2023 Q3 Form 10-Q Financial Statement
#000162828023038275 Filed on November 09, 2023
Income Statement
Concept | 2023 Q3 |
---|---|
Revenue | $0.00 |
YoY Change | |
Cost Of Revenue | |
YoY Change | |
Gross Profit | |
YoY Change | |
Gross Profit Margin | |
Selling, General & Admin | -$21.70M |
YoY Change | -153.45% |
% of Gross Profit | |
Research & Development | $67.80M |
YoY Change | 44.26% |
% of Gross Profit | |
Depreciation & Amortization | $1.800M |
YoY Change | 80.0% |
% of Gross Profit | |
Operating Expenses | $46.20M |
YoY Change | -50.75% |
Operating Profit | -$46.20M |
YoY Change | -50.75% |
Interest Expense | $5.100M |
YoY Change | 240.0% |
% of Operating Profit | |
Other Income/Expense, Net | -$10.40M |
YoY Change | -900.0% |
Pretax Income | -$51.50M |
YoY Change | -43.41% |
Income Tax | $100.0K |
% Of Pretax Income | |
Net Earnings | -$51.60M |
YoY Change | -43.3% |
Net Earnings / Revenue | |
Basic Earnings Per Share | -$0.19 |
Diluted Earnings Per Share | -$0.19 |
COMMON SHARES | |
Basic Shares Outstanding | 277.7M shares |
Diluted Shares Outstanding | 277.7M shares |
Balance Sheet
Concept | 2023 Q3 |
---|---|
SHORT-TERM ASSETS | |
Cash & Short-Term Investments | $461.4M |
YoY Change | -23.18% |
Cash & Equivalents | $461.4M |
Short-Term Investments | $0.00 |
Other Short-Term Assets | $3.100M |
YoY Change | 210.0% |
Inventory | |
Prepaid Expenses | $3.900M |
Receivables | |
Other Receivables | |
Total Short-Term Assets | $475.7M |
YoY Change | -22.69% |
LONG-TERM ASSETS | |
Property, Plant & Equipment | $49.90M |
YoY Change | 404.04% |
Goodwill | |
YoY Change | |
Intangibles | |
YoY Change | |
Long-Term Investments | |
YoY Change | |
Other Assets | $4.100M |
YoY Change | 355.56% |
Total Long-Term Assets | $63.90M |
YoY Change | 186.55% |
TOTAL ASSETS | |
Total Short-Term Assets | $475.7M |
Total Long-Term Assets | $63.90M |
Total Assets | $539.6M |
YoY Change | -15.37% |
SHORT-TERM LIABILITIES | |
YoY Change | |
Accounts Payable | $15.60M |
YoY Change | 200.0% |
Accrued Expenses | $95.40M |
YoY Change | 226.71% |
Deferred Revenue | |
YoY Change | |
Short-Term Debt | $2.300M |
YoY Change | |
Long-Term Debt Due | $2.300M |
YoY Change | -75.53% |
Total Short-Term Liabilities | $117.0M |
YoY Change | 167.12% |
LONG-TERM LIABILITIES | |
Long-Term Debt | $0.00 |
YoY Change | -100.0% |
Other Long-Term Liabilities | $11.80M |
YoY Change | 5.36% |
Total Long-Term Liabilities | $11.80M |
YoY Change | -12.59% |
TOTAL LIABILITIES | |
Total Short-Term Liabilities | $117.0M |
Total Long-Term Liabilities | $11.80M |
Total Liabilities | $175.1M |
YoY Change | 117.79% |
SHAREHOLDERS EQUITY | |
Retained Earnings | -$1.040B |
YoY Change | 74.59% |
Common Stock | |
YoY Change | |
Preferred Stock | |
YoY Change | |
Treasury Stock (at cost) | |
YoY Change | |
Treasury Stock Shares | |
Shareholders Equity | $364.5M |
YoY Change | |
Total Liabilities & Shareholders Equity | $539.6M |
YoY Change | -15.37% |
Cashflow Statement
Concept | 2023 Q3 |
---|---|
OPERATING ACTIVITIES | |
Net Income | -$51.60M |
YoY Change | -43.3% |
Depreciation, Depletion And Amortization | $1.800M |
YoY Change | 80.0% |
Cash From Operating Activities | -$66.80M |
YoY Change | 31.5% |
INVESTING ACTIVITIES | |
Capital Expenditures | $15.80M |
YoY Change | -1153.33% |
Acquisitions | |
YoY Change | |
Other Investing Activities | $0.00 |
YoY Change | -100.0% |
Cash From Investing Activities | -$15.80M |
YoY Change | -96.77% |
FINANCING ACTIVITIES | |
Cash Dividend Paid | |
YoY Change | |
Common Stock Issuance & Retirement, Net | |
YoY Change | |
Debt Paid & Issued, Net | |
YoY Change | |
Cash From Financing Activities | 136.5M |
YoY Change | -5787.5% |
NET CHANGE | |
Cash From Operating Activities | -66.80M |
Cash From Investing Activities | -15.80M |
Cash From Financing Activities | 136.5M |
Net Change In Cash | 53.90M |
YoY Change | -109.94% |
FREE CASH FLOW | |
Cash From Operating Activities | -$66.80M |
Capital Expenditures | $15.80M |
Free Cash Flow | -$82.60M |
YoY Change | 67.55% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
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us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
15800000 | usd | |
CY2022Q3 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
1500000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-348800000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-221900000 | usd | |
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2023 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Entity Ex Transition Period
EntityExTransitionPeriod
|
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dei |
Entity Shell Company
EntityShellCompany
|
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CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
69400000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
2900000 | usd |
CY2023Q3 | us-gaap |
Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
0 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
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CY2023Q3 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
3900000 | usd |
CY2022Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
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CY2023Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
3100000 | usd |
CY2022Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
1600000 | usd |
CY2023Q3 | us-gaap |
Assets Current
AssetsCurrent
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475700000 | usd |
CY2022Q4 | us-gaap |
Assets Current
AssetsCurrent
|
545500000 | usd |
CY2023Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
49900000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
11500000 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
400000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
11900000 | usd |
CY2023Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
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Assets
Assets
|
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Accounts Payable Current
AccountsPayableCurrent
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15600000 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
3600000 | usd |
CY2023Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
2900000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
3700000 | usd |
CY2023Q3 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
2300000 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
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36700000 | usd |
CY2023Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
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CY2022Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
53300000 | usd |
CY2023Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
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13500000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
9200000 | usd |
CY2023Q3 | achr |
Warrant Liabilities Noncurrent
WarrantLiabilitiesNoncurrent
|
32800000 | usd |
CY2022Q4 | achr |
Warrant Liabilities Noncurrent
WarrantLiabilitiesNoncurrent
|
7000000.0 | usd |
CY2023Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
11800000 | usd |
CY2022Q4 | us-gaap |
Liabilities
Liabilities
|
80500000 | usd |
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Commitments And Contingencies
CommitmentsAndContingencies
|
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Commitments And Contingencies
CommitmentsAndContingencies
|
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Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
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Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
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Preferred Stock Shares Authorized
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Preferred Stock Shares Authorized
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Preferred Stock Shares Issued
PreferredStockSharesIssued
|
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Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
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Preferred Stock Value
PreferredStockValue
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CY2022Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
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Additional Paid In Capital
AdditionalPaidInCapital
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Additional Paid In Capital
AdditionalPaidInCapital
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Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
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CY2022Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
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Stockholders Equity
StockholdersEquity
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Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
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Research And Development Expense
ResearchAndDevelopmentExpense
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us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
196900000 | usd | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
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Other Warrant Expense
OtherWarrantExpense
|
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achr |
Other Warrant Expense
OtherWarrantExpense
|
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achr |
Other Warrant Expense
OtherWarrantExpense
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Operating Expenses
OperatingExpenses
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us-gaap |
Operating Expenses
OperatingExpenses
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us-gaap |
Operating Expenses
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Operating Income Loss
OperatingIncomeLoss
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us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
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us-gaap |
Operating Income Loss
OperatingIncomeLoss
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Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
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us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
10800000 | usd | |
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
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CY2022Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
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us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
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us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
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Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
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us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
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Net Income Loss
NetIncomeLoss
|
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us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.35 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.93 | ||
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
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Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
240252605 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
258770262 | shares | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-348800000 | usd | |
CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
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CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
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CY2023Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
18800000 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
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CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
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CY2023Q1 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
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CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
6300000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
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CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
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CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
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Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
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Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
100000 | usd |
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Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
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Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
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Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
100000 | usd |
dei |
Entity Central Index Key
EntityCentralIndexKey
|
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Share Based Compensation Arrangement By Share Based Payment Award Founder Grants Vesting Percentage Upon Achievements
ShareBasedCompensationArrangementByShareBasedPaymentAwardFounderGrantsVestingPercentageUponAchievements
|
0.25 | |
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Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
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Operating Lease Right Of Use Asset
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|
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OtherAssetsNoncurrent
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Assets
Assets
|
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Notes Payable Current
NotesPayableCurrent
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OtherLiabilitiesCurrent
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CY2022Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
11000000.0 | usd |
CY2023Q3 | us-gaap |
Liabilities
Liabilities
|
175100000 | usd |
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Preferred Stock Shares Issued
PreferredStockSharesIssued
|
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Preferred Stock Shares Outstanding
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|
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Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
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General And Administrative Expense Credit
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achr |
General And Administrative Expense Credit
GeneralAndAdministrativeExpenseCredit
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General And Administrative Expense Credit
GeneralAndAdministrativeExpenseCredit
|
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Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
300000 | usd | |
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Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
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Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
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Stock Issued During Period Value Stock Options Exercised
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|
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StockIssuedDuringPeriodValuePIPEFinancing
|
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CY2023Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
8700000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-51600000 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
0 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
364500000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
698900000 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
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CY2022Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
100000 | usd |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
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CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
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Net Income Loss
NetIncomeLoss
|
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CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
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CY2022Q2 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
17900000 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
200000 | usd |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
1600000 | usd |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
6500000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
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CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
618200000 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
18400000 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
100000 | usd |
CY2022Q3 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
6400000 | usd |
CY2022Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
6300000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
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CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-1200000 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
557200000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-348800000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-221900000 | usd | |
us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
4200000 | usd | |
us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
2700000 | usd | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
500000 | usd | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
400000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
24800000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
76300000 | usd | |
achr |
Fair Value Adjustment Of Warrants And Other Warrant Costs
FairValueAdjustmentOfWarrantsAndOtherWarrantCosts
|
25800000 | usd | |
achr |
Fair Value Adjustment Of Warrants And Other Warrant Costs
FairValueAdjustmentOfWarrantsAndOtherWarrantCosts
|
-14400000 | usd | |
achr |
Gain Loss On Issuance Of Common Stock
GainLossOnIssuanceOfCommonStock
|
3600000 | usd | |
achr |
Gain Loss On Issuance Of Common Stock
GainLossOnIssuanceOfCommonStock
|
0 | usd | |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
3100000 | usd | |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
3200000 | usd | |
us-gaap |
Other Research And Development Expense
OtherResearchAndDevelopmentExpense
|
13100000 | usd | |
us-gaap |
Other Research And Development Expense
OtherResearchAndDevelopmentExpense
|
2900000 | usd | |
achr |
Other Warrant Expense
OtherWarrantExpense
|
2100000 | usd | |
achr |
Other Warrant Expense
OtherWarrantExpense
|
6000000.0 | usd | |
achr |
Technology And Dispute Resolution Agreements Expense
TechnologyAndDisputeResolutionAgreementsExpense
|
75300000 | usd | |
achr |
Technology And Dispute Resolution Agreements Expense
TechnologyAndDisputeResolutionAgreementsExpense
|
0 | usd | |
us-gaap |
Interest Income Short Term Investment Increase Decrease
InterestIncomeShortTermInvestmentIncreaseDecrease
|
0 | usd | |
us-gaap |
Interest Income Short Term Investment Increase Decrease
InterestIncomeShortTermInvestmentIncreaseDecrease
|
300000 | usd | |
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
2300000 | usd | |
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
1400000 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-5900000 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
3200000 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-300000 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
500000 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
100000 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-1800000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
10300000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
1500000 | usd | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-1600000 | usd | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
5900000 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
2800000 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-2500000 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
600000 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
10300000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-187600000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-133200000 | usd | |
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
0 | usd | |
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
487600000 | usd | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
465000000.0 | usd | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
0 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
35300000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
3600000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
429700000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-491200000 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
7500000 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
7500000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
3500000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
0 | usd | |
us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
145000000.0 | usd | |
us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
0 | usd | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
6000000.0 | usd | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
0 | usd | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | usd | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
400000 | usd | |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
1300000 | usd | |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
0 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
25000000.0 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
154300000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-7100000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
396400000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-631500000 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
72300000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
746900000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
468700000 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
115400000 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
700000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
1200000 | usd | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
9900000 | usd | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
3200000 | usd | |
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 its headquarters located in San Jose, California, is an aerospace company. The Company is designing and developing electric vertical takeoff and landing (“eVTOL”) aircraft for use in urban air mobility (“UAM”) networks. The Company’s mission is to unlock the skies, freeing everyone to reimagine how they move and spend time.</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%">The Company’s 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 the Company to manufacture and operate its aircraft, the Company intends to operate two complementary lines of business. The Company’s core focus is direct-to-consumer offerings (“Archer UAM”) with its secondary focus being business-to-business offerings (“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%"> The Company plans to operate its own UAM ecosystem initially in select major U.S. cities. The Company’s UAM ecosystem will operate using its 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>The Company also plans to selectively sell a certain amount of its eVTOL aircraft to third parties. | ||
achr |
Number Of Lines Of Business
NumberOfLinesOfBusiness
|
2 | lineofbusiness | |
CY2023Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-1039700000 | usd |
CY2023Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
461400000 | usd |
CY2023Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
461400000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
69400000 | usd |
CY2023Q3 | us-gaap |
Restricted Cash
RestrictedCash
|
7300000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
2900000 | usd |
CY2023Q3 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
468700000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
72300000 | usd |
CY2023Q3 | achr |
Cash Cash Equivalents And Available For Sale Debt Securities Amortized Cost
CashCashEquivalentsAndAvailableForSaleDebtSecuritiesAmortizedCost
|
400400000 | usd |
CY2023Q3 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
0 | usd |
CY2023Q3 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
0 | usd |
CY2023Q3 | achr |
Cash Cash Equivalents And Available For Sale Debt Securities
CashCashEquivalentsAndAvailableForSaleDebtSecurities
|
400400000 | usd |
CY2022Q4 | achr |
Cash Cash Equivalents And Available For Sale Debt Securities Amortized Cost
CashCashEquivalentsAndAvailableForSaleDebtSecuritiesAmortizedCost
|
467000000.0 | usd |
CY2022Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
0 | usd |
CY2022Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
800000 | usd |
CY2022Q4 | achr |
Cash Cash Equivalents And Available For Sale Debt Securities
CashCashEquivalentsAndAvailableForSaleDebtSecurities
|
466200000 | usd |
achr |
Accrued Technology And Dispute Resolution Agreements Liability Term
AccruedTechnologyAndDisputeResolutionAgreementsLiabilityTerm
|
P0Y4M9D | ||
CY2023Q3 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
10200000 | usd |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
25800000 | usd | |
CY2023Q3 | us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P15Y | |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
400000 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
400000 | usd |
CY2023Q3 | us-gaap |
Capitalized Contract Cost Net
CapitalizedContractCostNet
|
3600000 | usd |
CY2022Q4 | us-gaap |
Capitalized Contract Cost Net
CapitalizedContractCostNet
|
3700000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
0 | usd |
CY2023Q3 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
10800000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
10000000 | usd |
CY2023Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
90649269 | shares |
CY2022Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
81440834 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
90649269 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
81440834 | shares | |
CY2023Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
57100000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
15100000 | usd |
CY2023Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
7200000 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
3600000 | usd |
CY2023Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
49900000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
2300000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
9300000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
2300000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
9300000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
11500000 | usd |
CY2023Q3 | us-gaap |
Depreciation
Depreciation
|
1800000 | usd |
CY2022Q3 | us-gaap |
Depreciation
Depreciation
|
1000000.0 | usd |
us-gaap |
Depreciation
Depreciation
|
3700000 | usd | |
us-gaap |
Depreciation
Depreciation
|
2300000 | usd | |
CY2023Q3 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
9000000.0 | usd |
CY2022Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
17200000 | usd |
CY2023Q3 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
14100000 | usd |
CY2022Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
7800000 | usd |
CY2023Q3 | achr |
Accrued Parts And Materials
AccruedPartsAndMaterials
|
10300000 | usd |
CY2022Q4 | achr |
Accrued Parts And Materials
AccruedPartsAndMaterials
|
5200000 | usd |
CY2023Q3 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
900000 | usd |
CY2022Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
300000 | usd |
CY2023Q3 | achr |
Accrued Capital Expenditures
AccruedCapitalExpenditures
|
9200000 | usd |
CY2022Q4 | achr |
Accrued Capital Expenditures
AccruedCapitalExpenditures
|
2900000 | usd |
CY2023Q3 | achr |
Accrued Cloud Computing Implementation Costs
AccruedCloudComputingImplementationCosts
|
900000 | usd |
CY2022Q4 | achr |
Accrued Cloud Computing Implementation Costs
AccruedCloudComputingImplementationCosts
|
2000000.0 | usd |
CY2023Q3 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
0 | usd |
CY2022Q4 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
200000 | usd |
CY2023Q3 | achr |
Accrued Technology And Dispute Resolution Agreements Liability Fair Value Disclosure
AccruedTechnologyAndDisputeResolutionAgreementsLiabilityFairValueDisclosure
|
49000000.0 | usd |
CY2022Q4 | achr |
Accrued Technology And Dispute Resolution Agreements Liability Fair Value Disclosure
AccruedTechnologyAndDisputeResolutionAgreementsLiabilityFairValueDisclosure
|
0 | usd |
CY2023Q3 | us-gaap |
Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
|
2800000 | usd |
CY2022Q4 | us-gaap |
Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
|
1100000 | usd |
CY2023Q3 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
96200000 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
36700000 | usd |
CY2023Q3 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
200000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
700000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
0 | usd |
CY2023Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
2500000 | usd |
CY2023Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
2500000 | usd |
CY2023Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1200000 | usd |
CY2022Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1500000 | usd |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
4500000 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
4100000 | usd | |
CY2023Q3 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
0 | usd |
CY2022Q3 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
100000 | usd |
us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
600000 | usd | |
us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
100000 | usd | |
CY2023Q3 | us-gaap |
Lease Cost
LeaseCost
|
1200000 | usd |
CY2022Q3 | us-gaap |
Lease Cost
LeaseCost
|
1600000 | usd |
us-gaap |
Lease Cost
LeaseCost
|
5100000 | usd | |
us-gaap |
Lease Cost
LeaseCost
|
4200000 | usd | |
CY2023Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P59M | |
CY2022Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P41M | |
CY2023Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.1466 | |
CY2022Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.1146 | |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
1200000 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
5400000 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
5000000.0 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
4600000 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
2100000 | usd |
CY2023Q3 | achr |
Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
|
6700000 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
25000000.0 | usd |
CY2023Q3 | achr |
Lessee Leasehold Improvement Allowance
LesseeLeaseholdImprovementAllowance
|
700000 | usd |
CY2023Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
24300000 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
7900000 | usd |
CY2023Q3 | achr |
Lessee Operating Lease Liability To Be Paid Net
LesseeOperatingLeaseLiabilityToBePaidNet
|
16400000 | usd |
CY2023Q3 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
1000000.0 | usd |
CY2022Q3 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
900000 | usd |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
3800000 | usd | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
2700000 | usd | |
CY2023Q3 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | usd |
CY2022Q3 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | usd |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
400000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
9200000 | usd | |
achr |
General And Administrative Expense Noncash Charges
GeneralAndAdministrativeExpenseNoncashCharges
|
75300000 | usd | |
CY2023Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2023Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0 | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0 | ||
us-gaap |
Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
|
1 | shares | |
us-gaap |
Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
|
1 | shares | |
achr |
Common Stock Conversion Terms Period Following That A Founder Ceases Services To The Company
CommonStockConversionTermsPeriodFollowingThatAFounderCeasesServicesToTheCompany
|
P12M | ||
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
5335974 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.12 | |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P7Y7M28D | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
9400000 | usd |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
1591076 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.12 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
5500000 | usd | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
139385 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
0.12 | ||
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3605513 | shares |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.12 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P6Y10M28D | ||
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
17800000 | usd |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
1260335 | shares |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
0.13 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P7Y3D | ||
CY2023Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
6200000 | usd |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
3605513 | shares |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
0.12 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P6Y10M28D | ||
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
17800000 | usd |
CY2023Q3 | achr |
Amount Reclassified From Legal Expense To Stock Based Compensation Expense
AmountReclassifiedFromLegalExpenseToStockBasedCompensationExpense
|
11000000 | usd |
CY2023Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
-27400000 | usd |
CY2022Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
26200000 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
24800000 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
76300000 | usd | |
CY2021Q1 | achr |
Purchase Agreement Number Of Aircraft
PurchaseAgreementNumberOfAircraft
|
200 | aircraft |
CY2021Q1 | achr |
Purchase Agreement Option To Purchase Additional Aircraft
PurchaseAgreementOptionToPurchaseAdditionalAircraft
|
100 | aircraft |
CY2023Q3 | achr |
Other Warrant Expense
OtherWarrantExpense
|
0 | usd |
achr |
Other Warrant Expense
OtherWarrantExpense
|
2100000 | usd | |
CY2022Q3 | achr |
Other Warrant Expense
OtherWarrantExpense
|
6000000 | usd |
achr |
Other Warrant Expense
OtherWarrantExpense
|
6000000 | usd | |
us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
3600000 | usd | |
CY2023Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
100000 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
300000 | usd | |
CY2022Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | ||
CY2022Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | |
CY2023Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | ||
us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
|
0.50 | ||
CY2023Q3 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
900000 | usd |
us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
2700000 | usd | |
CY2022Q3 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
500000 | usd |
us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
1500000 | usd |