2021 Q3 Form 10-Q Financial Statement

#000162828021023285 Filed on November 15, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2020 Q4 2020 Q3
Revenue $7.978M $2.430M $4.223M
YoY Change 88.92% -58.1%
Cost Of Revenue $10.76M $6.740M $6.924M
YoY Change 55.43% -7.8%
Gross Profit -$2.784M -$4.310M -$2.701M
YoY Change 3.07% 185.43%
Gross Profit Margin -34.9% -177.37% -63.96%
Selling, General & Admin $41.47M $15.70M $8.943M
YoY Change 363.73% 140.06%
% of Gross Profit
Research & Development $25.89M $10.38M $10.15M
YoY Change 155.02% 8.13%
% of Gross Profit
Depreciation & Amortization $908.0K $590.0K $688.0K
YoY Change 31.98% -3.28% -59.77%
% of Gross Profit
Operating Expenses $67.36M $26.09M $19.10M
YoY Change 252.77% 61.65%
Operating Profit -$70.15M -$30.40M -$21.80M
YoY Change 221.83% 72.24% 10754.8%
Interest Expense $374.0K -$1.230M $1.076M
YoY Change -65.24% 434.78%
% of Operating Profit
Other Income/Expense, Net $17.54M -$255.3M -$9.415M
YoY Change -286.31% 425433.33%
Pretax Income -$52.60M -$290.1M -$31.21M
YoY Change 68.54% 1516.89% -1732.28%
Income Tax -$1.300M $0.00
% Of Pretax Income
Net Earnings -$51.34M -$290.1M -$31.21M
YoY Change 64.49% 1516.89% -2171.32%
Net Earnings / Revenue -643.52% -11937.04% -739.07%
Basic Earnings Per Share -$0.15 -$0.29
Diluted Earnings Per Share -$0.15 -$1.999M -$0.29
COMMON SHARES
Basic Shares Outstanding 352.1M shares 130.6M shares
Diluted Shares Outstanding 352.1M shares 130.6M shares

Balance Sheet

Concept 2021 Q3 2020 Q4 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $544.9M $485.7M $167.8M
YoY Change 224.71% 1339.44%
Cash & Equivalents $129.3M $208.9M $518.9K
Short-Term Investments $415.5M $276.7M $117.1M
Other Short-Term Assets $9.377M $5.600M $10.00M
YoY Change -6.23%
Inventory $7.871M $3.613M $2.921M
Prepaid Expenses $59.46K
Receivables $1.033M $5.971M $1.000M
Other Receivables $3.443M $2.260M $0.00
Total Short-Term Assets $578.4M $500.8M $578.3K
YoY Change 99907.78% 1107.73% -64.81%
LONG-TERM ASSETS
Property, Plant & Equipment $21.29M $7.689M $7.800M
YoY Change 172.99% -2.26%
Goodwill $3.110M $701.0K
YoY Change 0.0%
Intangibles $2.488M $0.00
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.536M $1.151M $1.300M
YoY Change 95.08% -37.07%
Total Long-Term Assets $29.43M $9.541M $190.9M
YoY Change -84.58% -8.23% -52.84%
TOTAL ASSETS
Total Short-Term Assets $578.4M $500.8M $578.3K
Total Long-Term Assets $29.43M $9.541M $190.9M
Total Assets $607.8M $510.4M $191.5M
YoY Change 217.47% 884.02% -52.89%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.682M $6.039M $8.300M
YoY Change 16.65% 74.74%
Accrued Expenses $18.55M $10.45M $2.936M
YoY Change 531.87% 196.43% 6998.05%
Deferred Revenue $579.0K $2.284M
YoY Change 915.11%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $66.00K $99.00K $1.900M
YoY Change -96.53% -98.73%
Total Short-Term Liabilities $33.23M $16.59M $3.099M
YoY Change 972.19% 12.3% 349.56%
LONG-TERM LIABILITIES
Long-Term Debt $177.0K $302.0K $26.90M
YoY Change -99.34% -80.58%
Other Long-Term Liabilities $911.0K $1.318M $16.70M
YoY Change -94.54% -5.92%
Total Long-Term Liabilities $1.088M $1.620M $43.60M
YoY Change -97.5% -45.2%
TOTAL LIABILITIES
Total Short-Term Liabilities $33.23M $16.59M $3.099M
Total Long-Term Liabilities $1.088M $1.620M $43.60M
Total Liabilities $68.71M $361.6M $17.10M
YoY Change 301.82% 1818.25% 14.12%
SHAREHOLDERS EQUITY
Retained Earnings -$748.6M -$584.5M $2.045M
YoY Change -36710.83% 163.05% -51.77%
Common Stock $2.954M
YoY Change 289.1%
Preferred Stock
YoY Change
Treasury Stock (at cost) $0.00
YoY Change
Treasury Stock Shares 0.000 shares
Shareholders Equity $539.1M $148.7M -$279.2M
YoY Change
Total Liabilities & Shareholders Equity $607.8M $510.4M $406.3M
YoY Change 49.59% 884.02% -0.02%

Cashflow Statement

Concept 2021 Q3 2020 Q4 2020 Q3
OPERATING ACTIVITIES
Net Income -$51.34M -$290.1M -$31.21M
YoY Change 64.49% 1516.89% -2171.32%
Depreciation, Depletion And Amortization $908.0K $590.0K $688.0K
YoY Change 31.98% -3.28% -59.77%
Cash From Operating Activities -$36.07M -$27.91M -$13.75M
YoY Change 162.31% 88.58% -69.71%
INVESTING ACTIVITIES
Capital Expenditures -$1.445M -$220.0K -$1.272M
YoY Change 13.6% -40.54% 13.57%
Acquisitions
YoY Change
Other Investing Activities $30.31M -$159.1M -$110.8M
YoY Change -127.37% 2289.19% -30033.78%
Cash From Investing Activities $28.87M -$159.3M -$112.0M
YoY Change -125.77% 2166.57% 14836.93%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.840M 346.1M 155.8M
YoY Change -98.82% -13257.79% 76.91%
NET CHANGE
Cash From Operating Activities -36.07M -27.91M -13.75M
Cash From Investing Activities 28.87M -159.3M -112.0M
Cash From Financing Activities 1.840M 346.1M 155.8M
Net Change In Cash -5.366M 158.8M 30.06M
YoY Change -117.85% -749.22% -28.33%
FREE CASH FLOW
Cash From Operating Activities -$36.07M -$27.91M -$13.75M
Capital Expenditures -$1.445M -$220.0K -$1.272M
Free Cash Flow -$34.63M -$27.69M -$12.48M
YoY Change 177.47% 91.89% -71.82%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Registrant Name
EntityRegistrantName
Luminar Technologies, Inc./DE
dei Entity Central Index Key
EntityCentralIndexKey
0001758057
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.61
us-gaap Accounting Standards Update Extensible List
AccountingStandardsUpdateExtensibleList
us-gaap:AccountingStandardsUpdate201602Member
CY2021Q3 us-gaap Finance Lease Liability Current Statement Of Financial Position Extensible List
FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
us-gaap:AccruedLiabilitiesCurrent
CY2021Q3 us-gaap Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List
FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
us-gaap:OtherLiabilitiesNoncurrent
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 100
dei Entity Address City Or Town
EntityAddressCityOrTown
Orlando
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2021-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-38791
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
83-1804317
dei Entity Address Address Line1
EntityAddressAddressLine1
2603 Discovery Drive
dei Entity Address State Or Province
EntityAddressStateOrProvince
FL
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
32826
dei City Area Code
CityAreaCode
407
dei Local Phone Number
LocalPhoneNumber
900-5259
dei Security12b Title
Security12bTitle
Class A common stock, par value of $0.0001 per share
dei Trading Symbol
TradingSymbol
LAZR
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
dei Entity Ex Transition Period
EntityExTransitionPeriod
false
dei Entity Shell Company
EntityShellCompany
false
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
129323000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
208944000 USD
CY2021Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
725000 USD
CY2020Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
775000 USD
CY2021Q3 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
415544000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
276710000 USD
CY2021Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1033000 USD
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
5971000 USD
CY2021Q3 us-gaap Inventory Net
InventoryNet
7871000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
3613000 USD
CY2021Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
23883000 USD
CY2021Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2488000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
0 USD
CY2021Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
18551000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
4797000 USD
CY2021Q3 us-gaap Assets Current
AssetsCurrent
578379000 USD
CY2020Q4 us-gaap Assets Current
AssetsCurrent
500810000 USD
CY2021Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
11128000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
7689000 USD
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
10165000 USD
CY2021Q3 us-gaap Goodwill
Goodwill
3110000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
701000 USD
CY2021Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2536000 USD
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1151000 USD
CY2021Q3 us-gaap Assets
Assets
607806000 USD
CY2020Q4 us-gaap Assets
Assets
510351000 USD
CY2021Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
9682000 USD
CY2020Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
6039000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
302000 USD
CY2021Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
6639000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
10452000 USD
CY2021Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4927000 USD
CY2021Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
66000 USD
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
99000 USD
CY2021Q3 us-gaap Liabilities Current
LiabilitiesCurrent
33226000 USD
CY2020Q4 us-gaap Liabilities Current
LiabilitiesCurrent
16590000 USD
CY2021Q3 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
27753000 USD
CY2020Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
343400000 USD
CY2021Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
177000 USD
CY2021Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
911000 USD
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1318000 USD
CY2021Q3 us-gaap Liabilities
Liabilities
68706000 USD
CY2020Q4 us-gaap Liabilities
Liabilities
361610000 USD
CY2021Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2021Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
607806000 USD
CY2020Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1264000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
148741000 USD
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
510351000 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7978000 USD
CY2021Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1287558000 USD
CY2020Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
733175000 USD
CY2021Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
100000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
34000 USD
CY2021Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-748594000 USD
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-584501000 USD
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
539100000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4223000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19600000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
11519000 USD
CY2021Q3 us-gaap Cost Of Revenue
CostOfRevenue
10762000 USD
CY2020Q3 us-gaap Cost Of Revenue
CostOfRevenue
6924000 USD
us-gaap Cost Of Revenue
CostOfRevenue
26254000 USD
us-gaap Cost Of Revenue
CostOfRevenue
18209000 USD
CY2021Q3 us-gaap Gross Profit
GrossProfit
-2784000 USD
CY2020Q3 us-gaap Gross Profit
GrossProfit
-2701000 USD
us-gaap Gross Profit
GrossProfit
-6654000 USD
us-gaap Gross Profit
GrossProfit
-6690000 USD
CY2021Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
25890000 USD
CY2020Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
10152000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
59813000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
28268000 USD
CY2021Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
5868000 USD
CY2020Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
2332000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
12010000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
5407000 USD
CY2021Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
35603000 USD
CY2020Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6611000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
65113000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-56481000 USD
CY2021Q3 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-17072000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
16116000 USD
CY2021Q3 us-gaap Operating Expenses
OperatingExpenses
67361000 USD
CY2020Q3 us-gaap Operating Expenses
OperatingExpenses
19095000 USD
us-gaap Operating Expenses
OperatingExpenses
136936000 USD
us-gaap Operating Expenses
OperatingExpenses
49791000 USD
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-70145000 USD
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-21796000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-143590000 USD
CY2020Q3 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
7988000 USD
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
22649000 USD
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
12562000 USD
CY2021Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2020Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-866000 USD
CY2021Q3 us-gaap Interest Expense
InterestExpense
374000 USD
CY2020Q3 us-gaap Interest Expense
InterestExpense
1076000 USD
us-gaap Interest Expense
InterestExpense
860000 USD
us-gaap Interest Expense
InterestExpense
2097000 USD
CY2021Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
843000 USD
CY2020Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
-351000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
1744000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
-221000 USD
CY2021Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
17541000 USD
CY2020Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-9415000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-21765000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-15746000 USD
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-52604000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-31211000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-165355000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-72227000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1262000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-164093000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-78474000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-78474000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-51340000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-31211000 USD
us-gaap Net Income Loss
NetIncomeLoss
-164093000 USD
us-gaap Net Income Loss
NetIncomeLoss
-72227000 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-51340000 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-51340000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-37458000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-37458000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-164093000 USD
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.15
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.15
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.29
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
341858435 shares
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.29
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.48
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.48
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.61
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.61
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
352122485 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
352122485 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
130601660 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
130601660 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
341858435 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
129643774 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
129643774 shares
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-51340000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-31211000 USD
us-gaap Net Income Loss
NetIncomeLoss
-164093000 USD
us-gaap Net Income Loss
NetIncomeLoss
-72227000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
93000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-28000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
66000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-19000 USD
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-51247000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-31239000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-164027000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-72246000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
-249305000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1306000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-28000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-31211000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
-279238000 USD
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
547016000 USD
CY2021Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1547000 USD
CY2021Q3 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
4848000 USD
CY2021Q3 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
6527000 USD
CY2021Q3 lazr Stock Issued During Period Contingent Consideration Equity Value
StockIssuedDuringPeriodContingentConsiderationEquityValue
-1000 USD
CY2021Q3 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
USD
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
30410000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
93000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-51340000 USD
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
539100000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
-211730000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4738000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-19000 USD
us-gaap Net Income Loss
NetIncomeLoss
-72227000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
-279238000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
148741000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
496974000 USD
us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
4848000 USD
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
6527000 USD
lazr Stock Issued During Period Contingent Consideration Equity Value
StockIssuedDuringPeriodContingentConsiderationEquityValue
-1000 USD
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
0 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
46168000 USD
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
140000 USD
lazr Adjustments To Additional Paid In Capital Increase From Settlement Of Recapitalization Of Escrow
AdjustmentsToAdditionalPaidInCapitalIncreaseFromSettlementOfRecapitalizationOfEscrow
10000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
66000 USD
us-gaap Net Income Loss
NetIncomeLoss
-164093000 USD
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
539100000 USD
us-gaap Net Income Loss
NetIncomeLoss
-164093000 USD
us-gaap Net Income Loss
NetIncomeLoss
-72227000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2240000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1929000 USD
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
2682000 USD
lazr Fair Value Adjustment Of Warrants And Financial Instruments Subject To Mandatory Redemption
FairValueAdjustmentOfWarrantsAndFinancialInstrumentsSubjectToMandatoryRedemption
22649000 USD
lazr Fair Value Adjustment Of Warrants And Financial Instruments Subject To Mandatory Redemption
FairValueAdjustmentOfWarrantsAndFinancialInstrumentsSubjectToMandatoryRedemption
12562000 USD
lazr Payments To Vendors For Services Noncash Operating Activities
PaymentsToVendorsForServicesNoncashOperatingActivities
2744000 USD
lazr Payments To Vendors For Services Noncash Operating Activities
PaymentsToVendorsForServicesNoncashOperatingActivities
0 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1264000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
us-gaap Inventory Write Down
InventoryWriteDown
1601000 USD
us-gaap Inventory Write Down
InventoryWriteDown
4393000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-866000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
49887000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4710000 USD
us-gaap Product Warranty Expense
ProductWarrantyExpense
1239000 USD
us-gaap Product Warranty Expense
ProductWarrantyExpense
0 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-883000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-389000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-5748000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-723000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
6658000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3206000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
16971000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
3571000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
88000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-544000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
3330000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2462000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
5910000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
2885000 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-4095000 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-190000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-94256000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-47731000 USD
us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
358000 USD
us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
0 USD
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
530179000 USD
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
123403000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
306907000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
8465000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
83493000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
4448000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4155000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1963000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-143576000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-112453000 USD
us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
0 USD
us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
170000000 USD
lazr Payments For Temporary Equity Issuance Costs
PaymentsForTemporaryEquityIssuanceCosts
0 USD
lazr Payments For Temporary Equity Issuance Costs
PaymentsForTemporaryEquityIssuanceCosts
5662000 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
RepaymentsOfLongTermDebt
159000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
11206000 USD
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
153927000 USD
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
0 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
4738000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
50925000 USD
us-gaap Interest Paid Net
InterestPaidNet
53000 USD
us-gaap Interest Paid Net
InterestPaidNet
2013000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-345000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1238000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
158161000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
183804000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-79671000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
23620000 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
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
130048000 USD
lazr Conversion Of Warrants Amount Issued
ConversionOfWarrantsAmountIssued
338293000 USD
lazr Conversion Of Warrants Amount Issued
ConversionOfWarrantsAmountIssued
0 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2876000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
lazr Contract With Customer Liability Increase Due To Cash Received Billings In Excess Of Revenue
ContractWithCustomerLiabilityIncreaseDueToCashReceivedBillingsInExcessOfRevenue
579000 USD
lazr Assets Acquired On Capital Leases
AssetsAcquiredOnCapitalLeases
0 USD
lazr Assets Acquired On Capital Leases
AssetsAcquiredOnCapitalLeases
43000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
543000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
313000 USD
lazr Noncash Or Part Noncash Acquisition Transaction Expenses Incurred
NoncashOrPartNoncashAcquisitionTransactionExpensesIncurred
0 USD
lazr Noncash Or Part Noncash Acquisition Transaction Expenses Incurred
NoncashOrPartNoncashAcquisitionTransactionExpensesIncurred
3669000 USD
lazr Stock Issuance Costs Incurred During Noncash Or Part Noncash Transaction
StockIssuanceCostsIncurredDuringNoncashOrPartNoncashTransaction
0 USD
lazr Stock Issuance Costs Incurred During Noncash Or Part Noncash Transaction
StockIssuanceCostsIncurredDuringNoncashOrPartNoncashTransaction
227000 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”). </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.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> 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 and software for the autonomous vehicle industry, encompassing Laser Imaging, Detection and Ranging (lidar) technology. The Company manufactures and distributes commercial lidar sensors and certain components for the autonomous vehicle industry. The Company has facilities located in Palo Alto, California, Detroit, Michigan, Boston, Massachusetts, Colorado Springs, Colorado, Munich, Germany 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 $1.6 million and $0.6 million as of September 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 generally does not require collateral.</span></div>
CY2021Q3 us-gaap Intercompany Foreign Currency Balance Amount
IntercompanyForeignCurrencyBalanceAmount
1600000 USD
CY2020Q4 us-gaap Intercompany Foreign Currency Balance Amount
IntercompanyForeignCurrencyBalanceAmount
600000 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7978000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4223000 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7978000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4223000 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7978000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4223000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19600000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
11519000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19600000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
11519000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19600000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
11519000 USD
CY2021Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
11800000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0 USD
CY2021Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
600000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2300000 USD
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
2284000 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
225000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-2284000 USD
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-225000 USD
CY2021Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
75000 USD
CY2021Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
417990000 USD
CY2020 lazr Contract With Customer Liability Increase Due To Cash Received Billings In Excess Of Revenue
ContractWithCustomerLiabilityIncreaseDueToCashReceivedBillingsInExcessOfRevenue
2284000 USD
CY2021Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
579000 USD
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
2284000 USD
CY2021Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
417891000 USD
CY2021Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
174000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
409996000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
47000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
12000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
410031000 USD
CY2021Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
75000 USD
CY2021Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
84811000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
12000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
128502000 USD
CY2021Q3 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
44748000 USD
CY2020Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
0 USD
CY2021Q3 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
236000 USD
CY2020Q3 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
0 USD
us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
317000 USD
us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
0 USD
CY2021Q3 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
70000 USD
CY2021Q3 us-gaap Commercial Paper At Carrying Value
CommercialPaperAtCarryingValue
47194000 USD
CY2020Q4 us-gaap Commercial Paper At Carrying Value
CommercialPaperAtCarryingValue
108322000 USD
CY2020Q3 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
0 USD
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
45000 USD
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
0 USD
CY2021Q3 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
306000 USD
CY2020Q3 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
0 USD
us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
362000 USD
us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
0 USD
CY2021Q3 us-gaap Cash
Cash
17097000 USD
CY2020Q4 us-gaap Cash
Cash
10652000 USD
CY2021Q3 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
65032000 USD
CY2020Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
64971000 USD
CY2021Q3 us-gaap Us Government Securities At Carrying Value
USGovernmentSecuritiesAtCarryingValue
0 USD
CY2020Q4 us-gaap Us Government Securities At Carrying Value
USGovernmentSecuritiesAtCarryingValue
24999000 USD
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
129323000 USD
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
2936000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
208944000 USD
CY2021Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
4858000 USD
CY2020Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
625000 USD
CY2021Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
1672000 USD
CY2020Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
52000 USD
CY2021Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1341000 USD
CY2021Q3 us-gaap Inventory Net
InventoryNet
7871000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
3613000 USD
CY2021Q3 us-gaap Inventory Write Down
InventoryWriteDown
100000 USD
us-gaap Inventory Write Down
InventoryWriteDown
1600000 USD
CY2020Q3 us-gaap Inventory Write Down
InventoryWriteDown
1900000 USD
us-gaap Inventory Write Down
InventoryWriteDown
4400000 USD
CY2021Q3 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
4723000 USD
CY2020Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
1073000 USD
CY2021Q3 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
11788000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
0 USD
CY2021Q3 us-gaap Supplies
Supplies
3443000 USD
CY2020Q4 us-gaap Supplies
Supplies
961000 USD
CY2021Q3 us-gaap Prepaid Rent
PrepaidRent
3929000 USD
CY2020Q4 us-gaap Prepaid Rent
PrepaidRent
2763000 USD
CY2021Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
23883000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
4797000 USD
CY2021Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
20720000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
13540000 USD
CY2021Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
9592000 USD
CY2021Q3 us-gaap Depreciation
Depreciation
700000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5851000 USD
CY2021Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
11128000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7689000 USD
CY2021Q3 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
926000 USD
CY2020Q4 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
926000 USD
CY2021Q3 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
321000 USD
CY2020Q4 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation
219000 USD
CY2021Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
605000 USD
CY2020Q4 us-gaap Capital Leases Balance Sheet Assets By Major Class Net
CapitalLeasesBalanceSheetAssetsByMajorClassNet
707000 USD
us-gaap Depreciation
Depreciation
2100000 USD
CY2020Q3 us-gaap Depreciation
Depreciation
700000 USD
us-gaap Depreciation
Depreciation
1900000 USD
CY2021Q3 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
1101000 USD
CY2020Q4 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
1106000 USD
CY2021Q3 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
1435000 USD
CY2020Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
45000 USD
CY2021Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2536000 USD
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1151000 USD
CY2021Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
6152000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3998000 USD
CY2021Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
1721000 USD
CY2020Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
259000 USD
CY2021Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
579000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2284000 USD
CY2021Q3 lazr Accrued Salaries And Employee Benefits Current
AccruedSalariesAndEmployeeBenefitsCurrent
7045000 USD
CY2020Q4 lazr Accrued Salaries And Employee Benefits Current
AccruedSalariesAndEmployeeBenefitsCurrent
3071000 USD
CY2020Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
161000 USD
CY2021Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
911000 USD
CY2021Q3 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss Current
ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrent
9000 USD
CY2020Q4 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss Current
ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrent
558000 USD
CY2021Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
257000 USD
CY2020Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
282000 USD
CY2021Q3 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
2788000 USD
CY2020Q4 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
0 USD
CY2021Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
18551000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
10452000 USD
CY2021Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
0 USD
CY2020Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
826000 USD
CY2021Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
145000 USD
CY2020Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
331000 USD
CY2021Q3 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
766000 USD
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1318000 USD
CY2021Q3 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-17100000 USD
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
22600000 USD
lazr Vendor Payments In Stock In Lieu Of Cash Shares
VendorPaymentsInStockInLieuOfCashShares
291940 shares
CY2021Q3 lazr Vendor Payments In Stock In Lieu Of Cash Shares
VendorPaymentsInStockInLieuOfCashShares
291940 shares
CY2021Q3 lazr Vendor Payments In Stock In Lieu Of Cash Liability
VendorPaymentsInStockInLieuOfCashLiability
0 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-51340000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-31211000 USD
us-gaap Net Income Loss
NetIncomeLoss
-164093000 USD
us-gaap Net Income Loss
NetIncomeLoss
-72227000 USD
CY2021Q3 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
0 USD
CY2020Q3 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
6247000 USD
us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
0 USD
us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
6247000 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-51340000 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-51340000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-37458000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-37458000 USD
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.48
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-164093000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-164093000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-78474000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-78474000 USD
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
352122485 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
130601660 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
341858435 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
129643774 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
352122485 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
130601660 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
341858435 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
129643774 shares
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.15
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.15
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.29
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.29
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.48
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4710000 USD
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1300000 USD
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.61
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
39439298 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
16188071 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.67
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
2822956 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
1.68
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
665011 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
1.67
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
12700104 shares
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.71
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P8Y3M29D
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
176413000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
55100000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
4500000 USD
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
33520000 USD
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1297000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
49887000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1300000 USD
CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-1300000 USD
CY2021Q3 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P65M
CY2021Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
1202000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
3560000 USD
CY2021Q3 us-gaap Variable Lease Cost
VariableLeaseCost
420000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
1324000 USD
CY2021Q3 lazr Operating And Variable Lease Cost
OperatingAndVariableLeaseCost
1622000 USD
lazr Operating And Variable Lease Cost
OperatingAndVariableLeaseCost
4884000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2876000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 USD
CY2021Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
42000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
126000 USD
CY2021Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
14000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
42000 USD
CY2021Q3 lazr Finance Lease Cost
FinanceLeaseCost
56000 USD
lazr Finance Lease Cost
FinanceLeaseCost
168000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
3723000 USD
lazr Finance Lease Principal Payments And Interest Payment On Liability
FinanceLeasePrincipalPaymentsAndInterestPaymentOnLiability
258000 USD
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
10165000 USD
CY2021Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4927000 USD
CY2021Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
6639000 USD
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
11566000 USD
CY2021Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0276
CY2021Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y10D
CY2021Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0992
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1286000 USD
CY2021Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
78000 USD
CY2021Q3 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
926000 USD
CY2021Q3 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
321000 USD
CY2021Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
605000 USD
CY2021Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
257000 USD
CY2021Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
145000 USD
CY2021Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
402000 USD
CY2021Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y1M17D
CY2021Q3 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0 USD
CY2021Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
41000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
4963000 USD
CY2021Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
240000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
3515000 USD
CY2021Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
71000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1283000 USD
CY2021Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
28000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1205000 USD
CY2021Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
26000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
602000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
12854000 USD
CY2021Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
443000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1288000 USD
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
11566000 USD
CY2021Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
402000 USD
CY2020Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1300000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
5834000 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
240000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
6172000 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
70000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
4200000 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
331000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
4544000 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
28000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
746000 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
25000 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7978000 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7978000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
0 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
0 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
0 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
694000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
17296000 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
80000 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
614000 USD
CY2021Q3 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
54100000 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7978000 USD
CY2021Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
908000 USD
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-70145000 USD
CY2021Q3 us-gaap Assets
Assets
607806000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19600000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19600000 USD
CY2021Q3 us-gaap Inventory Net
InventoryNet
7871000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4223000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4223000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4223000 USD
CY2020Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
688000 USD
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-21796000 USD
CY2020Q3 us-gaap Assets
Assets
191453000 USD
CY2020Q3 us-gaap Inventory Net
InventoryNet
2921000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19600000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2240000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-143590000 USD
CY2021Q3 us-gaap Assets
Assets
607806000 USD
CY2021Q3 us-gaap Inventory Net
InventoryNet
7871000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
11519000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
11519000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
11519000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1929000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-56481000 USD
CY2020Q3 us-gaap Assets
Assets
191453000 USD
CY2020Q3 us-gaap Inventory Net
InventoryNet
2921000 USD

Files In Submission

Name View Source Status
0001628280-21-023285-index-headers.html Edgar Link pending
0001628280-21-023285-index.html Edgar Link pending
0001628280-21-023285.txt Edgar Link pending
0001628280-21-023285-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
image_0a.jpg Edgar Link pending
lazr-20210930.htm Edgar Link pending
lazr-20210930.xsd Edgar Link pending
lazr-20210930_cal.xml Edgar Link unprocessable
lazr-20210930_def.xml Edgar Link unprocessable
lazr-20210930_htm.xml Edgar Link completed
lazr-20210930_lab.xml Edgar Link unprocessable
lazr-20210930_pre.xml Edgar Link unprocessable
luminar_prescottxemploymen.htm Edgar Link pending
MetaLinks.json Edgar Link pending
q3-2021exhibit311.htm Edgar Link pending
q3-2021exhibit312.htm Edgar Link pending
q3-2021exhibit321.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending