Annual report pursuant to Section 13 and 15(d)

Basis of Presentation and Summary of Significant Accounting Policies (Tables)

v3.22.4
Basis of Presentation and Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
Schedule of Property, Plant and Equipment
Estimated Useful Life
Computer hardware, software, and equipment
One – five years
Furniture and fixtures Three years
Leasehold improvements Shorter of estimated useful life or lease term
The Company’s property and equipment, net consists of the following (in thousands):

  December 31,
  2022 2021
Computer hardware, software, and equipment $ 1,813  $ 2,438 
Leasehold improvements 1,584  1,354 
Furniture and fixtures 1,630  2,231 
Less: Accumulated depreciation (4,415) (4,497)
Total property and equipment, net $ 612  $ 1,526 
The Company’s vehicles, net consists of the following (in thousands):
 
  December 31,
  2022 2021
Deployed vehicles $ 134,202  $ 93,192 
Undeployed vehicles 31,900  46,867 
Spare parts 28,476  10,009 
Less: Accumulated depreciation(1)
(94,490) (31,119)
Total vehicles, net $ 100,088  $ 118,949 

(1)Includes $54.3 million of impairment of vehicles and spare parts, net of assets no longer in service and consumption of spare parts of $7.8 million, for the year ended December 31, 2022. There was no impairment recorded during the year ended December 31, 2021.