843 Do Not Expire On December 22, 2017, the Tax Cuts and Jobs Act was signed into law, which resulted in significant changes to the Internal Revenue Code. The new law provides for an indefinite carryforward of NOLs but limits the NOLs deduction to 80 20-year The effective tax rate of the Company’s provision for income taxes differed from the federal statutory rate as of December 31, 2020 and 2019, and was as follows: December 31, 2020 2019 Statutory federal income benefit rate 21.0 % 21.0 % State income tax rate 7.01 3.90 Change in valuation allowance (28.27 ) (24.85 ) Research and development credits 2.86 0.73 Other (0.80 ) (0.45 ) Convertible notes—nondeductible (1.57 ) — Stock-based compensation (0.89 ) (0.53 ) Foreign rate differential 0.03 (0.03 ) Effective tax rate (0.63 )% (0.23 )% A reconciliation of the Company’s unrecognized tax benefits for the years ended December 31, 2020 and 2019, was as follows (in thousands): Year Ended 2020 2019 Unrecognized tax benefits—beginning $ 2,906 $ 2,441 Gross Increases—prior-year unrecognized tax benefits — — Gross Increases—current-year unrecognized tax benefits 756 465 Unrecognized tax benefits—ending $ 3,662 $ 2,906 The entire amount of the unrecognized tax benefits would not impact the Company’s effective tax rate if recognized. During the years ended December 31, 2020 and 2019, the Company did not recognize accrued interest and penalties related to unrecognized tax benefits. The Company does not anticipate that the amount of existing unrecognized tax benefits will significantly increase or decrease during the next 12 months. The Company files income tax returns in the US for federal, California, and several state tax jurisdictions. The federal and state income tax returns from inception since 2011 to December 31, 2020, remain subject to examination.

Net Income (Loss) Attributable

Net Income (Loss) Attributable to Common Stockholders	12 Months Ended
	Dec. 31, 2020
Earnings Per Share [Abstract]
Net Income (Loss) Attributable to Common Stockholders	12. NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS Net loss per share attributable to common stockholders was computed by dividing net loss by the weighted-average number of common shares outstanding for the years ended December 31, 2020 and 2019 (in thousands, except per share data): Year ended December 31, 2020 2019 Numerator : Net loss attributable to common stockholders $ (14,021 ) $ (31,960 ) Denominator: Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted 32,841 31,108 Net loss per share attributable to common stockholders, basic and diluted $ (0.43 ) $ (1.03 ) The potential shares of common stock were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented because including them would have been antidilutive for Year ended December 31, 2020 2019 Redeemable convertible preferred stock, all series 126,409 99,972 Warrants to purchase common stock 1,081 875 Common stock options outstanding 49,206 48,762 Total potentially dilutive common share equivalents 176,696 149,609

Related Party Disclosures

Related Party Disclosures	12 Months Ended
	Dec. 31, 2020
Related Party Transactions [Abstract]
Related-Party Transactions	13. RELATED-PARTY TRANSACTIONS From January 2020 to March 2020, Matterport issued convertible promissory 2020 Notes Co-Invest

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2020
Retirement Benefits [Abstract]
Employee Benefit Plans	14. EMPLOYEE BENEFITS PLANS The Company has a defined-contribution retirement and savings plan intended to qualify under Section 401 of the Internal Revenue Code (the “401(k) Plan”) covering substantially all US employees. The 401(k) Plan allows each participant to contribute up to an amount not to exceed an annual statutory maximum. The Company contracted with a third-party provider to act as a custodian and trustee and to process and maintain the records of participant data. Substantially all of the expenses incurred for administering the 401(k) Plan are paid by the Company. For the years ended December 31, 2020 and 2019, the Company made $0.2 million and $0.6 million, respectively, of discretionary matching contribution. The Company contributes to a defined-contribution pension plan for eligible employees in the U.K. Pension plan benefits are based primarily on participants’ compensation and years of service credited as specified under the terms of the plan. For the years ended December 31, 2020 and 2019, the Company made $0.2 million and $0.1 million, respectively, of matching contributions to the U.K. pension plan.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2020
Subsequent Events [Abstract]
Subsequent Events	15. SUBSEQUENT EVENTS The Company has evaluated subsequent events through April 5, 2021, the issued, In February 2021, the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Gores Holdings VI Inc. (“Gores”), Maker Merger Sub, Inc. (“First Merger Sub”), and Maker Merger Sub II, LLC (“Second Merger Sub”), which provides for, among other things: (a) the merger of First Merger Sub with and into the Company, with the Company continuing as the surviving corporation (the “First Merger”); and (b) immediately following the First Merger and as part of the same overall transaction as the First Merger, the merger of the Company with and into Second Merger Sub, with Second Merger Sub continuing as the surviving corporation and a wholly owned subsidiary of Gores (the “Second Merger” and, together with the First Merger and the other transactions contemplated by the Merger Agreement, the “Merger”). In February 2021, the holders of all of the Company’s outstanding warrants agreed to exercise their warrants contingent upon, and effective immediately prior to, the consummation of the First Merger. In February 2021, the Company amended and restated its certificate of incorporation to include a merger with or into or consolidation with Gores Holdings VI, Inc., a Delaware corporation, or one or more of its subsidiaries (whether or not the Company is the surviving entity of such merger or consolidation), in the definition of “Liquidation Event”. In February 2021, the Company amended and restated 2011 Stock Plan which allows the Company to grant restricted stock units (“RSUs”) and extended the terms of the plan until February 12, 2022, unless terminated earlier. The Company approved and granted a total of 1,353,200 shares of RSUs awards to certain employees under the amended and restated 2011 Stock Plan in February 2021. In March 2021, the Company amended the performance condition of the performance-based stock option awards to a senior executive and as a result the award shall vest and become exercisable upon the closing of the Merger. The modification will result in a Type IV modification and the fair value of the stock option awards remeasured as of the modification date will be recognized upon the closing of the Merger, which will be approximately $8.2 million. Events Subsequent to Original Issuance of Consolidated Financial Statements (unaudited) In connection with the reissuance of the financial statements, the Company has evaluated subsequent events through November 19, 2021, the date the financial statements were available to be reissued. On July 22, 2021, in connection with the Merger, the Company raised gross proceeds of $ million, including the contribution of $ million of cash held in Gores’ trust account from its initial public offering and an aggregate purchase price of $ million in a private placement pursuant to the subscription agreements (“Private Investment in Public Equity” or “PIPE) at $ per share of Gores’ Class A common stock. The Company paid $ million to Gores’ stockholders who redeemed Gores’ Class A common stock immediately prior to the Closing. The Company and Gores incurred $ million and $ million transaction costs, respectively. The total transaction cost was $ million, consisting of underwriting, legal, and other professional fees. The aggregate consideration paid to Legacy Matterport stockholders in connection with the Merger (excluding any potential Earn-Out Shares), was shares of the Company Class A common stock, par value $ per share. The Per Share Matterport Stock Consideration was equal to approximately (the “Exchange Ratio”). The following transactions were completed concurrently upon the Closing: • Immediately prior to the Closing, 52,236 shares Series D redeemable convertible preferred stock of Legacy Matterport were issued to a customer of Legacy Matterport. • each issued and outstanding share of Legacy Matterport preferred stock was canceled and converted into the right to receive a total of 126,460,926 shares of the Matterport Class A common stock; • each Legacy Matterport warrant was exercised in full in exchange for the issuance of 1,038,444 shares of Matterport Class A common stock to the holder of such Matterport Warrants; • each issued and outstanding share of Legacy Matterport common stock (including the items mentioned in above points) was canceled and converted into the right to receive an aggregate number of shares of Class A common stock equal to the Per Share Matterport Stock Consideration; • each outstanding vested and unvested Legacy Matterport common stock option was converted into a rollover option, exercisable for shares of Matterport Class A common stock with the same terms except for the number of shares exercisable and the exercise price, each of which was adjusted using the Per Share Matterport Stock Consideration; and • each outstanding and unvested Legacy Matterport RSU was converted into a rollover RSU for shares of Matterport Class A common stock with the same terms except for the number of shares, which were adjusted using the Per Share Matterport Stock Consideration On July 22, 2021, the Company approved the 2021 Incentive Award Plan (“2021 Plan”) and the 2021 Employee Stock Purchase Plan (“2021 ESPP”). At closing of the Merger, Legacy Matterport Stockholders and certain holders of Legacy Matterport Stock Options and RSUs are entitled to receive a number of Earn-out Earn-out Earn-out Earn-out The Company repaid in full the Line of Credit of $3.0 million and the 2019 Term Loan of $2.4 million of principal outstanding during the nine months ended September 30, 2021. The company repaid in full the 2018 Term loan of $5.6 million during the nine months ended September 30, 2021, including a $0.5 million required final payment fee pursuant to the 2018 Agreement and $0.1 million prepayment fee as the Company fully repaid the 2018 Term Loan in July 2021. The Company recorded $0.1 million loss on the extinguishment for the three months ended September 30, 2021. The Company started repayment of principal of 2020 Term Loan in May 2021 and repaid in full the 2020 Term Loan of $2.0 million of principal outstanding during the nine months ended September 30, 2021. The Company recorded $0.1 million loss on the 20 20

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”).
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation.
Segment Information	Segment information The Company manages its operations and allocates resources as a single operating segment. Further, the Company manages, monitors, and reports its financial results as a single reporting segment. The Company’s chief operating decision-maker is its Chief Executive Officer, who reviews financial information presented on a consolidated basis for purposes of making operating decisions, assessing financial performance, and allocating resources. For revenue by geography, please refer to Note 3. Substantially, all of the Company’s long-lived assets are located in the United States.
Concentration of Credit Risk and Other Risks and Uncertainties	Concentration of Credit Risk and Other Risks and Uncertainties Financial instruments that subject the Company to concentrations of credit risk consist primarily of cash and accounts receivable. The Company maintains its cash balances in accounts held by major banks and financial institutions located in the United States. Such bank deposits from time to time may be exposed to credit risk in excess of the Federal Deposit Insurance Corporation insurance limit, and the Company considers such risk to be minimal. The Company’s accounts receivable is derived from customers located both inside and outside the United States. The Company mitigates its credit risks by performing ongoing credit evaluations of the financial condition of its customers and requires advance payment from customers in certain circumstances. The Company generally does not require collateral from its customers. No customer accounted for more than 10% of the Company’s total accounts receivable at December 31, 2020 and 2019. No customer accounted for more than 10% of the
Liquidity and Capital Resources	Liquidity and Capital Resources The Company has incurred net losses of $14.0 million and $32.0 million for the years ended December 31, 2020 and, 2019, respectively. The Company has historically funded the net cash needed for operating and investing activities through the sale of equity and through debt financing. Before considering management’s plans described below, the Company expects that its cash and cash and cash equivalents will be sufficient to fund its forecasted operating expenses, working capital requirements and capital expenditures through the first quarter of 2022. The Company plans to raise additional liquidity in connection with the completion of the Merger (see Note 15). If the Company is unable to complete the Merger the Company’s plan is to cease increasing spending levels for labor, and sales and marketing programs, and will also reduce discretionary spending, including reducing its direct and indirect labor, reducing sales and marketing costs and focusing its available capital on a reduced number of prioritized activities and programs, in order to have sufficient liquidity to fund its operations for at least one year from the date of the issuance of these financial statements.
Cash and Cash Equivalents and Restricted Cash	Cash, Cash Equivalents, and Restricted Cash The Company considers all highly liquid investments purchased with an The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported on the consolidated balance sheets as of December 31, 2020 2019 Cash and cash equivalents $ 51,850 $ 8,424 Restricted cash 400 1,728 Total cash, cash equivalents, and restricted cash $ 52,250 $ 10,152 The Company had restricted cash of $0.4 million and $1.7 million as of December 31, 2020 and 2019, respectively. The restricted cash of
Accounts Receivable, Net	Accounts Receivable, Net Accounts receivable consists of current trade receivables due from customers recorded at the invoiced amount, net of allowances for doubtful accounts. The Company’s accounts receivable primarily represent amounts due from customers arising from revenue and are stated at the amount the Company expects to collect from outstanding balances. On a periodic basis, the Company evaluates accounts receivable estimated to be uncollectible and provides allowances, as necessary, for doubtful accounts. As of December 31, 2020 and 2019, the allowance for doubtful accounts was $0.8 million and $0.3 million, respectively.
Fair Value Measurement	Fair Value Measurement The Company accounts for certain of its financial assets and liabilities at fair value. The Company uses a three-level hierarchy, which prioritizes, within the measurement of fair value, the use of market-based information over entity-specific information for fair value measurements based on the nature of inputs used in the valuation of an asset or liability as of the measurement date. Fair value focuses on an exit price and is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The inputs or methodology used for valuing financial instruments are not necessarily an indication of the risk associated with investing in those financial instruments. The three-level hierarchy for fair value measurements is defined as follows: Level 1 Level 2 Level 3 The Company has investments in U.S. treasury bills, and they were classified as cash equivalents on the consolidated balance sheets. The Company classifies the U.S. treasury bills within Level 1 because the Company uses quoted prices and models to determine their fair value. The Company’s assets and liabilities that were measured at fair value on a recurring basis were as follows (in thousands): December 31, 2020 Description: Total Level 1 Level 2 Level 3 Cash equivalents: U.S. Treasury securities $ 43,116 $ 43,116 $ — $ — Total cash equivalents $ 43,116 $ 43,116 $ — $ — December 31, 2019 Description: Total Level 1 Level 2 Level 3 Cash equivalents: U.S. Treasury securities $ 2,963 $ 2,963 $ — $ — Total cash equivalents $ 2,963 $ 2,963 $ — $ — Accounts receivable and accounts payable are carried at cost, which approximates fair value due to the short maturity of these instruments. Short-term and long-term debt is carried at amortized cost, which approximates its fair value based on borrowing rates as of December 31, 2020 available to the Company for loans with similar terms. The fair value of the Company’s debt is determined based on Level 2 inputs using primarily observable markets.
Deferred Commission, Net	Deferred Commission, Net Incremental costs of obtaining a contract with a customer consist primarily of direct sales commissions incurred upon execution of the contract. These costs require capitalization under ASC 340-40, Other Assets and Deferred Costs—Contracts and Customers $ million and $ million for the and , respectively .
Advertising Costs	Advertising Costs Advertising costs are expensed as incurred and included in selling, general, and administrative in the consolidated statements of operations and comprehensive loss. Advertising expense was $4.1 million and $6.6 million for the years ended December 31, 2020 and 2019, respectively.
Accounting Pronouncements	Accounting Pronouncements The Company is provided the option to adopt new or revised accounting guidance as an “emerging growth company” under the Jumpstart Our Business Startups Act of 2012 either (1) within the same periods as those otherwise applicable to public business entities or (2) within the same time periods as nonpublic business entities, including early adoption when permissible. With the exception of standards the Company elected to early adopt, when permissible, the Company has elected to adopt new or revised accounting guidance within the same time period as non-public Recently Adopted Accounting Standards In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers Topic 606 No. 2014-09 In January 2016, the FASB issued ASU No. 2016-01, Financial Instruments—Overall (Subtopic 825-10): No. 2016-01 available-for-sale No. 2016-01 In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments No. 2016-15 In November 2016, the FASB issued ASU No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash No. 2016-18 No. 2016-18, In June 2018, the FASB issued ASU No. 2018-07, Compensation—Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting non-employees non-employees No. 2018-07 Recently Issued Accounting Standards Not yet Adopted In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842). right-to-use No. 2016-02 In June 2016, the FASB issued ASU No. 2016-13, Financial instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments No. 2016-13 In August 2018, the FASB issued ASU No. 2018-15, Intangibles—Goodwill and Other— Internal-Use 350-40): internal-use 350-40. No. 2018-15, No. 2018-15 No. 2018-15 No. 2018-15 In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes No. 2019-12 No. 2019-12 No. 2019-12 No. 2019-12 In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting No. 2020-04 In August 2020, the FASB issued ASU No. 2020-06, 815-40): if-converted No. 2020-06 F-1 7
Inventories	Inventories Inventories consist primarily of finished goods, assemblies, and raw materials. Assemblies are generally purchased from contract manufacturers. Inventories are valued at the lower of cost or net realizable value. Costs are determined using standard cost, which approximates actual cost on a first-in, first-out The Company recorded a provision for excess and obsolete inventory to cost of revenue totaling $0.1 million in the years ended December 31, 2020 and 2019.
Property and Equipment, Net	Property and Equipment, Net Property and equipment are stated at cost, less accumulated depreciation and are depreciated on a straight- line basis over their estimated useful lives as follows: Machinery and equipment 2- 7 years Furniture and fixtures 3 years Capitalized software and development costs 3 years Leasehold improvements Shorter of remaining lease term or 10 years Upon retirement or sale, the cost and related accumulated depreciation are removed from the consolidated balance sheets and the resulting gain or loss is reflected in general and administrative expenses in the consolidated statements of operations and comprehensive loss. Maintenance and repairs are charged to operations as incurred.
Long-Lived Assets, Net	Long-Lived Assets, Net The Company evaluates the recoverability of its property and equipment and finite-lived intangible assets for possible impairment whenever events not be recoverable. The evaluation is performed at the lowest level for which impairment of long-lived assets for the years ended and . Acquired property and equipment and finite-lived intangible assets are amortized over their useful lives. The Company evaluates the estimated remaining useful life of these assets when events or changes in circumstances warrant a revision to the remaining period of amortization. If the Company revises the estimated useful life assumption for any asset, the remaining unamortized balance is amortized or depreciated over the revised estimated useful life on a prospective basis.
Comprehensive Loss and Foreign Currency Translation	Comprehensive Loss and Foreign Currency Translation The functional currency of Matterport, Inc. and its wholly owned subsidiary in Singapore is the U.S. dollar. Matterport, Inc.’s United Kingdom (“U.K.”) subsidiary uses the British Pound as its functional currency to maintain its books and records. Matterport, Inc., therefore, translates its monetary assets and liabilities for its subsidiaries with a functional currency other than the U.S. dollar by using the applicable exchange rate as of the consolidated balance sheet date, and the consolidated statements of operations and comprehensive loss and consolidated statements of cash flows are translated at average exchange rates during the reporting period. Equity accounts are translated at historical rates. Adjustments resulting from the translation of the consolidated financial statements are recorded as accumulated other comprehensive income or loss. For transactions that occur in a foreign currency other than the functional currency of Matterport, Inc. or its subsidiaries, the Company records the transaction at the applicable rate on the date of recognition. Monetary assets and liabilities are remeasured at each consolidated balance sheet date until settled and changes are reported as transaction gains or losses in other income (expense), net in the consolidated statements of operations and comprehensive loss.
Revenue Recognition	Revenue Recognition The Company adopted Accounting Standards Codification (“ASC”) Topic 606, Revenue from Contracts with Customers Nature of Revenue The Company recognizes revenue from subscription, license, services and sale of products. Subscription— . add-ons Subscription fees are invoiced in advance of the service being provided to the customer. Typical payment terms provide that customers pay within 30 days of invoice. The portion of the transaction price allocated to the subscription is recognized ratably over the subscription term, which typically ranges from one month to a year as the Company’s management has concluded that the nature of the Company’s promise to the customer is to provide continuous access to the Matterport platform, which represents a stand-ready obligation provided throughout the subscription period. Annual and monthly subscriptions are renewed automatically at the end of each term. The Company’s contracts with customers typically do not include termination rights for convenience, nor do they include terms with a significant financing component. License right-to-use Services add-on add-on Product— . The Company accounts for shipping and handling activities related to contracts with customers as costs to fulfill the Company’s promise to transfer the associated products, rather than as a separate performance obligation. Accordingly, the Company records amounts billed for shipping and handling costs as a component of net product sales, and classifies such costs as a component of cost of products. Arrangements with Multiple Performance Obligations The Company’s contracts with customers frequently include multiple performance obligations that may consist of subscription, license, services and products. For these contracts, the transaction price is allocated to each performance obligation on a relative SSP. The SSP is the price at which the Company would sell a promised product or service separately to a customer. Judgment is required to determine the SSP for each distinct performance obligation. The Company determines SSP based on the Company’s best estimates and judgments by considering its pricing strategies, historical selling price of these performance obligations in similar transactions, bundling and discounting practices, customer and geographic information, and other factors. More than one SSP may exist for individual goods and services due to the stratification of those goods and services, considering attributes such as the size of the customer and geographic region. The allocation of transaction price among performance obligations in a contract may impact the amount and timing of revenue recognized in the consolidated statements of operations and comprehensive loss during a given period.
Research and Development Costs	Research and Development Costs Research and development costs are expensed as incurred and consist primarily of salaries, consulting services, and other direct expenses.
Internal-Use Software Development Costs	Internal-Use Software Development Costs The Company capitalizes certain costs related to developed or modified software solely for its internal use and cloud-based applications used to deliver the Matterport platform. The Company capitalizes costs during the application development stage once the preliminary project stage is complete, management authorizes and commits to funding the project, and it is probable that the project will be completed and that the software will be used to perform the function intended. Costs related to preliminary project activities and post-implementation activities are expensed as incurred.
Stock-Based Compensation	Stock-Based Compensation The Company measures and records the expense related to stock-based payment awards based on the fair value of those awards as determined on the date of grant. The Company recognizes stock-based compensation expense over the requisite service period of the individual grant, generally equal to the vesting period and uses the straight-line method to recognize stock-based compensation. For stock options with performance conditions, the Company records compensation expense when it is deemed probable that the performance condition will be met. The Company accounts for forfeitures as they occur. The Company selected the Black-Scholes option- pricing model as the method for determining the estimated fair value for stock options. The Black-Scholes option-pricing model requires the use of highly subjective and complex assumptions, which determine the fair value of stock-based awards, including the option’s expected term and the price volatility of the underlying stock. The Company calculates the fair value of options granted by using the Black-Scholes option-pricing model with the following assumptions: Expected Volatility Expected Term historical information to develop reasonable expectations about future exercise patterns and post-vesting employment termination behavior. Risk-Free Interest Rate Dividend Yield
Common Stock Valuation	Common Stock Valuation In the absence of a public trading market for the Company’s common stock, on each grant date, the fair value of the Company’s common stock is determined by the Company’s board of directors with inputs from management, taking into account the most recent valuations from an independent third-party valuation specialist. The valuations of the Company’s common stock are determined in accordance with the guidelines outlined in the American Institute of Certified Public Accountants Practice Aid, Valuation of Privately-Held-Company Equity Securities Issued as Compensation. The Company uses a hybrid method utilizing a combination of the option-pricing model and the probability weighted expected return method (“PWERM”) to allocate the Company’s equity value among outstanding common stock. After the allocation to the various classes of equity securities, a discount for lack of marketability is applied to arrive at a fair value of common stock. Application of these approaches and methodologies involves the use of estimates, judgments and assumptions that are highly complex and subjective, such as those regarding the Company’s expected future revenue, expenses and future cash flows, discount rates, market multiples, the selection of comparable public companies, and the probability of and timing associated with possible future events.
Redeemable Convertible Preferred Stock	Redeemable Convertible Preferred Stock The Company records redeemable convertible preferred stock at fair value on the dates of issuance, net of issuance costs. The Company classifies its redeemable convertible preferred stock as mezzanine equity outside of stockholders’ deficit when the stock contains contingent redemption features that are not solely within the Company’s control. The Company does not adjust the carrying values of shares of its redeemable convertible preferred stock to the liquidation preferences of such shares until it is reasonably certain that the event that would obligate the Company to pay the liquidation preferences to the holders of the redeemable convertible preferred stock will occur.
Common Stock Warrants	Common Stock Warrants The Company generally accounts for warrants issued in connection with debt and equity financings as a component of equity unless the warrants include a conditional obligation to issue a variable number of shares or if there is a deemed possibility that the Company may need to settle the warrants in cash, in which case the Company records the fair value of the warrants as a liability. All the Company’s outstanding warrants as of December 31, 2020 and 2019, were classified as equity.
Income Taxes	Income Taxes The Company utilizes the asset and liability method for computing its income tax provision. Deferred tax assets and liabilities reflect the expected future consequences of temporary differences between the financial reporting and tax bases of assets and liabilities as well as operating loss, capital loss, and tax credit carryforwards, using enacted tax rates. The Company’s management makes estimates, assumptions, and judgments to determine the Company’s provision for income taxes, deferred tax assets and liabilities, and any valuation allowance recorded against deferred tax assets. The Company assesses the likelihood that its deferred tax assets will be recovered from future taxable income and, to the extent the Company believes recovery is not likely, establishes a valuation allowance. The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not the tax position will be sustained on examination by the taxing authorities based on the technical merits of the position. The tax benefits recognized from such positions are then measured based on the largest benefit that has a greater than 50% likelihood of being realized upon settlement.
Net Loss per Share Attributable to Common Stockholders	Net Loss per Share Attributable to Common Stockholders Basic and diluted net loss per share attributable to common stockholders is presented in conformity with the two-class two-class Under the two-class Diluted earnings per share attributable to common stockholders adjusts basic earnings per share for the potentially dilutive impact of stock options, warrants, and redeemable convertible preferred stock. As the Company has reported loss for the periods presented, all potentially dilutive securities are antidilutive, and accordingly, basic net loss per share equals diluted net loss per share.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
Summary of reconciliation of cash, cash equivalents, and restricted cash	The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported on the consolidated balance sheets as of December 31, 2020 2019 Cash and cash equivalents $ 51,850 $ 8,424 Restricted cash 400 1,728 Total cash, cash equivalents, and restricted cash $ 52,250 $ 10,152
Schedule of Financial Assets Measured at Fair Value on a Recurring Basis	The Company’s assets and liabilities that were measured at fair value on a recurring basis were as follows (in thousands): December 31, 2020 Description: Total Level 1 Level 2 Level 3 Cash equivalents: U.S. Treasury securities $ 43,116 $ 43,116 $ — $ — Total cash equivalents $ 43,116 $ 43,116 $ — $ — December 31, 2019 Description: Total Level 1 Level 2 Level 3 Cash equivalents: U.S. Treasury securities $ 2,963 $ 2,963 $ — $ — Total cash equivalents $ 2,963 $ 2,963 $ — $ —
Summary of Property and Equipment, Net	Property and equipment are stated at cost, less accumulated depreciation and are depreciated on a straight- line basis over their estimated useful lives as follows: Machinery and equipment 2- 7 years Furniture and fixtures 3 years Capitalized software and development costs 3 years Leasehold improvements Shorter of remaining lease term or 10 years

Revenue (Tables)

Revenue (Tables)	12 Months Ended
	Dec. 31, 2020
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following table shows the revenue by geography for the years ended December 31, 2020 and 2019 (in thousands): Year Ended December 31, 2020 2019 United States $ 52,093 $ 31,298 International 33,791 14,711 Total revenue $ 85,884 $ 46,009 The following table shows over time versus point-in-time Year Ended December 31, 2020 2019 Over time revenue $ 49,260 $ 27,397 Point-in-time 36,624 18,612 Total $ 85,884 $ 46,009
Contract Balances	The timing of revenue recognition differs from the timing of invoicing to customers and this timing difference results in contract liabilities (deferred revenue) on the Company’s consolidated balance sheets. The contract balances as of December 31, 2020 and 2019 were as follows (in thousands): December 31, 2020 2019 Accounts receivable, net $ 2,700 $ 1,032 Unbilled accounts receivable 1,224 475 Deferred revenue 4,903 2,373

Balance Sheet Components (Table

Balance Sheet Components (Tables)	12 Months Ended
	Dec. 31, 2020
Balance Sheet Related Disclosures [Abstract]
Allowance for Doubtful Accounts	Allowance for doubtful accounts as of December 31, 2020 and 2019 were as follows (in thousands): December 31, 2020 2019 Balance—beginning of year $ (337 ) $ (49 ) Increase in reserves (846 ) (356 ) Write-offs 384 68 Balance—end of year $ (799 ) $ (337 )
Inventories	Inventories as of December 31, 2020 and 2019, consisted of the following (in thousands): December 31, 2020 2019 Finished goods $ 538 $ 361 Work in process 2,219 945 Purchased parts and raw materials 889 595 Total inventories $ 3,646 $ 1,901
Prepaid Expenses and Other Current Assets	Prepaid expenses and other current assets as of December 31, 2020 and 2019 consisted of the following (in thousands): December 31, 2020 2019 Prepaid subscription $ 1,084 $ 564 Prepaid materials 983 493 Prepaid rent and security deposit 145 201 Other prepaid expenses and current assets 241 526 Total prepaid expenses and other current assets $ 2,453 $ 1,784
Property, Plant and Equipment, Net	Property and equipment as of December 31, 2020 and 2019, consisted of the following (in thousands): December 31, 2020 2019 Machinery and equipment $ 1,435 $ 1,422 Furniture and fixtures 359 369 Leasehold improvements 733 726 Capitalized software and development costs 18,126 13,125 Total property and equipment 20,653 15,642 Accumulated depreciation and amortization (12,443 ) (7,672 ) Total property and equipment, net $ 8,210 $ 7,970
Accrued Expenses and Other Current Liabilities	Accrued expenses and other current liabilities as of December 31, 2020 and 2019, consisted of the following (in thousands): December 31, 2020 2019 Accrued compensation $ 3,208 $ 509 Tax payable 1,164 1,525 Other current liabilities 2,623 1,104 Total accrued expenses and other current liabilities $ 6,995 $ 3,138

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2020
Debt Disclosure [Abstract]
Schedule of Debt Obligations	Debt obligations as of December 31, 2020 and 2019, consisted of the following (in thousands): December 31, 2020 2019 Line of credit $ 3,000 $ 3,000 2019 Term Loan 2,417 3,000 2018 Term Loan 5,650 8,815 2020 Term Loan 2,000 — Total debt 13,067 14,815 Less: unamortized debt discount (350 ) (437 ) Total debt, net of debt discount 12,717 14,378 Less: current portion of long-term debt (8,215 ) (6,748 ) Long-term debt $ 4,502 $ 7,630
Schedule of Maturities of Long-term Debt	The future principal payments and final payment fee for the Company’s outstanding debt obligations as of December 31, 2020 were as follows (in thousands): December 31, 2021 $ 8,215 2022 4,102 2023 750 2024 — Total $ 13,067

Commitment and Contingencies (T

Commitment and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Future Minimum Operating Lease Payments and Purchase Obligations	As of December 31, 2020 and 2019, future minimum operating lease payments and purchase obligations are as follows (in thousands): Operating Purchase Total 2021 $ 1,383 $ 3,859 $ 5,242 2022 1,301 — 1,301 2023 1,339 — 1,339 2024 1,306 — 1,306 2025 207 — 207 Thereafter — — — Total $ 5,536 $ 3,859 $ 9,395

Redeemable Convertible Prefer_2

Redeemable Convertible Preferred Stock (Tables)	12 Months Ended
	Dec. 31, 2020
Temporary Equity Disclosure [Abstract]
Schedule of Redeemable Convertible Preferred Stock	As of December 31, 2020 and 2019, the Company’s redeemable convertible preferred stock consisted of the following balances (in thousands, except per share amounts): December 31, 2020 Convertible preferred stock: Original Issuance Price Shares Authorized Shares Issued and Outstanding Shares of Carrying Value Aggregate Liquidation Preference Dividend Rate Series Seed redeemable $ 0.3507 24,861 24,861 24,861 $ 7,350 $ 8,720 8.0 % Series A-1 redeemable $ 0.4261 7,570 7,570 7,570 3,165 3,226 8.0 % Series B redeemable $ 0.8194 19,527 19,527 20,957 15,905 16,000 8.0 % Series C redeemable $ 1.7194 30,730 30,727 30,727 52,696 52,832 8.0 % Series D redeemable $ 2.0181 42,717 42,294 42,294 85,052 $ 85,353 8.0 % 125,405 124,979 126,409 $ 164,168 $ 166,131 December 31, 2019 Convertible preferred stock: Original Issuance Price Shares Authorized Shares Issued and Outstanding Shares of Carrying Value Aggregate Liquidation Preference Dividend Rate Series Seed redeemable $ 0.3507 24,861 24,861 24,861 $ 7,350 $ 8,720 8.0 % Series A-1 redeemable $ 0.4261 7,570 7,570 7,570 3,165 3,226 8.0 % Series B redeemable $ 0.8194 19,527 19,527 20,957 15,905 16,000 8.0 % Series C redeemable $ 1.7194 30,730 30,727 30,727 52,696 52,832 8.0 % Series D redeemable $ 2.0181 15,857 15,857 15,857 31,862 $ 32,000 8.0 % 98,545 98,542 99,972 $ 110,978 $ 112,778

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2020
Equity [Abstract]
Common Stock Reserved for Future Issuance	The Company had reserved shares of common stock for future issuance as of December 31, 2020 and 2019 as follows (in thousands): December 31, 2020 2019 Redeemable convertible preferred stock, all series 126,409 99,972 Warrants to purchase common stock 1,081 875 Common stock options outstanding 49,206 48,763 Shares available for future grant of equity awards 1,921 1,419 Total shares of common stock reserved 178,617 151,029

Stock Plan (Tables)

Stock Plan (Tables)	12 Months Ended
	Dec. 31, 2020
Share-based Payment Arrangement [Abstract]
Schedule of Stock Option Activity	The following table summarizes the stock option activities under the Company’s stock plans for the years ended December 31, 2020 and 2019 (in thousands, except for share data): Options Outstanding Weighted- Average Number of Weighted- Aggregate Balance—January 1, 2019 24,482 $ 0.28 7.3 $ 3,555 Granted 29,030 0.66 Exercised (2,080 ) 0.22 Expired or canceled (2,670 ) 0.42 Balance—December 31, 2019 48,762 $ 0.50 8.1 $ 7,698 Granted 13,349 0.81 Exercised (7,293 ) 0.21 Expired or canceled (5,612 ) 0.54 Balance—December 31, 2020 49,206 $ 0.62 8.1 $ 245,565 (1) Option vested and exercisable—December 31, 2020 20,935 $ 0.50 7.2 $ 107,029 (1) (1) As corrected to reflect the common stock fair market value per share as of December 31, 2020.
Employee Stock Option Valuation	The assumptions used to estimate the fair value of stock options granted during the years ended December 31, 2020 and 2019 were as follows: Year Ended December 31, 2020 2019 Expected volatility 38.5 – 45.0% 38.4 – 39.1% Expected term 5.5 – 6.1 Years 5.9 – 6.4 Years Risk-free interest rate 0.3 – 1.5% 1.6 – 2.4% Expected dividend yield 0% 0%
Stock-based Compensation Arrangement	The following table presents the amount of stock-based compensation related to stock-based awards to employees in the Company’s consolidated statements of operations and comprehensive loss for the years ended December 31, 2020 and 2019 (in thousands): Year ended 2020 2019 Costs of revenue $ 135 $ 32 Research and development 624 427 Selling, general, and administrative 1,746 1,371 Stock-based compensation, net of amounts capitalized 2,505 1,830 Capitalized stock-based compensation 146 56 Total stock-based compensation $ 2,651 $ 1,886

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Summary of Components of Net Loss	The components of the net loss before income taxes, determined by jurisdiction, for the years ended December 31, 2020 and 2019 were as follows (in thousands): Year Ended 2020 2019 United States $ (14,294 ) $ (32,136 ) Foreign 350 241 Loss before income taxes $ (13,944 ) $ (31,895 )
Summary of Provision for Income Taxes	The provision for income taxes for the years ended December 31, 2020 and 2019, were as follows (in thousands): Year Ended 2020 2019 Current State $ 8 $ 3 International 69 62 Total current tax expense 77 65 Total deferred tax expense — — Total tax expense $ 77 $ 65
Summary of Components of Deferred Tax Assets	The components of the deferred tax assets for the years ended December 31, 2020 and 2019, consisted of the following (in thousands): Year Ended 2020 2019 Deferred tax assets: Net operating loss carryforwards $ 29,734 $ 27,510 Research and development credits carryforward 5,009 3,975 Accruals 988 509 Other 62 71 Interest expense carryforward 566 278 Fixed assets 128 140 Stock-based compensation 604 413 Total deferred tax assets $ 37,091 $ 32,896 Less: valuation allowance (35,023 ) (31,081 ) Deferred tax liabilities: Intangibles (1,876 ) (1,710 ) Deferred commissions (192 ) (105 ) Total deferred tax liabilities (2,068 ) (1,815 ) Net deferred tax assets $ — $ —
Summary of Valuation Allowance for Deferred Tax Assets	The table below presents the changes in the valuation allowance for deferred tax assets for the years ended December 31, 2020 and 2019 (in thousands): Description Balance at Additions Write-offs Balance Valuation allowance for deferred tax assets For the Year Ended December 31, 2020 31,081 3,942 — 35,023 For the Year Ended December 31, 2019 23,150 7,931 — 31,081
Summary of Net Operating Loss and Tax Credit	Net operating loss and tax credit carryforwards as of December 31, 2020 were as follows (in thousands): Amount Expiration Years NOLs, federal (Post December 31, 2017) $ 59,316 Do Not Expire NOLs, federal (Pre January 1, 2018) 61,397 12/31/2031 NOLs, state 65,315 12/31/2032 Tax credits, federal 5,312 12/31/2032 Tax credits, state $ 3,843 Do Not Expire
Summary of Effective Tax Rate of Company's Provision for Income Taxes	The effective tax rate of the Company’s provision for income taxes differed from the federal statutory rate as of December 31, 2020 and 2019, and was as follows: December 31, 2020 2019 Statutory federal income benefit rate 21.0 % 21.0 % State income tax rate 7.01 3.90 Change in valuation allowance (28.27 ) (24.85 ) Research and development credits 2.86 0.73 Other (0.80 ) (0.45 ) Convertible notes—nondeductible (1.57 ) — Stock-based compensation (0.89 ) (0.53 ) Foreign rate differential 0.03 (0.03 ) Effective tax rate (0.63 )% (0.23 )%
Summary of Reconciliation of Unrecognized Tax Benefits	A reconciliation of the Company’s unrecognized tax benefits for the years ended December 31, 2020 and 2019, was as follows (in thousands): Year Ended 2020 2019 Unrecognized tax benefits—beginning $ 2,906 $ 2,441 Gross Increases—prior-year unrecognized tax benefits — — Gross Increases—current-year unrecognized tax benefits 756 465 Unrecognized tax benefits—ending $ 3,662 $ 2,906

Net Loss Attributable to Common

Net Loss Attributable to Common Stockholders (Tables)	12 Months Ended
	Dec. 31, 2020
Earnings Per Share [Abstract]
Net Loss Attributable to Common Stockholders, Basic and Diluted	Net loss per share attributable to common stockholders was computed by dividing net loss by the weighted-average number of common shares outstanding for the years ended December 31, 2020 and 2019 (in thousands, except per share data): Year ended December 31, 2020 2019 Numerator : Net loss attributable to common stockholders $ (14,021 ) $ (31,960 ) Denominator: Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted 32,841 31,108 Net loss per share attributable to common stockholders, basic and diluted $ (0.43 ) $ (1.03 )
Potentially Dilutive Securities Excluded from the Computation of Diluted Net Loss Per Share Attributable to Common Stockholders	The potential shares of common stock were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented because including them would have been antidilutive for Year ended December 31, 2020 2019 Redeemable convertible preferred stock, all series 126,409 99,972 Warrants to purchase common stock 1,081 875 Common stock options outstanding 49,206 48,762 Total potentially dilutive common share equivalents 176,696 149,609

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Cash (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Cash and Cash Equivalents [Line Items]
Restricted cash	$ 400	$ 1,728
Minimum
Cash and Cash Equivalents [Line Items]
Receivables from credit card processors	$ 400
Maximum
Cash and Cash Equivalents [Line Items]
Receivables from credit card processors		$ 1,700

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Summary Of Reconciliation Of Cash, Cash Equivalents, And Restricted Cash (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Accounting Policies [Abstract]
Cash and cash equivalents	$ 51,850	$ 8,424
Restricted cash	400	1,728
Total cash, cash equivalents, and restricted cash	$ 52,250	$ 10,152	$ 7,571

Summary of Significant Accoun_6

Summary of Significant Accounting Policies -Schedule Of Financial Assets Measured At Fair Value On a Recurring Basis (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents, fair value	$ 43,116	$ 2,963
U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents, fair value	43,116	2,963
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents, fair value	43,116	2,963
Level 1 | U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents, fair value	43,116	2,963
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents, fair value	0	0
Level 2 | U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents, fair value	0	0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents, fair value	0	0
Level 3 | U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents, fair value	$ 0	$ 0

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Summary Of Property And Equipment, Net (Details)	12 Months Ended
	Dec. 31, 2020
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Capitalized software and development costs
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Estimated Useful Lives	Shorter of remaining lease term or 10 years
Minimum [Member] | Machinery and equipment
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	2 years
Maximum [Member] | Machinery and equipment
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	7 years

Summary of Significant Accoun_8

Summary of Significant Accounting Policies - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Reverse Recapitalization [Line Items]
Allowance for doubtful accounts (less than $0.1 million in current period)	$ 799	$ 337	$ 49
Advertising costs	4,100	6,600
Inventory Write-down	100	100
Impairment of long lived assets	0	0
Capitalized contract costs net	$ 800	$ 500
Minimum percentage of tax benefits to be realized for recognition in the income statement	50.00%	50.00%
Net loss	$ (14,021)	$ (31,960)
Liquidity and Capital Resources [Member]
Reverse Recapitalization [Line Items]
Net loss	$ 14,000	$ 32,000
Customer Concentration Risk [Member] | Accounts Receivable [Member] | Minimum [Member]
Reverse Recapitalization [Line Items]
Concentration risk (percent)	10.00%	10.00%
Customer Concentration Risk [Member] | Revenue Benchmark [Member] | Minimum [Member]
Reverse Recapitalization [Line Items]
Concentration risk (percent)	10.00%	10.00%
Matterport, Inc.
Reverse Recapitalization [Line Items]
Allowance for doubtful accounts (less than $0.1 million in current period)	$ 800	$ 300
Capitalized contract costs net		$ 400

Revenue - Disaggregated Revenue

Revenue - Disaggregated Revenue (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Disaggregation of Revenue [Line Items]
Total revenue	$ 85,884	$ 46,009
Over time revenue
Disaggregation of Revenue [Line Items]
Total revenue	49,260	27,397
Point-in-time revenue
Disaggregation of Revenue [Line Items]
Total revenue	36,624	18,612
United States
Disaggregation of Revenue [Line Items]
Total revenue	52,093	31,298
International
Disaggregation of Revenue [Line Items]
Total revenue	$ 33,791	$ 14,711

Revenue - Contract Balances (De

Revenue - Contract Balances (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Jan. 01, 2019
Revenue from Contract with Customer [Abstract]
Accounts receivable, net	$ 2,700	$ 1,032
Unbilled accounts receivable	1,224	475	$ 200
Deferred revenue	$ 4,903	$ 2,373

Revenue - Additional Informatio

Revenue - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Jan. 01, 2019
Revenue from Contract with Customer [Abstract]
Deferred revenue recognized	$ 2,200	$ 1,300
Accounts receivable net of unbilled accounts receivable current			$ 800
Unbilled accounts receivable current	1,224	475	200
Contract with customer liability current	4,606	2,146	$ 1,700
Capitalized contract costs net	800	500
Amortization of capitalized contract costs	$ 300	$ 100

Revenue - Remaining Performance

Revenue - Remaining Performance Obligation (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Revenue from Contract with Customer [Abstract]
Contracted but unsatisfied performance obligations	$ 9.2	$ 5.8
Contracted but unsatisfied performance obligations	$ 12.2	$ 5.5
Contracted but unsatisfied performance obligations, period	12 months

Balance Sheet Components - Allo

Balance Sheet Components - Allowance for Doubtful Accounts (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance—beginning of period	$ (337)	$ (49)
Increase in reserves	(846)	(356)
Write-offs	384	68
Balance—end of period	$ (799)	$ (337)

Balance sheet Components - Inve

Balance sheet Components - Inventories (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Balance Sheet Related Disclosures [Abstract]
Finished Goods	$ 538	$ 361
Work in process	2,219	945
Purchased parts and raw materials	889	595
Total inventories	$ 3,646	$ 1,901

Balance Sheet Components - Prep

Balance Sheet Components - Prepaid Expenses and Other Current Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Balance Sheet Related Disclosures [Abstract]
Prepaid subscription	$ 1,084	$ 564
Prepaid materials	983	493
Prepaid rent and security deposit	145	201
Other prepaid expenses and current assets	241	526
Total prepaid expenses and other current assets	$ 2,453	$ 1,784

Balance Sheet Components - Prop

Balance Sheet Components - Property, Plant and Equipment, Net (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 20,653	$ 15,642
Accumulated depreciation and amortization	(12,443)	(7,672)
Total property and equipment, net	8,210	7,970
Depreciation and amortization	4,778	4,224
Capitalized computer software additions	5,000	4,300
Capitalized computer software amortization	4,500	3,400
Costs of revenue
Property, Plant and Equipment [Line Items]
Capitalized computer software amortization	3,900	3,000
Selling, general, and administrative
Property, Plant and Equipment [Line Items]
Capitalized computer software amortization	600	400
Machinery and equipment
Property, Plant and Equipment [Line Items]
Total property and equipment	1,435	1,422
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Total property and equipment	359	369
Leasehold improvements
Property, Plant and Equipment [Line Items]
Total property and equipment	733	726
Capitalized software and development costs
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 18,126	$ 13,125

Balance Sheet Components - Accr

Balance Sheet Components - Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Balance Sheet Related Disclosures [Abstract]
Accrued compensation	$ 3,208	$ 509
Tax payable	1,164	1,525
Other current liabilities	2,623	1,104
Total accrued expenses and other current liabilities	$ 6,995	$ 3,138

Debt - Narrative (Details)

Debt - Narrative (Details)

Oct. 12, 2020USD ($)

Apr. 17, 2020USD ($)

Feb. 20, 2020USD ($)paymentloanFacility

Sep. 27, 2019USD ($)

Sep. 16, 2019USD ($)payment

Apr. 20, 2018USD ($)payment

Nov. 03, 2017USD ($)payment

Oct. 26, 2017USD ($)

May 22, 2017USD ($)

Sep. 23, 2016USD ($)payment

May 20, 2015USD ($)

Jul. 31, 2021USD ($)

Apr. 30, 2020USD ($)

Dec. 31, 2020USD ($)

Dec. 31, 2019USD ($)

Apr. 28, 2020USD ($)

Apr. 27, 2020USD ($)

Debt Instrument [Line Items]

Proceeds from debt, net

$ 6,302,000

$ 6,000,000

Long-term debt

4,502,000

$ 7,630,000

2017 Term Loan

Debt Instrument [Line Items]

Stated interest rate (percent)

5.80%

2018 Agreement

Debt Instrument [Line Items]

Interest expense

$ 1,100,000

Term Loan | 2015 Term Loan

Debt Instrument [Line Items]

Term loan, maximum amount

$ 4,000,000

Proceeds from debt, net

$ 4,000,000

Number of equal installment payments | payment

36

Long-term debt

1,000,000

Term Loan | 2015 Term Loan | Prime Rate

Debt Instrument [Line Items]

Basis spread on floating rate (percent)

1.00%

Term Loan | 2017 Term Loan

Debt Instrument [Line Items]

Term loan, maximum amount

$ 1,500,000

Proceeds from debt, net

$ 1,500,000

Number of equal installment payments | payment

36

Stated interest rate (percent)

5.25%

Debt repaid in full

$ 1,000,000

Repayment of term loan

400,000

Term Loan | 2017 Term Loan | Prime Rate

Debt Instrument [Line Items]

Basis spread on floating rate (percent)

1.00%

Term Loan | 2019 Term Loan

Debt Instrument [Line Items]

Term loan, maximum amount

3,000,000

Proceeds from debt, net

$ 3,000,000

Number of equal installment payments | payment

36

36

Stated interest rate (percent)

5.25%

Long-term debt

600,000

Interest expense

300,000

100,000

Term Loan | 2019 Term Loan | Prime Rate

Debt Instrument [Line Items]

Basis spread on floating rate (percent)

1.00%

Term Loan | 2018 Agreement

Debt Instrument [Line Items]

Term loan, maximum amount

$ 10,000,000

Stated interest rate (percent)

11.50%

Repayment of term loan

3,200,000

1,700,000

Number of monthly scheduled installment payments | payment

48

Payment of final payment fee

500,000

Period of interest-only payments

12 months

Long-term debt

5,100,000

8,300,000

Interest expense

800,000

$ 100,000

Term Loan | 2020 Term Loan

Debt Instrument [Line Items]

Term loan, maximum amount

$ 2,000,000

Number of equal installment payments | payment

24

Stated interest rate (percent)

4.75%

Interest expense

100,000

Number of term loan facilities | loanFacility

2

Aggregated annual coupon payment

$ 100,000

Term Loan | 2020 Term Loan - Facility A

Debt Instrument [Line Items]

Term loan, maximum amount

$ 1,000,000

Proceeds from debt, net

$ 1,000,000

Debt maturity period

36 months

Term Loan | 2020 Term Loan - Facility B

Debt Instrument [Line Items]

Term loan, maximum amount

$ 1,000,000

Proceeds from debt, net

$ 1,000,000

Debt maturity period

30 months

Line of Credit

Debt Instrument [Line Items]

Stated interest rate (percent)

5.30%

Line of Credit | 2015 Account Financing | Revolving Credit Facility

Debt Instrument [Line Items]

Maximum borrowing capacity

$ 1,000,000

Line of Credit | 2015 Amended and Restated Agreement | Revolving Credit Facility

Debt Instrument [Line Items]

Maximum borrowing capacity

$ 2,000,000

Line of Credit | 2015 Amended and Restated Agreement | Prime Rate | Revolving Credit Facility

Debt Instrument [Line Items]

Basis spread on floating rate (percent)

0.50%

Line of Credit | 2017 Second Amended and Restated Agreement | Revolving Credit Facility

Debt Instrument [Line Items]

Maximum borrowing capacity

$ 3,000,000

$ 3,000,000

Stated interest rate (percent)

5.25%

Proceeds from line of credit

$ 3,000,000

Line of Credit | 2017 Second Amended and Restated Agreement | Prime Rate | Revolving Credit Facility

Debt Instrument [Line Items]

Basis spread on floating rate (percent)

0.50%

Line of Credit | 2020 Amendment | Revolving Credit Facility

Debt Instrument [Line Items]

Maximum borrowing capacity

$ 5,000,000

Stated interest rate (percent)

5.25%

Debt repaid in full

$ 3,000,000

Notes Payable to Banks | Paycheck Protection Program CARES Act

Debt Instrument [Line Items]

Long-term debt

$ 4,400,000

Debt maturity period

2 years

Fixed annual interest rate (percent)

1.00%

Notes payable

$ 4,300,000

Debt Instrument, Increase, Accrued Interest

$ 100,000

Debt - Schedule of Debt Obligat

Debt - Schedule of Debt Obligations (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Total debt	$ 13,067	$ 14,815
Less: unamortized debt discount	(350)	(437)
Total debt, net of debt discount	12,717	14,378
Current portion of long-term debt	(8,215)	(6,748)
Long - term debt	4,502	7,630
Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Total debt	3,000	3,000
Term Loan | 2019 Term Loan
Debt Instrument [Line Items]
Total debt	2,417	3,000
Long - term debt	600
Term Loan | 2018 Term Loan
Debt Instrument [Line Items]
Total debt	5,650	8,815
Long - term debt	5,100	8,300
Term Loan | 2020 Term Loan
Debt Instrument [Line Items]
Total debt	$ 2,000	$ 0

Debt - Schedule of Maturities o

Debt - Schedule of Maturities of Long-term Debt (Details) $ in Thousands	Dec. 31, 2020USD ($)
Debt Disclosure [Abstract]
2021	$ 8,215
2022	4,102
2023	750
2024	0
Total	$ 13,067

Commitment and Contingencies -

Commitment and Contingencies - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Rent expense	$ 2,500,000	$ 1,900,000
Estimated litigation liability	$ 0	$ 0

Commitment and Contingencies _2

Commitment and Contingencies - Future Minimum Operating Lease Payments and Purchase Obligations (Details) $ in Thousands	Dec. 31, 2020USD ($)
Operating Leases
2021	$ 1,383
2022	1,301
2023	1,339
2024	1,306
2025	207
Thereafter	0
Total	5,536
Purchase Obligations
2021	3,859
2022	0
2023	0
2024	0
2025	0
Thereafter	0
Total	3,859
Total Lease and Purchase Obligations
2021	5,242
2022	1,301
2023	1,339
2024	1,306
2025	207
Thereafter	0
Total	$ 9,395

Convertible Notes - Additional

Convertible Notes - Additional Information (Details) $ / shares in Units, $ in Thousands	Nov. 30, 2020shares	Apr. 30, 2020USD ($)$ / sharesshares	Jan. 31, 2019USD ($)shares	Jun. 30, 2020USD ($)$ / sharesshares	Mar. 31, 2020USD ($)$ / shares	Sep. 30, 2021	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Jan. 01, 2019$ / shares	Dec. 31, 2018USD ($)
Debt Instrument [Line Items]
Redeemable convertible preferred, issued (shares) | shares	1,300,000
Redeemable Convertible Preferred Stock
Debt Instrument [Line Items]
Conversion of convertible debt plus interest into Series D redeemable convertible preferred stock ($ per share) | $ / shares		$ 1.8163
Redeemable convertible preferred, issued (shares) | shares				21,708,519
Redeemable convertible preferred issued ($ per share) | $ / shares				$ 2.0181
Proceeds from issuance of redeemable convertible preferred stock				$ 43,800
Conversion of debt, shares issued (shares) | shares		4,728,975
Aggregate proceeds from convertible preferred stock financing and converted notes		$ 52,400
Debt instrument convertible conversion price per share | $ / shares		$ 1.8163
2020 Notes
Debt Instrument [Line Items]
Conversion of debt to redeemable convertible preferred stock, trigger amount					$ 10,000
Conversion of debt to redeemable convertible preferred stock, discount rate (percent)						15	10
2020 Notes | Redeemable Convertible Preferred Stock
Debt Instrument [Line Items]
Conversion of convertible debt plus interest into Series D redeemable convertible preferred stock ($ per share) | $ / shares					$ 2.0181
Debt instrument convertible conversion price per share | $ / shares					$ 2.0181
2020 Notes | Convertible Notes
Debt Instrument [Line Items]
Proceeds from issuance of convertible notes					$ 8,500
Stated interest rate (percent)					5.00%
Unpaid accrued interest		$ 8,600
Fair value of embedded derivative		$ 900			$ 1,000		$ 0	$ 0
Interest expense							$ 100
Two Thousand Seventeen And Two Thousand And Eighteen Notes [Member] | Convertible Notes
Debt Instrument [Line Items]
Stated interest rate (percent)										5.00%
Debt instrument face value										$ 17,000
Two Thousand Seventeen And Two Thousand And Eighteen Notes [Member] | Convertible Notes | Series C Redeemable Convertible Preferred Stock [Member]
Debt Instrument [Line Items]
Conversion of convertible debt plus interest into Series D redeemable convertible preferred stock ($ per share) | $ / shares									$ 1.7194
Conversion of debt, shares issued (shares) | shares			10,370,967
Debt instrument convertible conversion price per share | $ / shares									$ 1.7194
Debt conversion converted instrument amount			$ 17,800

Redeemable Convertible Prefer_3

Redeemable Convertible Preferred Stock - Narrative (Details) $ / shares in Units, $ in Millions	Nov. 30, 2020USD ($)	Dec. 31, 2020USD ($)Director$ / shares	Dec. 31, 2019$ / shares
Class of Stock [Line Items]
Number of directors entitled to be elected by the shareholders | Director		3
Shares issued price per share | $ / shares		$ 3.0272
Sale of stock net consideration received on the transaction | $	$ 1.3	$ 50
Series Seed Redeemable Convertible Preferred Stock [Member]
Class of Stock [Line Items]
Dividend Rate (percent)		8	8
Number of directors entitled to be elected by the shareholders | Director		1
Shares issued price per share | $ / shares		$ 0.3507	$ 0.3507
Series A One Redeemable Convertible Preferred Stock [Member]
Class of Stock [Line Items]
Dividend Rate (percent)		8
Number of directors entitled to be elected by the shareholders | Director		1
Series B Redeemable Convertible Preferred Stock [Member]
Class of Stock [Line Items]
Dividend Rate (percent)		8	8
Number of directors entitled to be elected by the shareholders | Director		1
Shares issued price per share | $ / shares		$ 0.8194	$ 0.8194
Series C Redeemable Convertible Preferred Stock [Member]
Class of Stock [Line Items]
Dividend Rate (percent)		8	8
Number of directors entitled to be elected by the shareholders | Director		1
Shares issued price per share | $ / shares		$ 1.7194	$ 1.7194
Series D Redeemable Convertible Preferred Stock [Member]
Class of Stock [Line Items]
Dividend Rate (percent)		8	8
Shares issued price per share | $ / shares		$ 2.0181	$ 2.0181

Redeemable Convertible Prefer_4

Redeemable Convertible Preferred Stock (Details) $ / shares in Units, $ in Thousands		12 Months Ended
		Dec. 31, 2020USD ($)$ / sharesshares	Dec. 31, 2019USD ($)$ / sharesshares	Sep. 30, 2020USD ($)	Dec. 31, 2018USD ($)shares
Class of Stock [Line Items]
Original Issuance Price ($ per share) | $ / shares		$ 3.0272
Shares Authorized		125,405,000	98,545,000
Shares Issued		124,979,000	98,542,000
Shares Outstanding	[1]	124,979,000	98,542,000		72,314,000
Shares of Common Stock if converted		126,409,000	99,972
Carrying Value | $		$ 164,168	$ 110,978		$ 61,282
Aggregate Liquidation Preference | $		$ 166,131	$ 112,778	$ 166,131
Series Seed redeemable
Class of Stock [Line Items]
Original Issuance Price ($ per share) | $ / shares		$ 0.3507	$ 0.3507
Shares Authorized		24,861,000	24,861,000
Shares Issued		24,861,000	24,861,000
Shares Outstanding		24,861,000	24,861,000
Shares of Common Stock if converted		24,861,000	24,861
Carrying Value | $		$ 7,350	$ 7,350
Aggregate Liquidation Preference | $		$ 8,720	$ 8,720
Dividend Rate (percent)		8	8
Series  A-1 redeemable
Class of Stock [Line Items]
Original Issuance Price ($ per share) | $ / shares		$ 0.4261	$ 0.4261
Shares Authorized		7,570,000	7,570,000
Shares Issued		7,570,000	7,570,000
Shares Outstanding		7,570,000	7,570,000
Shares of Common Stock if converted		7,570,000	7,570
Carrying Value | $		$ 3,165	$ 3,165
Aggregate Liquidation Preference | $		$ 3,226	$ 3,226
Dividend Rate (percent)		8	8
Series B redeemable
Class of Stock [Line Items]
Original Issuance Price ($ per share) | $ / shares		$ 0.8194	$ 0.8194
Shares Authorized		19,527,000	19,527,000
Shares Issued		19,527,000	19,527,000
Shares Outstanding		19,527,000	19,527,000
Shares of Common Stock if converted		20,957,000	20,957
Carrying Value | $		$ 15,905	$ 15,905
Aggregate Liquidation Preference | $		$ 16,000	$ 16,000
Dividend Rate (percent)		8	8
Series C redeemable
Class of Stock [Line Items]
Original Issuance Price ($ per share) | $ / shares		$ 1.7194	$ 1.7194
Shares Authorized		30,730,000	30,730,000
Shares Issued		30,727,000	30,727,000
Shares Outstanding		30,727,000	30,727,000
Shares of Common Stock if converted		30,727,000	30,727
Carrying Value | $		$ 52,696	$ 52,696
Aggregate Liquidation Preference | $		$ 52,832	$ 52,832
Dividend Rate (percent)		8	8
Series D redeemable
Class of Stock [Line Items]
Original Issuance Price ($ per share) | $ / shares		$ 2.0181	$ 2.0181
Shares Authorized		42,717,000	15,857,000
Shares Issued		42,294,000	15,857,000
Shares Outstanding		42,294,000	15,857,000
Shares of Common Stock if converted		42,294,000	15,857
Carrying Value | $		$ 85,052	$ 31,862
Aggregate Liquidation Preference | $		$ 85,353	$ 32,000
Dividend Rate (percent)		8	8
[1]	The shares of the Company’s common and redeemable convertible preferred stock, prior to the Merger (as defined in Note 1) have been retroactively restated to reflect the exchange ratio of approximately 4.1193 established in the Merger as described in Note 3.

Stockholders' Equity - Narrativ

Stockholders' Equity - Narrative (Details) $ / shares in Units, $ in Thousands	1 Months Ended	12 Months Ended
	Aug. 31, 2020USD ($)shares	Dec. 31, 2020USD ($)$ / sharesshares	Dec. 31, 2019USD ($)$ / sharesshares	Sep. 30, 2021Day	Feb. 20, 2020USD ($)$ / sharesshares	Sep. 16, 2019$ / sharesshares	Apr. 20, 2018USD ($)$ / sharesshares	Nov. 02, 2017$ / sharesshares	Oct. 26, 2017$ / sharesshares	May 20, 2015$ / sharesshares
Class of Stock [Line Items]
Common stock, authorized (shares) | shares		230,680,000	189,487,000
Common stock, par value ($ per share) | $ / shares		$ 0.0001	$ 0.0001
Unamortized debt discount		$ 350	$ 437
Amortization of debt discount		223	200
Stock repurchased and retired during the period value		438
Warrants | 2015 Term Loan [Member] | Secured Debt [Member]
Class of Stock [Line Items]
Shares issued upon exercise of warrants (shares) | shares										182,072
Warrant, exercise price ($ per share) | $ / shares										$ 0.159
Warrants | 2017 Term Loan [Member] | Two Thousand And Fifteen Amended And Restated Agreement [Member] | Secured Debt [Member]
Class of Stock [Line Items]
Shares issued upon exercise of warrants (shares) | shares									9,268
Warrant, exercise price ($ per share) | $ / shares									$ 0.347
Warrants | 2017 Term Loan [Member] | Two Thousand And Fifteen Amended And Restated Agreement [Member] | Secured Debt [Member] | Additional Warrants [Member]
Class of Stock [Line Items]
Shares issued upon exercise of warrants (shares) | shares								9,268
Warrant, exercise price ($ per share) | $ / shares								$ 0.347
Warrants | 2019 Term Loan [Member] | 2017 Second Amended and Restated Agreement [Member] | Secured Debt [Member]
Class of Stock [Line Items]
Shares issued upon exercise of warrants (shares) | shares						82,386
Warrant, exercise price ($ per share) | $ / shares						$ 0.659
Warrants | 2018 Term Loan [Member] | Secured Debt [Member]
Class of Stock [Line Items]
Shares issued upon exercise of warrants (shares) | shares							592,406
Unamortized debt discount		200	100
Amortization of debt discount			$ 100
Warrant, exercise price ($ per share) | $ / shares							$ 0.347
Derivative liabilities fair value							$ 200
Warrants | 2018 Term Loan [Member] | Secured Debt [Member] | Measurement Input, Expected Dividend Rate [Member]
Class of Stock [Line Items]
Warrants or rights measurement input							0
Warrants | 2018 Term Loan [Member] | Secured Debt [Member] | Measurement Input, Price Volatility [Member]
Class of Stock [Line Items]
Warrants or rights measurement input							44.8
Warrants | 2018 Term Loan [Member] | Secured Debt [Member] | Measurement Input, Risk Free Interest Rate [Member]
Class of Stock [Line Items]
Warrants or rights measurement input							3
Warrants | 2020 Term Loan [Member] | Secured Debt [Member]
Class of Stock [Line Items]
Shares issued upon exercise of warrants (shares) | shares					205,964
Warrant, exercise price ($ per share) | $ / shares					$ 0.659
Derivative liabilities fair value					$ 100
Warrants | 2020 Term Loan [Member] | Secured Debt [Member] | Measurement Input, Expected Dividend Rate [Member]
Class of Stock [Line Items]
Warrants or rights measurement input					0
Warrants | 2020 Term Loan [Member] | Secured Debt [Member] | Measurement Input, Price Volatility [Member]
Class of Stock [Line Items]
Warrants or rights measurement input					38.37
Warrants | 2020 Term Loan [Member] | Secured Debt [Member] | Measurement Input, Risk Free Interest Rate [Member]
Class of Stock [Line Items]
Warrants or rights measurement input					1.45
Retained Earnings [Member]
Class of Stock [Line Items]
Stock repurchased and retired during the period value		$ 438
Common Stock
Class of Stock [Line Items]
Number of lenders | Day				3
Warrants, contractual life		10 years
Common Stock | Former Employees [Member]
Class of Stock [Line Items]
Stock repurchased and retired during the period shares | shares	400,000
Stock repurchased and retired during the period value	$ 500
Common Stock | Former Employees [Member] | Compensation Expenses [Member]
Class of Stock [Line Items]
Stock repurchased and retired during the period value	100
Common Stock | Retained Earnings [Member] | Former Employees [Member]
Class of Stock [Line Items]
Stock repurchased and retired during the period value	$ 400

Stockholders' Equity - Shares R

Stockholders' Equity - Shares Reserved for Future Issuance (Details) - shares	Dec. 31, 2020	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total shares of common stock reserved	178,617	151,029
Warrants to purchase common stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total shares of common stock reserved	1,081	875
Shares available for future grant under 2021 Incentive Award Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total shares of common stock reserved	1,921	1,419
Redeemable convertible preferred stock, all series
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total shares of common stock reserved	126,409	99,972
Common stock options outstanding
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total shares of common stock reserved	49,206	48,763

Stock Plan - Narrative (Details

Stock Plan - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands		Nov. 30, 2020	Sep. 30, 2021	Dec. 31, 2020	Dec. 31, 2019	Mar. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized stock-based expense related to unvested options				$ 0
Stock-based compensation expense				$ 2,505	$ 1,830
Share-based compensation arrangement by share-based payment award, options, grants in period, weighted average grant date fair value				$ 0.33	$ 0.27
Options exercisable, aggregate intrinsic value	[1]			$ 107,029
Share-based compensation arrangement by share-based payment award, options, vested in period, fair value				$ 956
Weighted average remaining contractual term				8 years 1 month 6 days	8 years 1 month 6 days
Share-based payment arrangement, nonvested award, cost not yet recognized, amount				$ 7,300	$ 6,400
Sale of stock, number of shares issued in transaction		1,300,000
Sale of stock net consideration received on the transaction		$ 1,300		50,000
Additional paid-in capital		1,000		9,159	5,871
Payments of stock issuance costs		$ 300
Proceeds from exercise of stock options				1,538	466
Stock based compensation [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense				0	0
Share-based compensation arrangement by share-based payment award, options, vested in period, fair value				$ 2,300	$ 1,600
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized stock-based expense, period for recognition					3 years 1 month 13 days
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized stock-based expense, period for recognition				2 years 8 months 23 days
Performance Based Stock Option Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for grant under the plan (shares)						900,000
2011 Stock Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock incentive plan, period in force			10 years	10 years
Annual increase to shares available for grant under the plan as percentage of shares outstanding at prior year end (percent)				110.00%
Vesting period				4 years
Stock repurchase program, authorized amount				$ 66,500	$ 58,200
2011 Stock Plan | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Annual increase to shares available for grant under the plan as percentage of shares outstanding at prior year end (percent)				100.00%
Vesting period				12 months
2011 Stock Plan | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Annual increase to shares available for grant under the plan as percentage of shares outstanding at prior year end (percent)				10.00%
Vesting period				3 months
2021 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for grant under the plan (shares)				1,900,000
2021 ESPP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for grant under the plan (shares)					1,400,000
Stock option activity [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options exercisable, aggregate intrinsic value				$ 3,600	$ 900
[1]	As corrected to reflect the common stock fair market value per share as of December 31, 2020.

Stock Plan - Stock Option Activ

Stock Plan - Stock Option Activities (Details) - USD ($) $ / shares in Units, $ in Thousands		12 Months Ended
		Dec. 31, 2020		Dec. 31, 2019	Jan. 01, 2019
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Balance, beginning (shares)		48,762		24,482
Granted (shares)		13,349		29,030
Exercised (shares)		(7,293)		(2,080)
Expired or canceled (shares)		(5,612)		(2,670)
Balance, ending (shares)		49,206		48,762
Exercisable (shares)		20,935
Weighted- Average Exercise Price Per Share
Beginning balance ($ per share)		$ 0.50		$ 0.28
Granted ($ per share)		0.81		0.66
Exercised ($ per share)		0.21		0.22
Expired or canceled ($ per share)		0.54		0.42
Exercisable ($ per share)		0.50
Ending Balance ($ per share)		$ 0.62		$ 0.50
Options outstanding, weighted-average remaining contractual term (in years)		8 years 1 month 6 days		7 years 3 months 18 days
Options exercisable, weighted-average remaining contractual term (in years)		7 years 2 months 12 days
Options outstanding, aggregate intrinsic value		$ 245,565	[1]	$ 7,698	$ 3,555
Options exercisable, aggregate intrinsic value	[1]	$ 107,029
[1]	As corrected to reflect the common stock fair market value per share as of December 31, 2020.

Stock Plan - Fair Value Assumpt

Stock Plan - Fair Value Assumptions, Options and Earn-out Shares (Details) - Common stock options outstanding	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility, minimum (percent)	38.50%	38.40%
Expected volatility, maximum (percent)	45.00%	39.10%
Risk-free interest rate, minimum (percent)	0.30%	1.60%
Risk-free interest rate, maximum (percent)	1.50%	2.40%
Expected dividend yield (percent)	0.00%	0.00%
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term	5 years 6 months	5 years 10 months 24 days
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term	6 years 1 month 6 days	6 years 4 months 24 days

Stock Plan - Stock-based Compen

Stock Plan - Stock-based Compensation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation, net of amounts capitalized	$ 2,505	$ 1,830
Capitalized stock-based compensation	146	56
Total stock-based compensation	2,651	1,886
Costs of revenue
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation, net of amounts capitalized	135	32
Research and development
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation, net of amounts capitalized	624	427
Selling, general, and administrative
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation, net of amounts capitalized	$ 1,746	$ 1,371

Income Taxes - Summary of Compo

Income Taxes - Summary of Components of Net Loss (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest [Abstract]
United States	$ (14,294)	$ (32,136)
Foreign	350	241
Loss before income taxes	$ (13,944)	$ (31,895)

Income Taxes - Summary of Provi

Income Taxes - Summary of Provision for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Current
State	$ 8	$ 3
International	69	62
Total current tax expense	77	65
Total deferred tax expense	0	0
Total tax expense	$ 77	$ 65

Income Taxes - Summary of Com_2

Income Taxes - Summary of Components of Deferred Tax Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Deferred tax assets:
Net operating loss carryforwards	$ 29,734	$ 27,510
Research and development credits carryforward	5,009	3,975
Accruals	988	509
Other	62	71
Interest expense carryforward	566	278
Fixed assets	128	140
Stock-based compensation	604	413
Total deferred tax assets	37,091	32,896
Less: valuation allowance	(35,023)	(31,081)	$ (23,150)
Deferred tax liabilities:
Intangibles	(1,876)	(1,710)
Deferred commissions	(192)	(105)
Total deferred tax liabilities	(2,068)	(1,815)
Net deferred tax assets	$ 0	$ 0

Income Taxes - Summary of Valua

Income Taxes - Summary of Valuation Allowance for Deferred Tax Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Valuation Allowance [Abstract]
Balance at beginning of period	$ 31,081	$ 23,150
Additions charges to costs and expenses	3,942	7,931
Balance at end of period	$ 35,023	$ 31,081

Income Taxes - Summary of Net O

Income Taxes - Summary of Net Operating Loss and Tax Credit (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)
NOLs, federal (Post December 31, 2017) [Member]
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards	$ 59,316
NOLs, federal (Pre January 1, 2018) [Member]
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards	$ 61,397
Operating Loss Carryforwards, Expiration Date	Dec. 31, 2031
NOLs, state [Member]
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards	$ 65,315
Operating Loss Carryforwards, Expiration Date	Dec. 31, 2032
Tax credits, federal [Member]
Operating Loss Carryforwards [Line Items]
Tax Credit Carryforward, Amount	$ 5,312
Tax Credit Carryforward, Expiration Date	Dec. 31, 2032
Tax credits, state [Member]
Operating Loss Carryforwards [Line Items]
Tax Credit Carryforward, Amount	$ 3,843

Income Taxes - Summary of Effec

Income Taxes - Summary of Effective Tax Rate of Company's Provision for Income Taxes (Details)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Effective Income Tax Rate Reconciliation, Percent [Abstract]
Statutory federal income benefit rate	21.00%	21.00%
State income tax rate	7.01%	3.90%
Change in valuation allowance	(28.27%)	(24.85%)
Research and development credits	2.86%	0.73%
Other	(0.80%)	(0.45%)
Convertible notes—nondeductible	(1.57%)	0.00%
Stock-based compensation	(0.89%)	(0.53%)
Foreign rate differential	0.03%	(0.03%)
Effective tax rate	(0.63%)	(0.23%)

Income Taxes - Summary of Recon

Income Taxes - Summary of Reconciliation of Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Unrecognized tax benefits—beginning	$ 2,906	$ 2,441
Gross Increases—prior-year unrecognized tax benefits	0	0
Gross Increases—current-year unrecognized tax benefits	756	465
Unrecognized tax benefits—ending	$ 3,662	$ 2,906

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details)	Jan. 01, 2018	Dec. 22, 2017	Dec. 31, 2020	Dec. 31, 2019
Effective income tax rate reconciliation, percent			(0.63%)	(0.23%)
Operating loss carryforwards, expiration term	20 years
Minimum [Member]
Effective income tax rate reconciliation, percent		80.00%
Maximum [Member]
Effective income tax rate reconciliation, percent	100.00%

Net Income (Loss) Attributabl_2

Net Income (Loss) Attributable to Common Stockholders (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Numerator :
Net income (loss) attributable to common stockholders	$ (14,021)	$ (31,960)
Denominator:
Weighted average shares used in computing net loss per share attributable to common stockholders, basic (shares)	32,841	31,108
Weighted average shares used in computing net loss per share attributable to common stockholders, diluted (shares)	32,841	31,108
Net income (loss), basic ($ per share)	$ (0.43)	$ (1.03)
Net income (loss), diluted ($ per share)	$ (0.43)	$ (1.03)

Net Loss Attributable to Comm_2

Net Loss Attributable to Common Stockholders - Antidilutive Securities (Details) - shares shares in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potentially dilutive common stock equivalents	176,696	149,609
Redeemable convertible preferred stock, all series
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potentially dilutive common stock equivalents	126,409	99,972
Warrants to purchase common stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potentially dilutive common stock equivalents	1,081	875
Common stock options outstanding
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potentially dilutive common stock equivalents	49,206	48,762

Related Party Disclosures (Deta

Related Party Disclosures (Details) - 2020 Notes - Convertible Notes - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Related Party Transaction [Line Items]
Proceeds from issuance of convertible notes	$ 8,500
Stated interest rate (percent)	5.00%
Affiliated Entity
Related Party Transaction [Line Items]
Proceeds from issuance of convertible notes		$ 8,500
Stated interest rate (percent)		5.00%
DCM VI, L.P. | Affiliated Entity
Related Party Transaction [Line Items]
Proceeds from issuance of convertible notes		$ 400,000
Lux Co-Invest Opportunities, L.P. | Affiliated Entity
Related Party Transaction [Line Items]
Proceeds from issuance of convertible notes		2,000
QUALCOMM Ventures LLC | Affiliated Entity
Related Party Transaction [Line Items]
Proceeds from issuance of convertible notes		$ 1,000,000

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
United Kingdom | Pension Plan
Defined Contribution Plan Disclosure [Line Items]
Discretionary matching contribution	$ 0.2	$ 0.6

Subsequent Events - Narrative (

Subsequent Events - Narrative (Details) $ / shares in Units, $ in Thousands	Jul. 22, 2021USD ($)$ / sharesshares	Nov. 30, 2020shares	Mar. 31, 2021USD ($)	Sep. 30, 2021USD ($)shares	Sep. 30, 2021USD ($)	Sep. 30, 2021USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Feb. 28, 2021shares
Subsequent Event [Line Items]
Share-based compensation arrangement by share-based payment award, options, vested in period, fair value							$ 956
Business acquisition, transaction costs	$ 36,300
Sale of stock, number of shares issued in transaction | shares		1,300,000
Stockholders' equity note, stock split, exchange ratio	4.1193
Gain (loss) on extinguishment of debt							$ (955)	$ (55)
Two Thousand And Nineteen Term Loan [Member]
Subsequent Event [Line Items]
Repayments of lines of credit						$ 3,000
Line of credit facility, annual principal payment						2,400
Two Thousand And Eighteen Term Loan [Member]
Subsequent Event [Line Items]
Repayments of lines of credit						5,600
Line of credit facility, annual principal payment						500
Payment for debt extinguishment						100
Gain (loss) on extinguishment of debt						100
Two Thousand And Twenty Term Loan [Member]
Subsequent Event [Line Items]
Line of credit facility, annual principal payment						$ 2,000
Gain (loss) on extinguishment of debt					$ 100
First Tranche Share Price [Member]
Subsequent Event [Line Items]
Share price | $ / shares	$ 13
Second Tranche Share Price [Member]
Subsequent Event [Line Items]
Share price | $ / shares	15.50
Third Tranche Share Price [Member]
Subsequent Event [Line Items]
Share price | $ / shares	18
Four Tranche Share Price [Member]
Subsequent Event [Line Items]
Share price | $ / shares	20.50
Fifth Tranche Share Price [Member]
Subsequent Event [Line Items]
Share price | $ / shares	23
Six Tranche Share Price [Member]
Subsequent Event [Line Items]
Share price | $ / shares	$ 25.50
Earn-out Shares
Subsequent Event [Line Items]
Number of consecutive trading days for determining share price	10 days
Number of trading days for determining share price	30 days
Matterport, Inc. [Member]
Subsequent Event [Line Items]
Business acquisition, transaction costs	$ 10,000
Gores [Member]
Subsequent Event [Line Items]
Proceeds from issuance or sale of equity	640,100
Proceeds from issuance initial public offering	345,100
Proceeds from issuance of private placement	295,000
Business acquisition, transaction costs	$ 26,300
Gores Class A Common Stock [Member] | Gores [Member]
Subsequent Event [Line Items]
Business acquisition, share price | $ / shares	$ 10
Stock redeemed or called during period, value				$ 900
Series D Redeemable Convertible Preferred Stock [Member]
Subsequent Event [Line Items]
Shares, issued | shares	52,236
Matterport Class A Common Stock [Member]
Subsequent Event [Line Items]
Convertible preferred stock, shares issued upon conversion | shares	126,460,926
Matterport Warrants [Member]
Subsequent Event [Line Items]
Number of securities called by warrants or rights | shares	1,038,444
Common Class A [Member]
Subsequent Event [Line Items]
Sale of stock, number of shares issued in transaction | shares				218,875,000
Sale of stock, price per share | $ / shares	$ 0.0001
Common Class A [Member] | Earn-out Shares
Subsequent Event [Line Items]
Stock issued during period, shares, new issues | shares	23,460,000
Shares, outstanding | shares	3,910,000
Restricted Stock Units (RSUs) [Member] | Two Thousand Eleven Stock Plan [Member]
Subsequent Event [Line Items]
Share-based compensation arrangement by sharebased payment award, number of shares available for grant | shares									1,353,200
Share-based compensation arrangement by share-based payment award, options, vested in period, fair value			$ 8,200