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Condensed Consolidated Statements of Stockholders’ Equity (Deficit) - USD ($)
$ in Thousands
Total
Previously Reported
Revision of Prior Period, Adjustment
Common Stock
Common Stock
Previously Reported
Common Stock
Revision of Prior Period, Adjustment
Additional Paid-in Capital
Additional Paid-in Capital
Previously Reported
Additional Paid-in Capital
Revision of Prior Period, Adjustment
Accumulated Deficit
Accumulated Deficit
Previously Reported
Accumulated Other Comprehensive (Loss) Income
Accumulated Other Comprehensive (Loss) Income
Previously Reported
Accumulated Other Comprehensive (Loss) Income
Revision of Prior Period, Adjustment
Beginning balance (in shares) at Dec. 31, 2020 0 2,034,751 (2,034,751)                      
Beginning balance at Dec. 31, 2020 $ 0 $ 17,560 $ (17,560)                      
Ending balance (in shares) at Mar. 31, 2021 0                          
Ending balance at Mar. 31, 2021 $ 0                          
Beginning balance (in shares) at Dec. 31, 2020       58,621,042 37,881,435 20,739,607                
Beginning balance at Dec. 31, 2020 (13,237) $ (30,797) $ 17,560 $ 6 $ 4 $ 2 $ 20,779 $ 3,221 $ 17,558 $ (34,037) $ (34,037) $ 15 $ 15 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net loss (15,022)                 (15,022)        
Other comprehensive income, net of tax (131)                     (131)    
Cashless/ exercise of options (in shares)       54,717                    
Stock-based compensation 41,963           41,963              
Accrued dividends on redeemable convertible preferred stock (19)           (19)              
PIPE issuance (in shares)       12,500,000                    
PIPE issuance 125,000     $ 1     124,999              
Merger financing (in shares)       38,194,390                    
Merger financing 309,999     $ 4     309,995              
Consideration to existing shareholders of Former CarLotz, net of accrued dividends (62,693)           (62,693)              
Transaction costs and advisory fees (47,579)           (47,579)              
Settlement of redeemable convertible preferred stock tranche obligation 2,832           2,832              
Cash consideration paid to Former Carlotz optionholders (2,465)           (2,465)              
Earnout liability (74,284)           (74,284)              
Merger warrants liability (39,025)           (39,025)              
KAR/AFC warrant exercise (in shares)       3,546,984                    
KAR/AFC note payable conversion 3,625           3,625              
KAR/AFC warrant exercise (in shares)       752,927                    
KAR/AFC warrant exercise 144           144              
Ending balance (in shares) at Mar. 31, 2021       113,670,060                    
Ending balance at Mar. 31, 2021 $ 229,108     $ 11     278,272     (49,059)   (116)    
Beginning balance (in shares) at Dec. 31, 2020 0 2,034,751 (2,034,751)                      
Beginning balance at Dec. 31, 2020 $ 0 $ 17,560 $ (17,560)                      
Ending balance (in shares) at Jun. 30, 2021 0                          
Ending balance at Jun. 30, 2021 $ 0                          
Beginning balance (in shares) at Dec. 31, 2020       58,621,042 37,881,435 20,739,607                
Beginning balance at Dec. 31, 2020 (13,237) $ (30,797) $ 17,560 $ 6 $ 4 $ 2 20,779 3,221 $ 17,558 (34,037) (34,037) 15 15 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net loss (22,227)                          
Other comprehensive income, net of tax (75)                          
Ending balance (in shares) at Jun. 30, 2021       113,670,060                    
Ending balance at Jun. 30, 2021 $ 225,663     $ 11     281,976     (56,264)   (60)    
Beginning balance (in shares) at Mar. 31, 2021 0                          
Beginning balance at Mar. 31, 2021 $ 0                          
Ending balance (in shares) at Jun. 30, 2021 0                          
Ending balance at Jun. 30, 2021 $ 0                          
Beginning balance (in shares) at Mar. 31, 2021       113,670,060                    
Beginning balance at Mar. 31, 2021 229,108     $ 11     278,272     (49,059)   (116)    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net loss (7,205)                 (7,205)        
Other comprehensive income, net of tax 56                     56    
Stock-based compensation 3,704           3,704              
Ending balance (in shares) at Jun. 30, 2021       113,670,060                    
Ending balance at Jun. 30, 2021 $ 225,663     $ 11     281,976     (56,264)   (60)    
Beginning balance (in shares) at Dec. 31, 2021   0                        
Beginning balance at Dec. 31, 2021   $ 0                        
Ending balance (in shares) at Mar. 31, 2022 0                          
Ending balance at Mar. 31, 2022 $ 0                          
Beginning balance (in shares) at Dec. 31, 2021 113,996,401       113,996,401                  
Beginning balance at Dec. 31, 2021 $ 213,511 $ 213,511     $ 11     287,509     (73,916)   (93)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net loss (24,836)                 (24,836)        
Other comprehensive income, net of tax (73)                     (73)    
Cashless/ exercise of options (in shares)       44,424                    
Stock-based compensation 1,684           1,684              
Issuance of common stock to settle vested restricted stock units (in shares)       70,971                    
Issuance of common stock to settle vested restricted stock units (2)           (2)              
Ending balance (in shares) at Mar. 31, 2022       114,111,796                    
Ending balance at Mar. 31, 2022 $ 190,284     $ 11     289,191     (98,752)   (166)    
Beginning balance (in shares) at Dec. 31, 2021   0                        
Beginning balance at Dec. 31, 2021   $ 0                        
Ending balance (in shares) at Jun. 30, 2022 0                          
Ending balance at Jun. 30, 2022 $ 0                          
Beginning balance (in shares) at Dec. 31, 2021 113,996,401       113,996,401                  
Beginning balance at Dec. 31, 2021 $ 213,511 $ 213,511     $ 11     $ 287,509     $ (73,916)   $ (93)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net loss (59,741)                          
Other comprehensive income, net of tax $ (50)                          
Cashless/ exercise of options (in shares) 155,782                          
Ending balance (in shares) at Jun. 30, 2022 113,996,401     114,479,662                    
Ending balance at Jun. 30, 2022 $ 156,609     $ 11     290,398     (133,657)   (143)    
Beginning balance (in shares) at Mar. 31, 2022 0                          
Beginning balance at Mar. 31, 2022 $ 0                          
Ending balance (in shares) at Jun. 30, 2022 0                          
Ending balance at Jun. 30, 2022 $ 0                          
Beginning balance (in shares) at Mar. 31, 2022       114,111,796                    
Beginning balance at Mar. 31, 2022 190,284     $ 11     289,191     (98,752)   (166)    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net loss (34,905)                 (34,905)        
Other comprehensive income, net of tax $ 23                     23    
Cashless/ exercise of options (in shares) 104,818                          
Cashless/exercise of options $ 66           66              
Stock-based compensation 1,141           1,141              
Issuance of common stock to settle vested restricted stock units (in shares)       263,048                    
Issuance of common stock to settle vested restricted stock units $ 0           0              
Ending balance (in shares) at Jun. 30, 2022 113,996,401     114,479,662                    
Ending balance at Jun. 30, 2022 $ 156,609     $ 11     $ 290,398     $ (133,657)   $ (143)