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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Lease income, net $ 492 $ 490 $ 533
Total Revenues 258,534 118,625 102,486
Cost of sales (exclusive of depreciation) 247,946 107,369 93,780
Gross Profit 10,588 11,256 8,706
Operating Expenses:      
Selling, general and administrative 93,076 17,507 18,192
Stock-based compensation expense 51,121 45 113
Depreciation and amortization expense 3,363 341 504
Management fee expense – related party 2 215 250
Impairment – property and equipment 108 0 0
Total Operating Expenses 147,670 18,108 19,059
Loss from Operations (137,082) (6,852) (10,353)
Interest expense 1,590 518 651
Other Income, net      
Change in fair value of Merger warrants liability 32,733 0 0
Change in fair value of redeemable convertible preferred stock tranche obligation 0 923 (1,396)
Change in fair value of earnout shares 66,605 0 0
Other income (expense), net (535) (95) (267)
Total Other Income (Expense), net 98,803 828 (1,663)
Loss Before Income Tax Expense (39,869) (6,542) (12,667)
Income tax expense 10 10 11
Net Loss $ (39,879) $ (6,552) $ (12,678)
Net Loss per Share, basic (in dollars per share) $ (0.36) $ (0.11) $ (0.22)
Net Loss per Share, diluted (in dollars per share) $ (0.36) $ (0.11) $ (0.22)
Weighted-average Shares used in Computing Net Loss per Share, basic (in shares) 110,574,519 58,621,042 56,475,860
Weighted-average Shares used in Computing Net Loss per Share, diluted (in shares) 110,574,519 58,621,042 56,475,860
Retail vehicle sales      
Revenues:      
Revenue $ 217,439 $ 104,253 $ 90,382
Gross Profit 2,927 7,270 5,848
Wholesale vehicle sales      
Revenues:      
Revenue 31,759 9,984 8,454
Gross Profit (1,675) (402) (792)
Finance and insurance, net      
Revenues:      
Revenue $ 8,844 $ 3,898 $ 3,117