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Aeva Technologies Inc
(NYSE:AEVA) 

AEVA stock logo

Founded in 2017 by former Apple engineers Soroush Salehian and Mina Rezk, and led by a multidisciplinary team of engineers and operators, Aeva is building the next-generation of sensing and perception for autonomous vehicles and beyond. Aeva is backed by Adage Capital, Porsche SE, Lux Capital and Ca...

Founded: 2017
CEO / Co-Founder: Soroush Salehian 
Sector: Manufacturing
Industry: Electromedical and Electrotherapeutic Apparatus Manufacturing
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At a glance:
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Income Statements:
Quarterly
Annual
    Unit: USD2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 
                           
      revenue
    		5,621,000 3,579,000 5,511,000 3,368,000 2,696,000 2,250,000 2,012,000 2,107,000 1,611,000 810,000 743,000 1,148,000     1,598,000 3,483,000 2,601,000 308,000    
      yoy
    		108.49% 59.07% 173.91% 59.85% 67.35% 177.78% 170.79% 83.54%                
      qoq
    		57.06% -35.06% 63.63% 24.93% 19.82% 11.83% -4.51% 30.79% 98.89% 9.02% -35.28%      -54.12% 33.91% 744.48%     
      cost of revenue
    		4,301,000 3,149,000 8,231,000 3,058,000 3,525,000 2,971,000 2,860,000 3,499,000 2,483,000 2,525,000 2,661,000 2,529,000     975,750 2,301,000 1,422,000 180,000    
      gross profit
    		-495,000 430,000  310,000       -1,918,000  -3,128,000 -1,391,000 502,000 -238,000 943,000 1,182,000 1,179,000 128,000    
      yoy
    		          -482.07%  -431.71% -217.68% -57.42% -285.94%        
      qoq
    		-215.12%            124.87% -377.09% -310.92% -125.24% -20.22% 0.25% 821.09%     
      gross margin %
    		-8.81% 12.01% 0% 9.20% 0% 0% 0% 0% 0% 0% -258.14% 0% -Infinity% -Infinity% Infinity% -Infinity% 59.01% 33.94% 45.33% 41.56% NaN% NaN% NaN% 
      operating expenses:
    		                       
      research and development expenses
    		18,850,000 22,164,000 22,841,000 21,569,000 24,343,000 27,116,000 26,196,000 25,012,000 26,197,000 23,787,000 27,065,000 25,454,000 32,211,000 26,123,000 25,938,000 25,315,000 23,749,000 20,908,000 18,732,000 11,379,000    
      general and administrative expenses
    		10,018,000 9,624,000 7,969,000 7,217,000 7,729,000 8,456,000 8,663,000 8,411,000 7,741,000 8,474,000 7,713,000 7,833,000 7,428,000 8,093,000 8,677,000 6,872,000 6,766,000 6,739,000 6,685,000 8,217,000    
      selling and marketing expenses
    		1,547,000 1,803,000 1,393,000 1,942,000 1,338,000 1,583,000 1,706,000 2,529,000 2,035,000 1,520,000 1,485,000 2,598,000 1,628,000 2,195,000 1,572,000 1,648,000 2,364,000 922,000 498,000 659,000    
      litigation settlement
    		      11,500,000                 
      total operating expenses
    		30,415,000 33,591,000 32,203,000 30,728,000 33,410,000 37,155,000 48,065,000 35,952,000 35,973,000 33,781,000 36,263,000 35,885,000 41,267,000 36,411,000 36,187,000 33,835,000        
      operating income
    		-29,095,000 -33,161,000 -34,923,000 -30,418,000 -34,239,000 -37,876,000 -48,913,000 -37,344,000 -36,845,000 -35,496,000 -38,181,000 -37,266,000 -44,395,000 -37,802,000 -35,685,000 -34,073,000 -31,936,000 -27,387,000 -24,736,000 -20,127,000    
      yoy
    		-15.02% -12.45% -28.60% -18.55% -7.07% 6.70% 28.11% 0.21% -17.01% -6.10% 6.99% 9.37% 39.01% 38.03% 44.26% 69.29%        
      qoq
    		-12.26% -5.05% 14.81% -11.16% -9.60% -22.56% 30.98% 1.35% 3.80% -7.03% 2.46% -16.06% 17.44% 5.93% 4.73% 6.69% 16.61% 10.72% 22.90%     
      operating margin %
    		-517.61% -926.54% -633.70% -903.15% -1269.99% -1683.38% -2431.06% -1772.38% -2287.09% -4382.22% -5138.76% -3246.17% -Infinity% -Infinity% -Infinity% -Infinity% -1998.50% -786.30% -951.02% -6534.74% NaN% NaN% NaN% 
      interest income
    		727,000 385,000 619,000 1,007,000 1,385,000 1,770,000 2,099,000 2,458,000 2,417,000 2,219,000 2,225,000 2,064,000 1,674,000 1,164,000 586,000 283,000 144,000 119,000 106,000 3,000    
      change in fair value of warrant liability
    		-6,338,500 68,524,000 -88,478,000                     
      fair value gain on settlement of share subscription liability
    		 71,647,000                      
      other income
    		-732,000 166,000 106,000 -5,399,000 -3,266,000 -1,268,000 3,544,000 -439,000 -10,538,000 39,000 1,000 28,000 47,000 135,000 128,000 633,000 50,000 663,000 557,000 666,000 445,665.75 40,515 52,277 
      income before income taxes
    		-29,980,250 107,561,000 -192,672,000 -34,810,000 -28,992,500 -37,374,000 -43,270,000 -35,326,000 -26,091,750 -33,238,000 -35,955,000 -35,174,000 -26,157,750 -36,503,000 -34,971,000 -33,157,000 -31,742,000 -26,605,000 -24,073,000 -19,458,000 -1,887,439 -136,686  
      income tax provision
    		115,000 66,000 70,000 57,000 26,000 22,000 123,000                 
      net income
    		-25,314,000 107,495,000 -192,742,000 -34,867,000 -36,146,000 -37,396,000 -43,393,000 -35,326,000 -44,966,000 -33,238,000 -35,955,000 -35,174,000 -42,674,000 -36,503,000 -34,971,000 -33,157,000 -31,742,000 -26,605,000 -24,073,000 -19,458,000 -1,844,784 -107,982 -205,437 
      yoy
    		-29.97% -387.45% 344.18% -1.30% -19.61% 12.51% 20.69% 0.43% 5.37% -8.94% 2.81% 6.08% 34.44% 37.20% 45.27% 70.40% 1620.64% 24538.37% 11617.95%     
      qoq
    		-123.55% -155.77% 452.79% -3.54% -3.34% -13.82% 22.84% -21.44% 35.28% -7.56% 2.22% -17.58% 16.91% 4.38% 5.47% 4.46% 19.31% 10.52% 23.72% 954.76% 1608.42% -47.44%  
      net income margin %
    		-450.35% 3003.49% -3497.41% -1035.24% -1340.73% -1662.04% -2156.71% -1676.60% -2791.19% -4103.46% -4839.17% -3063.94% -Infinity% -Infinity% -Infinity% -Infinity% -1986.36% -763.85% -925.53% -6317.53% -Infinity% -Infinity% -Infinity% 
      unrealized gain on available-for-sale securities
    		1,000 5,000 2,000  -69,000 352,000 12,000  894,000 915,000 477,000 1,212,000            
      total comprehensive income
    		-30,041,500 107,500,000                      
      net income per share
    		  -3.49 -0.64 -0.67 -0.7 -0.82 -0.67 -0.19 -0.15 -0.16 -0.16 -0.2 -0.17 -0.16 -0.15 -0.15 -0.13 -0.11 -0.12    
      basic
    		-0.538 1.86                      
      diluted
    		-0.538 -0.52                      
      weighted-average shares used for eps calculation
    		57,023,024  55,161,124 54,750,088 53,359,685 53,704,039 52,995,093 52,742,725 227,060,773 222,825,819 220,521,255 219,627,827 217,307,896 217,888,470 216,886,078 216,017,186 200,849,663 212,587,878 211,551,522 163,955,593    
      basic
    		 57,883,326                      
      diluted
    		 61,087,059                      
      gross loss
    		  -2,720,000  -829,000 -721,000 -848,000 -1,392,000 -1,253,500 -1,715,000  -1,381,000            
      fair value loss on share subscription liability
    		  -69,996,000                     
      total comprehensive loss
    		  -192,740,000 -34,921,000 -36,215,000 -37,044,000 -43,381,000 -35,487,000 -44,072,000 -32,323,000 -35,478,000 -33,962,000 -41,578,000 -37,255,000 -35,921,000 -35,612,000 -32,185,000 -26,546,000 -24,184,000 -19,487,000    
      net income per share
    		  -3.49 -0.64 -0.67 -0.7 -0.82 -0.67 -0.19 -0.15 -0.16 -0.16 -0.2 -0.17 -0.16 -0.15 -0.15 -0.13 -0.11 -0.12    
      weighted-average shares used for eps calculation
    		57,023,024  55,161,124 54,750,088 53,359,685 53,704,039 52,995,093 52,742,725 227,060,773 222,825,819 220,521,255 219,627,827 217,307,896 217,888,470 216,886,078 216,017,186 200,849,663 212,587,878 211,551,522 163,955,593    
      unrealized loss on available-for-sale securities, net of tax
    		   -54,000                    
      unrealized gain on available-for-sale securities, net of tax
    		       -161,000                
      revenues:
    		                       
      product
    		            325,500 625,000 466,000 211,000        
      professional service
    		            675,500 749,000 1,027,000 926,000        
      total revenues
    		            1,001,000 1,374,000 1,493,000 1,137,000        
      cost of revenues:
    		                       
      total cost of revenues
    		            1,282,750 2,765,000 991,000 1,375,000        
      income taxes
    		                       
      unrealized loss on available-for-sale securities
    		            1,096,000 -752,000 -950,000 -2,455,000 -443,000 59,000 -111,000 -29,000    
      operating and formation costs
    		                    1,894,735 177,201  
      income from operations
    		                    -1,894,735 -177,201 -312,325 
      other income:
    		                       
      interest earned on marketable securities held in trust account
    		                    7,296 371,760 894,683 
      unrealized loss on marketable securities held in trust account
    		                     -331,245  
      benefit for income taxes
    		                    -60,605 28,704 54,611 
      weighted-average shares outstanding, basic and diluted
    		                     7,357,344 7,347,667 
      basic and diluted net loss per common share
    		                    -0.018 -0.02 -0.04 
      balance – january 1, 2020
    		                    158.5 6,337,500  
      forfeiture of representative shares
    		                    -49,995 -50,000  
      sale of 24,150,000 units, net of underwriting discount and offering expenses
    		                    24,147,585 24,150,000  
      sale of 618,000 private units
    		                    617,939 618,000  
      common stock subject to possible redemption
    		                    -23,504,631 -23,707,833  
      balance – march 31, 2020
    		                    183.75 7,347,667  
      change in value of common stock subject to possible redemption
    		                    0.25 9,677  
      balance – june 30, 2020
    		                    184 7,357,344  
      balance – september 30, 2020
    		                    184 7,364,144  
      operating costs
    		                      312,325 
      unrealized gain on marketable securities held in trust account
    		                      -842,406 
      income before provision for income taxes
    		                      -260,048 
    Balance Sheets:
    Quarterly
    Annual
      Unit: USD2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2020-02-10 
                               
        assets
      		                         
        current assets
      		                         
        cash and cash equivalents
      		72,291,000 45,688,000 21,743,000 21,211,000 28,864,000 30,462,000 23,622,000 29,605,000 38,547,000 40,550,000 34,677,000 31,864,000 67,420,000 117,885,000 83,048,000 62,499,000 66,810,000 107,456,000 156,999,000 469,405,000      
        marketable securities
      		49,608,000 3,200,000 28,106,000 59,785,000 83,143,000 104,355,000 136,560,000 159,723,000 182,481,000 193,141,000 226,533,000 256,542,000 256,392,000 232,927,000 295,876,000 351,988,000 378,200,000 370,214,000 345,525,000 53,472,000      
        accounts receivable
      		3,363,000 1,946,000 3,896,000 775,000 1,187,000 575,000 844,000 978,000 628,000 769,000 868,000 2,445,000 2,887,000 3,387,000 353,000 211,000 2,341,000 1,213,000 1,538,000 245,000      
        inventories
      		5,787,000 4,949,000 3,659,000 3,882,000 2,345,000 2,125,000 2,999,000 2,163,000 2,374,000 2,692,000 2,787,000 3,006,000 2,951,000 1,513,000 1,854,000 1,926,000 2,063,000 3,337,000 1,747,000 1,529,000      
        other current assets
      		22,476,000 10,647,000 10,912,000 6,127,000 7,761,000 7,752,000 8,351,000 4,882,000 5,195,000 5,620,000 5,827,000 4,683,000 5,473,000 9,685,000 12,300,000 8,667,000 9,070,000 8,457,000 6,813,000 2,043,000      
        total current assets
      		153,525,000 66,430,000 68,316,000 91,780,000 123,300,000 145,269,000 172,376,000 197,351,000 229,225,000 242,772,000 270,692,000 298,540,000 335,123,000 365,397,000 393,431,000 425,291,000 458,484,000 490,677,000 512,622,000 526,694,000 12,552 386,601 652,305 821,665  
        operating lease right-of-use assets
      		5,480,000 6,032,000 1,996,000 2,924,000 3,826,000 4,713,000 5,586,000 6,444,000 7,289,000 7,770,000 5,904,000 6,658,000 7,402,000 8,137,000 8,862,000 9,577,000 10,284,000 10,981,000 5,775,000 6,134,000      
        property, plant, and equipment
      		12,845,000    10,332,000    12,114,000    9,720,000    5,136,000         
        intangible assets
      		825,000 1,050,000 1,275,000 1,500,000 1,725,000 1,950,000 2,175,000 2,400,000 2,625,000 2,850,000 3,075,000 3,300,000 3,525,000 3,750,000 3,975,000 4,200,000 4,425,000         
        other noncurrent assets
      		7,026,000 7,013,000 6,809,000 6,006,000 8,306,000 5,815,000 5,815,000 6,062,000 6,132,000 1,067,000 867,000 862,000 862,000 863,000 860,000 860,000 859,000 855,000 360,000 360,000      
        total assets
      		179,701,000 92,795,000 91,149,000 114,549,000 147,489,000 169,136,000 198,107,000 224,809,000 257,385,000 265,658,000 291,726,000 320,049,000 356,632,000 387,523,000 415,648,000 447,207,000 479,188,000 506,268,000 521,268,000 535,469,000 243,142,511 243,509,264 243,894,453 244,011,536  
        liabilities and stockholders’ equity
      		                         
        current liabilities
      		                         
        accounts payable
      		5,885,000 4,413,000 4,793,000 3,965,000 5,453,000 3,010,000 3,824,000 3,424,000 3,602,000 3,306,000 6,000,000 3,857,000 5,182,000 5,883,000 4,501,000 6,645,000 4,386,000 5,156,000 3,257,000 2,576,000      
        accrued liabilities
      		12,063,000 9,786,000 5,809,000 4,585,000 5,710,000 4,632,000 2,936,000 2,639,000 2,648,000 2,772,000 2,325,000 3,856,000 9,063,000 4,045,000 2,677,000 2,671,000 4,110,000 3,987,000 6,976,000 1,840,000      
        accrued employee costs
      		13,945,000 3,573,000 2,445,000 4,712,000 5,783,000 4,456,000 3,044,000 2,443,000 6,043,000 4,860,000 3,516,000 3,414,000 4,721,000 3,586,000 2,166,000 1,109,000 2,196,000 2,335,000 904,000 364,000      
        lease liability, current portion
      		1,488,000 1,543,000 1,824,000 2,634,000 3,039,000 3,385,000 3,783,000 3,681,000 3,587,000 3,347,000 2,463,000 2,535,000 2,667,000 2,797,000 2,925,000 2,929,000 2,872,000 2,816,000 1,342,000 1,293,000      
        other current liabilities
      		2,488,000 1,555,000 13,352,000 16,008,000 19,174,000 18,132,000 19,046,000 4,406,000 2,524,000 444,000 240,000 194,000 194,000 149,000 220,000 234,000 733,000 522,000 309,000 284,000      
        total current liabilities
      		35,869,000 20,870,000 105,719,000 31,904,000 39,159,000 33,615,000 32,633,000 16,593,000 18,404,000 14,729,000 14,544,000 13,856,000 21,827,000 16,460,000 12,489,000 13,588,000 14,297,000 14,816,000 12,788,000 6,357,000 1,326,637  410,246 144,986  
        lease liability, noncurrent portion
      		4,213,000 4,581,000 3,000 175,000 720,000 1,306,000 1,822,000 2,807,000 3,767,000 4,501,000 3,534,000 4,167,000 4,789,000 5,397,000 5,998,000 6,702,000 7,455,000 8,194,000 4,527,000 4,849,000      
        convertible notes
      		96,693,000                         
        warrant liabilities
      		29,711,000        6,772,000                 
        total liabilities
      		166,486,000 59,577,000 209,330,000 45,737,000 48,137,000 39,876,000 38,147,000 26,609,000 28,943,000 19,252,000 18,140,000 18,085,000 26,706,000 21,995,000 18,760,000 20,716,000 22,812,000 24,120,000 19,089,000 13,552,000 1,680,631 202,600 479,807 391,453  
        commitments and contingencies
      		                         
        stockholders’ equity
      		                         
        convertible preferred stock 0.0001 par value...
      		                         
        common stock 0.0001 par value...
      		6,000 6,000 6,000 6,000 6,000 6,000 5,000 5,000 26,000 22,000 22,000 22,000 22,000 22,000 22,000 22,000 21,000 21,000 21,000 21,000      
        additional paid-in capital
      		770,502,000 765,187,000 721,288,000 715,541,000 711,160,000 704,853,000 698,510,000 693,369,000 688,103,000 661,999,000 656,856,000 649,756,000 643,756,000 637,780,000 631,885,000 625,567,000 619,841,000 613,428,000 606,913,000 602,467,000 5,933,074 4,088,311 3,980,324 3,774,888  
        accumulated other comprehensive income
      		-4,000   -7,000 47,000 116,000                    
        accumulated deficit
      		-757,289,000 -731,975,000 -839,470,000 -646,728,000 -611,861,000 -575,715,000 -538,319,000 -494,926,000 -459,600,000 -414,634,000 -381,396,000 -345,441,000 -310,267,000 -267,593,000 -231,090,000 -196,119,000 -162,962,000 -131,220,000 -104,615,000 -80,542,000 -933,821     
        total stockholders’ equity
      		13,215,000    99,352,000    228,442,000    329,926,000    456,376,000    5,000,008 5,000,010 5,000,005 5,000,005  
        total liabilities and stockholders’ equity
      		179,701,000    147,489,000    257,385,000    356,632,000        243,142,511 243,509,264 243,894,453 244,011,536  
        property, plant and equipment
      		 12,270,000 12,753,000 12,339,000  11,389,000 12,155,000 12,552,000  11,199,000 11,188,000 10,689,000  9,376,000 8,520,000 7,279,000  3,755,000 2,511,000 2,281,000      
        liabilities and stockholders' equity
      		                         
        warrant liability
      		 33,611,000 102,136,000 13,658,000 8,258,000 4,955,000 3,692,000 7,209,000  22,000 62,000 62,000 90,000 138,000 273,000 426,000 1,060,000 1,110,000 1,774,000 2,346,000      
        other non-current liability
      		 515,000 1,472,000                       
        accumulated other comprehensive gain
      		  -5,000                       
        total stockholders' equity
      		 33,218,000 -118,181,000 68,812,000  129,260,000 159,960,000 198,200,000  246,406,000 273,586,000 301,964,000  365,528,000 396,888,000 426,491,000  482,148,000 502,179,000 521,917,000      
        total liabilities and stockholders' equity
      		 92,795,000 91,149,000 114,549,000  169,136,000 198,107,000 224,809,000  265,658,000 291,726,000 320,049,000              
        share subscription liability
      		  77,496,000                       
        accumulated other comprehensive loss
      		      -236,000 -248,000 -87,000 -981,000 -1,896,000 -2,373,000 -3,585,000 -4,681,000 -3,929,000 -2,979,000 -524,000 -81,000 -140,000 -29,000      
        preferred stock 0.0001 par value...
      		                         
        liabilities, convertible preferred stock and stockholders' equity
      		                         
        total liabilities, convertible preferred stock and stockholders' equity
      		             387,523,000 415,648,000 447,207,000  506,268,000 521,268,000 535,469,000      
        liabilities, convertible preferred stock, and stockholders’ equity
      		                         
        other noncurrent liabilities
      		                         
        total liabilities, convertible preferred stock and stockholders’ equity
      		                479,188,000         
        other liabilities
      		                         
        cash
      		                    694 324,854 576,317 716,123  
        prepaid expenses and other current assets
      		                    11,858 61,747 75,988 105,542  
        deferred offering costs
      		                         
        marketable securities held in trust account
      		                    243,129,959 243,122,663 243,242,148 243,189,871  
        accrued expenses
      		                    1,286,872 120,180 208,683 65,718  
        income taxes payable
      		                    39,765 82,420 201,563 79,268  
        promissory note – related party
      		                         
        advance from related party
      		                    353,994     
        common stock subject to possible redemption 23,507,001 shares at redemption value at december 31, 2020
      		                    236,461,872     
        preferred stock, 0.0001 par value...
      		                         
        common stock, 0.0001 par value...
      		                    755 736 736 735  
        commitments
      		                         
        common stock subject to possible redemption 23,691,356 shares at redemption value at september 30, 2020
      		                     238,306,654    
        retained earnings/
      		                     910,963 1,018,945 1,224,382  
        current asset
      		                         
        deferred tax liability
      		                      69,561 246,467  
        common stock subject to possible redemption 23,698,156 shares at redemption value at june 30, 2020
      		                      238,414,641   
        common stock subject to possible redemption 23,707,833 shares at redemption value at march 31, 2020
      		                       238,620,078  
      Cashflow Statements:
      Quarterly
      Annual
        Unit: USD2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-03-31 
                              
          cash flows from operating activities:
        		                      
          net loss
        		-25,314,000 107,495,000 -192,742,000 -34,867,000 -36,146,000 -37,396,000 -43,393,000 -35,326,000 -44,966,000 -33,238,000 -35,955,000 -35,174,000 -42,674,000 -36,503,000 -34,971,000 -33,157,000 -31,742,000 -26,605,000 -24,073,000 -19,458,000   
          adjustments to reconcile net loss to net cash from operating activities:
        		                      
          depreciation and amortization
        		1,328,000 1,337,000 1,328,000 1,388,000 1,438,000 1,301,000 1,396,000 1,345,000 1,477,000 1,042,000 1,148,000 955,000 960,000 876,000 799,000 630,000       
          impairment of inventories
        		0 359,000 101,000 33,000 257,000 324,000 94,000 465,000   57,000 45,000 301,000 521,000 75,000 767,000       
          loss of joint development agreement
        		                      
          fair value at issuance of series a warrants
        		                      
          change in fair value of warrant liabilities
        		   5,400,000    437,000               
          stock-based compensation
        		5,315,000 5,940,000 6,024,000 4,564,000 6,578,000 6,505,000 5,364,000 5,261,000 5,522,000 5,149,000 7,041,000 5,963,000 5,889,000 6,140,000 6,434,000 5,784,000 6,192,000 7,523,000 4,009,000 4,513,000   
          amortization of right-of-use assets
        		552,000 724,000 928,000 902,000 887,000 873,000 858,000 845,000 830,000 780,000 754,000 744,000 735,000 725,000 715,000 707,000 697,000 622,000 359,000 223,000   
          amortization of premium and accretion of discount on available-for-sale securities
        		-143,000 -112,000 -318,000 -477,000 -605,000 -836,000 -1,009,000 -1,087,000 -871,000 -682,000 -788,000 -632,000           
          other
        		    265,000 180,000                 
          changes in operating assets and liabilities:
        		                      
          accounts receivable
        		-1,778,000 1,950,000 -3,121,000 412,000 -612,000 269,000 134,000 -350,000 141,000 99,000 1,577,000 442,000 500,000 -3,034,000 -142,000 2,130,000 -1,128,000 325,000 -1,293,000 -104,000   
          inventories
        		-839,000 -1,649,000 122,000 -1,570,000 -477,000 550,000 -933,000 -251,000 264,000 28,000 161,000 -100,000 -1,972,000 -284,000 16,000 -312,000 1,274,000 -1,590,000 -218,000 -310,000   
          other current assets
        		-11,829,000 265,000 1,215,000 1,634,000 -9,000 599,000 -3,468,000 312,000 426,000 205,000 -1,142,000 790,000 4,249,000 2,615,000 -3,633,000 403,000 -612,000 -1,645,000 -4,770,000 -258,000   
          other noncurrent assets
        		-13,000 -204,000 697,000 -192,000 1,000 0 247,000 70,000 -66,000 -199,000   1,000 -3,000 0 -1,000 -4,000 -495,000 0 -296,000   
          accounts payable
        		1,007,000 268,000 675,000 -2,454,000 2,398,000 -762,000 288,000 -89,000 810,000 -2,487,000 1,834,000 -1,749,000 -464,000 2,110,000 -2,249,000 1,890,000 -608,000 1,370,000 941,000 964,000   
          accrued liabilities
        		2,677,000 3,577,000 -2,562,000 -378,000 349,000 1,697,000 298,000 -10,000 -124,000 447,000 -1,531,000 -5,207,000 5,409,000 1,332,000 865,000 -2,653,000 -141,000 -2,989,000 5,460,000 872,000   
          accrued employee costs
        		10,372,000 1,127,000 -2,266,000 -1,071,000 1,366,000 1,373,000 601,000 -3,600,000 1,183,000 1,344,000 102,000 -1,307,000 1,242,000 1,313,000 1,302,000 -1,332,000 703,000 589,000 540,000 -358,000   
          lease liability
        		-424,000 -462,000 -982,000 -950,000 -932,000 -914,000 -883,000 -866,000 -844,000 -794,000 -705,000 -754,000 -738,000 -729,000 -708,000 -696,000 -684,000 -687,000 -273,000 -141,000   
          other current liabilities
        		933,000 -13,450,000 -2,654,000 -3,166,000 1,041,000 -914,000 14,640,000 1,882,000 2,080,000 205,000   44,000 -71,000 -13,000 -499,000 211,000 213,000 25,000 9,000   
          net cash from operating activities
        		-22,149,000 -32,312,000 -29,824,000 -30,792,000 -20,898,000 -25,888,000 -29,165,000 -30,962,000 -27,334,000 -28,073,000 -27,407,000 -36,012,000 -26,818,000 -25,122,000 -31,433,000 -26,538,000 -24,948,000 -23,165,000 -19,195,000 -14,797,000 -678,154  
          capital expenditures
        		167,000 -1,920,000 -1,215,000 596,000 774,000 -594,000 -779,000  0 -1,035,000 -804,000 -772,000 0 -2,683,000 -3,363,000 -18,000 0 -510,000 -584,000 -454,000 0  
          free cash flows
        		-21,982,000 -34,232,000 -31,039,000 -30,196,000 -20,124,000 -26,482,000 -29,944,000  -27,334,000 -29,108,000 -28,211,000 -36,784,000 -26,818,000 -27,805,000 -34,796,000 -26,556,000 -24,948,000 -23,675,000 -19,779,000 -15,251,000 -678,154  
          cash flows from investing activities:
        		                      
          purchase of property, plant, and equipment
        		                      
          purchase of non-marketable equity investments
        		                      
          purchase of available-for-sale securities
        		-49,466,000 -2,179,000 -7,400,000 -15,969,000 -17,132,000 -10,776,000 -13,191,000 -38,881,000 -54,722,000 -23,516,000 -19,606,000 -54,520,000 -66,467,000 -4,016,000 -57,430,000 -82,284,000 -117,568,000 -88,153,000 -312,703,000 -53,501,000   
          proceeds from maturities of available-for-sale securities
        		3,200,000 27,200,000 39,399,000 39,750,000 38,880,000 44,168,000 37,375,000 62,565,000 67,148,000 58,503,000 50,880,000 56,214,000 44,350,000 66,208,000 112,361,000 105,607,000 108,600,000 42,857,000     
          net cash from investing activities
        		-47,776,000 23,747,000 30,633,000 23,322,000 19,610,000 32,850,000 23,405,000 22,036,000 4,745,000 33,952,000 30,161,000 419,000 -23,589,000 60,097,000 52,342,000 22,040,000 -15,076,000 -26,213,000 -293,113,000 -54,170,000 0  
          cash flows from financing activities:
        		                      
          proceeds from issuance of stock in private placement
        		0                      
          transaction costs related to issuance of stock in private placement
        		                      
          proceeds from convertible notes
        		                      
          transaction costs related to issuance of convertible notes
        		                      
          payments of taxes withheld on net settled vesting of restricted stock units
        		0 0 -395,000 -183,000 -314,000 -145,000 -238,000 -55,000 -137,000 -42,000 0 -20,000 -107,000 -195,000   -843,000      
          proceeds from exercise of stock options
        		0 10,000   4,000 23,000 15,000 39,000 86,000 36,000 59,000 57,000 49,000 57,000 58,000 186,000 221,000 330,000 162,000 198,000   
          net cash from financing activities
        		96,528,000 32,510,000 -277,000 -183,000 -310,000 -122,000 -223,000 -16,000 20,586,000 -6,000 59,000 37,000 -58,000 -138,000 -360,000 187,000 -622,000 -165,000 -97,000 513,747,000 353,994  
          net increase in cash and cash equivalents
        		26,603,000        -2,003,000 5,873,000   -50,465,000 34,837,000 20,549,000 -4,311,000 -40,646,000 -49,543,000 -312,406,000 444,781,000   
          beginning cash and cash equivalents
        		0 0 0 28,864,000 0 0 0 38,547,000 0 0 0 67,420,000 0 0 0 66,810,000 0 0 0 24,624,000   
          ending cash and cash equivalents
        		26,603,000 23,945,000 532,000 21,211,000 -1,598,000 6,840,000 -5,983,000 29,605,000 -2,003,000 5,873,000 2,813,000 31,864,000 -50,465,000 34,837,000 20,549,000 62,499,000 -40,646,000 -49,543,000 -312,406,000 469,405,000   
          supplemental disclosures of cash flow information:
        		                      
          cash paid for interest
        		                      
          cash paid for income taxes
        		48,000 53,000 38,000 35,000 49,000 50,000                 
          supplemental disclosure of noncash investing and financing activities:
        		                      
          unpaid property, plant and equipment purchases
        		167,000 -646,000 151,000 1,055,000 774,000 -52,000     309,000 503,000           
          joint development contract assets
        		                      
          convertible debt issuance cost included in accounts payable
        		                      
          right-of-use asset obtained in exchange for lease liability
        		0        349,000        0 5,823,000 0 4,692,000   
          loss on joint development agreement
        		 0                     
          change in fair value of warrant liability
        		 -68,524,000    1,263,000    -40,000 0 -28,000 -48,000 -135,000 -153,000 -634,000 -50,000 -664,000 -572,000 -668,000   
          other noncurrent liability
        		 -957,000                     
          purchase of property, plant and equipment
        		 -1,274,000 -1,366,000 -459,000  -542,000 -779,000 -1,648,000  -1,035,000 -1,113,000 -1,275,000  -2,095,000 -2,589,000 -1,283,000  -1,039,000 -533,000 -669,000   
          supplemental disclosures of non-cash investing and financing activities:
        		                      
          joint development agreement receivable
        		 0                     
          private placement shares offering cost included in accrued liabilities
        		                      
          taxes withheld on net settled vesting of restricted stock units
        		               244,000       
          fair value loss on share subscription liability
        		                      
          net decrease in cash and cash equivalents
        		  532,000 -7,653,000  6,840,000 -5,983,000 -8,942,000    -35,556,000           
          share subscription liability
        		                      
          realized loss on available-for-sale securities
        		            0 0         
          proceeds from exercise of warrants
        		            0 0 0 1,000       
          loss on write down of fixed assets
        		                0      
          proceeds from sale of available-for-sale securities
        		                1,000      
          purchase of intangible assets
        		                      
          proceeds from business combination and private offering
        		                0 0 0 560,777,000   
          transaction costs related to business combination and private offering
        		                0 0 -259,000 -47,228,000   
          private placement of warrants acquired as part of merger
        		                0 0 0 3,014,000   
          non-cash lease adoption
        		                0 6,000 0 1,665,000   
          inventory reserve
        		                      
          purchases of property and equipment recorded in accounts payable and accrued liabilities
        		                      
          amortization of premium on available-for-sale securities
        		            -252,000 5,000 201,000 435,000 538,000 544,000     
          other noncurrent liabilities
        		                      
          changes in purchases of property and equipment recorded in accounts payable and accrued liabilities
        		             -588,000 -774,000 1,265,000  529,000 -51,000 215,000   
          offering costs included in accounts payable and accrued liabilities
        		                   534,000   
          proceeds from the issuance of series b preferred stock
        		                      
          financing costs incurred
        		                      
          changes in purchases of property, plant and equipment recorded in accounts payable
        		                      
          depreciation
        		                 272,000 254,000 215,000   
          net income
        		                    -1,844,784 1,225,382 
          adjustments to reconcile net income to net cash from operating activities:
        		                      
          interest earned on marketable securities held in trust account
        		                    -7,296  
          prepaid expenses and other current assets
        		                    49,889  
          accrued expenses
        		                    1,166,692  
          income taxes payable
        		                    -42,655  
          investment of cash in trust account
        		                    0  
          cash withdrawn from trust account to pay for franchise and income taxes
        		                    0  
          proceeds from sale of units, net of underwriting discounts paid
        		                    0  
          proceeds from sale of private units
        		                    0  
          proceeds from promissory note – related party
        		                    0  
          repayment of promissory note – related party
        		                    0  
          proceeds from advance from related party
        		                      
          payment of offering costs
        		                    0  
          net change in cash
        		                    -324,160  
          cash – beginning of period
        		                      
          cash – end of period
        		                    -324,160  
          non-cash investing and financing activities:
        		                      
          issuance of representative shares
        		                      
          deferred offering costs paid directly by sponsor from proceeds from issuance of common stock to sponsor
        		                      
          initial classification of common stock subject to possible redemption
        		                    0  
          change in value of common stock subject to possible redemption
        		                    -1,844,782  
          forfeiture of representative shares
        		                      
          common stock subject to possible redemption
        		                      
          numerator: earnings allocable to common stock subject to possible redemption
        		                      
          less: interest available to be withdrawn for payment of taxes
        		                      
          denominator: weighted-average common stock subject to possible redemption
        		                      
          basic and diluted weighted-average shares outstanding, common stock subject to possible redemption
        		                      
          basic and diluted net income per share, common stock subject to possible redemption
        		                      
          non-redeemable common stock
        		                      
          numerator: net income minus net earnings
        		                      
          less: net income allocable to common stock subject to possible redemption
        		                      
          non-redeemable net income
        		                      
          denominator: weighted-average non-redeemable common stock
        		                      
          basic and diluted weighted-average shares outstanding, common stock
        		                      
          basic and diluted net income per share, common stock
        		                      
          less: income attributable to common stock subject to possible redemption
        		                     -1,299,168 
          adjusted net income
        		                     -73,786 
          weighted-average shares outstanding, basic and diluted
        		                     6,780,707 
          basic and diluted net income per common share
        		                     -0.01