2023 Q2 Form 10-Q Financial Statement

#000162828023016924 Filed on May 10, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q1
Revenue $2.827M $372.0K $0.00
YoY Change 312.1%
Cost Of Revenue $0.00 $0.00
YoY Change
Gross Profit $2.827M $372.0K
YoY Change
Gross Profit Margin 100.0% 100.0%
Selling, General & Admin $7.584M $7.139M $9.290M
YoY Change -12.8% -23.15% 252.96%
% of Gross Profit 268.27% 1919.09%
Research & Development $19.45M $17.73M $12.90M
YoY Change 20.32% 37.48% 128.2%
% of Gross Profit 688.01% 4766.67%
Depreciation & Amortization $1.000M $1.077M $196.0K
YoY Change 283.14% 449.49% 50.77%
% of Gross Profit 35.37% 289.52%
Operating Expenses $27.03M $24.87M $22.19M
YoY Change 8.74% 12.09% 167.84%
Operating Profit -$24.21M -$24.50M -$22.19M
YoY Change 0.13% 10.42% 167.84%
Interest Expense $1.220M $1.252M $29.00K
YoY Change 78.1% 4217.24% -49.12%
% of Operating Profit
Other Income/Expense, Net $1.278M $2.598M $16.48M
YoY Change -85.12% -84.23% -111.24%
Pretax Income -$22.93M -$21.90M -$5.709M
YoY Change 47.1% 283.62% -161.79%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$22.93M -$21.90M -$5.709M
YoY Change 47.09% 283.62% -96.31%
Net Earnings / Revenue -811.07% -5887.37%
Basic Earnings Per Share -$0.15 -$0.14 -$0.04
Diluted Earnings Per Share -$0.15 -$0.14 -$0.04
COMMON SHARES
Basic Shares Outstanding 154.4M shares 154.3M shares 151.7M shares
Diluted Shares Outstanding 154.9M shares 154.1M shares 151.7M shares

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $99.50M $119.0M $212.3M
YoY Change -48.22% -43.95% 66253.44%
Cash & Equivalents $30.29M $87.81M $212.3M
Short-Term Investments $69.20M $31.20M
Other Short-Term Assets $4.400M $5.365M $5.573M
YoY Change -5.64% -3.73% 2222.08%
Inventory
Prepaid Expenses
Receivables $1.393M $689.0K $2.928M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $105.4M $125.1M $220.8M
YoY Change -47.13% -43.37% 38642.46%
LONG-TERM ASSETS
Property, Plant & Equipment $18.48M $18.37M $10.06M
YoY Change 48.33% 82.71%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $115.0K $239.0K $261.0K
YoY Change -50.85% -8.43% -99.9%
Total Long-Term Assets $22.34M $22.39M $14.65M
YoY Change 33.37% 52.81% -94.14%
TOTAL ASSETS
Total Short-Term Assets $105.4M $125.1M $220.8M
Total Long-Term Assets $22.34M $22.39M $14.65M
Total Assets $127.8M $147.5M $235.5M
YoY Change -40.89% -37.38% -6.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.838M $2.699M $1.745M
YoY Change 97.77% 54.67% 4262.5%
Accrued Expenses $15.00M $12.57M $6.598M
YoY Change 50.62% 90.54% 3781.18%
Deferred Revenue $3.200M $5.929M $6.859M
YoY Change -52.96% -13.56%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.127M $1.522M $1.817M
YoY Change -60.15% -16.24%
Total Short-Term Liabilities $22.71M $23.02M $18.35M
YoY Change 3.14% 25.48% 8239.09%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $1.483M
YoY Change -100.0%
Other Long-Term Liabilities $0.00 $80.00K $101.0K
YoY Change -100.0% -20.79% -99.51%
Total Long-Term Liabilities $0.00 $80.00K $1.584M
YoY Change -100.0% -94.95% -92.32%
TOTAL LIABILITIES
Total Short-Term Liabilities $22.71M $23.02M $18.35M
Total Long-Term Liabilities $0.00 $80.00K $1.584M
Total Liabilities $30.46M $30.22M $36.04M
YoY Change 4.05% -16.15% 72.91%
SHAREHOLDERS EQUITY
Retained Earnings -$663.4M -$640.5M -$546.3M
YoY Change 18.06% 17.24% -11028.28%
Common Stock $16.00K $16.00K $16.00K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $97.30M $117.2M $199.4M
YoY Change
Total Liabilities & Shareholders Equity $127.8M $147.5M $235.5M
YoY Change -40.89% -37.38% -6.06%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income -$22.93M -$21.90M -$5.709M
YoY Change 47.09% 283.62% -96.31%
Depreciation, Depletion And Amortization $1.000M $1.077M $196.0K
YoY Change 283.14% 449.49% 50.77%
Cash From Operating Activities -$19.02M -$18.51M -$19.37M
YoY Change 25.47% -4.46% 198.84%
INVESTING ACTIVITIES
Capital Expenditures $830.0K $2.610M $4.041M
YoY Change -118.77% -35.41% 2938.35%
Acquisitions
YoY Change
Other Investing Activities -$37.31M $74.67M
YoY Change -53.13%
Cash From Investing Activities -$38.14M $72.06M -$4.041M
YoY Change -54.61% -1883.17% 2938.35%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -140.0K -$303.0K -$3.244M
YoY Change -68.4% -90.66% -127.31%
NET CHANGE
Cash From Operating Activities -19.02M -$18.51M -$19.37M
Cash From Investing Activities -38.14M $72.06M -$4.041M
Cash From Financing Activities -140.0K -$303.0K -$3.244M
Net Change In Cash -57.30M $53.25M -$26.66M
YoY Change -42.48% -299.73% -606.63%
FREE CASH FLOW
Cash From Operating Activities -$19.02M -$18.51M -$19.37M
Capital Expenditures $830.0K $2.610M $4.041M
Free Cash Flow -$19.85M -$21.12M -$23.42M
YoY Change 84.87% -9.8% 253.91%

Facts In Submission

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CY2023Q1 ghw Increase Decrease In Product Warranty Accrual
IncreaseDecreaseInProductWarrantyAccrual
1231000 usd
CY2022Q1 ghw Increase Decrease In Product Warranty Accrual
IncreaseDecreaseInProductWarrantyAccrual
0 usd
CY2023Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-306000 usd
CY2022Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
0 usd
CY2023Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-346000 usd
CY2022Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-165000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-18510000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-19374000 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2610000 usd
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4041000 usd
CY2023Q1 us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
-74668000 usd
CY2022Q1 us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
0 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
72058000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4041000 usd
CY2023Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
400000 usd
CY2022Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
483000 usd
CY2023Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
104000 usd
CY2022Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
47000 usd
CY2023Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 usd
CY2022Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2808000 usd
CY2023Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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CY2022Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-303000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3244000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
53245000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-26659000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
36655000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
240232000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
89900000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
213573000 usd
CY2023Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
413000 usd
CY2022Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
403000 usd
CY2023Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
623000 usd
CY2022Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2235000 usd
CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4534000 usd
CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
123000 usd
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
87811000 usd
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
212331000 usd
CY2023Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
1413000 usd
CY2022Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
1167000 usd
CY2023Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
676000 usd
CY2022Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
75000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
89900000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
213573000 usd
CY2023Q1 ghw Battery Flexible Energy Capacity Minimum
BatteryFlexibleEnergyCapacityMinimum
4 h
CY2023Q1 ghw Battery Lifespan Number Of Cycles
BatteryLifespanNumberOfCycles
20000 cycle
CY2023Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reclassifications</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—Certain prior year amounts have been reclassified to conform with current year presentation. These reclassifications had no effect on the reported results of operations.</span>
CY2023Q1 us-gaap Use Of Estimates
UseOfEstimates
Use of Estimates—The preparation of the condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the reported amounts of assets and liabilities and disclosure of commitments and contingencies as of the date of the condensed consolidated financial statements and the reported amounts of expenses during the reporting periods. Such estimates relate to, among others, the useful lives and assessment of recoverability of property and equipment, deferred tax assets valuation, determination of the fair value of the Company’s investments, earnout warrant liabilities, public warrants and private warrants and the determination of variable consideration, standalone selling prices, product warranty liabilities, as well as other accruals. These estimates are based on historical trends, market pricing, current events and other relevant assumptions and data points. Actual results could differ from those estimates and such differences may be material to the condensed consolidated financial statements.
CY2023Q1 us-gaap Debt Securities Trading Gain Loss
DebtSecuritiesTradingGainLoss
5000 usd
CY2022Q1 us-gaap Debt Securities Trading Gain Loss
DebtSecuritiesTradingGainLoss
0 usd
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
154123911 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
151683819 shares
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-21901000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-21901000 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-5709000 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-5709000 usd
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
154123911 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
151683819 shares
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.14
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.14
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
26285501 shares
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
19802308 shares
CY2023Q1 us-gaap Prepaid Insurance
PrepaidInsurance
1669000 usd
CY2022Q4 us-gaap Prepaid Insurance
PrepaidInsurance
2033000 usd
CY2023Q1 us-gaap Supplies
Supplies
1716000 usd
CY2022Q4 us-gaap Supplies
Supplies
3147000 usd
CY2023Q1 ghw Other Prepaid Expense And Other Assets Current
OtherPrepaidExpenseAndOtherAssetsCurrent
567000 usd
CY2022Q4 ghw Other Prepaid Expense And Other Assets Current
OtherPrepaidExpenseAndOtherAssetsCurrent
477000 usd
CY2023Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3952000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
5657000 usd
CY2023Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
22285000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
20411000 usd
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3912000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2841000 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
18373000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
17570000 usd
CY2023Q1 us-gaap Depreciation
Depreciation
1071000 usd
CY2022Q1 us-gaap Depreciation
Depreciation
196000 usd
CY2023Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2580000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2948000 usd
CY2023Q1 ghw Materials And Related Purchases Current
MaterialsAndRelatedPurchasesCurrent
3515000 usd
CY2022Q4 ghw Materials And Related Purchases Current
MaterialsAndRelatedPurchasesCurrent
6892000 usd
CY2023Q1 us-gaap Customer Refund Liability Current
CustomerRefundLiabilityCurrent
1014000 usd
CY2022Q4 us-gaap Customer Refund Liability Current
CustomerRefundLiabilityCurrent
770000 usd
CY2023Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
935000 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1011000 usd
CY2023Q1 ghw Accrued Capital Expenditures
AccruedCapitalExpenditures
190000 usd
CY2022Q4 ghw Accrued Capital Expenditures
AccruedCapitalExpenditures
1093000 usd
CY2023Q1 ghw Other Accrued Liability And Other Liabilities Current
OtherAccruedLiabilityAndOtherLiabilitiesCurrent
299000 usd
CY2022Q4 ghw Other Accrued Liability And Other Liabilities Current
OtherAccruedLiabilityAndOtherLiabilitiesCurrent
1411000 usd
CY2023Q1 ghw Accrued Liabilities And Other Current Liabilities
AccruedLiabilitiesAndOtherCurrentLiabilities
8533000 usd
CY2022Q4 ghw Accrued Liabilities And Other Current Liabilities
AccruedLiabilitiesAndOtherCurrentLiabilities
14125000 usd
CY2022Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
1643000 usd
CY2021Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
0 usd
CY2023Q1 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
1504000 usd
CY2022Q1 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
0 usd
CY2023Q1 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
273000 usd
CY2022Q1 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
0 usd
CY2023Q1 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
2874000 usd
CY2022Q1 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
0 usd
CY2023Q1 us-gaap Long Term Debt
LongTermDebt
1522000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
1915000 usd
CY2023Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
1522000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1600000 usd
CY2023Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
0 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
315000 usd
CY2023Q1 us-gaap Certificates Of Deposit At Carrying Value
CertificatesOfDepositAtCarryingValue
75000 usd
CY2023Q1 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
11461227 shares
CY2022Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
11461227 shares
CY2022Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
11461227 shares
CY2023Q1 ghw Class Of Warrant Or Right Grants In Period
ClassOfWarrantOrRightGrantsInPeriod
0 shares
CY2023Q1 ghw Class Of Warrant Or Right Exercises In Period
ClassOfWarrantOrRightExercisesInPeriod
0 shares
CY2023Q1 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
11461227 shares
CY2021Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
11461247 shares
CY2022Q1 ghw Class Of Warrant Or Right Grants In Period
ClassOfWarrantOrRightGrantsInPeriod
0 shares
CY2022Q1 ghw Class Of Warrant Or Right Exercises In Period
ClassOfWarrantOrRightExercisesInPeriod
20 shares
CY2022Q1 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
11461227 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
12500 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
12500 shares
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2059000 usd
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2760000 usd
CY2023Q1 ghw Share Based Compensation Arrangement By Share Based Payment Awards Potential Increase In Shares Authorized Percentage Of Shares Outstanding
ShareBasedCompensationArrangementByShareBasedPaymentAwardsPotentialIncreaseInSharesAuthorizedPercentageOfSharesOutstanding
0.05
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3223109 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.01
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y4M20D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
4583000 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2023Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2023Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
300501 shares
CY2023Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
2.17
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
186813 shares
CY2023Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0.51
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2735795 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.12
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y29D
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
2428000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
1947123 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
0.76
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P7Y21D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
3244000 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
1811938 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
0.86
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P6Y9M7D
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
1710000 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2023Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
31014000 usd
CY2023Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y2M19D
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
372000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
0 usd
CY2023Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
76000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
11000 usd
CY2023Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
8371000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
8610000 usd
CY2023Q1 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
65000 usd
CY2023Q1 ghw Contract With Customer Liability Period Change
ContractWithCustomerLiabilityPeriodChange
-239000 usd
CY2023Q1 ghw Contract With Customer Liability Advance Payment
ContractWithCustomerLiabilityAdvancePayment
370000 usd
CY2023Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
372000 usd
CY2023Q1 ghw Contract With Customer Liability Deposits Returned To Customers
ContractWithCustomerLiabilityDepositsReturnedToCustomers
58000 usd
CY2023Q1 ghw Contract With Customer Liability Change In Estimate Of Variable Consideration
ContractWithCustomerLiabilityChangeInEstimateOfVariableConsideration
244000 usd
CY2023Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
5929000 usd
CY2023Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
2442000 usd

Files In Submission

Name View Source Status
0001628280-23-016924-index-headers.html Edgar Link pending
0001628280-23-016924-index.html Edgar Link pending
0001628280-23-016924.txt Edgar Link pending
0001628280-23-016924-xbrl.zip Edgar Link pending
exhibit311-ceocertq12023.htm Edgar Link pending
exhibit312-cfocertq12023.htm Edgar Link pending
exhibit321-ceocertq12023.htm Edgar Link pending
exhibit322-cfocertq12023.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
ghw-20230331.htm Edgar Link pending
ghw-20230331.xsd Edgar Link pending
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