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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2022
Accounting Policies [Abstract]  
Schedule of reconciliation of cash, cash equivalents, and restricted cash
The following table provides a reconciliation of cash, cash equivalents, and restricted cash in the condensed consolidated balance sheets to the total amount shown in the condensed consolidated statements of cash flows:
As of
June 30, 2022December 31, 2021
Cash and cash equivalents$322,371 $351,676 
Restricted cash150 150 
Total cash, cash equivalents, and restricted cash$322,521 $351,826 
Property and equipment, schedule of useful lives Depreciation is calculated using the straight-line method, based upon the following estimated useful lives:
Property and equipment, net, continued:

Equipment5 years
Furniture and fixtures3 years
Computer and related equipment2 years
Software2 years
Vehicles5 years
Leasehold improvementsLesser of useful life of the asset or remaining life of the lease
Schedule of accrued warranty liability
The following is a roll-forward of the Company’s accrued warranty liability:
For the Six Months Ended
June 30, 2022
For the
Year
Ended December 31,
2021
Balance at the beginning of the period$2,547 $1,735 
Acquisition date accrual for World Energy acquisition— 25 
Accrual for warranties issued35 346 
Accrual of additional warranty obligations— 965 
Warranty fulfillment charges(256)(524)
Balance at the end of the period$2,326 $2,547 
Schedule of fair values private warrants were valued using a black-scholes model
The fair value of stock options issued for the six months ended June 30, 2022 and 2021 was measured with the following assumptions:
For the Six Months Ended
June 30,
20222021
Expected volatility
86.0% – 86.4%
78.0% – 87.1%
Expected term (in years)6.256.25
Risk-free interest rate
1.4% – 1.7%
0.1%
Expected dividend yield
0.0%
0.0%
The Private Warrants were valued using a Black-Scholes model, pursuant to the inputs provided in the table below:
InputMark-to-Market
Measurement at
June 30,
2022
Mark-to-Market
Measurement at
December 31,
2021
Risk-free rate3.00 %1.11 %
Remaining term in years3.483.98
Expected volatility91.4 %88.8 %
Exercise price$11.50 $11.50 
Fair value of common stock$1.15 $3.31