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Business Combination (Tables)
12 Months Ended
Dec. 31, 2022
Business Combination [Abstract]  
Schedule of transaction costs
  

PSAC 
Balances

as of

July 21,
2021

 
Cash in the PSAC trust account at the Closing of the Business Combination  $229,583 
Other current assets   36 
Accounts payable, accrued expenses, and other current liabilities   (225)
Accrued transaction costs   (5,108)
PSAC transaction costs assumed as part of the Business Combination   (18,040)
Related party notes payable   (1,080)
Private Warrants liability   (2,152)
Obligation to issue registered shares of Class A Common Stock assumed as part of the Business Combination   (32,900)
Net assets acquired  $170,114 

 

Schedule of common stock shares to issue business combination
   Number of shares 
Class A and B Ordinary Stock outstanding on July 1, 2021        30,276,958 
Class A Ordinary Stock issued through option exercises between July 1, 2021 and July 21, 2021, net of share repurchases        1,035,399 
Ordinary Stock outstanding prior to the Business Combination        31,312,357 
Conversion of Redeemable Preference Stock and Class B, Class A-1, Class A-2, and Class A-3 Convertible Preferred Stock into Class A and B Common Stock   160,637,633      
Issuance of Class A Common Stock in the Business Combination   27,798,411      
Conversion of assumed convertible notes into Class A Common Stock   80,000      
Total note conversion and share issuance pursuant to the reverse recapitalization*        188,516,044 
Conversion of liabilities into Class A Common Stock in the Business Combination**        24,464,994 
Shares attributable to reverse recapitalization        244,293,395 
Issuance of Class A Common Stock attributable to PIPE Financing        76,140,000 
Total shares of Class A and Class B Common Stock as of the closing of the Business Combination and related transactions        320,433,395 

 

*The corresponding adjustment to APIC relates to the reverse recapitalization. The adjustment is comprised of (i) $170.1 million which represents the fair value of the consideration transferred in the Business Combination, less the excess of the fair value of the shares issued over the value of the net monetary assets of PSAC, net of transaction costs related to the business combination (ii) $1,815.6 million which represents the conversion of the Redeemable Preference Stock and Convertible Preferred Stock into Ordinary Stock and, (iii) $0.8 million to settle an aggregate principal amount of related party convertible notes of PSAC into Class A Common Stock.

 

**The Company committed to issue 6,921,814 shares of Class A Common Stock to convert related party notes payable (see Note 9, Related Party Notes Payable), 6,854,013 shares of Class A Common Stock to convert notes payable (see Note 10, Notes Payable), 9,618,542 shares of Class A Common Stock to convert liabilities in the Vendor Trust (see Note 11, Vendor Payables in Trust), 838,040 shares of Class A Common Stock to convert Future Work, and 232,585 shares of Class A Common Stock to settle other vendor liabilities.

 

Schedule of transaction costs related to business combination and PIPE financing
   Reconciliation
at the
Closing Date
 
Consolidated Statements of Stockholders’ Equity (Deficit)    
Proceeds from issuance of Class A Common Stock in the Business Combination  $229,583 
Transaction costs paid in connection with the Business Combination   (23,148)
Net proceeds from issuance of Class A Common Stock in the Business Combination   206,435 
Net assets acquired and liabilities assumed in the Business Combination, exclusive of cash and accrued transaction costs   (3,421)
Obligation to issue registered shares of Class A Common Stock for transaction services   (32,900)
Net assets and liabilities acquired in the Business Combination  $170,114 
      
Proceeds from issuance of Class A Common Stock in the PIPE Financing  $761,400 
Transaction costs paid in connection with the issuance of Class A Common Stock in the PIPE Financing   (61,130)
Reclassification of deferred transaction costs paid in prior periods against proceeds received in the Business Combination   (7,865)
Net proceeds from issuance of Class A Common Stock in the PIPE Financing  $692,405 
      
Transaction costs paid in connection with the Business Combination  $(23,148)
Transaction costs paid in connection with the PIPE Financing   (61,130)
Reclassification of deferred transaction costs paid in prior periods against proceeds received in the Business Combination   (7,865)
Obligation to issue registered shares of Class A Common Stock for transaction services   (32,900)
Total transaction costs in connection with the Business Combination and the PIPE Financing  $(125,043)

 

Schedule of consolidated statements of stockholders’ equity deficit
    Legacy FF Capital Structure         New Capital Structure 
    Outstanding
Shares
Immediately
Before
Conversion on
     Exchange    The Commitment
to issue
the Company’s
Common Stock
 
    Closing Date    Ratio    Class A    Class B 
Redeemable Preference Stock   470,588,235    0.14130    66,494,117      
Class B Convertible Preferred Stock   452,941,177    0.14130         64,000,588 
Class A-1 Convertible Preferred Stock   73,306,184    0.14130    10,358,162      
Class A-2 Convertible Preferred Stock   138,737,629    0.14130    19,603,624      
Class A-3 Convertible Preferred Stock(1)   1,281,976    0.14130    181,143      
Class A Ordinary Stock   71,551,672    0.14130    10,109,892      
Class B Ordinary Stock   150,052,834    0.14130    21,202,465      
    1,358,459,707         127,949,403    64,000,588 

(1)The Company issued Convertible Preferred Stock Class A-3 immediately prior to the Closing of the Business Combination to settle certain notes payable (see Note 10, Notes Payable). These shares converted into a commitment to issue Class A Common Stock upon the Closing.