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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 169,817 $ 43,938
Restricted cash 24,616 6,804
Accounts receivable 6,165 2,309
Inventory 1,132,571 171,359
Prepaid expenses and other current assets 9,808 2,880
Total current assets 1,342,977 227,290
Property and equipment, net 5,146 8,231
Other non-current assets 4,959 352
Total assets 1,353,082 235,873
Current liabilities:    
Accounts payable 6,399 2,149
Accrued and other current liabilities 35,027 11,181
Secured credit facilities and notes payable, net 861,762 50,143
Secured credit facilities and notes payable - related party 164,434 126,825
Total current liabilities 1,067,622 190,298
Secured credit facilities and notes payable, net of current portion 4,710
Warrant liabilities 24,061
Other long-term liabilities 3,830
Total liabilities 1,095,513 195,008
Commitments and contingencies (Note 17)
Temporary equity:    
Total temporary equity 0 184,123
Stockholders’ equity (deficit):    
Additional paid in capital 389,601 5,908
Accumulated deficit (132,056) (138,516)
Treasury stock 0 (10,650)
Total stockholders’ equity (deficit) 257,569 (143,258)
TOTAL LIABILITIES, TEMPORARY EQUITY, AND STOCKHOLDERS’ EQUITY (DEFICIT) 1,353,082 235,873
Series A Convertible Preferred Stock    
Temporary equity:    
Total temporary equity 0 14,921
Series A-1 Convertible Preferred Stock    
Temporary equity:    
Total temporary equity 0 7,470
Series A-2 Convertible Preferred Stock    
Temporary equity:    
Total temporary equity 0 7,463
Series B Convertible Preferred Stock    
Temporary equity:    
Total temporary equity 0 49,845
Series C Convertible Preferred Stock    
Temporary equity:    
Total temporary equity 0 104,424
Class A Common Stock    
Stockholders’ equity (deficit):    
Common stock value 22 0
Class B Common Stock    
Stockholders’ equity (deficit):    
Common stock value $ 2 $ 0