2021 Q2 Form 10-Q Financial Statement

#000162828021017019 Filed on August 13, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2 2020 Q1
Revenue $6.309M $3.424M $3.872M
YoY Change 84.26%
Cost Of Revenue $7.853M $7.442M $3.843M
YoY Change 5.52%
Gross Profit -$1.544M -$4.018M $29.00K
YoY Change -61.57%
Gross Profit Margin -24.47% -117.35% 0.75%
Selling, General & Admin $22.74M $6.124M $6.456M
YoY Change 271.39%
% of Gross Profit 22262.07%
Research & Development $19.91M $9.708M $8.408M
YoY Change 105.12%
% of Gross Profit 28993.1%
Depreciation & Amortization $675.0K $613.0K $628.0K
YoY Change 10.11%
% of Gross Profit 2165.52%
Operating Expenses $42.66M $15.83M $14.86M
YoY Change 169.44%
Operating Profit -$44.20M -$19.85M -$14.84M
YoY Change 122.68% 10296.75% 6672.15%
Interest Expense $288.0K $489.0K $532.0K
YoY Change -41.1%
% of Operating Profit
Other Income/Expense, Net $7.371M -$5.585M -$746.0K
YoY Change -231.98%
Pretax Income -$36.83M -$25.44M $1.019M
YoY Change 44.8% -1201.12% -13.06%
Income Tax $0.00 $250.5K
% Of Pretax Income 24.57%
Net Earnings -$36.83M -$25.44M -$15.58M
YoY Change 44.8% -1467.01% -1842.47%
Net Earnings / Revenue -583.77% -742.84% -402.4%
Basic Earnings Per Share -$0.11 -$0.20
Diluted Earnings Per Share -$0.11 -$0.20 -$121.1K
COMMON SHARES
Basic Shares Outstanding 340.3M shares 129.7M shares 128.7M shares
Diluted Shares Outstanding 340.3M shares 129.7M shares 128.7M shares

Balance Sheet

Concept 2021 Q2 2020 Q2 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $580.4M
YoY Change
Cash & Equivalents $134.7M $20.87M $8.465M
Short-Term Investments $445.8M
Other Short-Term Assets $7.033M
YoY Change
Inventory $4.318M $4.961M $6.168M
Prepaid Expenses $155.2K
Receivables $2.444M
Other Receivables $1.787M
Total Short-Term Assets $601.6M
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $21.23M
YoY Change
Goodwill $701.0K
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.641M
YoY Change
Total Long-Term Assets $24.58M
YoY Change
TOTAL ASSETS
Total Short-Term Assets $601.6M
Total Long-Term Assets $24.58M
Total Assets $626.2M $50.22M $35.50M
YoY Change 1146.95% -87.58% -91.19%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.996M
YoY Change
Accrued Expenses $12.90M $78.19K
YoY Change -87.55%
Deferred Revenue $586.0K
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $64.00K
YoY Change
Total Short-Term Liabilities $24.24M $300.5K $1.482M
YoY Change 7965.07% 92.53% 54.91%
LONG-TERM LIABILITIES
Long-Term Debt $194.0K
YoY Change
Other Long-Term Liabilities $1.133M
YoY Change
Total Long-Term Liabilities $1.327M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $24.24M $300.5K $1.482M
Total Long-Term Liabilities $1.327M
Total Liabilities $79.15M $15.48M
YoY Change 3.51%
SHAREHOLDERS EQUITY
Retained Earnings -$697.3M
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $547.0M -$249.3M -$226.2M
YoY Change
Total Liabilities & Shareholders Equity $626.2M
YoY Change

Cashflow Statement

Concept 2021 Q2 2020 Q2 2020 Q1
OPERATING ACTIVITIES
Net Income -$36.83M -$25.44M -$15.58M
YoY Change 44.8% -1467.01% -1842.47%
Depreciation, Depletion And Amortization $675.0K $613.0K $628.0K
YoY Change 10.11%
Cash From Operating Activities -$30.17M -$16.45M -$17.53M
YoY Change 83.44% -1166.97%
INVESTING ACTIVITIES
Capital Expenditures -$1.820M $192.0K $898.0K
YoY Change -1047.92%
Acquisitions
YoY Change
Other Investing Activities -$42.26M -$2.035M $2.320M
YoY Change 1976.81%
Cash From Investing Activities -$44.09M -$1.843M $1.421M
YoY Change 2292.46% -100.35%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $2.678M
YoY Change
Cash From Financing Activities 2.221M 30.69M -$2.728M
YoY Change -92.76% -100.68%
NET CHANGE
Cash From Operating Activities -30.17M -16.45M -$17.53M
Cash From Investing Activities -44.09M -1.843M $1.421M
Cash From Financing Activities 2.221M 30.69M -$2.728M
Net Change In Cash -72.05M 12.40M -$18.84M
YoY Change -680.87% -1622.53%
FREE CASH FLOW
Cash From Operating Activities -$30.17M -$16.45M -$17.53M
Capital Expenditures -$1.820M $192.0K $898.0K
Free Cash Flow -$28.35M -$16.64M -$18.43M
YoY Change 70.39%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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EntityRegistrantName
Luminar Technologies, Inc./DE
dei Entity Central Index Key
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dei Document Fiscal Year Focus
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dei Document Quarterly Report
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AccretionAmortizationOfDiscountsAndPremiumsInvestments
-602000 USD
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
0 USD
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-60000 USD
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
0 USD
lazr Fair Value Adjustment Of Warrants And Financial Instruments Subject To Mandatory Redemption
FairValueAdjustmentOfWarrantsAndFinancialInstrumentsSubjectToMandatoryRedemption
39721000 USD
lazr Fair Value Adjustment Of Warrants And Financial Instruments Subject To Mandatory Redemption
FairValueAdjustmentOfWarrantsAndFinancialInstrumentsSubjectToMandatoryRedemption
4574000 USD
us-gaap Inventory Write Down
InventoryWriteDown
1453000 USD
us-gaap Inventory Write Down
InventoryWriteDown
2481000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
0 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-3527000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3940000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2640000 USD
us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Increase Decrease In Inventories
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3440000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
8469000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
1049000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
1490000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-638000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
854000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
92000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
2652000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
2531000 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-1659000 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-369000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
376289000 USD
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
0 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
169619000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
0 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
36937000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
285000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2710000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
708000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-172443000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-423000 USD
lazr Cash Acquired From Acquisition Financing Activities
CashAcquiredFromAcquisitionFinancingActivities
10000 USD
lazr Cash Acquired From Acquisition Financing Activities
CashAcquiredFromAcquisitionFinancingActivities
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
31910000 USD
us-gaap Repayments Of Long Term Debt
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143000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3843000 USD
us-gaap Finance Lease Principal Payments
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143000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
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108000 USD
us-gaap Proceeds From Warrant Exercises
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153927000 USD
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
0 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2812000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
0 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
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lazr Payments For Repurchase Of Common Stock And Warrants
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2000 USD
lazr Payments For Repurchase Of Common Stock And Warrants
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4000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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156321000 USD
lazr Conversion Of Warrants Amount Issued
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338293000 USD
lazr Conversion Of Warrants Amount Issued
ConversionOfWarrantsAmountIssued
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
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27964000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-74305000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-6437000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
209719000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
27305000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
135414000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
20868000 USD
us-gaap Interest Paid Net
InterestPaidNet
37000 USD
us-gaap Interest Paid Net
InterestPaidNet
1328000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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2876000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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0 USD
lazr Assets Acquired On Capital Leases
AssetsAcquiredOnCapitalLeases
0 USD
lazr Assets Acquired On Capital Leases
AssetsAcquiredOnCapitalLeases
123000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
222000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
65000 USD
CY2020Q4 us-gaap Intercompany Foreign Currency Balance Amount
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600000 USD
lazr Receivable From Stock Option Exercised
ReceivableFromStockOptionExercised
394000 USD
lazr Receivable From Stock Option Exercised
ReceivableFromStockOptionExercised
0 USD
us-gaap Nature Of Operations
NatureOfOperations
Organization and Description of Business<div style="margin-bottom:6pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Luminar Technologies, Inc. and its wholly-owned subsidiaries (the “Company” or “Luminar”) was originally incorporated in Delaware on August 28, 2018 under the name Gores Metropoulos, Inc (“Gores”). The Company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. On December 2, 2020 (the “Closing Date”), the Company (at such time named Gores Metropoulos, Inc.)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">consummated the business combination (the “Business Combination”) pursuant to the Agreement and Plan of Merger (the “Merger Agreement”), dated August 24, 2020 with the pre-Business Combination Luminar Technologies, Inc. (“Legacy Luminar”). In connection with the consummation of the Business Combination, the Company changed its name from Gores Metropoulos, Inc. to Luminar Technologies, Inc. The Company’s common stock is listed on the NASDAQ under the symbol “LAZR.” The Company’s public warrants to purchase shares of Class A common stock were listed on the NASDAQ under the symbol “LAZRW,” until they were delisted on March 5, 2021 upon exercise and redemption.</span></div><div style="margin-bottom:6pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Unless the context otherwise requires, the “Company” refers to the combined company and its subsidiaries following the Business Combination, “Gores” refers to the Company prior to the Business Combination and “Legacy Luminar” refers to Luminar Technologies, Inc., prior to the Business Combination. Refer to Note 3 to the financial statements of the Company’s Annual Report on Form 10-K for the year ended December 31, 2020 for additional information relating to the Business Combination.</span></div><div style="margin-bottom:6pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company is a developer of advanced sensor technologies for the autonomous vehicle industry, encompassing the latest in Laser Imaging, Detection and Ranging (lidar) technology. The Company manufactures and distributes commercial lidar sensors. In addition, the Company develops ultra-sensitive pixel-based sensors and designs, tests and provides consulting services for non-standard integrated circuits that are essential for systems to meet the requirement of customers. </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Legacy Luminar was incorporated in Delaware on March 31, 2015. The Company has research and manufacturing facilities located in Palo Alto, California and Orlando, Florida, which is also the Company’s headquarters.</span></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:6pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make judgments, estimates and assumptions that affect the reported amounts of assets, liabilities, equity, revenues and expenses, and related disclosures. The significant estimates made by management include inventory reserves, valuation allowance for deferred tax assets, valuation of warrants, revenue, stock-based compensation expense and other loss contingencies. Management periodically evaluates such estimates and they are adjusted prospectively based upon such periodic evaluation. Actual results could differ from those estimates.</span></div>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentration of Credit Risk</span></div><div style="margin-bottom:6pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially subject the Company to significant concentrations of credit risk, consist primarily of cash and cash equivalents, marketable investments and accounts receivable. A significant portion of the Company’s cash and cash equivalents is held at high-quality domestic financial institutions. </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Deposits held with the financial institutions may, at times, exceed the amount of insurance provided on such deposits</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. The Company held cash in foreign entities of $0.7 million and $0.6 million as of June 30, 2021 and December 31, 2020, respectively. </span></div><div style="margin-bottom:6pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s revenue is derived from customers located in the United States and international markets. The Company mitigates its credit risks by performing ongoing credit evaluations of its customers’ financial conditions and requires advance payment from customers in certain circumstances. The Company generally does not require collateral.</span></div>
CY2021Q2 us-gaap Intercompany Foreign Currency Balance Amount
IntercompanyForeignCurrencyBalanceAmount
700000 USD
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6309000 USD
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RevenueFromContractWithCustomerExcludingAssessedTax
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CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6309000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3424000 USD
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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6309000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3424000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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11622000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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11622000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7296000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
11622000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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7296000 USD
CY2021Q2 us-gaap Contract With Customer Asset Net
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5000000.0 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
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0 USD
CY2021Q2 us-gaap Contract With Customer Liability Current
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600000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
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2300000 USD
CY2020Q4 us-gaap Contract With Customer Liability
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2284000 USD
CY2019Q4 us-gaap Contract With Customer Liability
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225000 USD
us-gaap Contract With Customer Liability Revenue Recognized
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-2284000 USD
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-225000 USD
lazr Contract With Customer Liability Increase Due To Cash Received Billings In Excess Of Revenue
ContractWithCustomerLiabilityIncreaseDueToCashReceivedBillingsInExcessOfRevenue
586000 USD
CY2020 lazr Contract With Customer Liability Increase Due To Cash Received Billings In Excess Of Revenue
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2284000 USD
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CY2020Q4 us-gaap Contract With Customer Liability
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515799000 USD
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113000 USD
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106000 USD
CY2021Q2 us-gaap Available For Sale Securities Debt Securities
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47000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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12000 USD
CY2021Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
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106000 USD
CY2021Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
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12000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
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128502000 USD
CY2021Q2 us-gaap Equity Securities Fv Ni
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16472000 USD
CY2020Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
0 USD
CY2021Q2 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
-33000 USD
CY2020Q2 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
0 USD
us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
81000 USD
us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
0 USD
CY2021Q2 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
253000 USD
CY2020Q2 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
0 USD
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
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us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
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CY2021Q2 us-gaap Equity Securities Fv Ni Gain Loss
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220000 USD
CY2020Q2 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
0 USD
us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
56000 USD
us-gaap Equity Securities Fv Ni Gain Loss
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0 USD
CY2021Q2 us-gaap Cash
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CY2020Q4 us-gaap Cash
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CY2021Q2 us-gaap Money Market Funds At Carrying Value
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CY2020Q4 us-gaap Money Market Funds At Carrying Value
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CY2021Q2 us-gaap Us Government Securities At Carrying Value
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24999000 USD
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CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2020Q4 us-gaap Inventory Raw Materials Net Of Reserves
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625000 USD
CY2021Q2 us-gaap Inventory Work In Process Net Of Reserves
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3613000 USD
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us-gaap Inventory Write Down
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1500000 USD
CY2020Q2 us-gaap Inventory Write Down
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us-gaap Inventory Write Down
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CY2020Q4 us-gaap Contract With Customer Asset Net Current
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13540000 USD
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7068000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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5851000 USD
CY2021Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
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9258000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
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7689000 USD
CY2021Q2 us-gaap Depreciation Depletion And Amortization
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700000 USD
us-gaap Depreciation Depletion And Amortization
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1300000 USD
CY2020Q2 us-gaap Depreciation Depletion And Amortization
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600000 USD
us-gaap Depreciation Depletion And Amortization
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1200000 USD
CY2021Q2 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
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926000 USD
CY2021Q2 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
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926000 USD
CY2020Q4 us-gaap Capital Leased Assets Gross
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926000 USD
CY2021Q2 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
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285000 USD
CY2021Q2 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
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285000 USD
CY2020Q4 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
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219000 USD
CY2021Q2 us-gaap Finance Lease Right Of Use Asset
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641000 USD
CY2020Q4 us-gaap Capital Leases Balance Sheet Assets By Major Class Net
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P2Y2M1D
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CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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CY2021Q2 us-gaap Finance Lease Liability Payments Due Year Three
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CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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CY2021Q2 us-gaap Finance Lease Liability Payments Due Year Five
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CY2021Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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CY2021Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
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614000 USD
CY2021Q2 us-gaap Purchase Obligation Due In Next Twelve Months
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