2021 Q4 Form 10-K Financial Statement
#000162828022006078 Filed on March 14, 2022
Income Statement
Concept | 2021 Q4 | 2021 | 2020 Q4 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $33.49M | $176.3M | $69.95K |
YoY Change | 47779.91% | 251889.99% | |
% of Gross Profit | |||
Research & Development | $19.30M | $64.30M | |
YoY Change | 204.74% | ||
% of Gross Profit | |||
Depreciation & Amortization | $500.0K | $1.300M | |
YoY Change | 1200.0% | ||
% of Gross Profit | |||
Operating Expenses | $53.30M | $358.3M | $227.3K |
YoY Change | 23347.12% | 1356.5% | |
Operating Profit | -$358.3M | ||
YoY Change | 1356.5% | ||
Interest Expense | -$500.0K | $1.000M | $98.58K |
YoY Change | -607.2% | 400.0% | |
% of Operating Profit | |||
Other Income/Expense, Net | $10.50M | $10.60M | -$10.72M |
YoY Change | -197.96% | ||
Pretax Income | -$43.30M | -$347.8M | -$10.85M |
YoY Change | 299.15% | 1302.42% | |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | -$43.30M | -$347.8M | -$10.85M |
YoY Change | 299.15% | 1302.42% | |
Net Earnings / Revenue | |||
Basic Earnings Per Share | -$3.14 | ||
Diluted Earnings Per Share | -$180.2K | -$3.14 | -$190.7K |
COMMON SHARES | |||
Basic Shares Outstanding | 110.8M shares | ||
Diluted Shares Outstanding | 110.8M shares |
Balance Sheet
Concept | 2021 Q4 | 2021 | 2020 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $746.9M | $746.9M | $925.9K |
YoY Change | 80565.72% | 80565.72% | |
Cash & Equivalents | $746.6M | $746.9M | $36.60M |
Short-Term Investments | $0.00 | ||
Other Short-Term Assets | $300.0K | $7.900M | $0.00 |
YoY Change | 1602.59% | ||
Inventory | |||
Prepaid Expenses | $7.600M | $800.0K | |
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $754.8M | $754.8M | $37.40M |
YoY Change | 1918.18% | 54205.28% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $5.900M | $10.40M | $1.600M |
YoY Change | 268.75% | ||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $500.1M | ||
YoY Change | |||
Other Assets | $2.700M | $2.700M | $0.00 |
YoY Change | |||
Total Long-Term Assets | $13.60M | $13.60M | $4.400M |
YoY Change | 209.09% | -97.28% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $754.8M | $754.8M | $37.40M |
Total Long-Term Assets | $13.60M | $13.60M | $4.400M |
Total Assets | $768.4M | $768.4M | $41.80M |
YoY Change | 1738.28% | 53.22% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $3.400M | $3.400M | $2.100M |
YoY Change | 61.9% | 30837.22% | |
Accrued Expenses | $15.40M | $15.40M | $48.02K |
YoY Change | 31968.64% | 31969.97% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $9.500M | $9.500M | $600.0K |
YoY Change | 1483.33% | ||
Total Short-Term Liabilities | $28.30M | $28.30M | $3.800M |
YoY Change | 644.74% | 21844.79% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $9.300M | $9.300M | $300.0K |
YoY Change | 3000.0% | ||
Other Long-Term Liabilities | $400.0K | $31.90M | $300.0K |
YoY Change | 33.33% | -32.85% | |
Total Long-Term Liabilities | $9.700M | $41.20M | $600.0K |
YoY Change | 1516.67% | -13.28% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $28.30M | $28.30M | $3.800M |
Total Long-Term Liabilities | $9.700M | $41.20M | $600.0K |
Total Liabilities | $69.50M | $69.50M | $5.900M |
YoY Change | 1077.97% | 45.9% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$373.6M | -$25.80M | |
YoY Change | 1348.06% | ||
Common Stock | |||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $698.9M | $698.9M | $35.90M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $768.4M | $768.4M | $41.80M |
YoY Change | 1738.28% | 53.22% |
Cashflow Statement
Concept | 2021 Q4 | 2021 | 2020 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$43.30M | -$347.8M | -$10.85M |
YoY Change | 299.15% | 1302.42% | |
Depreciation, Depletion And Amortization | $500.0K | $1.300M | |
YoY Change | 1200.0% | ||
Cash From Operating Activities | -$48.90M | -$108.4M | -$562.4K |
YoY Change | 8595.5% | 375.44% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$500.0K | $3.500M | |
YoY Change | 150.0% | ||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$500.0M | ||
YoY Change | |||
Cash From Investing Activities | -$500.0K | -$3.500M | -$500.0M |
YoY Change | -99.9% | 84.21% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | $0.00 | ||
YoY Change | |||
Cash From Financing Activities | 100.0K | $822.2M | 501.3M |
YoY Change | -99.98% | 1505.86% | |
NET CHANGE | |||
Cash From Operating Activities | -48.90M | -$108.4M | -562.4K |
Cash From Investing Activities | -500.0K | -$3.500M | -500.0M |
Cash From Financing Activities | 100.0K | $822.2M | 501.3M |
Net Change In Cash | -49.30M | $710.3M | 780.1K |
YoY Change | -6419.46% | 2580.38% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$48.90M | -$108.4M | -$562.4K |
Capital Expenditures | -$500.0K | $3.500M | |
Free Cash Flow | -$48.40M | -$111.9M | |
YoY Change | 362.4% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2021 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001824502 | |
CY2021 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2021 | |
CY2021 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2021Q3 | achr |
Share Based Compensation Arrangement By Share Based Payment Award Founder Grants Vesting Percentage Upon Achievements
ShareBasedCompensationArrangementByShareBasedPaymentAwardFounderGrantsVestingPercentageUponAchievements
|
0.25 | |
CY2021 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2021 | dei |
Document Type
DocumentType
|
10-K | |
CY2021 | dei |
Document Annual Report
DocumentAnnualReport
|
true | |
CY2021 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2021-12-31 | |
CY2021 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2021 | dei |
Document Transition Report
DocumentTransitionReport
|
false | |
CY2021 | dei |
Entity File Number
EntityFileNumber
|
001-39668 | |
CY2021 | dei |
Entity Registrant Name
EntityRegistrantName
|
Archer Aviation Inc. | |
CY2021 | dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
DE | |
CY2021 | dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
85-2730902 | |
CY2021 | dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
1880 Embarcadero Road | |
CY2021 | dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Palo Alto | |
CY2021 | dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
CA | |
CY2021 | dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
94303 | |
CY2021 | dei |
City Area Code
CityAreaCode
|
650 | |
CY2021 | dei |
Local Phone Number
LocalPhoneNumber
|
272-3233 | |
CY2021 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
CY2021 | dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | |
CY2021 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2021 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2021 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | |
CY2021 | dei |
Entity Small Business
EntitySmallBusiness
|
true | |
CY2021 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
true | |
CY2021 | dei |
Entity Ex Transition Period
EntityExTransitionPeriod
|
false | |
CY2021 | dei |
Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
|
false | |
CY2021 | dei |
Entity Shell Company
EntityShellCompany
|
false | |
CY2021Q2 | dei |
Entity Public Float
EntityPublicFloat
|
522500000 | USD |
CY2021 | dei |
Auditor Firm
AuditorFirmId
|
238 | |
CY2021 | dei |
Auditor Name
AuditorName
|
PricewaterhouseCoopers LLP | |
CY2021 | dei |
Auditor Location
AuditorLocation
|
Irvine, California | |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
746900000 | USD |
CY2020Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
36600000 | USD |
CY2021Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
7600000 | USD |
CY2020Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
800000 | USD |
CY2021Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
300000 | USD |
CY2020Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
0 | USD |
CY2021Q4 | us-gaap |
Assets Current
AssetsCurrent
|
754800000 | USD |
CY2020Q4 | us-gaap |
Assets Current
AssetsCurrent
|
37400000 | USD |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
5900000 | USD |
CY2020Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1600000 | USD |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
500000 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
500000 | USD |
CY2021Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
4500000 | USD |
CY2020Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
2300000 | USD |
CY2021Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
2700000 | USD |
CY2020Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
0 | USD |
CY2021Q4 | us-gaap |
Assets
Assets
|
768400000 | USD |
CY2020Q4 | us-gaap |
Assets
Assets
|
41800000 | USD |
CY2021Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
3400000 | USD |
CY2020Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
2100000 | USD |
CY2021Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
3100000 | USD |
CY2020Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
800000 | USD |
CY2021Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
9500000 | USD |
CY2020Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
600000 | USD |
CY2021Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
12300000 | USD |
CY2020Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
300000 | USD |
CY2021Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
28300000 | USD |
CY2020Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
3800000 | USD |
CY2021Q4 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
9300000 | USD |
CY2020Q4 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
300000 | USD |
CY2021Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1200000 | USD |
CY2020Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1500000 | USD |
CY2021Q4 | achr |
Warrant Liabilities Noncurrent
WarrantLiabilitiesNoncurrent
|
30300000 | USD |
CY2020Q4 | achr |
Warrant Liabilities Noncurrent
WarrantLiabilitiesNoncurrent
|
0 | USD |
CY2021Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
400000 | USD |
CY2020Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
300000 | USD |
CY2021Q4 | us-gaap |
Liabilities
Liabilities
|
69500000 | USD |
CY2020Q4 | us-gaap |
Liabilities
Liabilities
|
5900000 | USD |
CY2021Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2020Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2021Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2020Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2021Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2020Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2021Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2020Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2020Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2021Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2021Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2020Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2021Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
1072500000 | USD |
CY2020Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
61700000 | USD |
CY2021Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-373600000 | USD |
CY2020Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-25800000 | USD |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
698900000 | USD |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
35900000 | USD |
CY2021Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
768400000 | USD |
CY2020Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
41800000 | USD |
CY2021 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
64300000 | USD |
CY2020 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
21100000 | USD |
CY2021 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
176700000 | USD |
CY2020 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3500000 | USD |
CY2021 | achr |
Other Warrant Expense
OtherWarrantExpense
|
117300000 | USD |
CY2020 | achr |
Other Warrant Expense
OtherWarrantExpense
|
0 | USD |
CY2021 | us-gaap |
Operating Expenses
OperatingExpenses
|
358300000 | USD |
CY2020 | us-gaap |
Operating Expenses
OperatingExpenses
|
24600000 | USD |
CY2021 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-358300000 | USD |
CY2020 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-24600000 | USD |
CY2021 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
900000 | USD |
CY2020 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | USD |
CY2021 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
10600000 | USD |
CY2020 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
0 | USD |
CY2021 | us-gaap |
Interest Expense
InterestExpense
|
1000000.0 | USD |
CY2020 | us-gaap |
Interest Expense
InterestExpense
|
200000 | USD |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-347800000 | USD |
CY2020 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-24800000 | USD |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-347800000 | USD |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-347800000 | USD |
CY2020 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-24800000 | USD |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-24800000 | USD |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-3.14 | |
CY2021 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
5500000 | USD |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-3.14 | |
CY2020 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.49 | |
CY2020 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.49 | |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
110836238 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
110836238 | shares |
CY2020 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
50164360 | shares |
CY2020 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
50164360 | shares |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
35900000 | USD |
CY2021 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
118100000 | USD |
CY2021 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
500000 | USD |
CY2021 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
124300000 | USD |
CY2021 | us-gaap |
Stock And Warrants Issued During Period Value Preferred Stock And Warrants
StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants
|
100000 | USD |
CY2021 | achr |
Stock Issued During Period Value Reverse Recapitalization
StockIssuedDuringPeriodValueReverseRecapitalization
|
162300000 | USD |
CY2021 | achr |
Stock Issued During Period Value Pipe Financing
StockIssuedDuringPeriodValuePIPEFinancing
|
600000000.0 | USD |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-347800000 | USD |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
698900000 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
4900000 | USD |
CY2020 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
0 | USD |
CY2020 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
0 | USD |
CY2020 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
200000 | USD |
CY2020 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
50300000 | USD |
CY2020 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
5300000 | USD |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-24800000 | USD |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
35900000 | USD |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-347800000 | USD |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-24800000 | USD |
CY2021 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
1300000 | USD |
CY2020 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
200000 | USD |
CY2021 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
200000 | USD |
CY2020 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
0 | USD |
CY2021 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
123600000 | USD |
CY2020 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
200000 | USD |
CY2021 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-10400000 | USD |
CY2020 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
0 | USD |
CY2021 | us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
0 | USD |
CY2020 | us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
300000 | USD |
CY2021 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
1700000 | USD |
CY2020 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
0 | USD |
CY2021 | us-gaap |
Other Research And Development Expense
OtherResearchAndDevelopmentExpense
|
7000000.0 | USD |
CY2020 | us-gaap |
Other Research And Development Expense
OtherResearchAndDevelopmentExpense
|
0 | USD |
CY2021 | achr |
Other Warrant Expense
OtherWarrantExpense
|
117300000 | USD |
CY2020 | achr |
Other Warrant Expense
OtherWarrantExpense
|
0 | USD |
CY2021 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
900000 | USD |
CY2020 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | USD |
CY2021 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
6800000 | USD |
CY2020 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
800000 | USD |
CY2021 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
300000 | USD |
CY2020 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
0 | USD |
CY2021 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
2700000 | USD |
CY2020 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
0 | USD |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-800000 | USD |
CY2020 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
1600000 | USD |
CY2021 | us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
12100000 | USD |
CY2020 | us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
200000 | USD |
CY2021 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-1900000 | USD |
CY2020 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
0 | USD |
CY2021 | us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
0 | USD |
CY2020 | us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
300000 | USD |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-108400000 | USD |
CY2020 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-22800000 | USD |
CY2021 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
3500000 | USD |
CY2020 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1400000 | USD |
CY2021 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
0 | USD |
CY2020 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
500000 | USD |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-3500000 | USD |
CY2020 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1900000 | USD |
CY2021 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
20000000.0 | USD |
CY2020 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
900000 | USD |
CY2021 | us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
600000000.0 | USD |
CY2020 | us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
0 | USD |
CY2021 | achr |
Proceeds From Recapitalization Transaction
ProceedsFromRecapitalizationTransaction
|
257600000 | USD |
CY2020 | achr |
Proceeds From Recapitalization Transaction
ProceedsFromRecapitalizationTransaction
|
0 | USD |
CY2021 | achr |
Payments For Reverse Recapitalization Transaction Costs
PaymentsForReverseRecapitalizationTransactionCosts
|
55800000 | USD |
CY2020 | achr |
Payments For Reverse Recapitalization Transaction Costs
PaymentsForReverseRecapitalizationTransactionCosts
|
0 | USD |
CY2021 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
500000 | USD |
CY2020 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | USD |
CY2021 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
100000 | USD |
CY2020 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
0 | USD |
CY2021 | us-gaap |
Proceeds From Issuance Of Redeemable Convertible Preferred Stock
ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock
|
0 | USD |
CY2020 | us-gaap |
Proceeds From Issuance Of Redeemable Convertible Preferred Stock
ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock
|
50300000 | USD |
CY2021 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
200000 | USD |
CY2020 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | USD |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
822200000 | USD |
CY2020 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
51200000 | USD |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
710300000 | USD |
CY2020 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
26500000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
36600000 | USD |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
10100000 | USD |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
746900000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
36600000 | USD |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
700000 | USD |
CY2020 | us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | USD |
CY2021 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
2100000 | USD |
CY2020 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
300000 | USD |
CY2021 | us-gaap |
Notes Reduction
NotesReduction
|
0 | USD |
CY2020 | us-gaap |
Notes Reduction
NotesReduction
|
5300000 | USD |
CY2021 | achr |
Allocation Of Debt Proceeds To Stock Warrants
AllocationOfDebtProceedsToStockWarrants
|
1200000 | USD |
CY2020 | achr |
Allocation Of Debt Proceeds To Stock Warrants
AllocationOfDebtProceedsToStockWarrants
|
0 | USD |
CY2021 | us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
61500000 | USD |
CY2020 | us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
0 | USD |
CY2021 | achr |
Pipe Financing Issuance Costs Settled With The Issuance
PIPEFinancingIssuanceCostsSettledWithTheIssuance
|
7000000.0 | USD |
CY2020 | achr |
Pipe Financing Issuance Costs Settled With The Issuance
PIPEFinancingIssuanceCostsSettledWithTheIssuance
|
0 | USD |
CY2021 | achr |
Recapitalization Transaction Costs Settled With The Issuance Of Class A Common Stock
RecapitalizationTransactionCostsSettledWithTheIssuanceOfClassACommonStock
|
8100000 | USD |
CY2020 | achr |
Recapitalization Transaction Costs Settled With The Issuance Of Class A Common Stock
RecapitalizationTransactionCostsSettledWithTheIssuanceOfClassACommonStock
|
0 | USD |
CY2021 | us-gaap |
Nature Of Operations
NatureOfOperations
|
Organization and Nature of Business<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Organization and Nature of Business</span></div><div style="text-indent:18pt"><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Archer Aviation Inc. (the “Company” “we,” “us” or “our”), a Delaware corporation, with our headquarters located in Palo Alto, California, is an aerospace company. The Company is a former blank check company incorporated on August 26, 2020 under the name Atlas Crest Investment Corp. (“Atlas”) as a Delaware corporation and formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.</span></div><div style="margin-top:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our mission is to advance the benefits of sustainable air mobility. Our goal is to move people throughout the world's cities in a quick, safe, sustainable, and cost-effective manner. To accomplish this goal, we are designing and developing an electric vertical takeoff and landing (“eVTOL”) aircraft for use in future urban air mobility (“UAM”) networks.</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Our Planned Lines of Business </span></div><div><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Upon receipt of all necessary Federal Aviation Administration (“FAA”) certifications and any other government approvals necessary for us to manufacture and operate our aircraft, we intend to operate two complementary lines of business. Our core focus is direct-to-consumer (“Archer UAM”) with our secondary focus being business-to-business (“Archer Direct”). </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Archer UAM</span></div><div><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> We plan to operate our own UAM ecosystem initially in select major U.S. cities, such as Los Angeles and Miami. Our UAM ecosystem will operate using our eVTOL aircraft which is currently in development. </span></div><div style="text-indent:18pt"><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Archer Direct</span></div><div><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We also plan to selectively sell a certain amount of our eVTOL aircraft to third parties. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Business Combination</span></div><div style="text-indent:18pt"><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On September 16, 2021 (the “Closing Date”), Archer Aviation, Inc., a Delaware corporation (prior to the closing of the Business Combination (as defined below), “Legacy Archer”), Atlas, and Artemis Acquisition Sub Inc., a Delaware corporation and a direct, wholly-owned subsidiary of Atlas (“Merger Sub”), consummated the closing of the transactions contemplated by the Business Combination Agreement, dated February 10, 2021, as amended and restated on July 29, 2021, by and among Atlas, Legacy Archer and Merger Sub (the “Business Combination Agreement”), following approval at a special meeting of the stockholders of Atlas held on September 14, 2021 (the “Special Meeting”). Unless otherwise specified or unless the context otherwise requires, references in these notes to Legacy Archer refer to Archer prior to the Business Combination and references in these notes to “New Archer” refer to Archer following the Business Combination.</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%"> </span></div><div style="margin-top:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Pursuant to the terms of the Business Combination Agreement, a business combination of Legacy Archer and Atlas was effected by the merger of Merger Sub with and into Legacy Archer, with Legacy Archer surviving the merger (the “Surviving Entity”) as a wholly-owned subsidiary of Atlas (the “Merger,” and, collectively with the other transactions described in the Business Combination Agreement, the “Business Combination”). Following the consummation of the Merger on the Closing Date, the Surviving Entity changed its name from Archer Aviation, Inc. to Archer Aviation Operating Corp., and Atlas changed its name from Atlas Crest Investment Corp. to Archer Aviation Inc. and it became the successor registrant with the U.S. Securities and Exchange Commission (the “SEC”). Prior to the closing of the Business Combination, the Class A common stock and public warrants of Atlas were listed on the New York Stock Exchange (“NYSE”) under the symbols “ACIC” and “ACIC WS,” respectively. New Archer Class A common stock and public warrants are currently listed on the NYSE under the symbols “ACHR” and “ACHR WS,” respectively.</span></div><div style="margin-top:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Additionally, certain investors had agreed to subscribe for and purchase an aggregate of up to $600.0 million of Class A common stock of the combined company (“PIPE Financing”). The PIPE Financing was consummated substantially concurrent with the closing of the Merger. </span></div><div style="margin-top:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Business Combination generated gross cash proceeds of $857.6 million, including $600.0 million proceeds from the PIPE Financing. Total direct and incremental transaction costs aggregated $81.8 million, of which $10.9 million were expensed as part of the Business Combination, $55.8 million were recorded to additional paid-in-capital (“APIC”) as equity issuance costs, and the remaining $15.1 million was settled through the issuance of shares of New Archer Class A common stock.</span></div><div style="margin-top:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">While the legal acquirer in the Business Combination Agreement was Atlas, for financial accounting and reporting purposes under accounting principles generally accepted in the United States of America (“U.S. GAAP”), Legacy Archer is the accounting acquirer, and the Business Combination is accounted for as a “reverse recapitalization.” A reverse recapitalization does not result in a new basis of accounting, and the financial statements of the combined entity represent the continuation of the financial statements of Legacy Archer in many respects. Under this method of accounting, Atlas is treated as the “acquired” company for financial reporting purposes. For accounting purposes, Legacy Archer is deemed to be the accounting acquirer in the transaction and, consequently, the transaction is treated as a recapitalization of Legacy Archer (i.e., a capital transaction involving the issuance of stock by Atlas for the stock of New Archer). Refer to Note 4 for additional information.</span></div><div><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The financial statements included in this report reflect (i) the historical operating results of Legacy Archer prior to the Business Combination; (ii) the combined results of Atlas and Legacy Archer following the closing of the Business Combination; (iii) the assets and liabilities of Legacy Archer at their historical cost; and (iv) the Company’s equity structure for all periods presented.</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">COVID-19 Pandemic</span></div><div style="margin-top:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In March 2020, the World Health Organization declared the outbreak of COVID-19 a global pandemic. The rapid spread of COVID-19 caused volatility and disruption in financial markets and prompted governments and businesses to take unprecedented measures such as travel restrictions, quarantines, shelter-in-place orders, and business shutdowns. The impact of the COVID-19 pandemic continues to evolve due to, among other reasons, the emergence of additional variants or strains of COVID-19. As such, the full magnitude of the pandemic’s effect on our financial condition, liquidity, and future results of operations is uncertain. Management continues to actively monitor our financial condition, liquidity, operations, suppliers, industry, and workforce, but currently does not anticipate any material impairments as a result of COVID-19 and will continue to evaluate the impact of COVID-19 on an ongoing basis. See Part I, Item 1A, “Risk Factors” in this Annual Report for more information.</span></div> | |
CY2021Q3 | us-gaap |
Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
|
600000000 | USD |
CY2021Q3 | achr |
Proceeds From Private Placement And Recapitalization Transaction Gross
ProceedsFromPrivatePlacementAndRecapitalizationTransactionGross
|
857600000 | USD |
CY2021Q3 | us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
600000000 | USD |
CY2021Q3 | achr |
Payments Of Reverse Recapitalization Transaction Costs
PaymentsOfReverseRecapitalizationTransactionCosts
|
81800000 | USD |
CY2021Q3 | achr |
Reverse Recapitalization Transaction Costs
ReverseRecapitalizationTransactionCosts
|
10900000 | USD |
CY2021Q3 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
55800000 | USD |
CY2021Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-373600000 | USD |
CY2021 | achr |
Proceeds From Private Placement And Recapitalization Transaction
ProceedsFromPrivatePlacementAndRecapitalizationTransaction
|
801800000 | USD |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
746900000 | USD |
CY2021 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-top:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent liabilities at the date of the consolidated financial statements and the reported amounts of expenses during the reporting period. </span></div><div style="margin-top:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On an ongoing basis, management evaluates its estimates, including those related to the: (i) realization of deferred tax assets and estimates of tax liabilities, (ii) valuation of common stock, (iii) fair value of debt, (iv) fair value of share-based payments, (v) valuation of leased assets and liabilities, and (vi) estimated useful lives of long-lived assets. These estimates are based on historical data and experience, as well as various other factors that management believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities that are not readily apparent from other sources. Such estimates often require the selection of appropriate valuation methodologies and models and may involve significant judgment in evaluating ranges of assumptions and financial inputs. Actual results may differ from those estimates under different assumptions, financial inputs, or circumstances. Given the global economic climate and unpredictable nature and unknown duration of the COVID-19 pandemic, estimates are subject to additional volatility.</span></div> | |
CY2021Q3 | us-gaap |
Preferred Stock Convertible Conversion Ratio
PreferredStockConvertibleConversionRatio
|
1 | |
CY2021Q3 | achr |
Recapitalization Exchange Ratio
RecapitalizationExchangeRatio
|
1.00656519 | |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
746900000 | USD |
CY2020Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
36600000 | USD |
CY2021 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="margin-top:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentration of Credit Risk</span></div><div style="margin-top:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash, cash equivalents, and deposits. The Company’s cash and cash equivalents are held at major financial institutions located in the United States of America. At times, cash account balances with any one financial institution may exceed Federal Deposit Insurance Corporation insurance limits ($250 thousand per depositor per institution). Management believes the financial institutions that hold the Company’s cash and cash equivalents are financially sound, and accordingly, minimal credit risk exists with respect to cash and cash equivalents.</span></div> | |
CY2021 | achr |
Warrant Liability Term
WarrantLiabilityTerm
|
P4Y8M15D | |
CY2021 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-10400000 | USD |
CY2021 | us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P15Y | |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
500000 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
500000 | USD |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
36000 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
3000 | USD |
CY2021 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
33000 | USD |
CY2020 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
3000 | USD |
CY2021 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
80087974 | shares |
CY2020 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
14879023 | shares |
CY2021 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | segment |
CY2021 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment |
CY2021Q3 | achr |
Proceeds From Recapitalization Transaction
ProceedsFromRecapitalizationTransaction
|
257600000 | USD |
CY2021Q3 | achr |
Proceeds From Reverse Recapitalization Net Of Redemptions
ProceedsFromReverseRecapitalizationNetOfRedemptions
|
242400000 | USD |
CY2021Q3 | us-gaap |
Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
|
1 | shares |
CY2021Q3 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
|
10004612 | shares |
CY2021Q3 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
61512500 | shares |
CY2021Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
232638568 | shares |
CY2021Q3 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
24666667 | shares |
CY2021Q3 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
11.50 | |
CY2021Q3 | achr |
Payments Of Reverse Recapitalization Transaction Costs
PaymentsOfReverseRecapitalizationTransactionCosts
|
81800000 | USD |
CY2021Q3 | achr |
Reverse Recapitalization Transaction Costs
ReverseRecapitalizationTransactionCosts
|
10900000 | USD |
CY2021Q3 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
55800000 | USD |
CY2021Q1 | us-gaap |
Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
|
60000000 | shares |
CY2021Q3 | achr |
Cash Acquired Through Reverse Recapitalization
CashAcquiredThroughReverseRecapitalization
|
201800000 | USD |
CY2021Q3 | achr |
Warrant Liability
WarrantLiability
|
39500000 | USD |
CY2021Q3 | achr |
Reverse Recapitalization Net
ReverseRecapitalizationNet
|
162300000 | USD |
CY2021Q3 | achr |
Reverse Recapitalization Contingent Consideration Equity Earnout Period
ReverseRecapitalizationContingentConsiderationEquityEarnoutPeriod
|
P3Y | |
CY2021Q3 | achr |
Reverse Recapitalization Contingent Consideration Equity Earnout Period Stock Price Trigger
ReverseRecapitalizationContingentConsiderationEquityEarnoutPeriodStockPriceTrigger
|
12.00 | |
CY2021Q3 | achr |
Reverse Recapitalization Contingent Consideration Equity Threshold Trading Days
ReverseRecapitalizationContingentConsiderationEquityThresholdTradingDays
|
10 | trading_day |
CY2021Q3 | achr |
Reverse Recapitalization Contingent Consideration Equity Threshold Consecutive Trading Days
ReverseRecapitalizationContingentConsiderationEquityThresholdConsecutiveTradingDays
|
20 | trading_day |
CY2021Q1 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
10 | |
CY2021Q1 | us-gaap |
Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
|
600000000 | USD |
CY2021Q3 | achr |
Stock Issued During Period Shares Business Combination And Pipe Financing Fees
StockIssuedDuringPeriodSharesBusinessCombinationAndPIPEFinancingFees
|
1512500 | shares |
CY2021Q3 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
4738344 | shares |
CY2021Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
|
2540925 | shares |
CY2021Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
59851643 | shares |
CY2021Q3 | achr |
Stock Converted Reverse Recapitalization
StockConvertedReverseRecapitalization
|
64884120 | shares |
CY2021Q3 | achr |
Stock Issued During Period Shares Reverse Recapitalization
StockIssuedDuringPeriodSharesReverseRecapitalization
|
101269813 | shares |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
7300000 | USD |
CY2020Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
200000 | USD |
CY2020Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1700000 | USD |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1400000 | USD |
CY2020Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
100000 | USD |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
5900000 | USD |
CY2020Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1600000 | USD |
CY2021 | us-gaap |
Depreciation
Depreciation
|
1300000 | USD |
CY2020 | us-gaap |
Depreciation
Depreciation
|
100000 | USD |
CY2021Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
6900000 | USD |
CY2020Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
0 | USD |
CY2021Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
2600000 | USD |
CY2021Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
600000 | USD |
CY2021Q4 | achr |
Accrued Parts And Materials
AccruedPartsAndMaterials
|
900000 | USD |
CY2020Q4 | achr |
Accrued Parts And Materials
AccruedPartsAndMaterials
|
0 | USD |
CY2020Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
0 | USD |
CY2021Q4 | achr |
Accrued Capital Expenditures
AccruedCapitalExpenditures
|
400000 | USD |
CY2020Q4 | achr |
Accrued Capital Expenditures
AccruedCapitalExpenditures
|
0 | USD |
CY2021Q4 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
300000 | USD |
CY2020Q4 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
0 | USD |
CY2021Q4 | us-gaap |
Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
|
600000 | USD |
CY2020Q4 | us-gaap |
Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
|
100000 | USD |
CY2021Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
12300000 | USD |
CY2020Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
300000 | USD |
CY2021Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
1200000 | USD |
CY2020Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
0 | USD |
CY2021Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
18800000 | USD |
CY2020Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
900000 | USD |
CY2021Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
9500000 | USD |
CY2020Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
600000 | USD |
CY2021Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
9300000 | USD |
CY2020Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
300000 | USD |
CY2021Q4 | achr |
Warrant Liability Fair Value Disclosure
WarrantLiabilityFairValueDisclosure
|
1200000 | USD |
CY2021Q4 | achr |
Warranty Liability First Scenario Outside Date Weighted
WarrantyLiabilityFirstScenarioOutsideDateWeighted
|
0.95 | |
CY2021Q4 | achr |
Warranty Liability Second Scenario Outside Date Weighted
WarrantyLiabilitySecondScenarioOutsideDateWeighted
|
0.05 | |
CY2021Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
10000000.0 | USD |
CY2021Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
10000000.0 | USD |
CY2021Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
20000000.0 | USD |
CY2021 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
2100000 | USD |
CY2020 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
100000 | USD |
CY2021Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P16Y | |
CY2020Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P30Y | |
CY2021Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.1106 | |
CY2020Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.1217 | |
CY2021Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
3400000 | USD |
CY2021Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
1200000 | USD |
CY2021Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
4600000 | USD |
CY2021Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
300000 | USD |
CY2021Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2021Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
4300000 | USD |
CY2021 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
1900000 | USD |
CY2020 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
100000 | USD |
CY2021 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
3700000 | USD |
CY2020 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
2300000 | USD |
CY2021Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2021Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2021 | us-gaap |
Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
|
1 | shares |
CY2021 | us-gaap |
Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
|
1 | shares |
CY2021 | achr |
Common Stock Conversion Terms Period Following That A Founder Ceases Services To The Company
CommonStockConversionTermsPeriodFollowingThatAFounderCeasesServicesToTheCompany
|
P12M | |
CY2021Q1 | achr |
Valuation Of Common Stock Per Share
ValuationOfCommonStockPerShare
|
13.35 | |
CY2021 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
123600000 | USD |
CY2020 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
200000 | USD |
CY2021Q1 | achr |
Purchase Agreement Number Of Aircraft
PurchaseAgreementNumberOfAircraft
|
200 | aircraft |
CY2021Q1 | achr |
Purchase Agreement Option To Purchase Additional Aircraft
PurchaseAgreementOptionToPurchaseAdditionalAircraft
|
100 | aircraft |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-347800000 | USD |
CY2020 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-24800000 | USD |
CY2020 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
0 | USD |
CY2021 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
0 | USD |
CY2020 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
0 | USD |
CY2021 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
0 | USD |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.026 | |
CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.088 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
|
-0.002 | |
CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
|
-0.001 | |
CY2021 | achr |
Effective Income Tax Rate Reconciliation Warrant Expense Percent
EffectiveIncomeTaxRateReconciliationWarrantExpensePercent
|
-0.071 | |
CY2020 | achr |
Effective Income Tax Rate Reconciliation Warrant Expense Percent
EffectiveIncomeTaxRateReconciliationWarrantExpensePercent
|
0 | |
CY2021 | achr |
Effective Income Tax Rate Reconciliation Section162m Limitation Percent
EffectiveIncomeTaxRateReconciliationSection162mLimitationPercent
|
-0.069 | |
CY2020 | achr |
Effective Income Tax Rate Reconciliation Section162m Limitation Percent
EffectiveIncomeTaxRateReconciliationSection162mLimitationPercent
|
0 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
|
0.008 | |
CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
|
0 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
|
0.013 | |
CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
|
0 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.115 | |
CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.297 | |
CY2021 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.000 | |
CY2020 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.000 | |
CY2021Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
22400000 | USD |
CY2020Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
7500000 | USD |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
|
700000 | USD |
CY2020Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
|
0 | USD |
CY2021Q4 | achr |
Deferred Tax Assets Operating Lease Liability
DeferredTaxAssetsOperatingLeaseLiability
|
1200000 | USD |
CY2020Q4 | achr |
Deferred Tax Assets Operating Lease Liability
DeferredTaxAssetsOperatingLeaseLiability
|
700000 | USD |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
1300000 | USD |
CY2020Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
0 | USD |
CY2021Q4 | achr |
Deferred Tax Asset Warrants
DeferredTaxAssetWarrants
|
2000000.0 | USD |
CY2020Q4 | achr |
Deferred Tax Asset Warrants
DeferredTaxAssetWarrants
|
0 | USD |
CY2021Q4 | us-gaap |
Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
|
14900000 | USD |
CY2020Q4 | us-gaap |
Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
|
0 | USD |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
|
6100000 | USD |
CY2020Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
|
0 | USD |
CY2021Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
100000 | USD |
CY2020Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
0 | USD |
CY2021Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
48700000 | USD |
CY2020Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
8200000 | USD |
CY2021Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
47100000 | USD |
CY2020Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
7200000 | USD |
CY2021Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
1600000 | USD |
CY2020Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
1000000.0 | USD |
CY2021Q4 | achr |
Deferred Tax Liabilities Depreciation And Amortization
DeferredTaxLiabilitiesDepreciationAndAmortization
|
300000 | USD |
CY2020Q4 | achr |
Deferred Tax Liabilities Depreciation And Amortization
DeferredTaxLiabilitiesDepreciationAndAmortization
|
400000 | USD |
CY2021Q4 | us-gaap |
Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
|
1300000 | USD |
CY2020Q4 | us-gaap |
Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
|
600000 | USD |
CY2021Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
1600000 | USD |
CY2020Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
1000000.0 | USD |
CY2021Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
0 | USD |
CY2020Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
0 | USD |
CY2021Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
47100000 | USD |
CY2019Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | USD |
CY2020 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
2000000.0 | USD |
CY2020Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
2000000.0 | USD |
CY2021 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
300000 | USD |
CY2021 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
2000000.0 | USD |
CY2021Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
300000 | USD |
CY2020Q4 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
0 | USD |
CY2021Q4 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
0 | USD |
CY2020 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
|
0 | USD |
CY2021 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
|
0 | USD |
CY2021 | us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
|
0.50 | |
CY2021 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
800000 | USD |
CY2020 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
300000 | USD |