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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities      
Net loss $ (282,404) $ (410,368) $ (124,050)
Adjustments to reconcile net loss to cash used by operating activities:      
Stock-based compensation 18,826 18,689 2,755
Gain on disposal of fixed assets (100,906)   (2,346)
Impairment of property plant & equipment and intangibles 111,389    
Write-off of prepaid royalty 4,728    
Amortization of intangible assets   11,111  
Depreciation of property plant and equipment 8,476    
Write down of inventory and prepaid inventory 48,529    
Other non-cash changes (384) 10,858 23,493
Changes in assets and liabilities:      
Accounts receivables (203) 21 (21)
Inventory (54,646)    
Prepaid expenses and other assets 10,648 (34,124) (24,663)
Accounts payable 2,527 (17,008) 25,767
Accrued expenses and other liabilities 19,657 32,831 (531)
Net Cash used by operating activities (213,764) (387,990) (99,596)
Cash flows from investing activities      
Purchases of property plant and equipment (54,567) (284,514) (52,645)
Purchases of short-term investments (100,297) (1,000)  
Investment in Foxconn Joint Venture (13,500)    
Return of investment in Foxconn Joint Venture 13,500    
Proceeds from the sale of capital assets 39,960   2,396
Net Cash used by investing activities (114,904) (285,514) (50,249)
Cash flows from financing activities      
Proceeds from notes payable for Foxconn Joint Venture 13,500   38,796
Settlement of notes payable for Foxconn Joint Venture (13,500)    
Down payments received from Foxconn 100,000 100,000  
Cash received in recapitalization, net of transaction costs     701,520
Issuance of common stock 2,114 6,368 6,439
Tax withholding payments related to net settled restricted stock compensation (684)    
Cash proceeds from exercise of warrants   82,016 30,692
Cash received from Foxconn Subscription Agreement   50,000  
Proceeds from Equity Purchase Agreement, net of issuance costs 40,438 49,375  
Net Cash provided by financing activities 206,010 287,759 777,447
(Decrease) / Increase in cash and cash equivalents (122,658) (385,745) 627,602
Cash and cash equivalents, beginning balance 244,016 629,761 2,159
Cash and cash equivalents, ending balance 121,358 244,016 629,761
Non-cash items      
Derecognition of Foxconn down payments for sale of fixed assets 200,000    
Capital assets acquired with payables 339 $ 2,162 5,592
Conversion of notes payable to equity     38,725
Capital assets exchanged for equity     $ 23,200
Foxconn Investment Agreement for Common Stock      
Cash flows from financing activities      
Issuance of common stock 21,724    
Foxconn Investment Agreement for Preferred Stock      
Cash flows from financing activities      
Proceeds from issuance of preferred stock 30,000    
At Market Offering      
Cash flows from financing activities      
Issuance of common stock $ 12,418