Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.22.2.2
Segment Information (Tables)
 6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following tables provides information about the Company’s segments and a reconciliation of the total segment gross margin to loss before income taxes (in thousands):
Three Months Ended June 30,
2022 2021
North America EMEA Other
Total
Segments
North America EMEA Other
Total
Segments
Revenues:
Sharing $ 54,834  17,500  61  72,395  $ 44,514  12,124  —  56,638 
Product sales 3,967  300  —  4,267  $ 2,631  775  —  3,406 
Total revenues 58,801  17,800  61  76,662  47,145  12,899  —  60,044 
Cost of revenues:
Cost of sharing, exclusive of depreciation 25,015  9,040  31  34,086  24,141  5,190  —  29,331 
Depreciation on sharing vehicles 9,117  9,290  17  18,424  5,061  6,480  —  11,541 
Cost of product sales 5,490  238  —  5,728  2,717  716  —  3,433 
Impairment of product sales inventory 31,769  —  —  31,769  —  —  —  — 
Total cost of revenues $ 71,391  $ 18,568  $ 48  $ 90,007  $ 31,919  $ 12,386  $ —  $ 44,305 
Gross margin:
Sharing 20,702  (830) 13  19,885  15,312  454  —  15,766 
Product sales (33,292) 62  —  (33,230) (86) 59  —  (27)
Total gross margin (12,590) (768) 13  (13,345) 15,226  513  —  15,739 
Reconciling items:
Total expenses $ 296,990  $ 59,315 
Loss before income taxes $ (310,335) $ (43,576)
Six Months Ended June 30,
2022 2021
North America EMEA Other Total
 Segments		 North America EMEA Other Total
 Segments
Revenues:
Sharing $ 79,826  25,979  167  105,972  $ 62,681  15,606  —  78,287 
Product sales 8,201  467  —  8,668  $ 6,462  965  —  7,427 
Total revenues 88,027  26,446  167  114,640  69,143  16,571  —  85,714 
Cost of revenues:
Cost of sharing, exclusive of depreciation 38,809  16,591  72  55,472  36,672  7,057  —  43,729 
Depreciation on sharing vehicles 13,821  13,503  40  27,364  7,414  9,144  —  16,558 
Cost of product sales 9,668  289  —  9,957  6,784  864  —  7,648 
Impairment of product sales inventory 31,769  —  —  31,769  —  —  —  — 
Total cost of revenues $ 94,067  $ 30,383  $ 112  $ 124,562  $ 50,870  $ 17,065  $ —  $ 67,935 
Gross margin:
Sharing 27,196  (4,115) 55  23,136  18,595  (595) —  18,000 
Product sales (33,236) 178  —  (33,058) (322) 101  —  (221)
Total gross margin (6,040) (3,937) 55  (9,922) 18,273  (494) —  17,779 
Reconciling items:
Total expenses $ 290,025  $ 137,535 
Loss before income taxes $ (299,947) $ (119,756)