2022 Q1 Form 10-Q Financial Statement
#000162828022015217 Filed on May 23, 2022
Income Statement
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
Revenue | $0.00 | $0.00 |
YoY Change | ||
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | $34.07M | $12.68M |
YoY Change | 168.77% | 56.87% |
% of Gross Profit | ||
Research & Development | $114.9M | $6.721M |
YoY Change | 1610.09% | -3.43% |
% of Gross Profit | ||
Depreciation & Amortization | $4.853M | $988.0K |
YoY Change | 391.19% | |
% of Gross Profit | ||
Operating Expenses | $149.0M | $19.40M |
YoY Change | 668.2% | 28.88% |
Operating Profit | -$149.0M | -$19.40M |
YoY Change | 668.2% | |
Interest Expense | -$4.368M | -$28.93M |
YoY Change | -84.9% | 73.73% |
% of Operating Profit | ||
Other Income/Expense, Net | -$915.0K | -$283.0K |
YoY Change | 223.32% | -103.72% |
Pretax Income | -$153.1M | -$75.52M |
YoY Change | 102.72% | 213.37% |
Income Tax | $0.00 | $3.000K |
% Of Pretax Income | ||
Net Earnings | -$153.1M | -$75.53M |
YoY Change | 102.71% | 213.38% |
Net Earnings / Revenue | ||
Basic Earnings Per Share | -$0.48 | |
Diluted Earnings Per Share | -$475.1K | -$232.8K |
COMMON SHARES | ||
Basic Shares Outstanding | 322.2M shares | |
Diluted Shares Outstanding | 322.2M shares |
Balance Sheet
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $276.4M | $220.0K |
YoY Change | 125524.55% | |
Cash & Equivalents | $276.4M | $47.53M |
Short-Term Investments | ||
Other Short-Term Assets | $8.608M | $160.0K |
YoY Change | 5280.0% | |
Inventory | ||
Prepaid Expenses | $6.010M | |
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | $341.6M | $380.0K |
YoY Change | 89803.42% | |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $338.9M | |
YoY Change | ||
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $6.853M | $229.8M |
YoY Change | -97.02% | |
Total Long-Term Assets | $364.4M | $229.8M |
YoY Change | 58.6% | |
TOTAL ASSETS | ||
Total Short-Term Assets | $341.6M | $380.0K |
Total Long-Term Assets | $364.4M | $229.8M |
Total Assets | $706.1M | $230.2M |
YoY Change | 206.77% | |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $45.40M | |
YoY Change | ||
Accrued Expenses | $86.77M | $1.990M |
YoY Change | 4260.1% | |
Deferred Revenue | $4.226M | |
YoY Change | ||
Short-Term Debt | $15.75M | $500.0K |
YoY Change | 3049.8% | |
Long-Term Debt Due | $81.15M | |
YoY Change | ||
Total Short-Term Liabilities | $242.8M | $2.490M |
YoY Change | 9650.28% | |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $7.390M | |
YoY Change | ||
Other Long-Term Liabilities | $3.785M | $1.590M |
YoY Change | 138.05% | |
Total Long-Term Liabilities | $3.785M | $1.590M |
YoY Change | 138.05% | |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $242.8M | $2.490M |
Total Long-Term Liabilities | $3.785M | $1.590M |
Total Liabilities | $270.8M | $4.090M |
YoY Change | 6522.05% | |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$3.078B | |
YoY Change | ||
Common Stock | ||
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $402.3M | -$644.3M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $706.1M | $230.2M |
YoY Change | 206.77% |
Cashflow Statement
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$153.1M | -$75.53M |
YoY Change | 102.71% | 213.38% |
Depreciation, Depletion And Amortization | $4.853M | $988.0K |
YoY Change | 391.19% | |
Cash From Operating Activities | -$122.4M | -$20.32M |
YoY Change | 502.21% | |
INVESTING ACTIVITIES | ||
Capital Expenditures | $44.40M | $711.0K |
YoY Change | 6144.44% | |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $130.0K | |
YoY Change | ||
Cash From Investing Activities | -$44.40M | -$711.0K |
YoY Change | 6144.44% | |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -$85.68M | $73.00M |
YoY Change | -217.37% | |
NET CHANGE | ||
Cash From Operating Activities | -$122.4M | -$20.32M |
Cash From Investing Activities | -$44.40M | -$711.0K |
Cash From Financing Activities | -$85.68M | $73.00M |
Net Change In Cash | -$253.1M | $51.42M |
YoY Change | -592.21% | |
FREE CASH FLOW | ||
Cash From Operating Activities | -$122.4M | -$20.32M |
Capital Expenditures | $44.40M | $711.0K |
Free Cash Flow | -$166.8M | -$21.03M |
YoY Change | 692.97% |
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480000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
5747000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-635000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
14527000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
665000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-882000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
0 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
-7928000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
0 | USD |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-122364000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-20319000 | USD |
CY2022Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
44398000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
711000 | USD |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-44398000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-711000 | USD |
CY2022Q1 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
0 | USD |
CY2021Q1 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
200000 | USD |
CY2022Q1 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
0 | USD |
CY2021Q1 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
76140000 | USD |
CY2022Q1 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
0 | USD |
CY2021Q1 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
1528000 | USD |
CY2022Q1 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
87065000 | USD |
CY2021Q1 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
3355000 | USD |
CY2022Q1 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
466000 | USD |
CY2021Q1 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
1110000 | USD |
CY2022Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1855000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
2650000 | USD |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-85676000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
72997000 | USD |
CY2022Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-653000 | USD |
CY2021Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-548000 | USD |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-253091000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
51419000 | USD |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
530477000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1827000 | USD |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
277386000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
53246000 | USD |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
505091000 | USD |
CY2020Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1124000 | USD |
CY2021Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
25386000 | USD |
CY2020Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
703000 | USD |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
530477000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1827000 | USD |
CY2022Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
276374000 | USD |
CY2021Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | USD |
CY2022Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
1881000 | USD |
CY2021Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3000 | USD |
CY2021Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
0 | USD |
CY2022Q1 | us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
0 | USD |
CY2022Q1 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
0 | USD |
CY2021Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
47525000 | USD |
CY2022Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
1012000 | USD |
CY2021Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
5721000 | USD |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
277386000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
53246000 | USD |
CY2022Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
8206000 | USD |
CY2021Q1 | us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
2863000 | USD |
CY2022Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
10040000 | USD |
CY2021Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
772000 | USD |
CY2021Q3 | us-gaap |
Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
|
761400000 | USD |
CY2022Q1 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="margin-bottom:9pt;margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Reclassification</span></div><div style="margin-bottom:9pt;margin-top:9pt;text-indent:25.2pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company reclassified certain amounts in the Condensed Consolidated Financial Statements to conform to the current period's presentation.</span></div> | |
CY2022Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-bottom:9pt;margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates </span></div><div style="margin-bottom:9pt;margin-top:9pt;text-indent:25.2pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions, which affect the reported amounts in the financial statements. Estimates are based on historical experience, where applicable, and other assumptions which management believes are reasonable under the circumstances. On an ongoing basis, management evaluates its estimates, including those related to the: (i) realization of tax assets and estimates of tax liabilities; (ii) valuation of equity securities; (iii) recognition and disclosure of contingent liabilities, including litigation reserves; (iv) fair value of related party notes payable and notes payable; (v) estimated useful lives and impairment of long-lived assets; (vi) fair value of options granted to employees and non-employees; (vii) fair value of warrants, and (viii) incremental borrowing rate used to measure operating lease liabilities. Such estimates often require the selection of appropriate valuation methodologies and financial models and may involve significant judgment in evaluating ranges of assumptions and financial inputs. Actual results may differ from those estimates.</span></div><div style="margin-bottom:9pt;margin-top:9pt;text-indent:25.2pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of the date the Company’s unaudited Condensed Consolidated Financial Statements were issued, the Company is not aware of any specific event or circumstance that would require it to update its estimates or judgments or to revise the carrying value of its assets or liabilities. However, these estimates and judgments may change as new events occur and additional information is obtained, which may result in changes being recognized in the Company’s condensed consolidated financial statements in future periods. While the Company considered the effects of COVID-19 on its estimates and assumptions, due to the level of uncertainty regarding the economic and operational impacts of COVID-19 on the Company’s business, there may be other judgments and assumptions that the Company has not considered. Such judgments and assumptions could result in a material impact on the Company’s financial statements in future periods. Actual results could differ from these estimates and any such differences may have a material impact on the Company’s Condensed Consolidated Financial Statements.</span></div> | |
CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
CY2021Q1 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
0 | USD |
CY2022Q1 | ffie |
Going Concern Period
GoingConcernPeriod
|
P1Y | |
CY2022Q1 | ffie |
Going Concern Period
GoingConcernPeriod
|
P1Y | |
CY2022Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-3077614000 | USD |
CY2021Q3 | ffie |
Proceeds From Reverse Recapitalization Transaction Gross
ProceedsFromReverseRecapitalizationTransactionGross
|
990983000 | USD |
CY2022Q1 | ffie |
Deposit Assets For Research And Development Prototype Parts And Other
DepositAssetsForResearchAndDevelopmentPrototypePartsAndOther
|
47259000 | USD |
CY2021Q4 | ffie |
Deposit Assets For Research And Development Prototype Parts And Other
DepositAssetsForResearchAndDevelopmentPrototypePartsAndOther
|
54990000 | USD |
CY2022Q1 | ffie |
Deposit For Future Work
DepositForFutureWork
|
8380000 | USD |
CY2021Q4 | ffie |
Deposit For Future Work
DepositForFutureWork
|
8380000 | USD |
CY2022Q1 | us-gaap |
Deposits Assets Current
DepositsAssetsCurrent
|
55639000 | USD |
CY2021Q4 | us-gaap |
Deposits Assets Current
DepositsAssetsCurrent
|
63370000 | USD |
CY2022Q1 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
6010000 | USD |
CY2021Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
11119000 | USD |
CY2022Q1 | us-gaap |
Other Assets Miscellaneous
OtherAssetsMiscellaneous
|
2598000 | USD |
CY2021Q4 | us-gaap |
Other Assets Miscellaneous
OtherAssetsMiscellaneous
|
2291000 | USD |
CY2022Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
8608000 | USD |
CY2021Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
13410000 | USD |
CY2022Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
10468000 | USD |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
9678000 | USD |
CY2022Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
338877000 | USD |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
293135000 | USD |
CY2022Q1 | us-gaap |
Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
|
790000 | USD |
CY2021Q1 | us-gaap |
Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
|
825000 | USD |
CY2022Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
25865000 | USD |
CY2021Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
21752000 | USD |
CY2022Q1 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
13600000 | USD |
CY2021Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
16881000 | USD |
CY2022Q1 | ffie |
Tooling Machinery And Equipment Received Not Invoiced
ToolingMachineryAndEquipmentReceivedNotInvoiced
|
0 | USD |
CY2021Q4 | ffie |
Tooling Machinery And Equipment Received Not Invoiced
ToolingMachineryAndEquipmentReceivedNotInvoiced
|
7243000 | USD |
CY2022Q1 | ffie |
Engineering Design And Testing Service Received Not Invoiced
EngineeringDesignAndTestingServiceReceivedNotInvoiced
|
20750000 | USD |
CY2021Q4 | ffie |
Engineering Design And Testing Service Received Not Invoiced
EngineeringDesignAndTestingServiceReceivedNotInvoiced
|
6620000 | USD |
CY2022Q1 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
4226000 | USD |
CY2021Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
4354000 | USD |
CY2022Q1 | us-gaap |
Due To Affiliate Current
DueToAffiliateCurrent
|
7075000 | USD |
CY2021Q4 | us-gaap |
Due To Affiliate Current
DueToAffiliateCurrent
|
6673000 | USD |
CY2022Q1 | ffie |
Obligation To Issue Registered Shares
ObligationToIssueRegisteredShares
|
0 | USD |
CY2021Q4 | ffie |
Obligation To Issue Registered Shares
ObligationToIssueRegisteredShares
|
12635000 | USD |
CY2022Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
15250000 | USD |
CY2021Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
14354000 | USD |
CY2022Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
86766000 | USD |
CY2021Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
90512000 | USD |
CY2021Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
12635000 | USD |
CY2022Q1 | us-gaap |
Lessee Finance Lease Renewal Term1
LesseeFinanceLeaseRenewalTerm1
|
P5Y | |
CY2022Q1 | us-gaap |
Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
|
P5Y | |
CY2022Q1 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
500000 | USD |
CY2022Q1 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
177000 | USD |
CY2022Q1 | ffie |
Finance Lease Cost
FinanceLeaseCost
|
677000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
882000 | USD |
CY2022Q1 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
134000 | USD |
CY2022Q1 | us-gaap |
Lease Cost
LeaseCost
|
1693000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
3833000 | USD |
CY2022Q1 | us-gaap |
Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
|
1940000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
4300000 | USD |
CY2022Q1 | us-gaap |
Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
|
2166000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
4257000 | USD |
CY2022Q1 | us-gaap |
Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
|
1757000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
4383000 | USD |
CY2022Q1 | us-gaap |
Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
|
1792000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
4514000 | USD |
CY2022Q1 | us-gaap |
Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
|
1828000 | USD |
CY2022Q1 | ffie |
Lessee Operating Lease Liability Payment Due After Year Four
LesseeOperatingLeaseLiabilityPaymentDueAfterYearFour
|
11744000 | USD |
CY2022Q1 | ffie |
Finance Lease Liability Payment Due After Year Four
FinanceLeaseLiabilityPaymentDueAfterYearFour
|
1863000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
33031000 | USD |
CY2022Q1 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
11346000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
14033000 | USD |
CY2022Q1 | us-gaap |
Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
|
1669000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
18998000 | USD |
CY2022Q1 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
9677000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
2113000 | USD |
CY2022Q1 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
2287000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
16885000 | USD |
CY2022Q1 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
7390000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
18998000 | USD |
CY2022Q1 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
9677000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
833000 | USD |
CY2022Q1 | us-gaap |
Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
|
177000 | USD |
CY2022Q1 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
466000 | USD |
CY2022Q1 | ffie |
Cash Paid For Amounts Included In The Measurement Of Lease Liabilities
CashPaidForAmountsIncludedInTheMeasurementOfLeaseLiabilities
|
1476000 | USD |
CY2022Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
8206000 | USD |
CY2022Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
0 | USD |
CY2022Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P7Y2M12D | |
CY2022Q1 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P5Y4M24D | |
CY2022Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.155 | |
CY2022Q1 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.060 | |
CY2021Q1 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
790000 | USD |
CY2021Q4 | us-gaap |
Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
|
2384000 | USD |
CY2021Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
2695000 | USD |
CY2021Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
2775000 | USD |
CY2021Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
2859000 | USD |
CY2021Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
2944000 | USD |
CY2021Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
991000 | USD |
CY2021Q4 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
14648000 | USD |
CY2021 | ffie |
Number Of Leases
NumberOfLeases
|
3 | lease |
CY2021Q4 | us-gaap |
Capital Leases Future Minimum Payments Receivable Remainder Of Fiscal Year
CapitalLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear
|
2574000 | USD |
CY2021Q4 | us-gaap |
Capital Leases Future Minimum Payments Receivable Current
CapitalLeasesFutureMinimumPaymentsReceivableCurrent
|
2166000 | USD |
CY2021Q4 | us-gaap |
Capital Leases Future Minimum Payments Receivable In Two Years
CapitalLeasesFutureMinimumPaymentsReceivableInTwoYears
|
1757000 | USD |
CY2021Q4 | us-gaap |
Capital Leases Future Minimum Payments Receivable In Three Years
CapitalLeasesFutureMinimumPaymentsReceivableInThreeYears
|
1792000 | USD |
CY2021Q4 | us-gaap |
Capital Leases Future Minimum Payments Receivable In Four Years
CapitalLeasesFutureMinimumPaymentsReceivableInFourYears
|
1840000 | USD |
CY2021Q4 | us-gaap |
Capital Leases Future Minimum Payments Receivable Due Thereafter
CapitalLeasesFutureMinimumPaymentsReceivableDueThereafter
|
1864000 | USD |
CY2021Q4 | us-gaap |
Capital Leases Future Minimum Payments Receivable
CapitalLeasesFutureMinimumPaymentsReceivable
|
11993000 | USD |
CY2022Q1 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
13600000 | USD |
CY2021Q4 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
16881000 | USD |
CY2022Q1 | ffie |
Number Of Reservations Received For Vehicles
NumberOfReservationsReceivedForVehicles
|
14000 | reservation |
CY2022Q1 | ffie |
Number Of Unpaid Reservations Of Interest
NumberOfUnpaidReservationsOfInterest
|
14000 | reservation |
CY2022Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2022Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2022Q1 | ffie |
Preferred Stock Shares To Be Issued
PreferredStockSharesToBeIssued
|
0 | shares |
CY2022Q1 | ffie |
Shares Authorized
SharesAuthorized
|
835000000 | shares |
CY2022Q1 | us-gaap |
Shares Issued
SharesIssued
|
302197606 | shares |
CY2022Q1 | ffie |
Shares To Be Issued
SharesToBeIssued
|
20410111 | shares |
CY2021Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2021Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2021Q4 | ffie |
Preferred Stock Shares To Be Issued
PreferredStockSharesToBeIssued
|
0 | shares |
CY2021Q4 | ffie |
Shares Authorized
SharesAuthorized
|
835000000 | shares |
CY2021Q4 | us-gaap |
Shares Issued
SharesIssued
|
168693323 | shares |
CY2021Q4 | ffie |
Shares To Be Issued
SharesToBeIssued
|
153152718 | shares |
CY2022Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3347000 | USD |
CY2021Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2520000 | USD |
CY2022Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
80987402 | shares |
CY2021Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
44882891 | shares |