Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.23.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:        
Total Revenues $ 43,377 $ 17,247 $ 97,887 $ 38,533
Cost of Revenues:        
Total Cost of Revenues 30,592 12,466 68,268 30,209
Gross Profit 12,785 4,781 29,619 8,324
Operating Expenses:        
Compensation 15,268 17,605 75,967 37,643
General and administrative expenses 8,539 6,594 26,466 20,023
Other operating expenses 5,444 5,079 14,555 12,159
Impairment of intangible assets 5,143 5,143
Impairment of goodwill 89,087 89,087
Total Operating Expenses 123,481 29,278 211,218 69,825
Loss From Operations (110,696) (24,497) (181,599) (61,501)
Other Income (Expense):        
Interest expense (970) (917) (2,373) (1,056)
Gain (loss) on foreign exchange 144 (595) 925 (836)
Loss on extinguishment of notes payable (1,000) (1,000)
Change in fair value of derivative and other accrued liabilities 108 10 35
Other income (expense), net 608 254 1,258 (53)
Total Other Expense (1,218) (1,150) (1,180) (1,910)
Loss Before Income Taxes (111,914) (25,647) (182,779) (63,411)
Provision for income taxes (807) (1,225)
Net Loss $ (112,721) $ (25,647) $ (184,004) $ (63,411)
Net Loss Per Share:        
Basic $ (1.74) $ (0.51) $ (3.02) $ (1.39)
Diluted $ (1.74) $ (0.51) $ (3.02) $ (1.39)
Weighted Average Number of Common Shares Outstanding:        
Basic 64,626,681 50,627,173 61,006,242 45,543,518
Diluted 64,626,681 50,627,173 61,006,242 45,543,518
Product [Member]        
Revenues:        
Total Revenues $ 35,059 $ 13,358 $ 76,035 $ 30,238
Cost of Revenues:        
Total Cost of Revenues 24,619 8,663 49,509 21,134
Service [Member]        
Revenues:        
Total Revenues 3,859 1,256 11,111 3,857
Cost of Revenues:        
Total Cost of Revenues 566 235 2,196 769
Network [Member]        
Revenues:        
Total Revenues 1,973 1,456 5,268 2,089
Cost of Revenues:        
Total Cost of Revenues 407 508 1,339 924
Warranty [Member]        
Revenues:        
Total Revenues 849 309 2,163 475
Grant and Rebate [Member]        
Revenues:        
Total Revenues 47 83 284 283
Car Sharing Services [Member]        
Revenues:        
Total Revenues 903 367 2,112 885
Cost of Revenues:        
Total Cost of Revenues 931 470 3,162 1,555
Other [Member]        
Revenues:        
Total Revenues 687 418 914 706
Host Provider Fees [Member]        
Cost of Revenues:        
Total Cost of Revenues 2,399 973 6,285 2,345
Warranty and Repairs and Maintenance [Member]        
Cost of Revenues:        
Total Cost of Revenues 561 803 2,924 1,437
Depreciation and Amortization [Member]        
Cost of Revenues:        
Total Cost of Revenues $ 1,109 $ 814 $ 2,853 $ 2,045