$EVLV
Evolv Technologies Holdings, Inc. Stock $evlv

$evlv Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000162828024022282 Filed on May 09, 2024

Income Statement

Concept	2024 Q2	2024 Q1
Revenue	$25.54M	$21.67M
YoY Change	28.83%	16.61%
Cost Of Revenue	$11.07M	$9.896M
YoY Change	-10.83%	-28.37%
Gross Profit	$14.47M	$11.77M
YoY Change	95.22%	147.05%
Gross Profit Margin	56.66%	54.33%
Selling, General & Admin	$31.08M	$27.85M
YoY Change	26.91%	28.14%
% of Gross Profit	214.74%	236.54%
Research & Development	$5.722M	$6.205M
YoY Change	-10.52%	15.14%
% of Gross Profit	39.54%	52.71%
Depreciation & Amortization	$4.000M	$3.500M
YoY Change	73.91%	94.44%
% of Gross Profit	27.64%	29.73%
Operating Expenses	$36.80M	$34.05M
YoY Change	18.56%	24.93%
Operating Profit	-$22.33M	-$22.28M
YoY Change	-5.5%	-0.95%
Interest Expense	$681.0K	$0.00
YoY Change		-100.0%
% of Operating Profit
Other Income/Expense, Net	$25.79M	$10.63M
YoY Change	-159.8%	-273.81%
Pretax Income	$3.462M	-$11.64M
YoY Change	-105.19%	-59.3%
Income Tax	$0.00	$0.00
% Of Pretax Income	0.0%
Net Earnings	$3.462M	-$11.64M
YoY Change	-105.19%	-59.3%
Net Earnings / Revenue	13.56%	-53.74%
Basic Earnings Per Share	$0.02	-$0.08
Diluted Earnings Per Share	$0.02	-$0.08
COMMON SHARES
Basic Shares Outstanding	156.1M shares	152.2M shares
Diluted Shares Outstanding	171.6M shares	153.1M shares

Balance Sheet

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$56.46M	$81.01M
YoY Change	-63.69%	-55.24%
Cash & Equivalents	$35.70M	$44.60M
Short-Term Investments	$20.76M	$36.42M
Other Short-Term Assets	$24.72M	$25.22M
YoY Change	34.36%	34.8%
Inventory	$18.60M	$11.01M
Prepaid Expenses
Receivables	$36.43M	$22.03M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$137.9M	$141.8M
YoY Change	-36.2%	-39.64%
LONG-TERM ASSETS
Property, Plant & Equipment	$120.0M	$129.3M
YoY Change	48.05%	116.33%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$865.0K	$999.0K
YoY Change	-90.17%	-88.42%
Total Long-Term Assets	$130.6M	$140.5M
YoY Change	42.26%	98.97%
TOTAL ASSETS
Total Short-Term Assets	$137.9M	$141.8M
Total Long-Term Assets	$130.6M	$140.5M
Total Assets	$268.5M	$282.3M
YoY Change	-12.81%	-7.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$5.574M	$15.58M
YoY Change	-67.04%	-18.8%
Accrued Expenses	$17.67M	$15.43M
YoY Change	47.23%	102.99%
Deferred Revenue	$56.17M	$48.91M
YoY Change	42.68%	104.0%
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$79.41M	$79.92M
YoY Change	16.39%	57.43%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$36.04M	$60.75M
YoY Change	-62.31%	19.3%
Total Long-Term Liabilities	$36.04M	$60.75M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$79.41M	$79.92M
Total Long-Term Liabilities	$36.04M	$60.75M
Total Liabilities	$115.4M	$140.7M
YoY Change	-29.53%	38.33%
SHAREHOLDERS EQUITY
Retained Earnings	-$306.6M	-$310.1M
YoY Change	6.63%	40.44%
Common Stock	$16.00K	$16.00K
YoY Change	6.67%	6.67%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$153.1M	$141.6M
YoY Change
Total Liabilities & Shareholders Equity	$268.5M	$282.3M
YoY Change	-12.81%	-7.62%

Cashflow Statement

Concept	2024 Q2	2024 Q1
OPERATING ACTIVITIES
Net Income	$3.462M	-$11.64M
YoY Change	-105.19%	-59.3%
Depreciation, Depletion And Amortization	$4.000M	$3.500M
YoY Change	73.91%	94.44%
Cash From Operating Activities	-$21.88M	-$16.08M
YoY Change	330.69%	368.35%
INVESTING ACTIVITIES
Capital Expenditures	$1.427M	$19.67M
YoY Change	-92.79%	47.14%
Acquisitions
YoY Change
Other Investing Activities	$14.07M	$12.88M
YoY Change	-1716.78%	-2013.37%
Cash From Investing Activities	$12.64M	-$6.788M
YoY Change	-161.15%	-51.65%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net		$0.00
YoY Change		-100.0%
Cash From Financing Activities	334.0K	$302.0K
YoY Change	7.74%	-101.0%
NET CHANGE
Cash From Operating Activities	-21.88M	-$16.08M
Cash From Investing Activities	12.64M	-$6.788M
Cash From Financing Activities	334.0K	$302.0K
Net Change In Cash	-8.906M	-$22.57M
YoY Change	-64.99%	-52.78%
FREE CASH FLOW
Cash From Operating Activities	-$21.88M	-$16.08M
Capital Expenditures	$1.427M	$19.67M
Free Cash Flow	-$23.31M	-$35.75M
YoY Change	-6.33%	112.8%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	22030000	usd
CY2024Q1	us-gaap	Inventory Net InventoryNet	11007000	usd
CY2024Q1	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	275000	usd
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	151310080	shares
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-11644000	usd
CY2024Q1	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P9M
CY2024Q1	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P1Y
CY2024Q1	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
CY2023Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	22611000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	9507000	usd
CY2024Q1	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	2538000	usd
CY2023Q4	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	3707000	usd
CY2024Q1	nhic	Commission Asset Current CommissionAssetCurrent	4516000	usd
CY2023Q4	nhic	Commission Asset Current CommissionAssetCurrent	4339000	usd
CY2024Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	20700000	usd
CY2023Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	16954000	usd
CY2024Q1	us-gaap	Assets Current AssetsCurrent	141802000	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	175844000	usd
CY2023Q4	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	0	usd
CY2024Q1	us-gaap	Contract With Customer Asset Net Noncurrent ContractWithCustomerAssetNetNoncurrent	307000	usd
CY2023Q4	us-gaap	Contract With Customer Asset Net Noncurrent ContractWithCustomerAssetNetNoncurrent	451000	usd
CY2024Q1	nhic	Commission Asset Noncurrent CommissionAssetNoncurrent	7000000	usd
CY2023Q4	nhic	Commission Asset Noncurrent CommissionAssetNoncurrent	7107000	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	129342000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	112921000	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	2535000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	1195000	usd
CY2024Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	999000	usd
CY2023Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1202000	usd
CY2024Q1	us-gaap	Assets Assets	282260000	usd
CY2023Q4	us-gaap	Assets Assets	298720000	usd
CY2024Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	15584000	usd
CY2023Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	17400000	usd
CY2024Q1	us-gaap	Accrued Liabilities And Other Liabilities AccruedLiabilitiesAndOtherLiabilities	13712000	usd
CY2023Q4	us-gaap	Accrued Liabilities And Other Liabilities AccruedLiabilitiesAndOtherLiabilities	15578000	usd
CY2024Q1	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	48913000	usd
CY2023Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	47677000	usd
CY2024Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	1713000	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	1391000	usd
CY2024Q1	us-gaap	Liabilities Current LiabilitiesCurrent	79922000	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	82046000	usd
CY2024Q1	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	22808000	usd
CY2023Q4	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	23813000	usd
CY2024Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	980000	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	0	usd
CY2024Q1	nhic	Reverse Recapitalization Contingent Consideration Liability Noncurrent ReverseRecapitalizationContingentConsiderationLiabilityNoncurrent	22220000	usd
CY2023Q4	nhic	Reverse Recapitalization Contingent Consideration Liability Noncurrent ReverseRecapitalizationContingentConsiderationLiabilityNoncurrent	29119000	usd
CY2024Q1	nhic	Reverse Recapitalization Contingent Consideration Equity Noncurrent ReverseRecapitalizationContingentConsiderationEquityNoncurrent	6003000	usd
CY2023Q4	nhic	Reverse Recapitalization Contingent Consideration Equity Noncurrent ReverseRecapitalizationContingentConsiderationEquityNoncurrent	6530000	usd
CY2024Q1	us-gaap	Warrants And Rights Outstanding WarrantsAndRightsOutstanding	8738000	usd
CY2023Q4	us-gaap	Warrants And Rights Outstanding WarrantsAndRightsOutstanding	10889000	usd
CY2024Q1	us-gaap	Liabilities Liabilities	140671000	usd
CY2023Q4	us-gaap	Liabilities Liabilities	152397000	usd
CY2024Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2024Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2023Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2024Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2023Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2023Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2024Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2024Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2023Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2024Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	1100000000	shares
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	1100000000	shares
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	155356947	shares
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	155356947	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	151310080	shares
CY2024Q1	us-gaap	Common Stock Value CommonStockValue	16000	usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	15000	usd
CY2024Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	451731000	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	444825000	usd
CY2024Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-50000	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-53000	usd
CY2024Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-310108000	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-298464000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	141589000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	146323000	usd
CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	282260000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	298720000	usd
CY2024Q1	us-gaap	Revenues Revenues	21668000	usd
CY2023Q1	us-gaap	Revenues Revenues	18581000	usd
CY2024Q1	us-gaap	Cost Of Revenue CostOfRevenue	9896000	usd
CY2023Q1	us-gaap	Cost Of Revenue CostOfRevenue	13816000	usd
CY2024Q1	us-gaap	Gross Profit GrossProfit	11772000	usd
CY2023Q1	us-gaap	Gross Profit GrossProfit	4765000	usd
CY2024Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	6205000	usd
CY2023Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	5389000	usd
CY2024Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	16005000	usd
CY2023Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	12804000	usd
CY2024Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	11840000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	8926000	usd
CY2024Q1	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0	usd
CY2023Q1	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	137000	usd
CY2024Q1	us-gaap	Operating Expenses OperatingExpenses	34050000	usd
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	27256000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-22278000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-22491000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	0	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	654000	usd
CY2024Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	1085000	usd
CY2023Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	953000	usd
CY2024Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-28000	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	19000	usd
CY2024Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2023Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-626000	usd
CY2024Q1	nhic	Increase Decrease In Fair Value Of Contingent Earnout Liability IncreaseDecreaseInFairValueOfContingentEarnoutLiability	-6899000	usd
CY2023Q1	nhic	Increase Decrease In Fair Value Of Contingent Earnout Liability IncreaseDecreaseInFairValueOfContingentEarnoutLiability	3318000	usd
CY2024Q1	nhic	Increase Decrease In Fair Value Of Contingently Issuable Common Stock Liability IncreaseDecreaseInFairValueOfContingentlyIssuableCommonStockLiability	-527000	usd
CY2023Q1	nhic	Increase Decrease In Fair Value Of Contingently Issuable Common Stock Liability IncreaseDecreaseInFairValueOfContingentlyIssuableCommonStockLiability	742000	usd
CY2024Q1	nhic	Fair Value Adjustment Of Public Warrant Liability FairValueAdjustmentOfPublicWarrantLiability	-2151000	usd
CY2023Q1	nhic	Fair Value Adjustment Of Public Warrant Liability FairValueAdjustmentOfPublicWarrantLiability	1750000	usd
CY2024Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	10634000	usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-6118000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-11644000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-28609000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	153076719	shares
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	153076719	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	146433378	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	146433378	shares
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.08
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.08
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.20
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.20
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-11644000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-28609000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	3000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-16000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	3000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-16000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-11641000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-28625000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	146323000	usd
CY2024Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	302000	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	6605000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	3000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-11644000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	141589000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	226985000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	33000	usd
CY2023Q1	nhic	Stock Issued During Period Value Issuance Of Common Stock For Net Settlement Of Common Stock Upon Exercise Of Warrants StockIssuedDuringPeriodValueIssuanceOfCommonStockForNetSettlementOfCommonStockUponExerciseOfWarrants	348000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	5101000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-16000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-28609000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	203842000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-28609000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	3474000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1815000	usd
CY2024Q1	us-gaap	Inventory Write Down InventoryWriteDown	1059000	usd
CY2023Q1	us-gaap	Inventory Write Down InventoryWriteDown	214000	usd
CY2024Q1	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0	usd
CY2023Q1	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	137000	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	6410000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	5043000	usd
CY2024Q1	nhic	Noncash Interest Expense NoncashInterestExpense	0	usd
CY2023Q1	nhic	Noncash Interest Expense NoncashInterestExpense	22000	usd
CY2024Q1	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	-200000	usd
CY2023Q1	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	0	usd
CY2024Q1	nhic	Noncash Lease Expense NoncashLeaseExpense	354000	usd
CY2023Q1	nhic	Noncash Lease Expense NoncashLeaseExpense	214000	usd
CY2024Q1	nhic	Accounts Receivable Allowance For Credit Loss Expense Reversal Net Of Writeoff And Recovery AccountsReceivableAllowanceForCreditLossExpenseReversalNetOfWriteoffAndRecovery	-267000	usd
CY2023Q1	nhic	Accounts Receivable Allowance For Credit Loss Expense Reversal Net Of Writeoff And Recovery AccountsReceivableAllowanceForCreditLossExpenseReversalNetOfWriteoffAndRecovery	124000	usd
CY2024Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2023Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-626000	usd
CY2024Q1	nhic	Increase Decrease In Fair Value Of Contingent Earnout Liability IncreaseDecreaseInFairValueOfContingentEarnoutLiability	-6899000	usd
CY2023Q1	nhic	Increase Decrease In Fair Value Of Contingent Earnout Liability IncreaseDecreaseInFairValueOfContingentEarnoutLiability	3318000	usd
CY2024Q1	nhic	Increase Decrease In Fair Value Of Contingently Issuable Common Stock Liability IncreaseDecreaseInFairValueOfContingentlyIssuableCommonStockLiability	-527000	usd
CY2023Q1	nhic	Increase Decrease In Fair Value Of Contingently Issuable Common Stock Liability IncreaseDecreaseInFairValueOfContingentlyIssuableCommonStockLiability	742000	usd
CY2024Q1	nhic	Fair Value Adjustment Of Public Warrant Liability FairValueAdjustmentOfPublicWarrantLiability	-2151000	usd
CY2023Q1	nhic	Fair Value Adjustment Of Public Warrant Liability FairValueAdjustmentOfPublicWarrantLiability	1750000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-848000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-8640000	usd
CY2024Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	2091000	usd
CY2023Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-1418000	usd
CY2024Q1	nhic	Increase Decrease In Commission Assets IncreaseDecreaseInCommissionAssets	70000	usd
CY2023Q1	nhic	Increase Decrease In Commission Assets IncreaseDecreaseInCommissionAssets	644000	usd
CY2024Q1	us-gaap	Increase Decrease In Contract With Customer Asset IncreaseDecreaseInContractWithCustomerAsset	-1313000	usd
CY2023Q1	us-gaap	Increase Decrease In Contract With Customer Asset IncreaseDecreaseInContractWithCustomerAsset	-258000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-203000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	130000	usd
CY2024Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	3746000	usd
CY2023Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	25000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-760000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-2213000	usd
CY2024Q1	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	231000	usd
CY2023Q1	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	8757000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	-1628000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	-4637000	usd
CY2024Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-392000	usd
CY2023Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-254000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-16083000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-3434000	usd
CY2024Q1	us-gaap	Payments To Develop Software PaymentsToDevelopSoftware	1797000	usd
CY2023Q1	us-gaap	Payments To Develop Software PaymentsToDevelopSoftware	733000	usd
CY2024Q1	nhic	Payments To Acquire Property Plant And Equipment Net PaymentsToAcquirePropertyPlantAndEquipmentNet	19665000	usd
CY2023Q1	nhic	Payments To Acquire Property Plant And Equipment Net PaymentsToAcquirePropertyPlantAndEquipmentNet	13365000	usd
CY2024Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	0	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	60000	usd
CY2024Q1	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	14567000	usd
CY2023Q1	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	0	usd
CY2024Q1	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	29241000	usd
CY2023Q1	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	0	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-6788000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-14038000	usd
CY2024Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	302000	usd
CY2023Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	33000	usd
CY2024Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	0	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	1876000	usd
CY2024Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	0	usd
CY2023Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	31876000	usd
CY2024Q1	us-gaap	Payments Of Debt Extinguishment Costs PaymentsOfDebtExtinguishmentCosts	0	usd
CY2023Q1	us-gaap	Payments Of Debt Extinguishment Costs PaymentsOfDebtExtinguishmentCosts	332000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	302000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-30299000	usd
CY2024Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3000	usd
CY2023Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-16000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-22566000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-47787000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	67437000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	230058000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	44871000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	182271000	usd
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	0	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	710000	usd
CY2024Q1	nhic	Transfers Of Inventory To Property And Equipment TransfersOfInventoryToPropertyAndEquipment	468000	usd
CY2023Q1	nhic	Transfers Of Inventory To Property And Equipment TransfersOfInventoryToPropertyAndEquipment	191000	usd
CY2024Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	12030000	usd
CY2023Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	10648000	usd
CY2024Q1	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	195000	usd
CY2023Q1	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	91000	usd
CY2024Q1	nhic	Noncash Or Part Noncash Acquisition Initial Fair Value Of Contingent Earn Out Liability NoncashOrPartNoncashAcquisitionInitialFairValueOfContingentEarnOutLiability	0	usd
CY2023Q1	nhic	Noncash Or Part Noncash Acquisition Initial Fair Value Of Contingent Earn Out Liability NoncashOrPartNoncashAcquisitionInitialFairValueOfContingentEarnOutLiability	348000	usd
CY2024Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	1694000	usd
CY2023Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	0	usd
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	44596000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	180996000	usd
CY2024Q1	us-gaap	Restricted Cash Current RestrictedCashCurrent	0	usd
CY2023Q1	us-gaap	Restricted Cash Current RestrictedCashCurrent	1000000	usd
CY2024Q1	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	275000	usd
CY2023Q1	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	275000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	44871000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	182271000	usd
CY2024Q1	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reclassifications</span></div>During the year ended December 31, 2023, the Company began classifying revenue from professional services, which includes installation, training, and event support, as well as other one-time revenue, within license fee and other revenue on the consolidated statements of operations and comprehensive loss, whereas the revenue for these services has previously been included in service revenue. Correspondingly, the Company began classifying costs associated with professional services within cost of license fee and other revenue, whereas these costs were previously included in cost of service revenue. These reclassifications were made to align the presentation of professional services with the Company's internal reporting and analysis. The reclassifications did not impact total revenue or total cost of revenue for any period. Prior year amounts included in this Quarterly Report on Form 10-Q have been reclassified to conform to the current presentation.
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2024Q1	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	36415000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax	0	usd
CY2024Q1	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	36415000	usd
CY2023Q4	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	51289000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax	0	usd
CY2023Q4	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	51289000	usd
CY2024Q1	us-gaap	Marketable Securities Current MarketableSecuritiesCurrent	36400000	usd
CY2023Q4	us-gaap	Marketable Securities Current MarketableSecuritiesCurrent	51300000	usd
CY2024Q1	us-gaap	Revenue Not From Contract With Customer RevenueNotFromContractWithCustomer	14545000	usd
CY2023Q1	us-gaap	Revenue Not From Contract With Customer RevenueNotFromContractWithCustomer	6519000	usd
CY2024Q1	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	87585000	usd
CY2024Q1	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	78542000	usd
CY2024Q1	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	87943000	usd
CY2024Q1	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	254070000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear	48486000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Next Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths	58972000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Two Years LessorOperatingLeasePaymentsToBeReceivedTwoYears	47647000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Three Years LessorOperatingLeasePaymentsToBeReceivedThreeYears	27312000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Four Years LessorOperatingLeasePaymentsToBeReceivedFourYears	4033000	usd
CY2024Q1	nhic	Lessor Operating Lease Payment To Be Received After Year Four LessorOperatingLeasePaymentToBeReceivedAfterYearFour	119000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received LessorOperatingLeasePaymentsToBeReceived	186569000	usd
CY2024Q1	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	2500000	usd
CY2023Q4	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	3700000	usd
CY2024Q1	us-gaap	Contract With Customer Asset Net Noncurrent ContractWithCustomerAssetNetNoncurrent	300000	usd
CY2023Q4	us-gaap	Contract With Customer Asset Net Noncurrent ContractWithCustomerAssetNetNoncurrent	500000	usd
CY2024Q1	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	17300000	usd
CY2023Q1	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	6900000	usd
CY2023Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	71490000	usd
CY2024Q1	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	17323000	usd
CY2024Q1	nhic	Contract With Customer Liability Additions ContractWithCustomerLiabilityAdditions	17554000	usd
CY2024Q1	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	71721000	usd
CY2024Q1	us-gaap	Sales Type Lease Interest Income SalesTypeLeaseInterestIncome	42000	usd
CY2023Q1	us-gaap	Sales Type Lease Interest Income SalesTypeLeaseInterestIncome	53000	usd
CY2024Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	14503000	usd
CY2023Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	6466000	usd
CY2024Q1	us-gaap	Revenues Revenues	21668000	usd
CY2023Q1	us-gaap	Revenues Revenues	18581000	usd
CY2024Q1	us-gaap	Capitalized Contract Cost Gross CapitalizedContractCostGross	11500000	usd
CY2023Q4	us-gaap	Capitalized Contract Cost Gross CapitalizedContractCostGross	11400000	usd
CY2024Q1	us-gaap	Capitalized Contract Cost Amortization CapitalizedContractCostAmortization	1400000	usd
CY2023Q1	us-gaap	Capitalized Contract Cost Amortization CapitalizedContractCostAmortization	1600000	usd
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	582000	usd
CY2024Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	264000	usd
CY2024Q1	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	3000	usd
CY2024Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	315000	usd
CY2024Q1	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	2048000	usd
CY2023Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	1869000	usd
CY2024Q1	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	8959000	usd
CY2023Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	7638000	usd
CY2024Q1	us-gaap	Inventory Net InventoryNet	11007000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	9507000	usd
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0.000
CY2024Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	149576000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	130175000	usd
CY2024Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	20234000	usd
CY2023Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	17254000	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	129342000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	112921000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	3500000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1800000	usd
CY2024Q1	us-gaap	Capitalized Computer Software Amortization1 CapitalizedComputerSoftwareAmortization1	300000	usd
CY2023Q1	us-gaap	Capitalized Computer Software Amortization1 CapitalizedComputerSoftwareAmortization1	200000	usd
CY2024Q1	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0	usd
CY2023Q1	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	100000	usd
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.041
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.042
CY2024Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P6Y1M6D
CY2023Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P6Y1M6D
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.900
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.875
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0.000
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	20324528	shares
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	1.04
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	2725625	shares
CY2024Q1	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	3.63
CY2024Q1	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	519089	shares
CY2024Q1	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	0.58
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	9059	shares
CY2024Q1	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice	0.42
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	22522005	shares
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	1.37
CY2024Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	6410000	usd
CY2023Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	5043000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-11644000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-11644000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-28609000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-28609000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	153076719	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	153076719	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	146433378	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	146433378	shares
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.08
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.08
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.20
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.20
CY2024Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	70321856	shares
CY2023Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	68760169	shares
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

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$EVLV
Evolv Technologies Holdings, Inc. Stock $evlv

2024 Q2 Form 10-Q Financial Statement

#000162828024022282 Filed on May 09, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$EVLV Evolv Technologies Holdings, Inc. Stock $evlv

2024 Q2 Form 10-Q Financial Statement

#000162828024022282 Filed on May 09, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$EVLV
Evolv Technologies Holdings, Inc. Stock $evlv