Inventory |
6 Months Ended |
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Jun. 30, 2024 | |
Inventory Disclosure [Abstract] | |
Inventory | Inventory As of June 30, 2024 and December 31, 2023, the inventory balance was $9.3 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 ("LCNRV") is less than the carrying value. No write-downs were recorded for the three and six months ended June 30, 2024 and June 30, 2023.
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- References No definition available.
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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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