2022 Q1 Form 10-Q Financial Statement

#000162828022015217 Filed on May 23, 2022

View on sec.gov

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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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

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