2023 Q3 Form 10-Q Financial Statement
#000121465923014792 Filed on November 13, 2023
Income Statement
Concept | 2023 Q3 | 2022 Q4 | 2022 Q3 |
---|---|---|---|
Revenue | $117.0K | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | $1.014M | ||
YoY Change | |||
Gross Profit | -$897.0K | ||
YoY Change | |||
Gross Profit Margin | -766.67% | ||
Selling, General & Admin | $9.440M | $8.157M | $15.54M |
YoY Change | -39.24% | -93.82% | |
% of Gross Profit | |||
Research & Development | $2.241M | $7.112M | $670.0K |
YoY Change | 234.48% | 329.63% | 49.89% |
% of Gross Profit | |||
Depreciation & Amortization | $160.0K | $155.0K | $77.00K |
YoY Change | 107.79% | 91.26% | 1440.0% |
% of Gross Profit | |||
Operating Expenses | $11.84M | $15.27M | $16.21M |
YoY Change | -26.92% | -88.58% | -80.87% |
Operating Profit | -$12.74M | -$16.21M | |
YoY Change | -21.38% | -80.87% | |
Interest Expense | $33.00K | -$2.287M | -$5.000K |
YoY Change | -760.0% | ||
% of Operating Profit | |||
Other Income/Expense, Net | $1.790M | $1.000K | $58.00K |
YoY Change | 2986.21% | -101.84% | -33.33% |
Pretax Income | -$10.95M | -$17.56M | -$16.15M |
YoY Change | -32.19% | -86.87% | |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$10.95M | -$17.56M | -$16.15M |
YoY Change | -32.18% | -86.87% | -80.92% |
Net Earnings / Revenue | -9359.83% | ||
Basic Earnings Per Share | -$0.22 | $2.06 | |
Diluted Earnings Per Share | -$0.22 | -$1.80 | -$410.7K |
COMMON SHARES | |||
Basic Shares Outstanding | 49.10M shares | 7.849M shares | |
Diluted Shares Outstanding | 49.10M shares | 7.849M shares |
Balance Sheet
Concept | 2023 Q3 | 2022 Q4 | 2022 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $2.030M | $2.701M | $1.414M |
YoY Change | 43.56% | ||
Cash & Equivalents | $2.028M | $2.701M | $1.414M |
Short-Term Investments | |||
Other Short-Term Assets | $630.0K | $966.0K | $216.0K |
YoY Change | 191.67% | ||
Inventory | $0.00 | $98.00K | |
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $2.653M | $3.667M | $1.662M |
YoY Change | 59.63% | 6.7% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $3.141M | $2.441M | $1.724M |
YoY Change | 82.19% | 149.07% | |
Goodwill | |||
YoY Change | |||
Intangibles | $10.00K | $10.00K | |
YoY Change | -9.7% | ||
Long-Term Investments | $122.0K | $391.0K | |
YoY Change | |||
Other Assets | $680.0K | $122.0K | $390.0K |
YoY Change | 74.36% | ||
Total Long-Term Assets | $5.539M | $3.371M | $3.069M |
YoY Change | 80.48% | 186.29% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $2.653M | $3.667M | $1.662M |
Total Long-Term Assets | $5.539M | $3.371M | $3.069M |
Total Assets | $8.192M | $7.038M | $4.731M |
YoY Change | 73.16% | 52.53% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $3.650M | $1.523M | $1.368M |
YoY Change | 166.81% | 2211.01% | |
Accrued Expenses | $870.0K | $1.686M | $595.0K |
YoY Change | 46.22% | 911.49% | |
Deferred Revenue | $410.0K | $523.0K | |
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $157.0K | ||
YoY Change | |||
Total Short-Term Liabilities | $5.330M | $4.243M | $3.094M |
YoY Change | 72.27% | 498.42% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.450M | $10.91M | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $300.0K | $932.0K | $692.0K |
YoY Change | -56.65% | ||
Total Long-Term Liabilities | $300.0K | $11.84M | $692.0K |
YoY Change | -56.65% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $5.330M | $4.243M | $3.094M |
Total Long-Term Liabilities | $300.0K | $11.84M | $692.0K |
Total Liabilities | $12.45M | $16.09M | $3.786M |
YoY Change | 228.9% | 1879.41% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$256.6M | -$218.6M | -$201.1M |
YoY Change | 27.62% | 47.78% | |
Common Stock | |||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$4.260M | -$9.048M | $945.0K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $8.192M | $7.038M | $4.731M |
YoY Change | 73.16% | 52.53% |
Cashflow Statement
Concept | 2023 Q3 | 2022 Q4 | 2022 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$10.95M | -$17.56M | -$16.15M |
YoY Change | -32.18% | -86.87% | -80.92% |
Depreciation, Depletion And Amortization | $160.0K | $155.0K | $77.00K |
YoY Change | 107.79% | 91.26% | 1440.0% |
Cash From Operating Activities | -$4.740M | -$7.609M | -$4.510M |
YoY Change | 5.09% | 17.81% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | $1.190M | $393.0K | -$1.335M |
YoY Change | -189.16% | -143.15% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $0.00 | $230.0K |
YoY Change | -100.0% | -100.0% | |
Cash From Investing Activities | -$1.190M | -$393.0K | -$1.105M |
YoY Change | 7.73% | -58.69% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 4.900M | 9.289M | 6.391M |
YoY Change | -23.33% | -6.19% | |
NET CHANGE | |||
Cash From Operating Activities | -4.740M | -7.609M | -4.510M |
Cash From Investing Activities | -1.190M | -393.0K | -1.105M |
Cash From Financing Activities | 4.900M | 9.289M | 6.391M |
Net Change In Cash | -1.030M | 1.287M | 776.1K |
YoY Change | -232.71% | -48.36% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$4.740M | -$7.609M | -$4.510M |
Capital Expenditures | $1.190M | $393.0K | -$1.335M |
Free Cash Flow | -$5.930M | -$8.002M | -$3.176M |
YoY Change | 86.73% | 44.24% |
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1494000 | usd |
us-gaap |
Advertising Expense
AdvertisingExpense
|
284000 | usd | |
us-gaap |
Advertising Expense
AdvertisingExpense
|
5131000 | usd | |
CY2023Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
11844000 | usd |
CY2022Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
16206000 | usd |
us-gaap |
Operating Expenses
OperatingExpenses
|
40088000 | usd | |
us-gaap |
Operating Expenses
OperatingExpenses
|
53531000 | usd | |
CY2023Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-12741000 | usd |
CY2022Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-16206000 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-40985000 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-53531000 | usd | |
CY2023Q3 | us-gaap |
Interest Expense
InterestExpense
|
33000 | usd |
CY2022Q3 | us-gaap |
Interest Expense
InterestExpense
|
5000 | usd |
us-gaap |
Interest Expense
InterestExpense
|
73000 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
5000 | usd | |
NXU |
Paycheck Protection Program Forgiveness
PaycheckProtectionProgramForgiveness
|
397000 | usd | |
CY2023Q3 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-80000 | usd |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
30000 | usd | |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-152000 | usd | |
us-gaap |
Other Expenses
OtherExpenses
|
984000 | usd | |
CY2023Q3 | NXU |
Gain On Convertible Debt And Warrant Liability
GainOnConvertibleDebtAndWarrantLiability
|
1903000 | usd |
NXU |
Gain On Convertible Debt And Warrant Liability
GainOnConvertibleDebtAndWarrantLiability
|
4007000 | usd | |
CY2022Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
63000 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
10163000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-16148000 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
945000 | usd |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
33000 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
165000 | usd | |
CY2023Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
1790000 | usd |
CY2022Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
58000 | usd |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
3013000 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
405000 | usd | |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-10951000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-16148000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-37972000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-53126000 | usd | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.22 | |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.22 | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-2.06 | |
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-2.06 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.09 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.09 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-7.22 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-7.22 | ||
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
49101347 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
49101347 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7848640 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
7848640 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
34875703 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
34875703 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7363248 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
7363248 | shares | |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
543000 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
1247000 | usd |
CY2023Q3 | NXU |
Series B Stock Issued
SeriesBStockIssued
|
1000 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
4730000 | usd |
CY2023Q3 | NXU |
Exercise Of Series B Warrants
ExerciseOfSeriesBWarrants
|
120000 | usd |
CY2023Q3 | NXU |
Conversion Of Long Term Debt
ConversionOfLongTermDebt
|
50000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-10951000 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-4260000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-9048000 | usd |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
6168000 | usd | |
NXU |
Class B Stock Issued
ClassBStockIssued
|
1000 | usd | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
16172000 | usd | |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
106000 | usd | |
NXU |
Exercise Of Series And B Warrants
ExerciseOfSeriesAndBWarrants
|
3420000 | usd | |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
547000 | usd | |
NXU |
Conversion Of Long Term Debt
ConversionOfLongTermDebt
|
16346000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-37972000 | usd | |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-4260000 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
540000 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
6390000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3802000 | usd |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
15272000 | usd | |
NXU |
Shares Issued For Services And Rent Guarantees
SharesIssuedForServicesAndRentGuarantees
|
10000 | usd | |
NXU |
Class B Stock Issued
ClassBStockIssued
|
1000 | usd | |
NXU |
Exchange Of Class C To Class Stock
ExchangeOfClassCToClassStock
|
572000 | usd | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
34414000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-53126000 | usd | |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
945000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-37972000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-53126000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
465000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
193000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
16306000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
34370000 | usd | |
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
|
397000 | usd | |
NXU |
Net Change In Operating Lease Assets And Liabilities
NetChangeInOperatingLeaseAssetsAndLiabilities
|
-22000 | usd | |
NXU |
Net Change In Operating Lease Assets And Liabilities
NetChangeInOperatingLeaseAssetsAndLiabilities
|
-16000 | usd | |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
896000 | usd | |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
30000 | 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
|
4007000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-243000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-42000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
797000 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
558000 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
205000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
500000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
1798000 | usd | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-117000 | usd | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
721000 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
300000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-23703000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-15841000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1571000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1394000 | usd | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
559000 | usd | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
230000 | usd | |
NXU |
Payments On Financing Lease Liability
PaymentsOnFinancingLeaseLiability
|
77000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1089000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1164000 | usd | |
us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
18595000 | usd | |
us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
15273000 | usd | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
7330000 | usd | |
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
2353000 | usd | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
547000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
24119000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
15273000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-673000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-1732000 | 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 |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2028000 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1414000 | 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
|
16464000 | usd | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
196000 | usd | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
193000 | usd | |
NXU |
Stockbased Compensation Expense Capitalized To Property And Equipment
StockbasedCompensationExpenseCapitalizedToPropertyAndEquipment
|
172000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
38000000.0 | usd | |
CY2023Q3 | us-gaap |
Cash
Cash
|
2000000.0 | usd |
CY2023Q3 | us-gaap |
Retained Earnings Appropriated
RetainedEarningsAppropriated
|
256600000 | usd |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_84C_eus-gaap--UseOfEstimates_z86Fcf2mafhg" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><i><span id="xdx_861_zNuPMpvELDMb">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 unaudited condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the unaudited 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> | ||
CY2023Q3 | NXU |
Capitalizes Property And Equipment
CapitalizesPropertyAndEquipment
|
2500 | usd |
CY2023Q3 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
900000 | usd |
CY2023Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
117000 | usd |
CY2023Q3 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
410000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
520000 | usd |
CY2022Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
98000 | usd |
CY2023Q3 | us-gaap |
Inventory Net
InventoryNet
|
0 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
98000 | usd |
CY2023Q3 | us-gaap |
Inventory Net
InventoryNet
|
0 | usd |
CY2023Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3742000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
2799000 | usd |
CY2023Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
662000 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
358000 | usd |
CY2023Q3 | NXU |
Property And Equipment Excluding Construction In Progress Net
PropertyAndEquipmentExcludingConstructionInProgressNet
|
3080000 | usd |
CY2022Q4 | NXU |
Property And Equipment Excluding Construction In Progress Net
PropertyAndEquipmentExcludingConstructionInProgressNet
|
2441000 | usd |
CY2023Q3 | NXU |
Charging Station Equipment Construction In Progress
ChargingStationEquipmentConstructionInProgress
|
61000 | usd |
CY2023Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
3141000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2441000 | usd |
CY2023Q3 | us-gaap |
Depreciation
Depreciation
|
160000 | usd |
us-gaap |
Depreciation
Depreciation
|
460000 | usd | |
CY2022Q3 | us-gaap |
Depreciation
Depreciation
|
80000.00 | usd |
us-gaap |
Depreciation
Depreciation
|
250000 | usd | |
CY2023Q3 | us-gaap |
Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
|
372000 | usd |
CY2023Q3 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
54000 | usd |
CY2022Q4 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
765000 | usd |
CY2022Q4 | us-gaap |
Prepaid Rent
PrepaidRent
|
3000 | usd |
CY2023Q3 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
199000 | usd |
CY2022Q4 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
100000 | usd |
CY2023Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
625000 | usd |
CY2022Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
868000 | usd |
CY2023Q3 | us-gaap |
Security Deposit
SecurityDeposit
|
680000 | usd |
CY2022Q4 | us-gaap |
Security Deposit
SecurityDeposit
|
101000 | usd |
CY2022Q4 | us-gaap |
Deposits Assets
DepositsAssets
|
21000 | usd |
CY2023Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
680000 | usd |
CY2022Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
122000 | usd |
CY2023Q3 | us-gaap |
Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
|
2838000 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
|
1523000 | usd |
CY2023Q3 | us-gaap |
Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
|
466000 | usd |
CY2022Q4 | us-gaap |
Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
|
234000 | usd |
CY2023Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
349000 | usd |
CY2022Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1462000 | usd |
CY2023Q3 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
3653000 | usd |
CY2022Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
3219000 | 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
|
9500000 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
60200000 | usd | |
CY2023Q3 | us-gaap |
Liability For Uncertain Tax Positions Current
LiabilityForUncertainTaxPositionsCurrent
|
0 | usd |
CY2022Q3 | us-gaap |
Liability For Uncertain Tax Positions Current
LiabilityForUncertainTaxPositionsCurrent
|
0 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-10951000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-16148000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-37972000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-53126000 | usd | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
49101347 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
49101347 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7848640 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
7848640 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
34875703 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
34875703 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7363248 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
7363248 | shares | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.22 | |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.22 | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-2.06 | |
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-2.06 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.09 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.09 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-7.22 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-7.22 | ||
us-gaap |
Debt Instrument Term
DebtInstrumentTerm
|
P5Y | ||
CY2023Q3 | us-gaap |
Liabilities Subject To Compromise Early Contract Termination Fees
LiabilitiesSubjectToCompromiseEarlyContractTerminationFees
|
700000 | usd |
NXU |
Legal Liability Payment Term
LegalLiabilityPaymentTerm
|
P21M | ||
CY2023Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
|
4861000 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
|
10163000 | usd |
us-gaap |
Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
|
16478000 | usd | |
us-gaap |
Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
|
34370000 | usd | |
CY2023Q3 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
-172000 | usd |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
-172000 | usd | |
CY2023Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4689000 | usd |
CY2022Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
10163000 | usd |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
16306000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
34370000 | usd | |
CY2023Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
18600000 | usd |
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P1Y | ||
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
350000000 | shares |
CY2023Q3 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
250000000 | shares |
CY2023Q3 | NXU |
Common Stock Relating To Portion Of Outstanding Stock Options And Restricted Stock
CommonStockRelatingToPortionOfOutstandingStockOptionsAndRestrictedStock
|
100000000 | shares |
us-gaap |
Sale Of Stock Description Of Transaction
SaleOfStockDescriptionOfTransaction
|
Company has authority to issue is 5.0 billion shares, consisting of (1) 5.0 billion authorized shares of common stock, including (a) 4.0 billion authorized shares of Class A Common Stock, (b) 1.0 billion authorized shares of Class B common stock and (2) 10.0 million authorized shares of preferred stock, par value $0.0001 per share. | ||
CY2022Q4 | us-gaap |
Convertible Debt
ConvertibleDebt
|
10911000 | usd |
NXU |
Convertible Debt Issued During Period
ConvertibleDebtIssuedDuringPeriod
|
7330000 | usd | |
us-gaap |
Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
|
16344000 | usd | |
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
2353000 | usd | |
NXU |
Change In Fair Value Measurement
ChangeInFairValueMeasurement
|
1902000 | usd | |
CY2023Q3 | us-gaap |
Convertible Debt
ConvertibleDebt
|
1446000 | usd |
CY2022Q4 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
374000 | usd |
us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
13410000 | usd | |
NXU |
Warrants Exercised During Period
WarrantsExercisedDuringPeriod
|
-3420000 | usd | |
NXU |
Unrealized Loss Warrant Liability
UnrealizedLossWarrantLiability
|
-5909000 | usd | |
CY2023Q3 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
4455000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
5901000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
11285000 | usd |
CY2023Q3 | us-gaap |
Convertible Debt Fair Value Disclosures
ConvertibleDebtFairValueDisclosures
|
1446000 | usd |
CY2022Q4 | us-gaap |
Convertible Debt Fair Value Disclosures
ConvertibleDebtFairValueDisclosures
|
10911000 | usd |
CY2023Q3 | NXU |
Convertible Notes Contractual Principal Outstanding
ConvertibleNotesContractualPrincipalOutstanding
|
1303000 | usd |
CY2022Q4 | NXU |
Convertible Notes Contractual Principal Outstanding
ConvertibleNotesContractualPrincipalOutstanding
|
10000000 | usd |
CY2023Q3 | NXU |
Fair Value Less Unpaid Principal Balance
FairValueLessUnpaidPrincipalBalance
|
143000 | usd |
CY2022Q4 | NXU |
Fair Value Less Unpaid Principal Balance
FairValueLessUnpaidPrincipalBalance
|
911000 | usd |