Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.22.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 35,026 $ 128,556
Restricted cash and cash equivalents—current 33,834 30,142
Accounts receivable, net 9,885 8,397
Inventory, net 23,262 28,242
Prepaid expenses and other current assets 58,052 33,778
Total current assets 160,059 229,115
Restricted cash and cash equivalents—non current 1,487 1,203
Vehicle deposits 104,313 117,071
Goodwill 118,911 121,169
Other assets 7,780 8,228
Total assets 567,049 597,261
Current liabilities:    
Accounts payable 8,294 5,002
Accrued expenses 34,471 31,428
Deferred revenue 42,757 43,345
Notes payable 68,607 49,094
Other current liabilities 5,978 5,089
Total current liabilities 160,107 133,958
Derivative liabilities 27,549 136,196
Other liabilities 5,720 6,282
Total liabilities 193,376 276,436
Commitments and contingencies
Stockholders’ Equity    
Class A common stock, $0.0001 par value, 1,000,000,000 shares authorized, and 240,141,898 and 238,089,017 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively, and Class X common stock, $0.0001 par value, 50,000,000 shares authorized, 34,534,930 shares issued and outstanding as of March 31, 2022 and December 31, 2021 27 27
Additional paid-in capital 1,522,270 1,475,300
Accumulated other comprehensive income 3,065 7,538
Accumulated deficit (1,151,689) (1,162,040)
Total stockholders’ equity 373,673 320,825
Total liabilities, redeemable convertible preferred stock, and stockholders’ equity 567,049 597,261
Property and equipment, net    
Current assets:    
Property and equipment, net 1,315 1,526
Vehicles, net    
Current assets:    
Property and equipment, net $ 173,184 $ 118,949