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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 104,831 $ 121,853
Restricted cash 861 0
Accounts receivable, net 1,916 0
Inventory, net 12,976 214
Vendor deposits 16,653 2,390
Notes receivable, net 103 0
Prepaid expenses 2,595 2,274
Other current assets 2,637 636
Total current assets 142,572 127,367
Property and equipment, net 12,890 5,653
Intangible assets, net 280 320
Goodwill 4,331 0
Investment in joint venture 0 3,736
Security deposits, net 1,239 825
Notes receivable, long-term, net 3,547 100
Operating lease right-of-use asset, net 3,468 0
Other assets, net 848 263
Total assets 169,175 138,264
Current liabilities    
Warranty accrual 12,531 3,378
Accrued expenses 7,674 5,093
Accounts payable and accrued expenses - related parties 1,200 2,517
Provision for firm purchase commitments - related parties 0 1,585
Operating lease liability, current portion 1,084 0
Notes payable, current portion 4,926 0
Long-term debt, current portion 1,644 924
Other current liabilities 858 88
Total current liabilities 29,917 13,585
Long-term liabilities    
Operating lease liability, long-term 3,224 0
Notes payable 13,769 0
Long-term debt 4,727 427
Convertible notes payable - related party 84,148 0
Warrants liability - related party 926 2,701
Other liabilities 17 766
Total long-term liabilities 106,811 3,894
Total liabilities 136,728 17,479
COMMITMENTS AND CONTINGENCIES (NOTE 10) 0 0
SHAREHOLDERS' EQUITY    
Common Stock, $0.0001 par value, 200,000,000 shares authorized, 53,786,632 and 48,943,082 shares outstanding at December 31, 2021 and 2020, respectively 5 5
Contingently Issuable Common Stock 0 17,600
Preferred stock, $0.0001 par value, 1,000,000 shares authorized, no shares outstanding at December 31, 2021 and 2020 0 0
Additional paid in capital 448,969 395,491
Accumulated deficit (416,527) (292,311)
Total shareholders' equity 32,447 120,785
Total liabilities and shareholders’ equity $ 169,175 $ 138,264