2021 Q4 Form 10-Q Financial Statement

#000095017021004637 Filed on November 15, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q4
Revenue -$2.500M $31.51M $0.00
YoY Change 48.83%
Cost Of Revenue $3.500M $16.62M $10.83M
YoY Change -67.68% 46.54%
Gross Profit -$6.000M $14.88M $10.17M
YoY Change -159.0% 51.46%
Gross Profit Margin 47.23%
Selling, General & Admin $20.10M $22.32M $444.1K
YoY Change 4425.7% 171.76%
% of Gross Profit 150.0% 4.37%
Research & Development $7.200M $6.320M $2.830M
YoY Change 154.42% 131.5%
% of Gross Profit 42.47% 27.83%
Depreciation & Amortization $334.0K $799.0K $250.0K
YoY Change 33.6% 207.31%
% of Gross Profit 5.37% 2.46%
Operating Expenses $27.30M $28.64M $444.1K
YoY Change 6046.85% 161.71%
Operating Profit -$33.30M -$13.76M $9.726M
YoY Change -442.39% 1129.76%
Interest Expense -$400.0K $477.0K -$7.193M
YoY Change -94.44% 26.53%
% of Operating Profit -73.96%
Other Income/Expense, Net $9.700M -$20.68M -$2.210M
YoY Change -538.91% 5313.61%
Pretax Income -$24.00M -$34.44M -$8.217M
YoY Change 192.08% 2194.54%
Income Tax $0.00 -$15.00K $0.00
% Of Pretax Income
Net Earnings -$24.00M -$34.46M -$8.217M
YoY Change 192.08% 2195.54%
Net Earnings / Revenue -109.37%
Basic Earnings Per Share -$0.36
Diluted Earnings Per Share -$219.1K -$356.4K -$298.9K
COMMON SHARES
Basic Shares Outstanding 112.8M 96.68M shares
Diluted Shares Outstanding 96.68M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $95.10M $114.9M $1.287M
YoY Change 7287.96% 7886.54%
Cash & Equivalents $95.05M $114.9M $17.01M
Short-Term Investments
Other Short-Term Assets $12.20M $1.000K $93.00K
YoY Change 13018.28% -99.67%
Inventory $17.98M $10.23M $7.912M
Prepaid Expenses $872.0K $163.0K
Receivables $10.47M $24.58M $10.53M
Other Receivables $0.00 $0.00
Total Short-Term Assets $135.8M $156.8M $37.61M
YoY Change 261.08% 8902.46%
LONG-TERM ASSETS
Property, Plant & Equipment $1.870M $1.889M $1.718M
YoY Change 8.85%
Goodwill
YoY Change
Intangibles $588.0K $605.0K
YoY Change
Long-Term Investments $230.1M
YoY Change
Other Assets $600.0K $398.0K
YoY Change
Total Long-Term Assets $4.232M $3.492M $2.504M
YoY Change 69.01% -98.48%
TOTAL ASSETS
Total Short-Term Assets $135.8M $156.8M $37.61M
Total Long-Term Assets $4.232M $3.492M $2.504M
Total Assets $140.0M $160.3M $40.12M
YoY Change 249.09% -30.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $27.77M $16.46M $16.38M
YoY Change 69.52%
Accrued Expenses $31.73M $17.43M $10.59M
YoY Change 199.57% 104483.91%
Deferred Revenue $1.061M $1.868M $1.643M
YoY Change -35.42%
Short-Term Debt $0.00 $11.13M $0.00
YoY Change
Long-Term Debt Due $8.534M $9.435M $2.024M
YoY Change 321.64%
Total Short-Term Liabilities $69.09M $56.32M $47.27M
YoY Change 46.15% 108851.09%
LONG-TERM LIABILITIES
Long-Term Debt $7.993M $9.492M $10.18M
YoY Change -21.48%
Other Long-Term Liabilities $712.0K $13.00K $494.0K
YoY Change 44.13% -99.84%
Total Long-Term Liabilities $8.705M $9.505M $10.67M
YoY Change -18.45% 18.07%
TOTAL LIABILITIES
Total Short-Term Liabilities $69.09M $56.32M $47.27M
Total Long-Term Liabilities $8.705M $9.505M $10.67M
Total Liabilities $84.86M $83.30M $60.94M
YoY Change 39.25% 928.2%
SHAREHOLDERS EQUITY
Retained Earnings -$143.4M -$119.4M -$71.72M
YoY Change 99.98% 395741.49%
Common Stock $11.00K $11.00K $2.000K
YoY Change 450.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $55.19M $76.98M -$68.01M
YoY Change
Total Liabilities & Shareholders Equity $140.0M $160.3M $40.12M
YoY Change 249.09% -30.84%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q4
OPERATING ACTIVITIES
Net Income -$24.00M -$34.46M -$8.217M
YoY Change 192.08% 2195.54%
Depreciation, Depletion And Amortization $334.0K $799.0K $250.0K
YoY Change 33.6% 207.31%
Cash From Operating Activities -$5.897M -$33.90M -$133.4K
YoY Change 4321.87% 10409.05%
INVESTING ACTIVITIES
Capital Expenditures -$460.0K -$1.560M $120.0K
YoY Change -483.33% -400.0%
Acquisitions
YoY Change
Other Investing Activities -$2.000M $0.00
YoY Change
Cash From Investing Activities -$440.0K -$1.560M $0.00
YoY Change -99.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -13.55M 134.2M -18.03K
YoY Change 75052.52% -42.11%
NET CHANGE
Cash From Operating Activities -5.897M -33.90M -133.4K
Cash From Investing Activities -440.0K -1.560M 0.000
Cash From Financing Activities -13.55M 134.2M -18.03K
Net Change In Cash -19.89M 98.70M -151.4K
YoY Change 13036.27% 6761.08%
FREE CASH FLOW
Cash From Operating Activities -$5.897M -$33.90M -$133.4K
Capital Expenditures -$460.0K -$1.560M $120.0K
Free Cash Flow -$5.437M -$32.34M -$253.4K
YoY Change 2045.96% 3738.38%

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EarningsPerShareBasicAndDiluted
-0.36
CY2020Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.07
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.00
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.22
CY2021Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
96681887
CY2020Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
22016451
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
47421668
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
21925268
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
-68009000
CY2021Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
244000
CY2021Q1 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
828000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-7857000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
-74794000
CY2021Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
24000
CY2021Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
785000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-5335000
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
-79320000
CY2021Q3 us-gaap Reclassifications Of Temporary To Permanent Equity
ReclassificationsOfTemporaryToPermanentEquity
47188000
CY2021Q3 owlt Stock Issued During Period Value Conversion Of Convertible Securities In Connection With Reverse Recapitalization
StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesInConnectionWithReverseRecapitalization
7122000
CY2021Q3 owlt Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature In Connection With Reverse Recapitalization
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeatureInConnectionWithReverseRecapitalization
26061000
CY2021Q3 owlt Conversion Of Preferred Stock Warrants And Common Stock Warrants In Connection With The Reverse Recapitalization
ConversionOfPreferredStockWarrantsAndCommonStockWarrantsInConnectionWithTheReverseRecapitalization
8571000
CY2021Q3 owlt Reverse Recapitalization Transaction Net Of Fees
ReverseRecapitalizationTransactionNetOfFees
101035000
CY2021Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
77000
CY2021Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
697000
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-34456000
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
76975000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
-58902000
CY2020Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
50000
CY2020Q1 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
181000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-2128000
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
-60799000
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
226000
CY2020Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
19000
CY2020Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
273000
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-1094000
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
-61375000
CY2020Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
18000
CY2020Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
248000
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-1501000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
3775000
owlt Increase Decrease In Deferred Related Party Convertible Notes Payable Interest
IncreaseDecreaseInDeferredRelatedPartyConvertibleNotesPayableInterest
186000
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
89000
owlt Increase Decrease In Deferred Related Party Convertible Notes Payable Interest
IncreaseDecreaseInDeferredRelatedPartyConvertibleNotesPayableInterest
258000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
272000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
489000
owlt Gains Losses On Debt Forgiveness
GainsLossesOnDebtForgiveness
2098000
owlt Gains Losses On Debt Forgiveness
GainsLossesOnDebtForgiveness
0
owlt Increase Decrease In Deferred Rent
IncreaseDecreaseInDeferredRent
-64000
owlt Increase Decrease In Deferred Rent
IncreaseDecreaseInDeferredRent
-14000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
10533000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
6757000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-34703000
owlt Payments For Cash Payout Of Stock Options Upon Merger
PaymentsForCashPayoutOfStockOptionsUponMerger
0
owlt Non Cash Loss On Extinguishment Of Debt
NonCashLossOnExtinguishmentOfDebt
173000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
11266000
us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
-7000
us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
11000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4674000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
883000
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
-62610000
us-gaap Net Income Loss
NetIncomeLoss
-47647000
owlt Interest Expense From Contingent Beneficial Conversion Feature
InterestExpenseFromContingentBeneficialConversionFeature
26061000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
5000000
us-gaap Share Based Compensation
ShareBasedCompensation
2310000
us-gaap Share Based Compensation
ShareBasedCompensation
702000
us-gaap Inventory Write Down
InventoryWriteDown
84000
CY2020Q4 us-gaap Deferred Revenue
DeferredRevenue
1802000
CY2019Q4 us-gaap Deferred Revenue
DeferredRevenue
853000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
884000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
87000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
56000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1000000
owlt Proceeds From Financed Insurance Premium
ProceedsFromFinancedInsurancePremium
5526000
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-5578000
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
9000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
14750000
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
590000
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
0
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1560000
owlt Proceeds From Paycheck Protection Program Loan Cares Act Of Two Thousand And Twenty
ProceedsFromPaycheckProtectionProgramLoanCARESActOfTwoThousandAndTwenty
0
owlt Proceeds From Paycheck Protection Program Loan Cares Act Of Two Thousand And Twenty
ProceedsFromPaycheckProtectionProgramLoanCARESActOfTwoThousandAndTwenty
2075000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
345000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
87000
owlt Deferred Transaction Financing Costs Net
DeferredTransactionFinancingCostsNet
11836000
owlt Proceeds From Reverse Recapitalization Transaction
ProceedsFromReverseRecapitalizationTransaction
133663000
owlt Proceeds From Reverse Recapitalization Transaction
ProceedsFromReverseRecapitalizationTransaction
0
us-gaap Interest Paid Net
InterestPaidNet
538000
us-gaap Interest Paid Net
InterestPaidNet
337000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
134150000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2875000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
97887000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
6609000
CY2021Q3 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
114896000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
17009000
CY2021Q3 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
17014000
CY2020Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
16954000
CY2020Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
2993000
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
47188000
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
0
owlt Conversion Of Related Party Convertible Notes To Common Stock
ConversionOfRelatedPartyConvertibleNotesToCommonStock
33183000
owlt Conversion Of Related Party Convertible Notes To Common Stock
ConversionOfRelatedPartyConvertibleNotesToCommonStock
0
owlt Common Stock Warrants Received Of Merger
CommonStockWarrantsReceivedOfMerger
22806000
owlt Warrants Issed In Non Cash Financing Activities
WarrantsIssedInNonCashFinancingActivities
0
owlt Warrants Issed In Non Cash Financing Activities
WarrantsIssedInNonCashFinancingActivities
226000
owlt Purchases Of Property And Equipment But Not Yet Paid
PurchasesOfPropertyAndEquipmentButNotYetPaid
0
owlt Purchases Of Property And Equipment But Not Yet Paid
PurchasesOfPropertyAndEquipmentButNotYetPaid
36000
owlt Purchases Of Intangibles But Not Yet Paid
PurchasesOfIntangiblesButNotYetPaid
38000
owlt Purchases Of Intangibles But Not Yet Paid
PurchasesOfIntangiblesButNotYetPaid
13000
CY2021Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-119366000
us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
133663000
us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.3;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:Times New Roman;font-style:italic;">Use of Estimates</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.3;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:Times New Roman;"> </span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.3;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">The </span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">preparation of unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect reported amounts and disclosures. Accordingly, actual</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;"> </span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.3;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">results </span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">could differ from those estimates. Key management estimates include those related to revenue recognition (including sales incentives, product returns and implied post contract support and service), allowances for doubtful accounts, write-downs for obsolete or slow-moving inventory, useful lives for property and equipment, impairment assessments for long-lived tangible and intangible assets, warranty obligations, valuation allowances for net deferred income tax assets, and valuation of warrants and stock-based compensation.</span></p>
CY2021Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
496717
CY2021Q3 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
9890000
us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
3428000
CY2021Q3 owlt Owlet Equityholders Common Stock
OwletEquityholdersCommonStock
90824573
us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
1938000
CY2020Q4 owlt Prepaid Inventory
PrepaidInventory
0
CY2020Q3 owlt Preferred Stock Adjustments
PreferredStockAdjustments
1000
owlt Preferred Stock Adjustments
PreferredStockAdjustments
9000
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
31505000
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
21169000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
78354000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
54405000
CY2021Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1889000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1718000
CY2020Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
163000
CY2021Q3 owlt Prepaid Hosting
PrepaidHosting
527000
CY2020Q4 owlt Prepaid Hosting
PrepaidHosting
369000
CY2020Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
7331000
CY2021Q3 owlt Point Of Purchase Displays
PointOfPurchaseDisplays
488000
CY2021Q3 owlt Owlet Equity Holders Common Stock Percentage
OwletEquityHoldersCommonStockPercentage
0.81
CY2021Q3 owlt Share Of Sponsor And Related Parties
ShareOfSponsorAndRelatedParties
5750000
CY2021Q3 owlt Percentage Of Sponsor And Related Parties Shares
PercentageOfSponsorAndRelatedPartiesShares
0.05
CY2021Q3 owlt Total Shares Of Common Stock Immediately After Business Combination
TotalSharesOfCommonStockImmediatelyAfterBusinessCombination
112783800
CY2021Q3 owlt Percentage Of Total Shares Of Common Stock Immediately After Business Combination
PercentageOfTotalSharesOfCommonStockImmediatelyAfterBusinessCombination
1
CY2021Q3 us-gaap Convertible Preferred Stock Shares Issued Upon Conversion
ConvertiblePreferredStockSharesIssuedUponConversion
61468
owlt Gross Proceeds From Merger
GrossProceedsFromMerger
145499000
CY2021Q3 owlt Proceeds From Reverse Recapitalization Transaction
ProceedsFromReverseRecapitalizationTransaction
133663000
owlt Common Stock Warrants Received Of Merger
CommonStockWarrantsReceivedOfMerger
22806000
owlt Payments For Cash Payout Of Stock Options Upon Merger
PaymentsForCashPayoutOfStockOptionsUponMerger
9890000
CY2021Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
66000
CY2021Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
9219000
CY2021Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
1006000
CY2020Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
581000
CY2021Q3 us-gaap Inventory Net
InventoryNet
10225000
CY2020Q4 us-gaap Inventory Net
InventoryNet
7912000
CY2021Q3 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
0
CY2020Q4 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
522000
CY2021Q3 us-gaap Prepaid Insurance
PrepaidInsurance
4531000
CY2020Q4 us-gaap Prepaid Insurance
PrepaidInsurance
499000
CY2021Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
872000
CY2020Q4 owlt Point Of Purchase Displays
PointOfPurchaseDisplays
376000
CY2021Q3 owlt Prepaid Inventory
PrepaidInventory
387000
CY2021Q3 owlt Finite Lived Intangible Assets Amortization Expense After Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour
103000
CY2021Q3 owlt Finite Lived Intangible Assets Remaining Amortization
FiniteLivedIntangibleAssetsRemainingAmortization
427000
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1018000
CY2021Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1889000
CY2021Q3 owlt Provision For Warranties Issued During The Period
ProvisionForWarrantiesIssuedDuringThePeriod
485000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-3156000
CY2020Q3 owlt Provision For Warranties Issued During The Period
ProvisionForWarrantiesIssuedDuringThePeriod
334000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-1457000
CY2021Q3 us-gaap Deferred Revenue
DeferredRevenue
2074000
CY2021Q3 us-gaap Contract With Customer Right To Recover Product Current
ContractWithCustomerRightToRecoverProductCurrent
282000
CY2020Q4 us-gaap Contract With Customer Right To Recover Product Current
ContractWithCustomerRightToRecoverProductCurrent
146000
CY2021Q3 us-gaap Other Assets Current
OtherAssetsCurrent
1000
CY2020Q4 us-gaap Other Assets Current
OtherAssetsCurrent
93000
CY2021Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
7088000
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1646000
CY2021Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3499000
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2736000
CY2021Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1610000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1718000
CY2021Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
879000
CY2021Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
291000
CY2021Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
588000
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
789000
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
184000
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
605000
CY2021Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
37000
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
29000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
108000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
74000
CY2021Q3 owlt Settlements Of Warranty Claims During The Period
SettlementsOfWarrantyClaimsDuringThePeriod
287000
CY2020Q3 owlt Settlements Of Warranty Claims During The Period
SettlementsOfWarrantyClaimsDuringThePeriod
300000
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
38000
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
152000
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
46000
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
44000
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
44000
CY2021Q3 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
848000
CY2021Q3 owlt Accrued Sales Return Current
AccruedSalesReturnCurrent
4022000
CY2020Q4 owlt Accrued Sales Return Current
AccruedSalesReturnCurrent
2844000
CY2021Q3 owlt Discounts And Allowances Current
DiscountsAndAllowancesCurrent
4009000
CY2021Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
1190000
CY2020Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
926000
CY2020Q3 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
426000
CY2020Q4 owlt Discounts And Allowances Current
DiscountsAndAllowancesCurrent
1747000
CY2021Q3 owlt Payroll Liabilities Current
PayrollLiabilitiesCurrent
2689000
CY2020Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
924000
us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
1502000
CY2020Q4 owlt Payroll Liabilities Current
PayrollLiabilitiesCurrent
1768000
us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
585000
CY2020Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
892000
CY2021Q3 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
1625000
CY2020Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
1886000
CY2021Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
1190000
CY2020Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
924000
CY2021Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3896000
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1423000
CY2021Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
17431000
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
10592000
CY2021Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
992000
CY2019Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
378000
owlt Provision For Warranties Issued During The Period
ProvisionForWarrantiesIssuedDuringThePeriod
708000
owlt Provision For Warranties Issued During The Period
ProvisionForWarrantiesIssuedDuringThePeriod
1427000
owlt Settlements Of Warranty Claims During The Period
SettlementsOfWarrantyClaimsDuringThePeriod
442000
owlt Settlements Of Warranty Claims During The Period
SettlementsOfWarrantyClaimsDuringThePeriod
879000
CY2021Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
1190000
CY2020Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
926000
CY2021Q2 us-gaap Deferred Revenue
DeferredRevenue
1831000
CY2020Q2 us-gaap Deferred Revenue
DeferredRevenue
1151000
CY2021Q3 us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
1410000
CY2020Q3 us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
772000
CY2021Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-1167000
CY2020Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-589000
CY2021Q3 us-gaap Long Term Debt
LongTermDebt
18935000
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
12395000
CY2021Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
9435000
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
2024000
CY2020Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
187000
CY2021Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
8000
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
4000
CY2021Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
9492000
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
10180000
CY2021Q3 owlt Long Term Debt Future Aggregate Maturity Remainder Of Fiscal Year
LongTermDebtFutureAggregateMaturityRemainderOfFiscalYear
2401000
CY2021Q3 owlt Long Term Debt Future Aggregate Maturity Year One
LongTermDebtFutureAggregateMaturityYearOne
8534000
CY2021Q3 owlt Long Term Debt Future Aggregate Maturity Year Two
LongTermDebtFutureAggregateMaturityYearTwo
6000000
CY2021Q3 owlt Long Term Debt Future Aggregate Maturity Year Three
LongTermDebtFutureAggregateMaturityYearThree
2000000
CY2021Q3 owlt Long Term Debt Future Aggregate Maturity Total
LongTermDebtFutureAggregateMaturityTotal
18935000
CY2021Q3 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
3.1546
CY2021Q3 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
2000
CY2021Q2 owlt Underwriting Fees Deferred
UnderwritingFeesDeferred
7150000
owlt Closing Date Of Completion The Business Combination
ClosingDateOfCompletionTheBusinessCombination
2021-07-15
CY2021Q3 owlt Underwriting Fees Deferred
UnderwritingFeesDeferred
7150000
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
349000
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1541000
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1587000
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
953000
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
4430000
CY2021Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
371000
us-gaap Operating Lease Expense
OperatingLeaseExpense
1111000
CY2020Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
381000
us-gaap Operating Lease Expense
OperatingLeaseExpense
828000
CY2020Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
30537358
CY2020Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
61809312
CY2020Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
61809312
CY2020Q4 us-gaap Temporary Equity Liquidation Preference
TemporaryEquityLiquidationPreference
46692000
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
3150463
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
10215834
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.45
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y3M14D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
99296000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1736755
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
7.13
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
526819
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0.66
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1537000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
1735341
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0.66
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
7560
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
0.12
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
9682869
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.60
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y11M8D
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
41252000
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
6325893
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
0.56
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P5Y11M19D
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
32158000
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.00
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.22
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
697000
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
248000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2310000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
702000
CY2021Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
7105000
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y10M28D
owlt Period Required For Warrants To Become Exercisable Initial Public Offering
PeriodRequiredForWarrantsToBecomeExercisableInitialPublicOffering
P12M
CY2021Q3 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P5Y
owlt Number Of Trading Days
NumberOfTradingDays
P20D
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-15000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-22000
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.0004
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-34456000
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-1501000
us-gaap Net Income Loss
NetIncomeLoss
-47647000
us-gaap Net Income Loss
NetIncomeLoss
-4723000
CY2021Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
96681887
CY2020Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
22016451
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
47421668
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
21925268
CY2021Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.36
CY2020Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.07
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
18100000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
68109671
CY2021Q3 owlt Common Stock Shares Subject To Vesting
CommonStockSharesSubjectToVesting
2807500

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