2021 Q4 Form 10-K Financial Statement

#000181949322000013 Filed on March 30, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $3.302M $5.048M $943.0K
YoY Change 250.16% 91.14%
Cost Of Revenue $5.735M $7.410M $702.0K
YoY Change 716.95% 216.53%
Gross Profit -$2.433M -$2.362M $241.0K
YoY Change -1109.54% -887.33%
Gross Profit Margin -73.68% -46.79% 25.56%
Selling, General & Admin $10.44M $30.72M $3.035M
YoY Change 243.86% 495.62%
% of Gross Profit 1259.34%
Research & Development $13.21M $20.08M $2.140M
YoY Change 517.29% 186.2%
% of Gross Profit 887.97%
Depreciation & Amortization $108.0K $736.0K $148.0K
YoY Change -27.03% 148.65%
% of Gross Profit 61.41%
Operating Expenses $23.02M $50.79M $5.254M
YoY Change 338.1% 317.29%
Operating Profit -$25.45M -$53.16M -$5.013M
YoY Change 407.7% 347.73%
Interest Expense $12.58M $18.54M -$2.609M
YoY Change -582.33% -486.57%
% of Operating Profit
Other Income/Expense, Net $24.31M $38.00K -$4.000K
YoY Change -607800.0% -101.16%
Pretax Income $11.44M $23.40M -$7.626M
YoY Change -250.03% -240.42%
Income Tax $2.000K $2.000K
% Of Pretax Income 0.02% 0.01%
Net Earnings $11.44M $23.40M -$7.626M
YoY Change -250.0% -240.4%
Net Earnings / Revenue 346.43% 463.57% -808.7%
Basic Earnings Per Share $0.22
Diluted Earnings Per Share $69.88K $0.22 -$47.02K
COMMON SHARES
Basic Shares Outstanding 162.9M shares 105.6M shares
Diluted Shares Outstanding 107.8M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $110.8M $113.6M $10.36M
YoY Change 969.97% 996.83%
Cash & Equivalents $16.14M $16.14M $10.36M
Short-Term Investments $94.70M $97.48M $0.00
Other Short-Term Assets $18.10M $18.10M $0.00
YoY Change 32223.21%
Inventory $30.88M $30.88M $1.867M
Prepaid Expenses
Receivables $3.353M $3.353M $408.0K
Other Receivables $0.00 $0.00
Total Short-Term Assets $166.0M $166.0M $12.69M
YoY Change 1207.79% 1207.79%
LONG-TERM ASSETS
Property, Plant & Equipment $7.426M $7.426M $1.084M
YoY Change 585.06% 585.06%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $54.82M $54.82M
YoY Change
Other Assets $506.0K $506.0K $0.00
YoY Change
Total Long-Term Assets $62.75M $62.75M $1.084M
YoY Change 5688.56% 5688.56%
TOTAL ASSETS
Total Short-Term Assets $166.0M $166.0M $12.69M
Total Long-Term Assets $62.75M $62.75M $1.084M
Total Assets $228.7M $228.7M $13.77M
YoY Change 1560.42% 1560.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.12M $10.12M $1.168M
YoY Change 766.61% 766.61%
Accrued Expenses $4.303M $3.997M $1.837M
YoY Change 134.24% 36.84%
Deferred Revenue $899.0K $731.0K
YoY Change 22.98%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $482.0K $482.0K
YoY Change -97.39%
Total Short-Term Liabilities $15.98M $15.98M $32.94M
YoY Change -51.48% -51.48%
LONG-TERM LIABILITIES
Long-Term Debt $1.594M $1.594M
YoY Change 860.24%
Other Long-Term Liabilities $36.74M $36.74M
YoY Change
Total Long-Term Liabilities $38.33M $38.33M
YoY Change 22990.36%
TOTAL LIABILITIES
Total Short-Term Liabilities $15.98M $15.98M $32.94M
Total Long-Term Liabilities $38.33M $38.33M
Total Liabilities $54.31M $54.31M $33.11M
YoY Change 64.04% 64.04%
SHAREHOLDERS EQUITY
Retained Earnings -$4.093M -$27.49M
YoY Change -85.11%
Common Stock $16.00K $7.000K
YoY Change 128.57%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $174.4M $174.4M -$27.20M
YoY Change
Total Liabilities & Shareholders Equity $228.7M $228.7M $13.77M
YoY Change 1560.42% 1560.42%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income $11.44M $23.40M -$7.626M
YoY Change -250.0% -240.4%
Depreciation, Depletion And Amortization $108.0K $736.0K $148.0K
YoY Change -27.03% 148.65%
Cash From Operating Activities -$35.76M -$88.90M -$8.298M
YoY Change 330.95% 620.5%
INVESTING ACTIVITIES
Capital Expenditures -$1.572M $4.915M -$264.0K
YoY Change 495.45% 1107.62%
Acquisitions
YoY Change
Other Investing Activities -$150.2M -$150.2M
YoY Change
Cash From Investing Activities -$151.8M -$155.1M -$264.0K
YoY Change 57400.0% 38018.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -652.0K $252.9M 10.05M
YoY Change -106.49% 995.32%
NET CHANGE
Cash From Operating Activities -35.76M -$88.90M -8.298M
Cash From Investing Activities -151.8M -$155.1M -264.0K
Cash From Financing Activities -652.0K $252.9M 10.05M
Net Change In Cash -188.2M $8.817M 1.487M
YoY Change -12757.16% -14.73%
FREE CASH FLOW
Cash From Operating Activities -$35.76M -$88.90M -$8.298M
Capital Expenditures -$1.572M $4.915M -$264.0K
Free Cash Flow -$34.19M -$93.81M -$8.034M
YoY Change 325.54% 636.05%

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CY2021 xos Temporary Equity Stock Issued During Period Shares Conversion Of Convertible Securities
TemporaryEquityStockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
-52905000 shares
CY2021 xos Temporary Equity Stock Issued During Period Value Conversion Of Convertible Securities
TemporaryEquityStockIssuedDuringPeriodValueConversionOfConvertibleSecurities
-79708000 USD
CY2021 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
79772000 USD
CY2021 xos Reverse Recapitalization Transaction Costs
ReverseRecapitalizationTransactionCosts
55424000 USD
CY2021 xos Stock Issued During Period Value Reverse Recapitalization
StockIssuedDuringPeriodValueReverseRecapitalization
20721000 USD
CY2021 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
196000000 USD
CY2021 xos Adjustments To Additional Paid In Capital Warrants Recognized In Reverse Recapitalization
AdjustmentsToAdditionalPaidInCapitalWarrantsRecognizedInReverseRecapitalization
17891000 USD
CY2021 xos Adjustments To Additional Paid In Capital Recognition Of Derivative Instrument Contingent Consideration Liability
AdjustmentsToAdditionalPaidInCapitalRecognitionOfDerivativeInstrumentContingentConsiderationLiability
101744000 USD
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
23020000 USD
CY2021Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
0 shares
CY2021Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0 USD
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
174393000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
23401000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-16667000 USD
CY2021 us-gaap Depreciation
Depreciation
736000 USD
CY2020 us-gaap Depreciation
Depreciation
296000 USD
CY2020 us-gaap Paid In Kind Interest
PaidInKindInterest
1712000 USD
CY2020 us-gaap Inventory Write Down
InventoryWriteDown
0 USD
CY2021 us-gaap Paid In Kind Interest
PaidInKindInterest
0 USD
CY2021 xos Write Off Of Shares Subscribed But Unissued Subscriptions Receivable
WriteOffOfSharesSubscribedButUnissuedSubscriptionsReceivable
379000 USD
CY2020 xos Write Off Of Shares Subscribed But Unissued Subscriptions Receivable
WriteOffOfSharesSubscribedButUnissuedSubscriptionsReceivable
0 USD
CY2021 us-gaap Extinguishment Of Debt Gain Loss Net Of Tax
ExtinguishmentOfDebtGainLossNetOfTax
-14104000 USD
CY2020 us-gaap Extinguishment Of Debt Gain Loss Net Of Tax
ExtinguishmentOfDebtGainLossNetOfTax
0 USD
CY2021 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
18498000 USD
CY2020 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-1510000 USD
CY2021 xos Derivative Instrument Change In Amount Of Contingent Consideration Liability
DerivativeInstrumentChangeInAmountOfContingentConsiderationLiability
-72505000 USD
CY2020 xos Derivative Instrument Change In Amount Of Contingent Consideration Liability
DerivativeInstrumentChangeInAmountOfContingentConsiderationLiability
0 USD
CY2021 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
1000 USD
CY2020 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
0 USD
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
1658000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
12000 USD
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-364000 USD
CY2020 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
16000 USD
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2973000 USD
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
229000 USD
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
17794000 USD
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
41000 USD
CY2021 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
506000 USD
CY2020 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
0 USD
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
29969000 USD
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
297000 USD
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
9009000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-310000 USD
CY2021 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
2696000 USD
CY2020 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
1692000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-88895000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-12338000 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4915000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
407000 USD
CY2021 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
152651000 USD
CY2020 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
0 USD
CY2021 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
2423000 USD
CY2020 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
0 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-155143000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-407000 USD
CY2021 xos Proceeds From Reverse Recapitalization
ProceedsFromReverseRecapitalization
20721000 USD
CY2020 xos Proceeds From Reverse Recapitalization
ProceedsFromReverseRecapitalization
0 USD
CY2021 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
196000000 USD
CY2020 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
0 USD
CY2021 us-gaap Proceeds From Issuance Of Redeemable Convertible Preferred Stock
ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock
31757000 USD
CY2020 us-gaap Proceeds From Issuance Of Redeemable Convertible Preferred Stock
ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock
9570000 USD
CY2021 xos Proceeds From Collection Of Temporary Equity Subscription Receivable
ProceedsFromCollectionOfTemporaryEquitySubscriptionReceivable
2430000 USD
CY2020 xos Proceeds From Collection Of Temporary Equity Subscription Receivable
ProceedsFromCollectionOfTemporaryEquitySubscriptionReceivable
0 USD
CY2021 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
0 USD
CY2020 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
13440000 USD
CY2021 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
2715000 USD
CY2020 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
0 USD
CY2021 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
0 USD
CY2020 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
190000 USD
CY2021 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
444000 USD
CY2020 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
152000 USD
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
11000 USD
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
10000 USD
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
335000 USD
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 USD
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
CY2020 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
30000 USD
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
252855000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
23085000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
8817000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
10340000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10359000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19176000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10359000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
16142000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10359000 USD
CY2021Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
3034000 USD
CY2020Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
0 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19176000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10359000 USD
CY2021 xos Debt Conversion Converted Instrument Interest Payable Amount
DebtConversionConvertedInstrumentInterestPayableAmount
2453000 USD
CY2020 xos Debt Conversion Converted Instrument Interest Payable Amount
DebtConversionConvertedInstrumentInterestPayableAmount
0 USD
CY2021 xos Fair Value Adjustment Of Related Party Debt At Conversion
FairValueAdjustmentOfRelatedPartyDebtAtConversion
3763000 USD
CY2020 xos Fair Value Adjustment Of Related Party Debt At Conversion
FairValueAdjustmentOfRelatedPartyDebtAtConversion
0 USD
CY2021 us-gaap Stock Issued1
StockIssued1
34918000 USD
CY2020 us-gaap Stock Issued1
StockIssued1
0 USD
CY2020 xos Reverse Recapitalization Transaction Costs
ReverseRecapitalizationTransactionCosts
0 USD
CY2021 xos Debt Conversion Converted Instrument Warrants Issued
DebtConversionConvertedInstrumentWarrantsIssued
0 USD
CY2021 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
21540000 USD
CY2020 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
0 USD
CY2021 us-gaap Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
79708000 USD
CY2020 us-gaap Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
0 USD
CY2021 xos Noncash Or Part Noncash Acquisition Warrants Assumed
NoncashOrPartNoncashAcquisitionWarrantsAssumed
17891000 USD
CY2020 xos Noncash Or Part Noncash Acquisition Warrants Assumed
NoncashOrPartNoncashAcquisitionWarrantsAssumed
0 USD
CY2021 us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
101744000 USD
CY2020 us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
0 USD
CY2021 xos Reverse Recapitalization Transaction Costs
ReverseRecapitalizationTransactionCosts
55424000 USD
CY2020 xos Debt Conversion Converted Instrument Warrants Issued
DebtConversionConvertedInstrumentWarrantsIssued
1707000 USD
CY2021 xos Debt Conversion Converted Instrument Preferred Stock Issued And Stock Options Exercised
DebtConversionConvertedInstrumentPreferredStockIssuedAndStockOptionsExercised
0 USD
CY2020 xos Debt Conversion Converted Instrument Preferred Stock Issued And Stock Options Exercised
DebtConversionConvertedInstrumentPreferredStockIssuedAndStockOptionsExercised
2446000 USD
CY2021 us-gaap Use Of Estimates
UseOfEstimates
The preparation of financial statements in conformity with U.S. GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the balance sheet date, as well as reported amounts of revenues and expenses during the reporting periods. The areas with significant estimates and judgments include, among others, contingent Earn-Out shares liability, stock-based compensation, the fair value of the Company’s Common Stock and Preferred Stock, valuation of the convertible notes and the related embedded derivative, SAFE (as defined below), Warrants and warrant liability on Legacy Xos Preferred Stock. Management bases its estimates on historical experience and on various other assumptions believed to be reasonable, the results of which form the basis for making judgments about the carrying values of assets and liabilities. Actual results could differ from those estimates, and such differences could be material to the Company’s financial statements.
CY2021 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Certain prior p</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">eriod balances have been reclassified to conform to the current period presentation in the consolidated financial statements and the accompanying notes, including classification of operating expenses in the consolidated statements of operations and comprehensive income (loss) and other liabilities table in the selected balance sheet data note. The Company reclassified a portion of its payroll related expenses in general and administrative to sales and marketing and research and development. Additionally, the Company reclassified depreciation expense to general and administrative expense. These reclassifications have no effect on previously reported consolidated financial statements.</span>
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2020Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
0 USD
CY2019Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
0 USD
CY2021 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
0 USD
CY2020 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
0 USD
CY2021 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
177000 USD
CY2020 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
0 USD
CY2021Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
177000 USD
CY2020Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
0 USD
CY2020Q4 xos Safe Note Percentage Of Price Per Share In Calculation For Conversion Into Temporary Equity
SAFENotePercentageOfPricePerShareInCalculationForConversionIntoTemporaryEquity
0.80
CY2020Q4 xos Simple Agreement For Future Equity Notes Payable Current
SimpleAgreementForFutureEquityNotesPayableCurrent
30000 USD
CY2020Q4 xos Simple Agreement For Future Equity Notes Payable Current
SimpleAgreementForFutureEquityNotesPayableCurrent
30000 USD
CY2020Q4 xos Simple Agreement For Future Equity Notes Payable Current
SimpleAgreementForFutureEquityNotesPayableCurrent
30000 USD
CY2021 us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<div><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The Company accounts for arrangements as a lease under ASC 840, </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:112%">Leases</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%"> (“ASC 840”), if the arrangement conveys the right to control property, plant, or equipment for a period in exchange for consideration. The Company determines if an arrangement is a lease, or contains a lease, at inception, which is the date the underlying asset is made available for use by the lessor. The Company evaluates all leases for capital or operating classification at their inception. Equipment leases are classified as capital leases, the Company recognizes interest expense associated with the capital lease liability and depreciation expense associated with the capital lease asset. Current portion of the lease liability is based on lease payments due within twelve months of the balance sheet date, and the capital liabilities are increased by interest and reduced by payments each period. The Company’s remaining leases are classified as operating leases. Rent expense is recognized on a straight-line basis over the lease term. The difference between the rent due under the stated periods of the lease compared to that of the straight-line basis is recorded as deferred rent within other current liabilities and other long-term liabilities within the consolidated balance sheets.</span></div><div><span><br/></span></div><div><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The leases have remaining terms from 1 to 6 years.</span></div>
CY2021Q1 xos Proceeds From The Conversion Of Safe Notes
ProceedsFromTheConversionOfSAFENotes
620000 USD
CY2021Q1 xos Temporary Equity Stock Issued During Period Shares New Issues
TemporaryEquityStockIssuedDuringPeriodSharesNewIssues
76471 shares
CY2021 us-gaap Advertising Expense
AdvertisingExpense
378000 USD
CY2020 us-gaap Advertising Expense
AdvertisingExpense
18000 USD
CY2021 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution, which, at times, may exceed the Federal Depository Insurance Corporation coverage limit of $250,000. As of December 31, 2021 and 2020, the Company has not experienced losses on this account and management believes the Company is not exposed to significant risks on such accounts.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">During the year ended December 31, 2021, three customers accounted for 10%, 38%, and 46%, respectively of the Company’s revenues</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">. During the year ended December 31, 2020, three customers accounted for 11%, 40%, and 49% </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">of the Company’s revenues</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">.</span></div>
CY2021 xos Defined Contribution Plan Auto Enrollment Contributions Per Employee Percent
DefinedContributionPlanAutoEnrollmentContributionsPerEmployeePercent
0.03
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
0 USD
CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
0 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
149500000 USD
CY2021 us-gaap Other Than Temporary Impairment Loss Debt Securities Available For Sale
OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale
0 USD
CY2021 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
161000 USD
CY2020 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
132000 USD
CY2021 us-gaap Revenues
Revenues
5048000 USD
CY2020 us-gaap Revenues
Revenues
2641000 USD
CY2021Q4 us-gaap Inventory Net
InventoryNet
30900000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
1900000 USD
CY2021Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
20382000 USD
CY2020Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
1289000 USD
CY2021Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
10659000 USD
CY2020Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
578000 USD
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
901000 USD
CY2020Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
0 USD
CY2021Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1059000 USD
CY2020Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
0 USD
CY2021Q4 us-gaap Inventory Net
InventoryNet
30883000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
1867000 USD
CY2021Q4 xos Prepaid Inventory
PrepaidInventory
7303000 USD
CY2020Q4 xos Prepaid Inventory
PrepaidInventory
8000 USD
CY2021Q4 us-gaap Prepaid Insurance
PrepaidInsurance
4996000 USD
CY2020Q4 us-gaap Prepaid Insurance
PrepaidInsurance
48000 USD
CY2021Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
2783000 USD
CY2020Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
0 USD
CY2021Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
1848000 USD
CY2020Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
0 USD
CY2021Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
801000 USD
CY2020Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
0 USD
CY2021Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
119000 USD
CY2020Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
0 USD
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
17850000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
56000 USD
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
3997000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1837000 USD
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
0 USD
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
899000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
731000 USD
CY2021Q4 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
177000 USD
CY2020Q4 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
0 USD
CY2020Q4 us-gaap Interest Payable Current
InterestPayableCurrent
2453000 USD
CY2021Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
306000 USD
CY2020Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
121000 USD
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
5379000 USD
CY2020Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
5142000 USD
CY2021Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2021Q3 xos Recapitalization Exchange Ratio
RecapitalizationExchangeRatio
1.956440
CY2021Q3 xos Stock Issued During Period Shares Reverse Recapitalization
StockIssuedDuringPeriodSharesReverseRecapitalization
142584621 shares
CY2021Q3 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
19600000 shares
CY2021Q3 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
10.00
CY2021Q3 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
196000000 USD
CY2021Q3 xos Sale Of Stock Consideration Not Funded
SaleOfStockConsiderationNotFunded
4000000 USD
CY2021Q3 xos Payments Of Reverse Recapitalization Transaction Costs
PaymentsOfReverseRecapitalizationTransactionCosts
44200000 USD
CY2021Q3 xos Derivative Instrument Contingent Consideration Liability
DerivativeInstrumentContingentConsiderationLiability
101700000 USD
CY2021Q3 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
17900000 USD
CY2021 xos Cash Acquired Through Reverse Recapitalization
CashAcquiredThroughReverseRecapitalization
76145000 USD
CY2021 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
196000000 USD
CY2021 xos Payments Of Reverse Recapitalization Underwriters Fees
PaymentsOfReverseRecapitalizationUnderwritersFees
24285000 USD
CY2021 xos Payments Of Reverse Recapitalization Other Transaction Costs
PaymentsOfReverseRecapitalizationOtherTransactionCosts
31139000 USD
CY2021 xos Reverse Recapitalization Net
ReverseRecapitalizationNet
216721000 USD
CY2021 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
19600000 shares
CY2021 xos Stock Issued During Period Shares Reverse Recapitalization
StockIssuedDuringPeriodSharesReverseRecapitalization
162184621 shares
CY2021Q3 xos Derivative Instrument Contingent Consideration Liability Shares
DerivativeInstrumentContingentConsiderationLiabilityShares
16200000 shares
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P9Y2M26D
CY2021 xos Debt Securities Available For Sale Unrealized Gain Noncurrent
DebtSecuritiesAvailableForSaleUnrealizedGainNoncurrent
0 USD
CY2021 xos Debt Securities Available For Sale Unrealized Loss Noncurrent
DebtSecuritiesAvailableForSaleUnrealizedLossNoncurrent
295000 USD
CY2021Q3 xos Derivative Instrument Contingent Consideration Liability Fair Value Disclosure
DerivativeInstrumentContingentConsiderationLiabilityFairValueDisclosure
101700000 USD
CY2021Q4 xos Derivative Instrument Contingent Consideration Liability
DerivativeInstrumentContingentConsiderationLiability
29200000 USD
CY2021 xos Derivative Instrument Change In Amount Of Contingent Consideration Liability
DerivativeInstrumentChangeInAmountOfContingentConsiderationLiability
-72500000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Amortized Cost Current
DebtSecuritiesAvailableForSaleAmortizedCostCurrent
94782000 USD
CY2021 xos Debt Securities Available For Sale Unrealized Gain Current
DebtSecuritiesAvailableForSaleUnrealizedGainCurrent
1000 USD
CY2021 xos Debt Securities Available For Sale Unrealized Loss Current
DebtSecuritiesAvailableForSaleUnrealizedLossCurrent
87000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Securities Current
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94696000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Amortized Cost Noncurrent
DebtSecuritiesAvailableForSaleAmortizedCostNoncurrent
55111000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
54816000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
149512000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
381000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
0 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
0 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
149512000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
381000 USD
CY2021 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
0 USD
CY2020 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
0 USD
CY2021 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
1000 USD
CY2020 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
0 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
95000 USD
CY2021 xos Debt Securities Available For Sale Maturity Allocated And Single Maturity Date Weighted Average Contractual Maturity Period
DebtSecuritiesAvailableForSaleMaturityAllocatedAndSingleMaturityDateWeightedAverageContractualMaturityPeriod
P0Y9M18D
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2020Q4 xos Common Stock Voting Rights Number Of Votes
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1 vote
CY2021Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
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95000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
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55000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
55000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
150000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
150000 USD
CY2021Q4 xos Capital Stock Shares Authorized
CapitalStockSharesAuthorized
1010000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
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0.0001
CY2021Q4 us-gaap Preferred Stock Shares Authorized
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10000000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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0.02
CY2021 xos Class Of Warrant Or Right Fair Market Value Threshold Consecutive Trading Days Ending On Third Trading Day Prior To Notice Of Redemption
ClassOfWarrantOrRightFairMarketValueThresholdConsecutiveTradingDaysEndingOnThirdTradingDayPriorToNoticeOfRedemption
P10D
CY2020Q4 us-gaap Class Of Warrant Or Right Outstanding
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1 shares
CY2020Q4 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
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319411 shares
CY2020Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
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8.50
CY2020Q4 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P5Y
CY2020Q4 us-gaap Warrants And Rights Outstanding
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1700000 USD
CY2021Q3 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
2700000 USD
CY2020Q4 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Liability
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6400000 USD
CY2021Q4 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Liability
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0 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2671738 shares
CY2020Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
0.01
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
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561413 shares
CY2021 xos Share Based Compensation Arrangement By Share Based Payment Award Options Exercised Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedWeightedAverageGrantDateFairValue
0.02
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.02
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
27000 USD
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0.02
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
271566 shares
CY2021 xos Share Based Compensation Arrangement By Share Based Payment Award Options Forfeited In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeitedInPeriodWeightedAverageGrantDateFairValue
0.03
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0.04
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
0.02
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P8Y2M19D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
5756797 USD
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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482868 shares
CY2021 xos Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Exercisable Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExercisableWeightedAverageGrantDateFairValue
0.02
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
5800000 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
4000000 USD
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0.02
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P7Y11M26D
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
1511159 USD
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1700000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15000 USD
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1658000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15000 USD
CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
6400000 USD
CY2021 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y11M23D
CY2020Q4 xos Simple Agreement For Future Equity Notes Payable Current
SimpleAgreementForFutureEquityNotesPayableCurrent
30000 USD
CY2020Q4 xos Safe Note Price Per Share In Calculation For Conversion Into Temporary Equity
SAFENotePricePerShareInCalculationForConversionIntoTemporaryEquity
30 USD
CY2020Q4 xos Safe Note Percentage Of Price Per Share In Calculation For Conversion Into Temporary Equity
SAFENotePercentageOfPricePerShareInCalculationForConversionIntoTemporaryEquity
0.80
CY2021Q1 xos Proceeds From The Conversion Of Safe Notes
ProceedsFromTheConversionOfSAFENotes
620000 USD
CY2020Q4 xos Simple Agreement For Future Equity Notes Payable Current
SimpleAgreementForFutureEquityNotesPayableCurrent
30000 USD
CY2021Q1 xos Temporary Equity Stock Issued During Period Shares New Issues
TemporaryEquityStockIssuedDuringPeriodSharesNewIssues
76471 shares
CY2021Q4 us-gaap Property Plant And Equipment Gross
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8897000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1761000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1471000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
677000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7426000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1084000 USD
CY2021 us-gaap Depreciation
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736000 USD
CY2020 us-gaap Depreciation
Depreciation
296000 USD
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
1167000 USD
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
1158000 USD
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
1192000 USD
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
1228000 USD
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1265000 USD
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
106000 USD
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
6116000 USD
CY2021Q4 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
442000 USD
CY2021Q4 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
386000 USD
CY2021 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
765000 USD
CY2020 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
234000 USD
CY2021Q4 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
482000 USD
CY2021Q4 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
401000 USD
CY2021Q4 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
339000 USD
CY2021Q4 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
27000 USD
CY2021Q4 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
2077000 USD
CY2021 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
141000 USD
CY2020 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
141000 USD
CY2021Q4 us-gaap Notes Payable Related Parties Current And Noncurrent
NotesPayableRelatedPartiesCurrentAndNoncurrent
364000 USD
CY2021Q4 xos Notes Payable Related Parties Interest Rate Stated Percentage
NotesPayableRelatedPartiesInterestRateStatedPercentage
0.0238
CY2021Q4 us-gaap Notes Payable Related Parties Current And Noncurrent
NotesPayableRelatedPartiesCurrentAndNoncurrent
364000 USD
CY2021 xos Effective Income Tax Rate Reconciliation Adjustments On Convertible Notes Percent
EffectiveIncomeTaxRateReconciliationAdjustmentsOnConvertibleNotesPercent
0.1266
CY2020 xos Notes Payable Related Parties Accrued Interest
NotesPayableRelatedPartiesAccruedInterest
15000 USD
CY2021 xos Number Of Vehicles Acquired From Related Party
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2 vehicle
CY2021 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
15000 USD
CY2020 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
6500 USD
CY2021 xos Notes Payable Related Parties Number Of Notes Payable Converted
NotesPayableRelatedPartiesNumberOfNotesPayableConverted
34 note_payable
CY2021Q4 xos Temporary Equity Stock Issued During Period To Related Parties Value Conversion Of Convertible Securities
TemporaryEquityStockIssuedDuringPeriodToRelatedPartiesValueConversionOfConvertibleSecurities
18900000 USD
CY2021Q4 xos Temporary Equity Stock Issued During Period To Related Parties Shares Conversion Of Convertible Securities
TemporaryEquityStockIssuedDuringPeriodToRelatedPartiesSharesConversionOfConvertibleSecurities
19664000 USD
CY2021Q4 us-gaap Due To Employees Current And Noncurrent
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57000 USD
CY2020Q4 us-gaap Due To Employees Current And Noncurrent
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35000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
23403000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-16667000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
0 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
0 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
23403000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-16667000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
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0 USD
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0 USD
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 USD
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
0 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 USD
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2100
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
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0.0011
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
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0
CY2021 xos Effective Income Tax Rate Reconciliation Adjustments On Earnout Interests Liability Percent
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-0.6506
CY2020 xos Effective Income Tax Rate Reconciliation Adjustments On Earnout Interests Liability Percent
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0
CY2021 xos Effective Income Tax Rate Reconciliation Adjustments On Derivative Liability Percent
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-0.1660
CY2020 xos Effective Income Tax Rate Reconciliation Adjustments On Derivative Liability Percent
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0
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
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0.0001
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2020 xos Effective Income Tax Rate Reconciliation Adjustments On Convertible Notes Percent
EffectiveIncomeTaxRateReconciliationAdjustmentsOnConvertibleNotesPercent
0
CY2021 xos Effective Income Tax Rate Reconciliation Transaction Costs Percent
EffectiveIncomeTaxRateReconciliationTransactionCostsPercent
-0.2191
CY2020 xos Effective Income Tax Rate Reconciliation Transaction Costs Percent
EffectiveIncomeTaxRateReconciliationTransactionCostsPercent
0
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.0318
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.2033
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.9200
CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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0
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.0132
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
18649000 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
0 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards General Business
DeferredTaxAssetsTaxCreditCarryforwardsGeneralBusiness
1180000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards General Business
DeferredTaxAssetsTaxCreditCarryforwardsGeneralBusiness
0 USD
CY2021Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
2376000 USD
CY2020Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
0 USD
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
603000 USD
CY2020Q4 us-gaap Deferred Tax Assets Other
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0 USD
CY2021Q4 us-gaap Deferred Tax Assets Gross
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22808000 USD
CY2020Q4 us-gaap Deferred Tax Assets Gross
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0 USD
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
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21530000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
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0 USD
CY2021Q4 us-gaap Deferred Tax Assets Net
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1278000 USD
CY2020Q4 us-gaap Deferred Tax Assets Net
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0 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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1278000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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0 USD
CY2021Q4 us-gaap Deferred Income Tax Liabilities
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1278000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
0 USD
CY2021Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0 USD
CY2020Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0 USD
CY2021Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
130900000 USD
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
21500000 USD
CY2021 xos Adjustments To Additional Paid In Capital Expected Increase Upon Deferred Tax Valuation Allowance Reversal
AdjustmentsToAdditionalPaidInCapitalExpectedIncreaseUponDeferredTaxValuationAllowanceReversal
2400000 USD
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
72027000 shares
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.23
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
105568000 shares
CY2021 us-gaap Net Income Loss
NetIncomeLoss
23401000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-16667000 USD
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
105568000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
72027000 shares
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.22
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
107786000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
72027000 shares
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.22
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.23
CY2020Q4 us-gaap Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
0 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
0 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
0 USD

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