Net Income (Loss) per Share - Schedule of Reconciliation of the Basic and Diluted Net Loss Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands |
3 Months Ended | 9 Months Ended | ||||||||
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Sep. 30, 2024 |
Jun. 30, 2024 |
Mar. 31, 2024 |
Sep. 30, 2023 |
Jun. 30, 2023 |
Mar. 31, 2023 |
Sep. 30, 2024 |
Sep. 30, 2023 |
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Numerator: | ||||||||||
Net Income (loss) attributable to Canoo | $ 3,258 | $ (4,960) | $ (110,687) | $ (111,974) | $ (70,870) | $ (90,732) | $ (112,389) | $ (273,576) | ||
Less: dividends on redeemable preferred stock | 1,235 | 0 | 3,174 | 0 | ||||||
Net income (loss) available to common shareholders - Basic | 2,023 | (111,974) | (115,563) | (273,576) | ||||||
Net loss assuming share settlement of instruments | (30,689) | 0 | 0 | 0 | ||||||
Net loss available to common shareholders - diluted | $ (28,666) | $ 0 | $ 0 | $ 0 | ||||||
Weighted-average common shares outstanding: | ||||||||||
Basic (in shares) | [1] | 79,395 | 27,012 | 66,645 | 22,430 | |||||
Assumed settlement of instruments into common shares (in shares) | 13,609 | 0 | 0 | 0 | ||||||
Diluted (in shares) | [1] | 93,004 | 27,012 | 66,645 | 22,430 | |||||
Net income (loss) per common share: | ||||||||||
Basic EPS (in dollars per share) | [1] | $ 0.03 | $ (4.15) | $ (1.73) | $ (12.20) | |||||
Diluted EPS (in dollars per share) | [1] | $ (0.31) | $ (4.15) | $ (1.73) | $ (12.20) | |||||
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- Definition Earnings Per Share, Basic and Diluted EPS No definition available.
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- Definition Net Income Loss Available To Common Stockholders Assuming Share Settlement of Instruments No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of convertible debt securities using the if-converted method. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities, and addition from assumption of issuance of common shares for dilutive potential common shares; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Dividends paid to preferred stock holders that is redeemable solely at the option of the issuer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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