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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 279 $ 31
Restricted cash 3,252
Accounts receivable, net 5,592 451
Inventories 45,144 1,796
Prepaid expenses and other current assets, net 1,203 356
Battery lease receivables 5,855
Total current assets 58,096 6,016
Property and equipment, net 4,114 1,119
Operating lease right-of-use assets 1,944
Net investment in leases 76 230
Goodwill 4,271
Total assets 64,230 11,636
Current liabilities:    
Accounts payable 3,156 3,529
Accrued liabilities 5,414 926
Deferred revenue 347 362
Warranty reserve, current 3,649 289
Lease liabilities, current 2,675 1,303
Short-term borrowing 1,239 961
Warrant liability 2,103
Derivative liability 237 1,156
Income tax payable 736
Convertible notes, current 1,533 1,320
Long-term borrowing, current 10 5
Total current liabilities 26,521 10,881
Lease liabilities, noncurrent 2,838 2,696
Warranty reserve, noncurrent 10,699
Convertible notes, noncurrent 540
Long-term borrowings 141 144
Deferred tax liabilities 7,240
Total liabilities 49,324 16,475
Commitments and contingencies (Note 16)
Equity:    
Common stock, par $0.0004, 450,000,000 shares authorized, 37,169,420 and 21,900,918 shares issued and outstanding as of September 30, 2024, and December 31, 2023, respectively 15 9
Additional paid-in capital 49,962 44,359
Accumulated deficit (35,071) (49,207)
Total stockholders’ equity (deficit) 14,906 (4,839)
Total liabilities and stockholders’ equity 64,230 11,636
Related Party [Member]    
Current assets:    
Amount due from a related party 23 130
Current liabilities:    
Amounts due to a related party 863
Customers [Member]    
Current liabilities:    
Amounts due to a related party 5,422 167
Advance from customers, noncurrent $ 1,885 $ 2,214