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

CONSOLIDATED BALANCE SHEETS

v3.21.2
CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Jan. 01, 2020
Dec. 31, 2019
Oct. 22, 2019
Jul. 29, 2019
Jan. 01, 2019
Dec. 31, 2018
Current assets                      
Cash $ 241,416 $ 624,830   $ 382,161     $ 712,062        
Total current assets 306,210 690,131         841,728        
TOTAL ASSETS 139,495,048 139,848,631         139,256,207        
Current liabilities                      
Financial Instruments Subject to Mandatory Redemption, Settlement Terms, Fair Value of Shares 12,330,000 3,452,400 $ 2,548,200 2,383,800 $ 1,027,500   1,972,800 $ 1,356,300      
Accrued Liabilities, Current 1,412,610 209,732         65,716        
Warrant liability 12,330,000 3,452,400 2,548,200 2,383,800 1,027,500   1,972,800 1,356,300      
Current liabilities - Accounts payable and accrued expenses 1,412,610 209,732         65,716        
Total Liabilities 15,092,610 4,162,132 2,563,347 2,400,166 1,080,715   2,038,516 1,438,427      
Notes Payable, Related Parties 1,350,000 500,000                  
Commitments and Contingencies                
Stockholders' equity (deficit)                      
Preference shares, $0.0001 par value; 2,000,000 shares authorized; no issued and outstanding                
Ordinary shares, $0.0001 par value; 200,000,000 shares authorized; 3,600,000 and 4,331,351 shares issued and outstanding (excluding 13,800,000 and 13,068,649 shares subject to possible redemption) at June 30, 2021 and December 31, 2020, respectively 360 433 420 418 405   418 415      
Additional paid-in capital 0 6,909,687 5,613,100 5,388,402 4,086,625   5,378,502 5,056,575      
Accumulated deficit (13,597,922) (1,910,111) (613,519) (388,813) 912,975   (378,919) (56,986)      
Total Shareholders' (Deficit) Equity (13,597,562) 5,000,009 $ 5,000,001 5,000,007 $ 5,000,005   5,000,001 $ 5,000,004 $ 0    
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 139,495,048 139,848,631         139,256,207        
SHAPEWAYS, INC                      
Current assets                      
Cash 6,250,000 8,564,000         9,464,000        
Restricted cash 145,000 145,000         141,000        
Accounts receivable 1,016,000 185,000       $ 151,000 151,000     $ 220,000  
Inventory 516,000 727,000         440,000        
Promissory note due from related party 151,000 151,000         200,000        
Prepaid expenses and other current assets 4,172,000 1,910,000         1,953,000        
Total current assets 12,250,000 11,682,000         12,349,000        
Property and equipment, net 813,000 948,000         1,337,000        
Right-of-use assets, net 1,123,000 2,102,000   2,102,000              
Goodwill 1,835,000 1,835,000         1,835,000        
Security deposits 175,000 175,000         434,000        
TOTAL ASSETS 16,196,000 16,742,000         15,955,000        
Current liabilities                      
Accounts payable 1,308,000 1,633,000         2,079,000        
Accrued expenses and other liabilities 5,158,000 3,319,000         2,816,000        
Capital leases             17,000        
Current portion of long-term debt 6,906,000 8,332,000         6,333,000        
Operating lease liabilities, current 621,000 1,222,000   1,222,000              
Deferred revenue 626,000 753,000         425,000        
Total Liabilities 14,619,000 15,259,000         11,670,000        
Deferred rent             283,000        
Operating lease liabilities, net of current portion 670,000 1,094,000   1,094,000              
Long-term debt, net of current portion 722,000 2,236,000         3,571,000        
Total liabilities 16,011,000 18,589,000         15,524,000        
Commitments and Contingencies                
Stockholders' equity (deficit)                      
Preference shares, $0.0001 par value; 2,000,000 shares authorized; no issued and outstanding 2,000 2,000         2,000        
Ordinary shares, $0.0001 par value; 200,000,000 shares authorized; 3,600,000 and 4,331,351 shares issued and outstanding (excluding 13,800,000 and 13,068,649 shares subject to possible redemption) at June 30, 2021 and December 31, 2020, respectively 2,000 2,000         2,000        
Additional paid-in capital 113,469,000 112,993,000         112,186,000        
Accumulated deficit (112,994,000) (114,567,000)         (111,399,000)        
Accumulated other comprehensive loss (294,000) (277,000)         (360,000)        
Total Shareholders' (Deficit) Equity 185,000 (1,847,000)   $ (1,664,000)     431,000       $ 6,680,000
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 16,196,000 $ 16,742,000         $ 15,955,000