2023 Q2 Form 10-Q Financial Statement

#000155837023009879 Filed on May 15, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1
Revenue $308.0K $0.00
YoY Change
Cost Of Revenue $248.7K $0.00
YoY Change
Gross Profit $59.33K $0.00
YoY Change
Gross Profit Margin 19.26%
Selling, General & Admin $29.18M $43.60M
YoY Change 175.62% 50.5%
% of Gross Profit 49188.72%
Research & Development $22.09M $20.48M
YoY Change 201.57% 1630.47%
% of Gross Profit 37228.45%
Depreciation & Amortization $1.681M $2.948M
YoY Change 1840.69% 3531.78%
% of Gross Profit 2832.57%
Operating Expenses $53.87M $67.89M
YoY Change 195.62% 122.94%
Operating Profit -$53.81M -$67.89M
YoY Change 195.3% 122.94%
Interest Expense -$258.2M -$50.33M
YoY Change 4729.04% 2273.36%
% of Operating Profit
Other Income/Expense, Net $826.4K $482.4K
YoY Change -106.71% -100.16%
Pretax Income -$311.0M -$117.4M
YoY Change 422.89% 260.39%
Income Tax $456.2K -$482.9K
% Of Pretax Income
Net Earnings -$308.9M -$114.9M
YoY Change 419.34% 252.78%
Net Earnings / Revenue -100278.65%
Basic Earnings Per Share -$11.14 -$1.30
Diluted Earnings Per Share -$11.14 -$1.30
COMMON SHARES
Basic Shares Outstanding 172.5M 1.697B
Diluted Shares Outstanding 27.72M 82.41M

Balance Sheet

Concept 2023 Q2 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $214.0M $60.34M
YoY Change 251.22% -7.39%
Cash & Equivalents $214.0M $60.34M
Short-Term Investments
Other Short-Term Assets $28.57M $31.64M
YoY Change 3791.74% 61274.26%
Inventory $12.15M $6.958M
Prepaid Expenses
Receivables $308.0K
Other Receivables $0.00
Total Short-Term Assets $255.0M $98.94M
YoY Change 304.26% 18.05%
LONG-TERM ASSETS
Property, Plant & Equipment $91.75M $89.64M
YoY Change 582.51% 586.7%
Goodwill $92.83M $92.83M
YoY Change
Intangibles $112.0M $112.7M
YoY Change 5033.82% 4810.44%
Long-Term Investments
YoY Change
Other Assets $1.011M $1.167M
YoY Change -72.02% -70.67%
Total Long-Term Assets $304.9M $303.8M
YoY Change 1339.97% 1319.96%
TOTAL ASSETS
Total Short-Term Assets $255.0M $98.94M
Total Long-Term Assets $304.9M $303.8M
Total Assets $560.0M $402.7M
YoY Change 564.54% 282.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.41M $14.83M
YoY Change 303.45% 255.28%
Accrued Expenses $8.385M $6.212M
YoY Change -39.72% -71.24%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $7.306M $7.589M
YoY Change 100.4% -54.99%
Total Short-Term Liabilities $190.0M $121.5M
YoY Change 224.67% 180.61%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change -100.0% -100.0%
Other Long-Term Liabilities $3.710M $4.164M
YoY Change 177.97% -25.88%
Total Long-Term Liabilities $3.710M $4.164M
YoY Change -29.43% -61.61%
TOTAL LIABILITIES
Total Short-Term Liabilities $190.0M $121.5M
Total Long-Term Liabilities $3.710M $4.164M
Total Liabilities $208.1M $139.6M
YoY Change 219.67% 150.85%
SHAREHOLDERS EQUITY
Retained Earnings -$1.690B -$1.381B
YoY Change 505.94% 529.49%
Common Stock $86.76K
YoY Change -82.6%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $260.3M $169.1M
YoY Change
Total Liabilities & Shareholders Equity $560.0M $402.7M
YoY Change 564.54% 282.81%

Cashflow Statement

Concept 2023 Q2 2023 Q1
OPERATING ACTIVITIES
Net Income -$308.9M -$114.9M
YoY Change 419.34% 252.78%
Depreciation, Depletion And Amortization $1.681M $2.948M
YoY Change 1840.69% 3531.78%
Cash From Operating Activities -$46.06M -$34.34M
YoY Change 151.03% 238.02%
INVESTING ACTIVITIES
Capital Expenditures $10.03M $3.702M
YoY Change -1972.08% -1443.9%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$10.03M -$3.702M
YoY Change 1772.08% 1243.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 196.8M 17.36M
YoY Change 1237.34% -77.05%
NET CHANGE
Cash From Operating Activities -46.06M -34.34M
Cash From Investing Activities -10.03M -3.702M
Cash From Financing Activities 196.8M 17.36M
Net Change In Cash 140.7M -20.68M
YoY Change -3473.24% -131.71%
FREE CASH FLOW
Cash From Operating Activities -$46.06M -$34.34M
Capital Expenditures $10.03M $3.702M
Free Cash Flow -$56.09M -$38.04M
YoY Change 214.88% 284.9%

Facts In Submission

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CY2022Q4 us-gaap Adjustments To Additional Paid In Capital Other
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CY2022Q4 muln Stock Issued During Period Value Notes Payable Settlement
StockIssuedDuringPeriodValueNotesPayableSettlement
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CY2022Q4 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
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CY2022Q4 muln Adjustments To Additional Paid In Capital Preferred Shares Issued To Officers
AdjustmentsToAdditionalPaidInCapitalPreferredSharesIssuedToOfficers
25000
CY2022Q4 muln Non Controlling Interest Income From Asset Acquisition
NonControllingInterestIncomeFromAssetAcquisition
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CY2022Q4 muln Net Income Attributable To Variance With Income Statement
NetIncomeAttributableToVarianceWithIncomeStatement
-376275786
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2023Q1 muln Stock Issued During Period Value Cashless Warrant Exercise
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CY2023Q1 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
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CY2023Q1 muln Stock Issued During Period Conversion Of Common Stock Into Preferred Stock Value
StockIssuedDuringPeriodConversionOfCommonStockIntoPreferredStockValue
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CY2023Q1 muln Adjustments To Additional Paid In Capital Reclassification Of Derivatives To Equity
AdjustmentsToAdditionalPaidInCapitalReclassificationOfDerivativesToEquity
47818881
CY2023Q1 muln Stock Refunded During Period Value
StockRefundedDuringPeriodValue
25000
CY2023Q1 muln Adjustments To Additional Paid In Capital Preferred Stock Dividends Waived
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8039612
CY2023Q1 muln Non Controlling Interest Income From Asset Acquisition
NonControllingInterestIncomeFromAssetAcquisition
1995217
CY2023Q1 muln Net Income Attributable To Variance With Income Statement
NetIncomeAttributableToVarianceWithIncomeStatement
-114913318
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2021Q4 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
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CY2021Q4 us-gaap Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
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CY2021Q4 muln Stock Issued During Period Preferred Shares Value New Issues
StockIssuedDuringPeriodPreferredSharesValueNewIssues
20000000
CY2021Q4 muln Preferred Stock Issued During Period Value Liability Settlement
PreferredStockIssuedDuringPeriodValueLiabilitySettlement
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CY2021Q4 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
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CY2021Q4 muln Preferred Stock Issued During Period Value Conversion Of Debt
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CY2021Q4 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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CY2021Q4 muln Common Stock Issued During Period Value Liability Settlement
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CY2021Q4 muln Adjustments To Additional Paid In Capital Prefunded Warrant Issued
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CY2021Q4 muln Net Income Attributable To Variance With Income Statement
NetIncomeAttributableToVarianceWithIncomeStatement
-36463938
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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-10491470
CY2022Q1 muln Stock Issued During Period Value Cashless Warrant Exercise
StockIssuedDuringPeriodValueCashlessWarrantExercise
0
CY2022Q1 muln Stock Issued During Period Preferred Shares Value New Issues
StockIssuedDuringPeriodPreferredSharesValueNewIssues
73599455
CY2022Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
21542016
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
2519948
CY2022Q1 muln Net Income Attributable To Variance With Income Statement
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-32573385
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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us-gaap Profit Loss
ProfitLoss
-495369280
us-gaap Profit Loss
ProfitLoss
-480670029
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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us-gaap Share Based Compensation
ShareBasedCompensation
47697024
us-gaap Share Based Compensation
ShareBasedCompensation
3292987
muln Issue Of Warrants To Suppliers
IssueOfWarrantsToSuppliers
6814000
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
12606343
us-gaap Issuance Of Stock And Warrants For Services Or Claims
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muln Revaluation Of Derivative Liabilities
RevaluationOfDerivativeLiabilities
89221391
muln Revaluation Of Derivative Liabilities
RevaluationOfDerivativeLiabilities
142288528
muln Other Financing Cost On Initial Recognition Of Derivative Liabilities
OtherFinancingCostOnInitialRecognitionOfDerivativeLiabilities
255960025
muln Other Financing Cost On Initial Recognition Of Derivative Liabilities
OtherFinancingCostOnInitialRecognitionOfDerivativeLiabilities
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us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1713103
muln Non Cash Lease Expense
NonCashLeaseExpense
-916592
muln Non Cash Lease Expense
NonCashLeaseExpense
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us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
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us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-1298
muln Gain Loss On Extinguishment Of Debt And Incentive Fee Expense
GainLossOnExtinguishmentOfDebtAndIncentiveFeeExpense
-6452170
muln Gain Loss On Extinguishment Of Debt And Incentive Fee Expense
GainLossOnExtinguishmentOfDebtAndIncentiveFeeExpense
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muln Gains Losses On Settlement Of Debt
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us-gaap Increase Decrease In Other Current Assets
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us-gaap Increase Decrease In Other Current Assets
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us-gaap Increase Decrease In Other Noncurrent Assets
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-636633
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
858692
us-gaap Increase Decrease In Accounts Payable Trade
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8429257
us-gaap Increase Decrease In Accounts Payable Trade
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us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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2672040
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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us-gaap Increase Decrease In Income Taxes
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-901999
muln Increase Decrease In Right Of Use Assets
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us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
1220074
us-gaap Increase Decrease In Operating Lease Liability
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-283141
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-67567385
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-24871780
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4298563
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10491547
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
204660
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
246132
us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
92916874
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-97420097
CY2023Q1 muln Restricted Cash Refundable Deposit Reservation Amount
RestrictedCashRefundableDepositReservationAmount
409672
CY2022Q3 muln Refundable Deposits
RefundableDeposits
289000000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-10737679
muln Payments For Proceeds From Capital Distribution
PaymentsForProceedsFromCapitalDistribution
223067
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
150000000
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
12142791
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
40151308
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
63925000
muln Payments For Reimbursement Of Over Issuance Of Shares
PaymentsForReimbursementOfOverIssuanceOfShares
-17819660
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
460000
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
15146860
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
167359660
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
100849172
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2372178
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
65239713
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
84375085
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
42174
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
86747263
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
65281887
us-gaap Interest Paid Net
InterestPaidNet
5028
us-gaap Interest Paid Net
InterestPaidNet
1489908
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
800
us-gaap Stock Issued1
StockIssued1
24991755
muln Convertible Notes Conversion To Stock
ConvertibleNotesConversionToStock
153222236
muln Convertible Notes Conversion To Stock
ConvertibleNotesConversionToStock
23192500
muln Exercise Of Warrants Recognized Earlier As Liabilities
ExerciseOfWarrantsRecognizedEarlierAsLiabilities
268713397
muln Reclassification Of Derivatives To Equity
ReclassificationOfDerivativesToEquity
47818882
muln Dividends Waived
DividendsWaived
6872075
muln Warrants Issued To Suppliers
WarrantsIssuedToSuppliers
6814000
muln Stock Issued To Extinguish Liability To Issue Stock
StockIssuedToExtinguishLiabilityToIssueStock
10500712
muln Extinguishment Of Financial Liabilities By Sale Of Property
ExtinguishmentOfFinancialLiabilitiesBySaleOfProperty
231958
muln Extinguishment Of Operational Liabilities By Sale Of Property
ExtinguishmentOfOperationalLiabilitiesBySaleOfProperty
767626
us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
1096787
muln Stock Issued During Period Fractional Shares Stock Splits
StockIssuedDuringPeriodFractionalSharesStockSplits
0
CY2022Q4 muln Stockholders Equity Note Reverse Stock Split Transaction
StockholdersEquityNoteReverseStockSplitTransaction
800129
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
86700000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
67600000
CY2023Q1 muln Working Capital Deficit
WorkingCapitalDeficit
22500000
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 0pt;"><span style="text-decoration-line:none;">Use of Estimates</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">The preparation of our financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the dates of the carve-out financial statements and the reported amounts of total expenses in the reporting periods. Estimates are used for, but not limited to, fair value of long-lived assets, fair value of financial instruments, depreciable lives of property and equipment, income taxes, contingencies, and inputs used to value stock-based compensation, valuation of common and preferred stock and warrants.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">Additionally, the rates of interest on several debt agreements have been imputed where there was no stated interest rate within the original agreement. The imputed interest results in adjustments to the debt amounts reported in our condensed consolidated financial statements prepared under U.S. GAAP. Loan valuations issues can arise when trying to determine the debt attributes, such as discount rate, credit loss factors, liquidity discounts, and pricing.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">Management bases its estimates on historical experience and on various other assumptions believed to be reasonable, the results of which form the basis for adjustments about the carrying values of assets and liabilities and the recording of costs and expenses that are not readily apparent from other sources. The actual results may differ materially from these estimates.</p>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 0pt;"><span style="text-decoration-line:none;">Reclassification from Other Noncurrent Assets to Property, Equipment and Leasehold Improvements, net</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">Certain prior period amounts related to Show Room Assets in the condensed consolidated financial statements and notes thereto have been reclassified to conform to the current period presentation. These reclassifications had no impact on previously reported net income or shareholders' equity. In the Condensed Consolidated Balance Sheet as of September 30, 2022, $2,982,986, the net Show Room asset ($4,418,724 Show Room and $1,435,738 of accumulated depreciation) previously reported under Other Noncurrent Assets, has been reclassified to Property, Equipment and Leasehold </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">Improvements, net. This reclassification is reflected in all periods presented and all comparative references in the notes to the consolidated financial statements are to the reclassified amounts (See Note 13 and Note 14).</p>
CY2023Q1 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0
CY2022Q3 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0
CY2023Q1 us-gaap Restricted Cash Current
RestrictedCashCurrent
26409672
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 0pt;"><span style="text-decoration-line:none;">Concentrations of Business and Credit Risk</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">We maintain cash balances in several financial institutions that are insured by either the Federal Deposit Insurance Corporation or the National Credit Union Association up to certain federal limitations, generally $250,000. At times, our cash balance may exceed these federal limitations and maintains significant cash on hand at certain of its locations. However, we have not experienced any losses in such accounts and management believes we are not exposed to any significant credit risk on these accounts. The amounts in excess of insured limits as of March 31, 2023 and September 30, 2022 are $59.6 million and $53.3 million, respectively.</p>
CY2023Q1 us-gaap Time Deposit Liability Above Us Insurance Limit
TimeDepositLiabilityAboveUsInsuranceLimit
59600000
CY2022Q3 us-gaap Time Deposit Liability Above Us Insurance Limit
TimeDepositLiabilityAboveUsInsuranceLimit
53300000
CY2023Q1 us-gaap Goodwill
Goodwill
92834832
CY2022Q3 us-gaap Goodwill
Goodwill
92834832
muln Intangible Asset Useful Life
IntangibleAssetUsefulLife
P3Y
CY2023Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
118031831
CY2023Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
5287335
CY2023Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
112744496
CY2022Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
95714379
CY2022Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1767361
CY2022Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
93947018
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
3250538
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
6270078
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
5604980
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
5604980
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
5595580
CY2023Q1 muln Finite Lived Intangible Assets Amortization Expense After Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour
27443054
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
53769210
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
763269
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3519973
CY2022Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
221699
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
445376
CY2023Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
574248
CY2023Q1 us-gaap Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
574248
CY2023Q1 us-gaap Long Term Debt
LongTermDebt
7588513
CY2023Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
7588513
CY2022Q3 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
932235
CY2022Q3 us-gaap Debt Instrument Unamortized Discount Noncurrent
DebtInstrumentUnamortizedDiscountNoncurrent
932235
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
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CY2022Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
3856497
CY2022Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
5164552
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
3162761
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
4425752
CY2023Q1 us-gaap Long Term Debt
LongTermDebt
7588513
CY2022Q4 muln Warrant Exercised Cash Less
WarrantExercisedCashLess
9163951
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1750000000
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
5000000000
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
5000000000
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
126281274
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
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us-gaap Common Stock Voting Rights
CommonStockVotingRights
one
us-gaap Dividends Common Stock
DividendsCommonStock
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CY2023Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000000
CY2023Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
muln Minimum Term Of Shares Issued And Outstanding
MinimumTermOfSharesIssuedAndOutstanding
P1Y
CY2023Q1 muln Preferred Stock Redemption Number Of Trading Days
PreferredStockRedemptionNumberOfTradingDays
20
CY2023Q1 muln Preferred Stock Redemption Number Of Consecutive Trading Days
PreferredStockRedemptionNumberOfConsecutiveTradingDays
30
muln Number Of Vote Per Share
NumberOfVotePerShare
1000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-114913318
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-324608480
us-gaap Net Income Loss
NetIncomeLoss
-491189104
us-gaap Net Income Loss
NetIncomeLoss
-480670029
CY2023Q1 muln Preferred Stock Dividends And Ajustments Income Statement Impact
PreferredStockDividendsAndAjustmentsIncomeStatementImpact
-8039612
CY2022Q1 muln Preferred Stock Dividends And Ajustments Income Statement Impact
PreferredStockDividendsAndAjustmentsIncomeStatementImpact
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muln Preferred Stock Dividends And Ajustments Income Statement Impact
PreferredStockDividendsAndAjustmentsIncomeStatementImpact
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muln Employee Benefits
EmployeeBenefits
1618690
muln Preferred Stock Dividends And Ajustments Income Statement Impact
PreferredStockDividendsAndAjustmentsIncomeStatementImpact
32735345
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-106873706
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-357343825
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-483788169
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-513405374
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.30
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-173.83
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-7.09
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-370.53
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
82409028
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2055720
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
68262145
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1385594
CY2023Q1 muln Share Based Payment Arrangement Expense For Share Issuance
ShareBasedPaymentArrangementExpenseForShareIssuance
11320052
CY2022Q1 muln Share Based Payment Arrangement Expense For Share Issuance
ShareBasedPaymentArrangementExpenseForShareIssuance
1688694
muln Share Based Payment Arrangement Expense For Share Issuance
ShareBasedPaymentArrangementExpenseForShareIssuance
47697024
muln Share Based Payment Arrangement Expense For Share Issuance
ShareBasedPaymentArrangementExpenseForShareIssuance
3292987
CY2023Q1 muln Share Based Payment Arrangement Expense For Shares For Services
ShareBasedPaymentArrangementExpenseForSharesForServices
8229905
CY2022Q1 muln Share Based Payment Arrangement Expense For Shares For Services
ShareBasedPaymentArrangementExpenseForSharesForServices
21546573
muln Share Based Payment Arrangement Expense For Shares For Services
ShareBasedPaymentArrangementExpenseForSharesForServices
12606343
muln Share Based Payment Arrangement Expense For Shares For Services
ShareBasedPaymentArrangementExpenseForSharesForServices
24042060
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
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