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Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 203,564 $ 244,016
Prepaid expenses and other current assets 34,373 47,121
Total current assets 237,937 291,137
Property, plant and equipment 407,817 382,746
Intangible assets 1,000 1,000
Other non-current assets 13,997 13,900
Total Assets 660,751 688,783
Current Liabilities    
Accounts payable 13,781 12,098
Accrued and other current liabilities 39,278 35,507
Purchase price down payment from Foxconn 150,000 100,000
Total current liabilities 203,059 147,605
Warrant and other non-current liabilities 3,189 1,578
Total liabilities 206,248 149,183
Stockholders' equity    
Class A common stock, $0.0001 par value, 300,000,000 shares authorized; 196,980,828 and 196,391,349 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively 20 19
Additional paid in capital 1,088,925 1,084,390
Accumulated deficit (634,442) (544,809)
Total stockholders' equity 454,503 539,600
Total liabilities and stockholders' equity $ 660,751 $ 688,783