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Condensed Consolidated Statements of Cash Flows (Unaudited)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2022
USD ($)
Jun. 30, 2021
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Cash flows from operating activities        
Net loss $ (294,792) $ (128,300) $ (516,505) $ (147,085)
Adjustments to reconcile net loss to net cash used in operating activities        
Depreciation and amortization expense 9,846 2,047 8,158 3,517
Stock-based compensation 6,474 3,468 11,345 9,505
Vesting of restricted stock awards for employee bonus     18,617
Loss on disposal of property and equipment 1,407 647 64,191 10
Change in fair value measurements (6,344) 37,647 22,700 5,076
Loss upon cancellation of a lease     206
Loss (gain) on foreign exchange 2,484 (1,823) (845) 4,108
Gain on forgiveness of accounts payable and loss on write-off of vendor deposits, net     (7,005)
Loss (gain) on forgiveness of accounts payable and deposits, net 2,190 (862)    
Non-cash interest expense 4,609 37,938 41,014 66,020
Loss (gain) at settlement of related party notes payable, notes payable, and vendor payables in trust, net     86,904 (2,107)
Loss on extinguishment of related party notes payable, notes payable and vendor payables in trust, net 1,309    
Gain on forgiveness of vendor payables in trust (1,731) (1,731)
Reserve for unrecoverable value added taxes     6,404
Other 216 842
Changes in operating assets and liabilities        
Deposits 11,104 733 (48,503)
Other current and other non-current assets 2,048 312 (21,717) (3,347)
Accounts payable 24,403 (15,206) (36,625) 11,500
Accrued expenses and other current liabilities 12,785 11,510 31,824 11,606
Transfers between vendor payables in trust and accounts payable     1,167 (174)
Operating lease liabilities (1,678)    
Accrued interest expense (9,856)    
Net cash used in operating activities (235,104) (52,311) (339,765) (41,165)
Cash flows from investing activities        
Payments for property and equipment (90,234) (1,386) (95,681) (607)
Proceeds from payments on notes receivable     3,600
Net cash used in investing activities (90,234) (1,386) (95,681) 2,993
Cash flows from financing activities        
Proceeds from issuance of Class A Common Stock in the Business Combination     229,583
Proceeds from issuance of Class A Common Stock pursuant to the PIPE Financing     761,400
Transaction costs paid in connection with the Business Combination     (23,148)
Transaction costs paid in connection with the PIPE Financing     (61,130)
Proceeds from related party notes payable 200 200 10,556
Proceeds from notes payable, net of original issuance discount 111,740 172,031 40,595
Payments of related party notes payable (1,528) (38,217) (3,589)
Payments of notes payable, including Payment Premium (87,258) (48,210) (32)
Payments of notes payable issuance costs (3,355) (3,355) (4,562)
Payment of payables in vendor payables in trust     (27,722) (4,500)
Transfers between vendor payables in trust and accounts payable     (1,167) 174
Payments of capital lease obligations     (3,212) (1,926)
Payments of finance lease obligations (936) (2,212)    
Proceeds from exercise of stock options 2,354 7,751 10,587 115
Payments of stock issuance costs (1,071) (1,071)
Net cash (used in) provided by financing activities (85,840) 111,525 966,569 36,831
Effect of exchange rate changes on cash and restricted cash 2,235 (1,407) (2,473) (186)
Net (decrease) increase in cash and restricted cash (408,943) 56,421 528,650 (1,527)
Cash and restricted cash, beginning of period 530,477 1,827 1,827 3,354
Cash and restricted cash, end of period 121,534 58,248 530,477 1,827
Cash 505,091 1,124 1,124 2,221
Restricted cash 25,386 703 703 1,133
Total cash and restricted cash, beginning of period 530,477 1,827 1,827 3,354
Cash 120,585 52,527 505,091 1,124
Restricted cash 949 5,721 25,386 703
Total cash and restricted cash, end of period 121,534 58,248 530,477 1,827
Supplemental disclosure of noncash investing and financing activities        
Recognition of operating right of use assets and lease liabilities for new leases 9,991    
Additions of property and equipment included in accounts payable and accrued expenses 7,331 939 863 3,817
Conversion of related party customer deposit to related party notes payable     11,635
Conversion of The9 Conditional Obligation to equity 2,863    
Conversion of related party notes payable and related party accrued interest to Class A common stock 134,359 294,796
Conversion of notes payable and accrued interest to Class A Common Stock     98,375
Issuance of warrants     17,596 490
Conversion of assumed convertible and promissory notes payable to Class A Common Stock and Private Warrants     1,080
Conversion of The9 Conditional Obligation to Class A Common Stock     2,863
Supplemental disclosure of noncash investing and financing activities related to the Business Combination        
Exchange of Legacy FF redeemable preference stock for a commitment to issue Class A Common Stock     859,182
Exchange of Legacy FF convertible preferred stock for a commitment to issue Class B Common Stock     697,611
Settlement of notes payable and accrued interest for a commitment to issue Class A Common Stock     68,541
Settlement of related party notes payable and related party accrued interest for a commitment to issue Class A Common Stock     69,218
Settlement of vendor payable in trust to a commitment to issue Class A Common Stock     96,186
Reclassification of deferred transaction costs paid in prior periods against the proceeds received in the Business Combination     7,865
Supplemental disclosure of cash flow information        
Cash paid for interest $ 12,937 $ 6,584 $ 6,317 $ 3,137