XML 41 R29.htm IDEA: XBRL DOCUMENT v3.24.2.u1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2024
Accounting Policies [Abstract]  
Schedule of Cash and Cash Equivalents
The following table provides a reconciliation of cash, cash equivalents, and restricted cash to amounts shown in the statements of cash flows (in thousands):
June 30,
2024
December 31,
2023
Cash and cash equivalents$1,353,581 $1,369,947 
Restricted cash included in other current assets
14 1,560 
Total cash, cash equivalents, and restricted cash$1,353,595 $1,371,507 
Schedule of Restricted Cash
The following table provides a reconciliation of cash, cash equivalents, and restricted cash to amounts shown in the statements of cash flows (in thousands):
June 30,
2024
December 31,
2023
Cash and cash equivalents$1,353,581 $1,369,947 
Restricted cash included in other current assets
14 1,560 
Total cash, cash equivalents, and restricted cash$1,353,595 $1,371,507 
Schedule of Disaggregation of Revenue
The disaggregation of the Company’s revenue by geographic area based on the sales location of vehicles was as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
North America
$155,090 $137,522 $269,846 $286,284 
Middle East
40,649 6,082 95,231 6,750 
Other international
4,842 7,270 8,244 7,272 
Total Revenue
$200,581 $150,874 $373,321 $300,306