XML 19 R6.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Stockholders’ Equity (Deficit) and Noncontrolling Interest (Unaudited) - USD ($)
Class A
Common Stock
Thunder Bridge Acquisition II, Ltd.[Member]
Class A
Common Stock
Class V
Common Stock
Common Stock
Common Stock
Thunder Bridge Acquisition II, Ltd.[Member]
Common Stock
Common Stock
Thunder Bridge Acquisition II, Ltd.[Member]
Members’ Equity
Additional Paid-in Capital
Thunder Bridge Acquisition II, Ltd.[Member]
Additional Paid-in Capital
Accumulated Deficit
Thunder Bridge Acquisition II, Ltd.[Member]
Accumulated Deficit
Accumulated Other Comprehensive Loss
Total Stockholders’ Deficit Attributable to indie Semiconductor, Inc.
Noncontrolling Interest
Thunder Bridge Acquisition II, Ltd.[Member]
Total
Balance at Feb. 12, 2019                    
Balance (in Shares) at Feb. 12, 2019                          
Sale of Class B ordinary share to sponsor       863   24,137           25,000  
Sale of Class B ordinary share to sponsor (in Shares)     8,625,000                      
Sale of 34,500,000 Units, net of underwriters discount and offering costs $ 3,450         309,237,190           309,237,190  
Sale of 34,500,000 Units, net of underwriters discount and offering costs (in Shares) 34,500,000                          
Common stock subject to redemption $ (3,450)         (309,261,327)   (38,196,074)         (347,460,851)  
Common stock subject to redemption (in Shares) (34,500,000)                          
Net income loss           3,619,908         3,619,908  
Balance at Dec. 31, 2019 $ 863   $ 41,468,000 $ 577,000 (34,576,166) $ (55,766,000) $ (241,000) $ (13,962,000) $ 3,380,000 (34,575,303) $ (10,582,000)
Balance (in Shares) at Dec. 31, 2019 [1] [1] 8,625,000   2,251,020                  
Retroactive application of recapitalization   $ 3,000 $ 3,000     $ (41,468,000)   41,462,000    
Retroactive application of recapitalization (in Shares)   33,405,625 [1] 33,373,294 [1]     (2,251,020)                  
Adjusted balance, beginning of period   $ 3,000 $ 3,000       42,039,000   (55,766,000) (241,000) (13,962,000) 3,380,000   (10,582,000)
Adjusted balance, beginning of period (in Shares)   33,405,625 [1] 33,373,294 [1]                      
Vesting of equity awards (in Shares)   213,673 [1] [1]                      
Proceeds from sale of noncontrolling interest           1,452,000   1,452,000
Net income loss           (5,121,000) (5,121,000) (259,000)   (5,380,000)
Foreign currency translation adjustment           (68,000) (68,000) (10,000)   (78,000)
Balance at Mar. 31, 2020 $ 3,000 $ 3,000 $ 863   42,039,000 4,998,800 (60,887,000) (309,000) (19,151,000) 4,563,000 5,000,007 (14,588,000)
Balance (in Shares) at Mar. 31, 2020 33,619,298 [1] 33,373,294 [1] 8,625,000                    
Balance at Dec. 31, 2019 $ 863   $ 41,468,000 577,000 (34,576,166) (55,766,000) (241,000) (13,962,000) 3,380,000 (34,575,303) (10,582,000)
Balance (in Shares) at Dec. 31, 2019 [1] [1] 8,625,000   2,251,020                  
Net income                             (34,528,000)
Balance at Sep. 30, 2020   $ 3,000 $ 3,000       42,750,000   (89,704,000) (183,000) (47,131,000) 4,242,000   (42,889,000)
Balance (in Shares) at Sep. 30, 2020   34,090,095 [1] 33,373,294 [1]                      
Balance at Dec. 31, 2019 $ 863   $ 41,468,000 577,000 (34,576,166) (55,766,000) (241,000) (13,962,000) 3,380,000 (34,575,303) (10,582,000)
Balance (in Shares) at Dec. 31, 2019 [1] [1] 8,625,000   2,251,020                  
Common stock subject to redemption           (2,017,548)         (6,779,026)  
Net income loss           6,779,032         6,779,032  
Common stock subject to redemption           (2,122,286,000,000)         (2,122,286,000,000)  
Net income           (73,292,930,000,000)         (73,292,930,000,000)  
Balance at Dec. 31, 2020 $ 863 863 $ 42,179,000 982,000 (109,991,382) (153,264,000) (209,000) (110,312,000) 8,820,000 (109,990,519) (101,492,000)
Balance (in Shares) at Dec. 31, 2020 [1] [1] 8,625,000   2,287,279                  
Balance at Mar. 31, 2020 $ 3,000 $ 3,000 $ 863   42,039,000 4,998,800 (60,887,000) (309,000) (19,151,000) 4,563,000 5,000,007 (14,588,000)
Balance (in Shares) at Mar. 31, 2020 33,619,298 [1] 33,373,294 [1] 8,625,000                    
Vesting of equity awards (in Shares)   130,522 [1] [1]                      
Issuance of Class H Units               711,000       711,000     711,000
Issuance of Class H Units (in Shares)   125,101 [1] [1]                      
Net income loss           (6,858,000) (6,858,000) (134,000)   (6,992,000)
Foreign currency translation adjustment           7,000 7,000 10,000   17,000
Balance at Jun. 30, 2020   $ 3,000 $ 3,000       42,750,000   (67,745,000) (302,000) (25,291,000) 4,439,000   (20,852,000)
Balance (in Shares) at Jun. 30, 2020   33,874,921 [1] 33,373,294 [1]                      
Vesting of equity awards (in Shares)   215,174 [1] [1]                      
Net income loss           (21,959,000) (21,959,000) (197,000)   (22,156,000)
Net income                             (22,156,000)
Foreign currency translation adjustment           119,000 119,000   119,000
Balance at Sep. 30, 2020   $ 3,000 $ 3,000       42,750,000   (89,704,000) (183,000) (47,131,000) 4,242,000   (42,889,000)
Balance (in Shares) at Sep. 30, 2020   34,090,095 [1] 33,373,294 [1]                      
Balance at Dec. 31, 2020 $ 863 863 $ 42,179,000 982,000 (109,991,382) (153,264,000) (209,000) (110,312,000) 8,820,000 (109,990,519) (101,492,000)
Balance (in Shares) at Dec. 31, 2020 [1] [1] 8,625,000   2,287,279                  
Common stock subject to redemption           (8,621)          
Retroactive application of recapitalization   $ 3,000 $ 3,000     $ (42,179,000)   42,173,000    
Retroactive application of recapitalization (in Shares)   34,413,634 [1] 33,373,294 [1]     (2,287,279)                  
Adjusted balance, beginning of period   $ 3,000 $ 3,000       43,155,000   (153,264,000) (209,000) (110,312,000) 8,820,000   (101,492,000)
Adjusted balance, beginning of period (in Shares)   34,413,634 [1] 33,373,294 [1]                      
Vesting of equity awards (in Shares)   631,121 [1] [1]                      
Net income loss   38,507,524 10,815,000 10,815,000 (454,000) 38,507,524 10,361,000
Foreign currency translation adjustment           (88,000) (88,000) 36,000   (52,000)
Balance at Mar. 31, 2021 $ 3,000 $ 3,000 $ 863   43,155,000 (71,492,479) (142,449,000) (297,000) (99,585,000) 8,402,000 (71,482,995) (91,183,000)
Balance (in Shares) at Mar. 31, 2021 35,044,755 [1] 33,373,294 [1] 8,625,000                    
Balance at Dec. 31, 2020 $ 863 $ 863 $ 42,179,000 982,000 (109,991,382) (153,264,000) (209,000) (110,312,000) 8,820,000 (109,990,519) (101,492,000)
Balance (in Shares) at Dec. 31, 2020 [1] [1] 8,625,000   2,287,279                  
Net income                             (84,812,000)
Balance at Sep. 30, 2021   $ 9,000 $ 3,000       271,738,000   (175,056,000) 61,000 96,755,000 (17,408,000)   79,347,000
Balance (in Shares) at Sep. 30, 2021   96,428,533 [1] 33,827,371 [1]                      
Balance at Mar. 31, 2021 $ 3,000 $ 3,000 $ 863   43,155,000 $ (71,492,479) (142,449,000) (297,000) (99,585,000) 8,402,000 $ (71,482,995) (91,183,000)
Balance (in Shares) at Mar. 31, 2021 35,044,755 [1] 33,373,294 [1] 8,625,000                    
Vesting of equity awards (in Shares)   1,133,889 [1] [1]                      
Share-based compensation         7,968,000   7,968,000   7,968,000
Net loss before           (13,434,000) (13,434,000) (132,000)   (13,566,000)
Retroactive application of recapitalization   $ 6,000       250,129,000   250,135,000   250,135,000
Retroactive application of recapitalization (in Shares)   60,441,289 [1] 454,077 [1]                      
Reverse recapitalization: ADK Minority Holders interest on June 10, 2021         (36,831,000)   40,892,000 40,000 4,101,000 (4,101,000)  
Reverse recapitalization: ADK Minority Holders interest on June 10, 2021 (in Shares)   (378,605) [1] [1]                      
Net income after           19,584,000 19,584,000 6,971,000   26,555,000
Foreign currency translation adjustment           146,000 146,000 (34,000)   112,000
Balance at Jun. 30, 2021   $ 9,000 $ 3,000       264,421,000   (95,407,000) (111,000) 168,915,000 11,106,000   180,021,000
Balance (in Shares) at Jun. 30, 2021   96,241,328 [1] 33,827,371 [1]                      
Vesting of equity awards (in Shares)   187,205 [1] [1]                      
Share-based compensation         6,217,000   6,217,000   6,217,000
Retroactive application of recapitalization         1,100,000   1,100,000   1,100,000
Net income loss           (79,649,000) (79,649,000) (28,512,000)   (108,161,000)
Net income                             (108,161,000)
Foreign currency translation adjustment           172,000 172,000 (2,000)   170,000
Balance at Sep. 30, 2021   $ 9,000 $ 3,000       $ 271,738,000   $ (175,056,000) $ 61,000 $ 96,755,000 $ (17,408,000)   $ 79,347,000
Balance (in Shares) at Sep. 30, 2021   96,428,533 [1] 33,827,371 [1]                      
[1] Retroactively restated to give effect to the reverse recapitalization.