7Baggers
Quarterly
Annual
    Unit: USD2024-12-31 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 2019-09-30 2019-06-30 2019-03-31 
      
    		                       
      cash flows from operating activities
    		                       
      net income
    		-477,052,000 -199,781,000 -133,674,000 -147,722,000 -153,596,000 -425,764,000 -217,828,000 -169,094,000 -222,066,000 -236,234,000 -172,997,000 -152,941,000 -159,416,000 -267,567,000 -143,231,000 -120,224,000 -147,039,000 -117,469,000 -119,681,460 -124,540 760,031 887,754 809,791 
      less: income from discontinued operations
    		    0 0                  
      income from continuing operations
    		-477,052,000 -199,781,000 -133,674,000 -147,722,000 -153,596,000 -425,764,000                  
      adjustments to reconcile net income from continuing operations to net cash from operating activities:
    		                       
      depreciation and amortization
    		12,610,000 11,720,000 11,092,000 10,596,000 7,132,000 16,996,000 4,710,000 7,052,000 6,828,000 6,796,000 6,565,000 3,111,000 2,272,000 2,249,000 1,905,000 1,805,000 1,753,000 1,443,000      
      stock-based compensation
    		6,632,000 8,601,000 7,950,000 8,786,000 6,475,000 18,659,000 25,709,000 24,548,000 44,191,000 102,845,000 54,841,000 53,528,000 53,728,000 49,047,000 52,670,000 50,266,000 46,255,000 52,196,000      
      equity in net income of affiliates
    		765,000 -173,000 881,000 157,000 131,000 262,000 7,617,000 8,408,000 14,591,000 1,984,000 1,270,000 2,820,000 513,000 1,147,000          
      revaluation of financial instruments
    		3,812,000 8,431,000 -2,973,000 826,000 10,457,000 187,226,000 8,137,000 -231,000 -51,000 -286,000              
      revaluation of contingent stock consideration
    		    0 -41,509,000                  
      inventory write-downs
    		31,390,000 19,011,000 17,532,000 20,044,000 6,718,000 51,782,000 10,279,000 2,439,000 4,441,000 5,727,000 7,417,000 3,473,000            
      impairment expense
    		303,339,000                       
      inducement expense
    		                       
      non-cash interest expense
    		7,594,000 4,071,000 4,210,000 3,625,000 6,355,000 53,483,000 9,355,000 10,008,000 6,591,000 6,433,000              
      loss on supplier deposits
    		    10,401,000 716,000                  
      gain on divestiture of affiliate
    		    0 0                  
      loss on debt extinguishment
    		2,820,000 871,000   10,663,000 0                  
      net incomees on asset sales and disposals
    		                       
      other non-cash activity
    		186,000 1,994,000 809,000 2,871,000 455,000 2,873,000 -83,000 1,098,000 1,118,000 203,000 599,000 -326,000            
      changes in operating assets and liabilities:
    		                       
      accounts receivable
    		18,392,000 -11,933,000 -15,974,000 -5,892,000 -7,267,000 9,292,000 7,611,000 4,029,000 6,153,000 -20,936,000 -15,387,000 -1,339,000     137,000 175,000      
      inventory
    		-28,319,000 -32,953,000 -20,344,000 -17,788,000 -13,773,000 -21,708,000 14,597,000 -2,872,000 -22,954,000 -37,484,000 -38,064,000 -22,404,000 -13,768,000 -1,377,000          
      prepaid expenses and other current assets
    		8,548,000 6,012,000 -9,732,000 -10,297,000 3,600,000 251,000 -40,014,000 -8,569,000 1,865,000 2,260,000 2,079,000 -14,710,000 -3,877,000 -3,066,000 -2,266,000 -1,758,000 -1,252,000 870,000      
      long-term deposits
    		99,000 16,000   0 -84,000   4,050,000 -75,000      -4,161,000        
      other assets
    		192,000 -633,000 -573,000 -389,000 854,000 -343,000 -112,000 -1,929,000 103,000 -304,000 -304,000 -304,000            
      accounts payable, accrued expenses and other current liabilities
    		-25,422,000 -9,712,000 -5,585,000 11,819,000 -12,941,000 57,802,000 -3,958,000 -55,516,000 9,107,000 9,733,000 17,526,000 -2,131,000 -51,016,000 137,625,000 7,452,000 2,083,000 10,266,000       
      operating lease liabilities
    		-854,000 -1,030,000 -976,000 -763,000 -818,000 -412,000 -169,000 -610,000 -458,000 -139,000 -200,000 -77,000            
      other long-term liabilities
    		-1,870,000 12,929,000 10,299,000 5,836,000 7,400,000 -781,000 1,819,000 1,278,000 1,244,000 1,829,000 233,000 -457,000 49,302,000           
      net cash from operating activities
    		-121,971,000 -149,377,000 -134,553,000 -115,603,000 -117,754,000 -91,259,000 -107,204,000 -179,961,000 -145,247,000 -157,648,000 -142,488,000 -131,323,000 -111,785,000 -69,395,000 -66,725,000 -59,249,000 -65,631,000 -39,117,000 -45,248,778 -536,222    
      capex
    		-2,128,000 1,199,000 0 0 2,532,000 -6,234,000 0 0 0 0 0 0 0 0 6,281,000 27,108,000 0 -1,998,000 0 0    
      free cash flows
    		-124,099,000 -148,178,000 -134,553,000 -115,603,000 -115,222,000 -97,493,000 -107,204,000 -179,961,000 -145,247,000 -157,648,000 -142,488,000 -131,323,000 -111,785,000 -69,395,000 -60,444,000 -32,141,000 -65,631,000 -41,115,000 -45,248,778 -536,222    
      cash flows from investing activities
    		                       
      purchases and deposits for property, plant and equipment
    		                       
      divestiture of affiliates
    		                       
      proceeds from the sale of assets
    		408,000 0 0 21,398,000 0                   
      payments to assignee
    		    0 -1,000                  
      investments in affiliates
    		    0 -166,000   0 0 -19,679,000 -3,348,000 0 0          
      net cash from investing activities
    		-2,867,000 -13,558,000 -13,724,000 4,940,000 -11,107,000 -115,000 -3,238,000 -52,289,000 -51,306,000 -79,600,000 -56,889,000 -33,454,000 -69,001,000 -48,893,000 -65,066,000 -24,521,000 -15,946,000 -8,892,000 -245,183,000 238,880,000 474,627   
      cash flows from financing activities
    		                       
      proceeds from issuance of common stock under equity distribution agreements, net of commissions and other fees paid
    		                       
      proceeds from issuances of convertible debt instruments, net of discount and issuance costs
    		                       
      proceeds from insurance premium financing
    		1,188,000 0   0 1,314,000   0               
      proceeds from public offerings, net of underwriter's discount
    		                       
      proceeds from issuance of shares under the tumim purchase agreements
    		    0 0 2,874,000 64,713,000  0 96,296,000 27,376,000            
      proceeds from registered direct offering, net of underwriter's discount
    		    -210,000                   
      proceeds from the exercise of stock options
    		    2,000 6,353,000 636,000 404,000 5,222,000 1,080,000 257,000 308,000 591,000 355,000 1,213,000 2,626,000 7,446,000 320,000      
      proceeds from issuance of financing obligations, net of issuance costs
    		                       
      repayment of senior convertible notes
    		                       
      payments on finance lease liabilities and financing obligation
    		  -1,288,000 -1,276,000 -856,000 -204,000 235,000 -490,000 -248,000 -74,000              
      payments on insurance premium financing
    		-1,439,000 -1,808,000 0 -1,853,000 -1,819,000 -1,169,000 -382,000 -1,999,000 -2,003,000               
      payment for coupon make-whole premiums
    		                       
      repayments of collateralized promissory notes
    		                       
      other financing activities
    		                       
      net cash from financing activities
    		28,689,000 98,080,000 52,646,000 -5,055,000 230,726,000 188,119,000 208,530,000 115,608,000 115,727,000 111,814,000 343,483,000 27,654,000 116,041,000 72,580,000 735,000 -1,758,000 8,373,000 263,209,000 669,116,000 422,000    
      net increase in cash and cash equivalents and restricted cash and cash equivalents
    		                       
      cash and cash equivalents, including restricted cash and cash equivalents, beginning of period
    		0 0 0 493,965,000 0 0 -9,055,000 322,964,000                
      cash and cash equivalents, including restricted cash and cash equivalents, end of period
    		-96,149,000 -64,855,000 -95,631,000 378,247,000 101,865,000 96,745,000 89,033,000 206,322,000                
      cash flows from discontinued operations:
    		                       
      operating activities
    		    0 0                  
      investing activities
    		    0 0                  
      financing activities
    		    0 0                  
      net cash from discontinued operations
    		    0 0                  
      supplemental cash flow disclosures:
    		                       
      cash paid for interest
    		4,195,000 8,518,000   2,766,000 2,680,000         185,000 187,000 267,000 192,000      
      cash interest received
    		1,635,000 2,973,000   4,369,000 3,558,000         125,000 259,000 -184,000 408,000      
      supplemental noncash investing and financing activities:
    		                       
      conversion of toggle convertible notes
    		                       
      conversion of senior convertible notes into common stock
    		30,362,000    0                   
      conversion of 8.25% convertible notes
    		-1,000 75,000                      
      leased assets obtained in exchange for new finance lease liabilities
    		12,311,000 0   21,838,000                   
      toggle convertible notes issued for paid in kind interest
    		                       
      purchases of property, plant and equipment included in liabilities
    		-2,128,000 1,199,000   2,532,000 -6,234,000         6,281,000 27,108,000        
      accrued commissions under equity distribution agreement
    		278,000 536,000   -1,065,000 323,000                  
      accrued pik interest
    		                       
      reclassification of conversion features embedded in toggle convertible notes to equity
    		    0                   
      embedded derivative liability bifurcated from 8.25% convertible notes
    		                       
      contingent stock consideration for divestiture of affiliate
    		    0 0                  
      embedded derivative liability bifurcated from april 2023 toggle convertible notes
    		    0 0                  
      reclassification from liability to equity for certain share-based awards
    		    0                   
      reclassification from equity to liability for certain share-based awards
    		    0 8,395,000                  
      accrued debt and equity issuance costs
    		                       
      loss on disposal of assets
    		 -237,000 470,000 2,688,000                    
      purchases and deposits of property, plant and equipment
    		 -13,558,000 -13,724,000 -16,458,000  -20,690,000 -35,430,000 -52,289,000  -51,120,000 -37,210,000 -30,106,000  -48,893,000 -40,266,000 -24,521,000        
      divestiture of affiliate
    		     0                  
      investments in affiliate
    		                       
      proceeds from public offering, net of underwriter's discount
    		                       
      proceeds from issuance of common stock under equity distribution agreement, net of commissions and other fees paid
    		 21,263,000                      
      proceeds from issuance of convertible notes
    		                       
      proceeds from issuance of financing obligation, net of issuance costs
    		     3,943,000    5,425,000              
      repayment of debt and promissory notes
    		 -261,000 -131,000 -130,000  -40,230,000 -2,513,000 -2,544,000                
      payment for coupon make-whole premium
    		 -49,000 -2,783,000 -1,747,000                    
      payments on finance lease liabilities and financing obligations
    		                       
      payments for issuance costs
    		   -49,000          -400,000 -218,000 -26,000        
      net increase in cash and cash equivalents, including restricted cash and cash equivalents
    		     96,745,000                  
      supplementary cash flow disclosures:
    		                       
      supplementary disclosures for noncash investing and financing activities:
    		                       
      pik interest
    		 3,821,000    2,089,000                  
      conversion of april 2023 toggle convertible notes
    		    0                   
      accrued issuance costs
    		                       
      proceeds from issuance of convertible notes, net of discount and issuance costs
    		     165,000,000   49,710,000 -6,000              
      net decrease in cash and cash equivalents, including restricted cash and cash equivalents
    		  -95,631,000 -115,718,000    -116,642,000                
      proceeds from issuance of common stock under equity distribution agreement, net of commissions paid
    		    866,000 53,462,000 31,041,000 30,524,000 64,631,000               
      non-cash in-kind services
    		            6,041,000 12,507,000 14,827,000 12,896,000 17,087,000 11,401,000      
      issuance of common stock for commitment shares
    		            0 2,939,000          
      issuance of senior secured note receivable and prepaid acquisition-related consideration
    		        -5,881,000               
      settlement of price differentials
    		                       
      proceeds from issuance of debt, promissory notes and notes payable, net of issuance costs
    		                       
      repayment of debt, promissory notes and notes payable
    		                       
      net assets acquired in romeo acquisition
    		                       
      toggle unsecured convertible notes issued for paid in kind interest
    		                       
      embedded derivative asset bifurcated from convertible notes
    		                       
      stock option proceeds receivable
    		                       
      common stock issued for commitment shares
    		                       
      common stock issued for investments in affiliates, including common stock with embedded put right
    		                       
      acquired intangible assets included in liabilities
    		                       
      settlement of second price differential
    		                       
      proceeds from issuance of collateralized promissory notes
    		                       
      embedded derivative asset bifurcated from june 2022 toggle convertible notes
    		                       
      accrued debt issuance costs
    		                       
      accrued deferred issuance costs
    		              22,000 330,000        
      adjustments to reconcile net income to net cash from operating activities:
    		                       
      proceeds from registered direct offering, net of underwriters discount
    		                       
      proceeds from public offering, net of underwriters discount
    		                       
      conversion of 5% senior convertible notes into common stock
    		                       
      proceeds from issuance of 5% senior convertible notes
    		       25,000,000                
      loss on forward contract liability
    		                0 0      
      cash and restricted cash acquired in romeo acquisition
    		                       
      proceeds from sale of equipment
    		        0    0 0          
      proceeds from issuance of series d redeemable convertible preferred stock, net of issuance costs paid
    		                0 0      
      business combination and pipe financing, net of issuance costs paid
    		                0 -10,000      
      proceeds from the exercise of stock warrants, net of issuance costs paid
    		                1,484,000       
      proceeds from issuance of shares under the tumim purchase agreement
    		                       
      repayment of debt and notes
    		                       
      net decrease in cash and cash equivalents, including restricted cash
    		           -137,123,000    -85,528,000        
      cash and cash equivalents, including restricted cash, beginning of period
    		         0 0 522,241,000  0 0 849,278,000  0      
      cash and cash equivalents, including restricted cash, end of period
    		         -125,434,000 144,106,000 385,118,000  -45,708,000 -131,056,000 763,750,000  215,200,000      
      proceeds from issuance of collateralized promissory note
    		                       
      repayment of promissory note
    		                       
      net increase in cash and cash equivalents, including restricted cash
    		             -45,708,000    215,200,000      
      revaluation of warrant liability
    		           434,000 -144,000 -4,467,000 2,511,000 -951,000        
      payments on finance lease liabilities
    		           -30,000  -241,000          
      payment of note payable
    		            0 0 0 -4,100,000 0 0      
      revaluation of series a redeemable convertible preferred stock warrant liability
    		                       
      long-term and customer deposits
    		            -16,000 2,542,000          
      settlement of first price differential
    		                       
      cash paid towards build-to-suit lease
    		                       
      proceeds from the exercise of series a redeemable convertible preferred stock warrants
    		                       
      repurchase of series b redeemable convertible preferred stock from related parties, net of issuance costs paid
    		                       
      proceeds from landlord on finance lease
    		                       
      payments on finance lease liability
    		               -258,000        
      proceeds from issuance of promissory note, net of issuance costs
    		                       
      proceeds from note payable
    		                0 0 3,712,000 422,000    
      payment for issuance costs
    		                       
      deferred income taxes
    		             0 1,000 1,000 -1,067,000 2,000 103,521 -101,521  -41,295 98,273 
      revaluation of derivative liability
    		                       
      loss on sale of equipment
    		             0          
      proceeds from issuance of common stock under stock purchase agreement
    		                       
      proceeds from landlord of finance lease
    		                 0      
      non-cash prepaid in-kind services
    		                -17,087,000 -11,400,000      
      accrued business combination and pipe transaction costs
    		                0 -10,000      
      net liabilities assumed from vectoiq
    		                       
      equity in net income of affiliate
    		               794,000        
      accrued series d redeemable convertible preferred stock issuance costs
    		                       
      non-cash interest income
    		                       
      cash paid for acquisitions, net of cash acquired
    		                       
      issuance of related party note receivable
    		                       
      purchases and deposits for property and equipment
    		                       
      proceeds from issuance of series c redeemable convertible preferred stock, net of issuance costs paid
    		                       
      cash paid for income taxes, net of refunds
    		                       
      non-cash interest received related to related party notes
    		                       
      non-cash settlement of related party note receivable
    		                       
      accrued purchases of property and equipment
    		                       
      property acquired through build-to-suit lease
    		                       
      non-cash acquisition of license
    		                       
      non-cash series c redeemable convertible preferred stock issuance costs
    		                       
      net liabilities assumed by vectoiq
    		                       
      settlement of forward contract liability
    		                0       
      customer deposits
    		                 1,931,000      
      purchases of property and equipment
    		                 -1,998,000      
      deposits for property and equipment
    		                 -6,879,000      
      investment in joint venture
    		                       
      payments to landlord for finance lease
    		                 -165,000      
      accrued purchases and deposits of property and equipment
    		                 765,000      
      net liabilities assumed from vectoiq in business combination
    		                       
      accounts payable and accrued expenses and other current liabilities
    		                       
      cash flows from operating activities:
    		                       
      investment income earned on marketable securities held in trust account
    		                   -507,040    
      change in operating assets and liabilities:
    		                       
      decrease in prepaid expenses
    		                   15,625   15,625 
      decrease in accounts payable and accrued liabilities
    		                   -105,323    
      increase in accrued income tax payable
    		                   286,577   187,729 
      cash flows from investing activities:
    		                       
      purchases of investments held in trust account
    		                       
      maturities of marketable securities held in trust account
    		                   238,880,000 473,570,000 1,448,000 236,000,000 
      cash flows from financing activities:
    		                       
      net change in cash and cash and equivalents held in trust account
    		                   238,765,778    
      cash and cash equivalents held in trust account - beginning of period
    		                   761,956    
      cash and cash equivalents held in trust account - end of period
    		                   239,527,734    
      decrease (increase) in prepaid expenses
    		                    15,625   
      increase in accounts payable and accrued liabilities
    		                       
      decrease in accrued income tax payable
    		                       
      proceeds from issuance of common stock, net of offering costs
    		                       
      deferred offering cost
    		                       
      net change in cash and cash held in trust account
    		                       
      cash and cash held in trust account - beginning of period
    		                    0 0 1,216,579 
      cash and cash held in trust account - end of period
    		                    82,288 -86,656 882,400 
      assets:
    		                       
      cash
    		                    28,963 21,517 9,716 
      u.s. government treasury bills
    		                    796,944 148,220 236,631,289 
      total
    		                    825,907 169,737 236,641,005 
      supplemental disclosure of non-cash financing activities:
    		                       
      offering costs included in accounts payable
    		                       
      supplemental disclosure of noncash investing and financing activities:
    		                       
      deferred offering costs included in accounts payable
    		                       
      cash flow from operating activities:
    		                       
      payments on notes payable
    		                       
      net increase in cash and cash held in trust account
    		                       
      cash and cash held in trust account—beginning of period
    		                       
      cash and cash held in trust account—end of period
    		                       
      54
    		                       
      cash held in trust account
    		                       
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.