XML 16 R2.htm IDEA: XBRL DOCUMENT v3.23.3
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash $ 46,762 $ 46,458
Restricted cash 10,000 3,000
Accounts receivable, net 32,447 28,390
Inventory 323,473 169,154
Prepaid expense and other current assets 7,423 6,167
Current assets of discontinued operations 11,377 46,972
Total current assets 431,482 300,141
Property and equipment, net 76,078 21,417
Right-of-use assets 161,822 133,112
Goodwill 21,142 234,883
Intangible assets, net 247,413 302,066
Deferred tax assets 58,115 0
Assets of discontinued operations 22 26,079
Other assets 31,136 10,051
Total assets 1,027,210 1,027,749
Current liabilities:    
Accounts payable and other current liabilities 79,438 75,093
Vehicle floor plan note payable 220,176 63,637
Current portion of senior secured debt, convertible debt, and notes payable 3,645 4,322
Current liabilities of discontinued operations 8,435 36,019
Total current liabilities 311,694 179,071
Long -term liabilities:    
Senior secured note 317,494 253,438
Convertible debt, net 31,890 29,242
Line of credit and notes payable 25,000 150
Operating lease liabilities 126,695 114,687
Deferred tax liabilities 0 7,586
Other long-term liabilities 8,422 8,751
Non-current liabilities of discontinued operations 0 3,179
Total long-term liabilities 509,501 417,033
Total liabilities 821,195 596,104
Commitments and contingencies (Notes 2, 8, 9, 10, 11, 12, 14, 19, 21)
Stockholders' equity:    
Additional paid in capital 585,937 550,055
Accumulated deficit (375,619) (114,106)
Class B stock in treasury, at cost, 123,089 shares as of December 31, 2022 and 2021 (4,319) (4,319)
Total stockholders' equity 206,015 431,645
Total liabilities and stockholders' equity 1,027,210 1,027,749
Class A Common Shares    
Stockholders' equity:    
Common stock, value, issued 0 0
Class B Common Shares    
Stockholders' equity:    
Common stock, value, issued $ 16 $ 15