3.22.1 html 220 449 1 false 80 0 false 10 false false R1.htm 0001001 - Document - Cover Sheet http://www.carlotz.com/role/Cover Cover Cover 1 false false R2.htm 1001002 - Statement - Condensed Consolidated Balance Sheets Sheet http://www.carlotz.com/role/CondensedConsolidatedBalanceSheets Condensed Consolidated Balance Sheets Statements 2 false false R3.htm 1002003 - Statement - Condensed Consolidated Balance Sheets (Parenthetical) Sheet http://www.carlotz.com/role/CondensedConsolidatedBalanceSheetsParenthetical Condensed Consolidated Balance Sheets (Parenthetical) Statements 3 false false R4.htm 1003004 - Statement - Condensed Consolidated Statements of Operations Sheet http://www.carlotz.com/role/CondensedConsolidatedStatementsofOperations Condensed Consolidated Statements of Operations Statements 4 false false R5.htm 1004005 - Statement - Condensed Consolidated Statements of Comprehensive (Loss) Sheet http://www.carlotz.com/role/CondensedConsolidatedStatementsofComprehensiveLoss Condensed Consolidated Statements of Comprehensive (Loss) Statements 5 false false R6.htm 1005006 - Statement - Condensed Consolidated Statements Stockholders??? Equity (Deficit) Sheet http://www.carlotz.com/role/CondensedConsolidatedStatementsStockholdersEquityDeficit Condensed Consolidated Statements Stockholders??? Equity (Deficit) Statements 6 false false R7.htm 1006007 - Statement - Condensed Consolidated Statements of Cash Flows Sheet http://www.carlotz.com/role/CondensedConsolidatedStatementsofCashFlows Condensed Consolidated Statements of Cash Flows Statements 7 false false R8.htm 2101101 - Disclosure - Description of Business Sheet http://www.carlotz.com/role/DescriptionofBusiness Description of Business Notes 8 false false R9.htm 2103102 - Disclosure - Summary of Significant Accounting Policies Sheet http://www.carlotz.com/role/SummaryofSignificantAccountingPolicies Summary of Significant Accounting Policies Notes 9 false false R10.htm 2106103 - Disclosure - Merger Sheet http://www.carlotz.com/role/Merger Merger Notes 10 false false R11.htm 2111104 - Disclosure - Revenue Recognition Sheet http://www.carlotz.com/role/RevenueRecognition Revenue Recognition Notes 11 false false R12.htm 2116105 - Disclosure - Marketable Securities Sheet http://www.carlotz.com/role/MarketableSecurities Marketable Securities Notes 12 false false R13.htm 2124106 - Disclosure - Fair Value of Financial Instruments Sheet http://www.carlotz.com/role/FairValueofFinancialInstruments Fair Value of Financial Instruments Notes 13 false false R14.htm 2130107 - Disclosure - Accounts Receivable, Net Sheet http://www.carlotz.com/role/AccountsReceivableNet Accounts Receivable, Net Notes 14 false false R15.htm 2133108 - Disclosure - Inventory and Floor Plan Notes Payable Notes http://www.carlotz.com/role/InventoryandFloorPlanNotesPayable Inventory and Floor Plan Notes Payable Notes 15 false false R16.htm 2137109 - Disclosure - Property and Equipment, Net Sheet http://www.carlotz.com/role/PropertyandEquipmentNet Property and Equipment, Net Notes 16 false false R17.htm 2141110 - Disclosure - Other Assets Sheet http://www.carlotz.com/role/OtherAssets Other Assets Notes 17 false false R18.htm 2144111 - Disclosure - Long-term Debt Sheet http://www.carlotz.com/role/LongtermDebt Long-term Debt Notes 18 false false R19.htm 2148112 - Disclosure - Accrued Expenses Sheet http://www.carlotz.com/role/AccruedExpenses Accrued Expenses Notes 19 false false R20.htm 2151113 - Disclosure - Other Liabilities Sheet http://www.carlotz.com/role/OtherLiabilities Other Liabilities Notes 20 false false R21.htm 2154114 - Disclosure - Leases Sheet http://www.carlotz.com/role/Leases Leases Notes 21 false false R22.htm 2164115 - Disclosure - Commitment and Contingencies Sheet http://www.carlotz.com/role/CommitmentandContingencies Commitment and Contingencies Notes 22 false false R23.htm 2166116 - Disclosure - Redeemable Convertible Preferred Stock Sheet http://www.carlotz.com/role/RedeemableConvertiblePreferredStock Redeemable Convertible Preferred Stock Notes 23 false false R24.htm 2168117 - Disclosure - Stock-Based Compensation Plan Sheet http://www.carlotz.com/role/StockBasedCompensationPlan Stock-Based Compensation Plan Notes 24 false false R25.htm 2176118 - Disclosure - Income Taxes Sheet http://www.carlotz.com/role/IncomeTaxes Income Taxes Notes 25 false false R26.htm 2177119 - Disclosure - Net Loss Per Share Attributable to Common Stockholders Sheet http://www.carlotz.com/role/NetLossPerShareAttributabletoCommonStockholders Net Loss Per Share Attributable to Common Stockholders Notes 26 false false R27.htm 2181120 - Disclosure - Concentrations Sheet http://www.carlotz.com/role/Concentrations Concentrations Notes 27 false false R28.htm 2184121 - Disclosure - Subsequent Events Sheet http://www.carlotz.com/role/SubsequentEvents Subsequent Events Notes 28 false false R29.htm 2204201 - Disclosure - Summary of Significant Accounting Policies (Policies) Sheet http://www.carlotz.com/role/SummaryofSignificantAccountingPoliciesPolicies Summary of Significant Accounting Policies (Policies) Policies http://www.carlotz.com/role/SummaryofSignificantAccountingPolicies 29 false false R30.htm 2307301 - Disclosure - Merger (Tables) Sheet http://www.carlotz.com/role/MergerTables Merger (Tables) Tables http://www.carlotz.com/role/Merger 30 false false R31.htm 2312302 - Disclosure - Revenue Recognition (Tables) Sheet http://www.carlotz.com/role/RevenueRecognitionTables Revenue Recognition (Tables) Tables http://www.carlotz.com/role/RevenueRecognition 31 false false R32.htm 2317303 - Disclosure - Marketable Securities (Tables) Sheet http://www.carlotz.com/role/MarketableSecuritiesTables Marketable Securities (Tables) Tables http://www.carlotz.com/role/MarketableSecurities 32 false false R33.htm 2325304 - Disclosure - Fair Value of Financial Instruments (Tables) Sheet http://www.carlotz.com/role/FairValueofFinancialInstrumentsTables Fair Value of Financial Instruments (Tables) Tables http://www.carlotz.com/role/FairValueofFinancialInstruments 33 false false R34.htm 2331305 - Disclosure - Accounts Receivable, Net (Tables) Sheet http://www.carlotz.com/role/AccountsReceivableNetTables Accounts Receivable, Net (Tables) Tables http://www.carlotz.com/role/AccountsReceivableNet 34 false false R35.htm 2334306 - Disclosure - Inventory and Floor Plan Notes Payable (Tables) Notes http://www.carlotz.com/role/InventoryandFloorPlanNotesPayableTables Inventory and Floor Plan Notes Payable (Tables) Tables http://www.carlotz.com/role/InventoryandFloorPlanNotesPayable 35 false false R36.htm 2338307 - Disclosure - Property and Equipment, Net (Tables) Sheet http://www.carlotz.com/role/PropertyandEquipmentNetTables Property and Equipment, Net (Tables) Tables http://www.carlotz.com/role/PropertyandEquipmentNet 36 false false R37.htm 2342308 - Disclosure - Other Assets (Tables) Sheet http://www.carlotz.com/role/OtherAssetsTables Other Assets (Tables) Tables http://www.carlotz.com/role/OtherAssets 37 false false R38.htm 2345309 - Disclosure - Long-term Debt (Tables) Sheet http://www.carlotz.com/role/LongtermDebtTables Long-term Debt (Tables) Tables http://www.carlotz.com/role/LongtermDebt 38 false false R39.htm 2349310 - Disclosure - Accrued Expenses (Tables) Sheet http://www.carlotz.com/role/AccruedExpensesTables Accrued Expenses (Tables) Tables http://www.carlotz.com/role/AccruedExpenses 39 false false R40.htm 2352311 - Disclosure - Other Liabilities (Tables) Sheet http://www.carlotz.com/role/OtherLiabilitiesTables Other Liabilities (Tables) Tables http://www.carlotz.com/role/OtherLiabilities 40 false false R41.htm 2355312 - Disclosure - Leases (Tables) Sheet http://www.carlotz.com/role/LeasesTables Leases (Tables) Tables http://www.carlotz.com/role/Leases 41 false false R42.htm 2369313 - Disclosure - Stock-Based Compensation Plan (Tables) Sheet http://www.carlotz.com/role/StockBasedCompensationPlanTables Stock-Based Compensation Plan (Tables) Tables http://www.carlotz.com/role/StockBasedCompensationPlan 42 false false R43.htm 2378314 - Disclosure - Net Loss Per Share Attributable to Common Stockholders (Tables) Sheet http://www.carlotz.com/role/NetLossPerShareAttributabletoCommonStockholdersTables Net Loss Per Share Attributable to Common Stockholders (Tables) Tables http://www.carlotz.com/role/NetLossPerShareAttributabletoCommonStockholders 43 false false R44.htm 2382315 - Disclosure - Concentrations (Tables) Sheet http://www.carlotz.com/role/ConcentrationsTables Concentrations (Tables) Tables http://www.carlotz.com/role/Concentrations 44 false false R45.htm 2402401 - Disclosure - Description of Business (Details) Sheet http://www.carlotz.com/role/DescriptionofBusinessDetails Description of Business (Details) Details http://www.carlotz.com/role/DescriptionofBusiness 45 false false R46.htm 2405402 - Disclosure - Summary of Significant Accounting Policies (Details) Sheet http://www.carlotz.com/role/SummaryofSignificantAccountingPoliciesDetails Summary of Significant Accounting Policies (Details) Details http://www.carlotz.com/role/SummaryofSignificantAccountingPoliciesPolicies 46 false false R47.htm 2408403 - Disclosure - Merger - Schedule of Reverse Recapitalization (Details) Sheet http://www.carlotz.com/role/MergerScheduleofReverseRecapitalizationDetails Merger - Schedule of Reverse Recapitalization (Details) Details 47 false false R48.htm 2409404 - Disclosure - Merger - Merger Warrants (Details) Sheet http://www.carlotz.com/role/MergerMergerWarrantsDetails Merger - Merger Warrants (Details) Details 48 false false R49.htm 2410405 - Disclosure - Merger - Narrative (Details) Sheet http://www.carlotz.com/role/MergerNarrativeDetails Merger - Narrative (Details) Details 49 false false R50.htm 2413406 - Disclosure - Revenue Recognition - Disaggregation of Revenues (Details) Sheet http://www.carlotz.com/role/RevenueRecognitionDisaggregationofRevenuesDetails Revenue Recognition - Disaggregation of Revenues (Details) Details 50 false false R51.htm 2414407 - Disclosure - Revenue Recognition - Summary of Revenues and Cost of Sale by Product (Details) Sheet http://www.carlotz.com/role/RevenueRecognitionSummaryofRevenuesandCostofSalebyProductDetails Revenue Recognition - Summary of Revenues and Cost of Sale by Product (Details) Details 51 false false R52.htm 2415408 - Disclosure - Revenue Recognition - Narrative (Details) Sheet http://www.carlotz.com/role/RevenueRecognitionNarrativeDetails Revenue Recognition - Narrative (Details) Details 52 false false R53.htm 2418409 - Disclosure - Marketable Securities - Summary of Amortized Cost, Gross Unrealized Gains and Losses and Estimated Fair Values (Details) Sheet http://www.carlotz.com/role/MarketableSecuritiesSummaryofAmortizedCostGrossUnrealizedGainsandLossesandEstimatedFairValuesDetails Marketable Securities - Summary of Amortized Cost, Gross Unrealized Gains and Losses and Estimated Fair Values (Details) Details 53 false false R54.htm 2419410 - Disclosure - Marketable Securities - Amortized Cost and Fair Value of Fixed Maturity Debt Securities (Details) Sheet http://www.carlotz.com/role/MarketableSecuritiesAmortizedCostandFairValueofFixedMaturityDebtSecuritiesDetails Marketable Securities - Amortized Cost and Fair Value of Fixed Maturity Debt Securities (Details) Details 54 false false R55.htm 2420411 - Disclosure - Marketable Securities - Gross Unrealized Losses in Fixed Maturity Securities (Details) Sheet http://www.carlotz.com/role/MarketableSecuritiesGrossUnrealizedLossesinFixedMaturitySecuritiesDetails Marketable Securities - Gross Unrealized Losses in Fixed Maturity Securities (Details) Details 55 false false R56.htm 2421412 - Disclosure - Marketable Securities - Narrative (Details) Sheet http://www.carlotz.com/role/MarketableSecuritiesNarrativeDetails Marketable Securities - Narrative (Details) Details 56 false false R57.htm 2422413 - Disclosure - Marketable Securities - Equity Securities Cost (Details) Sheet http://www.carlotz.com/role/MarketableSecuritiesEquitySecuritiesCostDetails Marketable Securities - Equity Securities Cost (Details) Details 57 false false R58.htm 2423414 - Disclosure - Marketable Securities - Proceeds from Sale of Securities (Details) Sheet http://www.carlotz.com/role/MarketableSecuritiesProceedsfromSaleofSecuritiesDetails Marketable Securities - Proceeds from Sale of Securities (Details) Details 58 false false R59.htm 2426415 - Disclosure - Fair Value of Financial Instruments - Summary Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) Sheet http://www.carlotz.com/role/FairValueofFinancialInstrumentsSummaryAssetsandLiabilitiesMeasuredatFairValueonaRecurringBasisDetails Fair Value of Financial Instruments - Summary Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) Details 59 false false R60.htm 2427416 - Disclosure - Fair Value of Financial Instruments - Reconciliation of Redeemable Convertible Preferred Stock and Warrant Liability (Details) Sheet http://www.carlotz.com/role/FairValueofFinancialInstrumentsReconciliationofRedeemableConvertiblePreferredStockandWarrantLiabilityDetails Fair Value of Financial Instruments - Reconciliation of Redeemable Convertible Preferred Stock and Warrant Liability (Details) Details 60 false false R61.htm 2428417 - Disclosure - Fair Value of Financial Instruments - Significant Inputs Used Valuing Earnout Shares (Details) Sheet http://www.carlotz.com/role/FairValueofFinancialInstrumentsSignificantInputsUsedValuingEarnoutSharesDetails Fair Value of Financial Instruments - Significant Inputs Used Valuing Earnout Shares (Details) Details 61 false false R62.htm 2429418 - Disclosure - Fair Value of Financial Instruments - Narrative (Details) Sheet http://www.carlotz.com/role/FairValueofFinancialInstrumentsNarrativeDetails Fair Value of Financial Instruments - Narrative (Details) Details 62 false false R63.htm 2432419 - Disclosure - Accounts Receivable, Net (Details) Sheet http://www.carlotz.com/role/AccountsReceivableNetDetails Accounts Receivable, Net (Details) Details http://www.carlotz.com/role/AccountsReceivableNetTables 63 false false R64.htm 2435420 - Disclosure - Inventory and Floor Plan??Notes Payable - Inventory Summary (Details) Notes http://www.carlotz.com/role/InventoryandFloorPlanNotesPayableInventorySummaryDetails Inventory and Floor Plan??Notes Payable - Inventory Summary (Details) Details 64 false false R65.htm 2436421 - Disclosure - Inventory and Floor Plan??Notes Payable - Narrative (Details) Notes http://www.carlotz.com/role/InventoryandFloorPlanNotesPayableNarrativeDetails Inventory and Floor Plan??Notes Payable - Narrative (Details) Details 65 false false R66.htm 2439422 - Disclosure - Property and Equipment, Net - Schedule of PP&E (Details) Sheet http://www.carlotz.com/role/PropertyandEquipmentNetScheduleofPPEDetails Property and Equipment, Net - Schedule of PP&E (Details) Details 66 false false R67.htm 2440423 - Disclosure - Property and Equipment, Net - Narrative (Details) Sheet http://www.carlotz.com/role/PropertyandEquipmentNetNarrativeDetails Property and Equipment, Net - Narrative (Details) Details 67 false false R68.htm 2443424 - Disclosure - Other Assets - Schedule of Other Assets (Details) Sheet http://www.carlotz.com/role/OtherAssetsScheduleofOtherAssetsDetails Other Assets - Schedule of Other Assets (Details) Details 68 false false R69.htm 2446425 - Disclosure - Long-term Debt - Summary of Debt (Details) Sheet http://www.carlotz.com/role/LongtermDebtSummaryofDebtDetails Long-term Debt - Summary of Debt (Details) Details 69 false false R70.htm 2447426 - Disclosure - Long-term Debt - Narrative (Details) Sheet http://www.carlotz.com/role/LongtermDebtNarrativeDetails Long-term Debt - Narrative (Details) Details 70 false false R71.htm 2450427 - Disclosure - Accrued Expenses (Details) Sheet http://www.carlotz.com/role/AccruedExpensesDetails Accrued Expenses (Details) Details http://www.carlotz.com/role/AccruedExpensesTables 71 false false R72.htm 2453428 - Disclosure - Other Liabilities (Details) Sheet http://www.carlotz.com/role/OtherLiabilitiesDetails Other Liabilities (Details) Details http://www.carlotz.com/role/OtherLiabilitiesTables 72 false false R73.htm 2456429 - Disclosure - Leases - Narrative (Details) Sheet http://www.carlotz.com/role/LeasesNarrativeDetails Leases - Narrative (Details) Details 73 false false R74.htm 2457430 - Disclosure - Leases - Components of Lease Cost (Details) Sheet http://www.carlotz.com/role/LeasesComponentsofLeaseCostDetails Leases - Components of Lease Cost (Details) Details 74 false false R75.htm 2458431 - Disclosure - Leases - Supplemental Balance Sheet Infomation (Details) Sheet http://www.carlotz.com/role/LeasesSupplementalBalanceSheetInfomationDetails Leases - Supplemental Balance Sheet Infomation (Details) Details 75 false false R76.htm 2459432 - Disclosure - Leases - Lease Term and Discount Rate (Details) Sheet http://www.carlotz.com/role/LeasesLeaseTermandDiscountRateDetails Leases - Lease Term and Discount Rate (Details) Details 76 false false R77.htm 2460433 - Disclosure - Leases - Cash Flow Information (Details) Sheet http://www.carlotz.com/role/LeasesCashFlowInformationDetails Leases - Cash Flow Information (Details) Details 77 false false R78.htm 2461434 - Disclosure - Leases - Maturities of Lease Liabilities (Details) Sheet http://www.carlotz.com/role/LeasesMaturitiesofLeaseLiabilitiesDetails Leases - Maturities of Lease Liabilities (Details) Details 78 false false R79.htm 2462435 - Disclosure - Leases - Schedule of Future Maturities of Lease Liabilities Under Previous Lease Accounting Standard (Details) Sheet http://www.carlotz.com/role/LeasesScheduleofFutureMaturitiesofLeaseLiabilitiesUnderPreviousLeaseAccountingStandardDetails Leases - Schedule of Future Maturities of Lease Liabilities Under Previous Lease Accounting Standard (Details) Details 79 false false R80.htm 2463436 - Disclosure - Leases - Schedule of Future Minimum Lease Payments and Receipts for Lease Vehicles (Details) Sheet http://www.carlotz.com/role/LeasesScheduleofFutureMinimumLeasePaymentsandReceiptsforLeaseVehiclesDetails Leases - Schedule of Future Minimum Lease Payments and Receipts for Lease Vehicles (Details) Details 80 false false R81.htm 2465437 - Disclosure - Commitment and Contingencies (Details) Sheet http://www.carlotz.com/role/CommitmentandContingenciesDetails Commitment and Contingencies (Details) Details http://www.carlotz.com/role/CommitmentandContingencies 81 false false R82.htm 2467438 - Disclosure - Redeemable Convertible Preferred Stock (Details) Sheet http://www.carlotz.com/role/RedeemableConvertiblePreferredStockDetails Redeemable Convertible Preferred Stock (Details) Details http://www.carlotz.com/role/RedeemableConvertiblePreferredStock 82 false false R83.htm 2470439 - Disclosure - Stock-Based Compensation Plan - Narrative (Details) Sheet http://www.carlotz.com/role/StockBasedCompensationPlanNarrativeDetails Stock-Based Compensation Plan - Narrative (Details) Details 83 false false R84.htm 2471440 - Disclosure - Stock-Based Compensation Plan - Summary of 2011, 2017 and 2020 Stock Option Plan Activity (Details) Sheet http://www.carlotz.com/role/StockBasedCompensationPlanSummaryof20112017and2020StockOptionPlanActivityDetails Stock-Based Compensation Plan - Summary of 2011, 2017 and 2020 Stock Option Plan Activity (Details) Details 84 false false R85.htm 2472441 - Disclosure - Stock-Based Compensation Plan - Summary of Stock Options Vested and Expected to Vest (Details) Sheet http://www.carlotz.com/role/StockBasedCompensationPlanSummaryofStockOptionsVestedandExpectedtoVestDetails Stock-Based Compensation Plan - Summary of Stock Options Vested and Expected to Vest (Details) Details 85 false false R86.htm 2473442 - Disclosure - Stock-Based Compensation Plan - Inputs Used (Details) Sheet http://www.carlotz.com/role/StockBasedCompensationPlanInputsUsedDetails Stock-Based Compensation Plan - Inputs Used (Details) Details 86 false false R87.htm 2474443 - Disclosure - Stock-Based Compensation Plan - Restricted Stock Unit Activity (Details) Sheet http://www.carlotz.com/role/StockBasedCompensationPlanRestrictedStockUnitActivityDetails Stock-Based Compensation Plan - Restricted Stock Unit Activity (Details) Details 87 false false R88.htm 2475444 - Disclosure - Stock-Based Compensation Plan - Inputs Used for Earnout RSUs (Details) Sheet http://www.carlotz.com/role/StockBasedCompensationPlanInputsUsedforEarnoutRSUsDetails Stock-Based Compensation Plan - Inputs Used for Earnout RSUs (Details) Details 88 false false R89.htm 2479445 - Disclosure - Net Loss Per Share Attributable to Common Stockholders - Earnings per share (Details) Sheet http://www.carlotz.com/role/NetLossPerShareAttributabletoCommonStockholdersEarningspershareDetails Net Loss Per Share Attributable to Common Stockholders - Earnings per share (Details) Details 89 false false R90.htm 2480446 - Disclosure - Net Loss Per Share Attributable to Common Stockholders - Antidilutive securities excluded from Earnings per share (Details) Sheet http://www.carlotz.com/role/NetLossPerShareAttributabletoCommonStockholdersAntidilutivesecuritiesexcludedfromEarningspershareDetails Net Loss Per Share Attributable to Common Stockholders - Antidilutive securities excluded from Earnings per share (Details) Details 90 false false R91.htm 2483447 - Disclosure - Concentrations (Details) Sheet http://www.carlotz.com/role/ConcentrationsDetails Concentrations (Details) Details http://www.carlotz.com/role/ConcentrationsTables 91 false false All Reports Book All Reports lotz-20220331.htm ex-1051valerianamendment.htm ex-105danvalerianseparatio.htm ex-311x20220331x10q.htm ex-312x20220331x10q.htm ex-321x20220331x10q.htm ex-322x20220331x10q.htm lotz-20220331.xsd lotz-20220331_cal.xml lotz-20220331_def.xml lotz-20220331_lab.xml lotz-20220331_pre.xml http://fasb.org/us-gaap/2021-01-31 http://xbrl.sec.gov/dei/2021 true true