v3.22.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 140,060,575 $ 201,647,394
Accounts receivable, less allowance for credit losses of zero as of June 30, 2022 and December 31, 2021 784,668 149,776
Inventory, net 12,557,319 10,067,367
Prepaid expenses and other current assets 11,749,364 4,357,829
Total current assets 165,151,926 216,222,366
Property, plant and equipment, net 13,582,936 7,897,807
Lease right-of-use assets 11,666,276 1,538,852
Other assets 126,310 2,479,865
Total Assets 190,527,448 228,138,890
Current liabilities:    
Accounts payable 3,787,194 7,849,607
Accrued and other current liabilities 9,596,353 14,752,827
Warranty liability 3,322,212 4,583,916
Current portion of lease liabilities 1,050,585 363,714
Total current liabilities 17,756,344 27,550,064
Lease liabilities, long-term 8,942,651 1,191,053
Convertible notes, at fair value 0 24,705,000
Total Liabilities 26,698,995 53,446,117
Commitments and contingencies
Stockholders’ Equity:    
Series A preferred stock, par value $0.001 per share, 75,000,000 shares authorized, zero shares issued and outstanding as of June 30, 2022 and December 31, 2021 0 0
Common stock, par value $0.001 per share, 250,000,000 shares authorized, 160,058,512 shares issued and outstanding as of June 30, 2022 and 151,915,455 shares issued and outstanding as of December 31, 2021 160,059 151,916
Additional paid-in capital 717,258,045 686,318,201
Accumulated deficit (553,589,651) (510,374,844)
Accumulated other comprehensive loss 0 (1,402,500)
Total stockholders’ equity 163,828,453 174,692,773
Total Liabilities and Stockholders’ Equity $ 190,527,448 $ 228,138,890

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