Annual report pursuant to Section 13 and 15(d)

Vehicles, net (Tables)

v3.22.4
Vehicles, net (Tables)
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [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.