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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 121,358 $ 244,016
Short-term investments 100,297  
Inventory, net 13,672  
Prepaid expenses and other current assets 20,548 47,121
Total current assets 255,875 291,137
Property, plant and equipment, net 193,780 382,746
Intangible assets   1,000
Other non-current assets 2,657 13,900
Total Assets 452,312 688,783
Current Liabilities    
Accounts payable 12,801 12,098
Accrued and other current liabilities 56,033 35,507
Purchase price down payment from Foxconn   100,000
Total current liabilities 68,834 147,605
Warrant and other non-current liabilities 1,446 1,578
Total liabilities 70,280 149,183
Mezzanine equity    
Convertible Preferred stock, $0.0001 par value, 12,000,000 shares authorized; 300,000 and 0 shares issued and outstanding as of December 31, 2022 and December 31, 2021, respectively 30,261  
Stockholders' equity    
Class A common stock, $0.0001 par value, 450,000,000 shares authorized; 238,924,486 and 196,391,349 shares issued and outstanding as of December 31, 2022 and December 31, 2021, respectively 24 19
Additional paid in capital 1,178,960 1,084,390
Accumulated deficit (827,213) (544,809)
Total stockholders' equity 351,771 539,600
Total liabilities and stockholders' equity $ 452,312 $ 688,783