0001104659-22-088027.txt : 20220809 0001104659-22-088027.hdr.sgml : 20220809 20220809171833 ACCESSION NUMBER: 0001104659-22-088027 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20220809 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20220809 DATE AS OF CHANGE: 20220809 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CarLotz, Inc. CENTRAL INDEX KEY: 0001759008 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500] IRS NUMBER: 832456129 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38818 FILM NUMBER: 221149473 BUSINESS ADDRESS: STREET 1: 611 BAINBRIDGE STREET STREET 2: SUITE 100 CITY: RICHMOND STATE: VA ZIP: 23224 BUSINESS PHONE: (804) 728-3833 MAIL ADDRESS: STREET 1: 611 BAINBRIDGE STREET STREET 2: SUITE 100 CITY: RICHMOND STATE: VA ZIP: 23224 FORMER COMPANY: FORMER CONFORMED NAME: Acamar Partners Acquisition Corp. DATE OF NAME CHANGE: 20181114 8-K 1 tm2222992d1_8k.htm FORM 8-K
0001759008 false 0001759008 2022-08-09 2022-08-09 0001759008 us-gaap:CommonStockMember 2022-08-09 2022-08-09 0001759008 lotz:RedeemableWarrantsExercisableForClassCommonStockAtExercisePriceOf11.50PerShareMember 2022-08-09 2022-08-09 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or Section 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): August 9, 2022

 

CarLotz, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware 001-38818 83-2456129

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

 

3301 W. Moore St.

Richmond, Virginia 23230

(Address of principal executive offices, including zip code)

 

Registrant’s telephone number, including area code: (804) 510-0744

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

xWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class   Trading
Symbol(s)		   Name of Each Exchange on
Which Registered
Class A common stock, par value $0.0001 per share   LOTZ   The Nasdaq Global Market
Redeemable warrants, exercisable for Class A common stock at an exercise price of $11.50 per share   LOTZW   The Nasdaq Global Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company x

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

Item 2.02 Results of Operations and Financial Condition.

 

On August 9, 2022, CarLotz, Inc. issued a press release announcing its financial results for the fiscal quarter ended June 30, 2022. The press release dated August 9, 2022 is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference in its entirety.

 

Item 8.01 Other Events.

 

On August 9, 2022, CarLotz, Inc., a Delaware corporation (“CarLotz”), Shift Technologies, Inc., a Delaware corporation (“Shift”), and Shift Remarketing Operations, Inc., a Delaware corporation and direct wholly owned subsidiary of Shift (“Merger Sub”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) pursuant to which, among other things and subject to the terms and conditions contained therein, Merger Sub will be merged with and into CarLotz, with CarLotz continuing as the surviving corporation and as a direct wholly owned subsidiary of Shift (the “Merger”). On August 9, 2022, CarLotz and Shift issued a joint press release announcing the entry into the Merger Agreement. A copy of the press release is filed herewith as Exhibit 99.2 and is incorporated herein by reference.

 

Important Additional Information

 

In connection with the proposed transaction, Shift Technologies, Inc. (“Shift”) intends to file a registration statement on Form S-4 with the Securities and Exchange Commission (the “SEC”), that will include a joint proxy statement of Shift and CarLotz, that also constitutes a prospectus of Shift (the “joint proxy statement/prospectus”). Security holders of Shift and CarLotz are urged to carefully read the entire registration statement and joint proxy statement/prospectus and other relevant documents filed with the SEC when they become available, because they will contain important information. A definitive joint proxy statement/prospectus will be sent to Shift’s shareholders and to CarLotz’s shareholders. Security holders will be able to obtain the registration statement and the joint proxy statement/prospectus from the SEC’s website or from Shift or CarLotz as described in the paragraph below.

 

The documents filed by Shift with the SEC may be obtained free of charge at the SEC’s website at www.sec.gov. These documents may also be obtained free of charge from Shift by requesting them by mail at 290 Division Street, Suite 400, San Francisco, California. The documents filed by CarLotz with the SEC may be obtained free of charge at the SEC’s website at www.sec.gov. These documents may also be obtained free of charge from CarLotz by requesting them by mail at 3301 W. Moore St., Richmond, Virginia 23230.

 

Participants in the Solicitation

 

Shift, CarLotz and certain of their directors, executive officers and employees may be deemed participants in the solicitation of proxies in connection with the proposed transaction. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of proxies in connection with the proposed transaction, including a description of their direct or indirect interests, by security holdings or otherwise, will be set forth in the joint proxy statement/prospectus when it is filed with the SEC. Information about the directors and executive officers of CarLotz is set forth in the definitive proxy statement for CarLotz’s 2022 annual meeting of stockholders, as previously filed with the SEC on April 29, 2022 and in CarLotz’s Annual Report on Form 10-K for the year ended December 31, 2021, filed with the SEC on March 15, 2022, as supplemented by CarLotz subsequent filings with the SEC. Information about the directors and executive officers of Shift and their ownership of Shift shares is set forth in the definitive proxy statement for Shift’s 2022 annual meeting of stockholders, as previously filed with the SEC on June 26, 2022. Free copies of these documents may be obtained as described in the paragraph above.

 

 

 

 

No Offer or Solicitation

 

This communication shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, and otherwise in accordance with applicable law.

 

Forward-Looking Statements

 

This communication includes “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “forecast,” “intend,” “seek,” “target,” “anticipate,” “believe,” “expect,” “estimate,” “plan,” “outlook,” and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements, including those regarding the timing and consummation of the transactions described herein, involve risks and uncertainties. Shift’s and CarLotz’s experience and results may differ materially from the experience and results anticipated in such statements. Such forward looking statements include estimated financial information. Such forward looking statements with respect to revenues, earnings, performance, strategies, prospects and other aspects of Shift’s and CarLotz’s business are based on current expectations that are subject to risks and uncertainties. A number of factors could cause actual results or outcomes to differ materially from those indicated by such forward looking statements. These factors include, but are not limited to: (1) the risk that the conditions to the closing of the transaction are not satisfied, including the risk that required approvals from the stockholders of Shift or CarLotz for the transaction are not obtained; (2) litigation relating to the transaction; (3) uncertainties as to the timing of the consummation of the transaction and the ability of each party to consummate the transaction; (4) risks that the proposed transaction disrupts the current plans and operations of Shift or CarLotz; (5) the ability of Shift and CarLotz to retain and hire key personnel; (6) competitive responses to the proposed transaction; (7) unexpected costs, charges or expenses resulting from the transaction; (8) potential adverse reactions or changes to business relationships resulting from the announcement or completion of the transaction; (9) the combined companies’ ability to achieve the synergies expected from the transaction, as well as delays, challenges and expenses associated with integrating the combined companies’ existing businesses; (10) legislative, regulatory and economic developments; and (11) other risks and uncertainties indicated from time to time in other documents filed or to be filed with the SEC by Shift or CarLotz. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Neither Shift nor CarLotz undertake any commitment to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits.

 

See the Exhibit Index below, which is incorporated by reference herein.

 

EXHIBIT INDEX

 

Exhibit No. Exhibit Title
99.1 Press Release dated August 9, 2022
99.2 Joint Press Release dated August 9, 2022
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  CARLOTZ, INC.
   
Dated: August 9, 2022 By: /s/ Lev Peker
  Name: Lev Peker
  Title: Chief Executive Officer

 

 

 

 EX-99.1 2 tm2222992d1_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

 

 

CarLotz Announces Second Quarter Fiscal 2022 Financial Results

 

Second Quarter Revenue Grew 51% versus Last Year to $76.5 million

Second Quarter Retail Unit Sales of 2,421

Second Quarter F&I Revenue Grew 80% versus Last Year

 

 

August 9, 2022 – Richmond, VA (GLOBE NEWSWIRE) – CarLotz, Inc. (the “Company” or “CarLotz”; NASDAQ: LOTZ), a consignment-to-retail used vehicle marketplace, today announced financial results for the second quarter ended June 30, 2022.

 

Second Quarter 2022 Financial Results

 

•Net revenue increased 51% to $76.5 million from $50.8 million in the same period in 2021
•Retail unit sales increased 21% to 2,421 from 2,009 in the same period in 2021
•Finance & insurance revenue increased 80% to $3.2 million from $1.8 million in the same period in 2021
•Gross profit was $1.5 million compared to $4.2 million in the same period in 2021
•Retail GPU was $1,200 compared to $2,175 in the same period in 2021
•Net loss attributable to common shareholders was $(34.9) million, or $(0.31) per diluted share, compared to $(7.2) million, or $(0.06) per diluted share, in the same period in 2021
•Adjusted EBITDA was $(25.2) million compared to $(15.2) million in the same period in 2021

 

Definitive Merger Agreement with Shift

 

In a separate press release, CarLotz and Shift Technologies, Inc. (“Shift”) (Nasdaq: SFT) today announced that they have agreed to merge (the “Transaction”). Under the terms of the merger agreement, CarLotz shareholders are expected to receive approximately 0.692158 shares of Shift common stock for each share of CarLotz common stock. The actual exchange ratio will be adjusted at the closing based on Shift’s issued and outstanding shares prior to the effective time of the merger, relative to the fully diluted CarLotz shares prior to the effective time of the merger. Based on the expected exchange ratio, upon the closing of the merger Shift’s then-current equity holders will own approximately 52.9% of the combined company, and CarLotz’s then-current equity holders will own approximately 47.1% of the combined company, calculated on a fully diluted basis. We expect the Transaction to close in Q4 2022 subject to CarLotz’s and Shift’s shareholders' approvals and other customary and regulatory approvals.

 

Webcast and Conference Call Information

 

Given the announcement of the definitive merger agreement between CarLotz and Shift, CarLotz will not host a webcast and conference call to discuss the second quarter 2022 financial results.

 

Please refer to the investor presentation found on the Shift investor relations website and the investor call hosted by Shift management on Tuesday, August 9, 2022, at 5:00 p.m. ET for details regarding the proposed Transaction. Interested parties may access this webcast of the investor call from the investor relations website for Shift at Investor Relations | Shift Technologies, Inc..

 

About CarLotz

 

CarLotz operates a consignment-to-retail used vehicle marketplace that provides our corporate vehicle sourcing partners and retail sellers of used vehicles with the ability to easily access the retail sales channel. Our mission is to create the world's greatest vehicle buying and selling experience. We operate a technology-enabled buying, sourcing, and selling model that offers an omni-channel experience and diverse selection of vehicles. Our proprietary technology provides our corporate vehicle sourcing partners with real-time performance metrics and data analytics, along with custom business intelligence reporting that enables vehicle triage optimization between the wholesale and retail channels.

 

 

 

 

Important Additional Information

 

In connection with the proposed transaction, Shift Technologies, Inc. (“Shift”) intends to file a registration statement on Form S-4 with the Securities and Exchange Commission (the “SEC”), that will include a joint proxy statement of Shift and CarLotz, that also constitutes a prospectus of Shift (the “joint proxy statement/prospectus”). Security holders of Shift and CarLotz are urged to carefully read the entire registration statement and joint proxy statement/prospectus and other relevant documents filed with the SEC when they become available, because they will contain important information. A definitive joint proxy statement/prospectus will be sent to Shift’s shareholders and to CarLotz’ shareholders. Security holders will be able to obtain the registration statement and the joint proxy statement/prospectus from the SEC’s website or from Shift or CarLotz as described in the paragraph below.

 

The documents filed by Shift with the SEC may be obtained free of charge at the SEC’s website at www.sec.gov. These documents may also be obtained free of charge from Shift by requesting them by mail at 290 Division Street, Suite 400, San Francisco, California. The documents filed by CarLotz with the SEC may be obtained free of charge at the SEC’s website at www.sec.gov. These documents may also be obtained free of charge from CarLotz by requesting them by mail at 3301 W. Moore St., Richmond, Virginia 23230.

 

Participants in the Solicitation

 

Shift, CarLotz and certain of their directors, executive officers and employees may be deemed participants in the solicitation of proxies in connection with the proposed transaction. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of proxies in connection with the proposed transaction, including a description of their direct or indirect interests, by security holdings or otherwise, will be set forth in the joint proxy statement/prospectus when it is filed with the SEC. Information about the directors and executive officers of CarLotz is set forth in the definitive proxy statement for CarLotz’ 2022 annual meeting of stockholders, as previously filed with the SEC on April 29, 2022 and in CarLotz’ Annual Report on Form 10-K for the year ended December 31, 2021, filed with the SEC on March 15, 2022, as supplemented by CarLotz subsequent filings with the SEC. Information about the directors and executive officers of Shift and their ownership of Shift shares is set forth in the definitive proxy statement for Shift’s 2022 annual meeting of stockholders, as previously filed with the SEC on June 26, 2022. Free copies of these documents may be obtained as described in the paragraph above.

 

No Offer or Solicitation

 

This communication shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, and otherwise in accordance with applicable law.

 

Forward-Looking Statements

 

This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Generally, forward-looking statements include statements that are not historical facts, such as statements concerning possible or assumed future actions, business strategies, events or results of operations, including statements regarding CarLotz’ expectations or predictions of future financial or business performance or conditions, and regarding the timing and consummation of the Transaction. Forward-looking statements may be preceded by, followed by or include the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “will,” “should,” “seeks,” “plans,” “scheduled,” “anticipates” or “intends” or similar expressions. Such statements are based on management’s current expectations and are not guarantees of future performance. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the results projected, expressed or implied by these forward-looking statements. Factors that could cause such differences include those disclosed in CarLotz’ filings with the SEC, including those resulting from the impact of the ongoing Covid-19 pandemic on our business and general business and economic conditions and our ability to successfully execute our business plan. Forward-looking statements speak only as of the date they are made, and CarLotz is under no obligation, and expressly disclaims any obligation, to update, alter or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

 

Investors:

 

Susan Lewis, VP - Investor Relations, slewis@carlotz.com

 

CarLotzIR@icrinc.com

 

Media:

 

Leslie Griles, Leslie.Griles@CarLotz.com

  

 

 

 

CarLotz, Inc. and Subsidiaries — Condensed Consolidated Balance Sheet

(unaudited) 

(In thousands, except share data)

 

​  June 30,
2022		   December 31,
2021		 
Assets   ​    ​ 
Current Assets:   ​    ​ 
Cash and cash equivalents  $70,022   $75,029 
Restricted cash   4,021    4,336 
Marketable securities – at fair value   54,105    116,589 
Accounts receivable, net   10,012    8,206 
Inventories   31,893    40,985 
Other current assets   7,684    4,705 
Operating and finance lease assets, property, and equipment held for sale   28,526    — 
Total Current Assets   206,263    249,850 
Marketable securities – at fair value   848    1,941 
Property and equipment, net   7,044    22,628 
Capitalized website and internal-use software costs, net   12,918    13,716 
Operating lease assets   22,235    — 
Finance lease assets, net   2,803    — 
Lease vehicles, net   2,598    1,596 
Other assets   538    558 
Total Assets  $255,247   $290,289 
Liabilities and Stockholders’ Equity (Deficit)   ​    ​ 
Current Liabilities:   ​      
Current portion of finance lease liabilities  $90   $509 
Floor plan notes payable   15,689    27,815 
Accounts payable   3,926    6,352 
Accrued expenses   14,114    14,428 
Current portion of operating lease liabilities   4,445    — 
Other current liabilities   580    754 
Operating and finance lease liabilities associated with assets held for sale   30,122    — 
Total Current Liabilities   68,966    49,858 
Finance lease liabilities, less current portion   4,216    12,206 
Operating lease liabilities, less current portion   22,336    — 
Earnout shares liability   1,063    7,679 
Merger warrants liability   1,478    6,291 
Other liabilities   579    744 
Total Liabilities   98,638    76,778 
Commitments and Contingencies (Note 15)   —    — 
Stockholders’ Equity (Deficit):          
Common stock, $0.0001 par value; 500,000,000 authorized shares, 114,479,662 and 113,996,401 shares issued and outstanding at June 30, 2022 and December 31, 2021   11    11 
Additional paid-in capital   290,398    287,509 
Accumulated deficit   (133,657)   (73,916)
Accumulated other comprehensive (loss)   (143)   (93)
Total Stockholders’ Equity (Deficit)   156,609    213,511 
Total Liabilities and Stockholders’ Equity (Deficit)  $255,247   $290,289 

 

 

 

 

CarLotz, Inc. and Subsidiaries — Consolidated Statements of Operations

(unaudited) 

(In thousands, except per share and share data)

 

​  Three Months Ended June 30,   Six Months Ended June 30, 
​  2022   2021   2022   2021 
Revenues:  ​   ​   ​   ​ 
Retail vehicle sales  $59,211   $44,230   $109,799   $94,613 
Wholesale vehicle sales   13,949    4,660    22,524    9,228 
Finance and insurance, net   3,196    1,780    6,900    3,334 
Lease income, net   137    98    283    205 
Total Revenues   76,493    50,768    139,506    107,380 
Cost of sales (exclusive of depreciation)   75,011    46,586    135,947    101,190 
Gross Profit   1,482    4,182    3,559    6,190 
Operating Expenses:        ​    ​    ​ 
Selling, general and administrative   27,009    19,386    54,684    38,259 
Stock-based compensation expense   1,141    3,704    2,825    45,667 
Depreciation and amortization expense   2,359    95    4,147    478 
Management fee expense – related party   —    —    —    2 
Impairment expense   724    —    724    — 
Restructuring expenses   10,731    —    10,731    — 
Total Operating Expenses   41,964    23,185    73,111    84,406 
Loss from Operations   (40,482)   (19,003)   (69,552)   (78,216)
Interest expense   594    184    1,210    359 
Other Income, net        ​           
Change in fair value of Merger warrants liability   3,213    325    4,813    12,683 
Change in fair value of earnout shares   2,587    12,210    6,616    44,056 
Other income (expense)   371    (553)   (408)   (391)
Total Other Income, net   6,171    11,982    11,021    56,348 
Loss Before Income Tax Expense   (34,905)   (7,205)   (59,741)   (22,227)
Income tax expense   —    —    —    — 
Net Loss  $(34,905)  $(7,205)  $(59,741)  $(22,227)
Net Loss per Share, basic and diluted  $(0.31)  $(0.06)  $(0.52)  $(0.21)
Weighted-average Shares used in Computing Net Loss per Share, basic and diluted   114,237,681    113,670,060    114,146,645    107,279,227 

  

 

 

  

CarLotz, Inc. and Subsidiaries — Condensed Consolidated Statements of Cash Flows 

(unaudited) 

(In thousands, except per share and share data)

 

​  Six Months Ended June 30, 
​  2022   2021 
Cash Flow from Operating Activities  ​   ​ 
Net loss  $(59,741)  $(22,227)
Adjustments to reconcile net loss to net cash used in operating activities        ​ 
Depreciation and amortization – property, equipment, ROU assets and capitalized software   6,725    448 
Impairment expense   724    — 
Restructuring charges   10,731    — 
Amortization and accretion - marketable securities   752    788 
Depreciation – lease vehicles   217    30 
Provision for doubtful accounts   777    — 
Stock-based compensation expense   2,825    45,667 
Change in fair value of Merger warrants liability   (4,813)   (12,683)
Change in fair value of earnout shares   (6,616)   (44,056)
Change in Operating Assets and Liabilities:   ​    ​ 
Accounts receivable   (2,583)   (1,279)
Inventories   9,092    (36,117)
Other current assets   (2,979)   (5,466)
Other assets   20    (4,091)
Accounts payable   (2,426)   2,499 
Accrued expenses   (161)   6,187 
Accrued expenses – related party   —    (229)
Other current liabilities   (174)   447 
Other liabilities   (166)   (582)
Net Cash Used in Operating Activities   (47,796)   (70,664)
Cash Flows from Investing Activities   ​    ​ 
Purchase of property and equipment   (5,106)   (3,548)
Capitalized website and internal-use software costs   (1,734)   (6,601)
Purchase of marketable securities   (52,072)   (307,560)
Proceeds from sales of marketable securities   114,915    128,954 
Purchase of lease vehicles   (1,220)   (344)
Net Cash (Used in) Provided by Investing Activities   54,783    (189,099)
Cash Flows from Financing Activities   ​    ​ 
Payments made on finance leases   (246)   (18)
Advance from holder of marketable securities   —    4,722 
PIPE issuance   —    125,000 
Merger financing   —    309,999 
Payment made on accrued dividends   —    (4,853)
Payments to existing shareholders of Former CarLotz   —    (62,693)
Transaction costs and advisory fees   —    (47,579)
Payments made on cash considerations associated with stock options   —    (2,465)
Repayment of Paycheck Protection Program loan   —    (1,749)
Payments made on note payable   —    (3,000)
Payments on floor plan notes payable   (82,394)   (29,056)
Borrowings on floor plan notes payable   70,268    52,444 
Employee stock option exercise   66    — 
Payments made for tax on equity award transactions   (3)   — 
Net Cash (Used in) Provided by Financing Activities   (12,309)   340,752 
Net Change in Cash and Cash Equivalents Including Restricted Cash   (5,322)   80,989 
Cash and cash equivalents and restricted cash, beginning   79,365    2,813 
Cash and cash equivalents and restricted cash, ending  $74,043   $83,802 
Supplemental Disclosure of Cash Flow Information          
Cash paid for interest  $1,163   $490 
Supplementary Schedule of Non-cash Investing and Financing Activities:        ​ 
Transfer from lease vehicles to inventory  $—   $150 
KAR/AFC exercise of stock warrants   —    (144)
KAR/AFC conversion of notes payable   —    (3,625)
Convertible redeemable preferred stock tranche obligation expiration   —    (2,832)
Capitalized website and internal use software costs accrued   —    (3,488)
Purchases of property under capital lease obligation   (247)   (6,504)

  

 

 

 

CarLotz, Inc. and Subsidiaries — Results of Operations and Retail Gross Profit per Unit 

(unaudited) 

(In thousands, except share data)

 

​  Three Months Ended June 30,   Six Months Ended June 30, 
​  2022   2021   Change   2022   2021   Change 
​  ($ in thousands, except per unit metrics)   ($ in thousands, except per unit metrics) 
Revenue:                        
Retail vehicle sales  $59,211   $44,230    33.9%  $109,799   $94,613    16.1%
Wholesale vehicle sales   13,949    4,660    199.3%   22,524    9,228    144.1%
Finance and insurance, net   3,196    1,780    79.6%   6,900    3,334    107.0%
Lease income, net   137    98    39.8%   283    205    38.0%
Total revenues   76,493    50,768    50.7%   139,506    107,380    29.9%
Cost of sales:   ​    ​         ​    ​      
Retail vehicle cost of sales   59,502    41,641    42.9%   111,917    90,558    23.6%
Wholesale vehicle cost of sales   15,509    4,945    213.6%   24,030    10,632    126.0%
Total cost of sales  $75,011   $46,586    61.0%  $135,947   $101,190    34.3%
Gross profit:   ​    ​         ​    ​      
Retail vehicle gross profit (loss)  $(291)  $2,589    (111.2)%  $(2,118)  $4,055    (152.2)%
Wholesale vehicle gross profit (loss)   (1,560)   (285)   (447.4)%   (1,506)   (1,404)   7.3%
Finance and insurance gross profit   3,196    1,780    79.6%   6,900    3,334    107.0%
Lease income, net   137    98    39.8%   283    205    38.0%
Total gross profit  $1,482   $4,182    (64.6)%  $3,559   $6,190    (42.5)%
Retail gross profit per unit(1):   ​    ​    ​    ​    ​    ​ 
Retail vehicle gross profit (loss)   (291)   2,589    (111.2)%   (2,118)   4,055    (152.2)%
Finance and insurance gross profit   3,196    1,780    79.6%   6,900    3,334    107.0%
Total retail vehicle and finance and insurance gross profit   2,905    4,369    (33.5)%   4,782    7,389    (35.3)%
Retail vehicle unit sales   2,421    2,009    20.5%   4,691    4,563    2.8%
Retail vehicle gross profit per unit  $1,200   $2,175    (44.8)%  $1,019   $1,619    (37.1)%
Wholesale gross profit per unit(2):                              
Wholesale vehicle gross profit (loss)   (1,560)   (285)   (447.4)%   (1,506)   (1,404)   7.3%
Wholesale vehicle unit sales   706    394    79.2%   1,270    837    51.7%
Wholesale vehicle gross profit per unit  $(2,210)  $(723)   (205.7)%  $(1,186)  $(1,677)   29.3%

 

(1) Gross profit per unit is calculated as gross profit for retail vehicles and finance and insurance, each of which is divided by the total number of retail vehicles sold in the period.

(2) Wholesale gross profit per unit is calculated as gross profit for wholesale vehicles, each of which is divided by the total number of wholesale vehicles sold in the period.

 

 

 

 

 

Reconciliation of Non-GAAP Financial Measures

 

To supplement the consolidated financial statements, which are prepared and presented in accordance with GAAP, we also present the following non-GAAP measures: EBITDA and Adjusted EBITDA. We believe the presentation of both GAAP and non-GAAP financial measures provides investors with increased transparency into financial measures used by our management team, and it also improves investors’ understanding of our underlying operating performance and their ability to analyze our ongoing operating trends. All historic non-GAAP financial measures have been reconciled with the most directly comparable GAAP financial measures.

 

EBITDA is defined as net loss attributable to common stockholders adjusted to exclude interest expense, income tax expense and depreciation and amortization expense.

 

Adjusted EBITDA is EBITDA adjusted to exclude certain expenses related to the Company’s capital structure and management fee expense prior to the merger pursuant to that certain Agreement and Plan of Merger, dated as of October 21, 2020 (as amended by Amendment No. 1, dated December 16, 2020), by and among CarLotz, Inc. (f/k/a Acamar Partners Acquisition Corp.), Acamar Partners Sub, Inc., a wholly owned subsidiary of CarLotz, Inc., and CarLotz Group, Inc. (f/k/a CarLotz, Inc.) (“Former CarLotz”), pursuant to which Acamar Partners Sub, Inc. merged with and into Former CarLotz, with Former CarLotz surviving as the surviving company and as a wholly owned subsidiary of CarLotz, Inc. (the “Merger”), , stock compensation expense and other non-operating income and expenses, including interest, investment gain/loss and nonrecurring income/expense.

 

Management believes the inclusion of supplementary adjustments to EBITDA applied in presenting Adjusted EBITDA is useful to investors in comparing the Company’s performance prior to the Merger and the Company’s performance following the Merger.

 

EBITDA and Adjusted EBITDA have limitations as analytical tools, and should not be considered in isolation or as a substitute for analysis of the results as reported under GAAP. These measures may not be comparable to similarly titled measures reported by other companies.

 

The following tables reconcile EBITDA and Adjusted EBITDA to net loss attributable to common stockholders for the periods presented:

 

 

 

 

CarLotz, Inc. and Subsidiaries — EBITDA and Adjusted EBITDA 

(unaudited) 

(In thousands, except share data)

 

   Three Months Ended June 30,   Six Months Ended June 30, 
   2022   2021   2022   2021 
   ($ in thousands) 
Net Loss  $(34,905)  $(7,205)  $(59,741)  $(22,227)
Adjusted to exclude the following:                    
Interest expense   594    184    1,210    359 
Income tax expense   —    —    —    — 
Depreciation and amortization expense   2,359    95    4,147    478 
EBITDA  $(31,952)  $(6,926)  $(54,384)  $(21,390)
Other expense   (371)   553    408    391 
Stock compensation expense   1,141    3,704    2,825    45,667 
Management fee expense - related party   —    —    —    2 
Change in fair value of warrants liability   (3,213)   (325)   (4,813)   (12,683)
Change in fair value of earnout provision   (2,587)   (12,210)   (6,616)   (44,056)
Restructuring expense   11,741    —    11,741    — 
Adjusted EBITDA  $(25,241)  $(15,204)  $(50,839)  $(32,069)

 

 

 

 EX-99.2 3 tm2222992d1_ex99-2.htm EXHIBIT 99.2

Exhibit 99.2

 

Shift and CarLotz Agree To Merge, Creating a Differentiated Used Auto Ecommerce Retailer

 

●Merger will create a leading omnichannel auto retailer
●Combination of complementary geographic footprints, with Shift’s strong presence on the West Coast and CarLotz’s retail stores in the mid-Atlantic region
●Upon close, combined company anticipated to have a cash position of approximately $125 million

 

SAN FRANCISCO and RICHMOND, August 9, 2022 — Shift Technologies, Inc. (Nasdaq: SFT), a leading end-to-end ecommerce platform for buying and selling used cars, and CarLotz, Inc. (Nasdaq: LOTZ), a leading consignment-to-retail used vehicle marketplace, announced today that they have entered into a definitive agreement to combine in a stock-for-stock merger. The combined company will continue to trade on Nasdaq under the ticker SFT.

 

The combination will create the destination for the best online and in-person used car purchasing experience, allowing the customer to seamlessly shop the broadest assortment of used vehicle inventory, and complete the transaction however they prefer.

 

The merger brings together the most profitable assets of both companies. The two businesses have complementary geographies, with Shift’s footprint concentrated on the West Coast, while CarLotz has built a strong presence in the mid-Atlantic region. CarLotz will be able to leverage Shift’s proprietary inventory acquisition engine and at-home delivery offering to obtain differentiated inventory and expand its geographic footprint, while Shift will be able to leverage CarLotz’s presence to scale its dealer marketplace on the East Coast.

 

“The Shift and CarLotz teams have admired each other and our respective businesses for quite some time. We’ve always seen a considerable amount of strategic and cost synergies with a combined entity,” said George Arison, Shift’s Co-Founder and CEO. “We are strongly convinced that the merger will put us in a position to pursue a profitable future. As such, this is a transformative moment in Shift’s history by enabling us to advance our vision to be the end-to-end destination for car ownership that controls its own destiny.”

 

“While this is an exciting day for both companies, the merging of Shift and CarLotz will be most beneficial to consumers looking to buy or sell a used car,” said Lev Peker, CEO of CarLotz. “Shift’s technology and consumer sourcing abilities combined with our consignment and retail remarketing expertise will provide one extraordinary, omnichannel experience."

 

“We see immense opportunity in combining Shift’s proprietary acquisition engine, which excels in buying cars from customers, with CarLotz’s unique consignment relationships to create a truly differentiated inventory strategy,” said Jeff Clementz, Shift’s President and incoming CEO. “There’s also potential to leverage Shift’s back-end technology and online checkout flow at CarLotz’s retail locations, to drive significant process and cost efficiencies.”

 

 

 

 

Under the terms of the merger agreement, CarLotz shareholders are expected to receive approximately 0.692158 shares of Shift common stock for each share of CarLotz common stock. The actual exchange ratio will be adjusted at the closing based on Shift’s issued and outstanding shares prior to the effective time of the merger, relative to the fully diluted CarLotz shares prior to the effective time of the merger. Based on the expected exchange ratio, upon the closing of the merger Shift’s then-current equity holders will own approximately 52.9% of the combined company, and CarLotz’s then-current equity holders will own approximately 47.1% of the combined company, calculated on a fully diluted basis. We expect the transaction to close in Q4 2022 subject to CarLotz’s and Shift’s shareholders' approvals and other customary and regulatory approvals.

 

Shift is advised by Centerview Partners and Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC. as financial advisor and Jenner & Block LLP as legal counsel. CarLotz is advised by William Blair & Company as financial advisor and Freshfields Bruckhaus Deringer LLP as legal counsel.

 

More information regarding the merger can be found in the presentation on Shift’s investor relations website.

 

About Shift

Shift is a leading end-to-end auto ecommerce platform transforming the used car industry with a technology-driven, hassle-free customer experience. Shift’s mission is to make car purchase and ownership simple — to make buying or selling a used car fun, fair, and accessible to everyone. Shift provides comprehensive, digital solutions throughout the car ownership lifecycle, enabling customers to purchase a vehicle online with financing and vehicle protection products, and a vision to provide high-value support services during car ownership. For more information please visit www.shift.com.

 

About CarLotz

CarLotz operates a consignment-to-retail used vehicle marketplace that provides its corporate vehicle sourcing partners and retail sellers of used vehicles with the ability to easily access the retail sales channel. CarLotz’s mission is to create the world's greatest vehicle buying and selling experience. The Company operates a technology-enabled buying, sourcing, and selling model that offers an omni-channel experience and diverse selection of vehicles. CarLotz’s technology provides its corporate vehicle sourcing partners with real-time performance metrics and data analytics, along with custom business intelligence reporting that enables vehicle triage optimization between the wholesale and retail channels. For more information please visit www.carlotz.com.

 

Important Additional Information

In connection with the proposed transaction, Shift Technologies, Inc. (“Shift”) intends to file a registration statement on Form S-4 with the Securities and Exchange Commission (the “SEC”), that will include a joint proxy statement of Shift and CarLotz, that also constitutes a prospectus of Shift (the “joint proxy statement/prospectus”). Security holders of Shift and CarLotz are urged to carefully read the entire registration statement and joint proxy statement/prospectus and other relevant documents filed with the SEC when they become available, because they will contain important information. A definitive joint proxy statement/prospectus will be sent to Shift’s shareholders and to CarLotz’s shareholders. Security holders will be able to obtain the registration statement and the joint proxy statement/prospectus from the SEC’s website or from Shift or CarLotz as described in the paragraph below.

 

 

 

 

The documents filed by Shift with the SEC may be obtained free of charge at the SEC’s website at www.sec.gov. These documents may also be obtained free of charge from Shift by requesting them by mail at 290 Division Street, Suite 400, San Francisco, California. The documents filed by CarLotz with the SEC may be obtained free of charge at the SEC’s website at www.sec.gov. These documents may also be obtained free of charge from CarLotz by requesting them by mail at 3301 W. Moore St., Richmond, Virginia 23230.

 

Participants in the Solicitation

Shift, CarLotz and certain of their directors, executive officers and employees may be deemed participants in the solicitation of proxies in connection with the proposed transaction. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of proxies in connection with the proposed transaction, including a description of their direct or indirect interests, by security holdings or otherwise, will be set forth in the joint proxy statement/prospectus when it is filed with the SEC. Information about the directors and executive officers of CarLotz is set forth in the definitive proxy statement for CarLotz’s 2022 annual meeting of stockholders, as previously filed with the SEC on April 29, 2022 and in CarLotz’s Annual Report on Form 10-K for the year ended December 31, 2021, filed with the SEC on March 15, 2022, as supplemented by CarLotz subsequent filings with the SEC. Information about the directors and executive officers of Shift and their ownership of Shift shares is set forth in the definitive proxy statement for Shift’s 2022 annual meeting of stockholders, as previously filed with the SEC on June 26, 2022. Free copies of these documents may be obtained as described in the paragraph above.

 

No Offer or Solicitation

This communication shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, and otherwise in accordance with applicable law.

 

Forward-Looking Statements

This communication includes “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “forecast,” “intend,” “seek,” “target,” “anticipate,” “believe,” “expect,” “estimate,” “plan,” “outlook,” and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements, including those regarding the timing and consummation of the transactions described herein, involve risks and uncertainties. Shift’s and CarLotz’s experience and results may differ materially from the experience and results anticipated in such statements. A number of factors could cause actual results or outcomes to differ materially from those indicated by such forward looking statements. These factors include, but are not limited to: (1) the risk that the conditions to the closing of the transaction are not satisfied, including the risk that required approvals from the stockholders of Shift or CarLotz for the transaction are not obtained; (2) litigation relating to the transaction; (3) uncertainties as to the timing of the consummation of the transaction and the ability of each party to consummate the transaction; (4) risks that the proposed transaction disrupts the current plans and operations of Shift or CarLotz; (5) the ability of Shift and CarLotz to retain and hire key personnel; (6) competitive responses to the proposed transaction; (7) unexpected costs, charges or expenses resulting from the transaction; (8) potential adverse reactions or changes to business relationships resulting from the announcement or completion of the transaction; (9) the combined companies’ ability to achieve the synergies expected from the transaction, as well as delays, challenges and expenses associated with integrating the combined companies’ existing businesses; and (10) legislative, regulatory and economic developments. Other factors that might cause such a difference include those discussed in Shift’s and CarLotz’s filings with the SEC, which include their Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, and in the joint proxy statement/prospectus on Form S-4 to be filed in connection with the proposed transaction. For more information, see the section entitled “Risk Factors” and the forward looking statements disclosure contained in Shift’s and CarLotz’s Annual Reports on Form 10-K and in other filings. The forward-looking statements included in this communication are made only as of the date hereof and, except as required by federal securities laws and rules and regulations of the SEC, Shift and CarLotz undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

 

Media Contact

press@shift.com

 

Leslie Griles

leslie.griles@CarLotz.com

 

 

 

 

 

 EX-101.SCH 4 lotz-20220809.xsd XBRL TAXONOMY EXTENSION SCHEMA 00000001 - Document - Cover link:presentationLink link:calculationLink link:definitionLink EX-101.DEF 5 lotz-20220809_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 6 lotz-20220809_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Class of Stock [Axis] Common Stock [Member] Redeemable warrants, exercisable for Class A common stock at an exercise price of $11.50 per share [Member] Statement [Table] Document Information [Line Items] Document Type Amendment Flag Amendment Description Document Registration Statement Document Annual Report Document Quarterly Report Document Transition Report Document Shell Company Report Document Shell Company Event Date Document Period Start Date Document Period End Date Document Fiscal Period Focus Document Fiscal Year Focus Current Fiscal Year End Date Entity File Number Entity Registrant Name Entity Central Index Key Entity Primary SIC Number Entity Tax Identification Number Entity Incorporation, State or Country Code Entity Address, Address Line One Entity Address, Address Line Two Entity Address, Address Line Three Entity Address, City or Town Entity Address, State or Province Entity Address, Country Entity Address, Postal Zip Code Country Region City Area Code Local Phone Number Extension Written Communications Soliciting Material Pre-commencement Tender Offer Pre-commencement Issuer Tender Offer Title of 12(b) Security No Trading Symbol Flag Trading Symbol Security Exchange Name Title of 12(g) Security Security Reporting Obligation Annual Information Form Audited Annual Financial Statements Entity Well-known Seasoned Issuer Entity Voluntary Filers Entity Current Reporting Status Entity Interactive Data Current Entity Filer Category Entity Small Business Entity Emerging Growth Company Elected Not To Use the Extended Transition Period Document Accounting Standard Other Reporting Standard Item Number Entity Shell Company Entity Public Float Entity Bankruptcy Proceedings, Reporting Current Entity Common Stock, Shares Outstanding Documents Incorporated by Reference [Text Block] Redeemable warrants, exercisable for Class A common stock at an exercise price of $11.50 per share EX-101.PRE 7 lotz-20220809_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 8 R1.htm IDEA: XBRL DOCUMENT v3.22.2
Cover
Aug. 09, 2022
Document Information [Line Items]  
Document Type 8-K
Amendment Flag false
Document Period End Date Aug. 09, 2022
Entity File Number 001-38818
Entity Registrant Name CarLotz, Inc.
Entity Central Index Key 0001759008
Entity Tax Identification Number 83-2456129
Entity Incorporation, State or Country Code DE
Entity Address, Address Line One 3301 W. Moore St
Entity Address, City or Town Richmond
Entity Address, State or Province VA
Entity Address, Postal Zip Code 23230
City Area Code 804
Local Phone Number 510-0744
Written Communications true
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company true
Elected Not To Use the Extended Transition Period false
Common Stock [Member]  
Document Information [Line Items]  
Title of 12(b) Security Class A common stock, par value $0.0001 per share
Trading Symbol LOTZ
Security Exchange Name NASDAQ
Redeemable warrants, exercisable for Class A common stock at an exercise price of $11.50 per share [Member]  
Document Information [Line Items]  
Title of 12(b) Security Redeemable warrants, exercisable for Class A common stock at an exercise price of $11.50 per share
Trading Symbol LOTZW
Security Exchange Name NASDAQ
XML 9 tm2222992d1_8k_htm.xml IDEA: XBRL DOCUMENT 0001759008 2022-08-09 2022-08-09 0001759008 us-gaap:CommonStockMember 2022-08-09 2022-08-09 0001759008 lotz:RedeemableWarrantsExercisableForClassCommonStockAtExercisePriceOf11.50PerShareMember 2022-08-09 2022-08-09 iso4217:USD shares iso4217:USD shares 0001759008 false 8-K 2022-08-09 CarLotz, Inc. DE 001-38818 83-2456129 3301 W. Moore St Richmond VA 23230 804 510-0744 true false false false Class A common stock, par value $0.0001 per share LOTZ NASDAQ Redeemable warrants, exercisable for Class A common stock at an exercise price of $11.50 per share LOTZW NASDAQ true false EXCEL 10 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 11 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 12 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 13 FilingSummary.xml IDEA: XBRL DOCUMENT 3.22.2 html 3 23 1 false 2 0 false 3 false false R1.htm 00000001 - Document - Cover Sheet http://carlotz.com/role/Cover Cover Cover 1 false false All Reports Book All Reports tm2222992d1_8k.htm lotz-20220809.xsd lotz-20220809_def.xml lotz-20220809_lab.xml lotz-20220809_pre.xml tm2222992d1_ex99-1.htm tm2222992d1_ex99-2.htm http://xbrl.sec.gov/dei/2021q4 true false JSON 15 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "tm2222992d1_8k.htm": { "axisCustom": 0, "axisStandard": 1, "contextCount": 3, "dts": { "definitionLink": { "local": [ "lotz-20220809_def.xml" ] }, "inline": { "local": [ "tm2222992d1_8k.htm" ] }, "labelLink": { "local": [ "lotz-20220809_lab.xml" ] }, "presentationLink": { "local": [ "lotz-20220809_pre.xml" ] }, "schema": { "local": [ "lotz-20220809.xsd" ], "remote": [ "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd", "https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd", "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd", "https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd", "https://xbrl.fasb.org/srt/2021/elts/srt-roles-2021-01-31.xsd", "https://xbrl.fasb.org/srt/2021/elts/srt-types-2021-01-31.xsd", "https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd", "https://xbrl.fasb.org/us-gaap/2021/elts/us-roles-2021-01-31.xsd", "https://xbrl.fasb.org/us-gaap/2021/elts/us-types-2021-01-31.xsd", "https://xbrl.sec.gov/country/2021/country-2021.xsd", "https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd" ] } }, "elementCount": 65, "entityCount": 1, "hidden": { "http://xbrl.sec.gov/dei/2021q4": 2, "total": 2 }, "keyCustom": 0, "keyStandard": 23, "memberCustom": 1, "memberStandard": 1, "nsprefix": "lotz", "nsuri": "http://carlotz.com/20220809", "report": { "R1": { "firstAnchor": { "ancestors": [ "span", "b", "p", "body", "html" ], "baseRef": "tm2222992d1_8k.htm", "contextRef": "From2022-08-09to2022-08-09", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "00000001 - Document - Cover", "role": "http://carlotz.com/role/Cover", "shortName": "Cover", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "b", "p", "body", "html" ], "baseRef": "tm2222992d1_8k.htm", "contextRef": "From2022-08-09to2022-08-09", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } } }, "segmentCount": 2, "tag": { "dei_AmendmentDescription": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Description of changes contained within amended document.", "label": "Amendment Description" } } }, "localname": "AmendmentDescription", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "stringItemType" }, "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_AnnualInformationForm": { "auth_ref": [ "r14" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag with value true on a form if it is an annual report containing an annual information form.", "label": "Annual Information Form" } } }, "localname": "AnnualInformationForm", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_AuditedAnnualFinancialStatements": { "auth_ref": [ "r14" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag with value true on a form if it is an annual report containing audited financial statements.", "label": "Audited Annual Financial Statements" } } }, "localname": "AuditedAnnualFinancialStatements", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_CityAreaCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Area code of city", "label": "City Area Code" } } }, "localname": "CityAreaCode", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_CountryRegion": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Region code of country", "label": "Country Region" } } }, "localname": "CountryRegion", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_CoverAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Cover page." } } }, "localname": "CoverAbstract", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "xbrltype": "stringItemType" }, "dei_CurrentFiscalYearEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "End date of current fiscal year in the format --MM-DD.", "label": "Current Fiscal Year End Date" } } }, "localname": "CurrentFiscalYearEndDate", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "gMonthDayItemType" }, "dei_DocumentAccountingStandard": { "auth_ref": [ "r13" ], "lang": { "en-us": { "role": { "documentation": "The basis of accounting the registrant has used to prepare the financial statements included in this filing This can either be 'U.S. GAAP', 'International Financial Reporting Standards', or 'Other'.", "label": "Document Accounting Standard" } } }, "localname": "DocumentAccountingStandard", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "accountingStandardItemType" }, "dei_DocumentAnnualReport": { "auth_ref": [ "r11", "r13", "r14" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as an annual report.", "label": "Document Annual Report" } } }, "localname": "DocumentAnnualReport", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentFiscalPeriodFocus": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Fiscal period values are FY, Q1, Q2, and Q3. 1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY.", "label": "Document Fiscal Period Focus" } } }, "localname": "DocumentFiscalPeriodFocus", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "fiscalPeriodItemType" }, "dei_DocumentFiscalYearFocus": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "This is focus fiscal year of the document report in YYYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.", "label": "Document Fiscal Year Focus" } } }, "localname": "DocumentFiscalYearFocus", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "gYearItemType" }, "dei_DocumentInformationLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Document Information [Line Items]" } } }, "localname": "DocumentInformationLineItems", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "stringItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.", "label": "Document Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "dateItemType" }, "dei_DocumentPeriodStartDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The start date of the period covered in the document, in YYYY-MM-DD format.", "label": "Document Period Start Date" } } }, "localname": "DocumentPeriodStartDate", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "dateItemType" }, "dei_DocumentQuarterlyReport": { "auth_ref": [ "r12" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as an quarterly report.", "label": "Document Quarterly Report" } } }, "localname": "DocumentQuarterlyReport", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentRegistrationStatement": { "auth_ref": [ "r0" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as a registration statement.", "label": "Document Registration Statement" } } }, "localname": "DocumentRegistrationStatement", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentShellCompanyEventDate": { "auth_ref": [ "r13" ], "lang": { "en-us": { "role": { "documentation": "Date of event requiring a shell company report.", "label": "Document Shell Company Event Date" } } }, "localname": "DocumentShellCompanyEventDate", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "dateItemType" }, "dei_DocumentShellCompanyReport": { "auth_ref": [ "r13" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true for a Shell Company Report pursuant to section 13 or 15(d) of the Exchange Act.", "label": "Document Shell Company Report" } } }, "localname": "DocumentShellCompanyReport", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentTransitionReport": { "auth_ref": [ "r15" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as a transition report.", "label": "Document Transition Report" } } }, "localname": "DocumentTransitionReport", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "submissionTypeItemType" }, "dei_DocumentsIncorporatedByReferenceTextBlock": { "auth_ref": [ "r3" ], "lang": { "en-us": { "role": { "documentation": "Documents incorporated by reference.", "label": "Documents Incorporated by Reference [Text Block]" } } }, "localname": "DocumentsIncorporatedByReferenceTextBlock", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "textBlockItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity Address, Address Line One" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressAddressLine2": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 2 such as Street or Suite number", "label": "Entity Address, Address Line Two" } } }, "localname": "EntityAddressAddressLine2", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressAddressLine3": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 3 such as an Office Park", "label": "Entity Address, Address Line Three" } } }, "localname": "EntityAddressAddressLine3", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the City or Town", "label": "Entity Address, City or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCountry": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "ISO 3166-1 alpha-2 country code.", "label": "Entity Address, Country" } } }, "localname": "EntityAddressCountry", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "countryCodeItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity Address, Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressStateOrProvince": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the state or province.", "label": "Entity Address, State or Province" } } }, "localname": "EntityAddressStateOrProvince", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "stateOrProvinceItemType" }, "dei_EntityBankruptcyProceedingsReportingCurrent": { "auth_ref": [ "r6" ], "lang": { "en-us": { "role": { "documentation": "For registrants involved in bankruptcy proceedings during the preceding five years, the value Yes indicates that the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court; the value No indicates the registrant has not. Registrants not involved in bankruptcy proceedings during the preceding five years should not report this element.", "label": "Entity Bankruptcy Proceedings, Reporting Current" } } }, "localname": "EntityBankruptcyProceedingsReportingCurrent", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityCommonStockSharesOutstanding": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.", "label": "Entity Common Stock, Shares Outstanding" } } }, "localname": "EntityCommonStockSharesOutstanding", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "sharesItemType" }, "dei_EntityCurrentReportingStatus": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.", "label": "Entity Current Reporting Status" } } }, "localname": "EntityCurrentReportingStatus", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_EntityEmergingGrowthCompany": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Indicate if registrant meets the emerging growth company criteria.", "label": "Entity Emerging Growth Company" } } }, "localname": "EntityEmergingGrowthCompany", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityExTransitionPeriod": { "auth_ref": [ "r19" ], "lang": { "en-us": { "role": { "documentation": "Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.", "label": "Elected Not To Use the Extended Transition Period" } } }, "localname": "EntityExTransitionPeriod", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityFileNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.", "label": "Entity File Number" } } }, "localname": "EntityFileNumber", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "fileNumberItemType" }, "dei_EntityFilerCategory": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.", "label": "Entity Filer Category" } } }, "localname": "EntityFilerCategory", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "filerCategoryItemType" }, "dei_EntityIncorporationStateCountryCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Two-character EDGAR code representing the state or country of incorporation.", "label": "Entity Incorporation, State or Country Code" } } }, "localname": "EntityIncorporationStateCountryCode", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "edgarStateCountryItemType" }, "dei_EntityInteractiveDataCurrent": { "auth_ref": [ "r16" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).", "label": "Entity Interactive Data Current" } } }, "localname": "EntityInteractiveDataCurrent", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_EntityPrimarySicNumber": { "auth_ref": [ "r14" ], "lang": { "en-us": { "role": { "documentation": "Primary Standard Industrial Classification (SIC) Number for the Entity.", "label": "Entity Primary SIC Number" } } }, "localname": "EntityPrimarySicNumber", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "sicNumberItemType" }, "dei_EntityPublicFloat": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter.", "label": "Entity Public Float" } } }, "localname": "EntityPublicFloat", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "monetaryItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityShellCompany": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.", "label": "Entity Shell Company" } } }, "localname": "EntityShellCompany", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntitySmallBusiness": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Indicates that the company is a Smaller Reporting Company (SRC).", "label": "Entity Small Business" } } }, "localname": "EntitySmallBusiness", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityTaxIdentificationNumber": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.", "label": "Entity Tax Identification Number" } } }, "localname": "EntityTaxIdentificationNumber", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "employerIdItemType" }, "dei_EntityVoluntaryFilers": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.", "label": "Entity Voluntary Filers" } } }, "localname": "EntityVoluntaryFilers", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_EntityWellKnownSeasonedIssuer": { "auth_ref": [ "r17" ], "lang": { "en-us": { "role": { "documentation": "Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.", "label": "Entity Well-known Seasoned Issuer" } } }, "localname": "EntityWellKnownSeasonedIssuer", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_Extension": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Extension number for local phone number.", "label": "Extension" } } }, "localname": "Extension", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_LocalPhoneNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Local phone number for entity.", "label": "Local Phone Number" } } }, "localname": "LocalPhoneNumber", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_NoTradingSymbolFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a security having no trading symbol.", "label": "No Trading Symbol Flag" } } }, "localname": "NoTradingSymbolFlag", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "trueItemType" }, "dei_OtherReportingStandardItemNumber": { "auth_ref": [ "r13" ], "lang": { "en-us": { "role": { "documentation": "\"Item 17\" or \"Item 18\" specified when the basis of accounting is neither US GAAP nor IFRS.", "label": "Other Reporting Standard Item Number" } } }, "localname": "OtherReportingStandardItemNumber", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "otherReportingStandardItemNumberItemType" }, "dei_PreCommencementIssuerTenderOffer": { "auth_ref": [ "r7" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.", "label": "Pre-commencement Issuer Tender Offer" } } }, "localname": "PreCommencementIssuerTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_PreCommencementTenderOffer": { "auth_ref": [ "r8" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.", "label": "Pre-commencement Tender Offer" } } }, "localname": "PreCommencementTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_Security12bTitle": { "auth_ref": [ "r1" ], "lang": { "en-us": { "role": { "documentation": "Title of a 12(b) registered security.", "label": "Title of 12(b) Security" } } }, "localname": "Security12bTitle", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "securityTitleItemType" }, "dei_Security12gTitle": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "Title of a 12(g) registered security.", "label": "Title of 12(g) Security" } } }, "localname": "Security12gTitle", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "securityTitleItemType" }, "dei_SecurityExchangeName": { "auth_ref": [ "r4" ], "lang": { "en-us": { "role": { "documentation": "Name of the Exchange on which a security is registered.", "label": "Security Exchange Name" } } }, "localname": "SecurityExchangeName", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "edgarExchangeCodeItemType" }, "dei_SecurityReportingObligation": { "auth_ref": [ "r9" ], "lang": { "en-us": { "role": { "documentation": "15(d), indicating whether the security has a reporting obligation under that section of the Exchange Act.", "label": "Security Reporting Obligation" } } }, "localname": "SecurityReportingObligation", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "securityReportingObligationItemType" }, "dei_SolicitingMaterial": { "auth_ref": [ "r10" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.", "label": "Soliciting Material" } } }, "localname": "SolicitingMaterial", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_TradingSymbol": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Trading symbol of an instrument as listed on an exchange.", "label": "Trading Symbol" } } }, "localname": "TradingSymbol", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "tradingSymbolItemType" }, "dei_WrittenCommunications": { "auth_ref": [ "r18" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.", "label": "Written Communications" } } }, "localname": "WrittenCommunications", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "booleanItemType" }, "lotz_RedeemableWarrantsExercisableForClassCommonStockAtExercisePriceOf11.50PerShareMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Redeemable warrants, exercisable for Class A common stock at an exercise price of $11.50 per share", "label": "Redeemable warrants, exercisable for Class A common stock at an exercise price of $11.50 per share [Member]" } } }, "localname": "RedeemableWarrantsExercisableForClassCommonStockAtExercisePriceOf11.50PerShareMember", "nsuri": "http://carlotz.com/20220809", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "domainItemType" }, "us-gaap_ClassOfStockDomain": { "auth_ref": [], "localname": "ClassOfStockDomain", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "domainItemType" }, "us-gaap_CommonStockMember": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Common Stock [Member]" } } }, "localname": "CommonStockMember", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "domainItemType" }, "us-gaap_StatementClassOfStockAxis": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Class of Stock [Axis]" } } }, "localname": "StatementClassOfStockAxis", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "stringItemType" }, "us-gaap_StatementTable": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Statement [Table]" } } }, "localname": "StatementTable", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://carlotz.com/role/Cover" ], "xbrltype": "stringItemType" } }, "unitCount": 3 } }, "std_ref": { "r0": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12" }, "r1": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b" }, "r10": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14a", "Subsection": "12" }, "r11": { "Name": "Form 10-K", "Number": "249", "Publisher": "SEC", "Section": "310" }, "r12": { "Name": "Form 10-Q", "Number": "240", "Publisher": "SEC", "Section": "308", "Subsection": "a" }, "r13": { "Name": "Form 20-F", "Number": "249", "Publisher": "SEC", "Section": "220", "Subsection": "f" }, "r14": { "Name": "Form 40-F", "Number": "249", "Publisher": "SEC", "Section": "240", "Subsection": "f" }, "r15": { "Name": "Forms 10-K, 10-Q, 20-F", "Number": "240", "Publisher": "SEC", "Section": "13", "Subsection": "a-1" }, "r16": { "Name": "Regulation S-T", "Number": "232", "Publisher": "SEC", "Section": "405" }, "r17": { "Name": "Securities Act", "Number": "230", "Publisher": "SEC", "Section": "405" }, "r18": { "Name": "Securities Act", "Number": "230", "Publisher": "SEC", "Section": "425" }, "r19": { "Name": "Securities Act", "Number": "7A", "Publisher": "SEC", "Section": "B", "Subsection": "2" }, "r2": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2" }, "r3": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-23" }, "r4": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "d1-1" }, "r5": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "g" }, "r6": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12, 13, 15d" }, "r7": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "13e", "Subsection": "4c" }, "r8": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14d", "Subsection": "2b" }, "r9": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "15", "Subsection": "d" } }, "version": "2.1" } ZIP 16 0001104659-22-088027-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001104659-22-088027-xbrl.zip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end