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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Lease income, net $ 129 $ 101 $ 334 $ 373
Total Revenues 68,041 29,793 175,421 81,582
Cost of sales (exclusive of depreciation) 66,017 26,217 167,207 72,805
Gross Profit 2,024 3,576 8,214 8,777
Operating Expenses:        
Selling, general and administrative 24,780 4,147 63,039 11,136
Stock-based compensation expense 3,447 0 49,114 37
Depreciation and amortization expense 1,214 78 1,692 269
Management fee expense – related party 0 63 2 195
Total Operating Expenses 29,441 4,288 113,847 11,637
Loss from Operations (27,417) (712) (105,633) (2,860)
Interest expense 650 104 1,009 360
Other Income, net        
Change in fair value of Merger warrants liability 12,111 0 24,794 0
Change in fair value of redeemable convertible preferred stock tranche obligation 0 333 0 962
Change in fair value of earnout shares 12,565 0 56,621 0
Other income (expense) (85) (6) (476) 58
Total Other Income, net 24,591 327 80,939 1,020
Loss Before Income Tax Expense (3,476) (489) (25,703) (2,200)
Income tax expense 0 3 0 12
Net Loss $ (3,476) $ (492) $ (25,703) $ (2,212)
Net Loss per Share, basic (in dollars per share) $ (0.03) $ (0.01) $ (0.23) $ (0.04)
Net Loss per Share, diluted (in dollars per share) $ (0.03) $ (0.01) $ (0.23) $ (0.04)
Weighted-average Shares used in Computing Net Loss per Share, basic (in shares) 113,707,013 58,621,041 109,447,939 58,621,041
Weighted-average Shares used in Computing Net Loss per Share, diluted (in shares) 113,707,013 58,621,041 109,447,939 58,621,041
Retail vehicle sales        
Revenues:        
Revenue $ 56,284 $ 26,694 $ 150,897 $ 71,388
Gross Profit (300) 2,517 3,755 5,665
Wholesale vehicle sales        
Revenues:        
Revenue 8,989 2,088 18,217 7,124
Gross Profit (444) 48 (1,848) 42
Finance and insurance, net        
Revenues:        
Revenue $ 2,639 $ 910 $ 5,973 $ 2,697