2024 Q4 Form 10-Q Financial Statement
#000176068924000046 Filed on November 12, 2024
Income Statement
Concept | 2024 Q4 | 2024 Q3 |
---|---|---|
Revenue | $101.4M | |
YoY Change | 26.55% | |
Cost Of Revenue | $67.78M | |
YoY Change | 8.91% | |
Gross Profit | $33.61M | |
YoY Change | 87.94% | |
Gross Profit Margin | 33.15% | |
Selling, General & Admin | $16.80M | |
YoY Change | -46.54% | |
% of Gross Profit | 49.99% | |
Research & Development | $10.69M | |
YoY Change | -19.25% | |
% of Gross Profit | 31.81% | |
Depreciation & Amortization | $7.724M | |
YoY Change | 53.38% | |
% of Gross Profit | 22.98% | |
Operating Expenses | $27.51M | |
YoY Change | -38.43% | |
Operating Profit | $7.186M | |
YoY Change | -127.27% | |
Interest Expense | -$4.104M | |
YoY Change | -935.85% | |
% of Operating Profit | -57.11% | |
Other Income/Expense, Net | $7.399M | |
YoY Change | 5725.98% | |
Pretax Income | $13.25M | |
YoY Change | -150.62% | |
Income Tax | $0.00 | |
% Of Pretax Income | 0.0% | |
Net Earnings | $13.25M | |
YoY Change | -150.7% | |
Net Earnings / Revenue | 13.07% | |
Basic Earnings Per Share | $0.04 | |
Diluted Earnings Per Share | $0.03 | |
COMMON SHARES | ||
Basic Shares Outstanding | 323.8M shares | 323.8M shares |
Diluted Shares Outstanding | 367.0M shares |
Balance Sheet
Concept | 2024 Q4 | 2024 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $63.59M | |
YoY Change | -31.55% | |
Cash & Equivalents | $63.59M | |
Short-Term Investments | $0.00 | |
Other Short-Term Assets | $83.74M | |
YoY Change | 75.77% | |
Inventory | $157.8M | |
Prepaid Expenses | ||
Receivables | $121.5M | |
Other Receivables | $0.00 | |
Total Short-Term Assets | $437.6M | |
YoY Change | 8.33% | |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $527.2M | |
YoY Change | -4.07% | |
Goodwill | ||
YoY Change | ||
Intangibles | $2.788M | |
YoY Change | -13.15% | |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $11.09M | |
YoY Change | -61.14% | |
Total Long-Term Assets | $583.4M | |
YoY Change | -4.77% | |
TOTAL ASSETS | ||
Total Short-Term Assets | $437.6M | |
Total Long-Term Assets | $583.4M | |
Total Assets | $1.021B | |
YoY Change | 0.44% | |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $65.59M | |
YoY Change | -31.17% | |
Accrued Expenses | $23.36M | |
YoY Change | 128.5% | |
Deferred Revenue | $42.95M | |
YoY Change | -21.17% | |
Short-Term Debt | $66.18M | |
YoY Change | 166.65% | |
Long-Term Debt Due | $66.18M | |
YoY Change | ||
Total Short-Term Liabilities | $335.9M | |
YoY Change | -0.15% | |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $121.0M | |
YoY Change | 61.89% | |
Other Long-Term Liabilities | $38.49M | |
YoY Change | 84.88% | |
Total Long-Term Liabilities | $38.49M | |
YoY Change | 84.88% | |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $335.9M | |
Total Long-Term Liabilities | $38.49M | |
Total Liabilities | $511.8M | |
YoY Change | 13.93% | |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$987.5M | |
YoY Change | 13.12% | |
Common Stock | $33.00K | |
YoY Change | 3.13% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $509.2M | |
YoY Change | ||
Total Liabilities & Shareholders Equity | $1.021B | |
YoY Change | 0.44% |
Cashflow Statement
Concept | 2024 Q4 | 2024 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $13.25M | |
YoY Change | -150.7% | |
Depreciation, Depletion And Amortization | $7.724M | |
YoY Change | 53.38% | |
Cash From Operating Activities | -$5.429M | |
YoY Change | -81.5% | |
INVESTING ACTIVITIES | ||
Capital Expenditures | $14.18M | |
YoY Change | -76.34% | |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $9.650M | |
YoY Change | 4208.04% | |
Cash From Investing Activities | -$4.530M | |
YoY Change | -92.41% | |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 18.15M | |
YoY Change | 164.42% | |
NET CHANGE | ||
Cash From Operating Activities | -$5.429M | |
Cash From Investing Activities | -4.530M | |
Cash From Financing Activities | 18.15M | |
Net Change In Cash | -$5.429M | |
YoY Change | -93.4% | |
FREE CASH FLOW | ||
Cash From Operating Activities | -$5.429M | |
Capital Expenditures | $14.18M | |
Free Cash Flow | -$19.61M | |
YoY Change | -78.04% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2024Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
10692000 | usd |
CY2023Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
13241000 | usd |
CY2024Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
4963000 | usd |
CY2023Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
6031000 | usd |
us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
31824000 | usd | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
25000000 | usd | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
0 | usd | |
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2024 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2024-09-30 | ||
dei |
Document Transition Report
DocumentTransitionReport
|
false | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Stafford | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
TX | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
77477 | ||
dei |
City Area Code
CityAreaCode
|
(281) | ||
dei |
Local Phone Number
LocalPhoneNumber
|
491-9505 | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | ||
dei |
Entity Small Business
EntitySmallBusiness
|
false | ||
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
true | ||
dei |
Entity Ex Transition Period
EntityExTransitionPeriod
|
false | ||
dei |
Entity Shell Company
EntityShellCompany
|
false | ||
CY2024Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
323815298 | shares |
CY2024Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
63585000 | usd |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
44541000 | usd |
CY2024Q3 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
40361000 | usd |
CY2023Q4 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
37477000 | usd |
CY2024Q3 | us-gaap |
Short Term Investments
ShortTermInvestments
|
0 | usd |
CY2023Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
5634000 | usd |
CY2024Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
3832000 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
4571000 | usd |
CY2024Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
121539000 | usd |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
188382000 | usd | |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
167839000 | usd | |
CY2024Q3 | us-gaap |
Gross Profit
GrossProfit
|
33612000 | usd |
CY2023Q3 | us-gaap |
Gross Profit
GrossProfit
|
17884000 | usd |
us-gaap |
Gross Profit
GrossProfit
|
78032000 | usd | |
us-gaap |
Gross Profit
GrossProfit
|
34203000 | usd | |
CY2024Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
11841000 | usd |
CY2023Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
24980000 | usd |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
59146000 | usd | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
68874000 | usd | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
32291000 | usd | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
33609000 | usd | |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
15580000 | usd | |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
16916000 | usd | |
CY2024Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.04 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.28 | ||
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
313108457 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
317153113 | shares | |
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
12603 Southwest Freeway | ||
CY2024Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
509203000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
564190000 | usd |
CY2024Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1021000000 | usd |
CY2023Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1096732000 | usd |
CY2024Q3 | us-gaap |
Revenues
Revenues
|
101388000 | usd |
CY2023Q3 | us-gaap |
Revenues
Revenues
|
80116000 | usd |
us-gaap |
Revenues
Revenues
|
266414000 | usd | |
CY2024Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
67776000 | usd |
CY2023Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
62232000 | usd |
CY2024Q3 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
65000 | usd |
CY2024Q3 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
29911000 | usd |
CY2024Q3 | mvst |
Repayments Of Principal
RepaymentsOfPrincipal
|
8375000 | usd |
CY2024Q3 | mvst |
Exchange Difference
ExchangeDifference
|
3801000 | usd |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
|
2093000 | usd | |
CY2024Q3 | mvst |
Share Based Compensation Cost Of Sales
ShareBasedCompensationCostOfSales
|
771000 | usd |
CY2023Q3 | mvst |
Share Based Compensation Cost Of Sales
ShareBasedCompensationCostOfSales
|
1530000 | usd |
mvst |
Share Based Compensation Cost Of Sales
ShareBasedCompensationCostOfSales
|
3390000 | usd | |
mvst |
Share Based Compensation Cost Of Sales
ShareBasedCompensationCostOfSales
|
4559000 | usd | |
CY2024Q3 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
3392000 | usd |
CY2023Q3 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
10444000 | usd |
us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
19192000 | usd | |
us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
35031000 | usd | |
CY2024Q3 | us-gaap |
Other Research And Development Expense
OtherResearchAndDevelopmentExpense
|
1604000 | usd |
CY2023Q3 | us-gaap |
Other Research And Development Expense
OtherResearchAndDevelopmentExpense
|
2953000 | usd |
us-gaap |
Other Research And Development Expense
OtherResearchAndDevelopmentExpense
|
5902000 | usd | |
us-gaap |
Other Research And Development Expense
OtherResearchAndDevelopmentExpense
|
8660000 | usd | |
CY2024Q3 | us-gaap |
Other Selling And Marketing Expense
OtherSellingAndMarketingExpense
|
534000 | usd |
CY2023Q3 | us-gaap |
Other Selling And Marketing Expense
OtherSellingAndMarketingExpense
|
935000 | usd |
us-gaap |
Other Selling And Marketing Expense
OtherSellingAndMarketingExpense
|
1805000 | usd | |
us-gaap |
Other Selling And Marketing Expense
OtherSellingAndMarketingExpense
|
3391000 | usd | |
CY2024Q3 | mvst |
Share Based Compensation Construction In Process
ShareBasedCompensationConstructionInProcess
|
8000 | usd |
CY2023Q3 | mvst |
Share Based Compensation Construction In Process
ShareBasedCompensationConstructionInProcess
|
140000 | usd |
mvst |
Share Based Compensation Construction In Process
ShareBasedCompensationConstructionInProcess
|
22000 | usd | |
mvst |
Share Based Compensation Construction In Process
ShareBasedCompensationConstructionInProcess
|
429000 | usd | |
CY2024Q3 | mvst |
Stock Based Compensation Total
StockBasedCompensationTotal
|
6309000 | usd |
CY2023Q3 | mvst |
Stock Based Compensation Total
StockBasedCompensationTotal
|
16002000 | usd |
mvst |
Stock Based Compensation Total
StockBasedCompensationTotal
|
30311000 | usd | |
mvst |
Stock Based Compensation Total
StockBasedCompensationTotal
|
52070000 | usd | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.26 | ||
CY2024Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.03 | |
us-gaap |
Profit Loss
ProfitLoss
|
-81821000 | usd | |
mvst |
Increase Decrease In Notes Payable
IncreaseDecreaseInNotesPayable
|
-7490000 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-197000 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
515000 | usd | |
us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
-1374000 | usd | |
CY2023Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
138717000 | usd |
CY2024Q3 | mvst |
Note Receivables Net Current
NoteReceivablesNetCurrent
|
10937000 | usd |
CY2023Q4 | mvst |
Note Receivables Net Current
NoteReceivablesNetCurrent
|
23736000 | usd |
CY2024Q3 | us-gaap |
Inventory Net
InventoryNet
|
157769000 | usd |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
149749000 | usd |
CY2024Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
23483000 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
25752000 | usd |
dei |
Entity Registrant Name
EntityRegistrantName
|
Microvast Holdings, Inc. | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
DE | ||
dei |
Entity File Number
EntityFileNumber
|
001-38826 | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
83-2530757 | ||
dei |
Entity Address Address Line2
EntityAddressAddressLine2
|
Suite 300 | ||
CY2024Q3 | us-gaap |
Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
|
19897000 | usd |
CY2024Q3 | us-gaap |
Assets Current
AssetsCurrent
|
437571000 | usd |
CY2023Q4 | us-gaap |
Assets Current
AssetsCurrent
|
425606000 | usd |
CY2024Q3 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
11021000 | usd |
CY2023Q4 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
6171000 | usd |
CY2024Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
527160000 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
620667000 | usd |
CY2024Q3 | mvst |
Land Use Rights Net
LandUseRightsNet
|
11902000 | usd |
CY2023Q4 | mvst |
Land Use Rights Net
LandUseRightsNet
|
11984000 | usd |
CY2024Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
2788000 | usd |
CY2023Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
3136000 | usd |
CY2024Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
19468000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
19507000 | usd |
CY2024Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
11090000 | usd |
CY2023Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
9661000 | usd |
CY2024Q3 | us-gaap |
Assets
Assets
|
1021000000 | usd |
CY2023Q4 | us-gaap |
Assets
Assets
|
1096732000 | usd |
CY2024Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
65589000 | usd |
CY2023Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
112618000 | usd |
CY2024Q3 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
56314000 | usd |
CY2023Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
63374000 | usd |
CY2024Q3 | mvst |
Accrued Expenses And Other Liabilities Current
AccruedExpensesAndOtherLiabilitiesCurrent
|
104202000 | usd |
CY2023Q4 | mvst |
Accrued Expenses And Other Liabilities Current
AccruedExpensesAndOtherLiabilitiesCurrent
|
148284000 | usd |
CY2024Q3 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
42950000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
43087000 | usd |
CY2024Q3 | mvst |
Short Term Borrowings And Line Of Credit Current
ShortTermBorrowingsAndLineOfCreditCurrent
|
66177000 | usd |
CY2023Q4 | mvst |
Short Term Borrowings And Line Of Credit Current
ShortTermBorrowingsAndLineOfCreditCurrent
|
35392000 | usd |
CY2024Q3 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
656000 | usd |
CY2023Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
655000 | usd |
CY2024Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
335888000 | usd |
CY2024Q3 | mvst |
Long Term Bonds Payables
LongTermBondsPayables
|
43157000 | usd |
CY2023Q4 | mvst |
Long Term Bonds Payables
LongTermBondsPayables
|
43157000 | usd |
CY2024Q3 | us-gaap |
Long Term Line Of Credit
LongTermLineOfCredit
|
53397000 | usd |
CY2023Q4 | us-gaap |
Long Term Line Of Credit
LongTermLineOfCredit
|
43761000 | usd |
CY2024Q3 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
1000 | usd |
CY2023Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
67000 | usd |
CY2024Q3 | us-gaap |
Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
|
119000 | usd |
CY2023Q4 | us-gaap |
Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
|
199000 | usd |
CY2024Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
16326000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
17087000 | usd |
CY2024Q3 | us-gaap |
Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
|
24423000 | usd |
CY2023Q4 | us-gaap |
Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
|
0 | usd |
CY2024Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
38486000 | usd |
CY2023Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
24861000 | usd |
CY2024Q3 | us-gaap |
Liabilities
Liabilities
|
511797000 | usd |
CY2023Q4 | us-gaap |
Liabilities
Liabilities
|
532542000 | usd |
CY2024Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2023Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2024Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2024Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
750000000 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
750000000 | shares |
CY2024Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
323815298 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
316694442 | shares |
CY2024Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
322127798 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
315006942 | shares |
CY2024Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
33000 | usd |
CY2023Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
32000 | usd |
CY2024Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
1512410000 | usd |
CY2023Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
1481241000 | usd |
CY2024Q3 | us-gaap |
Statutory Accounting Practices Statutory Capital And Surplus Balance
StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
|
6032000 | usd |
CY2023Q4 | us-gaap |
Statutory Accounting Practices Statutory Capital And Surplus Balance
StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
|
6032000 | usd |
CY2024Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-987520000 | usd |
CY2024Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-21752000 | usd |
CY2023Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-25614000 | usd |
us-gaap |
Revenues
Revenues
|
202042000 | usd | |
CY2024Q3 | us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
12000 | usd |
CY2023Q3 | us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
422000 | usd |
us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
64924000 | usd | |
us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
473000 | usd | |
CY2024Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
27508000 | usd |
CY2023Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
44674000 | usd |
us-gaap |
Operating Expenses
OperatingExpenses
|
171941000 | usd | |
us-gaap |
Operating Expenses
OperatingExpenses
|
119872000 | usd | |
CY2024Q3 | mvst |
Subsidy Income
SubsidyIncome
|
1082000 | usd |
CY2023Q3 | mvst |
Subsidy Income
SubsidyIncome
|
442000 | usd |
mvst |
Subsidy Income
SubsidyIncome
|
2351000 | usd | |
mvst |
Subsidy Income
SubsidyIncome
|
1156000 | usd | |
CY2024Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
7186000 | usd |
CY2023Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-26348000 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-91558000 | usd | |
CY2024Q3 | mvst |
Interest Income
InterestIncome
|
186000 | usd |
CY2023Q3 | mvst |
Interest Income
InterestIncome
|
582000 | usd |
mvst |
Interest Income
InterestIncome
|
551000 | usd | |
mvst |
Interest Income
InterestIncome
|
3481000 | usd | |
CY2024Q3 | us-gaap |
Interest Expense Nonoperating
InterestExpenseNonoperating
|
4290000 | usd |
CY2023Q3 | us-gaap |
Interest Expense Nonoperating
InterestExpenseNonoperating
|
491000 | usd |
us-gaap |
Interest Expense Nonoperating
InterestExpenseNonoperating
|
8116000 | usd | |
us-gaap |
Interest Expense Nonoperating
InterestExpenseNonoperating
|
1437000 | usd | |
CY2024Q3 | mvst |
Gain On Change In Fair Value Of Warrant Liability And Convertible Note
GainOnChangeInFairValueOfWarrantLiabilityAndConvertibleNote
|
2766000 | usd |
CY2023Q3 | mvst |
Gain On Change In Fair Value Of Warrant Liability And Convertible Note
GainOnChangeInFairValueOfWarrantLiabilityAndConvertibleNote
|
-42000 | usd |
mvst |
Gain On Change In Fair Value Of Warrant Liability And Convertible Note
GainOnChangeInFairValueOfWarrantLiabilityAndConvertibleNote
|
1240000 | usd | |
mvst |
Gain On Change In Fair Value Of Warrant Liability And Convertible Note
GainOnChangeInFairValueOfWarrantLiabilityAndConvertibleNote
|
-25000 | usd | |
CY2024Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
7399000 | usd |
CY2023Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
127000 | usd |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
7864000 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
673000 | usd | |
CY2024Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
13247000 | usd |
CY2023Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-26172000 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-90019000 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-81821000 | usd | |
CY2024Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2023Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd | |
CY2024Q3 | us-gaap |
Profit Loss
ProfitLoss
|
13247000 | usd |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-26172000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-90019000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-81821000 | usd | |
CY2024Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | usd |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | usd | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-21000 | usd | |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
13247000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-26130000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-90019000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-81800000 | usd | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.08 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.26 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
309541499 | shares | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
313108457 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
309541499 | shares | |
CY2024Q3 | us-gaap |
Profit Loss
ProfitLoss
|
13247000 | usd |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-26172000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-90019000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-81821000 | usd | |
CY2024Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
11473000 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-2192000 | usd |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
3862000 | usd | |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-18006000 | usd | |
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-28364000 | usd |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-86157000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-99827000 | usd | |
CY2024Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
0 | usd |
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-54000 | usd |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
0 | usd | |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-183000 | usd | |
CY2024Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
24720000 | usd |
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-28310000 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-86157000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-99644000 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
202042000 | usd | |
mvst |
Revenue Related To Contracts Balance
RevenueRelatedToContractsBalance
|
4208000 | usd | |
mvst |
Revenue Related To Contracts Balance
RevenueRelatedToContractsBalance
|
2485000 | usd | |
CY2022Q4 | mvst |
Allowance For Doubtful Account Receivable
AllowanceForDoubtfulAccountReceivable
|
4407000 | usd |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-237000 | usd | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-1038000 | usd | |
mvst |
Accounts Receivable Write Off
AccountsReceivableWriteOff
|
531000 | usd | |
mvst |
Accounts Receivable Write Off
AccountsReceivableWriteOff
|
66000 | usd | |
us-gaap |
Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
|
121000 | usd | |
mvst |
Accounts Receivable Exchange Difference
AccountsReceivableExchangeDifference
|
29000 | usd | |
mvst |
Accounts Receivable Exchange Difference
AccountsReceivableExchangeDifference
|
-182000 | usd | |
CY2024Q3 | mvst |
Allowance For Doubtful Account Receivable
AllowanceForDoubtfulAccountReceivable
|
3832000 | usd |
CY2023Q3 | mvst |
Allowance For Doubtful Account Receivable
AllowanceForDoubtfulAccountReceivable
|
3242000 | usd |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
3032000 | usd | |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
928000 | usd | |
CY2023Q4 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
13738000 | usd |
CY2024Q3 | mvst |
Payables For Purchase Of Property Plant And Equipment
PayablesForPurchaseOfPropertyPlantAndEquipment
|
54318000 | usd |
CY2023Q4 | mvst |
Payables For Purchase Of Property Plant And Equipment
PayablesForPurchaseOfPropertyPlantAndEquipment
|
96350000 | usd |
CY2024Q3 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
18112000 | usd |
CY2023Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
14312000 | usd |
CY2024Q3 | mvst |
Accrued Payroll And Welfare
AccruedPayrollAndWelfare
|
4445000 | usd |
CY2023Q4 | mvst |
Accrued Payroll And Welfare
AccruedPayrollAndWelfare
|
8089000 | usd |
CY2024Q3 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
6118000 | usd |
CY2023Q4 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
6224000 | usd |
CY2024Q3 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
1429000 | usd |
CY2023Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
41000 | usd |
CY2024Q3 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
|
8415000 | usd |
CY2023Q4 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
|
7117000 | usd |
CY2024Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
3214000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
2413000 | usd |
CY2024Q3 | mvst |
Accrued Expense And Other Liabilities Current
AccruedExpenseAndOtherLiabilitiesCurrent
|
104202000 | usd |
CY2023Q4 | mvst |
Accrued Expense And Other Liabilities Current
AccruedExpenseAndOtherLiabilitiesCurrent
|
148284000 | usd |
CY2024Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
34184000 | usd |
CY2023Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
37108000 | usd |
CY2023Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
35217000 | usd |
CY2022Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
42060000 | usd |
CY2024Q3 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
4024000 | usd |
CY2023Q3 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
3567000 | usd |
us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
10353000 | usd | |
us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
9017000 | usd | |
CY2024Q3 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
3970000 | usd |
CY2023Q3 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
7125000 | usd |
us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
10516000 | usd | |
us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
15635000 | usd | |
CY2024Q3 | us-gaap |
Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
|
-1216000 | usd |
CY2023Q3 | us-gaap |
Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
|
202000 | usd |
us-gaap |
Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
|
-400000 | usd | |
CY2024Q3 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
35454000 | usd |
CY2023Q3 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
33348000 | usd |
CY2024Q3 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
35454000 | usd |
CY2023Q3 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
33348000 | usd |
CY2024Q3 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
8151000 | usd |
CY2023Q4 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
13738000 | usd |
CY2024Q3 | us-gaap |
Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
|
27303000 | usd |
CY2023Q4 | us-gaap |
Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
|
21479000 | usd |
CY2024Q3 | mvst |
Product Warranty Total
ProductWarrantyTotal
|
35454000 | usd |
CY2023Q4 | mvst |
Product Warranty Total
ProductWarrantyTotal
|
35217000 | usd |
CY2022Q4 | us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
100000000 | cny |
us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
383000 | usd | |
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001760689 | ||
CY2023Q4 | us-gaap |
Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
|
0 | usd |
CY2023Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
403410000 | usd |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-897501000 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-84513000 | usd | |
CY2023Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-42000 | usd |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.08 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.28 | ||
CY2024Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
320545388 | shares |
CY2024Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
367031181 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
317153113 | shares | |
CY2024Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
24720000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
579717000 | usd |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-26172000 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
0 | usd |
CY2023Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
15985000 | usd |
CY2023Q3 | us-gaap |
Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
|
-2192000 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
567338000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
612977000 | usd |
us-gaap |
Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
2174000 | usd | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
0 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
52014000 | usd | |
us-gaap |
Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
|
-18006000 | usd | |
CY2023Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
567338000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-90019000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-81821000 | usd | |
mvst |
Gain Loss On Disposal Of Property Plant And Equipment
GainLossOnDisposalOfPropertyPlantAndEquipment
|
810000 | usd | |
mvst |
Gain Loss On Disposal Of Property Plant And Equipment
GainLossOnDisposalOfPropertyPlantAndEquipment
|
832000 | usd | |
us-gaap |
Interest Expense Operating
InterestExpenseOperating
|
2248000 | usd | |
us-gaap |
Interest Expense Operating
InterestExpenseOperating
|
0 | usd | |
us-gaap |
Depreciation Nonproduction
DepreciationNonproduction
|
22442000 | usd | |
us-gaap |
Depreciation Nonproduction
DepreciationNonproduction
|
14643000 | usd | |
mvst |
Amortization Of Land Use Right And Intangible Assets
AmortizationOfLandUseRightAndIntangibleAssets
|
581000 | usd | |
mvst |
Amortization Of Land Use Right And Intangible Assets
AmortizationOfLandUseRightAndIntangibleAssets
|
593000 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
2004000 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
2108000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
30289000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
51641000 | usd | |
mvst |
Gain On Change In Fair Value Of Warrant Liability And Convertible Note
GainOnChangeInFairValueOfWarrantLiabilityAndConvertibleNote
|
1240000 | usd | |
mvst |
Gain On Change In Fair Value Of Warrant Liability And Convertible Note
GainOnChangeInFairValueOfWarrantLiabilityAndConvertibleNote
|
-25000 | usd | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-237000 | usd | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-1038000 | usd | |
mvst |
Provision For Obsolete Inventories
ProvisionForObsoleteInventories
|
3032000 | usd | |
mvst |
Provision For Obsolete Inventories
ProvisionForObsoleteInventories
|
928000 | usd | |
us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
64924000 | usd | |
us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
473000 | usd | |
us-gaap |
Product Warranty Expense
ProductWarrantyExpense
|
10353000 | usd | |
us-gaap |
Product Warranty Expense
ProductWarrantyExpense
|
9017000 | usd | |
us-gaap |
Increase Decrease In Notes Receivables
IncreaseDecreaseInNotesReceivables
|
-9162000 | usd | |
us-gaap |
Increase Decrease In Notes Receivables
IncreaseDecreaseInNotesReceivables
|
22372000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-18157000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
911000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
4144000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
54473000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-2340000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
12666000 | usd | |
mvst |
Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
|
1821000 | usd | |
mvst |
Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
|
5588000 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-9037000 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
653000 | usd | |
mvst |
Increase Decrease In Notes Payable
IncreaseDecreaseInNotesPayable
|
-26070000 | usd | |
us-gaap |
Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
|
-47234000 | usd | |
us-gaap |
Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
|
53400000 | usd | |
us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
-33094000 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-869000 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
2760000 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
7679000 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
-319000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3287000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-70350000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
27366000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
153574000 | usd | |
us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
0 | usd | |
us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
425000 | usd | |
mvst |
Proceeds On Disposal Of Property Plant And Equipment
ProceedsOnDisposalOfPropertyPlantAndEquipment
|
9830000 | usd | |
mvst |
Proceeds On Disposal Of Property Plant And Equipment
ProceedsOnDisposalOfPropertyPlantAndEquipment
|
879000 | usd | |
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
5564000 | usd | |
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-11972000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-153120000 | usd | |
us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
70373000 | usd | |
us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
18439000 | usd | |
us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
6286000 | usd | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
525000 | usd | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | usd | |
mvst |
Deferred Payment Related To Purchases Of Property Plant And Equipment
DeferredPaymentRelatedToPurchasesOfPropertyPlantAndEquipment
|
16389000 | usd | |
mvst |
Deferred Payment Related To Purchases Of Property Plant And Equipment
DeferredPaymentRelatedToPurchasesOfPropertyPlantAndEquipment
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
46635000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
12153000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-4598000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-2088000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
26778000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-213405000 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
88189000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
302617000 | usd |
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
114967000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
89212000 | usd |
CY2024Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
63585000 | usd |
CY2023Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
67398000 | usd |
CY2024Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
51382000 | usd |
CY2023Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
21814000 | usd |
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
114967000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
89212000 | usd |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
59408000 | usd | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
75781000 | usd | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Microvast, Inc. was incorporated under the laws of the State of Texas in the United States of America on October 12, 2006 and re-domiciled to the State of Delaware on December 31, 2015. On July 23, 2021 (the “Closing Date”), Microvast, Inc. and Tuscan Holdings Corp.(“Tuscan”) consummated the previously announced merger (the “Merger” or the "Business Combination"), pursuant to the Agreement and Plan of Merger (the “Merger Agreement”) dated February 1, 2021, between Tuscan, Microvast, Inc. and TSCN Merger Sub Inc., a Delaware corporation (“Merger Sub”).</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Pursuant to the Merger Agreement, the Merger Sub merged with and into Microvast, Inc., with Microvast, Inc. surviving the Merger. As a result of the Merger, Tuscan was renamed “Microvast Holdings, Inc.” (the “Company”). The Merger was accounted for as a reverse recapitalization as Microvast, Inc. was determined to be the accounting acquirer under Financial Accounting Standards Board’s Accounting Standards Codification Topic 805, Business Combinations (“ASC 805”). </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The Company and its subsidiaries (collectively, the “Group”) are primarily engaged in developing, manufacturing, and selling lithium-ion battery systems and components for electric vehicles and energy storage across the globe.</span></div> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Significant accounting estimates reflected in the Group’s financial statements include allowance for credit losses, write-down of obsolete inventories, impairment of long-lived assets, valuation allowance for deferred tax assets, product warranty, fair value measurement of warrant liability, fair value measurement of convertible loan and share based compensation.</span></div> | ||
CY2024Q3 | us-gaap |
Revenues
Revenues
|
101388000 | usd |
CY2023Q3 | us-gaap |
Revenues
Revenues
|
80116000 | usd |
CY2024Q3 | us-gaap |
Gross Profit
GrossProfit
|
33612000 | usd |
CY2023Q3 | us-gaap |
Gross Profit
GrossProfit
|
17884000 | usd |
CY2024Q3 | us-gaap |
Profit Loss
ProfitLoss
|
13247000 | usd |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-26172000 | usd |
CY2024Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-5429000 | usd |
CY2023Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-29342000 | usd |
us-gaap |
Revenues
Revenues
|
266414000 | usd | |
us-gaap |
Revenues
Revenues
|
202042000 | usd | |
us-gaap |
Gross Profit
GrossProfit
|
78032000 | usd | |
us-gaap |
Gross Profit
GrossProfit
|
34203000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-90019000 | usd | |
us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
64924000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-81821000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3287000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-70350000 | usd | |
CY2024Q3 | mvst |
Working Capital
WorkingCapital
|
101683000 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
509203000 | usd |
CY2024Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-987520000 | usd |
CY2024Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
63585000 | usd |
CY2024Q3 | mvst |
Bank Borrowings Ending Balance
BankBorrowingsEndingBalance
|
119574000 | usd |
CY2024Q3 | mvst |
Short Term Borrowings And Line Of Credit Current
ShortTermBorrowingsAndLineOfCreditCurrent
|
66177000 | usd |
CY2024Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
269711000 | usd |
CY2024Q3 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
29911000 | usd |
CY2024Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
101388000 | usd |
CY2023Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
80116000 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
266414000 | usd | |
CY2024Q3 | mvst |
Revenue Related To Contracts Balance
RevenueRelatedToContractsBalance
|
883000 | usd |
CY2023Q3 | mvst |
Revenue Related To Contracts Balance
RevenueRelatedToContractsBalance
|
1191000 | usd |
CY2024Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
19468000 | usd |
CY2024Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
19540000 | usd |
CY2024Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
3214000 | usd |
CY2024Q3 | us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
12000 | usd |
CY2023Q3 | us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
422000 | usd |
us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
64924000 | usd | |
us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
473000 | usd | |
CY2024Q3 | us-gaap |
Gains Losses On Restructuring Of Debt
GainsLossesOnRestructuringOfDebt
|
7709000 | usd |
CY2024Q3 | mvst |
Gain Loss On Convertible Debt And Warrants
GainLossOnConvertibleDebtAndWarrants
|
2764000 | usd |
mvst |
Gain Loss On Convertible Debt And Warrants
GainLossOnConvertibleDebtAndWarrants
|
1174000 | usd | |
CY2024Q3 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
125371000 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
143288000 | usd |
CY2024Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
3832000 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
4571000 | usd |
CY2024Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
121539000 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
138717000 | usd |
CY2024Q2 | mvst |
Allowance For Doubtful Account Receivable
AllowanceForDoubtfulAccountReceivable
|
4679000 | usd |
CY2023Q2 | mvst |
Allowance For Doubtful Account Receivable
AllowanceForDoubtfulAccountReceivable
|
3468000 | usd |
CY2023Q4 | mvst |
Allowance For Doubtful Account Receivable
AllowanceForDoubtfulAccountReceivable
|
4571000 | usd |
CY2024Q3 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-992000 | usd |
CY2023Q3 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-206000 | usd |
CY2024Q3 | mvst |
Accounts Receivable Write Off
AccountsReceivableWriteOff
|
2000 | usd |
CY2023Q3 | mvst |
Accounts Receivable Write Off
AccountsReceivableWriteOff
|
0 | usd |
CY2024Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
|
0 | usd |
CY2023Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
|
0 | usd |
us-gaap |
Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
|
0 | usd | |
CY2024Q3 | mvst |
Accounts Receivable Exchange Difference
AccountsReceivableExchangeDifference
|
147000 | usd |
CY2023Q3 | mvst |
Accounts Receivable Exchange Difference
AccountsReceivableExchangeDifference
|
-20000 | usd |
CY2024Q3 | mvst |
Allowance For Doubtful Account Receivable
AllowanceForDoubtfulAccountReceivable
|
3832000 | usd |
CY2023Q3 | mvst |
Allowance For Doubtful Account Receivable
AllowanceForDoubtfulAccountReceivable
|
3242000 | usd |
CY2024Q3 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
102443000 | usd |
CY2023Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
86379000 | usd |
CY2024Q3 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
36704000 | usd |
CY2023Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
35867000 | usd |
CY2024Q3 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
18622000 | usd |
CY2023Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
27503000 | usd |
CY2024Q3 | us-gaap |
Inventory Net
InventoryNet
|
157769000 | usd |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
149749000 | usd |
CY2024Q3 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
1295000 | usd |
CY2023Q3 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
0 | usd |
CY2024Q3 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
8151000 | usd |
us-gaap |
Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
|
2094000 | usd | |
CY2023Q3 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
475000 | usd |
us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
65000 | usd | |
us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
1503000 | usd | |
CY2024Q2 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
94237000 | usd |
CY2023Q2 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
49146000 | usd |
CY2023Q4 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
79153000 | usd |
CY2022Q4 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
46395000 | usd |
CY2023Q3 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
9207000 | usd |
us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
70373000 | usd | |
us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
18439000 | usd | |
CY2023Q3 | mvst |
Repayments Of Principal
RepaymentsOfPrincipal
|
2347000 | usd |
mvst |
Repayments Of Principal
RepaymentsOfPrincipal
|
31824000 | usd | |
mvst |
Repayments Of Principal
RepaymentsOfPrincipal
|
6286000 | usd | |
CY2023Q3 | mvst |
Exchange Difference
ExchangeDifference
|
-349000 | usd |
mvst |
Exchange Difference
ExchangeDifference
|
1872000 | usd | |
mvst |
Exchange Difference
ExchangeDifference
|
-2891000 | usd | |
CY2024Q3 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
119574000 | usd |
CY2023Q3 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
55657000 | usd |
CY2024Q3 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
119574000 | usd |
CY2023Q3 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
55657000 | usd |
CY2024Q3 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
66177000 | usd |
CY2023Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
35392000 | usd |
CY2024Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
53397000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
43761000 | usd |
CY2024Q3 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
119574000 | usd |
CY2023Q4 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
79153000 | usd |
CY2024Q3 | mvst |
Pledged Buildings
PledgedBuildings
|
121302000 | usd |
CY2023Q4 | mvst |
Pledged Buildings
PledgedBuildings
|
124565000 | usd |
CY2024Q3 | mvst |
Pledged Machinery And Equipment
PledgedMachineryAndEquipment
|
65091000 | usd |
CY2023Q4 | mvst |
Pledged Machinery And Equipment
PledgedMachineryAndEquipment
|
0 | usd |
CY2024Q3 | mvst |
Pledged Land Use Rights
PledgedLandUseRights
|
11902000 | usd |
CY2023Q4 | mvst |
Pledged Land Use Rights
PledgedLandUseRights
|
11984000 | usd |
CY2024Q3 | mvst |
Pledged Construction In Progress
PledgedConstructionInProgress
|
348000 | usd |
CY2023Q4 | mvst |
Pledged Construction In Progress
PledgedConstructionInProgress
|
0 | usd |
CY2024Q3 | mvst |
Pledged Total Asset
PledgedTotalAsset
|
198643000 | usd |
CY2023Q4 | mvst |
Pledged Total Asset
PledgedTotalAsset
|
136549000 | usd |
CY2024Q3 | us-gaap |
Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
|
27303000 | usd |
CY2023Q4 | us-gaap |
Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
|
21479000 | usd |
CY2024Q3 | mvst |
Deferred Subsidy Income Noncurrent
DeferredSubsidyIncomeNoncurrent
|
6093000 | usd |
CY2023Q4 | mvst |
Deferred Subsidy Income Noncurrent
DeferredSubsidyIncomeNoncurrent
|
3382000 | usd |
CY2024Q3 | us-gaap |
Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
|
5090000 | usd |
CY2023Q4 | us-gaap |
Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
|
0 | usd |
CY2024Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
38486000 | usd |
CY2023Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
24861000 | usd |
CY2024Q3 | mvst |
Long Term Bonds Payable
LongTermBondsPayable
|
43157000 | usd |
CY2023Q4 | mvst |
Long Term Bonds Payable
LongTermBondsPayable
|
43157000 | usd |
CY2018Q4 | mvst |
Bond Loan
BondLoan
|
87776000 | usd |
CY2018Q4 | mvst |
Bond Loan
BondLoan
|
600000000 | cny |
CY2018Q4 | mvst |
Equity Holding Pledged Percentage
EquityHoldingPledgedPercentage
|
0.1239 | |
mvst |
Debt Instrument Convertible Amount Subsidiary Value Threshold
DebtInstrumentConvertibleAmountSubsidiaryValueThreshold
|
950000000 | usd | |
mvst |
Supplement Agreements Entered Into
SupplementAgreementsEnteredInto
|
2 | agreement | |
CY2022Q4 | us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
14629000 | usd |
CY2022Q4 | us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
100000000 | cny |
CY2022Q4 | us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
14630000 | usd |
CY2024Q3 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.12 | |
CY2024Q3 | mvst |
Debt Instrument Of Subscribed Amount
DebtInstrumentOfSubscribedAmount
|
43157000 | usd |
CY2024Q3 | mvst |
Debt Instrument Of Subscribed Amount
DebtInstrumentOfSubscribedAmount
|
295000000 | cny |
CY2021Q3 | us-gaap |
Stock Issued During Period Shares Purchase Of Assets
StockIssuedDuringPeriodSharesPurchaseOfAssets
|
27600000 | shares |
CY2021Q3 | mvst |
Class Of Warrant Or Right Exercisable Period
ClassOfWarrantOrRightExercisablePeriod
|
P30D | |
CY2021Q3 | mvst |
Warrant Term
WarrantTerm
|
P5Y | |
CY2024Q3 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
63585000 | usd |
CY2024Q3 | us-gaap |
Restricted Cash
RestrictedCash
|
51382000 | usd |
CY2024Q3 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
114967000 | usd |
CY2024Q3 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
1000 | usd |
CY2024Q3 | us-gaap |
Convertible Debt Fair Value Disclosures
ConvertibleDebtFairValueDisclosures
|
24423000 | usd |
CY2024Q3 | us-gaap |
Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
|
24424000 | usd |
CY2023Q4 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
44541000 | usd |
CY2023Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
43648000 | usd |
CY2023Q4 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
88189000 | usd |
CY2023Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
67000 | usd |
CY2023Q4 | us-gaap |
Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
|
67000 | usd |
mvst |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Interest Paid
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityInterestPaid
|
347000 | usd | |
CY2024Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
883000 | usd |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
2602000 | usd | |
CY2024Q3 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
79000 | usd |
CY2024Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P9Y3M18D | |
CY2024Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.052 | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
2518000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
2258000 | usd | |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
1347000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
3781000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
2917000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
2458000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
1873000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
1681000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
10227000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
24284000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
4744000 | usd |
CY2024Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
19540000 | usd |
CY2021Q3 | us-gaap |
Standby Bond Purchase Commitment Expiration Period
StandbyBondPurchaseCommitmentExpirationPeriod
|
P10Y | |
CY2021Q3 | mvst |
Exchange Ratio
ExchangeRatio
|
160.3 | |
CY2021Q3 | mvst |
Common Stock Reserved For Esop Plan
CommonStockReservedForESOPPlan
|
0.05 | |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
32876682 | shares |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
6.01 | |
CY2023Q4 | mvst |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Grant Date Fair Value Outstanding
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValueOutstanding
|
4.73 | |
CY2023 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P5Y8M12D | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
1521350 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
4.60 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
|
3.18 | ||
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
31355332 | shares |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
6.08 | |
CY2024Q3 | mvst |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Grant Date Fair Value Outstanding
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValueOutstanding
|
4.80 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P5Y | ||
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
|
31355332 | shares |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
|
6.08 | |
CY2024Q3 | mvst |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Grant Date Fair Value Expected To Vest And Exercisable
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValueExpectedToVestAndExercisable
|
4.80 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
|
P5Y | ||
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
30088665 | shares |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
6.14 | |
CY2024Q3 | mvst |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageGrantDateFairValue
|
4.89 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P5Y1M6D | ||
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
36091071 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
6.08 | |
CY2022Q4 | mvst |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Grant Date Fair Value Outstanding
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValueOutstanding
|
4.80 | |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P6Y9M18D | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
640000 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
1.77 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
1.18 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
895706 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
5.02 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
|
3.64 | ||
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
35835365 | shares |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
6.03 | |
CY2023Q3 | mvst |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Grant Date Fair Value Outstanding
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValueOutstanding
|
4.76 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P5Y7M6D | ||
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
|
35835365 | shares |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
|
6.03 | |
CY2023Q3 | mvst |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Grant Date Fair Value Expected To Vest And Exercisable
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValueExpectedToVestAndExercisable
|
4.76 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
|
P5Y7M6D | ||
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
23916879 | shares |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
6.14 | |
CY2023Q3 | mvst |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageGrantDateFairValue
|
4.90 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P5Y6M | ||
us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
856000 | usd | |
us-gaap |
Net Amount At Risk By Product And Guarantee Weighted Average Period Remaining1
NetAmountAtRiskByProductAndGuaranteeWeightedAveragePeriodRemaining1
|
P0Y1M6D | ||
CY2024Q3 | mvst |
Aggregate Intrinsic Value Of The Share Options
AggregateIntrinsicValueOfTheShareOptions
|
0 | usd |
CY2024Q3 | mvst |
Gain Loss On Convertible Debt And Warrants
GainLossOnConvertibleDebtAndWarrants
|
2764000 | usd |
mvst |
Gain Loss On Convertible Debt And Warrants
GainLossOnConvertibleDebtAndWarrants
|
1174000 | usd | |
CY2024Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
13247000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-26130000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-90019000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-81800000 | usd | |
CY2024Q3 | mvst |
Gain Loss On Fair Value Of Convertible Note
GainLossOnFairValueOfConvertibleNote
|
-2764000 | usd |
CY2023Q3 | mvst |
Gain Loss On Fair Value Of Convertible Note
GainLossOnFairValueOfConvertibleNote
|
0 | usd |
mvst |
Gain Loss On Fair Value Of Convertible Note
GainLossOnFairValueOfConvertibleNote
|
0 | usd | |
mvst |
Gain Loss On Fair Value Of Convertible Note
GainLossOnFairValueOfConvertibleNote
|
0 | usd | |
CY2024Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
10483000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-26130000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-90019000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-81800000 | usd | |
CY2024Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
320545388 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
313108457 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
317153113 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
309541499 | shares | |
CY2024Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1048846 | shares |
CY2024Q3 | mvst |
Incremental Common Shares Attributable To Dilutive Effect Of Capped Nonvested Shares
IncrementalCommonSharesAttributableToDilutiveEffectOfCappedNonvestedShares
|
1654338 | shares |
CY2024Q3 | mvst |
Incremental Common Shares Attributable To Dilutive Effect Of Convertible Loan
IncrementalCommonSharesAttributableToDilutiveEffectOfConvertibleLoan
|
43782609 | shares |
CY2024Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
367031181 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
313108457 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
317153113 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
309541499 | shares | |
CY2024Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.04 | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.08 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.28 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.26 | ||
CY2024Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.03 | |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.08 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.28 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.26 | ||
us-gaap |
Loss Contingency New Claims Filed Number
LossContingencyNewClaimsFiledNumber
|
3 | action | |
CY2024Q3 | mvst |
Liens Amount
LiensAmount
|
35656000 | usd |
CY2024Q3 | us-gaap |
Settlement Liabilities Current
SettlementLiabilitiesCurrent
|
4346000 | usd |