XML 30 R17.htm IDEA: XBRL DOCUMENT v3.24.3
STOCKHOLDERS’ EQUITY
 9 Months Ended
Sep. 30, 2024
Equity [Abstract]  
STOCKHOLDERS’ EQUITY STOCKHOLDERS’ EQUITY
Treasury Stock
During the year ended December 31, 2021, the Company repurchased an aggregate of 857,825 shares of its common stock, including 712,742 shares from certain employees and 145,083 shares from Board of Directors of the Company’s predecessor, Atieva, Inc. at $24.15 per share. No common stock was repurchased during the three and nine months ended September 30, 2024 and 2023.
Common Stock Reserved for Issuance
The Company’s common stock reserved for future issuances as of September 30, 2024 was as follows:
September 30, 2024
Private Placement Warrants to purchase common stock44,350,000 
Stock options outstanding28,845,241 
Restricted stock units outstanding116,174,433 
Shares available for future grants under equity plans51,144,960 
If-converted common shares from convertible note36,737,785 
If-converted common shares from Series A redeemable convertible preferred stock
291,019,450 
If-converted common shares from Series B redeemable convertible preferred stock
173,206,009 
Total shares of common stock reserved741,477,878