10-Q Filing

ARCHER AVIATION INC. CIK: 1824502 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001628280-21-023204`
Period End Date	20210930
Filing Date	20211112
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	achr-20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 64 Cash Flow Statement 93 Stockholders Equity 43

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$36.60M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$796.20M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$800.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.10M	USD	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$400.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$37.40M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$797.70M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$4.30M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.60M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	232.64M	shares	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$500.00K	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$500.00K	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	59.85M	shares	Point-in-time
Right-of-use asset	`OperatingLeaseRightOfUseAsset`	$2.70M	USD	Point-in-time
Right-of-use asset	`OperatingLeaseRightOfUseAsset`	$2.30M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$500.00K	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	-	USD	Point-in-time
Total assets	`Assets`	$41.80M	USD	Point-in-time
Total assets	`Assets`	$805.70M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.10M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$19.40M	USD	Point-in-time
Lease liability	`OperatingLeaseLiabilityCurrent`	$1.70M	USD	Point-in-time
Lease liability	`OperatingLeaseLiabilityCurrent`	$800.00K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$7.00M	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$600.00K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$300.00K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$29.70M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.80M	USD	Point-in-time
Notes payable, net of current portion	`LongTermNotesPayable`	$300.00K	USD	Point-in-time
Notes payable, net of current portion	`LongTermNotesPayable`	$11.70M	USD	Point-in-time
Lease liability, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$1.00M	USD	Point-in-time
Lease liability, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$1.50M	USD	Point-in-time
Warrant liabilities	`WarrantLiabilitiesNoncurrent`	-	USD	Point-in-time
Warrant liabilities	`WarrantLiabilitiesNoncurrent`	$40.90M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$500.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$300.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$83.80M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.90M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding as of September 30, 2021 and December 31, 2020	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding as of September 30, 2021 and December 31, 2020	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.05B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$61.70M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-25.80M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-330.30M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$-11.80M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$900.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$20.10M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$39.70M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.90M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$-4.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$35.90M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$721.90M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$805.70M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$41.80M	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Research and development	`ResearchAndDevelopmentExpense`	$6.70M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$23.10M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$13.60M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$44.60M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$143.10M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$600.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.30M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$114.10M	USD	1 Quarter
Other warrant expense	`OtherWarrantExpense`	-	USD	3 Qtrs
Other warrant expense	`OtherWarrantExpense`	$117.30M	USD	3 Qtrs
Other warrant expense	`OtherWarrantExpense`	$39.10M	USD	1 Quarter
Other warrant expense	`OtherWarrantExpense`	-	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$15.90M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$176.30M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$305.00M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$7.30M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-176.30M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-15.90M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-305.00M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-7.30M	USD	1 Quarter
Gain on forgiveness of PPP loan	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on forgiveness of PPP loan	`GainsLossesOnExtinguishmentOfDebt`	$900.00K	USD	3 Qtrs
Gain on forgiveness of PPP loan	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on forgiveness of PPP loan	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$100.00K	USD	3 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$100.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	-	USD	3 Qtrs
Interest expense	`InterestExpense`	$200.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$500.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$500.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-304.50M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-16.10M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-176.70M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-7.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-176.70M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-94.90M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-304.50M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-4.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-16.10M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-32.90M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.90M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-7.30M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-16.10M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-304.50M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-176.70M	USD	1 Quarter
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.32	USD	3 Qtrs
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-2.00	USD	1 Quarter
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-4.50	USD	3 Qtrs
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.14	USD	1 Quarter
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-4.50	USD	3 Qtrs
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-2.00	USD	1 Quarter
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.14	USD	1 Quarter
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.32	USD	3 Qtrs
Weighted-average common shares, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.49M	shares	1 Quarter
Weighted-average common shares, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.38M	shares	3 Qtrs
Weighted-average common shares, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	67.69M	shares	3 Qtrs
Weighted-average common shares, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	88.44M	shares	1 Quarter
Weighted-average common shares, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	88.44M	shares	1 Quarter
Weighted-average common shares, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	50.49M	shares	1 Quarter
Weighted-average common shares, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	50.38M	shares	3 Qtrs
Weighted-average common shares, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	67.69M	shares	3 Qtrs

Cash Flow Statement 93 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-176.70M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-94.90M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-304.50M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-4.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-16.10M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-32.90M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.90M	USD	1 Quarter
Depreciation and amortization	`OtherDepreciationAndAmortization`	$100.00K	USD	3 Qtrs
Depreciation and amortization	`OtherDepreciationAndAmortization`	$800.00K	USD	3 Qtrs
Debt discount amortization	`AmortizationOfDebtDiscountPremium`	$100.00K	USD	3 Qtrs
Debt discount amortization	`AmortizationOfDebtDiscountPremium`	-	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	-	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$104.70M	USD	3 Qtrs
Change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	$100.00K	USD	1 Quarter
Change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	$100.00K	USD	3 Qtrs
Change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	-	USD	3 Qtrs
Non-cash interest	`PaidInKindInterest`	$300.00K	USD	3 Qtrs
Non-cash interest	`PaidInKindInterest`	-	USD	3 Qtrs
Non-cash lease expense	`OperatingLeaseExpense`	-	USD	3 Qtrs
Non-cash lease expense	`OperatingLeaseExpense`	$1.00M	USD	3 Qtrs
Research and development	`OtherResearchAndDevelopmentExpense`	$5.70M	USD	3 Qtrs
Research and development	`OtherResearchAndDevelopmentExpense`	-	USD	3 Qtrs
Other warrant expense	`OtherWarrantExpense`	-	USD	3 Qtrs
Other warrant expense	`OtherWarrantExpense`	$117.30M	USD	3 Qtrs
Other warrant expense	`OtherWarrantExpense`	$39.10M	USD	1 Quarter
Other warrant expense	`OtherWarrantExpense`	-	USD	1 Quarter
Gain on forgiveness of PPP loan	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on forgiveness of PPP loan	`GainsLossesOnExtinguishmentOfDebt`	$900.00K	USD	3 Qtrs
Gain on forgiveness of PPP loan	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on forgiveness of PPP loan	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$900.00K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$300.00K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$400.00K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	-	USD	3 Qtrs
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$500.00K	USD	3 Qtrs
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	-	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.40M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$16.90M	USD	3 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	-	USD	3 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$1.50M	USD	3 Qtrs
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	-	USD	3 Qtrs
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-1.00M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-59.50M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-15.20M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$400.00K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-400.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.00M	USD	3 Qtrs
Proceeds from issuance of debt	`ProceedsFromIssuanceOfDebt`	$900.00K	USD	3 Qtrs
Proceeds from issuance of debt	`ProceedsFromIssuanceOfDebt`	$20.00M	USD	3 Qtrs
Proceeds from PIPE financing	`ProceedsFromIssuanceOfPrivatePlacement`	$600.00M	USD	Point-in-time
Proceeds from PIPE financing	`ProceedsFromIssuanceOfPrivatePlacement`	-	USD	3 Qtrs
Proceeds from PIPE financing	`ProceedsFromIssuanceOfPrivatePlacement`	$600.00M	USD	3 Qtrs
Recapitalization transaction	`ProceedsFromRecapitalizationTransaction`	$257.60M	USD	3 Qtrs
Recapitalization transaction	`ProceedsFromRecapitalizationTransaction`	$257.60M	USD	Point-in-time
Recapitalization transaction	`ProceedsFromRecapitalizationTransaction`	-	USD	3 Qtrs
Recapitalization transaction costs	`PaymentsForReverseRecapitalizationTransactionCosts`	-	USD	3 Qtrs
Recapitalization transaction costs	`PaymentsForReverseRecapitalizationTransactionCosts`	$55.80M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$400.00K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	3 Qtrs
Proceeds from exercise of stock warrants	`ProceedsFromWarrantExercises`	$100.00K	USD	3 Qtrs
Proceeds from exercise of stock warrants	`ProceedsFromWarrantExercises`	-	USD	3 Qtrs
Proceeds from issuance of preferred stock, net	`ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock`	$45.70M	USD	3 Qtrs
Proceeds from issuance of preferred stock, net	`ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock`	-	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$200.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$46.60M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$822.10M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$31.00M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$759.60M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$41.10M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.10M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$796.20M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$36.60M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$41.10M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.10M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$796.20M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$36.60M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$300.00K	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	-	USD	3 Qtrs
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$400.00K	USD	3 Qtrs
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$100.00K	USD	3 Qtrs
Promissory notes and interest settled with preferred shares	`NotesReduction`	$5.30M	USD	3 Qtrs
Promissory notes and interest settled with preferred shares	`NotesReduction`	-	USD	3 Qtrs
Allocation of debt proceeds to stock warrants	`AllocationOfDebtProceedsToStockWarrants`	$1.20M	USD	3 Qtrs
Allocation of debt proceeds to stock warrants	`AllocationOfDebtProceedsToStockWarrants`	-	USD	3 Qtrs
Conversion of preferred stock	`ConversionOfStockAmountConverted1`	$61.50M	USD	3 Qtrs
Conversion of preferred stock	`ConversionOfStockAmountConverted1`	-	USD	3 Qtrs
PIPE financing issuance costs settled with the issuance of Class A common stock	`PIPEFinancingIssuanceCostsSettledWithTheIssuance`	-	USD	3 Qtrs
PIPE financing issuance costs settled with the issuance of Class A common stock	`PIPEFinancingIssuanceCostsSettledWithTheIssuance`	$7.00M	USD	3 Qtrs
Recapitalization transaction costs settled with the issuance of Class A common stock	`RecapitalizationTransactionCostsSettledWithTheIssuanceOfClassACommonStock`	$8.10M	USD	3 Qtrs
Recapitalization transaction costs settled with the issuance of Class A common stock	`RecapitalizationTransactionCostsSettledWithTheIssuanceOfClassACommonStock`	-	USD	3 Qtrs

Stockholders Equity 43 line items

Line Item	Tag	Value	Unit	Period
Stockholders' Equity, beginning balance	`StockholdersEquity`	$900.00K	USD	Point-in-time
Stockholders' Equity, beginning balance	`StockholdersEquity`	$-11.80M	USD	Point-in-time
Stockholders' Equity, beginning balance	`StockholdersEquity`	$20.10M	USD	Point-in-time
Stockholders' Equity, beginning balance	`StockholdersEquity`	$39.70M	USD	Point-in-time
Stockholders' Equity, beginning balance	`StockholdersEquity`	$4.90M	USD	Point-in-time
Stockholders' Equity, beginning balance	`StockholdersEquity`	$-4.00M	USD	Point-in-time
Stockholders' Equity, beginning balance	`StockholdersEquity`	$35.90M	USD	Point-in-time
Stockholders' Equity, beginning balance	`StockholdersEquity`	$721.90M	USD	Point-in-time
Issuance of restricted stock (in shares)	`StockIssuedDuringPeriodSharesRestrictedStockAwardGross`	10.00M	shares	Point-in-time
Issuance of restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Issuance of restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$101.70M	USD	1 Quarter
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	4.74M	shares	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	-	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	-	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$400.00K	USD	1 Quarter
Issuance of warrants	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$78.20M	USD	1 Quarter
Issuance of warrants	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$44.80M	USD	1 Quarter
Issuance of preferred stock (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	61.51M	shares	Point-in-time
Issuance of preferred stock	`StockIssuedDuringPeriodValueNewIssues`	$45.70M	USD	1 Quarter
Exercise of warrants and Conversion of notes and accrued interest to preferred stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$100.00K	USD	1 Quarter
Exercise of warrants and Conversion of notes and accrued interest to preferred stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$5.30M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$900.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.10M	USD	1 Quarter
Issuance of Class A common stock pursuant to the Business Combination Agreement (in shares)	`StockIssuedDuringPeriodSharesReverseRecapitalization`	101.27M	shares	Point-in-time
Issuance of Class A common stock pursuant to the Business Combination Agreement	`StockIssuedDuringPeriodValueReverseRecapitalization`	$162.30M	USD	1 Quarter
PIPE financing	`StockIssuedDuringPeriodValuePIPEFinancing`	$600.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-16.10M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-176.70M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-94.90M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-304.50M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-4.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-32.90M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.90M	USD	1 Quarter
Stockholders' Equity, ending balance	`StockholdersEquity`	$-4.00M	USD	Point-in-time
Stockholders' Equity, ending balance	`StockholdersEquity`	$4.90M	USD	Point-in-time
Stockholders' Equity, ending balance	`StockholdersEquity`	$39.70M	USD	Point-in-time
Stockholders' Equity, ending balance	`StockholdersEquity`	$35.90M	USD	Point-in-time
Stockholders' Equity, ending balance	`StockholdersEquity`	$-11.80M	USD	Point-in-time
Stockholders' Equity, ending balance	`StockholdersEquity`	$900.00K	USD	Point-in-time
Stockholders' Equity, ending balance	`StockholdersEquity`	$20.10M	USD	Point-in-time
Stockholders' Equity, ending balance	`StockholdersEquity`	$721.90M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.