XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 38,431 $ 104,831
Restricted cash 1,885 861
Accounts receivable, net (allowance for expected credit losses of $8 and $9) 2,396 1,916
Inventory, net 23,193 12,976
Vendor deposits 9,283 16,653
Notes receivable, net 116 103
Contract assets, current 3,854 1,369
Prepaid expenses 915 2,595
Other current assets 1,562 1,268
Total current assets 81,635 142,572
Property, plant and equipment, net 29,823 12,890
Intangible assets, net 250 280
Goodwill 4,331 4,331
Notes receivable, long-term, net 3,678 3,547
Operating lease right-of-use asset, net 4,546 3,468
Long-term restricted cash 10,731 0
Other assets, net 3,487 2,087
Total assets 138,481 169,175
Current liabilities:    
Accounts payable 35,490 12,531
Accrued expenses 15,966 7,674
Accounts payable and accrued expenses - related parties 0 1,200
Operating lease liability, current 1,067 1,084
Note payable, current 0 4,926
Long-term debt, current 2,822 1,644
Contract liabilities, current 465 849
Other current liabilities 31 9
Total current liabilities 55,841 29,917
Long-term liabilities:    
Operating lease liability, long-term 4,426 3,224
Note payable, excluding current 0 13,769
Long-term debt, excluding current 81,953 4,727
Convertible notes payable - related party 78,743 84,148
Interest payable - related party 1,590 0
Contract liabilities, long-term 956 0
Warrants liability - related party 137 926
Other liabilities 3,174 17
Total long-term liabilities 170,979 106,811
Total liabilities 226,820 136,728
COMMITMENTS AND CONTINGENCIES (NOTE 16)
SHAREHOLDERS' (DEFICIT) EQUITY    
Common Stock, $0.0001 par value, 300,000,000 and 200,000,000 shares authorized, 74,082,289 and 53,786,632 shares outstanding on September 30, 2022 and December 31, 2021, respectively 8 5
Preferred stock, $0.0001 par value, 1,000,000 shares authorized, no shares outstanding on September 30, 2022 and December 31, 2021 0 0
Additional paid in capital 501,376 448,969
Accumulated deficit (589,727) (416,527)
Accumulated other comprehensive income 4 0
Total shareholders' (deficit) equity (88,339) 32,447
Total liabilities and shareholders' (deficit) equity $ 138,481 $ 169,175