XML 14 R6.htm IDEA: XBRL DOCUMENT v3.22.4
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN NET PARENT EQUITY - USD ($)
Total
Retroactive application of recapitalization
Separation-related adjustment
Adjusted Balance
Common Stock [Member]
Common Stock [Member]
Retroactive application of recapitalization
Common Stock [Member]
Separation-related adjustment
Common Stock [Member]
Adjusted Balance
Net Parent Investment [Member]
Net Parent Investment [Member]
Retroactive application of recapitalization
Additional Paid-in Capital [Member]
Additional Paid-in Capital [Member]
Retroactive application of recapitalization
Additional Paid-in Capital [Member]
Separation-related adjustment
Additional Paid-in Capital [Member]
Adjusted Balance
Accumulated Deficit [Member]
Accumulated Deficit [Member]
Retroactive application of recapitalization
Accumulated Deficit [Member]
Separation-related adjustment
Accumulated Deficit [Member]
Adjusted Balance
Accumulated other comprehensive income (loss)
Accumulated other comprehensive income (loss)
Retroactive application of recapitalization
Accumulated other comprehensive income (loss)
Separation-related adjustment
Accumulated other comprehensive income (loss)
Adjusted Balance
Beginning balance at Dec. 31, 2018 $ (321,207)               $ (321,207)                   $ 0      
Net income (loss) (7,685,519)               (7,685,519)                   0      
Other comprehensive loss (574)               0                   (574)      
Net transfer from Parent 7,528,095               7,528,095                   0      
Ending balance at Dec. 31, 2019 (479,205)               (478,631)                   (574)      
Net income (loss) (9,625,942)               (9,625,942)                   0      
Other comprehensive loss 46,012               0                   46,012      
Net transfer from Parent 9,045,282               9,045,282                   0      
Ending balance at Dec. 31, 2020 (1,013,853) $ 0   $ (1,013,853) $ 0 $ 220,000   $ 220,000 (1,059,291) $ 1,059,291 $ 0 $ 23,442,803   $ 23,442,803 $ 0 $ (24,722,094)   $ (24,722,094) 45,438 $ 0   $ 45,438
Ending balance (Shares) at Dec. 31, 2020         0 220,000,000   220,000,000                            
Net income (loss) (2,509,424)               0           (2,509,424)              
Other comprehensive loss (51,106)               0   0               (51,106)      
Contributions from Parent 3,004,907               0   3,004,907                      
Ending balance at Mar. 31, 2021 (569,476)       $ 220,000       0   26,447,710       (27,231,518)       (5,668)      
Ending balance (Shares) at Mar. 31, 2021         220,000,000                                  
Beginning balance at Dec. 31, 2020 (1,013,853) 0   (1,013,853) $ 0 $ 220,000   $ 220,000 (1,059,291) 1,059,291 0 23,442,803   23,442,803 0 (24,722,094)   (24,722,094) 45,438 0   45,438
Beginning balance (Shares) at Dec. 31, 2020         0 220,000,000   220,000,000                            
Net income (loss) (9,959,944) (1,992,848)                                        
Ending balance at Sep. 30, 2021 13,877,344       $ 220,000       0   48,337,723       (34,682,038)       1,659      
Ending balance (Shares) at Sep. 30, 2021         220,000,000                                  
Beginning balance at Dec. 31, 2020 (1,013,853) 0   (1,013,853) $ 0 $ 220,000   $ 220,000 (1,059,291) $ 1,059,291 0 $ 23,442,803   23,442,803 0 $ (24,722,094)   (24,722,094) 45,438 $ 0   45,438
Beginning balance (Shares) at Dec. 31, 2020         0 220,000,000   220,000,000                            
Net income (loss) (18,255,869) (2,389,083)             (18,255,869)                   0      
Other comprehensive loss (77,664)               0                   (77,664)      
Net transfer from Parent 30,046,775               30,046,775                   0      
Ending balance at Dec. 31, 2021 10,699,389 (2,389,083) $ (675,620) 10,023,769 $ 220,000   $ 0 $ 220,000 10,731,615   53,489,579   $ (707,846) 52,781,733 (42,977,964)   $ 0 (42,977,964) (32,226)   $ 32,226 0
Ending balance (Shares) at Dec. 31, 2021         220,000,000     220,000,000                            
Beginning balance at Mar. 31, 2021 (569,476)       $ 220,000       0   26,447,710       (27,231,518)       (5,668)      
Beginning balance (Shares) at Mar. 31, 2021         220,000,000                                  
Net income (loss) (3,691,418)               0           (3,691,418)              
Other comprehensive loss 50,195               0   0               50,195      
Contributions from Parent 2,283,398               0   2,283,398                      
Ending balance at Jun. 30, 2021 (1,927,301)       $ 220,000       0   28,731,108       (30,922,936)       44,527      
Ending balance (Shares) at Jun. 30, 2021         220,000,000                                  
Net income (loss) (3,759,102) (423,752)                         (3,759,102)              
Other comprehensive loss (42,868)                                   (42,868)      
Contributions from Parent 19,606,615                   19,606,615                      
Ending balance at Sep. 30, 2021 13,877,344       $ 220,000       0   48,337,723       (34,682,038)       1,659      
Ending balance (Shares) at Sep. 30, 2021         220,000,000                                  
Beginning balance at Dec. 31, 2021 10,699,389 (2,389,083) (675,620) 10,023,769 $ 220,000   0 $ 220,000 10,731,615   53,489,579   (707,846) 52,781,733 (42,977,964)   0 (42,977,964) (32,226)   32,226 0
Beginning balance (Shares) at Dec. 31, 2021         220,000,000     220,000,000                            
Net income (loss) (10,010,008)                   0       (10,010,008)              
Contributions from Parent 732,776                   732,776       0              
Ending balance at Mar. 31, 2022 746,537       $ 220,000           53,514,509       (52,987,972)       0      
Ending balance (Shares) at Mar. 31, 2022         220,000,000                                  
Beginning balance at Dec. 31, 2021 10,699,389 $ (2,389,083) $ (675,620) $ 10,023,769 $ 220,000   $ 0 $ 220,000 $ 10,731,615   53,489,579   $ (707,846) $ 52,781,733 (42,977,964)   $ 0 $ (42,977,964) (32,226)   $ 32,226 $ 0
Beginning balance (Shares) at Dec. 31, 2021         220,000,000     220,000,000                            
Net income (loss) (153,976,295)                                          
Ending balance at Sep. 30, 2022 304,675,566       $ 266,371           501,363,454       (196,954,259)       0      
Ending balance (Shares) at Sep. 30, 2022         266,371,485                                  
Beginning balance at Mar. 31, 2022 746,537       $ 220,000           53,514,509       (52,987,972)       0      
Beginning balance (Shares) at Mar. 31, 2022         220,000,000                                  
Net income (loss) (107,221,565)                   0       (107,221,565)              
Reclassification of Public Warrants from liability to equity 10,580,000                   10,580,000                      
Issuance of common stock upon reverse recapitalization, net of fees 315,326,717       $ 43,392           315,283,325       0       0      
Issuance of common stock upon reverse recapitalization, net of fees (in shares)         43,392,132                                  
Issuance of common stock upon vesting of restricted stock units 1,935,988       $ 140           1,935,848                      
Issuance of common stock upon vesting of restricted stock units (in shares)         140,000                                  
Issuance of fully vested New Warrants 87,352,000                   87,352,000                      
Exercise of warrants held by PIPE investor (in shares)         800,000                                  
Exercise of warrants held by PIPE investor 8,000       $ 800           7,200                      
Share based payment with non-employees 1,028,182                   1,028,182                      
Net distribution to Parent (2,105,409)                   (2,105,409)                      
Ending balance at Jun. 30, 2022 307,650,450       $ 264,332           467,595,655       (160,209,537)       0      
Ending balance (Shares) at Jun. 30, 2022         264,332,132                                  
Issuance of Class B common stock to Sponsor 15,000,000       $ 2,039           14,997,961                      
Issuance of Class B common stock to Sponsor (Shares)         2,039,353                                  
Net income (loss) (36,744,722)                           (36,744,722)              
Issuance of common stock under the 2022 Stock Incentive Plan 653,699                   653,699                      
Issuance of fully vested New Warrants 17,424,230                   17,424,230                      
Share based payment with non-employees 691,909                   691,909                      
Ending balance at Sep. 30, 2022 $ 304,675,566       $ 266,371           $ 501,363,454       $ (196,954,259)       $ 0      
Ending balance (Shares) at Sep. 30, 2022         266,371,485