Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 38,529 $ 128,556
Restricted cash and cash equivalents—current 48,733 30,142
Accounts receivable, net 5,582 8,397
Inventory, net 2,167 28,242
Prepaid expenses and other current assets 22,137 33,778
Total current assets 117,148 229,115
Restricted cash and cash equivalents—non current 450 1,203
Vehicle deposits 60,705 117,071
Goodwill 0 121,169
Other assets 7,377 9,754
Total assets 294,018 597,261
Current liabilities:    
Accounts payable 15,987 5,002
Accrued expenses 35,217 31,428
Deferred revenue 74,608 62,439
Notes payable 103,634 49,094
Other current liabilities 8,830 5,089
Total current liabilities 238,276 153,052
Derivative liabilities 3,616 136,196
Other liabilities 8,453 6,282
Total liabilities 250,345 295,530
Commitments and contingencies (Note 11)
Stockholders’ Equity    
Class A common stock, $0.0001 par value, 1,000,000,000 shares authorized, and 257,123,608 and 238,089,017 shares issued and outstanding as of September 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 September 30, 2022 and December 31, 2021 29 27
Additional paid-in capital 1,558,790 1,475,300
Accumulated other comprehensive (loss) income (11,678) 7,538
Accumulated deficit (1,503,468) (1,181,134)
Total stockholders’ equity 43,673 301,731
Total liabilities and stockholders’ equity 294,018 597,261
Vehicles, net    
Current assets:    
Vehicles, net $ 108,338 $ 118,949