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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities    
Net loss $ (156,902) $ (269,901)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 35,947 14,534
Stock-based compensation 658 9,272
Lease impairment loss 7,616 0
(Gain)/Loss on disposal on property, plant and equipment (71) 3,698
Change in fair value of related party notes payable and related party warrant liabilities 339 (384)
Change in fair value of notes payable and warrant liabilities (20,640) (72,930)
Change in fair value measurement of earnout liability 0 2,100
Amortization of operating lease right-of-use asset 1,468 1,419
Loss on foreign exchange 287 164
(Gain) Loss on forgiveness of accounts payable and deposits, net (518) 135
Non-cash interest expense 1,282 0
Other 0 669
Changes in operating assets and liabilities:    
Deposits 3,561 (17,767)
Inventory 5,484 (5,844)
Other current and non-current assets 9,620 2,977
Accounts payable (1,908) 9,905
Financial obligations on sale and lease back transaction 1,353 0
Accrued expenses and other current liabilities 7,624 (27,551)
Operating lease liabilities (2,081) (1,097)
Accrued related party interest expense 5,114 (127)
Net cash used in operating activities (29,091) (160,708)
Cash flows from investing activities    
Proceeds from sale of equipment 87 0
Purchase of property, plant and equipment (358) (25,852)
Net cash used in investing activities (271) (25,852)
Cash flows from financing activities    
Proceeds from exercise of warrants 0 4,074
Payments of notes payable (12) 0
Payments of finance lease obligations 0 (673)
Proceeds from exercise of stock options 0 44
Net cash provided by financing activities 26,715 181,838
Effect of exchange rate changes on cash and restricted cash (1) 5,604
Net change in cash and restricted cash (2,648) 882
Cash and restricted cash, beginning of period 4,025 18,514
Cash and restricted cash, end of period 1,377 19,396
Cash and restricted cash    
Cash 793 17,893
Restricted cash 584 1,503
Total cash and restricted cash 1,377 19,396
Supplemental disclosure of noncash investing and financing activities    
Additions of property, plant and equipment included in accounts payable and accrued expenses 42,690 20,047
Reclassification of February 28, 2023 stock-based awards liability to equity due to authorized share increase 0 8,978
Issuance of SPA Warrants 10 30,348
Reduction in outstanding warrants pursuant to the Exchange Agreement 0 16,506
Issuance of Secured SPA Notes pursuant to the Exchange Agreement 0 16,500
Change in classification of warrants from Additional paid-in capital to liability pursuant to the Warrant Exchange 0 6,811
Reclassification of February 28, 2023 earnout shares liability to equity due to authorized share increase 0 5,014
Reclassification of earnout shares from equity to liability on April 21, 2023 due to insufficient authorized shares 0 2,112
Reclassification of stock-based awards from equity to liability on April 21, 2023 due to insufficient authorized shares 0 2,979
Supplemental disclosure of cash flow information    
Cash paid for interest 465 465
Nonrelated Party    
Supplemental disclosure of noncash investing and financing activities    
Conversion of notes payable, related party notes payable and accrued interest into Class A Common Stock (as restated) 17,240 106,458
Nonrelated Party    
Adjustments to reconcile net loss to net cash used in operating activities:    
Loss on settlement of notes payable 58,381 183,528
Cash flows from financing activities    
Proceeds from notes payable, net of original issuance discount 23,916 160,800
Settlement of notes payable transaction costs (189) (1,834)
Related Party    
Adjustments to reconcile net loss to net cash used in operating activities:    
Loss on settlement of notes payable 14,295 6,492
Cash flows from financing activities    
Proceeds from related party notes payable 3,000 19,782
Settlement of notes payable transaction costs $ 0 $ (355)