2024 Q1 Form 10-Q Financial Statement
#000121390024012237 Filed on February 12, 2024
Income Statement
Concept | 2024 Q1 | 2023 Q3 | 2022 Q3 |
---|---|---|---|
Revenue | $1.110M | $2.024M | |
YoY Change | -45.15% | 35.11% | |
Cost Of Revenue | $2.962M | $6.987M | |
YoY Change | -57.6% | 43.87% | |
Gross Profit | -$1.852M | -$4.963M | |
YoY Change | -62.68% | 47.78% | |
Gross Profit Margin | -166.82% | -245.17% | |
Selling, General & Admin | $4.417M | $7.421M | |
YoY Change | -40.49% | 47.09% | |
% of Gross Profit | |||
Research & Development | $1.164M | $6.521M | |
YoY Change | -82.15% | 104.66% | |
% of Gross Profit | |||
Depreciation & Amortization | $629.0K | $767.0K | |
YoY Change | -17.99% | 23.21% | |
% of Gross Profit | |||
Operating Expenses | $5.774M | $13.96M | |
YoY Change | -58.63% | 69.53% | |
Operating Profit | -$7.626M | -$18.92M | |
YoY Change | -59.69% | 63.23% | |
Interest Expense | $715.6K | $84.95K | |
YoY Change | 742.44% | -264.4% | |
% of Operating Profit | |||
Other Income/Expense, Net | -$6.417M | -$83.75K | |
YoY Change | 7562.53% | -163.55% | |
Pretax Income | -$14.04M | -$16.96M | |
YoY Change | -17.22% | 47.38% | |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | -$14.04M | -$16.96M | |
YoY Change | -17.22% | 47.38% | |
Net Earnings / Revenue | -1264.86% | -838.04% | |
Basic Earnings Per Share | -$1.58 | -$0.38 | |
Diluted Earnings Per Share | -$1.58 | -$377.3K | |
COMMON SHARES | |||
Basic Shares Outstanding | 9.451M shares | 8.806M shares | 44.87M |
Diluted Shares Outstanding | 8.955M shares | 2.248M shares |
Balance Sheet
Concept | 2024 Q1 | 2023 Q3 | 2022 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $232.8K | $4.218M | |
YoY Change | -94.48% | -87.21% | |
Cash & Equivalents | $232.8K | $4.218M | |
Short-Term Investments | |||
Other Short-Term Assets | $656.0K | $5.392M | |
YoY Change | -87.83% | 15.43% | |
Inventory | $10.89M | $12.29M | |
Prepaid Expenses | |||
Receivables | $346.9K | $332.1K | |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | $13.60M | $25.34M | |
YoY Change | -46.33% | -42.41% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $27.12M | $29.44M | |
YoY Change | -7.9% | 31.41% | |
Goodwill | |||
YoY Change | |||
Intangibles | $8.412M | $9.256M | |
YoY Change | -9.12% | ||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $116.3K | $119.7K | |
YoY Change | -2.82% | -4.85% | |
Total Long-Term Assets | $36.47M | $40.29M | |
YoY Change | -9.5% | 2.14% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $13.60M | $25.34M | |
Total Long-Term Assets | $36.47M | $40.29M | |
Total Assets | $50.07M | $65.64M | |
YoY Change | -23.72% | -21.35% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $5.659M | $2.709M | |
YoY Change | 108.94% | 236.02% | |
Accrued Expenses | $2.143M | $4.705M | |
YoY Change | -54.45% | 186.75% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $7.289M | $8.674M | |
YoY Change | -15.97% | 424.39% | |
Long-Term Debt Due | $744.1K | $1.283M | |
YoY Change | -41.99% | 58.42% | |
Total Short-Term Liabilities | $29.49M | $19.78M | |
YoY Change | 49.11% | 231.44% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $6.186M | $6.695M | |
YoY Change | -7.6% | 239.76% | |
Other Long-Term Liabilities | $2.927M | $1.143M | |
YoY Change | 156.04% | 874.41% | |
Total Long-Term Liabilities | $9.113M | $7.838M | |
YoY Change | 16.27% | 275.42% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $29.49M | $19.78M | |
Total Long-Term Liabilities | $9.113M | $7.838M | |
Total Liabilities | $38.61M | $27.62M | |
YoY Change | 39.79% | 242.84% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$201.0M | -$151.3M | |
YoY Change | 32.85% | ||
Common Stock | $192.0M | $177.2M | |
YoY Change | 8.36% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $7.164M | $38.02M | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $50.07M | $65.64M | |
YoY Change | -23.72% | -21.35% |
Cashflow Statement
Concept | 2024 Q1 | 2023 Q3 | 2022 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$14.04M | -$16.96M | |
YoY Change | -17.22% | 47.38% | |
Depreciation, Depletion And Amortization | $629.0K | $767.0K | |
YoY Change | -17.99% | 23.21% | |
Cash From Operating Activities | -$5.164M | -$14.76M | |
YoY Change | -65.01% | 30.23% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | $1.570K | -$3.764M | |
YoY Change | -100.04% | 241.54% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $175.6K | -$2.210K | |
YoY Change | -8046.15% | ||
Cash From Investing Activities | $174.0K | -$3.766M | |
YoY Change | -104.62% | 241.74% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 3.880M | 17.73M | |
YoY Change | -78.11% | 155.49% | |
NET CHANGE | |||
Cash From Operating Activities | -5.164M | -14.76M | |
Cash From Investing Activities | 174.0K | -3.766M | |
Cash From Financing Activities | 3.880M | 17.73M | |
Net Change In Cash | -1.110M | -795.1K | |
YoY Change | 39.6% | -85.53% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$5.164M | -$14.76M | |
Capital Expenditures | $1.570K | -$3.764M | |
Free Cash Flow | -$5.166M | -$10.99M | |
YoY Change | -53.02% | 7.47% |
Facts In Submission
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fuv |
Unrealizedgain Loss On Convertible Notes Mortgage Loan And Warrants Fair Value
UnrealizedgainLossOnConvertibleNotesMortgageLoanAndWarrantsFairValue
|
-22712 | usd | |
CY2023Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-97787 | usd |
CY2022Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-83749 | usd |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-113688 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-12553 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-2925610 | usd | |
CY2023Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-6417292 | usd |
CY2022Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
1954134 | usd |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-11745275 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-294116 | usd | |
CY2023Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-14043068 | usd |
CY2022Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-16963699 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-34134997 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-47318399 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
7042 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3200 | usd | |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-14043068 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-16963699 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-34142039 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-47321599 | usd | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
8954919 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2247818 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7741214 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2042891 | shares | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.58 | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-7.55 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-4.43 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-23.16 | ||
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
43177948 | usd |
CY2022Q3 | fuv |
Net Offering Costs Of Common Stock
NetOfferingCostsOfCommonStock
|
296892 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
10177356 | usd |
CY2022Q3 | fuv |
Common Stock To External Consultant
CommonStockToExternalConsultant
|
-45246 | usd |
CY2022Q3 | fuv |
Stock Issued During Period Value Equity Awards Issued To External Consultants
StockIssuedDuringPeriodValueEquityAwardsIssuedToExternalConsultants
|
24210 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
7636 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
1550007 | usd |
CY2022Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-16963699 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
38018704 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
20438695 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
158787 | usd |
CY2023Q3 | us-gaap |
Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
|
-118194 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
|
80632 | usd |
CY2023Q3 | us-gaap |
Reclassifications Of Temporary To Permanent Equity
ReclassificationsOfTemporaryToPermanentEquity
|
150000 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
655821 | usd |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-14043068 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7163886 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
53548288 | usd |
fuv |
Net Offering Costs Of Common Stock
NetOfferingCostsOfCommonStock
|
894614 | usd | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
26493094 | usd | |
us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
-29454 | usd | |
fuv |
Common Stock To External Consultant
CommonStockToExternalConsultant
|
-68361 | usd | |
fuv |
Stock Issued During Period Value Equity Awards Issued To External Consultants
StockIssuedDuringPeriodValueEquityAwardsIssuedToExternalConsultants
|
375782 | usd | |
fuv |
Warrants Exercised During The Period
WarrantsExercisedDuringThePeriod
|
20000 | usd | |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
91095 | usd | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
4773137 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-47321599 | usd | |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
38018704 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
31365945 | usd |
fuv |
Net Offering Costs Of Common Stock
NetOfferingCostsOfCommonStock
|
427304 | usd | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
5984111 | usd | |
us-gaap |
Reclassifications Of Temporary To Permanent Equity
ReclassificationsOfTemporaryToPermanentEquity
|
150000 | usd | |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
158787 | usd | |
us-gaap |
Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
|
-118194 | usd | |
us-gaap |
Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
|
80632 | usd | |
us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
1112500 | usd | |
fuv |
Warrants Exercised During The Period
WarrantsExercisedDuringThePeriod
|
70 | usd | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
2730861 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-34142039 | usd | |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7163886 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-34142039 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-47321599 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
2643299 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
2703561 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
515761 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
439557 | usd | |
fuv |
Noncash Financing Costs
NoncashFinancingCosts
|
19466630 | usd | |
us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
620780 | usd | |
us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
31839 | usd | |
fuv |
Debt Issuance Costs Expensed Mortgage Loan
DebtIssuanceCostsExpensedMortgageLoan
|
600000 | usd | |
fuv |
Debt Facility Fee Expensed Mortgage Loan
DebtFacilityFeeExpensedMortgageLoan
|
300000 | usd | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
232669 | usd | |
fuv |
Warrant And Derivatives Issuance Costs Expensed
WarrantAndDerivativesIssuanceCostsExpensed
|
839763 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-2925610 | usd | |
us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
14148595 | usd | |
us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-22712 | usd | |
fuv |
Common Stock To External Consultant
CommonStockToExternalConsultant
|
-68361 | usd | |
fuv |
Equity Awards Issued To External Consultants
EquityAwardsIssuedToExternalConsultants
|
375782 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2730861 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4773137 | usd | |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-415033 | usd | |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-12408 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
84299 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
204259 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-1906097 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
4434250 | usd | |
fuv |
Increase Decreasein Prepaid Inventory
IncreaseDecreaseinPrepaidInventory
|
40922 | usd | |
fuv |
Increase Decreasein Prepaid Inventory
IncreaseDecreaseinPrepaidInventory
|
472703 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-938191 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-557369 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-2009237 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
673577 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
1687113 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
1755419 | usd | |
us-gaap |
Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
|
-20244 | usd | |
us-gaap |
Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
|
231297 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-538265 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-445310 | usd | |
fuv |
Increase Decrease In Warranty Accruals
IncreaseDecreaseInWarrantyAccruals
|
169584 | usd | |
fuv |
Increase Decrease In Warranty Accruals
IncreaseDecreaseInWarrantyAccruals
|
66531 | usd | |
us-gaap |
Increase Decrease In Other Deferred Liability
IncreaseDecreaseInOtherDeferredLiability
|
-121229 | usd | |
us-gaap |
Increase Decrease In Other Deferred Liability
IncreaseDecreaseInOtherDeferredLiability
|
101992 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-15314269 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-40863749 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
331566 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
9371913 | usd | |
fuv |
Refund From Return Of Equipment
RefundFromReturnOfEquipment
|
611476 | usd | |
fuv |
Payments To Acquire Security Deposit
PaymentsToAcquireSecurityDeposit
|
-4134 | usd | |
fuv |
Payments To Acquire Security Deposit
PaymentsToAcquireSecurityDeposit
|
2205 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
284044 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-9374118 | usd | |
fuv |
Proceeds From The Sale Of Common Stock
ProceedsFromTheSaleOfCommonStock
|
14494896 | usd | |
fuv |
Proceeds From The Sale Of Common Stock
ProceedsFromTheSaleOfCommonStock
|
27387708 | usd | |
us-gaap |
Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
|
4300002 | usd | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
1133100 | usd | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
870614 | usd | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
500000 | usd | |
us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
250000 | usd | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
70 | usd | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
20000 | usd | |
fuv |
Proceeds From Mortgage Loan
ProceedsFromMortgageLoan
|
6000000 | usd | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
13900000 | usd | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
600000 | usd | |
us-gaap |
Payments Of Loan Costs
PaymentsOfLoanCosts
|
300000 | usd | |
fuv |
Payments Of Debt Issuance Costs Convertible Note
PaymentsOfDebtIssuanceCostsConvertibleNote
|
232669 | usd | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
91095 | usd | |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
412007 | usd | |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
305296 | usd | |
fuv |
Repayment Of Equipment Notes
RepaymentOfEquipmentNotes
|
299562 | usd | |
fuv |
Repayment Of Equipment Notes
RepaymentOfEquipmentNotes
|
481963 | usd | |
fuv |
Proceeds From Equipment Notes
ProceedsFromEquipmentNotes
|
177256 | usd | |
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
7500000 | usd | |
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
161652 | usd | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
2039367 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
14800299 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
37484498 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-229926 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-12753369 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
462753 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
16971320 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
232827 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4217951 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
97594 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
186083 | usd | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
7042 | usd | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
3200 | usd | |
us-gaap |
Stock Issued1
StockIssued1
|
68361 | usd | |
fuv |
Accounts Payable For Purchase Of Property And Equipment
AccountsPayableForPurchaseOfPropertyAndEquipment
|
649180 | usd | |
fuv |
Notes Payable And Accrued Interest Converted To Common Stock
NotesPayableAndAccruedInterestConvertedToCommonStock
|
1112500 | usd | |
fuv |
Convertible Preferred Stock To Common Stock
ConvertiblePreferredStockToCommonStock
|
80632 | usd | |
fuv |
Convertible Preferred Stock To Redemption Value
ConvertiblePreferredStockToRedemptionValue
|
118194 | usd | |
fuv |
Transfers From Fuv Rental Fleet To Inventory
TransfersFromFUVRentalFleetToInventory
|
468613 | usd | |
fuv |
Equipment Acquired Through Finance Leases
EquipmentAcquiredThroughFinanceLeases
|
466991 | usd | |
fuv |
Equipment Acquired Through Finance Leases
EquipmentAcquiredThroughFinanceLeases
|
675928 | usd | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>NOTE 1: NATURE OF OPERATIONS </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Arcimoto, Inc. (the “Company”) was incorporated in the State of Oregon on November 21, 2007. The Company’s mission is to catalyze the global shift to a sustainable transportation system. Over the past 16 years, the Company has developed a new vehicle platform designed around the needs of everyday drivers. Having approximately one-third the weight and one-third of the footprint of the average car, the Arcimoto platform’s purpose is to bring the joy of ultra-efficient, pure electric driving to the masses. To date, the Company currently has two vehicle products built on this platform that target specific niches in the vehicle market: its flagship product, the Fun Utility Vehicle® (“FUV®”), for everyday consumer trips, and the Deliverator® for last-mile delivery and general fleet utility.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In February 2023, two wholly-owned subsidiaries of the Company were formed, Arcimoto Property Holding Company, LLC and APHC Holdings, LLC. APHC Holdings, LLC is the parent of Arcimoto Property Holding Company, LLC. Arcimoto Property Holding Company, LLC is the borrower in a loan obtained on February 17, 2023 for $6,000,000 that is secured by a guarantee provided by Arcimoto, Inc. and the real estate owned by the Company.</p> | ||
us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
1-for-20 | ||
CY2022Q1 | us-gaap |
Other Ownership Interests Offering Costs
OtherOwnershipInterestsOfferingCosts
|
100000000 | usd |
CY2022Q4 | fuv |
Equity Distribution Maximum Amount
EquityDistributionMaximumAmount
|
50000000 | usd |
CY2023Q1 | fuv |
Percentage Of Offering Price
PercentageOfOfferingPrice
|
0.50 | pure |
CY2023Q2 | us-gaap |
Deferred Offering Costs
DeferredOfferingCosts
|
2300000 | usd |
CY2023Q3 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
9217444 | usd |
CY2022Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
11491555 | usd |
CY2023Q3 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
199521 | usd |
CY2023Q3 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
1469568 | usd |
CY2022Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
832462 | usd |
CY2023Q3 | us-gaap |
Inventory Net
InventoryNet
|
10886533 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
12324017 | usd |
CY2023Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
849000 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
1280000 | usd |
fuv |
Labor And Overhead Expense
LaborAndOverheadExpense
|
5219000 | usd | |
fuv |
Labor And Overhead Expense
LaborAndOverheadExpense
|
11362000 | usd | |
CY2023Q3 | fuv |
Labor And Overhead Expense
LaborAndOverheadExpense
|
1763000 | usd |
CY2022Q3 | fuv |
Labor And Overhead Expense
LaborAndOverheadExpense
|
4289000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-14043068 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-16963699 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-34142039 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-47321599 | usd | |
fuv |
Temporary Equity Accretion To Redemption Percentage
TemporaryEquityAccretionToRedemptionPercentage
|
0.08 | pure | |
CY2023Q3 | us-gaap |
Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
|
118194 | usd |
us-gaap |
Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
|
118194 | usd | |
CY2023Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-14161262 | usd |
CY2022Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-16963699 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-34260233 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-47321599 | usd | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
8954919 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2247818 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7741214 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2042891 | shares | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.58 | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-7.55 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-4.43 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-23.16 | ||
CY2023Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
59440 | shares |
CY2022Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
110543 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
59440 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
88376 | shares | |
CY2023Q3 | us-gaap |
Long Term Notes And Loans
LongTermNotesAndLoans
|
1052000 | usd |
CY2022Q4 | us-gaap |
Long Term Notes And Loans
LongTermNotesAndLoans
|
1351000 | usd |
CY2023Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
34498521 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
35719877 | usd |
CY2023Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
7382290 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
5897083 | usd |
CY2023Q3 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
27116231 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
29822794 | usd |
CY2023Q3 | us-gaap |
Depreciation
Depreciation
|
629000 | usd |
us-gaap |
Depreciation
Depreciation
|
2010000 | usd | |
CY2022Q3 | us-gaap |
Depreciation
Depreciation
|
767000 | usd |
us-gaap |
Depreciation
Depreciation
|
2074000 | usd | |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
10648000 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-2236011 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
8411989 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
10648000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-1602710 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
9045290 | usd |
CY2023Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
211000 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
633000 | usd | |
CY2022Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
208000 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
629000 | usd | |
CY2023Q3 | us-gaap |
Customer Advances And Deposits Current
CustomerAdvancesAndDepositsCurrent
|
942100 | usd |
CY2022Q4 | us-gaap |
Customer Advances And Deposits Current
CustomerAdvancesAndDepositsCurrent
|
962300 | usd |
CY2023Q1 | us-gaap |
Other Borrowings
OtherBorrowings
|
6000000 | usd |
CY2023Q1 | fuv |
Retroactive Reduction To Repaid Percentage
RetroactiveReductionToRepaidPercentage
|
0 | pure |
CY2023Q1 | us-gaap |
Prepayment Fees On Advances Net
PrepaymentFeesOnAdvancesNet
|
600000 | usd |
CY2023Q1 | us-gaap |
Notes Reduction
NotesReduction
|
300000 | usd |
CY2023Q2 | us-gaap |
Other Receivables
OtherReceivables
|
500000 | usd |
CY2023Q1 | us-gaap |
Facility Costs
FacilityCosts
|
300000 | usd |
CY2023Q1 | fuv |
Additional Fees
AdditionalFees
|
600000 | usd |
fuv |
Fair Value Option Yield Measurement
FairValueOptionYieldMeasurement
|
0.1071 | pure | |
fuv |
Unrealized Loss On Mortgage Loan Of Fair Value
UnrealizedLossOnMortgageLoanOfFairValue
|
336194 | usd | |
fuv |
Unrealized Gain Loss On Mortage Loans
UnrealizedGainLossOnMortageLoans
|
-1038511 | usd | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
600000 | usd | |
CY2023Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
167517 | usd |
CY2022Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
193018 | usd |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
559133 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
548997 | usd | |
CY2023Q3 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
4265 | usd |
CY2022Q3 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
52631 | usd |
us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
71762 | usd | |
us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
104882 | usd | |
CY2023Q3 | us-gaap |
Lease Cost
LeaseCost
|
171782 | usd |
CY2022Q3 | us-gaap |
Lease Cost
LeaseCost
|
245649 | usd |
us-gaap |
Lease Cost
LeaseCost
|
630895 | usd | |
us-gaap |
Lease Cost
LeaseCost
|
653879 | usd | |
CY2023Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
821065 | usd |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
1336826 | usd |
CY2023Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
505548 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
666542 | usd |
CY2023Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
366871 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
744142 | usd |
CY2023Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
872419 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1410684 | usd |
CY2023Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P1Y11M1D | |
CY2023Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.088 | pure |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
605495 | usd | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
554751 | usd | |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
150793 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
511786 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
230858 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
58433 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
951870 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
79451 | usd |
CY2023Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
872419 | usd |
CY2023Q3 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
|
964000 | usd |
CY2023Q3 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
1354995 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
1300011 | usd |
CY2023Q3 | us-gaap |
Property Plant And Equipment Owned Net
PropertyPlantAndEquipmentOwnedNet
|
2937313 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Owned Net
PropertyPlantAndEquipmentOwnedNet
|
2672177 | usd |
CY2023Q3 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
394157 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
441523 | usd |
CY2023Q3 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
960838 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
858488 | usd |
CY2023Q3 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
1354995 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
1300011 | usd |
CY2023Q3 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P3Y4M6D | |
CY2023Q3 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.0451 | pure |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-63395 | usd | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-46127 | usd | |
fuv |
Financing Cash Flows From Finance Leases
FinancingCashFlowsFromFinanceLeases
|
412007 | usd | |
fuv |
Financing Cash Flows From Finance Leases
FinancingCashFlowsFromFinanceLeases
|
305296 | usd | |
CY2023Q3 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
84615 | usd |
CY2022Q3 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
57403 | usd |
us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
242270 | usd | |
us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
152508 | usd | |
CY2023Q3 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
20921 | usd |
CY2022Q3 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
16148 | usd |
us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
63395 | usd | |
us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
46127 | usd | |
CY2023Q3 | us-gaap |
Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
|
115887 | usd |
CY2023Q3 | us-gaap |
Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
|
463547 | usd |
CY2023Q3 | us-gaap |
Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
|
463547 | usd |
CY2023Q3 | us-gaap |
Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
|
327444 | usd |
CY2023Q3 | us-gaap |
Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
|
110937 | usd |
CY2023Q3 | us-gaap |
Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
|
18490 | usd |
CY2023Q3 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
1499852 | usd |
CY2023Q3 | us-gaap |
Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
|
144857 | usd |
CY2023Q3 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
1354995 | usd |
CY2023Q3 | us-gaap |
Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
|
4500000 | usd |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P3Y6M25D | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0469 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
|
1.1191 | pure | |
CY2023Q3 | us-gaap |
Share Price
SharePrice
|
0.84 | |
us-gaap |
Participating Policy Percentage Of Premium Income
ParticipatingPolicyPercentageOfPremiumIncome
|
0.0948 | pure | |
CY2022Q3 | us-gaap |
Debt Securities Unrealized Gain Loss
DebtSecuritiesUnrealizedGainLoss
|
-1925190 | usd |
CY2023Q3 | us-gaap |
Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
|
4523580 | usd |
CY2022Q4 | us-gaap |
Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
|
4887690 | usd |
us-gaap |
Debt Conversion Converted Instrument Warrants Or Options Issued1
DebtConversionConvertedInstrumentWarrantsOrOptionsIssued1
|
650000 | shares | |
us-gaap |
Warrant Exercise Price Increase
WarrantExercisePriceIncrease
|
1.5 | ||
CY2023Q3 | us-gaap |
Fair Value Liabilities Measured On Recurring Basis Debt Instrument Valuation Techniques Change In Technique Quantification Of Effect
FairValueLiabilitiesMeasuredOnRecurringBasisDebtInstrumentValuationTechniquesChangeInTechniqueQuantificationOfEffect
|
0 | usd |
CY2023Q3 | us-gaap |
Preferred Stock Convertible Conversion Price
PreferredStockConvertibleConversionPrice
|
1.2 | |
CY2023Q3 | fuv |
Percentage Of Conversion Price
PercentageOfConversionPrice
|
3 | pure |
CY2023Q3 | us-gaap |
Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
|
108963 | shares |
CY2023Q3 | fuv |
Original Discount Issue
OriginalDiscountIssue
|
0.20 | pure |
CY2023Q3 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
1195018 | usd |
us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
4365786 | usd | |
CY2023Q3 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
2239309 | usd |
CY2023Q3 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
3196088 | usd |
us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
3196088 | usd | |
CY2023Q3 | us-gaap |
Reporting Unit Amount Of Fair Value In Excess Of Carrying Amount
ReportingUnitAmountOfFairValueInExcessOfCarryingAmount
|
16283349 | usd |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
91095 | usd | |
CY2023Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
655821 | usd |
CY2022Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
1550007 | usd |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
2730861 | usd | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
4773137 | usd | |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
|
1600000 | shares |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Accelerated Vesting Number
SharebasedCompensationArrangementBySharebasedPaymentAwardAcceleratedVestingNumber
|
100000 | shares | |
us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
258923 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2470263 | usd | |
CY2022Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1548773 | usd |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
23690 | shares | |
CY2023Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2023Q2 | us-gaap |
Debt Instrument Repaid Principal
DebtInstrumentRepaidPrincipal
|
250000 | usd |
CY2023Q2 | fuv |
Issuance Shares Of Common Stock
IssuanceSharesOfCommonStock
|
201863 | shares |
CY2023Q3 | us-gaap |
Related Party Tax Expense Effect Of Change In Allocation Methodology
RelatedPartyTaxExpenseEffectOfChangeInAllocationMethodology
|
67000 | usd |
CY2023Q3 | us-gaap |
Revenues
Revenues
|
1110251 | usd |
CY2022Q3 | us-gaap |
Revenues
Revenues
|
2024205 | usd |
CY2023Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-7625776 | usd |
CY2022Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-18917833 | usd |
CY2023Q3 | us-gaap |
Financing Interest Expense
FinancingInterestExpense
|
16583349 | usd |
CY2023Q3 | fuv |
Unrealizedgain Loss On Convertible Notes Mortgage Loan And Warrants Fair Value
UnrealizedgainLossOnConvertibleNotesMortgageLoanAndWarrantsFairValue
|
10979457 | usd |
CY2022Q3 | fuv |
Unrealizedgain Loss On Convertible Notes Mortgage Loan And Warrants Fair Value
UnrealizedgainLossOnConvertibleNotesMortgageLoanAndWarrantsFairValue
|
2122828 | usd |
CY2023Q3 | us-gaap |
Interest Expense
InterestExpense
|
715613 | usd |
CY2022Q3 | us-gaap |
Interest Expense
InterestExpense
|
84945 | usd |
CY2023Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-97787 | usd |
CY2022Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-83749 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-14043068 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-16963699 | usd |
us-gaap |
Revenues
Revenues
|
4224125 | usd | |
us-gaap |
Revenues
Revenues
|
4173779 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-22389722 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-47024283 | usd | |
us-gaap |
Financing Interest Expense
FinancingInterestExpense
|
21827173 | usd | |
fuv |
Unrealizedgain Loss On Convertible Notes Mortgage Loan And Warrants Fair Value
UnrealizedgainLossOnConvertibleNotesMortgageLoanAndWarrantsFairValue
|
14148595 | usd | |
fuv |
Unrealizedgain Loss On Convertible Notes Mortgage Loan And Warrants Fair Value
UnrealizedgainLossOnConvertibleNotesMortgageLoanAndWarrantsFairValue
|
-22712 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
1027399 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
258851 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-2925610 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-113688 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-12553 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
7042 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3200 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-34142039 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-47321599 | usd | |
CY2023Q3 | us-gaap |
Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
|
10297 | usd |
CY2023Q3 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
3434 | usd |
CY2023Q3 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
4524 | usd |
CY2023Q3 | us-gaap |
Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
|
7039 | usd |
CY2023Q3 | us-gaap |
Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
|
25294 | usd |
CY2022Q4 | us-gaap |
Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
|
374 | usd |
CY2022Q4 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
10527 | usd |
CY2022Q4 | us-gaap |
Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
|
10901 | usd |
CY2023Q3 | fuv |
Unrealizedgain Loss On Convertible Notes Mortgage Loan And Warrants Fair Value
UnrealizedgainLossOnConvertibleNotesMortgageLoanAndWarrantsFairValue
|
10979457 | usd |
fuv |
Unrealizedgain Loss On Convertible Notes Mortgage Loan And Warrants Fair Value
UnrealizedgainLossOnConvertibleNotesMortgageLoanAndWarrantsFairValue
|
14148595 | usd | |
CY2022Q4 | us-gaap |
Loans Payable To Bank Current
LoansPayableToBankCurrent
|
usd | |
CY2023Q3 | us-gaap |
Convertible Debt Current
ConvertibleDebtCurrent
|
usd | |
CY2022Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
usd | |
CY2022Q4 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
usd | |
CY2023Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2023Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
usd | |
CY2022Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
usd | |
CY2023Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
shares | |
CY2022Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
shares | |
CY2023Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
shares | |
CY2022Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
shares | |
CY2023Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
||
CY2022Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
||
CY2023Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
||
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
||
CY2022Q3 | us-gaap |
Financing Interest Expense
FinancingInterestExpense
|
usd | |
us-gaap |
Financing Interest Expense
FinancingInterestExpense
|
usd | ||
CY2023Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
usd | |
CY2022Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
usd | ||
CY2022Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2042891 | shares | |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2247818 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
7741214 | shares | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
8954919 | shares |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-23.16 | ||
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.58 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-4.43 | ||
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-7.55 | |
CY2022Q3 | fuv |
Warrants Exercised During The Period
WarrantsExercisedDuringThePeriod
|
usd | |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
usd | |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
usd | |
us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
usd | ||
us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
usd | ||
fuv |
Noncash Financing Costs
NoncashFinancingCosts
|
usd | ||
us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
usd | ||
us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
usd | ||
fuv |
Debt Issuance Costs Expensed Mortgage Loan
DebtIssuanceCostsExpensedMortgageLoan
|
usd | ||
fuv |
Debt Facility Fee Expensed Mortgage Loan
DebtFacilityFeeExpensedMortgageLoan
|
usd | ||
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
usd | ||
fuv |
Warrant And Derivatives Issuance Costs Expensed
WarrantAndDerivativesIssuanceCostsExpensed
|
usd | ||
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
usd | ||
fuv |
Equity Awards Issued To External Consultants
EquityAwardsIssuedToExternalConsultants
|
usd | ||
fuv |
Refund From Return Of Equipment
RefundFromReturnOfEquipment
|
usd | ||
us-gaap |
Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
|
usd | ||
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
usd | ||
us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
usd | ||
fuv |
Proceeds From Mortgage Loan
ProceedsFromMortgageLoan
|
usd | ||
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
usd | ||
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
usd | ||
fuv |
Payments Of Debt Issuance Costs Convertible Note
PaymentsOfDebtIssuanceCostsConvertibleNote
|
usd | ||
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
usd | ||
fuv |
Proceeds From Equipment Notes
ProceedsFromEquipmentNotes
|
usd | ||
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
usd | ||
us-gaap |
Stock Issued1
StockIssued1
|
usd | ||
fuv |
Accounts Payable For Purchase Of Property And Equipment
AccountsPayableForPurchaseOfPropertyAndEquipment
|
usd | ||
fuv |
Notes Payable And Accrued Interest Converted To Common Stock
NotesPayableAndAccruedInterestConvertedToCommonStock
|
usd | ||
fuv |
Transfers From Fuv Rental Fleet To Inventory
TransfersFromFUVRentalFleetToInventory
|
usd | ||
CY2022Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
usd | |
CY2022Q3 | us-gaap |
Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
|
usd | |
us-gaap |
Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
|
usd | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2042891 | shares | |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2247818 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
7741214 | shares | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
8954919 | shares |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-23.16 | ||
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.58 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-4.43 | ||
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-7.55 | |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
usd | |
fuv |
Transactions Under Sales Agreement
TransactionsUnderSalesAgreement
|
usd | ||
CY2023Q3 | fuv |
Transactions Under Sales Agreement
TransactionsUnderSalesAgreement
|
usd | |
CY2022Q3 | us-gaap |
Financing Interest Expense
FinancingInterestExpense
|
usd | |
CY2023Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2022Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
us-gaap |
Financing Interest Expense
FinancingInterestExpense
|
usd | ||
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
usd | ||
CY2022Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
usd | |
CY2022Q4 | us-gaap |
Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
|
usd | |
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001558583 |