XML 34 R14.htm IDEA: XBRL DOCUMENT v3.21.2
Revenue
9 Months Ended
Sep. 30, 2021
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
The following table summarizes the Company’s revenues disaggregated by revenue source, geography (based on the Company’s business locations,) and timing of revenue recognition (in thousands):
Three Months EndedNine Months Ended
September 30,
2021
September 30,
2020
September 30,
2021
September 30,
2020
Geographic Markets
Malaysia$18 $33 $65 $42 
USA17,984 480 69,873 908 
PRC9,045 10,107 17,894 14,740 
Total$27,047 $10,620 $87,832 $15,690 
Product or Service
Electric vehicles$9,236 $8,872 $18,322 $9,622 
Charging, batteries and powertrains2,292 — 6,850 — 
Title and escrow services15,519 — 62,429 — 
Combustion engine vehicles— 1,268 — 5,160 
Digital advertising services and other— 480 231 908 
Total$27,047 $10,620 $87,832 $15,690 
Timing of Revenue Recognition
Products and services transferred at a point in time$25,526 $10,620 $84,546 $15,690 
Services provided over time1,521 — 3,286 — 
Total$27,047 $10,620 $87,832 $15,690 
In the three and nine months ended September 30, 2021, the Company recognized revenue of $0.6 million and $0.6 million recorded in deferred revenue as of the beginning of the period.