XML 44 R34.htm IDEA: XBRL DOCUMENT v3.23.2
Liquidity and Capital Resources (Details)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended 11 Months Ended
Jul. 20, 2023
Jun. 16, 2023
USD ($)
May 08, 2023
USD ($)
closing
Nov. 11, 2022
USD ($)
Jun. 30, 2023
USD ($)
$ / shares
shares
Jun. 30, 2023
USD ($)
$ / shares
shares
Jun. 30, 2023
USD ($)
$ / shares
shares
Jun. 26, 2023
USD ($)
installment
Mar. 23, 2023
USD ($)
Mar. 06, 2023
USD ($)
Feb. 28, 2023
shares
Feb. 03, 2023
USD ($)
Dec. 31, 2022
USD ($)
$ / shares
shares
Nov. 03, 2022
shares
Jun. 30, 2022
USD ($)
Dec. 31, 2021
USD ($)
shares
Debt Instrument [Line Items]                                
Going concern period           1 year                    
Cash         $ 17,893 $ 17,893 $ 17,893           $ 16,968      
Accumulated deficit         3,796,656 3,796,656 3,796,656           3,526,755      
Cash and restricted cash         19,396 19,396 19,396           $ 18,514   $ 121,534 $ 530,477
Common stock, shares authorized (in shares) | shares                     1,775,000,000     900,000,000   825,000,000
Standby Equity Purchase Agreement                                
Debt Instrument [Line Items]                                
Option to increase commitment amount       $ 350,000                        
Agreement term       3 years                        
Chongqing Leshi Small Loan Co., Ltd. | Related Party Notes, China, Due On Demand | Related Party                                
Debt Instrument [Line Items]                                
Breach of agreement         $ 4,500 $ 4,500 $ 4,500                  
Interest rate (in percent)         18.00% 18.00% 18.00%                  
Class A                                
Debt Instrument [Line Items]                                
Common stock, shares authorized (in shares) | shares         1,690,000,000 1,690,000,000 1,690,000,000       1,690,000,000   815,000,000      
Common stock, par value (in dollars per share) | $ / shares         $ 0.0001 $ 0.0001 $ 0.0001           $ 0.0001      
Class A | Standby Equity Purchase Agreement                                
Debt Instrument [Line Items]                                
Commitment amount       $ 200,000                        
Class A Common Stock and/or Warrants                                
Debt Instrument [Line Items]                                
Aggregate price   $ 300,000                            
Common Stock | Subsequent Event                                
Debt Instrument [Line Items]                                
Stockholder's equity, stock split, conversion ratio 0.125                              
Common Stock | Subsequent Event | Maximum                                
Debt Instrument [Line Items]                                
Stockholder's equity, stock split, conversion ratio 0.0111111                              
Common Stock | Subsequent Event | Minimum                                
Debt Instrument [Line Items]                                
Stockholder's equity, stock split, conversion ratio 0.5                              
SPA Warrants | Class A                                
Debt Instrument [Line Items]                                
Exercise price of warrants or rights         $ 20,000 $ 20,000 $ 20,000                  
Warrant or right, funded         9,400 9,400 9,400                  
Warrant or right, cancelled         10,600 10,600 10,600                  
Warrant exercise price, remaining balance (in dollars per share)         144,800 144,800 144,800                  
SPA Notes | Notes Payable                                
Debt Instrument [Line Items]                                
Amount committed                   $ 462,900            
Proceeds from issuance of debt             292,200                  
Proceeds, net of original issuance discount             $ 256,500                  
Debt instrument, amount committed, remaining balance         171,300                      
Debt instrument, amount committed, remaining balance, contingent         5,000                      
Debt instrument, amount committed, remaining balance, contingent, satisfaction or waiver of conditions         $ 15,000                      
Debt instrument, amount committed, remaining balance, contingent and expected to be funded, term         5 days                      
Debt instrument, amount committed, remaining balance, contingent, term agreement         $ 6,500                      
Aggregate principal                 $ 25,000     $ 135,000        
SPA Notes | Notes Payable | Senyun And Purchase Affiliated With ATW Partners LLC                                
Debt Instrument [Line Items]                                
Proceeds from issuance of debt           38,000                    
Proceeds, net of original issuance discount           $ 32,900                    
Unsecured SPA Notes                                
Debt Instrument [Line Items]                                
Common stock, percentage of issued and outstanding shares     19.99%                          
Unsecured SPA Notes | Metaverse Horizon Limited and V W Investment Holding Limited                                
Debt Instrument [Line Items]                                
Amount committed     $ 80,000                          
Aggregate principal     $ 100,000                          
Unsecured SPA Notes | FF Vitality Ventures LLC ("FFVV")                                
Debt Instrument [Line Items]                                
Aggregate principal               $ 40,000                
Debt Instrument, face amount per installment               $ 5,000                
Debt instrument, face amount, number of installment | installment               8                
Unsecured SPA Notes | Senyun                                
Debt Instrument [Line Items]                                
Aggregate principal               $ 30,000                
Debt Instrument, face amount per installment               $ 3,800                
Debt instrument, face amount, number of installment | installment               8                
Unsecured SPA Notes | Notes Payable                                
Debt Instrument [Line Items]                                
Debt instrument, number of closings | closing     8                          
Debt instrument, period between each closing     15 days                          
Unsecured SPA Notes | Notes Payable | Metaverse Horizon Limited and V W Investment Holding Limited                                
Debt Instrument [Line Items]                                
Aggregate principal     $ 100,000