$NXU
Nxu, Inc. Stock $nxu

$nxu Overview Financials Valuation SEC Filings Company Website

2023 Q2 Form 10-Q Financial Statement

#000121465923011128 Filed on August 14, 2023

Income Statement

Concept	2023 Q2	2022 Q2
Revenue		$0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin	$9.890M	$16.48M
YoY Change	-39.99%	190.21%
% of Gross Profit
Research & Development	$4.732M	$1.172M
YoY Change	303.85%	147.49%
% of Gross Profit
Depreciation & Amortization	$160.0K	$115.0K
YoY Change	39.11%	2300.71%
% of Gross Profit
Operating Expenses	$14.62M	$17.65M
YoY Change	-17.17%	186.92%
Operating Profit	-$14.62M	-$17.65M
YoY Change	-17.17%	186.92%
Interest Expense	$39.00K	$0.00
YoY Change
% of Operating Profit
Other Income/Expense, Net	-$91.00K	$360.3K
YoY Change	-125.26%	-1089.01%
Pretax Income	-$14.71M	-$17.29M
YoY Change	-14.93%	179.41%
Income Tax
% Of Pretax Income
Net Earnings	-$14.71M	-$17.29M
YoY Change	-14.92%	179.41%
Net Earnings / Revenue
Basic Earnings Per Share	-$0.40	$2.06
Diluted Earnings Per Share	-$0.40	-$456.5K
COMMON SHARES
Basic Shares Outstanding	36.47M shares	8.407M shares
Diluted Shares Outstanding	36.47M shares	8.407M shares

Balance Sheet

Concept	2023 Q2	2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$3.060M	$638.0K
YoY Change	379.59%
Cash & Equivalents	$3.055M	$638.0K
Short-Term Investments
Other Short-Term Assets	$1.210M	$327.2K
YoY Change	269.79%
Inventory	$930.0K
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$5.193M	$1.208M
YoY Change	329.93%
LONG-TERM ASSETS
Property, Plant & Equipment	$2.072M	$721.9K
YoY Change	187.01%
Goodwill
YoY Change
Intangibles		$10.50K
YoY Change
Long-Term Investments		$181.3K
YoY Change
Other Assets	$1.020M	$180.0K
YoY Change	466.67%
Total Long-Term Assets	$3.743M	$1.913M
YoY Change	95.62%
TOTAL ASSETS
Total Short-Term Assets	$5.193M	$1.208M
Total Long-Term Assets	$3.743M	$1.913M
Total Assets	$8.936M	$3.121M
YoY Change	186.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.671M	$675.2K
YoY Change	147.47%
Accrued Expenses	$818.0K	$615.8K
YoY Change	32.84%
Deferred Revenue	$526.0K
YoY Change
Short-Term Debt	$80.00K	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$3.697M	$1.849M
YoY Change	99.94%
LONG-TERM LIABILITIES
Long-Term Debt	$1.810M	$0.00
YoY Change
Other Long-Term Liabilities	$2.890M	$732.8K
YoY Change	294.4%
Total Long-Term Liabilities	$4.700M	$732.8K
YoY Change	541.42%
TOTAL LIABILITIES
Total Short-Term Liabilities	$3.697M	$1.849M
Total Long-Term Liabilities	$4.700M	$732.8K
Total Liabilities	$8.393M	$2.582M
YoY Change	225.08%
SHAREHOLDERS EQUITY
Retained Earnings	-$245.6M	-$184.9M
YoY Change	32.84%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$543.0K	$539.4K
YoY Change
Total Liabilities & Shareholders Equity	$8.936M	$3.121M
YoY Change	186.3%

Cashflow Statement

Concept	2023 Q2	2022 Q2
OPERATING ACTIVITIES
Net Income	-$14.71M	-$17.29M
YoY Change	-14.92%	179.41%
Depreciation, Depletion And Amortization	$160.0K	$115.0K
YoY Change	39.11%	2300.71%
Cash From Operating Activities	-$9.590M	-$11.33M
YoY Change	-15.36%	141.64%
INVESTING ACTIVITIES
Capital Expenditures	$290.0K	-$59.39K
YoY Change	-588.3%	-50.31%
Acquisitions
YoY Change
Other Investing Activities	$520.0K	$0.00
YoY Change
Cash From Investing Activities	$230.0K	-$59.38K
YoY Change	-487.34%	-50.31%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-480.0K	8.882M
YoY Change	-105.4%	63.88%
NET CHANGE
Cash From Operating Activities	-9.590M	-11.33M
Cash From Investing Activities	230.0K	-59.38K
Cash From Financing Activities	-480.0K	8.882M
Net Change In Cash	-9.840M	-2.508M
YoY Change	292.33%	-510.46%
FREE CASH FLOW
Cash From Operating Activities	-$9.590M	-$11.33M
Capital Expenditures	$290.0K	-$59.39K
Free Cash Flow	-$9.880M	-$11.27M
YoY Change	-12.34%	146.66%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Entity Central Index Key EntityCentralIndexKey	0001722969
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
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CY2023Q2	us-gaap	Revenues Revenues		usd
CY2022Q2	us-gaap	Revenues Revenues		usd
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CY2022Q2	us-gaap	Interest Expense InterestExpense		usd
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CY2023Q2	NXU	Paycheck Protection Program Forgiveness PaycheckProtectionProgramForgiveness		usd
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	us-gaap	Other Expenses OtherExpenses		usd
CY2022Q2	NXU	Gain On Convertible Debt And Warrant Liability GainOnConvertibleDebtAndWarrantLiability		usd
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CY2023Q2	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues		usd
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CY2023Q2	us-gaap	Inventory Raw Materials InventoryRawMaterials		usd
CY2022Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess		usd
CY2022Q4	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent		usd
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2023-06-30
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	1-41509
	dei	Entity Registrant Name EntityRegistrantName	Nxu, Inc.
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	92-2819012
	dei	Entity Address Address Line1 EntityAddressAddressLine1	1828 N. Higley Rd. Ste 116
	dei	Entity Address City Or Town EntityAddressCityOrTown	Mesa
	dei	Entity Address State Or Province EntityAddressStateOrProvince	AZ
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	85205
	dei	City Area Code CityAreaCode	(760)
	dei	Local Phone Number LocalPhoneNumber	515-1133
	dei	Security12b Title Security12bTitle	Class A Common Stock, par value $0.0001 per share
	dei	Trading Symbol TradingSymbol	NXU
	dei	Security Exchange Name SecurityExchangeName	NASDAQ
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
	dei	Entity Ex Transition Period EntityExTransitionPeriod	true
	dei	Entity Shell Company EntityShellCompany	false
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CY2023Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	1208000	usd
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CY2023Q2	us-gaap	Inventory Net InventoryNet	930000	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	98000	usd
CY2023Q2	us-gaap	Assets Current AssetsCurrent	5193000	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	3667000	usd
CY2023Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2072000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2441000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	9000	usd
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CY2023Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	645000	usd
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CY2023Q2	us-gaap	Security Deposit SecurityDeposit	488000	usd
CY2022Q4	us-gaap	Security Deposit SecurityDeposit	101000	usd
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CY2023Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	818000	usd
CY2022Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1686000	usd
CY2023Q2	us-gaap	Accrued Payroll Taxes Current AccruedPayrollTaxesCurrent	71000	usd
CY2022Q4	us-gaap	Accrued Payroll Taxes Current AccruedPayrollTaxesCurrent	10000	usd
CY2023Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	526000	usd
CY2022Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	523000	usd
CY2023Q2	us-gaap	Notes Payable Current NotesPayableCurrent	80000	usd
CY2022Q4	us-gaap	Notes Payable Current NotesPayableCurrent	157000	usd
CY2023Q2	NXU	Variable Share Settled Restricted Stock Units VariableShareSettledRestrictedStockUnits	176000	usd
CY2023Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	355000	usd
CY2022Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	344000	usd
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CY2023Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	378000	usd
CY2022Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	558000	usd
CY2023Q2	NXU	Convertible Debt And Warrant Liability At Fair Value ConvertibleDebtAndWarrantLiabilityAtFairValue	4318000	usd
CY2022Q4	NXU	Convertible Debt And Warrant Liability At Fair Value ConvertibleDebtAndWarrantLiabilityAtFairValue	11285000	usd
CY2023Q2	us-gaap	Liabilities Liabilities	8393000	usd
CY2022Q4	us-gaap	Liabilities Liabilities	16086000	usd
CY2023Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	246173000	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	209564000	usd
CY2023Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-245637000	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-218616000	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	543000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	-9048000	usd
CY2023Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	8936000	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	7038000	usd
CY2023Q2	us-gaap	Share Based Compensation ShareBasedCompensation	5654000	usd
CY2022Q2	us-gaap	Share Based Compensation ShareBasedCompensation	10252000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	11617000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	24207000	usd
CY2023Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	4732000	usd
CY2022Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	2761000	usd
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	8449000	usd
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CY2023Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4089000	usd
CY2022Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2857000	usd
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	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	5250000	usd
CY2023Q2	us-gaap	Advertising Expense AdvertisingExpense	146000	usd
CY2022Q2	us-gaap	Advertising Expense AdvertisingExpense	1782000	usd
	us-gaap	Advertising Expense AdvertisingExpense	180000	usd
	us-gaap	Advertising Expense AdvertisingExpense	3638000	usd
CY2023Q2	us-gaap	Operating Expenses OperatingExpenses	14621000	usd
CY2022Q2	us-gaap	Operating Expenses OperatingExpenses	17652000	usd
	us-gaap	Operating Expenses OperatingExpenses	28244000	usd
	us-gaap	Operating Expenses OperatingExpenses	37325000	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-14621000	usd
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-17652000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-28244000	usd
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CY2023Q2	us-gaap	Interest Expense InterestExpense	39000	usd
	us-gaap	Interest Expense InterestExpense	40000	usd
CY2022Q2	NXU	Paycheck Protection Program Forgiveness PaycheckProtectionProgramForgiveness	397000	usd
	NXU	Paycheck Protection Program Forgiveness PaycheckProtectionProgramForgiveness	397000	usd
CY2023Q2	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	110000	usd
CY2022Q2	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	-152000	usd
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	110000	usd
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	-152000	usd
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	NXU	Gain On Convertible Debt And Warrant Liability GainOnConvertibleDebtAndWarrantLiability	2104000	usd
CY2023Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	15000	usd
CY2022Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	115000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	33000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	102000	usd
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	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	1223000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	347000	usd
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	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.98
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	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-2.14
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	36465402	shares
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CY2023Q2	NXU	Conversion Of Long Term Debt ConversionOfLongTermDebt	1815000	usd
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CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	543000	usd
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CY2022Q2	NXU	Shares Issued For Services And Rent Guarantees SharesIssuedForServicesAndRentGuarantees	18000	usd
CY2022Q2	NXU	Exchange Of Class C To Class Stock ExchangeOfClassCToClassStock	572000	usd
CY2022Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	10252000	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-17292000	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	540000	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	2441000	usd
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	10243000	usd
	NXU	Shares Issued For Services And Rent Guarantees SharesIssuedForServicesAndRentGuarantees	55000	usd
	NXU	Exchange Of Class C To Class Stock ExchangeOfClassCToClassStock	572000	usd
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	24207000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-36978000	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	540000	usd
	us-gaap	Profit Loss ProfitLoss	-27021000	usd
	us-gaap	Profit Loss ProfitLoss	-36978000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	301000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	116000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	11617000	usd
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	NXU	Share Based Goods And Nonemployee Services Transaction Modification Of Terms Incre ShareBasedGoodsAndNonemployeeServicesTransactionModificationOfTermsIncre	106000	usd
	NXU	Share Based Goods And Nonemployee Services Transaction Modification Of Terms Incre ShareBasedGoodsAndNonemployeeServicesTransactionModificationOfTermsIncre	627000	usd
	NXU	Noncash Warrant Expense NoncashWarrantExpense	984000	usd
	NXU	Paycheck Protection Loan Program PaycheckProtectionLoanProgram	398000	usd
	NXU	Net Change In Operating Lease Assets And Liabilities NetChangeInOperatingLeaseAssetsAndLiabilities	-14000	usd
	NXU	Net Change In Operating Lease Assets And Liabilities NetChangeInOperatingLeaseAssetsAndLiabilities	-10000	usd
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	110000	usd
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-152000	usd
	NXU	Gain On Fair Value Of Convertible Debt And Warrant Liability GainOnFairValueOfConvertibleDebtAndWarrantLiability	2104000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	340000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	37000	usd
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	242000	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	832000	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	148000	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	609000	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-868000	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	449000	usd
	NXU	Change In Payroll Liabilities ChangeInPayrollLiabilities	-61000	usd
	NXU	Change In Payroll Liabilities ChangeInPayrollLiabilities	56000	usd
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	3000	usd
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	225000	usd
	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	-387000	usd
	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	-12000	usd
	NXU	Increase Decrease In Vendor Deposits IncreaseDecreaseInVendorDeposits	-508000	usd
	NXU	Increase Decrease In Vendor Deposits IncreaseDecreaseInVendorDeposits	17000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-18964000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-11331000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	380000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	59000	usd
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	559000	usd
	NXU	Payments On Financing Lease Liability PaymentsOnFinancingLeaseLiability	77000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	102000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-59000	usd
	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	12020000	usd
	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	8882000	usd
	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt	9000000	usd
	us-gaap	Repayments Of Convertible Debt RepaymentsOfConvertibleDebt	2351000	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	547000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	19216000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	8882000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	354000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-2508000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2701000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3146000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3055000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	638000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	1000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	5000	usd
	us-gaap	Interest Paid Net InterestPaidNet	1000	usd
	NXU	Debt Converted To Equity DebtConvertedToEquity	16294000	usd
CY2022Q2	NXU	Research And Development Costs ResearchAndDevelopmentCosts	1600000	usd
	NXU	Research And Development Costs ResearchAndDevelopmentCosts	2400000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	27000000.0	usd
	NXU	Net Cash Flows Used In Operating Activities NetCashFlowsUsedInOperatingActivities	19000000.0	usd
CY2023Q2	us-gaap	Cash Cash	3100000	usd
CY2023Q2	us-gaap	Retained Earnings Appropriated RetainedEarningsAppropriated	245600000	usd
	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_842_eus-gaap--UseOfEstimates_z3dIdcCiiXgj" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><i><span id="xdx_860_zblgm4he7fV5">Use of Estimates</span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Due to uncertainties, actual results could differ from the estimates and assumptions used in preparation of the condensed consolidated financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
	us-gaap	Depreciation Depreciation	300000	usd
CY2022Q2	us-gaap	Depreciation Depreciation	60000.00	usd
	us-gaap	Depreciation Depreciation	120000	usd
	NXU	Convertible Debt Issued During Period ConvertibleDebtIssuedDuringPeriod	7330000	usd
	us-gaap	Conversion Of Stock Amount Issued1 ConversionOfStockAmountIssued1	16296000	usd
	us-gaap	Repayments Of Convertible Debt RepaymentsOfConvertibleDebt	2351000	usd
CY2022Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	98000	usd
CY2023Q2	us-gaap	Inventory Work In Process InventoryWorkInProcess	930000	usd
CY2023Q2	us-gaap	Inventory Net InventoryNet	930000	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	98000	usd
CY2023Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	548000	usd
CY2022Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	358000	usd
CY2023Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2072000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2441000	usd
CY2023Q2	us-gaap	Depreciation Depreciation	160000	usd
CY2023Q2	us-gaap	Prepaid Insurance PrepaidInsurance	865000	usd
CY2022Q4	us-gaap	Prepaid Insurance PrepaidInsurance	765000	usd
CY2023Q2	us-gaap	Prepaid Rent PrepaidRent	114000	usd
CY2022Q4	us-gaap	Prepaid Rent PrepaidRent	3000	usd
CY2023Q2	us-gaap	Other Prepaid Expense Current OtherPrepaidExpenseCurrent	229000	usd
CY2022Q4	us-gaap	Other Prepaid Expense Current OtherPrepaidExpenseCurrent	100000	usd
CY2023Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	1208000	usd
CY2022Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	868000	usd
CY2023Q2	us-gaap	Deposits Assets Current DepositsAssetsCurrent	1020000.00	usd
CY2022Q4	us-gaap	Deposits Assets Current DepositsAssetsCurrent	120000	usd
CY2023Q2	us-gaap	Payments To Acquire Oil And Gas Property And Equipment PaymentsToAcquireOilAndGasPropertyAndEquipment	770000	usd
	us-gaap	Debt Securities Unrealized Gain Loss DebtSecuritiesUnrealizedGainLoss	2215000	usd
CY2023Q2	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	1767000	usd
CY2022Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	2985000	usd
CY2023Q2	us-gaap	Accrued Employee Benefits Current And Noncurrent AccruedEmployeeBenefitsCurrentAndNoncurrent	679000	usd
CY2022Q4	us-gaap	Accrued Employee Benefits Current And Noncurrent AccruedEmployeeBenefitsCurrentAndNoncurrent	224000	usd
CY2023Q2	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	5000	usd
CY2023Q2	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	2451000	usd
CY2022Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	3209000	usd
CY2022Q4	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	16500000	usd
CY2022	NXU	Operating Loss Carryforwards Expiration Date1 OperatingLossCarryforwardsExpirationDate1	2037
CY2017	NXU	Corporate Tax Rate CorporateTaxRate	0.21	pure
	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	6900000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	56000000	usd
CY2023Q2	us-gaap	Liability For Uncertain Tax Positions Current LiabilityForUncertainTaxPositionsCurrent	0	usd
CY2022Q2	us-gaap	Liability For Uncertain Tax Positions Current LiabilityForUncertainTaxPositionsCurrent	0	usd
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.40
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.40
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-2.06
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-2.06
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.98
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.98
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-2.14
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-2.14
CY2023Q2	us-gaap	Share Based Compensation ShareBasedCompensation	5654000	usd
CY2022Q2	us-gaap	Share Based Compensation ShareBasedCompensation	10252000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	11617000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	24207000	usd
CY2023Q2	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	30700000	usd
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y10M24D
CY2023Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	350000	shares
CY2023Q2	us-gaap	Common Stock Capital Shares Reserved For Future Issuance CommonStockCapitalSharesReservedForFutureIssuance	250000	shares
CY2023Q2	NXU	Common Stock Relating To Portion Of Outstanding Stock Options And Restricted Stock CommonStockRelatingToPortionOfOutstandingStockOptionsAndRestrictedStock	100000	shares
CY2023Q2	us-gaap	Capital Units Authorized CapitalUnitsAuthorized	5010000000	shares
CY2023Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2023Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2023Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	72000223	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	40889208	shares
	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	9000000	usd
CY2022Q4	us-gaap	Convertible Debt ConvertibleDebt	10911000	usd
CY2023Q2	us-gaap	Convertible Debt ConvertibleDebt	1809000	usd
CY2023Q2	us-gaap	Convertible Debt Fair Value Disclosures ConvertibleDebtFairValueDisclosures	1809000	usd
CY2022Q4	us-gaap	Convertible Debt Fair Value Disclosures ConvertibleDebtFairValueDisclosures	10911000	usd
CY2023Q2	NXU	Convertible Notes Contractual Principal Outstanding ConvertibleNotesContractualPrincipalOutstanding	1353000	usd
CY2022Q4	NXU	Convertible Notes Contractual Principal Outstanding ConvertibleNotesContractualPrincipalOutstanding	10000000	usd
CY2023Q2	NXU	Fair Value Less Unpaid Principal Balance FairValueLessUnpaidPrincipalBalance	456000	usd
CY2022Q4	NXU	Fair Value Less Unpaid Principal Balance FairValueLessUnpaidPrincipalBalance	911000	usd
CY2022Q4	NXU	Warrant Liability WarrantLiability	374000	usd
	us-gaap	Proceeds From Issuance Of Warrants ProceedsFromIssuanceOfWarrants	9754000	usd
	NXU	Series Warrants Exercised During Period SeriesWarrantsExercisedDuringPeriod	-3300000	usd
	NXU	Unrealized Loss Warrant Liability UnrealizedLossWarrantLiability	-4319000	usd
CY2023Q2	NXU	Warrant Liability WarrantLiability	2509000	usd
CY2023Q2	NXU	Convertible Debt And Warrant Liability At Fair Value ConvertibleDebtAndWarrantLiabilityAtFairValue	4318000	usd
CY2022Q4	NXU	Convertible Debt And Warrant Liability At Fair Value ConvertibleDebtAndWarrantLiabilityAtFairValue	11285000	usd
CY2023Q1	NXU	Warrants To Purchase WarrantsToPurchase	1905750	shares

Files In Submission

Name	View Source	Status
0001214659-23-011128-index-headers.html	Edgar Link	pending
0001214659-23-011128-index.html	Edgar Link	pending
0001214659-23-011128.txt	Edgar Link	pending
0001214659-23-011128-xbrl.zip	Edgar Link	pending
ex31_1.htm	Edgar Link	pending
ex31_2.htm	Edgar Link	pending
ex32_1.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
n8423010q.htm	Edgar Link	pending
nxu-20230630.xsd	Edgar Link	pending
nxu_logo.jpg	Edgar Link	pending
R1.htm	Edgar Link	pending
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FilingSummary.xml	Edgar Link	unprocessable
nxu-20230630_cal.xml	Edgar Link	unprocessable
nxu-20230630_def.xml	Edgar Link	unprocessable
nxu-20230630_lab.xml	Edgar Link	unprocessable
nxu-20230630_pre.xml	Edgar Link	unprocessable
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R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$NXU
Nxu, Inc. Stock $nxu

2023 Q2 Form 10-Q Financial Statement

#000121465923011128 Filed on August 14, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NXU Nxu, Inc. Stock $nxu

2023 Q2 Form 10-Q Financial Statement

#000121465923011128 Filed on August 14, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NXU
Nxu, Inc. Stock $nxu