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Selected Balance Sheet Data (Tables) | 12 Months Ended
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Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of Prepaid Expenses and Other Current Assets | Prepaid expenses and other current assets for the years ended December 31, 2024 and 2023 consisted of the following (in thousands):
|  | December 31, 2024 |  | December 31, 2023
Prepaid inventories |  | $ | 725 |  |  | $ | 1,745 |
Prepaid expenses and other (1) |  | 2,814 |  |  | 1,291 |
Lease receivable |  | 1,264 |  |  | 1,505 |
Contract assets |  | 1,099 |  |  | 811 |
Financed insurance premiums |  | 1,315 |  |  | 1,310 |
Assets held for sale |  | 651 |  |  | 408 |
Total prepaid expenses and other current assets |  | $ | 7,868 |  |  | $ | 7,070 |
____________ (1) Primarily relates to assets acquired in connection with the ElectraMeccanica acquisition (for 2024), prepaid licenses and subscriptions, prepaid insurance and other receivables.
Schedule of Other Assets, Noncurrent | Other non-current assets as of December 31, 2024 and December 31, 2023 consisted of the following (in thousands):
|  | December 31, 2024 |  | December 31, 2023
Security deposits |  | $ | 1,873 |  |  | $ | 1,599 |
Duty drawback receivable(1) |  | 2,709 |  |  | — |
Lease receivable, non-current |  | 545 |  |  | 107 |
Other non-current assets |  | 1,601 |  |  | 632 |
Total other non-current assets |  | $ | 6,728 |  |  | $ | 2,338 |
___________ (1) Represents the estimated amount that can be recovered from previously paid tariffs relating to crushed SOLO vehicles that were acquired in connection with the ElectraMeccanica acquisition.
Schedule of Other Current Liabilities | Other current liabilities for the years ended December 31, 2024 and 2023 consisted of the following (in thousands):
|  | December 31, 2024 |  | December 31, 2023
Accrued expenses and other (1) |  | $ | 2,886 |  |  | $ | 5,539 |
Accrued interest (2) |  | 4,789 |  |  | — |
Accrued payroll (3) |  | 2,079 |  |  | 1,896 |
Contract liabilities |  | 260 |  |  | 690 |
Customer deposits |  | 1,275 |  |  | 2,364 |
Warranty liability |  | 740 |  |  | 1,306 |
Equipment notes payable, current |  | 377 |  |  | 350 |
Short-term insurance financing notes |  | 1,280 |  |  | 1,003 |
Operating lease liabilities, current |  | 3,028 |  |  | 1,664 |
Finance lease liabilities, current |  | 1,054 |  |  | 2,005 |
Total other current liabilities |  | $ | 17,768 |  |  | $ | 16,817 |
____________ (1) Primarily relates to the liabilities assumed in connection with the ElectraMeccanica acquisition, accrued inventory purchases, accrued professional fees, and other accrued expenses. (2) Represents accrued interest on the Note (as defined in Note 10), which interest is convertible into shares of the Company’s Common Stock at maturity. See Note 10 — Convertible Notes. (3) Primarily relates to payroll liabilities such as accrued payroll, accrued vacation, accrued bonuses and other payroll liabilities.
Schedule of Other Noncurrent Liabilities | Other non-current liabilities as of December 31, 2024 and 2023 consisted of the following (in thousands):
|  | December 31, 2024 |  | December 31, 2023
Accrued interest expense and other |  | $ | 635 |  |  | $ | 2,985 |
Equipment notes payable, non-current |  | 224 |  |  | 593 |
Operating lease liabilities, non-current |  | 16,656 |  |  | 3,511 |
Finance lease liabilities, non-current |  | 418 |  |  | 1,472 |
Total other non-current liabilities |  | $ | 17,933 |  |  | $ | 8,561 |

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- Definition Tabular disclosure of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer; the aggregate carrying amount of current assets, not separately presented elsewhere in the balance sheet; and other deferred costs. + References No definition available. + Details
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- Definition Tabular disclosure of other current liabilities. + References No definition available. + Details
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- Definition Tabular disclosure of other noncurrent liabilities. + References No definition available. + Details
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- Definition Tabular disclosure of noncurrent assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(17)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
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