XML 13 R4.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues $ 1,156 $ 900 $ 1,874 $ 1,400
Operating expenses:        
Engineering services costs 28,598 21,202 55,802 40,719
General and administrative costs 27,242 17,839 45,626 30,126
Research and development costs 6,393 4,460 13,528 8,711
Depreciation and amortization 11,720 20,392 22,678 40,336
Total operating expenses 73,953 63,893 137,634 119,892
Other income (expense):        
Loss on remeasurement of warrant liabilities (65,032) (66,140) (68,238) (47,926)
Interest expense (5,657) (4,936) (10,393) (9,332)
Interest income 8,017 2,698 16,213 4,872
Other income (expense), net 308 252 (443) 250
Total other income (expense), net (62,364) (68,126) (62,861) (52,136)
Loss before income tax expense (135,161) (131,119) (198,621) (170,628)
Income tax expense (742) (231) (910) (526)
Net loss before allocation to noncontrolling interest (135,903) (131,350) (199,531) (171,154)
Net loss attributable to noncontrolling interest (36,509) (58,800) (54,431) (78,874)
Net loss attributable to common stockholders $ (99,394) $ (72,550) $ (145,100) $ (92,280)
Weighted-average number of shares        
Weighted-average number of shares outstanding - basic 241,985,507 141,185,500 233,101,209 131,316,319
Weighted-average number of shares outstanding - diluted 241,985,507 141,185,500 233,101,209 131,316,319
Common Class A [Member]        
Net loss per share attributable to holders of Class A Common Stock        
Basic $ (0.41) $ (0.51) $ (0.62) $ (0.7)
Diluted $ (0.41) $ (0.51) $ (0.62) $ (0.7)
Weighted-average number of shares        
Weighted-average number of shares outstanding - basic 241,571,070 141,185,500 232,892,845 131,316,319
Weighted-average number of shares outstanding - diluted 241,571,070 141,185,500 232,892,845 131,316,319