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Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2022
Mar. 31, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Cash flows from operating activities          
Net loss     $ (25,974) $ (233,411)  
Adjustments to reconcile net loss to cash used by operating activities:          
Stock-based compensation     6,546 5,780  
Gain on disposal of fixed assets $ (101,700)   (101,736)    
Other non-cash changes     9,123 18,261  
Forgiveness of note payable       (1,015)  
Changes in assets and liabilities:          
Accounts receivables       19  
Inventory     (13,413)    
Prepaid expenses and other assets     5,301 726  
Accounts payable     1,197 7,209  
Accrued expenses and other liabilities     (2,471) 31,057  
Net Cash used by operating activities     (121,427) (171,374)  
Cash flows from investing activities          
Purchases of capital assets     (40,043) (175,601)  
Investment in Foxconn Joint Venture     (13,500)    
Proceeds from the sale of capital assets     37,553    
Net Cash used by investing activities     (15,990) (175,601)  
Cash flows from financing activities          
Proceeds from notes payable     13,500 82,016  
Down payments received from Foxconn   $ 82,000 100,000    
Issuance of common stock     1,853 1,098  
Proceeds from Equity Purchase Agreement with YA, net of issuance costs     13,734    
Net Cash provided by financing activities     129,087 83,114  
Decrease in cash and cash equivalents     (8,330) (263,861)  
Cash and cash equivalents, beginning balance   $ 629,761 244,016 629,761 $ 629,761
Cash and cash equivalents, ending balance $ 235,686   235,686 365,900 $ 244,016
Non-cash items          
Derecognition of Foxconn deposits to sale of capital assets     200,000    
Capital assets acquired with payables     $ 1,846 $ 14,631