Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 57,140 $ 128,556
Restricted cash and cash equivalents—current 46,398 30,142
Accounts receivable, net 4,704 8,397
Inventory, net 5,475 28,242
Prepaid expenses and other current assets 27,825 33,778
Total current assets 141,542 229,115
Restricted cash and cash equivalents—non current 1,566 1,203
Vehicle deposits 61,516 117,071
Goodwill 0 121,169
Other assets 8,125 9,754
Total assets 331,319 597,261
Current liabilities:    
Accounts payable 16,881 5,002
Accrued expenses 42,199 31,428
Deferred revenue 37,576 43,345
Notes payable 124,786 49,094
Other current liabilities 8,659 5,089
Total current liabilities 230,101 133,958
Derivative liabilities 1,260 136,196
Other liabilities 4,579 6,282
Total liabilities 235,940 276,436
Commitments and contingencies
Stockholders’ Equity    
Class A common stock, $0.0001 par value, 1,000,000,000 shares authorized, and 245,910,621 and 238,089,017 shares issued and outstanding as of June 30, 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 June 30, 2022 and December 31, 2021 28 27
Additional paid-in capital 1,565,957 1,475,300
Accumulated other comprehensive (loss) income (8,498) 7,538
Accumulated deficit (1,462,108) (1,162,040)
Total stockholders’ equity 95,379 320,825
Total liabilities and stockholders’ equity 331,319 597,261
Vehicles, net    
Current assets:    
Vehicles, net $ 118,570 $ 118,949