Quarterly report pursuant to Section 13 or 15(d)

Inventory

v3.24.1.1.u2
Inventory
3 Months Ended
Mar. 31, 2024
Inventory Disclosure [Abstract]  
Inventory Inventory
    As of March 31, 2024 and December 31, 2023, the inventory balance was $6.8 million and $6.2 million, respectively, which consisted primarily of raw materials related to the production of vehicles for sale. The Company writes-down inventory for any excess or obsolete inventories or when we believe that the net realizable value of inventories ("LCRNV") is less than the carrying value. No write-downs were recorded for the three months ended March 31, 2024 and March 31, 2023.