General form of registration statement for all companies including face-amount certificate companies

Condensed Consolidated Statements of Cash Flows

v3.22.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities          
Net income (loss) $ 10,351 $ (76,200) $ (196,333) $ (208,230) $ (387,482)
Adjustments to reconcile net loss to net cash used in operating activities:          
Expensed transaction costs and mark-to-market adjustments of derivative liabilities     (37,811)    
Issuance of and mark-to-market adjustments of derivative liabilities (108,646) 31,504      
Depreciation and amortization 9,512 6,087 51,592 32,495 116,953
Non cash vehicle expenses 2,557 1,383 7,233 11,998 18,082
Share-based compensation expense 48,704 1,485 86,631 6,174 30,738
Amortization of debt issuance costs and discounts 352 808      
Debt discount accretion     1,695 2,635 1,296
Bad debt expense 20 502 2,766 463 2,135
Loss on extinguishment of debt     2,304   1,514
Loss on disposal of property and equipment     156 3,407  
Other 278 (331) 392 (300) (614)
Changes in assets and liabilities, net of impact of business acquisitions and disposals:          
Accounts receivable (1,509) 243 (8,372) (662) (4,553)
Inventory 3,323 3,015 (9,331) (901) (4,361)
Prepaid expenses and other current assets (13,814) (2,397) (24,176) 7,095 (6,580)
Other assets 63 15 200 (162) 145
Accounts payable 3,329 (2,431) (7,485) (15,096) (15,514)
Deferred revenue (474) 1,378 16 6,203 30,341
Accrued expenses and other current liabilities 3,952 (1,459) 2,335 6,454 2,994
Other liabilities (563) 61 (3,439) (1,724) 5,529
Net cash used in operating activities (42,565) (36,337) (131,627) (150,151) (209,377)
Cash flows from investing activities          
Purchases of property and equipment (251) (66) (846) (500) (7,179)
Purchases of vehicles (63,364) (12,117) (214,852) (11,862) (101,381)
Net cash acquired in acquisitions     0 68,664 (171)
Net cash (used in) provided by investing activities (63,615) (12,183) (215,698) 56,302 (108,731)
Cash flows from financing activities          
Proceeds from Business Combination and PIPE financing     249,610    
Transaction costs paid in connection with Business Combination and PIPE financing     (25,946)    
Proceeds from issuance of debt, net of issuance costs 23,716 0 52,680 0 69,787
Proceeds from issuance of redeemable convertible preferred stock, net of issuance costs 0 187,781   51,711 271,943
Proceeds from issuance of redeemable convertible senior preferred stock and derivatives, net of issuance costs     207,814    
Payment for taxes related to net share settlement (1,903) 0      
Proceeds from issuance of common stock 169 435 423 933 1,219
Payment for settlement of warrants     (600) (2,002) (3,000)
Payment for settlement of debt (4,353) 0 (40,610) (18,776) (21,337)
Net cash provided by financing activities 17,629 188,216 443,371 31,866 318,612
Effect of exchange rate changes on cash and cash equivalents and restricted cash and cash equivalents (1,003) 5,360 10,088 (3,590) (1,049)
Net increase (decrease) in cash and cash equivalents and restricted cash and cash equivalents (89,554) 145,056 106,134 (65,573) (545)
Beginning of period 159,901 53,767 53,767 119,340 119,885
End of period 70,347 198,823 159,901 53,767 119,340
Non-cash activities:          
Conversion of redeemable convertible preferred stock to common stock in connection with the Business Combination     1,300,121    
Transaction costs not yet paid     6,563    
Fair Value of net assets acquired in non cash acquisition       190,000  
Conversion of convertible debt to redeemable convertible preferred stock in acquisition         8,271
Supplemental disclosures of cash flow information          
Interest     695 4,278 3,271
Income taxes     263 214 916
Cash and Cash Equivalents [Member]          
Cash flows from financing activities          
Beginning of period 128,556 43,158 43,158 109,160  
End of period 35,026 182,134 128,556 43,158 109,160
Restricted Cash [Member]          
Cash flows from financing activities          
Beginning of period 31,345 10,609 10,609 10,180  
End of period $ 35,321 $ 16,689 $ 31,345 $ 10,609 $ 10,180