2023 Q4 Form 10-Q Financial Statement

#000121390023087084 Filed on November 14, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3 2022 Q4
Revenue $24.59M $42.30M $0.00
YoY Change
Cost Of Revenue $18.35M $33.43M
YoY Change 304.48%
Gross Profit $6.236M $8.863M
YoY Change 121.91%
Gross Profit Margin 25.36% 20.95%
Selling, General & Admin $2.214M $34.09M $681.8K
YoY Change 224.72% -5099.63%
% of Gross Profit 35.5% 384.61%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization -$1.406M $2.028M
YoY Change
% of Gross Profit -22.55% 22.88%
Operating Expenses $17.31M $34.09M $2.580M
YoY Change 570.98% -17536.32%
Operating Profit -$11.08M -$25.23M
YoY Change -13002.88%
Interest Expense $1.902M -$6.951M $2.801M
YoY Change -32.1% -586.48%
% of Operating Profit
Other Income/Expense, Net -$38.00M $9.701M -$1.236M
YoY Change 2973.88% 202.27%
Pretax Income -$50.97M -$22.48M -$743.8K
YoY Change 6753.46% -760.09%
Income Tax -$1.000K $0.00
% Of Pretax Income
Net Earnings -$206.9M -$35.02M -$743.8K
YoY Change 27715.32% -1128.65%
Net Earnings / Revenue -841.33% -82.8%
Basic Earnings Per Share -$5.20 -$0.41
Diluted Earnings Per Share -$5.19 -$0.81 -$0.02
COMMON SHARES
Basic Shares Outstanding 39.82M shares 27.67M shares
Diluted Shares Outstanding 39.83M shares 27.67M shares

Balance Sheet

Concept 2023 Q4 2023 Q3 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.661M $2.545M $72.92K
YoY Change 2177.84% 1400.94%
Cash & Equivalents $1.661M $2.545M $72.92K
Short-Term Investments
Other Short-Term Assets $9.947M $15.03M $120.7K
YoY Change 8142.46% 4517.61%
Inventory $12.50M $7.977M $13.06M
Prepaid Expenses $120.7K
Receivables $26.00M $24.26M $27.72M
Other Receivables $0.00 $0.00
Total Short-Term Assets $50.11M $49.81M $193.6K
YoY Change 25785.33% 9963.17% -80.67%
LONG-TERM ASSETS
Property, Plant & Equipment $4.185M $5.640M $3.476M
YoY Change 20.4% 97.72%
Goodwill
YoY Change
Intangibles $0.00 $42.61M
YoY Change -100.0%
Long-Term Investments $3.500M $349.9M
YoY Change -99.0%
Other Assets $198.0K $9.127M $0.00
YoY Change
Total Long-Term Assets $21.91M $175.3M $349.9M
YoY Change -93.74% -49.5% 1.36%
TOTAL ASSETS
Total Short-Term Assets $50.11M $49.81M $193.6K
Total Long-Term Assets $21.91M $175.3M $349.9M
Total Assets $72.02M $225.1M $350.1M
YoY Change -79.43% -35.24% 1.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $14.57M $15.07M $4.858M
YoY Change 199.92% 437.09%
Accrued Expenses $19.28M $18.04M
YoY Change
Deferred Revenue $2.423M
YoY Change
Short-Term Debt $27.93M $27.16M $828.6K
YoY Change 3271.23% 5534.65%
Long-Term Debt Due $29.19M
YoY Change
Total Short-Term Liabilities $107.4M $74.54M $5.687M
YoY Change 1788.23% 2166.84% 120.45%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $68.32M $0.00
YoY Change
Other Long-Term Liabilities $15.42M $5.900M $5.997M
YoY Change 157.16% -57.89%
Total Long-Term Liabilities $15.42M $5.900M $5.997M
YoY Change 157.16% -57.89%
TOTAL LIABILITIES
Total Short-Term Liabilities $107.4M $74.54M $5.687M
Total Long-Term Liabilities $15.42M $5.900M $5.997M
Total Liabilities $122.8M $152.8M $11.68M
YoY Change 951.04% 783.02% -49.51%
SHAREHOLDERS EQUITY
Retained Earnings -$327.3M -$17.55M
YoY Change 1764.99% -19.95%
Common Stock $7.000K $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$50.78M $72.37M -$11.49M
YoY Change
Total Liabilities & Shareholders Equity $72.02M $225.1M $350.1M
YoY Change -79.43% -35.24% 1.13%

Cashflow Statement

Concept 2023 Q4 2023 Q3 2022 Q4
OPERATING ACTIVITIES
Net Income -$206.9M -$35.02M -$743.8K
YoY Change 27715.32% -1128.65%
Depreciation, Depletion And Amortization -$1.406M $2.028M
YoY Change
Cash From Operating Activities -$20.14M -$26.29M -$321.6K
YoY Change 6162.48% 10153.91%
INVESTING ACTIVITIES
Capital Expenditures $529.0K $1.005M
YoY Change
Acquisitions
YoY Change
Other Investing Activities $8.145M -$236.2M $0.00
YoY Change
Cash From Investing Activities -$530.0K -$237.2M $0.00
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 19.77M 261.5M 225.0K
YoY Change 8686.22%
NET CHANGE
Cash From Operating Activities -20.14M -26.29M -321.6K
Cash From Investing Activities -530.0K -237.2M 0.000
Cash From Financing Activities 19.77M 261.5M 225.0K
Net Change In Cash -903.0K -1.988M -96.63K
YoY Change 834.49% 675.38%
FREE CASH FLOW
Cash From Operating Activities -$20.14M -$26.29M -$321.6K
Capital Expenditures $529.0K $1.005M
Free Cash Flow -$20.67M -$27.30M
YoY Change

Facts In Submission

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IncreaseDecreaseInAccountsReceivable
11823000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3036000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3896000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
5047000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
8326000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-504000 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-1132000 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
15000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
4372000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
190000 usd
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
1587000 usd
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-2056000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-359000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-316000 usd
fact Warranty Provision Noncurrent
WarrantyProvisionNoncurrent
255000 usd
fact Warranty Provision Noncurrent
WarrantyProvisionNoncurrent
-584000 usd
us-gaap Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
-1766000 usd
us-gaap Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
-231000 usd
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-47152000 usd
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-17197000 usd
us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
190000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-46962000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-17197000 usd
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
29000 usd
us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
1505000 usd
us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
1048000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1534000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1048000 usd
us-gaap Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
14102000 usd
us-gaap Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
-9653000 usd
us-gaap Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
-9507000 usd
us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
17750000 usd
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
3500000 usd
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
500000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
25000000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
57000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
28000 usd
fact Proceeds From Merger And Pipe Financing
ProceedsFromMergerAndPIPEFinancing
4219000 usd
us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
15600000 usd
fact Payments For Issuance Of Series D Redeemable Convertible Preferred Stock
PaymentsForIssuanceOfSeriesDRedeemableConvertiblePreferredStock
1317000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
45575000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
13704000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
24000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-2897000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-4541000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8316000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5276000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5419000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
735000 usd
us-gaap Interest Paid Net
InterestPaidNet
1602000 usd
us-gaap Interest Paid Net
InterestPaidNet
1000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-38000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
245000 usd
fact Carlyle Warrant Modification
CarlyleWarrantModification
10862000 usd
fact Reclassification Of Liabilityclassified Warrants To Equityclassified Warrants
ReclassificationOfLiabilityclassifiedWarrantsToEquityclassifiedWarrants
30625000 usd
fact Issuance Of Common Stock Warrants
IssuanceOfCommonStockWarrants
202000 usd
fact Issuance Of Common Stock Warrants
IssuanceOfCommonStockWarrants
3447000 usd
fact Issuance Of Series D Redeemable Convertible Preferred Stock Upon Conversion Of Safe
IssuanceOfSeriesDRedeemableConvertiblePreferredStockUponConversionOfSAFE
6550000 usd
fact Issuance Of Series D Redeemable Convertible Preferred Stock Upon Conversion Of Convertible Debt
IssuanceOfSeriesDRedeemableConvertiblePreferredStockUponConversionOfConvertibleDebt
10680000 usd
fact Issuance Of Convertible Notes Into Common Stock
IssuanceOfConvertibleNotesIntoCommonStock
21561000 usd
fact Issuance Of Convertible Notes Issued To Related Parties Into Common Stock
IssuanceOfConvertibleNotesIssuedToRelatedPartiesIntoCommonStock
19390000 usd
us-gaap Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
155630000 usd
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
35490000 usd
fact Issuance Of Common Stock In Connection With The Merger
IssuanceOfCommonStockInConnectionWithTheMerger
2394000 usd
fact Recapitalization Of Legacy Complete Solaria Common Stock Into Complete Solaria Common Stock
RecapitalizationOfLegacyCompleteSolariaCommonStockIntoCompleteSolariaCommonStock
1000 usd
fact Reclassification Of Investor Related To Pipe Funds
ReclassificationOfInvestorRelatedToPIPEFunds
3500000 usd
fact Forward Purchase Agreements
ForwardPurchaseAgreements
1161512 shares
us-gaap Accelerated Share Repurchases Final Price Paid Per Share
AcceleratedShareRepurchasesFinalPricePaidPerShare
10
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
15700000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
60000 shares
fact Subscription Agreements
SubscriptionAgreements
120000 shares
fact Aggregate Gross Proceeds
AggregateGrossProceeds
600000 usd
fact Reimbursing Sponsors
ReimbursingSponsors
193976 shares
fact Counterparties Issued Additional
CounterpartiesIssuedAdditional
150000 shares
CY2023Q1 us-gaap Excess Stock Shares Authorized
ExcessStockSharesAuthorized
23256504 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
7784739 shares
CY2023Q4 us-gaap Payable Common Stock Redeemed
PayableCommonStockRedeemed
82200000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
4100000 usd
us-gaap Profit Loss
ProfitLoss
10800000 usd
CY2023Q4 us-gaap Retained Earnings Appropriated
RetainedEarningsAppropriated
327300000 usd
CY2023Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
1700000 usd
CY2022 us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
4400000 usd
us-gaap Use Of Estimates
UseOfEstimates
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td><td style="width: 0.25in; text-align: left"><b><i>(a)</i></b></td><td style="text-align: justify"><b><i>Use of Estimates</i></b></td> </tr></table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">The preparation of the Company’s unaudited condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, expenses, as well as related disclosure of contingent assets and liabilities. Significant estimates and assumptions made by management include, but are not limited to, the determination of:</p><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 48px"> </td> <td style="width: 24px; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="text-align: justify; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the allocation of the transaction price to identified performance obligations;</span></td></tr> </table><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 48px"> </td> <td style="width: 24px; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="text-align: justify; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">fair value of warrant liabilities;</span></td></tr> </table><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 48px"> </td> <td style="width: 24px; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="text-align: justify; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the fair value of assets acquired and liabilities assumed for business combinations;</span></td></tr> </table><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 48px"> </td> <td style="width: 24px; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="text-align: justify; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the reserve methodology for inventory obsolescence;</span></td></tr> </table><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 48px"> </td> <td style="width: 24px; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="text-align: justify; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the reserve methodology for product warranty;</span></td></tr> </table><p style="margin: 0pt 0; font: 10pt Times New Roman, Times, Serif"> </p><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 48px"> </td> <td style="width: 24px; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="text-align: justify; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the reserve methodology for the allowance for credit losses; and</span></td></tr> </table><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 48px"> </td> <td style="width: 24px; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="text-align: justify; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the fair value of the forward purchase agreements.</span></td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">To the extent that there are material differences between these estimates and actual results, the Company’s financial condition or operating results will be affected.</p>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td><td style="width: 0.25in; text-align: left"><b><i>(b)</i></b></td><td style="text-align: justify"><b><i>Supply Chain Constraints and Risk</i></b></td> </tr></table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">The Company relies on a very small number of suppliers of solar energy systems and other equipment. If any of the Company’s suppliers was unable or unwilling to provide the Company with contracted quantities in a timely manner at prices, quality levels and volumes acceptable to the Company, the Company would have very limited alternatives for supply, and the Company may not be able find suitable replacements for the Company’s customers, or at all. Such an event could materially adversely affect the Company’s business, prospects, financial condition and results of operations.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">In addition, the global supply chain and the Company’s industry have experienced significant disruptions in recent periods. The Company has seen supply chain challenges and logistics constraints increase, including shortages of panels, inverters, batteries and associated component parts for inverters and solar energy systems available for purchase. In certain cases, this has caused delays in critical equipment and inventory, longer lead times, and has resulted in cost volatility. These shortages and delays can be attributed in part to the COVID-19 pandemic and resulting government action, broader macroeconomic conditions, and have been exacerbated by the ongoing conflicts in Ukraine and Israel. While the Company believes that a majority of the Company’s suppliers have secured sufficient supply to permit them to continue delivery and installations through the end of 2023, if these shortages and delays persist into 2024, they could adversely affect the timing of when battery energy storage systems can be delivered and installed, and when (or if) the Company can begin to generate revenue from those systems. In addition, the Company has experienced and is experiencing varying levels of volatility in costs of equipment and labor resulting in part from disruptions caused by general global economic conditions, including inflationary pressures and the COVID-19 pandemic.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">The Company cannot predict the full effects these events will have on the Company’s business, cash flows, liquidity, financial condition and results of operations at this time due to numerous uncertainties. In the event the Company is unable to mitigate the impact of delays or price volatility in solar energy systems, raw materials, and freight, it could materially adversely affect the Company’s business, prospects, financial condition and results of operations.</p>
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1661000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4409000 usd
CY2023Q4 us-gaap Other Restricted Assets Current
OtherRestrictedAssetsCurrent
3758000 usd
CY2022Q4 us-gaap Other Restricted Assets Current
OtherRestrictedAssetsCurrent
3907000 usd
CY2023Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
5419000 usd
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
8316000 usd
CY2023Q4 us-gaap Revenues
Revenues
24590000 usd
CY2022Q3 us-gaap Revenues
Revenues
12260000 usd
us-gaap Revenues
Revenues
66887000 usd
us-gaap Revenues
Revenues
48974000 usd
CY2023Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1000000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1300000 usd
CY2023Q4 fact Deferred Commission
DeferredCommission
5500000 usd
CY2022Q4 fact Deferred Commission
DeferredCommission
2800000 usd
us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
2500000 usd
us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
3900000 usd
us-gaap Restructuring Reserve Settled Without Cash2
RestructuringReserveSettledWithoutCash2
19700000 usd
CY2023Q4 us-gaap Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
7683000 usd
fact Warrant Liabilities Public Warrants
WarrantLiabilitiesPublicWarrants
1413000 usd
fact Warrant Liabilities Private Warrants
WarrantLiabilitiesPrivateWarrants
1027000 usd
fact Working Capital Warrants
WorkingCapitalWarrants
117000 usd
CY2023Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
6586000 usd
CY2023Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
16826000 usd
CY2022Q4 us-gaap Mandatorily Redeemable Preferred Stock Fair Value Disclosure
MandatorilyRedeemablePreferredStockFairValueDisclosure
14152000 usd
CY2022Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
14152000 usd
us-gaap Stock Issued During Period Shares Purchase Of Assets
StockIssuedDuringPeriodSharesPurchaseOfAssets
2745879 shares
CY2023Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.01
us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Planned Sale Investments Not Identified Description
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerSharePlannedSaleInvestmentsNotIdentifiedDescription
The warrant, which expires on July 18, 2030, provides Carlyle with the right to purchase shares of Complete Solaria Common Stock based on (a) the greater of (i) 1,995,879 shares and (ii) the number of shares equal to 2.795% of Complete Solaria’s issued and outstanding shares of common stock, on a fully-diluted basis; plus (b) on and after the date that is ten (10) days after the date of the amended and restated warrant agreement, an additional 350,000 shares; plus (c) on and after the date that is thirty (30) days after the date of the amended and restated warrant agreement, if the original investment amount has not been repaid, an additional 150,000 shares; plus (d) on and after the date that is ninety (90) days after the date of the amended and restated warrant agreement, if the original investment amount has not been repaid, an additional 250,000 shares, in each case, of Complete Solaria Common Stock at a price of $0.01 per share
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
1170000 usd
us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
19658000 usd
us-gaap Subsidiary Or Equity Method Investee Cumulative Proceeds Received On All Transactions
SubsidiaryOrEquityMethodInvesteeCumulativeProceedsReceivedOnAllTransactions
9523000 usd
CY2023Q4 us-gaap Temporary Equity Share Subscriptions
TemporaryEquityShareSubscriptions
31041243 shares
us-gaap Stock Dividends Shares
StockDividendsShares
19796221 shares
fact Legacy In Shares
LegacyInShares
20034257 shares
us-gaap Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
5460075 shares
CY2023Q4 us-gaap Excess Stock Shares Issued
ExcessStockSharesIssued
45290553 shares
us-gaap Professional Fees
ProfessionalFees
15800000 usd
us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
5200000 usd
us-gaap Interest Costs Incurred
InterestCostsIncurred
10600000 usd
CY2023Q4 us-gaap Cash
Cash
5400000 usd
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
fact Purchase Percentage
PurchasePercentage
0.099 pure
us-gaap Accelerated Share Repurchases Initial Price Paid Per Share
AcceleratedShareRepurchasesInitialPricePaidPerShare
5
CY2023Q4 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
2
CY2023Q4 us-gaap Fair Value Hedge Assets At Fair Value
FairValueHedgeAssetsAtFairValue
100000 usd
us-gaap Other General Expense
OtherGeneralExpense
6700000 usd
CY2023Q4 us-gaap Business Acquisition Purchase Price Allocation Goodwill Expected Tax Deductible Amount
BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount
119400000 usd
fact Goodwill Periods
GoodwillPeriods
P15Y
CY2023Q4 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
3774000 usd
us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
29048000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
43100000 usd
CY2023Q4 us-gaap Prepaid Rent
PrepaidRent
3497000 usd
CY2022Q4 us-gaap Prepaid Rent
PrepaidRent
6255000 usd
CY2023Q4 us-gaap Prepaid Advertising
PrepaidAdvertising
5509000 usd
CY2022Q4 us-gaap Prepaid Advertising
PrepaidAdvertising
2838000 usd
CY2023Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
941000 usd
CY2022Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
978000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
9947000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
10071000 usd
CY2023Q4 us-gaap Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
4102000 usd
us-gaap Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
30609000 usd
CY2023Q4 us-gaap Disposal Group Including Discontinued Operation Gross Profit Loss
DisposalGroupIncludingDiscontinuedOperationGrossProfitLoss
-328000 usd
us-gaap Disposal Group Including Discontinued Operation Gross Profit Loss
DisposalGroupIncludingDiscontinuedOperationGrossProfitLoss
-1561000 usd
CY2023Q4 us-gaap Other Selling And Marketing Expense
OtherSellingAndMarketingExpense
2425000 usd
us-gaap Other Selling And Marketing Expense
OtherSellingAndMarketingExpense
6855000 usd
CY2023Q4 us-gaap Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
5681000 usd
us-gaap Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
12572000 usd
CY2023Q4 us-gaap Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
8106000 usd
us-gaap Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
19427000 usd
CY2023Q4 us-gaap Discontinued Operation Tax Effect Of Income Loss From Disposal Of Discontinued Operation
DiscontinuedOperationTaxEffectOfIncomeLossFromDisposalOfDiscontinuedOperation
-8434000 usd
us-gaap Discontinued Operation Tax Effect Of Income Loss From Disposal Of Discontinued Operation
DiscontinuedOperationTaxEffectOfIncomeLossFromDisposalOfDiscontinuedOperation
-20988000 usd
CY2023Q4 us-gaap Disposal Group Including Discontinued Operation Other Income
DisposalGroupIncludingDiscontinuedOperationOtherIncome
31000 usd
us-gaap Disposal Group Including Discontinued Operation Other Income
DisposalGroupIncludingDiscontinuedOperationOtherIncome
32000 usd
CY2023Q4 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-8403000 usd
us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-20956000 usd
CY2023Q4 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
-1000 usd
us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
3000 usd
CY2023Q4 us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
-147505000 usd
us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
-147505000 usd
CY2023Q4 us-gaap Gain Loss On Disposition Of Real Estate Discontinued Operations
GainLossOnDispositionOfRealEstateDiscontinuedOperations
-155909000 usd
us-gaap Gain Loss On Disposition Of Real Estate Discontinued Operations
GainLossOnDispositionOfRealEstateDiscontinuedOperations
-168458000 usd
CY2023Q4 us-gaap Disposal Group Including Discontinued Operation Intangible Assets
DisposalGroupIncludingDiscontinuedOperationIntangibleAssets
12299 usd
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Intangible Assets
DisposalGroupIncludingDiscontinuedOperationIntangibleAssets
42610 usd
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Goodwill1
DisposalGroupIncludingDiscontinuedOperationGoodwill1
119422 usd
CY2023Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
12299 usd
CY2022Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
162032 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7488000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5954000 usd
CY2023Q4 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
3303000 usd
CY2022Q4 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
2478000 usd
CY2023Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
4185000 usd
CY2022Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
3476000 usd
CY2023Q4 us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
300000 usd
us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
600000 usd
CY2023Q3 us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
200000 usd
us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
400000 usd
CY2023Q4 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
119400000 usd
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
119400000 usd
CY2023Q4 us-gaap Goodwill Gross
GoodwillGross
0 usd
CY2022Q4 us-gaap Goodwill Gross
GoodwillGross
119400000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
43237000 usd
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
-28083000 usd
CY2023Q4 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
12299000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-2855000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
43237000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-627000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
42610000 usd
CY2023Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
738000 usd
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
17000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2228000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
51000 usd
CY2022Q3 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
100000 usd
us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
100000 usd
CY2023Q4 us-gaap Compensation And Benefits Trust
CompensationAndBenefitsTrust
3666000 usd
CY2022Q4 us-gaap Compensation And Benefits Trust
CompensationAndBenefitsTrust
3940000 usd
CY2023Q4 us-gaap Deposit Assets
DepositAssets
1167000 usd
CY2022Q4 us-gaap Deposit Assets
DepositAssets
930000 usd
CY2023Q4 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
3554000 usd
CY2022Q4 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
1914000 usd
CY2023Q4 us-gaap Inventory Adjustments
InventoryAdjustments
1391000 usd
CY2022Q4 us-gaap Inventory Adjustments
InventoryAdjustments
972000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Revolving Converted To Term Loan
FinancingReceivableExcludingAccruedInterestRevolvingConvertedToTermLoan
2175000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Revolving Converted To Term Loan
FinancingReceivableExcludingAccruedInterestRevolvingConvertedToTermLoan
2400000 usd
CY2023Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
2955000 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1853000 usd
CY2023Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
931000 usd
CY2022Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
1245000 usd
CY2023Q4 fact Accrued Rebates And Credits
AccruedRebatesAndCredits
-880000 usd
CY2022Q4 fact Accrued Rebates And Credits
AccruedRebatesAndCredits
-1076000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
720000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
958000 usd
CY2023Q4 fact Revenue Warranty
RevenueWarranty
918000 usd
CY2023Q4 fact Deferred Underwriters Discount Payable
DeferredUnderwritersDiscountPayable
3019000 usd
CY2023Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
605000 usd
CY2022Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
767000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
4693000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3775000 usd
CY2023Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
26674000 usd
CY2022Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
19830000 usd
CY2023Q4 fact Proceeds From Issuance Of Redeemable Convertible Preferred Stock1
ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock1
-39000 usd
CY2022Q3 fact Proceeds From Issuance Of Redeemable Convertible Preferred Stock1
ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock1
-3000 usd
fact Proceeds From Issuance Of Redeemable Convertible Preferred Stock1
ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock1
-9455000 usd
fact Proceeds From Issuance Of Redeemable Convertible Preferred Stock1
ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock1
142000 usd
CY2023Q4 us-gaap Stock And Warrants Issued During Period Value Preferred Stock And Warrants
StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants
12689000 usd
us-gaap Stock And Warrants Issued During Period Value Preferred Stock And Warrants
StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants
12689000 usd
CY2023Q4 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
-4170000 usd
us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
-4170000 usd
fact Gain On Extinguishment Of Convertible Notes And Safe Agreements
GainOnExtinguishmentOfConvertibleNotesAndSAFEAgreements
3235000 usd
CY2023Q4 fact Loss On Extinguishment
LossOnExtinguishment
10338000 usd
fact Loss On Extinguishment
LossOnExtinguishment
10338000 usd
CY2023Q4 fact Issuance Of Common Stock Bonus Shares In Connection With Merger
IssuanceOfCommonStockBonusSharesInConnectionWithMerger
2394000 usd
fact Issuance Of Common Stock Bonus Shares In Connection With Merger
IssuanceOfCommonStockBonusSharesInConnectionWithMerger
2394000 usd
CY2023Q4 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
76000 usd
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
76000 usd
CY2023Q4 us-gaap Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
-6661000 usd
us-gaap Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
-6661000 usd
CY2023Q4 fact Issuance Of Shares In Connection With The Forward Purchase Agreements
IssuanceOfSharesInConnectionWithTheForwardPurchaseAgreements
35490000 usd
fact Issuance Of Shares In Connection With The Forward Purchase Agreements
IssuanceOfSharesInConnectionWithTheForwardPurchaseAgreements
35490000 usd
CY2023Q4 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-94000 usd
CY2022Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
1000 usd
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
191000 usd
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
87000 usd
CY2023Q4 fact Total Other Incomeexpense Net1
TotalOtherIncomeexpenseNet1
-38003000 usd
CY2022Q3 fact Total Other Incomeexpense Net1
TotalOtherIncomeexpenseNet1
4000 usd
fact Total Other Incomeexpense Net1
TotalOtherIncomeexpenseNet1
-28302000 usd
fact Total Other Incomeexpense Net1
TotalOtherIncomeexpenseNet1
3180000 usd
CY2022Q3 us-gaap Interest Income Other
InterestIncomeOther
0 usd
us-gaap Interest Income Other
InterestIncomeOther
1400000 usd
CY2023Q4 us-gaap Interest Income Other
InterestIncomeOther
700000 usd
CY2023Q4 us-gaap Interest Income Other
InterestIncomeOther
300000 usd
CY2023Q4 us-gaap Interest Expense Other
InterestExpenseOther
30700000 usd
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2023Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
27637266 shares
CY2023Q4 us-gaap Employee Stock Ownership Plan Esop Deferred Shares
EmployeeStockOwnershipPlanESOPDeferredShares
2628996 usd
CY2023Q4 fact Stock Options And Rs Us Issued And Outstanding
StockOptionsAndRSUsIssuedAndOutstanding
7013514 shares
CY2023Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
8625023 shares
CY2023Q4 fact Total Share Reserved
TotalShareReserved
45904799 shares
CY2020Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
173067 shares
us-gaap Financial Guarantee Insurance Contracts Claim Liability Weighted Average Risk Free Discount Rate
FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate
0.019 pure
CY2023Q4 fact Warrant Vesting
WarrantVesting
150000 shares
fact Warrant Liability
WarrantLiability
20400000 usd
CY2023Q4 us-gaap Other Additional Capital
OtherAdditionalCapital
9500000 usd
us-gaap Other Income
OtherIncome
12700000 usd
fact Warrants Purchase Shares
warrantsPurchaseShares
8625000 shares
CY2022Q4 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
3434000 usd
CY2022Q4 us-gaap Convertible Debt
ConvertibleDebt
15510000 usd
CY2022Q4 us-gaap Notes Payable
NotesPayable
18944000 usd
CY2021Q2 us-gaap Debt Instrument Issued Principal
DebtInstrumentIssuedPrincipal
500000 usd
CY2021Q2 us-gaap Financing Receivable Modification To Total Financing Receivables Excluding Accrued Interest Percent
FinancingReceivableModificationToTotalFinancingReceivablesExcludingAccruedInterestPercent
0.03 pure
CY2022Q1 us-gaap Debt Instrument Issued Principal
DebtInstrumentIssuedPrincipal
500000 usd
CY2022Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
0 usd
us-gaap Debt Instrument Issued Principal
DebtInstrumentIssuedPrincipal
100000 usd
us-gaap Financing Receivable Modification To Total Financing Receivables Excluding Accrued Interest Percent
FinancingReceivableModificationToTotalFinancingReceivablesExcludingAccruedInterestPercent
0.06 pure
CY2023Q4 us-gaap Equity Ownership Percentage Excluding Consolidated Entity And Equity Method Investee
EquityOwnershipPercentageExcludingConsolidatedEntityAndEquityMethodInvestee
0.80 pure
us-gaap Assets Fair Value Adjustment
AssetsFairValueAdjustment
100000 usd
us-gaap Other Expenses
OtherExpenses
0 usd
CY2023Q4 us-gaap Costs And Expenses
CostsAndExpenses
0 usd
us-gaap Costs And Expenses
CostsAndExpenses
0 usd
CY2022Q3 us-gaap Costs And Expenses
CostsAndExpenses
0 usd
us-gaap Costs And Expenses
CostsAndExpenses
0 usd
us-gaap Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
62500 shares
us-gaap Other Noncash Income Tax Expense
OtherNoncashIncomeTaxExpense
100000 usd
CY2023Q4 us-gaap Unsecured Debt
UnsecuredDebt
100000 usd
CY2021Q4 us-gaap Members Equity
MembersEquity
15000000 usd
CY2022Q1 fact Repaid The Principal And Accrued Interest
RepaidThePrincipalAndAccruedInterest
6700000 usd
CY2022Q4 srt Interest Bearing Liabilities Average Rate Paid
InterestBearingLiabilitiesAverageRatePaid
0.08 pure
CY2023Q4 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
300000 usd
us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
1000000 usd
fact Prime Rate Plus
PrimeRatePlus
0.045 pure
CY2023Q4 us-gaap Debt Instrument Fee Amount
DebtInstrumentFeeAmount
1900000 usd
CY2022Q4 us-gaap Subordinated Borrowing Interest Rate
SubordinatedBorrowingInterestRate
0.70 pure
CY2022Q4 us-gaap Repayments Of Longterm Loans From Vendors
RepaymentsOfLongtermLoansFromVendors
10000000 usd
CY2022Q4 us-gaap Deposits Paid For Securities Borrowed At Carrying Value
DepositsPaidForSecuritiesBorrowedAtCarryingValue
20000000 usd
fact Outstanding Net Debt Amount
OutstandingNetDebtAmount
11700000 usd
CY2023Q4 us-gaap Financing Receivable Unamortized Loan Fee Cost
FinancingReceivableUnamortizedLoanFeeCost
4100000 usd
CY2022 fact Outstanding Net Debt Amount
OutstandingNetDebtAmount
5600000 usd
CY2022Q4 us-gaap Financing Receivable Unamortized Loan Fee Cost
FinancingReceivableUnamortizedLoanFeeCost
100000 usd
CY2023Q4 fact Recognized Interest Expense
RecognizedInterestExpense
0 usd
fact Recognized Interest Expense
RecognizedInterestExpense
3100000 usd
CY2023Q3 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
500000 usd
CY2023Q4 us-gaap Payments For Legal Settlements
PaymentsForLegalSettlements
100000 usd
CY2023Q4 us-gaap Preferred Units Contributed Capital
PreferredUnitsContributedCapital
25600000 usd
CY2023Q4 fact Investment Dividend Payable Percentage
InvestmentDividendPayablePercentage
0.25 pure
fact Exercisable Shares
ExercisableShares
4132513 shares
fact Investment Description
InvestmentDescription
The Carlyle Debt Modification Agreement accelerates the redemption date of the investment, which was previously February 14, 2025 and is March 31, 2024 subsequent to the modification. Additionally, as part of the amendment, the parties entered into an amended and restated warrant agreement. As part of the Carlyle Warrant Amendment, Complete Solaria issued Carlyle a warrant to purchase up to 2,745,879 shares of Complete Solaria Common Stock at a price per share of $0.01, which is inclusive of the outstanding warrant to purchase 1,995,879 shares at the time of modification. The warrant, which expires on July 18, 2030, provides Carlyle with the right to purchase shares of Complete Solaria Common Stock based on (a) the greater of (i) 1,995,879 shares and (ii) the number of shares equal to 2.795% of Complete Solaria’s issued and outstanding shares of common stock, on a fully-diluted basis; plus (b) on and after the date that is ten (10) days after the date of the agreement, an additional 350,000 shares; plus (c) on and after the date that is thirty (30) days after the date of the agreement, if the original investment amount has not been repaid, an additional 150,000 shares; plus (d) on and after the date that is ninety (90) days after the date of the agreement, if the original investment amount has not been repaid, an additional 250,000 shares, in each case, of Complete Solaria Common Stock at a price of $0.01 per share. The warrants are classified as liabilities under ASC 815 and are recorded within warrant liability on the unaudited condensed consolidated statements of operations and comprehensive income (loss).
CY2023Q4 us-gaap Shortterm Debt Fair Value
ShorttermDebtFairValue
28400000 usd
us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
31900000 usd
CY2023Q4 us-gaap Other Liabilities
OtherLiabilities
0 usd
CY2022Q4 us-gaap Other Liabilities
OtherLiabilities
25200000 usd
CY2023Q4 us-gaap Interest Expense Debt
InterestExpenseDebt
1200000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
2700000 usd
CY2023Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
200000 usd
CY2022Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
400000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
900000 usd
CY2023Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
29100000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4970419 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
4.86
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y11M26D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
34180000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
2164946 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
5.18
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
67292 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0.83
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
142218 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
9.46
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6925855 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
4.91
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y9M18D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
2727000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
6925855 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
4.91
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P7Y9M18D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
2727000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
3037856 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
5.16
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P6Y4M24D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
2245000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
728600 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
5
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
155473 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
4.84
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
485468 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
5.07
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
87659 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
5.07
CY2023Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
52167 shares
CY2023Q3 fact Vested Shares Exercise Of Period
VestedSharesExerciseOfPeriod
280412 shares
CY2023Q4 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Percent Currencies
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerSharePercentCurrencies
0.85 pure
CY2023Q4 us-gaap Employee Stock Ownership Plan Esop Fair Value Of Shares Subject To Repurchase Obligation
EmployeeStockOwnershipPlanESOPFairValueOfSharesSubjectToRepurchaseObligation
2628996 usd
CY2023Q4 us-gaap Variable Lease Cost
VariableLeaseCost
100000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
300000 usd
CY2022Q3 us-gaap Variable Lease Cost
VariableLeaseCost
100000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
200000 usd
CY2023Q4 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
300000 usd
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1000000 usd
CY2022Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
200000 usd
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
500000 usd
CY2023Q4 us-gaap Operating Lease Payments
OperatingLeasePayments
300000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
800000 usd
CY2022Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
100000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
400000 usd
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743000 usd
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477000 usd
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565000 usd
CY2023Q4 us-gaap Operating Lease Liability
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1510000 usd
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220 usd
CY2021Q3 us-gaap Legal Fees
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CY2023Q3 us-gaap Gain Loss On Contract Termination
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us-gaap Subadvisory Fees For Mutual Funds
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6000000 usd
CY2023Q4 us-gaap Letters Of Credit Outstanding Amount
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IncomeLossFromContinuingOperations
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CY2023Q4 us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
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us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
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CY2022Q3 us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2023Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2023Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
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IncomeLossFromContinuingOperationsPerBasicShare
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CY2023Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2023Q4 us-gaap Earnings Per Share Basic
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-5.2
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us-gaap Earnings Per Share Basic
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-14.25
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.83
fact Common Stock Warrants
CommonStockWarrants
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CY2022 fact Common Stock Warrants
CommonStockWarrants
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CY2022 fact Preferred Stock Warrants
PreferredStockWarrants
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us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
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CY2022 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
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us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
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CY2022 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
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CY2020 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
3300000 usd
CY2021 us-gaap Related Party Transaction Amounts Of Transaction
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CY2022Q1 us-gaap Gains Losses On Extinguishment Of Debt
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1400000 usd
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12100000 usd
CY2023Q2 srt Financing Receivable Nonaccrual To Outstanding Percent
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0.05 pure
CY2023Q2 us-gaap Customer Funds
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3500000 usd
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3500000 usd
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3500000 usd
us-gaap Proceeds From Related Party Debt
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12100000 usd
CY2023Q4 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
12100000 usd
CY2023Q4 us-gaap Deferred Compensation Arrangement With Individual Shares Authorized For Issuance
DeferredCompensationArrangementWithIndividualSharesAuthorizedForIssuance
5670000 shares
CY2023Q4 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
300000 usd
CY2023Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
5900000 usd
CY2023Q4 us-gaap Related Party Tax Expense Effect Of Change In Allocation Methodology
RelatedPartyTaxExpenseEffectOfChangeInAllocationMethodology
100000 usd
CY2023Q4 us-gaap Related Party Tax Expense Effect Of Change In Allocation Methodology
RelatedPartyTaxExpenseEffectOfChangeInAllocationMethodology
500000 usd
fact Change In Fair Value Of Convertible Note
ChangeInFairValueOfConvertibleNote
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CY2022Q4 us-gaap Other Short Term Borrowings
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CY2022Q4 us-gaap Derivative Liabilities Current
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CY2023Q4 us-gaap Convertible Long Term Notes Payable
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CY2022Q4 us-gaap Deferred Revenue Noncurrent
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CY2023Q4 us-gaap Common Stock Shares Issued
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CY2022Q3 us-gaap Investment Income Interest
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CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2022Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
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CY2022Q3 fact Impairment Loss From Discontinued Operations
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fact Impairment Loss From Discontinued Operations
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CY2022Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
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us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
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CY2022Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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CY2022Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
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us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
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CY2023Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
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us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
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CY2022Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
CY2022Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
CY2023Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-3.91
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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EarningsPerShareDiluted
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EarningsPerShareDiluted
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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13053367 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13431410 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16973195 shares
CY2023Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39830763 shares
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
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us-gaap Gains Losses On Extinguishment Of Debt
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fact Issuance Of Forward Purchase Agreement
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fact Loss On Cs Solis Debt Extinguishment
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us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
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fact Issuance Of Common Stock Bonuses In Connection With The Merger
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us-gaap Stock Option Plan Expense
StockOptionPlanExpense
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us-gaap Net Cash Provided By Used In Discontinued Operations
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us-gaap Payments To Acquire Other Property Plant And Equipment
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us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
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us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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fact Proceeds From Merger And Pipe Financing
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fact Payments For Issuance Of Series D Redeemable Convertible Preferred Stock
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Income Taxes Paid Net
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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fact Carlyle Warrant Modification
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fact Reclassification Of Liabilityclassified Warrants To Equityclassified Warrants
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fact Issuance Of Series D Redeemable Convertible Preferred Stock Upon Conversion Of Safe
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fact Issuance Of Series D Redeemable Convertible Preferred Stock Upon Conversion Of Convertible Debt
IssuanceOfSeriesDRedeemableConvertiblePreferredStockUponConversionOfConvertibleDebt
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fact Issuance Of Convertible Notes Into Common Stock
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fact Issuance Of Convertible Notes Issued To Related Parties Into Common Stock
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us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
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fact Issuance Of Common Stock In Connection With The Merger
IssuanceOfCommonStockInConnectionWithTheMerger
usd
fact Recapitalization Of Legacy Complete Solaria Common Stock Into Complete Solaria Common Stock
RecapitalizationOfLegacyCompleteSolariaCommonStockIntoCompleteSolariaCommonStock
usd
fact Reclassification Of Investor Related To Pipe Funds
ReclassificationOfInvestorRelatedToPIPEFunds
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CY2023Q4 us-gaap Disposal Group Including Discontinued Operation Goodwill1
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CY2023Q4 us-gaap Other Asset Impairment Charges
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CY2023Q3 us-gaap Other Asset Impairment Charges
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us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
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CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
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CY2022Q4 fact Revenue Warranty
RevenueWarranty
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CY2022Q4 fact Deferred Underwriters Discount Payable
DeferredUnderwritersDiscountPayable
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CY2022Q3 us-gaap Stock And Warrants Issued During Period Value Preferred Stock And Warrants
StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants
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us-gaap Stock And Warrants Issued During Period Value Preferred Stock And Warrants
StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants
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CY2022Q3 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
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us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
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CY2023Q4 fact Gain On Extinguishment Of Convertible Notes And Safe Agreements
GainOnExtinguishmentOfConvertibleNotesAndSAFEAgreements
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CY2022Q3 fact Gain On Extinguishment Of Convertible Notes And Safe Agreements
GainOnExtinguishmentOfConvertibleNotesAndSAFEAgreements
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fact Gain On Extinguishment Of Convertible Notes And Safe Agreements
GainOnExtinguishmentOfConvertibleNotesAndSAFEAgreements
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CY2022Q3 fact Loss On Extinguishment
LossOnExtinguishment
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fact Loss On Extinguishment
LossOnExtinguishment
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CY2022Q3 fact Issuance Of Common Stock Bonus Shares In Connection With Merger
IssuanceOfCommonStockBonusSharesInConnectionWithMerger
usd
fact Issuance Of Common Stock Bonus Shares In Connection With Merger
IssuanceOfCommonStockBonusSharesInConnectionWithMerger
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CY2022Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
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CY2022Q3 us-gaap Liabilities Fair Value Adjustment
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us-gaap Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
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CY2022Q3 fact Issuance Of Shares In Connection With The Forward Purchase Agreements
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fact Issuance Of Shares In Connection With The Forward Purchase Agreements
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CY2023Q4 us-gaap Preferred Stock Shares Issued
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shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Payments
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CY2023Q4 us-gaap Convertible Notes Payable
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CY2023Q4 us-gaap Convertible Debt
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CY2023Q4 us-gaap Notes Payable
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CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
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CY2023Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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CY2022Q4 us-gaap Loss Contingency Accrual Carrying Value Current
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CY2022Q3 us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
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us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13053367 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13431410 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16973195 shares
CY2023Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39830763 shares
CY2022Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
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us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.83
CY2023Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
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us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-4.33
CY2022Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
CY2022Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
CY2023Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-3.91
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-9.92
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2023Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-5.19
fact Preferred Stock Warrants
PreferredStockWarrants
shares
CY2023Q4 us-gaap Dividends And Interest Paid
DividendsAndInterestPaid
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us-gaap Dividends And Interest Paid
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CY2022Q3 us-gaap Dividends And Interest Paid
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us-gaap Dividends And Interest Paid
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dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Central Index Key
EntityCentralIndexKey
0001838987

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