Related Party Notes Payable (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2022

Dec. 31, 2021

Related Party Transactions [Abstract]

Schedule of consists related party notes payable

Note Name	Contractual Maturity Date	Contractual Interest Rates			Balance as of March 31, 2022		Interest Expense for the Three Months Ended March 31, 2022
Related party notes – China(1)	Due on Demand		18.00	%	$	9,451	$	622
Related party notes – China various other	Due on Demand		0.00	%		4,185		—
					$	13,636	$	622

(1) As of March 31, 2022, the Company was in default on a related party note with a principal value of $9,451.

Schedule of related party notes payable

	March 31, 2022
Note Name	Contractual Maturity Date	Contractual Interest Rates			Unpaid Principal Balance		Fair Value Measurement Adjustments		Original issue discount and proceeds allocated to warrants			Net Carrying Value		Interest Expense for the Three Months Ended March 31, 2022
June 9, 2021 Note 1 and Note 2	December 9, 2022		0.00	%	$	40,000	$	8,697	$	(9,522	)	$	39,175	$	—
August 10, 2021 Optional Notes	February 10, 2023		15.00	%		33,917		11,499		(11,518	)		33,898		1,272
Notes payable – China various other	Due on Demand		0.00	%		5,483		—		—			5,483		—
PPP Loan	April 17, 2022		1.00	%		193		—		—			193		—
Auto loans	Various		Various			116		—		—			116		—
					$	79,709	$	20,196	$	(21,040	)	$	78,865	$	1,272

	Three months ending March 31, 2022
Note Name	Contractual Maturity Date	Contractual Interest Rates			Net carrying value at 12/31/2021		Fair Value Measurement Adjustments			Payment Premium		Cash Payment
March 1, 2021 Notes(1)	March 1, 2022		14.00	%	$	56,695	$	(1,695	)	$	—	$	(55,000	)
August 26, 2021 Notes(1)	March 1, 2022		14.00	%		30,924		(924	)		2,065		(32,065	)
					$	87,619	$	(2,619	)	$	2,065	$	(87,065	)

(1) On March 1, 2021, the Company amended the NPA to permit the issuance of additional notes payable with principal amounts up to $85,000. On the same day, the Company entered into notes payable agreements with Ares for an aggregate principal of $55,000. The notes payable were collateralized by a first lien on virtually all tangible and intangible assets of the Company, bore interest at 14.0% per annum and matured on March 1, 2022. On February 25, 2022, the Company repaid the $55,000 principal amount of the March 1, 2021 Notes with accrued interest of $7,721.

	December 31, 2021
Note Name	Contractual Maturity Date	Contractual Interest Rates			Unpaid Balance		Net Carrying Value at 12/31/21
Related party notes - China(1)	Due on Demand		18.00	%	$	9,411	$	9,411
Related party notes - China various other(2)	Due on Demand		0.00	%		4,244		4,244
Total related party notes payable					$	13,655	$	13,655

	December 31, 2020
Note Name	Contractual Maturity Date	Contractual Interest Rates		Unpaid Balance		Fair Value Measurement Adjustments		0% Coupon Discount			Loss (Gain) on Extinguishments			Net Carrying Value at 12/31/2020
Related party note (3)	June 30, 2021		12.00%	$	240,543	$	—	$	(861	)	$	204		$	239,886
Related party note (4)	Due on Demand		15.00%		10,000		—		—			—			10,000
Related party notes – NPA tranche (5)	October 6, 2021		10.00%		27,593		5,356		—			—			32,949
Related party notes – China (1)	Due on Demand		18.00%		9,196		—		—			—			9,196
Related party notes – China various other (2)(6)	Due on Demand		0% coupon, 10.00% imputed		6,548		—		(190	)		(22	)		6,336
Related party notes – China various other (6)	Due on Demand		8.99%		1,410		—		—			(3	)		1,407
Related party notes – Other (7)	Due on Demand		0.00%		424		—		—			—			424
Related party notes – Other (8)	June 30, 2021		6.99%		4,160		—		—			(50	)		4,110
Related party notes – Other (9)	June 30, 2021		8.00%		6,452		—		—			(35	)		6,417
Related party notes - Other (10)	June 30, 2021		1.52%, 8.99%, 8.00%, 2.86%		8,440		—		—			(137	)		8,303
Related party notes – Other (11)	Due on Demand, June 30, 2021		8.99%, 6.99%		1,760		—		—			(11	)		1,749
Related party notes – Other (12)	June 30, 2021		8.00%		11,635		—		—			(57	)		11,578
Total related party notes payable				$	328,161	$	5,356	$	(1,051	)	$	(111	)	$	332,355

(1) In April 2017, the Company executed two separate note payable agreements with Chongqing Leshi Small Loan Co., Ltd. (“Chongqing”), for total principal of $8,742. Chongqing was previously controlled by the Company’s founder and former CEO and is a small banking institution. The notes payable matured on April 16, 2018, have no covenants, and are unsecured. The notes bore interest during the note term at 12.00% per annum. As the notes are in default as of December 31, 2021 and 2020, the outstanding balance is subject to an 18.00% compounding interest rate per annum.

(2) The Company issued the following notes with various related parties in China.

(3) During 2016, Faraday & Future (HK) Limited (“F&F HK”) and Leview Mobile (HK) Ltd. (“Leview”) provided the Company with cash contributions for a total of $278,866. F&F HK was previously controlled by the Company’s founder and former CEO and Leview is controlled by the Company’s founder and former CEO. On March 30, 2018, the cash funding was restructured via an agreement in the form of notes payable bearing an annual interest rate of 12.00% and maturing on December 31, 2020. The notes payable are unsecured and there are no covenants associated with these notes payable.

(4) In 2019, the Company borrowed $10,000 from Evergrande Health Industry Group Limited (“China Evergrande”). China Evergrande is an affiliate of a significant shareholder of the Company. The note payable matured on June 30, 2019. The note payable bore interest at an annual rate of 10.00% if repaid through June 30, 2019 and increased to 15.00% per annum thereafter. The note payable was unsecured and there were no covenants associated with this note payable.

(5) The Company issued 10% interest notes with various related parties through the Note Purchase Agreements (“NPA”).

(6) The Company issued the following notes with various related parties in China.

(7) In December 2020, the Company entered into two notes payable for a total of $424. The notes payable did not have a stated maturity or bear interest. The notes had no covenants and were unsecured. In March 2021, the Company received a $200 bridge loan. The two notes payable totaling $424 and the $200 bridge loan were repaid in cash during the year ended December 31, 2021.

(8) In November 2019 and December 2019, the Company executed three notes payable with an affiliated company for total principal of $4,160. The notes payable originally matured on December 31, 2020 and bore interest at 6.99%.

(9) Between January 2020 and August 2020, the Company executed nine notes payable with an affiliated company for a total of $8,422. The notes payable matured on December 31, 2020 and bear interest at 8%, besides one note for $500 which matured on June 30, 2020 and bore interest at 8%. The notes had no covenants and were unsecured.

(10) The Company issued the following notes with a related party.

(11) The Company issued the following notes with a related party.

(12) The Company issued the following notes with a related party.

Schedule of notes payable

	As of and for the Year Ended December 31,
	2021		2020
Outstanding principal	$	9,411	$	9,196
Accrued interest		11,231		7,646
Interest expense		3,369		2,641
Foreign exchange (gain) loss on principal		810		595
Foreign exchange (gain) loss on accrued interest		679		463

	As of and for the Year Ended December 31,
	2021		2020
Outstanding principal	$	—	$	737
Interest expense		16		34
Foreign exchange (gain) loss on principal		30		48
Reclassification to notes payable		730		—

	As of and for the Year Ended December 31,
	2021		2020
Outstanding principal	$	4,244	$	5,045
Interest expense		141		310
Foreign exchange (gain) loss on principal		99		326
Principal payments in cash		900		—

	As of and for the Year Ended December 31,
	2021		2020
Outstanding principal	$	—	$	240,543
Accrued interest		—		64,827
Interest expense		8,801		10,134
Principal settled with equity		240,543		—
Interest settled with equity		73,448		—

	As of and for the Year Ended December 31,
	2021		2020
Outstanding principal	$	—	$	10,000
Accrued interest		—		2,839
Interest expense		869		1,611
Principal payments in cash		10,000		—
Interest payments in cash		3,708		—

	As of and for the Year Ended December 31,
	2021		2020
Outstanding principal	$	—	$	18,112
Accrued interest		—		2,635
Interest expense		1,064		1,840
Principal and conversion premium settled with equity		3,622		—
Interest settled with equity		3,638		—
Principal payments in cash		18,112		—
Interest payments in cash		62		62

	As of and for the Year Ended December 31,
	2021		2020
Outstanding principal	$	—	$	8,581
Accrued interest		—		1,418
Interest expense		496		861
Principal conversion premium settled with equity		1,716		—
Interest payments settled with equity		1,914		—
Principal payments in cash		8,581		—

	As of and for the Year Ended December 31,
	2021		2020
Outstanding principal	$	—	$	900
Accrued interest		—		143
Interest expense		50		90
Principal conversion premium settled with equity		180		—
Interest payments settled with equity		193		—
Principal payments in cash		900		—

	As of and for the Year Ended December 31,
	2021		2020
Outstanding principal	$	—	$	766
Accrued interest		—		—
Interest expense		55		72
Principal settled with equity		774		—
Foreign exchange (gain) loss on principal		46		49

	As of and for the Year Ended December 31,
	2021		2020
Outstanding principal	$	—	$	1,410
Accrued interest		—		69
Interest expense		41		111
Principal settled with equity		1,410		—
Interest settled with equity		44		—
Interest payments in cash		63		42
Proceeds		—		1,410

	As of and for the Year Ended December 31,
	2021		2020
Outstanding principal	$	—	$	424
Principal payments in cash		624		—
Proceeds		200		424

	As of and for the Year Ended December 31,
	2021		2020
Outstanding principal	$	—	$	4,160
Accrued interest		—		313
Interest expense		211		293
Principal settled with equity		4,160		—
Interest settled with equity		474		—

	As of and for the Year Ended December 31,
	2021		2020
Outstanding principal	$	—	$	6,452
Accrued interest		—		435
Interest expense		321		435
Principal settled with equity		6,452		—
Interest settled with equity		721		—
Principal payments in cash		—		1,969
Proceeds		—		8,422

	As of and for the Year Ended December 31,
	2021		2020
Outstanding principal	$	—	$	4,400
Accrued interest		—		314
Interest expense		37		84
Principal settled with equity		4,400		—
Interest settled with equity		351		—

	As of and for the Year Ended December 31,
	2021		2020
Outstanding principal	$	—	$	2,240
Accrued interest		—		202
Interest expense		111		185
Principal settled with equity		2,240		—
Interest settled with equity		313		—

	As of and for the Year Ended December 31,
	2021		2020
Outstanding principal	$	—	$	300
Accrued interest		—		23
Interest expense		13		23
Principal settled with equity		300		—
Interest settled with equity		36		—
Proceeds		—		300

	As of and for the Year Ended December 31,
	2021		2020
Outstanding principal	$	—	$	1,500
Accrued interest		—		95
Interest expense		24		43
Principal settled with equity		1,500		—
Interest settled with equity		119		—

	As of and for the Year Ended December 31,
	2021		2020
Outstanding principal	$	—	$	380
Accrued interest		—		99
Interest expense		21		45
Principal settled with equity		380		—
Interest settled with equity		118		—
Principal payments in cash		—		120

	As of and for the Year Ended December 31,
	2021		2020
Accrued interest		—		4
Interest settled with equity		4		—

	As of and for the Year Ended December 31,
	2021		2020
Outstanding principal	$	—	$	180
Accrued interest		—		10
Interest expense		8		6
Principal settled with equity		180		—
Interest settled with equity		17		—

	As of and for the Year Ended December 31,
	2021		2020
Outstanding principal	$	—	$	1,200
Accrued interest		—		192
Interest expense		55		171
Principal settled with equity		1,200		—
Interest settled with equity		239		—
Principal payments in cash		—		1,500
Interest payments in cash		—		5

	As of and for the Year Ended December 31,
	2021		2020
Outstanding principal	$	—	$	11,635
Accrued interest		—		1,177
Interest expense		515		933
Principal settled with equity		11,635		—
Interest settled with equity		1,692		—

Schedule of business combination

	December 31, 2021
Note Name	Contractual Maturity Date	Contractual Interest Rates		Net Carrying Value at 12/31/2020		Amortization of Discounts & Fair Value Adjustments		Accrued Interest at Settlement		Borrowing		Cash Payments of Principal and Interest			Equity Settlements of Principal and Interest			Net Carrying Value at 12/31/2021		Loss (Gain) at Settlement
Settlement prior to the Business Combination:
Related party note(3)	June 30, 2021		12.00%	$	220,690	$	657	$	73,448	$	—	$	—		$	(294,795	)	$	—	$	—
Settlement in the Business Combination:
Related party note(3)	June 30, 2021		12.00%		19,196		—		—		—		—			(19,196	)				7,256
Related party note(4)	Due on Demand		15.00%		10,000		—		3,708		—		(13,708	)		—			—		—
Related party notes – NPA tranche(5)	October 9, 2021		10.00%		32,949		163		5,728		—		(27,593	)		(11,247	)		—		4,257
Related party notes – China various other(6)	Due on Demand		0% coupon, 10.00% imputed		774		—		—		—		—			(774	)		—		292
Related party notes – China other(6)	Due on Demand		8.99%		1,407		3		44		—		—			(1,454	)		—		550
Related party notes – Other(7)	Due on Demand		0.00%		424		—		—		200		(624	)		—			—		—
Related party notes – Other(8)	June 30, 2021		6.99%		4,110		50		—		—		—			(4,160	)		—		1,572
Related party notes – Other(9)	June 30, 2021		8.00%		6,417		35		1,195		—		—			(7,647	)		—		2,891
Related party notes – Other(10)	June 30, 2021		1.52%,8.99%, 8.00%, 2.86%		8,303		137		819		—		—			(9,259	)		—		3,500
Related party notes – Other(11)	Due on Demand, June 30, 2021		8.99%, 6.99%		1,749		11		378		—		—			(2,138	)		—		808
Related party notes – Other(12)	June 30, 2021		8.00%		11,578		57		1,693		—		—			(13,328	)		—		5,038
Subtotal settlements in the Business Combination					96,907		456		13,565		200		(41,925	)		(69,203	)		—		26,164
Total				$	317,597	$	1,113	$	87,013	$	200	$	(41,925	)	$	(363,998	)	$	—	$	26,164

Schedule of related party notes payable restructured

Lender	Principal
Faraday & Future (HK) Limited	$	149,081
Leview Mobile (HK) Ltd		66,859
Beijing Bairui Culture Media, Co. Ltd		24,603
Total	$	240,543

Lender	Principal
CYM Tech Holdings LLC	$	240,543

Schedule of future scheduled principal maturities of related party notes payable

Years ended December 31,
Due on demand	$	13,655