0001628280-22-022896 | 10-Q | XBRL Viewer | Faraday Future Intelligent Electric INC

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Cover - shares	6 Months Ended
Cover - shares	Jun. 30, 2022	Aug. 09, 2022
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
Document Transition Report	false
Entity File Number	001-39395
Entity Registrant Name	Faraday Future Intelligent Electric Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	84-4720320
Entity Address, Address Line One	18455 S. Figueroa Street
Entity Address, City or Town	Gardena
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	90248
City Area Code	310
Local Phone Number	415-4807
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Central Index Key	0001805521
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Class A Common Stock
Document Information [Line Items]
Title of 12(b) Security	Class A common stock, par value $0.0001 per share
Trading Symbol	FFIE
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		263,913,346
Redeemable Warrants
Document Information [Line Items]
Title of 12(b) Security	Redeemable warrants, exercisable for shares of Class A common stock at an exercise price of $11.50 per share
Trading Symbol	FFIEW
Security Exchange Name	NASDAQ
Class B Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		64,000,588

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Current assets
Cash	$ 120,585	$ 505,091
Restricted cash	949	25,386
Deposits	47,592	63,370
Other current assets	5,985	13,410
Total current assets	175,111	607,257
Property and equipment, net	387,075	293,135
Right of use assets	19,349	0
Other non-current assets	6,707	7,040
Total assets	588,242	907,432
Current liabilities
Accounts payable	61,787	37,773
Accrued expenses and other current liabilities	92,392	90,512
Related party accrued interest	12,660	11,231
Accrued interest	504	8,263
Operating lease liabilities, current portion	2,015	0
Finance lease liabilities, current portion	1,903	0
Related party notes payable	12,962	13,655
Notes payable, current portion	73,496	132,372
Total current liabilities	257,719	293,806
Operating lease liabilities, less current portion	18,217	0
Finance lease liabilities, less current portion	7,295	7,570
Other liabilities, less current portion	3,609	3,720
Notes payable, less current portion	0	34,682
Total liabilities	286,840	339,778
Commitments and contingencies (Note 11)
Stockholders’ equity
Additional paid-in capital	3,491,041	3,482,226
Accumulated other comprehensive loss	(3,261)	(6,945)
Accumulated deficit	(3,219,308)	(2,907,644)
Total stockholders’ equity	268,502	567,654
Total liabilities, commitment to issue Class A Common Stock and stockholders’ equity	588,242	907,432
Class A Common Stock
Current liabilities
Commitment to issue Class A Common Stock	32,900	0
Stockholders’ equity
Common stock	24	17
Class B Common Stock
Stockholders’ equity
Common stock	$ 6	$ 0

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2022	Dec. 31, 2021
Class A Common Stock
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized (in shares)	750,000,000	750,000,000
Common stock, shares issued (in shares)	238,543,475	168,693,323
Common stock, shares outstanding (in shares)	238,543,475	168,693,323
Class B Common Stock
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized (in shares)	75,000,000	75,000,000
Common stock, shares issued (in shares)	64,000,588	0
Common stock, shares outstanding (in shares)	64,000,588	0

Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Operating expenses
Research and development	$ 98,015	$ 8,673	$ 212,950	$ 15,394
Sales and marketing	6,198	2,585	12,384	4,267
General and administrative	33,253	16,430	61,133	27,423
Total operating expenses	137,466	27,688	286,467	47,084
Loss from operations	(137,466)	(27,688)	(286,467)	(47,084)
Change in fair value measurements	5,158	(10,730)	6,344	(37,647)
Interest expense	(1,128)	(8,390)	(4,874)	(27,564)
Related party interest expense	(1,313)	(4,415)	(1,935)	(14,167)
Other expense, net	(6,936)	(1,552)	(7,851)	(1,835)
Loss before income taxes	(141,685)	(52,775)	(294,783)	(128,297)
Income tax provision	(9)	0	(9)	(3)
Net loss	(141,694)	(52,775)	(294,792)	(128,300)
Total comprehensive loss:
Net loss	(141,694)	(52,775)	(294,792)	(128,300)
Change in foreign currency translation adjustment	4,248	(1,184)	3,684	(676)
Total comprehensive loss	$ (137,446)	$ (53,959)	$ (291,108)	$ (128,976)
Class A Common Stock
Per share information:
Net loss per Common Stock – basic (in dollars per share)	$ (0.44)	$ (0.32)	$ (0.91)	$ (0.79)
Net loss per Common Stock – diluted (in dollars per share)	$ (0.44)	$ (0.32)	$ (0.91)	$ (0.79)
Weighted average Common shares outstanding – basic (in shares)	322,717,920	164,870,354	322,466,055	161,498,339
Weighted average Common shares outstanding – diluted (in shares)	322,717,920	164,870,354	322,466,055	161,498,339
Class B Common Stock
Per share information:
Net loss per Common Stock – basic (in dollars per share)	$ (0.44)	$ (0.32)	$ (0.91)	$ (0.79)
Net loss per Common Stock – diluted (in dollars per share)	$ (0.44)	$ (0.32)	$ (0.91)	$ (0.79)
Weighted average Common shares outstanding – basic (in shares)	322,717,920	164,870,354	322,466,055	161,498,339
Weighted average Common shares outstanding – diluted (in shares)	322,717,920	164,870,354	322,466,055	161,498,339

Condensed Consolidated Statements of Commitment to Issue Class A Common Stock and Stockholders’ Equity (Deficit) - USD ($) $ in Thousands	Total	Related Party Notes Payable	The9 Conditional Obligation	Cumulative Effect, Period of Adoption, Adjustment	Class A Common Stock	Class A Common Stock Related Party Notes Payable	Class A Common Stock Cumulative Effect, Period of Adoption, Adjustment	Common Stock Class A Common Stock	Common Stock Class A Common Stock The9 Conditional Obligation	Common Stock Class B Common Stock	Additional Paid-in Capital	Additional Paid-in Capital Related Party Notes Payable	Additional Paid-in Capital The9 Conditional Obligation	Accumulated Other Comprehensive Loss	Accumulated Deficit	Accumulated Deficit Cumulative Effect, Period of Adoption, Adjustment
Beginning balance (in shares) at Dec. 31, 2020								93,099,596		64,000,588
Beginning balance at Dec. 31, 2020	$ (579,338)							$ 9		$ 6	$ 1,817,760			$ (5,974)	$ (2,391,139)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Conversion of convertible securities (in shares)						10,888,580			423,053
Conversion of convertible securities		$ 134,359	$ 2,863			$ 1						$ 134,358	$ 2,863
Stock-based compensation	3,468										3,468
Exercise of stock options (in shares)								3,248,425
Exercise of stock options	7,752										7,752
Issuance of warrants	7,113										7,113
Foreign currency translation adjustment	(676)													(676)
Net loss	(128,300)														(128,300)
Ending balance (in shares) at Jun. 30, 2021								107,659,654		64,000,588
Ending balance at Jun. 30, 2021	(552,759)							$ 10		$ 6	1,973,314			(6,650)	(2,519,439)
Beginning balance (in shares) at Mar. 31, 2021								94,777,273		64,000,588
Beginning balance at Mar. 31, 2021	(644,334)							$ 9		$ 6	1,827,781			(5,466)	(2,466,664)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Conversion of convertible securities (in shares)						10,888,580
Conversion of convertible securities		$ 134,359				$ 1						$ 134,358
Stock-based compensation	948										948
Exercise of stock options (in shares)								1,993,801
Exercise of stock options	5,102										5,102
Issuance of warrants	5,125										5,125
Foreign currency translation adjustment	(1,184)													(1,184)
Net loss	(52,775)														(52,775)
Ending balance (in shares) at Jun. 30, 2021								107,659,654		64,000,588
Ending balance at Jun. 30, 2021	(552,759)							$ 10		$ 6	1,973,314			(6,650)	(2,519,439)
Beginning balance (in shares) at Dec. 31, 2021					0
Beginning balance at Dec. 31, 2021					$ 0
Beginning balance (Accounting Standards Update 2020-06) at Dec. 31, 2021							$ 32,900
Ending balance (in shares) at Jun. 30, 2022					0
Ending balance at Jun. 30, 2022					$ 32,900
Beginning balance (in shares) at Dec. 31, 2021								168,693,323		0
Beginning balance at Dec. 31, 2021	567,654							$ 17		$ 0	3,482,226			(6,945)	(2,907,644)
Beginning balance (Accounting Standards Update 2020-06) at Dec. 31, 2021				$ (20,265)												$ (20,265)
Beginning balance (Accounting Standards Update 2016-02) at Dec. 31, 2021				$ 3,393												$ 3,393
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of shares pursuant to the commitment to issue Class A and Class B Common Stock (Note 3) (in shares)								68,887,416		64,000,588
Issuance of shares pursuant to the commitment to issue Class A and Class B Common Stock (Note 3)	0							$ 7		$ 6	(13)
Stock-based compensation	6,474										6,474
Exercise of stock options (in shares)								962,736
Exercise of stock options	2,354										2,354
Foreign currency translation adjustment	3,684													3,684
Net loss	(294,792)														(294,792)
Ending balance (in shares) at Jun. 30, 2022								238,543,475		64,000,588
Ending balance at Jun. 30, 2022	268,502							$ 24		$ 6	3,491,041			(3,261)	(3,219,308)
Beginning balance (in shares) at Mar. 31, 2022					0
Beginning balance at Mar. 31, 2022					$ 32,900
Ending balance (in shares) at Jun. 30, 2022					0
Ending balance at Jun. 30, 2022					$ 32,900
Beginning balance (in shares) at Mar. 31, 2022								238,197,018		64,000,588
Beginning balance at Mar. 31, 2022	402,322							$ 24		$ 6	3,487,415			(7,509)	(3,077,614)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of shares pursuant to the commitment to issue Class A and Class B Common Stock (Note 3) (in shares)								145,396
Stock-based compensation	3,127										3,127
Exercise of stock options (in shares)								201,061
Exercise of stock options	499										499
Foreign currency translation adjustment	4,248													4,248
Net loss	(141,694)														(141,694)
Ending balance (in shares) at Jun. 30, 2022								238,543,475		64,000,588
Ending balance at Jun. 30, 2022	$ 268,502							$ 24		$ 6	$ 3,491,041			$ (3,261)	$ (3,219,308)

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities
Net loss	$ (294,792)	$ (128,300)
Adjustments to reconcile net loss to net cash used in operating activities
Depreciation and amortization expense	9,846	2,047
Stock-based compensation	6,474	3,468
Loss on disposal of property and equipment	1,407	647
Change in fair value measurements	(6,344)	37,647
Loss (gain) on foreign exchange	2,484	(1,823)
Loss (gain) on forgiveness of accounts payable and deposits, net	2,190	(862)
Non-cash interest expense	4,609	37,938
Loss on extinguishment of related party notes payable, notes payable and vendor payables in trust, net	0	1,309
Gain on forgiveness of vendor payables in trust	0	(1,731)
Other	216	0
Changes in operating assets and liabilities
Deposits	11,104	733
Other current and other non-current assets	2,048	312
Accounts payable	24,403	(15,206)
Accrued expenses and other current liabilities	12,785	11,510
Operating lease liabilities	(1,678)	0
Accrued interest expense	(9,856)	0
Net cash used in operating activities	(235,104)	(52,311)
Cash flows from investing activities
Payments for property and equipment	(90,234)	(1,386)
Net cash used in investing activities	(90,234)	(1,386)
Cash flows from financing activities
Proceeds from related party notes payable	0	200
Proceeds from notes payable, net of original issuance discount	0	111,740
Payments of related party notes payable	0	(1,528)
Payments of notes payable, including Payment Premium	(87,258)	0
Payments of notes payable issuance costs	0	(3,355)
Payments of finance lease obligations	(936)	(2,212)
Proceeds from exercise of stock options	2,354	7,751
Payments of stock issuance costs	0	(1,071)
Net cash (used in) provided by financing activities	(85,840)	111,525
Effect of exchange rate changes on cash and restricted cash	2,235	(1,407)
Net (decrease) increase in cash and restricted cash	(408,943)	56,421
Cash and restricted cash, beginning of period	530,477	1,827
Cash and restricted cash, end of period	121,534	58,248
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]
Cash	120,585	52,527
Restricted cash	949	5,721
Total cash and restricted cash, end of period	121,534	58,248
Supplemental disclosure of noncash investing and financing activities
Recognition of operating right of use assets and lease liabilities for new leases	9,991	0
Additions of property and equipment included in accounts payable and accrued expenses	7,331	939
Conversion of The9 Conditional Obligation to equity	0	2,863
Conversion of related party notes payable and related party accrued interest to Class A common stock	0	134,359
Supplemental disclosure of cash flow information
Cash paid for interest	$ 12,937	$ 6,584

Nature of Business and Organization and Basis of Presentation	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Business and Organization and Basis of Presentation	Nature of Business and Organization and Basis of Presentation Nature of Business and Organization Faraday Future Intelligent Electric Inc. (the “Company” or “FF”), a holding company incorporated in the State of Delaware on February 11, 2020, conducts its operations through the subsidiaries of FF Intelligent Mobility Global Holdings Ltd. (“Legacy FF”), founded in 2014 and headquartered in Los Angeles, California. On July 21, 2021 (the “Closing”), the Company consummated a business combination pursuant to an Agreement and Plan of Merger dated January 27, 2021, by and among Property Solutions Acquisition Corp (“PSAC”). and Legacy FF (the “Business Combination”). Upon the consummation of the Business Combination (the “Closing”), PSAC changed its name from “Property Solutions Acquisition Corp.” to “Faraday Future Intelligent Electric Inc.” Concurrently with the Closing of the Business Combination, the Company entered into separate agreements with a number of investors (“PIPE Investors”) pursuant to which, on the Closing Date, the PIPE Investors purchased, and the Company issued, an aggregate of 76,140,000 shares of Class A Common Stock, for a purchase price of $10.00 per share with an aggregate purchase price of $761,400 (“PIPE Financing”). Shares sold and issued in the PIPE Financing included registration rights. The Company operates in a single operating segment and designs and engineers next-generation, intelligent, electric vehicles. The Company expects to manufacture vehicles at its production facility in Hanford, California and has additional engineering, sales, and operations capabilities in China. The Company has created innovations in technology, products, and a user-centered business model that are being incorporated into its planned electric vehicle platform. Principles of Consolidation and Basis of Presentation The Company consolidates the financial statements of all entities in which it has a controlling financial interest, including the accounts of any Variable Interest Entity (“VIE”) in which the Company has a controlling financial interest and for which it is the primary beneficiary. All intercompany transactions and balances have been eliminated upon consolidation. The unaudited Condensed Consolidated Financial Statements have been prepared in conformity with generally accepted accounting principles in the United States (“GAAP”) for interim financial information and are unaudited. These unaudited Condensed Consolidated Financial Statements do not include all disclosures that are normally included in annual audited financial statements prepared in accordance with GAAP and should be read in conjunction with the Company’s audited Consolidated Financial Statements for the year ended December 31, 2021, included in the Company’s Form 10-K filed with Securities and Exchange Commission (“SEC”) on May 13, 2022 (the “Form 10-K”). Accordingly, the Condensed Consolidated Balance Sheet as of December 31, 2021, has been derived from the Company’s annual audited Consolidated Financial Statements but does not contain all of the footnote disclosures from the annual financial statements. In the opinion of the Company, the unaudited Condensed Consolidated Financial Statements contain all adjustments, consisting of only normal recurring adjustments, necessary for a fair statement of its financial position, its results of operations, and cash flows for the periods presented. The accounting policies used in the preparation of these unaudited Condensed Consolidated Financial Statements are the same as those disclosed in the audited Consolidated Financial Statements for the year ended December 31, 2021, included in the Form 10-K, except as described below. Reclassification The Company reclassified certain amounts in the Condensed Consolidated Financial Statements to conform to the current period's presentation. Revision As previously disclosed in the Company’s annual financial statements for the fiscal year ended December 31, 2021, in connection with the findings of the Special Committee Investigation, the Company found misclassifications in the unaudited Condensed Consolidated Financial Statements for the three and six months ended June 30, 2021, resulting in an overstatement of interest expense and understatement of related party interest expense of $687 and $1,369, respectively. The misstatements did not affect any subtotals or totals on the Condensed Consolidated Statements of Operations and Comprehensive Loss for the three and six months ended June 30, 2021. The Company concluded that such misstatements were not material to the previously issued financial statements, however, the Condensed Consolidated Statements of Operations and Comprehensive Loss for the three and six months ended June 30, 2021 have been revised to correct for these misstatements. Use of Estimates The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions, which affect the reported amounts in the financial statements. Estimates are based on historical experience, where applicable, and other assumptions which management believes are reasonable under the circumstances. On an ongoing basis, management evaluates its estimates, including those related to the: (i) realization of tax assets and estimates of tax liabilities; (ii) valuation of equity securities; (iii) recognition and disclosure of contingent liabilities, including litigation reserves; (iv) fair value of related party notes payable and notes payable; (v) estimated useful lives and impairment of long-lived assets; (vi) fair value of options granted to employees and non-employees; (vii) fair value of warrants, and (viii) incremental borrowing rate used to measure operating lease liabilities. Such estimates often require the selection of appropriate valuation methodologies and financial models and may involve significant judgment in evaluating ranges of assumptions and financial inputs. Actual results may differ from those estimates. As of the date the Company’s unaudited Condensed Consolidated Financial Statements were issued, the Company is not aware of any specific event or circumstance that would require it to update its estimates or judgments or to revise the carrying value of its assets or liabilities. However, these estimates and judgments may change as new events occur and additional information is obtained, which may result in changes being recognized in the Company’s condensed consolidated financial statements in future periods. While the Company considered the effects of COVID-19 on its estimates and assumptions, due to the level of uncertainty regarding the economic and operational impacts of COVID-19 on the Company’s business, there may be other judgments and assumptions that the Company has not considered. Such judgments and assumptions could result in a material impact on the Company’s financial statements in future periods. Actual results could differ from these estimates and any such differences may have a material impact on the Company’s Condensed Consolidated Financial Statements. Income Tax The Company recorded an income tax provision of $9 for the three and six months ended June 30, 2022 and $3 for the six months ended June 30, 2021, on the unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss. The difference in the Company’s effective tax rate from the federal statutory rate of 21% is due to the ratio of domestic and international loss before taxes. The Company records a valuation allowance to reflect limited benefits for income taxes in jurisdictions that historically reported losses and a provision for income taxes in jurisdictions that are profitable. The income tax provision for each period was the combined calculated tax expenses/benefits for various jurisdictions. The Company is subject to taxation and files income tax returns with the U.S. federal government, California and China. As of June 30, 2022, the 2017 through 2021 federal returns and 2017 through 2021 state returns are open to examination. The Company’s 2017 and 2018 federal returns are currently under audit by the Internal Revenue Service (“IRS”). The Company is not under any tax audits on its China tax returns. All of the prior year tax returns, from 2016 through 2021, are open under China tax law. The Company did not accrue any interest or penalties related to the Company's unrecognized tax benefits as of June 30, 2022, as the uncertain tax benefits only reduced the net operating losses. The Company does not expect the uncertain tax benefits to have material impact on its Condenses Consolidated Financial Statements within the next twelve months. Recently Adopted Accounting Pronouncements In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-02, Leases (Topic 842) (“Topic 842”), which outlines a comprehensive lease accounting model that supersedes the previous lease guidance. The guidance requires lessees to recognize lease liabilities and corresponding right-of-use assets for all leases with lease terms greater than 12 months. It also changes the definition of a lease and expands the disclosure requirements of lease arrangements. In July 2018, the FASB issued ASU 2018-11, Leases (Topic 842) - Targeted Improvements, which provides the option of an additional transition method that allows entities to initially apply the new lease guidance at the adoption date and recognize a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The Company adopted the standard on January 1, 2022 using the modified retrospective basis and recorded operating lease right-of-use assets (“ROU”) of $11,191 and operating lease liabilities of $11,191 on that date. As part of this adoption, the Company reclassified the deferred gain related to a previous sale and leaseback of $3,393 to accumulated deficit. The Company elected to apply the package of practical expedients permitted under the transition guidance within ASC 842 which does not require reassessment of initial direct costs, reassessment of the classification of leases as operating or financing, or reassessment of the definition of a lease (see Note 10, Leases). Finance lease liabilities and related property and equipment assets did not change as a result of the adoption of this standard. In August 2020, the FASB issued ASU 2020-06, Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity (“ASU 2020-06”). The ASU simplifies the accounting for convertible instruments by removing certain separation models in ASC 470- 20, Debt — Debt with Conversion and Other Options, for convertible instruments. The ASU updates the guidance on certain embedded conversion features that are not required to be accounted for as derivatives under Topic 815, Derivatives and Hedging, or that do not result in substantial premiums accounted for as paid-in capital, such that those features are no longer required to be separated from the host contract. The convertible debt instruments will be accounted for as a single liability measured at amortized cost. Further, the ASU made amendments to the earnings per share guidance in Topic 260 for convertible instruments, the most significant impact of which is requiring the use of the if-converted method for the diluted EPS calculation, and no longer allowing the net share settlement method. The ASU also made revisions to Topic 815-40, which provides guidance on how an entity must determine whether a contract qualifies for a scope exception from derivative accounting. The amendments to Topic 815-40 change the scope of contracts that are recognized as assets or liabilities. ASU 2020-06 is effective for interim and annual periods beginning after December 15, 2023, with early adoption permitted. Adoption of the ASU can either be on a modified retrospective or full retrospective basis. The Company adopted the standard on January 1, 2022 on a modified retrospective basis and reclassified the Obligation to issue registered shares of Class A Common Stock of $12,635 from Accrued expenses and other current liabilities and reclassified $20,265 from Accumulated deficit to Commitment to issue Class A Common Stock on the Condensed Consolidated Balance Sheets. In May 2021, the FASB issued ASU 2021-04, Issuer’s Accounting for Certain Modifications or Exchanges of Freestanding Equity-Classified Written Call Options (“ASU 2021-04”). The ASU clarifies and reduces diversity in an issuer’s accounting for modifications or exchanges of freestanding equity-classified written call options (for example, warrants) that remain equity classified after modification or exchange. The ASU made amendments to the earnings per share guidance in Topic 260 for an issuer’s accounting for modifications or exchanges of freestanding equity-classified written call options. Further, the ASU made amendments to the Debt—Modifications and Extinguishments guidance in Topic 470-50. The ASU also added references to revised guidance within Topic 505 and 718. Additionally, the ASU made additions to Topic 815-40 related to the issuer’s accounting for modifications or exchanges of freestanding equity-classified written call options. ASU 2021-04 is effective for interim and annual periods beginning after December 15, 2021, with early adoption permitted. Adoption of the amendments in the ASU should be applied prospectively to modifications or exchanges occurring on or after the effective date of the amendments. The Company adopted the standard as of January 1, 2022. There was an immaterial effect on the condensed consolidated financial statements as a result of the adoption of ASU 2021-04.

Liquidity and Capital Resources	6 Months Ended
Liquidity and Capital Resources	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Liquidity and Capital Resources	Liquidity and Capital Resources The Company has evaluated whether there are certain conditions and events, considered in the aggregate, that raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date that the unaudited Condensed Consolidated Financial Statements are issued. Based on its recurring losses from operations since inception and continued cash outflows from operating activities (all as described below), the Company has concluded that there is substantial doubt about its ability to continue as a going concern for a period of one year from the date that these unaudited Condensed Consolidated Financial Statements were issued. The Company’s business plan contemplates that it will begin deliveries of the FF 91 in the third or fourth quarter of 2022, with testing, validation, and certification also completed in the third or fourth quarter of 2022. In order to fund its ongoing operations and business plan, including to launch the FF 91, FF is seeking to raise additional capital from various fundraising efforts currently underway to supplement its cash on hand of $120,585 as of June 30, 2022. Although the Company has taken steps to preserve its cash position, including reducing spending, extending payment cycles and other similar measures, it projects that it will require additional funds by early September 2022 in order to continue operations, and will also need to raise additional financing during the remainder of 2022 and beyond 2022 to support the ramp-up of production of the FF 91 to generate revenues to put the Company on a path to cash flow break-even. Incremental capital needs beyond 2022 to fund development of the Company’s remaining product portfolio will be highly dependent on the market success and profitability of the FF 91 and the Company’s ability to accurately estimate and control costs. Since its formation, the Company has devoted substantial effort and capital resources to strategic planning, engineering, design, and development of its electric vehicle platform, development of initial electric vehicle models, and capital raising. Since inception, the Company has incurred cumulative losses from operations, negative cash flows from operating activities, and has an accumulated deficit of $3,219,308 as of June 30, 2022. After the closing of the Business Combination and the PIPE Financing on July 21, 2021, the Company received gross proceeds aggregating $990,983 which it used to settle certain liabilities and the remainder of which management has used to finance the ongoing operations of the business. The Company has funded its operations and capital needs primarily through the net proceeds received from capital contributions, the issuance of related party notes payable and notes payable (see Note 8, Related Party Notes Payable and Note 9, Notes Payable), the sale of Preferred and Common Stock (see Note 12, Stockholders' Equity) and the net proceeds received from the Business Combination and the PIPE Financing (see Note 3, Business Combination). The Company’s ongoing liquidity needs will depend on the extent to which the Company’s actual costs vary from the Company’s estimates and the Company’s ability to control these costs, as well as the Company’s ability to raise additional funds. The timely achievement of the Company’s operating plan as well as its ability to maintain an adequate level of liquidity are subject to various risks associated with the Company’s ability to continue to successfully close additional sources of funding, control and effectively manage its costs, as well as factors outside of the Company’s control, including those related to global supply chain disruptions, the rising prices of materials, potential impact of the COVID-19 pandemic, and general macroeconomic conditions. The Company’s forecasts and projections of working capital reflect significant judgment and estimates for which there are inherent risks and uncertainties. The Company expects to continue to generate significant operating losses for the foreseeable future. The plans are dependent on the Company being able to continue to raise significant amounts of capital through the issuance of additional notes payable and equity securities. There can be no assurance that the Company will be successful in achieving its strategic plans, that the Company’s future funding raises will be sufficient to support its ongoing operations, or that any additional financing will be available in a timely manner or on acceptable terms, if at all. If events or circumstances occur such that the Company does not meet its strategic plans, the Company will be required to reduce discretionary spending, alter or scale back vehicle development programs, be unable to develop new or enhanced production methods, or be unable to fund capital expenditures. Any such events would have a material adverse effect on the Company’s financial position, results of operations, cash flows, and ability to achieve its intended business objectives. As of June 30, 2022, the Company was in default on a related party note payable with a principal amount of $8,940. In January 2022, the Company defaulted on the Optional Notes (see Note 9, Notes Payable). The holders of the Optional Notes have waived the default. The unaudited Condensed Consolidated Financial Statements do not include any adjustments that might result from the outcome of this uncertainty. Accordingly, the unaudited Condensed Consolidated Financial Statements have been prepared on a basis that assumes the Company will continue as a going concern and which contemplates the realization of assets and satisfaction of liabilities and commitments in the ordinary course of business.

Business Combination	6 Months Ended
Business Combination	Jun. 30, 2022
Business Combination and Asset Acquisition [Abstract]
Business Combination	Business Combination On July 21, 2021, the Company consummated the Business Combination (the “Closing”). Pursuant to the terms of the Merger Agreement, Merger Sub merged with and into Legacy FF, with Legacy FF surviving the merger as a wholly-owned subsidiary of the Company. Upon the consummation of the Business Combination, the registrant changed its name from Property Solutions Acquisition Corp. to Faraday Future Intelligent Electric Inc. Commitment to Issue Class A and Class B Common Stock As part of the Closing of the Business Combination, former stockholders and noteholders of Legacy FF are required to submit a signed Company share letter of transmittal or converting debt letter of transmittal along with a lockup agreement to the Company’s transfer agent in order for shares of the Company to be issued in their name in exchange for their shares in, notes from, vendor trust or other supplier agreements with, Legacy FF. As of June 30, 2022, 20,264,715 shares of Class A Common Stock remain unissued. Until the holder of the right to receive shares of the Company’s Class A Common Stock is issued shares, that holder does not have any of the rights of a stockholder. Subsequent to June 30, 2022, the Company issued 20,264,715 shares of Class A Common Stock related to the commitment to issue shares. As of August 1, 2022, there are no shares of Class A Common Stock that have not been issued related to the commitment to issue shares. The Company determined that the commitment to issue shares of Class A and Class B Common Stock is indexed to the Company’s own equity, within the meaning in ASC 815-10-15-74 and met the scope exception to not be subject to derivative accounting under ASC 815-40-25. As such, the Company classified the commitment to issue shares of Class A and Class B Common Stock in equity. For purposes of presentation of shares outstanding in the Company’s financial statements, the unaudited Condensed Consolidated Balance Sheets and unaudited Condensed Consolidated Statements of Commitment to Issue Class A Common Stock and Stockholders’ Equity (Deficit) present legally issued and outstanding shares. For purposes of presentation of basic and diluted net loss per share in the unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss, the Company includes shares to be issued in the denominator in accordance with ASC 710-10-54-4 and ASC 260-10-45-48 as if they had been issued on the date of the merger, as such shares are non-contingent and are issuable for no consideration.

Deposits and Other Current Assets

6 Months Ended

Jun. 30, 2022

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Deposits and Other Current Assets

Deposits and other current assets consist of the following:


Deposits:	June 30, 2022		December 31, 2021
Deposits for research and development, prototype and production parts, and other	$	41,402	$	54,990
Deposits for “Future Work”	6,190		8,380
Total deposits	$	47,592	$	63,370

Other current assets:
Prepaid expenses	$	2,881	$	11,119
Other current assets	3,104		2,291
Total other current assets	$	5,985	$	13,410

During the three and six months ended June 30, 2022, the Company made deposits for research and development (“R&D”), prototype and production parts, and other with its vendors, which support the Company’s ongoing R&D efforts and operations. The Company expenses deposits as the services are provided and prototype parts are received.

Amortization expense related to the Palantir hosting arrangement and other prepaid software subscriptions totaled $2,792 and $0 for the three months ended June 30, 2022 and 2021, and $5,662 and $0 for the six months ended June 30, 2022 and 2021, respectively.

Property and Equipment, Net

6 Months Ended

Jun. 30, 2022

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

Property and equipment, net, consists of the following:


	June 30, 2022		December 31, 2021
Buildings	$	14,180	$	14,180
Computer hardware	3,112		3,051
Tooling, machinery, and equipment	9,109		8,868
Vehicles	337		337
Computer software	3,974		1,032
Leasehold improvements	383		297
Construction in process	366,517		275,048
Less: Accumulated depreciation	(10,537)		(9,678)
Total property and equipment, net	$	387,075	$	293,135

Depreciation expense related to property and equipment totaled $830 and $529 for the three months ended June 30, 2022 and 2021, respectively, and $1,620 and $1,058 for the six months ended June 30, 2022 and 2021, respectively.

Accrued Expenses and Other Current Liabilities

6 Months Ended

Jun. 30, 2022

Payables and Accruals [Abstract]

Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consist of the following:


	June 30, 2022		December 31, 2021
Accrued payroll and benefits	$	29,770	$	21,752
Accrued legal contingencies	14,808		16,881
Engineering, design and testing services received not invoiced	14,140		6,620
Deposits from customers	3,975		4,354
Due to affiliates	6,621		6,673
Obligation to issue registered shares of Class A Common Stock (1)	—		12,635
Other current liabilities	23,078		21,597
Total accrued expenses and other current liabilities	$	92,392	$	90,512

(1) The obligation to issue registered shares of Class A Common Stock was reclassified to Commitment to issue Class A Common Stock upon the adoption of ASU 2020-06 (see Note 7, Fair Value of Financial Instruments).

Fair Value of Financial Instruments

6 Months Ended

Jun. 30, 2022

Fair Value Disclosures [Abstract]

Fair Value of Financial Instruments

Fair Value Measurements

The Company applies the provisions of ASC 820, Fair Value Measurement, which defines a single authoritative definition of fair value, sets out a framework for measuring fair value and expands on required disclosures about fair value measurements. The provisions of ASC 820 relate to financial assets and liabilities as well as other assets and liabilities carried at fair value on a recurring and nonrecurring basis. The standard clarifies that fair value is an exit price representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. As a basis for considering such assumptions, the standard establishes a three-tier value hierarchy, which prioritizes the inputs used in measuring fair value as follows:

Level 1Valuations for assets and liabilities traded in active exchange markets, or interest in open-end mutual funds that allow a company to sell its ownership interest back at net asset value on a daily basis. Valuations are obtained from readily available pricing sources for market transactions involving identical assets, liabilities, or funds.

Level 2Valuations for assets and liabilities traded in less active dealer, or broker markets, such as quoted prices for similar assets or liabilities or quoted prices in markets that are not active. Level 2 instruments typically include U.S. Government and agency debt securities and corporate obligations. Valuations are usually obtained through market data of the investment itself as well as market transactions involving comparable assets, liabilities or funds.

Level 3Valuations for assets and liabilities that are derived from other valuation methodologies, such as option pricing models, discounted cash flow models or similar techniques, and not based on market exchange, dealer, or broker-traded transactions. Level 3 valuations incorporate certain assumptions and projections in determining the fair value assigned to such assets or liabilities.

Fair value estimates are made at a specific point in time based on relevant market information and information about the financial or nonfinancial asset or liability.

The Company has elected to apply the fair value option to certain notes payable with conversion features as discussed in Note 9, Notes Payable. Fair value measurements associated with the warrant liabilities, and notes payable represent Level 3 valuations under the fair value hierarchy.

Notes Payable at Fair Value

The Company has elected to measure certain notes payable at fair value issued under the Notes Purchase Agreement, as amended (“NPA”) as they contain embedded liquidation premiums with conversion rights that represent embedded derivatives (see Note 9, Notes Payable). The Company used a binomial lattice model to value the notes payable issued on June 9, 2021 and August 10, 2021 to a US-based investment firm. A binomial lattice model is widely used for valuing convertible notes. The significant assumptions used in the binomial lattice model include the risk-free rate, annual dividend yield, expected life, and volatility of the Company's stock.

The fair value adjustments related to warrant liabilities and notes payables were recorded in Change in Fair Value Measurements on the unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss.

Commitment to Issue Class A Common Stock

Upon the Closing of the Business Combination, the Company assumed an obligation of PSAC to deliver 2,387,500 registered shares of Class A Common Stock to an entity that provided consulting and advisory services in connection with the Business Combination to PSAC for no consideration. As of June 30, 2022, the Company’s registration statement covering these shares is not effective.

Prior to the adoption of ASU 2020-06, the agreement with the service provider specified that the shares to be delivered are required to be registered, which is considered to be outside of the control of the Company, and therefore this obligation failed to qualify for equity treatment under ASC 815-40-25-10, and net cash settlement was assumed.

As a result, in conjunction with recording the assets and liabilities of PSAC on the Closing of the Business Combination, the Company recorded a liability of $32,900 for the Obligation to issue registered shares of Class A Common Stock in the Consolidated Balance Sheets during the year ended December 31, 2021. As of December 31, 2021, the fair value of the liability was $12,635 resulting in a gain of $20,265 recorded in the Change in Fair value measurements in the Consolidated Statements of Operations and Comprehensive Loss for the year ended December 31, 2021.

On January 1, 2022, upon the adoption of ASU 2020-06, the requirement to consider whether settlement is required to be in registered shares is no longer required to be considered in an entity’s evaluation of net cash settlement, however ASC 480-10-S99-3a was not amended in a similar fashion and therefore the Company, as part of the adjustments due to the adoption of ASU 2020-06, reclassified the Obligation to issue registered shares of Class A Common Stock from liabilities to the Commitment to issue Class A Common Stock within temporary equity in the Condensed Consolidated Balance Sheets as of June 30, 2022.

On July 21, 2022, the Company amended its agreement with the service provider to permit the delivery of 2,387,500 unregistered shares of Class A Common Stock in satisfaction of its obligation. The shares were issued on July 22, 2022.

Recurring Fair Value Measurements

Financial assets and financial liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. The following tables present financial assets and liabilities remeasured on a recurring basis by level within the fair value hierarchy:


	June 30, 2022
	Level 1		Level 2		Level 3
Liabilities:
Notes payable	$	—	$	—	$	68,199
Private Warrants	—		—		316


	December 31, 2021
	Level 1		Level 2		Level 3
Liabilities:
Notes payable	$	—	$	—	$	161,282
Private Warrants	—		—		642
Obligation to issue registered shares of Class A Common Stock	—		—		12,635

The carrying amounts of the Company’s financial assets and liabilities, including cash, restricted cash, deposits, and accounts payable approximate fair value because of their short-term nature or contractually defined value.

The following table summarizes the activity of Level 3 fair value measurements:


	Notes Payable at Fair Value		Private Warrants		Obligation to Issue Registered Shares
Balance as of December 31, 2021	$	161,282	$	642	$	12,635
Reclassification of obligation to issue registered shares of Class A Common Stock upon adoption of ASU 2020-06	—		—		(12,635)
Changes in fair value measurements	(6,018)		(326)		—
Cash payments	(87,065)		—		—
Balance as of June 30, 2022	$	68,199	$	316	$	—

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Related Party Notes Payable

6 Months Ended

Jun. 30, 2022

Related Party Notes Payable

The Company has been significantly funded by notes payable from related parties. These related parties include employees as well as affiliates of employees, affiliates, and other companies controlled or previously controlled by the Company’s founder and Chief Product and User Ecosystem Officer.

Related party notes payable consists of the following as of June 30, 2022:


Note Name	Contractual Maturity Date	Contractual Interest Rates	Balance as of June 30, 2022		Interest Expense for the Three Months Ended June 30, 2022		Interest Expense for the Six Months Ended June 30, 2022
Related party notes – China(1)	Due on Demand	18.00%	$	8,940	$	1,313	$	1,935
Related party notes – China various other	Due on Demand	0.00%	4,022		—		—
			$	12,962	$	1,313	$	1,935

(1)As of June 30, 2022, the Company was in default on a related party note with a principal value of $8,940.

The estimated fair value of the related party notes payable, which are not carried at fair value, using inputs from Level 3 under the fair value hierarchy, was $13,967 and $13,337 as of June 30, 2022 and December 31, 2021, respectively.

Notes Payable

6 Months Ended

Jun. 30, 2022

Debt Disclosure [Abstract]

Notes Payable

The Company has entered into notes payable agreements with third parties, which consists of the following as of June 30, 2022:


	June 30, 2022
Note Name	Contractual Maturity Date	Contractual Interest Rates	Unpaid Principal Balance		Fair Value Measurement Adjustments		Original issue discount and proceeds allocated to warrants		Net Carrying Value		Interest Expense for the Three Months Ended June 30, 2022		Interest Expense for the Six Months Ended June 30, 2022
June 9, 2021 Note 1 and Note 2	December 9, 2022	0.00%	$	40,000	$	5,737	$	(9,522)	$	36,215	$	—	$	—
August 10, 2021 Optional Notes	February 10, 2023	15.00%	33,917		9,585		(11,518)		31,984		1,272		2,544
Notes payable – China various other	Due on Demand	0.00%	5,186		—		—		5,186		—		—
Auto loans	Various	Various	111		—		—		111		—		—
			$	79,214	$	15,322	$	(21,040)	$	73,496	$	1,272	$	2,544

The Company settled certain notes payable during the six months ended June 30, 2022 as follows:


	Six months ended June 30, 2022
Note Name	Contractual Maturity Date	Contractual Interest Rates	Net carrying value at 12/31/2021		Fair Value Measurement Adjustments		Payment Premium		Cash Payment
March 1, 2021 Notes(1)	March 1, 2022	14.00%	$	56,695	$	(1,695)	$	—	$	(55,000)
August 26, 2021 Notes(1)	March 1, 2022	14.00%	30,924		(924)		2,065		(32,065)
PPP Loan (2)	April 17, 2022	1.00%	193		—		—		(193)
			$	87,812	$	(2,619)	$	2,065	$	(87,258)

1.On March 1, 2021, the Company amended the NPA to permit the issuance of additional notes payable with principal amounts up to $85,000. On the same day, the Company entered into notes payable agreements with Ares for an aggregate principal of $55,000. The notes payable were collateralized by a first lien on virtually all tangible and intangible assets of the Company, bore interest at 14.0% per annum and matured on March 1, 2022. On February 25, 2022, the Company repaid the $55,000 principal amount of the March 1, 2021 Notes with accrued interest of $7,721.

On August 26, 2021, the Company exercised its option under the March 1, 2021 notes payable agreement with Ares to draw an additional principal amount of $30,000 which matured on March 1, 2022. As the August 26, 2021 Notes mature in less than one year, according to the terms of the amended NPA, the Company expected to repay them with payment premium of 14.0% (“Payment Premium”). On February 25, 2022, the Company repaid the $30,000 principal amount of the August 26, 2021 Notes, with accrued interest of $2,135 and Payment Premium of $2,065.


	June 30, 2022		December 31, 2021
March 1, 2021 Notes
Outstanding principal	$	—	$	55,000
Accrued interest	—		6,455
Interest expense for the six months ended June 30, 2022	1,266		—
Principal payments	55,000		—
Interest payments	7,721		—


	June 30, 2022		December 31, 2021
August 26, 2021 Notes
Outstanding principal	$	—	$	30,000
Accrued interest	—		1,473
Interest expense for the six months ended June 30, 2022	662		—
Principal payments	30,000		—
Interest payments	2,135		—
Payment Premium payments	2,065		—

2.In April 2022, the Company paid the remaining principal and accrued interest in an aggregate amount of $195.

Fair Value of Notes Payable Not Carried at Fair Value

The estimated fair value of the Company’s notes payable not carried at fair value, using inputs from Level 3 under the fair value hierarchy, was $5,155 and $5,350 as of June 30, 2022 and December 31, 2021, respectively.

Schedule of Principal Maturities of Notes Payable

The future scheduled principal maturities of notes payable as of June 30, 2022 are as follows:


Due on demand	$	5,186
2022	40,111
2023	33,917
	$	79,214

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-URI https://asc.fasb.org/topic&trid=2208564

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (h)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1C
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1I
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1I
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(c))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (g)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1C
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1C
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1E
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495348-112611

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1I
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (i)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

+ Details

Leases

6 Months Ended

Jun. 30, 2022

Leases [Abstract]

Leases

The Company determines if an arrangement is a lease at its commencement if the Company is both able to identify an asset and conclude the Company has the right to control the identified asset. Leases are classified as finance or operating based on the principle of whether or not the lease is effectively a financed purchase by the lessee. An ROU asset represents the Company’s right to use an underlying asset for the lease term and a lease liability represents the Company’s obligation to make lease payments related to the lease. The Company recognizes operating and finance lease ROU assets and liabilities at the commencement date based on the present value of lease payments over the lease term. The lease term includes renewal options when it is reasonably certain that the option will be exercised, and excludes termination options. The Company’s leases do not provide an implicit rate therefore, the Company uses its incremental borrowing rate based on information available at the commencement date to determine the present value of lease payments. The incremental borrowing rate used is estimated based on what the Company would be required to pay for a collateralized loan for a similar asset over a similar term. The Company’s leases do not include any material residual value guarantees, bargain purchase options, or asset retirement obligations.

To the extent that the Company’s agreements have variable lease payments, the Company includes variable lease payments that depend on an index or a rate and excludes those that depend on facts or circumstances occurring after the commencement date, other than the passage of time. Lease expense for operating leases is recognized on a straight-line basis over the lease term and is recorded in operating expenses on the Condensed Consolidated Statements of Operations and Comprehensive Loss. Amortization of right-of-use assets on finance leases is recorded on a straight-line basis within operating expenses in the Condensed Consolidated Statements of Operations. Interest expense incurred on finance lease liabilities is recorded in Interest expense on the Condensed Consolidated Statements of Operations and Comprehensive Loss. The Company has elected not to recognize ROU assets and lease liabilities that arise from short-term (12 months or less) leases for any class of underlying asset. Additionally, the Company does not separate lease and non-lease components. Operating leases are included in Right of use assets, Operating leases liabilities, current portion and Operating lease liabilities, less current portion in the Company's Condensed Consolidated Balance Sheets. Finance leases are included in Property and equipment, net, Finance lease liabilities, current portion, and Finance lease liabilities, less current portion in the Company's Condensed Consolidated Balance Sheets.

The Company’s lease arrangements consist primarily of corporate office, store, equipment, and vehicle lease agreements. The leases expire at various dates through 2032, some of which include options to extend the lease term for additional 5 years periods.

Total lease costs for the three and six months ended June 30, 2022 were:


	Three Months Ended June 30, 2022		Six Months Ended June 30, 2022
Finance lease cost
Amortization of right-of-use assets	$	91	$	182
Interest on lease liabilities	173		351
Total finance lease cost	264		533

Operating lease cost	699		1,532
Variable lease cost	267		401
Total lease cost	$	1,230	$	2,466

The following table summarizes future lease payments as of June 30, 2022:


Fiscal year	Operating Leases		Finance Leases
2022	$	2,672	$	1,287
2023	4,844		2,166
2024	5,066		1,757
2025	4,809		1,792
2026	4,751		1,828
Thereafter	11,804		1,864
Total	33,946		10,694
Less: Imputed Interest	(13,714)		(1,496)
Present value of net lease payments	$	20,232	$	9,198

Lease liability, current portion	$	2,015	$	1,903
Lease liability, net of current portion	18,217		7,295
Total lease liability	$	20,232	$	9,198

Supplemental information and non-cash activities related to operating and finance leases are as follows:


	Six Months Ended June 30, 2022
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	1,532
Operating cash flows from finance leases	351
Financing cash flows from finance leases	936
	$	2,819
Lease liabilities arising from new right-of-use assets
Operating leases	$	9,991


	As of June 30, 2022
Weighted average remaining lease term (in years)
Operating leases	6.8
Finance leases	5.2

Weighted average discount rate
Operating leases	15.5	%
Finance leases	5.9	%

Disclosures Related to Periods Prior to Adoption of the New Lease Standard:

The Company recorded rent expense of $676 and $1,225 for the three and six months ended June 30, 2021, respectively.

The minimum aggregate future obligations under non-cancelable operating leases as of December 31, 2021 were as follows:


Year ended December 31,
2022	$	2,384
2023	2,695
2024	2,775
2025	2,859
2026	2,944
Thereafter	991
	$	14,648

The Company has three capital leases, one in Hanford, California for its main production facility, and two equipment leases.

The minimum aggregate future minimum lease payments under capital leases as of December 31, 2021 were as follows:


Year ended December 31,
2022	$	2,574
2023	2,166
2024	1,757
2025	1,792
2026	1,840
Thereafter	1,864
	$	11,993

Leases

Total lease costs for the three and six months ended June 30, 2022 were:


	Three Months Ended June 30, 2022		Six Months Ended June 30, 2022
Finance lease cost
Amortization of right-of-use assets	$	91	$	182
Interest on lease liabilities	173		351
Total finance lease cost	264		533

Operating lease cost	699		1,532
Variable lease cost	267		401
Total lease cost	$	1,230	$	2,466

The following table summarizes future lease payments as of June 30, 2022:


Fiscal year	Operating Leases		Finance Leases
2022	$	2,672	$	1,287
2023	4,844		2,166
2024	5,066		1,757
2025	4,809		1,792
2026	4,751		1,828
Thereafter	11,804		1,864
Total	33,946		10,694
Less: Imputed Interest	(13,714)		(1,496)
Present value of net lease payments	$	20,232	$	9,198

Lease liability, current portion	$	2,015	$	1,903
Lease liability, net of current portion	18,217		7,295
Total lease liability	$	20,232	$	9,198

Supplemental information and non-cash activities related to operating and finance leases are as follows:


	Six Months Ended June 30, 2022
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	1,532
Operating cash flows from finance leases	351
Financing cash flows from finance leases	936
	$	2,819
Lease liabilities arising from new right-of-use assets
Operating leases	$	9,991


	As of June 30, 2022
Weighted average remaining lease term (in years)
Operating leases	6.8
Finance leases	5.2

Weighted average discount rate
Operating leases	15.5	%
Finance leases	5.9	%

Disclosures Related to Periods Prior to Adoption of the New Lease Standard:

The Company recorded rent expense of $676 and $1,225 for the three and six months ended June 30, 2021, respectively.

The minimum aggregate future obligations under non-cancelable operating leases as of December 31, 2021 were as follows:


Year ended December 31,
2022	$	2,384
2023	2,695
2024	2,775
2025	2,859
2026	2,944
Thereafter	991
	$	14,648

The Company has three capital leases, one in Hanford, California for its main production facility, and two equipment leases.

The minimum aggregate future minimum lease payments under capital leases as of December 31, 2021 were as follows:


Year ended December 31,
2022	$	2,574
2023	2,166
2024	1,757
2025	1,792
2026	1,840
Thereafter	1,864
	$	11,993

Commitments and Contingencies	6 Months Ended
Commitments and Contingencies	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Legal Matters The Company is, from time to time, subject to claims and disputes arising in the normal course of business. In the opinion of management, the outcome of any such claims and disputes cannot be predicted with certainty. On December 23, 2021, a putative class action lawsuit alleging violations of the Securities Exchange Act of 1934 was filed in the United States District Court, Central District of California, against the Company and its current Chief Executive Officer, its current Chief Product and User Ecosystem Officer, as well as the two former CFOs of the Company (one of which is also the former CFO of Legacy FF), and the Co-CEOs of PSAC. On March 7, 2022, the court appointed co-lead plaintiffs and co-lead counsel. Co-lead plaintiffs filed an amended complaint on May 6, 2022. On July 5, 2022, the defendants filed a motion to dismiss the amended complaint. The Company believes the suit is without merit and intends to vigorously defend the suit. Given the early stages of the legal proceedings, it is not possible to predict the outcome of the claims. On March 8, 2022 and March 21, 2022, putative derivative lawsuits alleging violations of the Securities Exchange Act of 1934 and various common law claims were filed in the United States District Court, Central District of California. On April 8, 2022, these two derivative lawsuits were consolidated. On May 24, 2022, the consolidated derivative actions were stayed pending resolution of a motion to dismiss in the putative class action described above. Additionally, on April 11 and April 25, 2022, putative derivative lawsuits alleging violations of the Securities Exchange Act of 1934 and various common law claims were filed in the United States District Court, District of Delaware. These lawsuits purport to assert claims on behalf of the Company against numerous current and former officers and directors of the Company. Lastly, on June 14, 2022, a verified stockholder class action complaint was filed in the Court of Chancery of the State of Delaware against, among others, the Company, its current Global CEO, its former CFO and its current Chief Product and User Ecosystem Officer alleging breaches of fiduciary duties. Given the early stages of the legal proceedings, it is not possible to predict the outcome of the claims. As of June 30, 2022 and December 31, 2021, the Company had accrued contingent liabilities of $14,808 and $16,881, respectively, within Accrued expenses and other current liabilities on the unaudited Condensed Consolidated Balance Sheets for potential financial exposure related to ongoing legal matters primarily related to breach of contracts and employment matters which are deemed both probable of loss and reasonably estimable. During the six months ending June 30, 2022, the Company settled a legal dispute for breach of lease under which the Company was named a co-defendant, in a civil action case with the plaintiff seeking damages including unpaid rent, future unpaid rent, unpaid expenses, and unpaid taxes related to the lease for a total of $6,400. Pursuant to the settlement agreement, the Company agreed to pay $1,800 in cash in January 2022 and an additional $3,400 plus 5% interest in October 2022 and was liable for the remainder of the settlement, in the amount of $1,200, in the event the co-defendants failed to make the payment in January 2022. In January 2022, the Company made the initial settlement payment of $1,800 and was relieved of the liability of $1,200. Special Committee Investigation As previously disclosed, on November 15, 2021, the Company’s Board of Directors (the “Board”) established a special committee of independent directors (“Special Committee”) to investigate allegations of inaccurate Company disclosures, including those made in an October 2021 short seller report and whistleblower allegations, which resulted in the Company being unable to timely file its third quarter 2021 Quarterly Report on Form 10-Q, Annual Report on Form 10-K for the year ended December 31, 2021 and amended Registration Statement on Form S-1 (File No. 333-258993) (the “Special Committee Investigation”). The Special Committee engaged outside independent legal counsel and a forensic accounting firm to assist with its review. On February 1, 2022, the Company announced that the Special Committee completed its review. On April 14, 2022, the Company announced the completion of additional investigative work based on the Special Committee’s findings which were performed under the direction of the Executive Chairperson, reporting to the Audit Committee. In connection with the Special Committee’s review and subsequent investigative work, the following findings were made: •In connection with the Business Combination, statements made by certain Company employees to certain investors describing the role of Yueting (“YT”) Jia, the Company’s founder and former CEO, within the Company were inaccurate and his involvement in the management of the Company post-Business Combination was more significant than what had been represented to certain investors. •The Company’s statements leading up to the Business Combination that it had received more than 14,000 reservations for the FF 91 vehicle were potentially misleading because only several hundred of those reservations were paid, while the others (totaling 14,000) were unpaid indications of interest. •Consistent with the Company’s previous public disclosures regarding identified material weaknesses in its internal control over financial reporting, the Company’s internal control over financial reporting requires an upgrade in personnel and systems. •The Company’s corporate culture failed to sufficiently prioritize compliance. •Mr. Jia’s role as an intermediary in leasing certain properties which were subsequently leased to the Company was not disclosed in the Company’s corporate housing disclosures. •In preparing the Company’s related party transaction disclosures, the Company failed to investigate and identify the sources of loans received from individuals and entities associated with Company employees. In addition, the investigation found that certain individuals failed to fully disclose to individuals involved in the preparation of the Company’s SEC filings their relationships with certain related parties and affiliated entities in connection with, and following, the Business Combination, and failed to fully disclose relevant information, including but not limited to, information in connection with related parties and corporate governance to the Company’s independent registered public accounting firm PricewaterhouseCoopers LLP. The investigation also found that certain individuals failed to cooperate and withheld potentially relevant information in connection with the Special Committee Investigation. Many of such individuals were not executive officers or members of the management team of FF, and remedial action was taken with respect to such individuals based on the extent of non-cooperation and/or withholding of information. The failure to cooperate with the investigation was taken into consideration in connection with the remedial actions outlined below with respect to Jerry Wang, and withholding of information also affected the remedial action taken with respect to Matthias Aydt. Based on the results of the investigation, the Special Committee concluded that, except as described above, other substantive allegations of inaccurate FF disclosures that it evaluated, were not supported by the evidence reviewed. Although the investigation did not change any of the above findings with respect to the substantive allegations of inaccurate FF disclosures, the investigation did confirm the need for remedial actions to help ensure enhanced focus on compliance and disclosure within FF. Based on the results of the Special Committee Investigation and subsequent investigative work described above, the Board approved the following remedial actions: •certain remedial actions designed to enhance oversight and corporate governance of the Company, namely the following: •the appointment of Susan Swenson, a member of the Board, to the newly created position of Executive Chairperson of FF; •Carsten Breitfeld, FF’s Chief Executive Officer, reporting directly to Ms. Swenson and receiving a 25% annual base salary reduction; •the removal of Mr. Jia as an executive officer, although continuing in his position as Chief Product & User Ecosystem Officer of the Company. Certain dual-reporting arrangements were eliminated with respect to Mr. Jia, and he is required to report directly to Ms. Swenson, a non-independent director nominated by FF Top. Mr. Jia also received a 25% annual base salary reduction, and his role was limited from a policy-making position to focusing on (a) Product and Mobility Ecosystem and (b) Internet, Artificial Intelligence, and Advanced R&D technology; •Matthias Aydt, Senior Vice President, Business Development and Product Definition and a director of the Company, being placed on probation as an executive officer for a six-month period, during which period he will remain as a non-independent member of the Board; •the appointment of Jordan Vogel as Lead Independent Director; certain changes to the composition of Board committees, including Brian Krolicki stepping down from his role as Chairman of the Board and Chair of the Nominating and Corporate Governance Committee and becoming a member of the Audit and Compensation Committees of the Board; Jordan Vogel stepping down from the Nominating and Corporate Governance Committee; and Scott Vogel becoming the Chair of the Audit Committee and the Nominating and Corporate Governance Committee of the Board; and •the suspension without pay of Jiawei (“Jerry”) Wang, the Company’s former Vice President, Global Capital Markets, who subsequently notified the Board of his decision to resign from FF on April 10, 2022; •the assessment and enhancement of FF’s policies and procedures regarding financial accounting and reporting and the upgrading of FF’s internal control over financial accounting and reporting, including by hiring additional financial reporting and accounting support, in each case at the direction of the Audit Committee; •the implementation of enhanced controls around FF’s contracting and related party transactions, including regular attestations by FF’s employees with authority to bind FF to contracts and related party transactions, for purposes of enabling FF to make complete and accurate disclosures regarding related party transactions; •the hiring of a Chief Compliance Officer, who reports on a dotted line to the Chair of the Audit Committee, and assessing and enhancing FF’s compliance policies and procedures; •the implementation of a comprehensive training program for all directors and officers regarding, among other things, internal FF policies; •the separation of Jarret Johnson, FF’s Vice President, General Counsel and Secretary; and •certain other disciplinary actions and terminations of employment with respect to other FF employees (none of whom is an executive officer). As of the date hereof, FF is continuing to implement the remedial actions approved by the Board. However, no assurance can be provided that such remedial measures will be implemented in a timely manner or will be successful to prevent inaccurate disclosures in the future. SEC Investigation Subsequent to the Company announcing the completion of the Special Committee investigation on February 1, 2022, the Company, certain members of the management team and employees of the Company received a notice of preservation and subpoena from the staff of the SEC stating that the SEC had commenced a formal investigation relating to the matters that were the subject of the Special Committee investigation. The Company, which had previously voluntarily contacted the SEC in connection with the Special Committee investigation in October 2021, is cooperating fully with the SEC’s investigation. The outcome of such an investigation is difficult to predict. FF has incurred, and may continue to incur, significant expenses related to legal and other professional services in connection with the SEC investigation. At this stage, FF is unable to assess whether any material loss or adverse effect is reasonably possible as a result of the SEC’s investigation or estimate the range of any potential loss. In addition, in June 2022, FF received a preliminary request for information from the U.S. Department of Justice in connection with the matters that were the subject of the Special Committee Investigation, and FF is in the process of responding to, and intends to fully cooperate with, such request.

Stockholders’ Equity

6 Months Ended

Jun. 30, 2022

Equity [Abstract]

Stockholders’ Equity

The number of authorized, issued and outstanding stock, were as follows:


	June 30, 2022
	Authorized Shares	Issued Shares	Shares to be Issued	Total Issued and to be Issued Shares
Preferred Stock	10,000,000	—	—	—
Class A Common Stock	750,000,000	238,543,475	20,264,715	258,808,190
Class B Common Stock	75,000,000	64,000,588	—	64,000,588
	835,000,000	302,544,063	20,264,715	322,808,778


	December 31, 2021
	Authorized Shares	Issued Shares	Shares to be Issued	Total Issued and to be Issued Shares
Preferred Stock	10,000,000	—	—	—
Class A Common Stock	750,000,000	168,693,323	89,152,130	257,845,453
Class B Common Stock	75,000,000	—	64,000,588	64,000,588
	835,000,000	168,693,323	153,152,718	321,846,041

Warrants

The number of outstanding warrants to purchase the Company’s Class A Common Stock as of June 30, 2022 and December 31, 2021 were as follows:


	Number of Warrants	Exercise Price		Expiration Date
Public Warrants	22,977,568	$	11.50	July 21, 2026
Private Warrants(1)	674,551	$	11.50	July 21, 2026
Other warrants	4,544,258	$	10.00	Various through August 10, 2028
Total	28,196,377

(1) The Private Warrants are recorded in Other liabilities, less current portion in the unaudited Condensed Consolidated Balance Sheets as of June 30, 2022 and December 31, 2021.

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-URI https://asc.fasb.org/topic&trid=2208762

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 14
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 14
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI https://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 18
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (g)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 18
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (h)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
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-Section 50
-Paragraph 14
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-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 18
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-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 16
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496180-112644

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (i)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(e)(1))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
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-Section 50
-Paragraph 6
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126731327&loc=SL126733271-114008

+ Details

Stock-Based Compensation

6 Months Ended

Jun. 30, 2022

Share-Based Payment Arrangement [Abstract]

Stock-Based Compensation

2021 SI Plan

In July 2021, the Company adopted the 2021 Stock Incentive Plan (“2021 SI Plan”). The 2021 SI Plan allows the Board of Directors to grant up to 49,573,570 incentive and nonqualified stock options, restricted shares, unrestricted shares, restricted share units, and other stock-based awards for the Company’s Class A Common Stock to employees, directors, and non-employees. The number of shares of Class A Common Stock available under the 2021 SI Plan will increase annually on the first day of each calendar year, beginning with the calendar year ending December 31, 2022, and continuing until (and including) the calendar year ending December 31, 2031. Annual increases are equal to the lesser of (i) 5 percent of the number of shares of Class A Common Stock issued and outstanding on December 31 of the immediately preceding fiscal year and (ii) an amount determined by the Board of Directors. As of the effective date of the 2021 SI Plan, no further stock awards have been or will be granted under the EI Plan or STI Plan.

As of June 30, 2022, the Company had 45,310,505 shares of Class A Common Stock available for future issuance under its 2021 SI Plan.

A summary of the Company’s stock option activity under the SI Plan is as follows:


	Number of Options	Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)	Aggregate Intrinsic Value
Outstanding as of December 31, 2021	—
Granted	4,347,492	5.15
Exercised	—
Cancelled/forfeited	(84,427)	5.32
Outstanding as of June 30, 2022	4,263,065	$	5.15	9.55	$	—

The weighted-average assumptions used in the Black-Scholes option pricing model for awards granted during the three months ended June 30, 2022 are as follows:



Risk-free interest rate:	1.61	%
Expected term (in years):	7.01
Expected volatility:	43.50	%
Dividend yield:	0.00	%

As of June 30, 2022, the total remaining stock-based compensation expense for unvested stock options was $5,022, which is expected to be recognized over a weighted average period of 2.58 years.

EI Plan

On February 1, 2018, the Board of Directors adopted the Equity Incentive Plan (“EI Plan”), under which the Board of Directors authorized the grant of up to 42,390,000 incentive and nonqualified stock options, restricted stock, unrestricted stock, restricted stock units, and other stock-based awards for Legacy FF’s Class A Ordinary Stock to employees, directors, and non-employees.

A summary of the Company’s stock option activity under the EI Plan is as follows:


	Number of Options	Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)	Aggregate Intrinsic Value
Outstanding as of December 31, 2021	31,962,921	$	2.81	7.77	$	86,075
Granted	—
Exercised	(477,001)	2.49			950
Cancelled/forfeited	(3,274,099)	2.48
Outstanding as of June 30, 2022	28,211,821	$	2.80	7.08	$	3,101

As of June 30, 2022, the total remaining stock-based compensation expense for unvested stock options was $9,989, which is expected to be recognized over a weighted average period of 2.65 years.

STI Plan

The Special Talent Incentive Plan (“STI Plan”) allows the Board of Directors to grant up to 14,130,000 incentive and nonqualified stock options, restricted shares, unrestricted shares, restricted share units, and other stock-based awards for Legacy FF’s Class A Ordinary Stock to employees, directors, and non-employees.

The STI Plan does not specify a limit on the number of stock options that can be issued under the plan. Per the terms of the STI Plan, the Company must reserve and keep available a sufficient number of shares to satisfy the requirements of the STI Plan.

A summary of the Company’s stock option activity under the STI Plan is as follows:


	Number of Options	Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)	Aggregate Intrinsic Value
Outstanding as of December 31, 2021	9,526,727	$	5.55	8.0	$	13,905
Granted	—
Exercised	(485,735)	2.41			1,678
Cancelled/forfeited	(785,520)	8.05
Outstanding as of June 30, 2022	8,255,472	$	5.71	8.14	$	432

As of June 30, 2022, the total remaining stock-based compensation expense for unvested stock options was $6,082, which is expected to be recognized over a weighted average period of approximately 3.71 years.

The following table presents stock-based compensation expense included in each respective expense category in the unaudited Condensed Consolidated Statements of Operations and Other Comprehensive Loss:


	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Research and development	$	3,078	$	1,070	$	4,701	$	1,661
Sales and marketing	251		306		625		505
General and administrative	(202)		(428)		1,148		1,302
	$	3,127	$	948	$	6,474	$	3,468

Net Loss per Share

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Net Loss per Share

Net Loss Per Share Attributable to Common Stockholders

Basic net loss per share attributable to common stockholders is calculated by dividing net loss attributable to common stockholders by the weighted-average number of shares issued and shares to be issued under the commitment to issue shares, as these shares are issuable for no consideration.

Diluted net loss per share attributable to common stockholders adjusts the basic net loss per share attributable to common stockholders and the weighted-average number of shares issued and shares to be issued under the commitment to issue shares for potentially dilutive instruments.

For purposes of presentation of basic and diluted net loss per share, the Company includes shares to be issued in the denominator in accordance with ASC 710-10-54-4 and ASC 260-10-45-48 as if they had been issued on the date of the merger, as such shares are non-contingent and are issuable for no consideration (see Note 3, Business Combination).

The net loss per common share was the same for the Class A and Class B Common Stock because they are entitled to the same liquidation and dividend rights and are therefore, combined on the unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss for the three and six months ended June 30, 2022 and 2021.

Because the Company reported net losses for all periods presented, all potentially dilutive Common Stock equivalents were determined to be antidilutive for those periods and have been excluded from the calculation of net loss per share.

The following table presents the number of anti-dilutive shares excluded from the calculation of diluted net loss per share as of the following dates:


	June 30, 2022	June 30, 2021
Stock-based compensation awards – SI Plan	4,263,065	—
Stock-based compensation awards – EI Plan	28,211,821	31,125,216
Stock-based compensation awards – STI Plan	8,255,472	9,285,845
Public Warrants	22,977,568	—
Private Warrants	674,551	—
Other warrants	4,544,258	3,357,175
Convertible notes payable	9,009,166	9,009,166
Total	77,935,901	52,777,402

Subsequent Events	6 Months Ended
Subsequent Events	Jun. 30, 2022
Subsequent Events [Abstract]
Subsequent Event	Subsequent Events The Company evaluated subsequent events and transactions that occurred after the balance sheet date up to the date that the unaudited Condensed Consolidated Financial Statements were issued. Other than as described below and in Note 3, Business Combination and Note 7, Fair Value of Financial Instruments, the Company did not identify any subsequent events that would have required adjustment or disclosure in the unaudited Condensed Consolidated Financial Statements. Amended ATW Convertible Notes On July 26, 2022, the Company entered into an agreement (the “Amendment”) with FF Aventuras SPV XI, LLC, FF Adventures SPV XVIII LLC, FF Ventures SPV IX LLC and FF Venturas SPV X LLC, entities affiliated with ATW Partners LLC (collectively, the “Investors”), to extend the maturity date, adjust the conversion price and otherwise amend the terms (as described further below) of certain existing convertible promissory notes (the “Notes”) held by the Investors with a combined original aggregate principal amount of approximately $73.9 million. The Notes were issued in 2021 to the Investors pursuant to the Second Amended and Restated Note Purchase Agreement, dated as of October 9, 2020 (as amended from time to time, the “NPA”), among certain subsidiaries of the Company and guarantors party thereto, U.S. Bank National Association, as the notes agent, Birch Lake Fund Management, LP, as the collateral agent, and the note purchasers party thereto. Pursuant to the Amendment: (a)the maturity date of each of the Notes was extended to October 31, 2026. This extension does not, however, defer the accrual of interest to the new maturity date. Interest shall accrue on the Notes at 10% per annum following February 10, 2023; (b)the conversion price of each of the Notes was adjusted to equal the lesser of (x) $10.00, (y) 95% of the per share daily volume weighted average prices (“VWAPs”) of the Company’s common stock during the 30 trading days immediately prior to the applicable conversion date and (z) the lowest effective price per share of common stock (or equivalents) issued or issuable by the Company in any financing of debt or equity after July 26, 2022, subject to possible adjustment as set forth therein (the “Set Price”). However, from July 26, 2022 to December 30, 2022, the conversion price of each of the Notes is equal to the lesser of (i) the Set Price, and (ii) 92% of the lowest of the VWAPs during the seven (7) trading days immediately prior to the applicable conversion date; (c)a “forced conversion” feature was added to each of the Notes that allows the Company, on or after December 31, 2022, to cause the conversion of all or part of, in the aggregate among all of the Notes, up to $35 million principal amount of the Notes less any principal amount of the Notes voluntarily converted by the holder thereof after July 26, 2022, subject to certain conditions as set forth in the Amendment; (d)the date by which the Investors must exercise their option to purchase additional “Subordinated Intermediate Last Out Optional Notes” from the Company under the terms of the NPA was extended to July 20, 2023; and (e)within 45 days of the date on which at least $50 million in senior secured convertible term loans have been funded to the Company by the Investors or their affiliates under the “Tranche A Loans” facility (the “Tranche A Facility”) (which funding by the Investors or their affiliates is conditioned upon the Company obtaining binding commitments for at least $100 million in additional financing) (the “Collateral Trigger Date”), subject to agreement by the Company and the Investors on the terms of such Tranche A Facility, the Amendment provides that the Company and the Investors will enter into a security agreement to secure the obligations under the Notes with a junior lien on substantially all of the assets that secure the Tranche A Facility. New ATW Financing On August 14, 2022, the Company entered into a Securities Purchase Agreement (the “SPA”) with FF Simplicity Ventures LLC, an affiliate of ATW Partners LLC, and in its capacity as administrative agent and collateral agent, and certain purchasers, including FF Simplicity Ventures LLC (collectively with additional purchasers from time to time party thereto, the “Purchasers”), to issue and sell $52 million in aggregate principal amount of the Company’s senior secured convertible notes, in each case upon the satisfaction of certain closing conditions, in multiple tranches, as follows: $27 million initially (the “Initial Bridge Notes”); $10 million on the 20th business day following the closing of the Initial Bridge Notes (the “Second Bridge Notes”); and $15 million (the “Third Bridge Notes” and with the Initial Bridge Notes and the Second Bridge Notes, the “Bridge Notes”) on or prior to October 11, 2022. Under the SPA, the Company is permitted to obtain incremental senior secured convertible notes in an aggregate principal amount of $248 million within 90 days after the closing of the Initial Bridge Notes, which incremental senior secured notes have not been committed by any additional Purchasers as of the date hereof (the “Incremental Notes” and together with the Bridge Notes, the “New Notes”). The Company is in active discussions with several potential additional Purchasers of the New Notes and other debt and equity investments in the Company, but there is no assurance that any additional New Notes will be issued under the SPA. The New Notes are subject to an original issue discount of 10%, and are convertible into shares of the Company’s Class A common stock at a conversion price equal to $2.69 (or $2.2865 for the Initial Bridge Notes and up to an additional $31 million of additional New Notes to the extent committed on or prior to August 17, 2022 and funded on or prior to August 19, 2022), plus an interest make-whole amount as set forth in the New Notes, subject to customary adjustments, including full ratchet anti-dilution protection. The shares of the Company’s Class A common stock issuable upon conversion of the New Notes are not transferable for six months without the prior written consent of the Company (which consent shall not be unreasonably withheld). The New Notes are secured by the grant of a first priority perfected lien upon substantially all of the personal and real property of the Company and its subsidiaries, as well as guaranty by substantially all of the Company’s domestic subsidiaries. The New Notes mature on August 15, 2026 or earlier under certain conditions set forth in the SPA. The New Notes accrue interest at 10% per annum, provided that, subject to certain conditions set forth in the SPA, the Company may elect to pay such interest in Company Class A common stock if the Company also pays the Purchasers an additional cash interest payment equal to 5% per annum. Except in the case of a mandatory prepayment pursuant to the SPA, if any of the New Notes are prepaid, repaid, reduced, refinanced, or replaced in whole or in part prior to the August 15, 2026 maturity date, then the Company shall pay to the Purchaser a “Premium Percentage” in an amount ranging from 0% to 10% of the principal amount of such Note(s) as determined in accordance with a schedule set forth in the SPA. Pursuant to the SPA, each Purchaser that then owns at least $25 million principal amount of New Notes (when aggregated with any affiliates of such Purchaser) shall have customary preemptive rights to participate in any future financing by the Company as provided in the SPA. The Company agreed to use commercially reasonable efforts to seek The Nasdaq Stock Market LLC’s (“Nasdaq”) financial viability exception pursuant to Nasdaq Rule 5653(f) for the issuance of the Bridge Notes as soon as possible following the signing of the SPA. As a closing condition under the SPA for funding of each of the Bridge Notes, the Company is required to deliver to each of the Purchasers a warrant (a “Warrant”) registered in the name of such Purchaser to purchase up to a number of shares of the Company’s Class A common stock equal to 33% of such shares issuable to such Purchaser upon conversion of the Note, with an exercise price equal to $5.00 per share, subject to customary weighted average anti-dilution protection and other adjustments, and are exercisable for seven years on a cash or cashless basis. The Company may repurchase the Warrants for $0.01 per Warrant share if and to the extent the volume weighted average prices of the Company’s Class A common stock during 20 of out 30 trading days prior to the repurchase is greater than $15.00 per share, subject to certain additional conditions. The Company is required to use commercially reasonable efforts to efforts to (i) file, within 90 calendar days of the date of the SPA or as soon as practicable thereafter, a registration statement on the appropriate form providing for the resale by the Purchasers of the shares of Class A common stock issuable upon exercise of the Warrants and conversion of the New Notes, (ii) cause such registration statement to become effective within 180 days following the date of the SPA and (iii) maintain the effectiveness of such registration statement at all times until each Purchaser no longer owns any Warrants or New Notes or shares of Class A common stock issuable upon exercise or conversion thereof. Each Purchaser has the option, from time to time for 12 months after the effective date of the aforementioned registration statement, to purchase additional senior secured convertible notes (referred to as “Tranche B Notes”) and Warrants of the Company on the same terms as the Incremental Notes in an aggregate amount not to exceed the initial principal amount of the Bridge Notes and Incremental Notes issued to such Purchaser, subject to certain conditions.

Nature of Business and Organization and Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Principles of Consolidation	The Company consolidates the financial statements of all entities in which it has a controlling financial interest, including the accounts of any Variable Interest Entity (“VIE”) in which the Company has a controlling financial interest and for which it is the primary beneficiary. All intercompany transactions and balances have been eliminated upon consolidation.
Basis of Presentation	The unaudited Condensed Consolidated Financial Statements have been prepared in conformity with generally accepted accounting principles in the United States (“GAAP”) for interim financial information and are unaudited. These unaudited Condensed Consolidated Financial Statements do not include all disclosures that are normally included in annual audited financial statements prepared in accordance with GAAP and should be read in conjunction with the Company’s audited Consolidated Financial Statements for the year ended December 31, 2021, included in the Company’s Form 10-K filed with Securities and Exchange Commission (“SEC”) on May 13, 2022 (the “Form 10-K”). Accordingly, the Condensed Consolidated Balance Sheet as of December 31, 2021, has been derived from the Company’s annual audited Consolidated Financial Statements but does not contain all of the footnote disclosures from the annual financial statements. In the opinion of the Company, the unaudited Condensed Consolidated Financial Statements contain all adjustments, consisting of only normal recurring adjustments, necessary for a fair statement of its financial position, its results of operations, and cash flows for the periods presented. The accounting policies used in the preparation of these unaudited Condensed Consolidated Financial Statements are the same as those disclosed in the audited Consolidated Financial Statements for the year ended December 31, 2021, included in the Form 10-K, except as described below.
Reclassification	Reclassification The Company reclassified certain amounts in the Condensed Consolidated Financial Statements to conform to the current period's presentation.
Revision	Revision As previously disclosed in the Company’s annual financial statements for the fiscal year ended December 31, 2021, in connection with the findings of the Special Committee Investigation, the Company found misclassifications in the unaudited Condensed Consolidated Financial Statements for the three and six months ended June 30, 2021, resulting in an overstatement of interest expense and understatement of related party interest expense of $687 and $1,369, respectively. The misstatements did not affect any subtotals or totals on the Condensed Consolidated Statements of Operations and Comprehensive Loss for the three and six months ended June 30, 2021. The Company concluded that such misstatements were not material to the previously issued financial statements, however, the Condensed Consolidated Statements of Operations and Comprehensive Loss for the three and six months ended June 30, 2021 have been revised to correct for these misstatements.
Use of Estimates	Use of Estimates The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions, which affect the reported amounts in the financial statements. Estimates are based on historical experience, where applicable, and other assumptions which management believes are reasonable under the circumstances. On an ongoing basis, management evaluates its estimates, including those related to the: (i) realization of tax assets and estimates of tax liabilities; (ii) valuation of equity securities; (iii) recognition and disclosure of contingent liabilities, including litigation reserves; (iv) fair value of related party notes payable and notes payable; (v) estimated useful lives and impairment of long-lived assets; (vi) fair value of options granted to employees and non-employees; (vii) fair value of warrants, and (viii) incremental borrowing rate used to measure operating lease liabilities. Such estimates often require the selection of appropriate valuation methodologies and financial models and may involve significant judgment in evaluating ranges of assumptions and financial inputs. Actual results may differ from those estimates. As of the date the Company’s unaudited Condensed Consolidated Financial Statements were issued, the Company is not aware of any specific event or circumstance that would require it to update its estimates or judgments or to revise the carrying value of its assets or liabilities. However, these estimates and judgments may change as new events occur and additional information is obtained, which may result in changes being recognized in the Company’s condensed consolidated financial statements in future periods. While the Company considered the effects of COVID-19 on its estimates and assumptions, due to the level of uncertainty regarding the economic and operational impacts of COVID-19 on the Company’s business, there may be other judgments and assumptions that the Company has not considered. Such judgments and assumptions could result in a material impact on the Company’s financial statements in future periods. Actual results could differ from these estimates and any such differences may have a material impact on the Company’s Condensed Consolidated Financial Statements.
Income Tax	Income Tax The Company recorded an income tax provision of $9 for the three and six months ended June 30, 2022 and $3 for the six months ended June 30, 2021, on the unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss. The difference in the Company’s effective tax rate from the federal statutory rate of 21% is due to the ratio of domestic and international loss before taxes. The Company records a valuation allowance to reflect limited benefits for income taxes in jurisdictions that historically reported losses and a provision for income taxes in jurisdictions that are profitable. The income tax provision for each period was the combined calculated tax expenses/benefits for various jurisdictions. The Company is subject to taxation and files income tax returns with the U.S. federal government, California and China. As of June 30, 2022, the 2017 through 2021 federal returns and 2017 through 2021 state returns are open to examination. The Company’s 2017 and 2018 federal returns are currently under audit by the Internal Revenue Service (“IRS”). The Company is not under any tax audits on its China tax returns. All of the prior year tax returns, from 2016 through 2021, are open under China tax law.
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-02, Leases (Topic 842) (“Topic 842”), which outlines a comprehensive lease accounting model that supersedes the previous lease guidance. The guidance requires lessees to recognize lease liabilities and corresponding right-of-use assets for all leases with lease terms greater than 12 months. It also changes the definition of a lease and expands the disclosure requirements of lease arrangements. In July 2018, the FASB issued ASU 2018-11, Leases (Topic 842) - Targeted Improvements, which provides the option of an additional transition method that allows entities to initially apply the new lease guidance at the adoption date and recognize a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The Company adopted the standard on January 1, 2022 using the modified retrospective basis and recorded operating lease right-of-use assets (“ROU”) of $11,191 and operating lease liabilities of $11,191 on that date. As part of this adoption, the Company reclassified the deferred gain related to a previous sale and leaseback of $3,393 to accumulated deficit. The Company elected to apply the package of practical expedients permitted under the transition guidance within ASC 842 which does not require reassessment of initial direct costs, reassessment of the classification of leases as operating or financing, or reassessment of the definition of a lease (see Note 10, Leases). Finance lease liabilities and related property and equipment assets did not change as a result of the adoption of this standard. In August 2020, the FASB issued ASU 2020-06, Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity (“ASU 2020-06”). The ASU simplifies the accounting for convertible instruments by removing certain separation models in ASC 470- 20, Debt — Debt with Conversion and Other Options, for convertible instruments. The ASU updates the guidance on certain embedded conversion features that are not required to be accounted for as derivatives under Topic 815, Derivatives and Hedging, or that do not result in substantial premiums accounted for as paid-in capital, such that those features are no longer required to be separated from the host contract. The convertible debt instruments will be accounted for as a single liability measured at amortized cost. Further, the ASU made amendments to the earnings per share guidance in Topic 260 for convertible instruments, the most significant impact of which is requiring the use of the if-converted method for the diluted EPS calculation, and no longer allowing the net share settlement method. The ASU also made revisions to Topic 815-40, which provides guidance on how an entity must determine whether a contract qualifies for a scope exception from derivative accounting. The amendments to Topic 815-40 change the scope of contracts that are recognized as assets or liabilities. ASU 2020-06 is effective for interim and annual periods beginning after December 15, 2023, with early adoption permitted. Adoption of the ASU can either be on a modified retrospective or full retrospective basis. The Company adopted the standard on January 1, 2022 on a modified retrospective basis and reclassified the Obligation to issue registered shares of Class A Common Stock of $12,635 from Accrued expenses and other current liabilities and reclassified $20,265 from Accumulated deficit to Commitment to issue Class A Common Stock on the Condensed Consolidated Balance Sheets. In May 2021, the FASB issued ASU 2021-04, Issuer’s Accounting for Certain Modifications or Exchanges of Freestanding Equity-Classified Written Call Options (“ASU 2021-04”). The ASU clarifies and reduces diversity in an issuer’s accounting for modifications or exchanges of freestanding equity-classified written call options (for example, warrants) that remain equity classified after modification or exchange. The ASU made amendments to the earnings per share guidance in Topic 260 for an issuer’s accounting for modifications or exchanges of freestanding equity-classified written call options. Further, the ASU made amendments to the Debt—Modifications and Extinguishments guidance in Topic 470-50. The ASU also added references to revised guidance within Topic 505 and 718. Additionally, the ASU made additions to Topic 815-40 related to the issuer’s accounting for modifications or exchanges of freestanding equity-classified written call options. ASU 2021-04 is effective for interim and annual periods beginning after December 15, 2021, with early adoption permitted. Adoption of the amendments in the ASU should be applied prospectively to modifications or exchanges occurring on or after the effective date of the amendments. The Company adopted the standard as of January 1, 2022. There was an immaterial effect on the condensed consolidated financial statements as a result of the adoption of ASU 2021-04.
Fair Value Measurements	Fair Value Measurements The Company applies the provisions of ASC 820, Fair Value Measurement, which defines a single authoritative definition of fair value, sets out a framework for measuring fair value and expands on required disclosures about fair value measurements. The provisions of ASC 820 relate to financial assets and liabilities as well as other assets and liabilities carried at fair value on a recurring and nonrecurring basis. The standard clarifies that fair value is an exit price representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. As a basis for considering such assumptions, the standard establishes a three-tier value hierarchy, which prioritizes the inputs used in measuring fair value as follows: Level 1Valuations for assets and liabilities traded in active exchange markets, or interest in open-end mutual funds that allow a company to sell its ownership interest back at net asset value on a daily basis. Valuations are obtained from readily available pricing sources for market transactions involving identical assets, liabilities, or funds. Level 2Valuations for assets and liabilities traded in less active dealer, or broker markets, such as quoted prices for similar assets or liabilities or quoted prices in markets that are not active. Level 2 instruments typically include U.S. Government and agency debt securities and corporate obligations. Valuations are usually obtained through market data of the investment itself as well as market transactions involving comparable assets, liabilities or funds. Level 3Valuations for assets and liabilities that are derived from other valuation methodologies, such as option pricing models, discounted cash flow models or similar techniques, and not based on market exchange, dealer, or broker-traded transactions. Level 3 valuations incorporate certain assumptions and projections in determining the fair value assigned to such assets or liabilities. Fair value estimates are made at a specific point in time based on relevant market information and information about the financial or nonfinancial asset or liability.
Net Loss Per Share Attributable to Common Stockholders	Net Loss Per Share Attributable to Common Stockholders Basic net loss per share attributable to common stockholders is calculated by dividing net loss attributable to common stockholders by the weighted-average number of shares issued and shares to be issued under the commitment to issue shares, as these shares are issuable for no consideration. Diluted net loss per share attributable to common stockholders adjusts the basic net loss per share attributable to common stockholders and the weighted-average number of shares issued and shares to be issued under the commitment to issue shares for potentially dilutive instruments. For purposes of presentation of basic and diluted net loss per share, the Company includes shares to be issued in the denominator in accordance with ASC 710-10-54-4 and ASC 260-10-45-48 as if they had been issued on the date of the merger, as such shares are non-contingent and are issuable for no consideration (see Note 3, Business Combination).

Deposits and Other Current Assets (Tables)

6 Months Ended

Jun. 30, 2022

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Schedule of deposits and other current assets

Deposits and other current assets consist of the following:


Deposits:	June 30, 2022		December 31, 2021
Deposits for research and development, prototype and production parts, and other	$	41,402	$	54,990
Deposits for “Future Work”	6,190		8,380
Total deposits	$	47,592	$	63,370

Other current assets:
Prepaid expenses	$	2,881	$	11,119
Other current assets	3,104		2,291
Total other current assets	$	5,985	$	13,410

Property and Equipment, Net (Tables)

6 Months Ended

Jun. 30, 2022

Property, Plant and Equipment [Abstract]

Schedule of property and equipment, net

Property and equipment, net, consists of the following:


	June 30, 2022		December 31, 2021
Buildings	$	14,180	$	14,180
Computer hardware	3,112		3,051
Tooling, machinery, and equipment	9,109		8,868
Vehicles	337		337
Computer software	3,974		1,032
Leasehold improvements	383		297
Construction in process	366,517		275,048
Less: Accumulated depreciation	(10,537)		(9,678)
Total property and equipment, net	$	387,075	$	293,135

Accrued Expenses and Other Current Liabilities (Tables)

6 Months Ended

Jun. 30, 2022

Payables and Accruals [Abstract]

Schedule of Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consist of the following:


	June 30, 2022		December 31, 2021
Accrued payroll and benefits	$	29,770	$	21,752
Accrued legal contingencies	14,808		16,881
Engineering, design and testing services received not invoiced	14,140		6,620
Deposits from customers	3,975		4,354
Due to affiliates	6,621		6,673
Obligation to issue registered shares of Class A Common Stock (1)	—		12,635
Other current liabilities	23,078		21,597
Total accrued expenses and other current liabilities	$	92,392	$	90,512

Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2022

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities Measured on Recurring Basis

The following tables present financial assets and liabilities remeasured on a recurring basis by level within the fair value hierarchy:


	June 30, 2022
	Level 1		Level 2		Level 3
Liabilities:
Notes payable	$	—	$	—	$	68,199
Private Warrants	—		—		316


	December 31, 2021
	Level 1		Level 2		Level 3
Liabilities:
Notes payable	$	—	$	—	$	161,282
Private Warrants	—		—		642
Obligation to issue registered shares of Class A Common Stock	—		—		12,635

Summary of Activity for Level 3 Fair Value Measurements

The following table summarizes the activity of Level 3 fair value measurements:


	Notes Payable at Fair Value		Private Warrants		Obligation to Issue Registered Shares
Balance as of December 31, 2021	$	161,282	$	642	$	12,635
Reclassification of obligation to issue registered shares of Class A Common Stock upon adoption of ASU 2020-06	—		—		(12,635)
Changes in fair value measurements	(6,018)		(326)		—
Cash payments	(87,065)		—		—
Balance as of June 30, 2022	$	68,199	$	316	$	—

Related Party Notes Payable (Tables)

6 Months Ended

Jun. 30, 2022

Schedule of Related Party Notes Payable

Related party notes payable consists of the following as of June 30, 2022:


Note Name	Contractual Maturity Date	Contractual Interest Rates	Balance as of June 30, 2022		Interest Expense for the Three Months Ended June 30, 2022		Interest Expense for the Six Months Ended June 30, 2022
Related party notes – China(1)	Due on Demand	18.00%	$	8,940	$	1,313	$	1,935
Related party notes – China various other	Due on Demand	0.00%	4,022		—		—
			$	12,962	$	1,313	$	1,935

(1)As of June 30, 2022, the Company was in default on a related party note with a principal value of $8,940.

Notes Payable (Tables)

6 Months Ended

Jun. 30, 2022

Debt Disclosure [Abstract]

Schedule of Notes Payable

The Company has entered into notes payable agreements with third parties, which consists of the following as of June 30, 2022:


	June 30, 2022
Note Name	Contractual Maturity Date	Contractual Interest Rates	Unpaid Principal Balance		Fair Value Measurement Adjustments		Original issue discount and proceeds allocated to warrants		Net Carrying Value		Interest Expense for the Three Months Ended June 30, 2022		Interest Expense for the Six Months Ended June 30, 2022
June 9, 2021 Note 1 and Note 2	December 9, 2022	0.00%	$	40,000	$	5,737	$	(9,522)	$	36,215	$	—	$	—
August 10, 2021 Optional Notes	February 10, 2023	15.00%	33,917		9,585		(11,518)		31,984		1,272		2,544
Notes payable – China various other	Due on Demand	0.00%	5,186		—		—		5,186		—		—
Auto loans	Various	Various	111		—		—		111		—		—
			$	79,214	$	15,322	$	(21,040)	$	73,496	$	1,272	$	2,544

The Company settled certain notes payable during the six months ended June 30, 2022 as follows:


	Six months ended June 30, 2022
Note Name	Contractual Maturity Date	Contractual Interest Rates	Net carrying value at 12/31/2021		Fair Value Measurement Adjustments		Payment Premium		Cash Payment
March 1, 2021 Notes(1)	March 1, 2022	14.00%	$	56,695	$	(1,695)	$	—	$	(55,000)
August 26, 2021 Notes(1)	March 1, 2022	14.00%	30,924		(924)		2,065		(32,065)
PPP Loan (2)	April 17, 2022	1.00%	193		—		—		(193)
			$	87,812	$	(2,619)	$	2,065	$	(87,258)


	June 30, 2022		December 31, 2021
March 1, 2021 Notes
Outstanding principal	$	—	$	55,000
Accrued interest	—		6,455
Interest expense for the six months ended June 30, 2022	1,266		—
Principal payments	55,000		—
Interest payments	7,721		—


	June 30, 2022		December 31, 2021
August 26, 2021 Notes
Outstanding principal	$	—	$	30,000
Accrued interest	—		1,473
Interest expense for the six months ended June 30, 2022	662		—
Principal payments	30,000		—
Interest payments	2,135		—
Payment Premium payments	2,065		—

2.In April 2022, the Company paid the remaining principal and accrued interest in an aggregate amount of $195.

Schedule of Principal Maturities

The future scheduled principal maturities of notes payable as of June 30, 2022 are as follows:


Due on demand	$	5,186
2022	40,111
2023	33,917
	$	79,214

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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Reference 5: http://www.xbrl.org/2003/role/exampleRef
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-URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
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+ Details

Leases (Tables)

6 Months Ended

Jun. 30, 2022

Leases [Abstract]

Schedule of Total Lease Costs

Total lease costs for the three and six months ended June 30, 2022 were:


	Three Months Ended June 30, 2022		Six Months Ended June 30, 2022
Finance lease cost
Amortization of right-of-use assets	$	91	$	182
Interest on lease liabilities	173		351
Total finance lease cost	264		533

Operating lease cost	699		1,532
Variable lease cost	267		401
Total lease cost	$	1,230	$	2,466

Supplemental information and non-cash activities related to operating and finance leases are as follows:


	Six Months Ended June 30, 2022
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	1,532
Operating cash flows from finance leases	351
Financing cash flows from finance leases	936
	$	2,819
Lease liabilities arising from new right-of-use assets
Operating leases	$	9,991


	As of June 30, 2022
Weighted average remaining lease term (in years)
Operating leases	6.8
Finance leases	5.2

Weighted average discount rate
Operating leases	15.5	%
Finance leases	5.9	%

Schedule of Maturities of Operating Lease Liabilities

The following table summarizes future lease payments as of June 30, 2022:


Fiscal year	Operating Leases		Finance Leases
2022	$	2,672	$	1,287
2023	4,844		2,166
2024	5,066		1,757
2025	4,809		1,792
2026	4,751		1,828
Thereafter	11,804		1,864
Total	33,946		10,694
Less: Imputed Interest	(13,714)		(1,496)
Present value of net lease payments	$	20,232	$	9,198

Lease liability, current portion	$	2,015	$	1,903
Lease liability, net of current portion	18,217		7,295
Total lease liability	$	20,232	$	9,198

Schedule of Maturities of Finance Lease Liabilities

The following table summarizes future lease payments as of June 30, 2022:


Fiscal year	Operating Leases		Finance Leases
2022	$	2,672	$	1,287
2023	4,844		2,166
2024	5,066		1,757
2025	4,809		1,792
2026	4,751		1,828
Thereafter	11,804		1,864
Total	33,946		10,694
Less: Imputed Interest	(13,714)		(1,496)
Present value of net lease payments	$	20,232	$	9,198

Lease liability, current portion	$	2,015	$	1,903
Lease liability, net of current portion	18,217		7,295
Total lease liability	$	20,232	$	9,198

Schedule of Minimum Aggregate Future Obligations Under Noncancelable Operating Leases

The minimum aggregate future obligations under non-cancelable operating leases as of December 31, 2021 were as follows:


Year ended December 31,
2022	$	2,384
2023	2,695
2024	2,775
2025	2,859
2026	2,944
Thereafter	991
	$	14,648

Schedule of Minimum Aggregate Future Minimum Lease Payments Under Capital Leases

The minimum aggregate future minimum lease payments under capital leases as of December 31, 2021 were as follows:


Year ended December 31,
2022	$	2,574
2023	2,166
2024	1,757
2025	1,792
2026	1,840
Thereafter	1,864
	$	11,993

Stockholders’ Equity (Tables)

6 Months Ended

Jun. 30, 2022

Equity [Abstract]

Schedule of Common Stock

The number of authorized, issued and outstanding stock, were as follows:


	June 30, 2022
	Authorized Shares	Issued Shares	Shares to be Issued	Total Issued and to be Issued Shares
Preferred Stock	10,000,000	—	—	—
Class A Common Stock	750,000,000	238,543,475	20,264,715	258,808,190
Class B Common Stock	75,000,000	64,000,588	—	64,000,588
	835,000,000	302,544,063	20,264,715	322,808,778


	December 31, 2021
	Authorized Shares	Issued Shares	Shares to be Issued	Total Issued and to be Issued Shares
Preferred Stock	10,000,000	—	—	—
Class A Common Stock	750,000,000	168,693,323	89,152,130	257,845,453
Class B Common Stock	75,000,000	—	64,000,588	64,000,588
	835,000,000	168,693,323	153,152,718	321,846,041

Schedule of Stockholders' Equity Note, Warrants or Rights

The number of outstanding warrants to purchase the Company’s Class A Common Stock as of June 30, 2022 and December 31, 2021 were as follows:


	Number of Warrants	Exercise Price		Expiration Date
Public Warrants	22,977,568	$	11.50	July 21, 2026
Private Warrants(1)	674,551	$	11.50	July 21, 2026
Other warrants	4,544,258	$	10.00	Various through August 10, 2028
Total	28,196,377

(1) The Private Warrants are recorded in Other liabilities, less current portion in the unaudited Condensed Consolidated Balance Sheets as of June 30, 2022 and December 31, 2021.

- Definition

Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
-Topic 505
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Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
-Topic 210
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-Paragraph 1
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
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Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
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+ Details

Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2022

Share-Based Payment Arrangement [Abstract]

Summary of Stock Option Activity

A summary of the Company’s stock option activity under the SI Plan is as follows:


	Number of Options	Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)	Aggregate Intrinsic Value
Outstanding as of December 31, 2021	—
Granted	4,347,492	5.15
Exercised	—
Cancelled/forfeited	(84,427)	5.32
Outstanding as of June 30, 2022	4,263,065	$	5.15	9.55	$	—

A summary of the Company’s stock option activity under the EI Plan is as follows:


	Number of Options	Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)	Aggregate Intrinsic Value
Outstanding as of December 31, 2021	31,962,921	$	2.81	7.77	$	86,075
Granted	—
Exercised	(477,001)	2.49			950
Cancelled/forfeited	(3,274,099)	2.48
Outstanding as of June 30, 2022	28,211,821	$	2.80	7.08	$	3,101

A summary of the Company’s stock option activity under the STI Plan is as follows:


	Number of Options	Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)	Aggregate Intrinsic Value
Outstanding as of December 31, 2021	9,526,727	$	5.55	8.0	$	13,905
Granted	—
Exercised	(485,735)	2.41			1,678
Cancelled/forfeited	(785,520)	8.05
Outstanding as of June 30, 2022	8,255,472	$	5.71	8.14	$	432

Summary of Weighted-Average Assumptions

The weighted-average assumptions used in the Black-Scholes option pricing model for awards granted during the three months ended June 30, 2022 are as follows:



Risk-free interest rate:	1.61	%
Expected term (in years):	7.01
Expected volatility:	43.50	%
Dividend yield:	0.00	%

Schedule of Stock-Based Compensation Expense


	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Research and development	$	3,078	$	1,070	$	4,701	$	1,661
Sales and marketing	251		306		625		505
General and administrative	(202)		(428)		1,148		1,302
	$	3,127	$	948	$	6,474	$	3,468

Net Loss per Share (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Schedule of Antidilutive Shares Excluded From Calculation of Diluted Net Loss Per Share

The following table presents the number of anti-dilutive shares excluded from the calculation of diluted net loss per share as of the following dates:


	June 30, 2022	June 30, 2021
Stock-based compensation awards – SI Plan	4,263,065	—
Stock-based compensation awards – EI Plan	28,211,821	31,125,216
Stock-based compensation awards – STI Plan	8,255,472	9,285,845
Public Warrants	22,977,568	—
Private Warrants	674,551	—
Other warrants	4,544,258	3,357,175
Convertible notes payable	9,009,166	9,009,166
Total	77,935,901	52,777,402

Nature of Business and Organization and Basis of Presentation (Details) $ / shares in Units, $ in Thousands			3 Months Ended		6 Months Ended
	Jan. 01, 2022 USD ($)	Jul. 21, 2021 USD ($) $ / shares shares	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) segment	Jun. 30, 2021 USD ($)	Mar. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Mar. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Aggregate purchase price		$ 761,400
Number of operating segments \| segment					1
Overstatement of interest expense			$ 1,128	$ 8,390	$ 4,874	$ 27,564
Understatement of related party interest expense			(1,313)	(4,415)	(1,935)	(14,167)
Income tax provision			9	0	9	3
Accrued interest or penalties			0		0
Operating lease liabilities			20,232		20,232
Liability reclassified								$ (12,635)
Accumulated deficit reclassified			(268,502)	552,759	(268,502)	552,759	$ (402,322)	(567,654)	$ 644,334	$ 579,338
Additional Paid-in Capital
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accumulated deficit reclassified			(3,491,041)	(1,973,314)	(3,491,041)	(1,973,314)	(3,487,415)	(3,482,226)	(1,827,781)	(1,817,760)
Accumulated Deficit
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accumulated deficit reclassified			$ 3,219,308	2,519,439	$ 3,219,308	2,519,439	$ 3,077,614	2,907,644	$ 2,466,664	$ 2,391,139
Accounting Standards Update 2016-02
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Right of use assets	$ 11,191
Operating lease liabilities	11,191
Recognition of gain from sales leaseback transaction	3,393
Accounting Standards Update 2016-02 \| Cumulative Effect, Period of Adoption, Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accumulated deficit reclassified								(3,393)
Accounting Standards Update 2016-02 \| Cumulative Effect, Period of Adoption, Adjustment \| Accumulated Deficit
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accumulated deficit reclassified								(3,393)
Accounting Standards Update 2020-06 \| Cumulative Effect, Period of Adoption, Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accumulated deficit reclassified								20,265
Accounting Standards Update 2020-06 \| Cumulative Effect, Period of Adoption, Adjustment \| Additional Paid-in Capital
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Liability reclassified	12,635
Accumulated deficit reclassified	$ 20,265
Accounting Standards Update 2020-06 \| Cumulative Effect, Period of Adoption, Adjustment \| Accumulated Deficit
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accumulated deficit reclassified								$ 20,265
Findings From Special Committee Investigation, Misclassifications
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Overstatement of interest expense				687		1,369
Understatement of related party interest expense				$ 687		$ 1,369
Class A Common Stock
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Number of shares purchased (in shares) \| shares		76,140,000
Purchase price (in dollars per share) \| $ / shares		$ 10.00

Liquidity and Capital Resources (Details) - USD ($) $ in Thousands		6 Months Ended
	Jul. 21, 2021	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going concern period		1 year
Cash		$ 120,585	$ 505,091	$ 52,527	$ 1,124
Accumulated deficit		$ 3,219,308	$ 2,907,644
Gross proceeds	$ 990,983

Business Combination (Details) - Class A Common Stock - shares	1 Months Ended
	Jul. 31, 2022	Aug. 01, 2022	Jun. 30, 2022	Dec. 31, 2021
Business Acquisition [Line Items]
Common stock, shares to be issued (in shares)			20,264,715	89,152,130
Subsequent Event
Business Acquisition [Line Items]
Common stock, shares to be issued (in shares)		0
Issuance of shares (in shares)	20,264,715

Deposits and Other Current Assets - Deposits and Other Current Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Deposits:
Deposits for research and development, prototype and production parts, and other	$ 41,402	$ 54,990
Deposits for “Future Work”	6,190	8,380
Total deposits	47,592	63,370
Other current assets:
Prepaid expenses	2,881	11,119
Other current assets	3,104	2,291
Total other current assets	$ 5,985	$ 13,410

Deposits and Other Current Assets - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Palantir
Deposits And Other Current Assets [Line Items]
Amortization expense related to the Palantir hosting arrangement and other prepaid software subscriptions	$ 2,792	$ 0	$ 5,662	$ 0

Property and Equipment, Net (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Less: Accumulated depreciation	$ (10,537)		$ (10,537)		$ (9,678)
Property and equipment, net	387,075		387,075		293,135
Depreciation and amortization expense	830	$ 529	1,620	$ 1,058
Buildings
Property, Plant and Equipment [Line Items]
Property and equipment, gross	14,180		14,180		14,180
Computer hardware
Property, Plant and Equipment [Line Items]
Property and equipment, gross	3,112		3,112		3,051
Tooling, machinery, and equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	9,109		9,109		8,868
Vehicles
Property, Plant and Equipment [Line Items]
Property and equipment, gross	337		337		337
Computer software
Property, Plant and Equipment [Line Items]
Property and equipment, gross	3,974		3,974		1,032
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	383		383		297
Construction in process
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 366,517		$ 366,517		$ 275,048

Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Payables and Accruals [Abstract]
Accrued payroll and benefits	$ 29,770	$ 21,752
Accrued legal contingencies	14,808	16,881
Engineering, design and testing services received not invoiced	14,140	6,620
Deposits from customers	3,975	4,354
Due to affiliates	6,621	6,673
Obligation to issue registered shares of Class A Common Stock	0	12,635
Other current liabilities	23,078	21,597
Total accrued expenses and other current liabilities	$ 92,392	$ 90,512

Fair Value of Financial Instruments - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Jul. 21, 2022	Jun. 30, 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liability value	$ 12,635
Commitment to Issue Class A Common Stock
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of the private warrants	32,900
Gain recorded	$ 20,265
Class A Common Stock
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Registered shares to be issued (in shares)			2,387,500
Class A Common Stock \| Subsequent Event
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Registered shares to be issued (in shares)		2,387,500

Fair Value of Financial Instruments - Schedule of Financial Instruments Measured at Fair Value (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Liabilities
Obligation to issue registered shares of Class A Common Stock	$ 0	$ 12,635
Level 1 \| Fair Value, Recurring
Liabilities
Obligation to issue registered shares of Class A Common Stock		0
Level 1 \| Fair Value, Recurring \| Private Warrants
Liabilities
Private Warrants	0	0
Level 1 \| Fair Value, Recurring \| Notes payable
Liabilities
Notes payable	0	0
Level 2 \| Fair Value, Recurring
Liabilities
Obligation to issue registered shares of Class A Common Stock		0
Level 2 \| Fair Value, Recurring \| Private Warrants
Liabilities
Private Warrants	0	0
Level 2 \| Fair Value, Recurring \| Notes payable
Liabilities
Notes payable	0	0
Level 3 \| Fair Value, Recurring
Liabilities
Obligation to issue registered shares of Class A Common Stock		12,635
Level 3 \| Fair Value, Recurring \| Private Warrants
Liabilities
Private Warrants	316	642
Level 3 \| Fair Value, Recurring \| Notes payable
Liabilities
Notes payable	$ 68,199	$ 161,282

Fair Value of Financial Instruments - Schedule of Changes in Liability for Unobservable Inputs (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2022 USD ($)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 12,635
Notes Payable at Fair Value
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	161,282
Changes in fair value measurements	(6,018)
Cash payments	(87,065)
Ending balance	68,199
Notes Payable at Fair Value \| Cumulative Effect, Period of Adoption, Adjustment
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	0
Private Warrants
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	642
Changes in fair value measurements	(326)
Cash payments	0
Ending balance	316
Private Warrants \| Cumulative Effect, Period of Adoption, Adjustment
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	0
Obligation to Issue Registered Shares
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	12,635
Changes in fair value measurements	0
Cash payments	0
Ending balance	0
Obligation to Issue Registered Shares \| Cumulative Effect, Period of Adoption, Adjustment
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ (12,635)

Related Party Notes Payable - Schedule of Related Party Notes Payable (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Mar. 31, 2022
Related Party Transaction [Line Items]
Interest Expense	$ 1,313	$ 4,415	$ 1,935	$ 14,167
Related party notes payable \| Affiliated Entity
Related Party Transaction [Line Items]
Balance as of					$ 12,962
Interest Expense	$ 1,313		$ 1,935
Related Party Notes – China, Due On Demand At 18.00% \| Affiliated Entity
Related Party Transaction [Line Items]
Contractual Interest Rates	18.00%		18.00%
Balance as of					8,940
Interest Expense	$ 1,313		$ 1,935
Related Party Notes, China Various Other, Due On Demand, At 0.00% \| Affiliated Entity
Related Party Transaction [Line Items]
Contractual Interest Rates	0.00%		0.00%
Balance as of					$ 4,022
Interest Expense	$ 0		$ 0

Related Party Notes Payable - Narrative (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Level 3 \| Fair Value, Nonrecurring \| Related party notes payable \| Affiliated Entity
Related Party Transaction [Line Items]
Notes payable	$ 13,967	$ 13,337

Notes Payable - Schedule of Notes Payable (Details) - USD ($) $ in Thousands			1 Months Ended	3 Months Ended		6 Months Ended		12 Months Ended
	Feb. 25, 2022	Aug. 26, 2021	Apr. 30, 2022	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021	Mar. 01, 2021
Debt Outstanding [Abstract]
Cash Payment						$ (87,258)	$ 0
Summary Of Debt [Abstract]
Interest expense				$ 1,128	$ 8,390	4,874	$ 27,564
Notes payable
Debt Outstanding [Abstract]
Unpaid Principal Balance				79,214		79,214
Fair Value Measurement Adjustments				15,322		15,322
Original issue discount and proceeds allocated to warrants				(21,040)		(21,040)
Net Carrying Value				73,496		73,496
Interest expense				1,272		2,544
Summary Of Debt [Abstract]
Outstanding principal				$ 79,214		$ 79,214
Notes payable \| June 9, 2021 Note 1 Due on December 9, 2022 At 0.00%
Debt Outstanding [Abstract]
Contractual Interest Rates				0.00%		0.00%
Unpaid Principal Balance				$ 40,000		$ 40,000
Fair Value Measurement Adjustments				5,737		5,737
Original issue discount and proceeds allocated to warrants				(9,522)		(9,522)
Net Carrying Value				36,215		36,215
Interest expense				0		0
Summary Of Debt [Abstract]
Outstanding principal				$ 40,000		$ 40,000
Notes payable \| August 10, 2021 Optional Notes Due on February 10, 2023 At 15.00%
Debt Outstanding [Abstract]
Contractual Interest Rates				15.00%		15.00%
Unpaid Principal Balance				$ 33,917		$ 33,917
Fair Value Measurement Adjustments				9,585		9,585
Original issue discount and proceeds allocated to warrants				(11,518)		(11,518)
Net Carrying Value				31,984		31,984
Interest expense				1,272		2,544
Summary Of Debt [Abstract]
Outstanding principal				$ 33,917		$ 33,917
Notes payable \| Notes Payable, China Various Other, Due On Demand At 0.00%
Debt Outstanding [Abstract]
Contractual Interest Rates				0.00%		0.00%
Unpaid Principal Balance				$ 5,186		$ 5,186
Fair Value Measurement Adjustments				0		0
Original issue discount and proceeds allocated to warrants				0		0
Net Carrying Value				5,186		5,186
Interest expense				0		0
Summary Of Debt [Abstract]
Outstanding principal				5,186		5,186
Notes payable \| Auto Loans With Various Interest Rates
Debt Outstanding [Abstract]
Unpaid Principal Balance				111		111
Fair Value Measurement Adjustments				0		0
Original issue discount and proceeds allocated to warrants				0		0
Net Carrying Value				111		111
Interest expense				0		0
Summary Of Debt [Abstract]
Outstanding principal				111		111
Notes payable \| Notes Payable, Settled
Debt Outstanding [Abstract]
Fair Value Measurement Adjustments				(2,619)		(2,619)
Net Carrying Value				$ 87,812		87,812
Payment Premium						2,065
Cash Payment						(87,258)
Debt Footnote Information [Abstract]
Interest premium						$ 2,065
Notes payable \| Notes Payable March 1, 2021, Due On March 1, 2022, At 14.00%
Debt Outstanding [Abstract]
Contractual Interest Rates				14.00%		14.00%
Unpaid Principal Balance				$ 0		$ 0		$ 55,000
Fair Value Measurement Adjustments				(1,695)		(1,695)
Net Carrying Value				56,695		56,695
Payment Premium						0
Cash Payment						(55,000)
Debt Footnote Information [Abstract]
Aggregate principal amount that may be issued									$ 85,000
Aggregate principal									$ 55,000
Original issue discount percent									14.00%
Repayments of debt	$ 55,000
Notes payable accrued interest									$ 7,721
Interest premium						0
Summary Of Debt [Abstract]
Outstanding principal				0		0		55,000
Accrued interest				$ 0		0		6,455
Interest expense						1,266		0
Principal payments						55,000		0
Interest payments						$ 7,721		0
Notes payable \| Notes Payable August 26, 2021, Due On March 1, 2022, At 14.00%
Debt Outstanding [Abstract]
Contractual Interest Rates				14.00%		14.00%
Unpaid Principal Balance				$ 0		$ 0		30,000
Fair Value Measurement Adjustments				(924)		(924)
Net Carrying Value				30,924		30,924
Payment Premium		$ 2,065				2,065
Cash Payment						(32,065)
Debt Footnote Information [Abstract]
Aggregate principal amount that may be issued		$ 30,000
Original issue discount percent		14.00%
Repayments of debt		$ 30,000
Notes payable accrued interest		2,135
Interest premium		$ 2,065				2,065
Summary Of Debt [Abstract]
Outstanding principal				0		0		30,000
Accrued interest				0		0		1,473
Interest expense						662		0
Principal payments						30,000		0
Interest payments						2,135		0
Payment Premium payments				$ 2,065		$ 2,065		$ 0
Notes payable \| Notes Payable, Due On March 1, 2022, At 1.00%
Debt Outstanding [Abstract]
Contractual Interest Rates				1.00%		1.00%
Fair Value Measurement Adjustments				$ 0		$ 0
Net Carrying Value				$ 193		193
Payment Premium						0
Cash Payment						(193)
Debt Footnote Information [Abstract]
Repayments of debt			$ 195
Interest premium						$ 0

Notes Payable - Narrative (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Notes payable \| Level 3 \| Fair Value, Nonrecurring
Debt Instrument [Line Items]
Notes payable	$ 5,155	$ 5,350

Notes Payable - Schedule of Principal Maturities (Details) - Notes payable $ in Thousands	Jun. 30, 2022 USD ($)
Debt Instrument [Line Items]
Due on demand	$ 5,186
2022	40,111
2023	33,917
Total	$ 79,214

Leases - Narrative (Details) $ in Thousands	3 Months Ended	6 Months Ended	12 Months Ended
Leases - Narrative (Details) $ in Thousands	Jun. 30, 2021 USD ($)	Jun. 30, 2021 USD ($)	Dec. 31, 2021 lease	Jun. 30, 2022
Lessee, Lease, Description [Line Items]
Operating lease, renewal term				5 years
Finance lease, renewal term				5 years
Rent expense \| $	$ 676	$ 1,225
Number of leases			3
Hanford, California
Lessee, Lease, Description [Line Items]
Number of leases			1
Equipment Leases
Lessee, Lease, Description [Line Items]
Number of leases			2

Leases - Total Lease Costs (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2022
Finance lease cost
Amortization of right-of-use assets	$ 91	$ 182
Interest on lease liabilities	173	351
Total finance lease cost	264	533
Operating lease cost	699	1,532
Variable lease cost	267	401
Total lease cost	$ 1,230	$ 2,466

Leases - Future Lease Payments (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Operating Leases
2022	$ 2,672
2023	4,844
2024	5,066
2025	4,809
2026	4,751
Thereafter	11,804
Total	33,946
Less: Imputed Interest	(13,714)
Present value of net lease payments	20,232
Lease liability, current portion	2,015	$ 0
Lease liability, net of current portion	18,217	0
Total lease liability	20,232
Finance Leases
2022	1,287
2023	2,166
2024	1,757
2025	1,792
2026	1,828
Thereafter	1,864
Total	10,694
Less: Imputed Interest	(1,496)
Present value of net lease payments	9,198
Lease liability, current portion	1,903	0
Lease liability, net of current portion	7,295	$ 7,570
Total lease liability	$ 9,198

Leases - Supplemental Information And Non-Cash Activities Related To Operating Leases (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$ 1,532
Operating cash flows from finance leases	351
Financing cash flows from finance leases	936
Cash paid for amounts included in the measurement of lease liabilities	2,819
Lease liabilities arising from new right-of-use assets
Operating leases	$ 9,991	$ 0
Weighted average remaining lease term (in years)
Operating leases		6 years 9 months 18 days
Finance leases		5 years 2 months 12 days
Weighted average discount rate
Operating leases		15.50%
Finance leases		5.90%

Leases - Minimum Aggregate Future Obligations Under Noncancelable Operating Leases (Details) $ in Thousands	Dec. 31, 2021 USD ($)
Leases [Abstract]
2022	$ 2,384
2023	2,695
2024	2,775
2025	2,859
2026	2,944
Thereafter	991
Total minimum aggregate future obligations	$ 14,648

Leases - Minimum Aggregate Future Minimum Lease Payments Under Capital Leases (Details) $ in Thousands	Dec. 31, 2021 USD ($)
Leases [Abstract]
2022	$ 2,574
2023	2,166
2024	1,757
2025	1,792
2026	1,840
Thereafter	1,864
Total minimum aggregate future minimum lease payments	$ 11,993

Commitment and Contingencies (Details) reservation in Thousands, $ in Thousands		1 Months Ended		6 Months Ended
	Apr. 14, 2022	Oct. 31, 2022 USD ($)	Jan. 31, 2022 USD ($)	Jun. 30, 2022 USD ($)	Apr. 08, 2022 claim	Mar. 21, 2022 claim	Jan. 26, 2022 reservation	Dec. 31, 2021 USD ($)
Loss Contingencies [Line Items]
Accrued contingent liabilities				$ 14,808				$ 16,881
Number of reservations received for vehicles \| reservation							14
Number of unpaid reservations of interest for vehicles \| reservation							14
Probation period	6 months
Chief Executive Officer
Loss Contingencies [Line Items]
Annual base salary reduction percentage	25.00%
Chief Product And User Ecosystem Officer
Loss Contingencies [Line Items]
Annual base salary reduction percentage	25.00%
Derivative Lawsuits
Loss Contingencies [Line Items]
Number of pending legal matters \| claim					2	2
Outstanding Legal Dispute For Breach Of Lease
Loss Contingencies [Line Items]
Accrued contingent liabilities			$ 1,200
Unpaid lease expenses				$ 6,400
Settlement of legal matter			$ 1,800
Outstanding Legal Dispute For Breach Of Lease \| Forecast
Loss Contingencies [Line Items]
Settlement of legal matter		$ 3,400
Interest rate on settlement of legal matter		5.00%

Stockholders’ Equity - Schedule of Common Stock (Details) - shares	Jun. 30, 2022	Dec. 31, 2021
Authorized Shares
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000
Authorized Shares (in shares)	835,000,000	835,000,000
Issued Shares
Issued Shares, preferred stock (in shares)	0	0
Issued shares (in shares)	302,544,063	168,693,323
Shares to be Issued
Preferred stock, shares to be issued (in shares)	0	0
Shares to be issued (in shares)	20,264,715	153,152,718
Total Issued and to be Issued Shares
Preferred stock, shares issued (in shares)	0	0
Issued shares (in shares)	302,544,063	168,693,323
Total Issued and to be Issued Shares
Issued Shares
Issued Shares, preferred stock (in shares)	0	0
Issued shares (in shares)	322,808,778	321,846,041
Total Issued and to be Issued Shares
Preferred stock, shares issued (in shares)	0	0
Issued shares (in shares)	322,808,778	321,846,041
Class A Common Stock
Authorized Shares
Common stock, shares authorized (in shares)	750,000,000	750,000,000
Issued Shares
Issued Shares, ordinary stock (in shares)	238,543,475	168,693,323
Shares to be Issued
Common stock, shares to be issued (in shares)	20,264,715	89,152,130
Total Issued and to be Issued Shares
Common stock, shares issued (in shares)	238,543,475	168,693,323
Class A Common Stock \| Total Issued and to be Issued Shares
Issued Shares
Issued Shares, ordinary stock (in shares)	258,808,190	257,845,453
Total Issued and to be Issued Shares
Common stock, shares issued (in shares)	258,808,190	257,845,453
Class B Common Stock
Authorized Shares
Common stock, shares authorized (in shares)	75,000,000	75,000,000
Issued Shares
Issued Shares, ordinary stock (in shares)	64,000,588	0
Shares to be Issued
Common stock, shares to be issued (in shares)	0	64,000,588
Total Issued and to be Issued Shares
Common stock, shares issued (in shares)	64,000,588	0
Class B Common Stock \| Total Issued and to be Issued Shares
Issued Shares
Issued Shares, ordinary stock (in shares)	64,000,588	64,000,588
Total Issued and to be Issued Shares
Common stock, shares issued (in shares)	64,000,588	64,000,588

Stockholders’ Equity - Schedule of Warrants (Details) - Class A Common Stock - $ / shares	Jun. 30, 2022	Dec. 31, 2021
Class of Stock [Line Items]
Warrants outstanding (in shares)	28,196,377	28,196,377
Public Warrants
Class of Stock [Line Items]
Warrants outstanding (in shares)	22,977,568	22,977,568
Exercise price (in dollars per share)	$ 11.50	$ 11.50
Private Warrants
Class of Stock [Line Items]
Warrants outstanding (in shares)	674,551	674,551
Exercise price (in dollars per share)	$ 11.50	$ 11.50
Other warrants
Class of Stock [Line Items]
Warrants outstanding (in shares)	4,544,258	4,544,258
Exercise price (in dollars per share)	$ 10.00	$ 10.00

Stock-Based Compensation - Narrative (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jul. 31, 2021	Feb. 01, 2018
Stock Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Amount available for future issuance (in shares)	45,310,505	49,573,570
Percent threshold of common stock issued and outstanding for annual increase of shares available for issue		5.00%
Total remaining stock-based compensation expense	$ 5,022
Stock Incentive Plan \| Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average period for expense to be recognized (in year)	2 years 6 months 29 days
EI And STI Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Amount available for future issuance (in shares)		0
Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total remaining stock-based compensation expense	$ 9,989
Number of shares authorized for grant (in shares)			42,390,000
Equity Incentive Plan \| Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average period for expense to be recognized (in year)	2 years 7 months 24 days
STI Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for grant (in shares)	14,130,000
STI Plan \| Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total remaining stock-based compensation expense	$ 6,082
Weighted average period for expense to be recognized (in year)	3 years 8 months 15 days

Stock-Based Compensation - Option Activity (Details) $ / shares in Units, $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2022 USD ($) $ / shares shares	Dec. 31, 2021 USD ($) $ / shares shares
Stock Incentive Plan
Number of Options
Beginning balance (in shares)	0
Granted (in shares)	4,347,492
Exercised (in shares)	0
Cancelled/forfeited (in shares)	(84,427)
Ending balance (in shares)	4,263,065	0
Weighted Average Exercise Price
Granted (in dollars per share) \| $ / shares	$ 5.15
Cancelled/forfeited (in dollars per share) \| $ / shares	5.32
Options outstanding, end of period, weighted average exercise price (in dollars per share) \| $ / shares	$ 5.15
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Weighted average remaining contractual life, outstanding	9 years 6 months 18 days
Aggregate intrinsic value, outstanding \| $	$ 0
Equity Incentive Plan
Number of Options
Beginning balance (in shares)	31,962,921
Granted (in shares)	0
Exercised (in shares)	(477,001)
Cancelled/forfeited (in shares)	(3,274,099)
Ending balance (in shares)	28,211,821	31,962,921
Weighted Average Exercise Price
Options outstanding, beginning of period, weighted average exercise price (in dollars per share) \| $ / shares	$ 2.81
Exercised (in dollars per share) \| $ / shares	2.49
Cancelled/forfeited (in dollars per share) \| $ / shares	2.48
Options outstanding, end of period, weighted average exercise price (in dollars per share) \| $ / shares	$ 2.80	$ 2.81
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Weighted average remaining contractual life, outstanding	7 years 29 days	7 years 9 months 7 days
Aggregate Intrinsic Value, Exercised \| $	$ 950
Aggregate intrinsic value, outstanding \| $	$ 3,101	$ 86,075
STI Plan
Number of Options
Beginning balance (in shares)	9,526,727
Granted (in shares)	0
Exercised (in shares)	(485,735)
Cancelled/forfeited (in shares)	(785,520)
Ending balance (in shares)	8,255,472	9,526,727
Weighted Average Exercise Price
Options outstanding, beginning of period, weighted average exercise price (in dollars per share) \| $ / shares	$ 5.55
Exercised (in dollars per share) \| $ / shares	2.41
Cancelled/forfeited (in dollars per share) \| $ / shares	8.05
Options outstanding, end of period, weighted average exercise price (in dollars per share) \| $ / shares	$ 5.71	$ 5.55
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Weighted average remaining contractual life, outstanding	8 years 1 month 20 days	8 years
Aggregate Intrinsic Value, Exercised \| $	$ 1,678
Aggregate intrinsic value, outstanding \| $	$ 432	$ 13,905

Stock-Based Compensation - Weighted-Average Assumptions (Details) - Stock Incentive Plan - Stock Option	6 Months Ended
	Jun. 30, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	1.61%
Expected term	7 years 3 days
Expected volatility	43.50%
Dividend yield	0.00%

Stock-Based Compensation - Stock-Based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	$ 3,127	$ 948	$ 6,474	$ 3,468
Research and development
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	3,078	1,070	4,701	1,661
Sales and marketing
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	251	306	625	505
General and administrative
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	$ (202)	$ (428)	$ 1,148	$ 1,302

Net Loss per Share (Details) - shares	6 Months Ended
Net Loss per Share (Details) - shares	Jun. 30, 2022	Jun. 30, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive shares (in shares)	77,935,901	52,777,402
Stock-based compensation awards – SI Plan
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive shares (in shares)	4,263,065	0
Stock-based compensation awards – EI Plan
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive shares (in shares)	28,211,821	31,125,216
Stock-based compensation awards – STI Plan
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive shares (in shares)	8,255,472	9,285,845
Public Warrants
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive shares (in shares)	22,977,568	0
Private Warrants
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive shares (in shares)	674,551	0
Other warrants
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive shares (in shares)	4,544,258	3,357,175
Convertible notes payable
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive shares (in shares)	9,009,166	9,009,166

Subsequent Events (Details) - Subsequent Event - Notes payable $ / shares in Units, $ in Millions	Aug. 14, 2022 USD ($) claim $ / shares	Jul. 26, 2022 USD ($) trading_day $ / shares
Amended ATW Convertible Notes
Subsequent Event [Line Items]
Aggregate principal		$ 73.9
Contractual Interest Rates		10.00%
Conversion price (in dollars per share) \| $ / shares		$ 10.00
Aggregate principal amount that may be issued		$ 35.0
Funding period		45 days
Funding threshold amount		$ 50.0
Additional funding threshold amount		$ 100.0
Amended ATW Convertible Notes \| Debt Instrument, Redemption, Period One
Subsequent Event [Line Items]
Conversion price, percentage		95.00%
Number of trading days \| trading_day		30
Amended ATW Convertible Notes \| Debt Instrument, Redemption, Period Two
Subsequent Event [Line Items]
Conversion price, percentage		92.00%
Number of trading days \| trading_day		7
New ATW Financing
Subsequent Event [Line Items]
Aggregate principal	$ 52.0
Contractual Interest Rates	10.00%
Conversion price (in dollars per share) \| $ / shares	$ 2.69
Number of trading days \| claim	20
Additional funding threshold amount	$ 31.0
Amount permitted for obtaining incremental debt	$ 248.0
Period permitted for obtaining incremental debt	90 days
Original issue discount percent	10.00%
No transfer period after conversion	6 months
Additional cash interest payment percent	5.00%
Preemptive rights, threshold principal amount	$ 25.0
Percent of shares issuable	33.00%
Exercise price (in dollars per share) \| $ / shares	$ 5.00
Term of warrants	7 years
Repurchase price (in dollars per share) \| $ / shares	$ 0.01
Debt instrument, convertible, threshold consecutive trading days \| claim	30
Repurchase price threshold (in dollars per share) \| $ / shares	$ 15.00
Filing requirement period	90 days
Period for registration statement to become effective	180 days
Option to purchase additional notes, period	12 months
New ATW Financing \| Minimum
Subsequent Event [Line Items]
Premium percentage	0.00%
New ATW Financing \| Maximum
Subsequent Event [Line Items]
Premium percentage	10.00%
Initial Bridge Notes
Subsequent Event [Line Items]
Aggregate principal	$ 27.0
Conversion price (in dollars per share) \| $ / shares	$ 2.2865
Second Bridge Notes
Subsequent Event [Line Items]
Aggregate principal	$ 10.0
Third Bridge Notes
Subsequent Event [Line Items]
Aggregate principal	$ 15.0