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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 1,401 $ 31
Restricted cash 3,252
Accounts receivable, net 3,656 451
Inventories 47,833 1,796
Prepaid expenses and other current assets, net 797 356
Amount due from a related party 850 130
Assets held-for-sale 5,987
Total current assets 60,524 6,016
Property and equipment, net 4,635 1,119
Operating lease right-of-use assets 2,192
Net investment in leases 119 230
Goodwill 4,271
Total assets 67,470 11,636
Current liabilities:    
Accounts payable 2,950 3,529
Accrued liabilities 1,090 926
Advance from customers, current 2,650 167
Deferred income 352 362
Warranty reserve, current 3,803 289
Lease liabilities, current 2,423 1,303
Amounts due to a related party 863
Short-term borrowing 1,317 961
Warrant liability 1,887
Derivative liability 294 1,156
Income tax payable 2,309
Convertible note, current 2,550 1,320
Long-term borrowing, current 6 5
Total current liabilities 21,631 10,881
Lease liabilities, noncurrent 3,369 2,696
Warranty reserve, noncurrent 10,895
Advance from customers, noncurrent 2,040 2,214
Convertible notes, noncurrent 540
Long-term borrowings 143 144
Deferred tax liabilities 9,422
Total liabilities 47,500 16,475
Commitments and contingencies (Note 16)
Equity:    
Common stock, par $0.0004, 450,000,000 shares authorized, 35,401,357 and 21,900,918 shares issued and outstanding as of June 30, 2024, and December 31, 2023, respectively 14 9
Additional paid-in capital 49,436 44,359
Accumulated deficit (29,480) (49,207)
Total stockholders’ equity (deficit) 19,970 (4,839)
Total liabilities and stockholders’ equity $ 67,470 $ 11,636