Warrants - Narrative (Details)
|
|
|
|
|
|
|
1 Months Ended |
3 Months Ended |
9 Months Ended |
|
|
|
|
|
|
Aug. 04, 2023
USD ($)
$ / shares
shares
|
Jun. 22, 2023
USD ($)
$ / shares
shares
|
Feb. 05, 2023
USD ($)
$ / shares
shares
|
Jan. 31, 2023
USD ($)
|
Nov. 09, 2022
USD ($)
$ / shares
|
Jul. 11, 2022
USD ($)
$ / shares
shares
|
Feb. 28, 2022
USD ($)
tranche
$ / shares
shares
|
Sep. 30, 2023
USD ($)
$ / shares
shares
|
Jun. 30, 2023
shares
|
Mar. 31, 2023
USD ($)
shares
|
Sep. 30, 2022
USD ($)
shares
|
Jun. 30, 2022
shares
|
Mar. 31, 2022
shares
|
Sep. 30, 2023
USD ($)
$ / shares
shares
|
Sep. 30, 2022
USD ($)
shares
|
Apr. 24, 2023
USD ($)
$ / shares
|
Apr. 23, 2023
USD ($)
|
Feb. 09, 2023
$ / shares
|
Jan. 13, 2023
shares
|
Jul. 22, 2022
$ / shares
|
Jul. 20, 2022
$ / shares
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares of common stock per warrant (shares per warrant) | shares |
|
|
|
|
|
|
|
1
|
|
|
|
|
|
1
|
|
|
|
|
|
|
|
Warrant exercise price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
$ 11.50
|
|
|
|
|
|
$ 11.50
|
|
|
|
|
|
|
|
Number of tranches | tranche |
|
|
|
|
|
|
3
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Earlier terminated (in years) |
|
|
|
|
|
|
|
|
|
|
|
|
|
5 years
|
|
|
|
|
|
|
|
Loss on extinguishment of debt |
|
|
|
|
|
|
|
$ (17,126,000)
|
|
|
$ 0
|
|
|
$ (40,091,000)
|
$ 0
|
|
|
|
|
|
|
Reclassification of warrant liability to additional paid-in capital |
|
|
|
|
|
|
|
|
|
$ 19,510,000
|
|
|
|
$ 19,510,000
|
$ 0
|
|
|
|
|
|
|
Purchase share price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
$ 0.63
|
|
|
|
|
|
$ 0.63
|
|
|
|
|
|
|
|
Dividend yield |
|
|
|
|
|
|
|
|
|
|
|
|
|
0.00%
|
|
|
|
|
|
|
|
PIPE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Issuance of shares under Legal Settlement (Note 11) |
|
|
|
|
$ 10,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Yorkville |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Purchase share price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 0.14
|
|
|
|
$ 0.50
|
$ 1.00
|
Yorkville | Convertible Debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Purchase share price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 0.10
|
|
|
|
|
|
Aggregate fair value |
|
|
|
|
|
|
|
$ 800,000
|
|
|
|
|
|
$ 800,000
|
|
$ 41,400,000
|
$ 45,100,000
|
|
|
|
|
Yorkville | Common stock | Yorkville Warrants |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Issuance of shares under Legal Settlement (Note 11) |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 21,200,000
|
|
|
|
|
|
|
|
Walmart Warrants |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrants vested (in shares) | shares |
|
|
|
|
|
15,300,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Walmart Warrants | Walmart Inc |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of electric vehicles |
|
|
|
|
|
4,500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of electric vehicles, additions |
|
|
|
|
|
5,500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Yorkville Warrants |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrants vested (in shares) | shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
34,200,000
|
|
|
|
|
|
|
|
Securities Purchase Agreement |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrants outstanding (in shares) | shares |
|
|
2,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
June 2023 PIPE | PIPE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Aggregate fair value |
|
$ 7,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrants fair value |
|
|
|
|
|
|
|
6,400,000
|
|
|
|
|
|
$ 6,400,000
|
|
|
|
|
|
|
|
Unrealized loss |
|
|
|
|
|
|
|
(200,000)
|
|
|
|
|
|
(600,000)
|
|
|
|
|
|
|
|
I-40 Warrants |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Aggregate fair value |
|
|
|
|
|
|
|
900,000
|
|
|
|
|
|
900,000
|
|
|
|
|
|
|
|
August 2023 PIPE | PIPE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Aggregate fair value |
|
$ 3,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrants fair value |
|
|
|
|
|
|
|
2,200,000
|
|
|
|
|
|
2,200,000
|
|
|
|
|
|
|
|
Unrealized loss |
|
|
|
|
|
|
|
$ (800,000)
|
|
|
|
|
|
$ (800,000)
|
|
|
|
|
|
|
|
Class of warrant or right exercised (in share) | shares |
|
|
|
|
|
|
|
0
|
|
|
|
|
|
0
|
|
|
|
|
|
|
|
Manufacturing Services Agreement With VDL Nedcar |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments to acquire other productive assets |
|
|
|
|
|
|
$ 8,400,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrant | VDL Nedcar |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of shares issued or issuable (in shares) | shares |
|
|
|
|
|
|
972,222
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrant | VDL Nedcar | Minimum |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share price (in dollars per share) | $ / shares |
|
|
|
|
|
|
$ 18
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrant | VDL Nedcar | Maximum |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share price (in dollars per share) | $ / shares |
|
|
|
|
|
|
$ 40
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrants exercised in the period (in shares) | shares |
|
|
|
|
|
|
|
5,000
|
2,000
|
2,000
|
24,000
|
7,000
|
20,000
|
|
|
|
|
|
|
|
|
Purchase share price (in dollars per share) | $ / shares |
|
|
|
|
$ 1.11
|
|
|
$ 0.62
|
|
|
|
|
|
$ 0.62
|
|
|
|
|
|
|
|
Public Warrants |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrants outstanding (in shares) | shares |
|
|
|
|
|
|
|
23,755,069
|
|
|
|
|
|
23,755,069
|
|
|
|
|
|
|
|
Public Warrants | Warrant |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrants exercised in the period (in shares) | shares |
|
|
|
|
|
|
|
0
|
|
|
0
|
|
|
0
|
0
|
|
|
|
|
|
|
Warrant Agreement |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrants outstanding (in shares) | shares |
|
|
|
|
|
61,200,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrant exercise price (in dollars per share) | $ / shares |
|
|
|
|
|
$ 2.15
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Vested of warrants (in years) |
|
|
|
|
|
10 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of warrant or right exercised (in share) | shares |
|
|
|
|
|
|
|
0
|
|
|
|
|
|
0
|
|
|
|
|
|
|
|
Warrant Agreement | Walmart Inc | Canoo Sales, LLC |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ownership percentage |
|
|
|
|
|
20.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrant Agreement | Walmart Warrants |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrant exercise price (in dollars per share) | $ / shares |
|
|
|
|
|
$ 2.04
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Corresponding increase in the total number of authorized share (in shares) | shares |
|
|
|
|
|
64,400,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Purchase share price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
$ 3.63
|
|
|
|
|
|
$ 3.63
|
|
|
|
|
|
|
|
Dividend yield |
|
|
|
|
|
|
|
|
|
|
|
|
|
0.00%
|
|
|
|
|
|
|
|
Warrant Agreement | Walmart Warrants | Related Party |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenue covenant to the purchase agreement |
|
|
|
|
|
$ 300,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrant Agreement | Yorkville Warrants |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrants outstanding (in shares) | shares |
|
|
|
|
|
|
|
29,600,000
|
|
|
|
|
|
29,600,000
|
|
|
|
|
|
|
|
Warrant exercise price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
$ 1.15
|
|
|
|
|
|
$ 1.15
|
|
|
|
$ 1.05
|
|
|
|
Class of additional warrant or right, outstanding (in shares) | shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4,600,000
|
|
|
Loss on extinguishment of debt |
|
|
|
$ (300,000)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Reclassification of warrant liability to additional paid-in capital |
|
|
|
$ 19,500,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Purchase share price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
$ 1.20
|
|
|
|
|
|
$ 1.20
|
|
|
|
|
|
|
|
Warrant Agreement | Yorkville Warrants | Convertible Debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrants outstanding (in shares) | shares |
|
|
|
|
|
|
|
127,300,000
|
|
|
|
|
|
127,300,000
|
|
|
|
|
|
|
|
Warrant exercise price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
$ 0.54
|
|
|
|
|
|
$ 0.54
|
|
|
|
|
|
|
|
Aggregate fair value |
|
|
|
|
|
|
|
$ 61,500,000
|
|
|
|
|
|
$ 61,500,000
|
|
|
|
|
|
|
|
Warrants fair value |
|
|
|
|
|
|
|
50,000,000
|
|
|
|
|
|
50,000,000
|
|
|
|
|
|
|
|
Unrealized loss |
|
|
|
|
|
|
|
$ 11,500,000
|
|
|
|
|
|
$ 11,500,000
|
|
|
|
|
|
|
|
Warrant Agreement | Yorkville Warrants | PIPE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Dividend yield |
|
|
|
|
|
|
|
|
|
|
|
|
|
0.00%
|
|
|
|
|
|
|
|
Warrant Agreement | Securities Purchase Agreement |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrants outstanding (in shares) | shares |
|
|
50,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrant exercise price (in dollars per share) | $ / shares |
|
|
$ 1.30
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Earlier terminated (in years) |
|
|
5 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Purchase share price (in dollars per share) | $ / shares |
|
|
$ 1.05
|
|
|
|
|
$ 0.49
|
|
|
|
|
|
$ 0.49
|
|
|
|
|
|
|
|
Proceeds from issuance of warrants |
|
|
$ 49,400,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Dividend yield |
|
|
|
|
|
|
|
|
|
|
|
|
|
0.00%
|
|
|
|
|
|
|
|
Warrant Agreement | Securities Purchase Agreement | PIPE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loss on extinguishment of debt |
|
|
|
|
|
|
|
$ 1,500,000
|
|
|
|
|
|
$ (23,800,000)
|
|
|
|
|
|
|
|
Aggregate fair value |
|
|
|
|
|
|
|
40,000,000
|
|
|
|
|
|
40,000,000
|
|
|
|
|
|
|
|
Warrants fair value |
|
|
|
|
|
|
|
$ 16,200,000
|
|
|
|
|
|
$ 16,200,000
|
|
|
|
|
|
|
|
Warrant Agreement | June 2023 PIPE | PIPE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrants outstanding (in shares) | shares |
|
16,300,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrant exercise price (in dollars per share) | $ / shares |
|
$ 0.67
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Purchase share price (in dollars per share) | $ / shares |
|
$ 0.49
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from issuance of warrants |
|
$ 8,800,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Dividend yield |
|
0.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrant Agreement | I-40 Warrants |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrants outstanding (in shares) | shares |
|
|
|
|
|
|
|
2,300,000
|
|
|
|
|
|
2,300,000
|
|
|
|
|
|
|
|
Warrant exercise price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
$ 0.65
|
|
|
|
|
|
$ 0.65
|
|
|
|
|
|
|
|
Purchase share price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
$ 0.49
|
|
|
|
|
|
$ 0.49
|
|
|
|
|
|
|
|
Dividend yield |
|
|
|
|
|
|
|
|
|
|
|
|
|
0.00%
|
|
|
|
|
|
|
|
Warrant Agreement | August 2023 PIPE | PIPE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrants outstanding (in shares) | shares |
5,600,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrant exercise price (in dollars per share) | $ / shares |
$ 0.67
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Purchase share price (in dollars per share) | $ / shares |
$ 0.49
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from issuance of warrants |
$ 3,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Initial exerciseterm |
5 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Dividend yield |
0.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|