10-Q Filing

QUANTUMSCAPE CORP CIK: 1811414 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0000950170-21-002474`
Period End Date	20210930
Filing Date	20211028
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	qs-20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 86 Cash Flow Statement 64 Stockholders Equity 46

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents ($3,382 and $3,406 as of September 30, 2021 and December 31, 2020, respectively, for joint venture)	`CashAndCashEquivalentsAtCarryingValue`	$10.57M	USD	Point-in-time
Cash and cash equivalents ($3,382 and $3,406 as of September 30, 2021 and December 31, 2020, respectively, for joint venture)	`CashAndCashEquivalentsAtCarryingValue`	$113.22M	USD	Point-in-time
Cash and cash equivalents ($3,382 and $3,406 as of September 30, 2021 and December 31, 2020, respectively, for joint venture)	`CashAndCashEquivalentsAtCarryingValue`	$346.16M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$1.20B	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$884.34M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$11.62M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$8.61M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.55B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.01B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$135.68M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$43.70M	USD	Point-in-time
Right-of-use assets - finance lease	`FinanceLeaseRightOfUseAsset`	$37.29M	USD	Point-in-time
Right-of-use assets - operating lease	`OperatingLeaseRightOfUseAsset`	$22.91M	USD	Point-in-time
Right-of-use assets - operating lease	`OperatingLeaseRightOfUseAsset`	$11.71M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.57M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$113.22M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$11.07M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.19M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$346.16M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total assets	`Assets`	$1.76B	USD	Point-in-time
Total assets	`Assets`	$1.07B	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$22.40M	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.38M	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$2.70M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$6.37M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	1.25B	shares	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$5.60M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$2.39M	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	1.25B	shares	Point-in-time
Operating lease liability, short-term	`OperatingLeaseLiabilityCurrent`	$1.55M	USD	Point-in-time
Operating lease liability, short-term	`OperatingLeaseLiabilityCurrent`	$1.22M	USD	Point-in-time
Finance lease liability, short-term	`FinanceLeaseLiabilityCurrent`	$152.00K	USD	Point-in-time
Strategic premium, short-term	`StrategicPremiumShortTermLiabilityCurrent`	$201.00K	USD	Point-in-time
Strategic premium, short-term	`StrategicPremiumShortTermLiabilityCurrent`	$655.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$36.28M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$12.35M	USD	Point-in-time
Operating lease liability, long-term	`OperatingLeaseLiabilityNoncurrent`	$11.24M	USD	Point-in-time
Operating lease liability, long-term	`OperatingLeaseLiabilityNoncurrent`	$22.10M	USD	Point-in-time
Finance lease liability, long-term	`FinanceLeaseLiabilityNoncurrent`	$44.12M	USD	Point-in-time
Assumed common stock warrant liabilities	`AssumedCommonStockWarrantLiabilitiesNoncurrent`	$689.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$713.29M	USD	Point-in-time
Total liabilities	`Liabilities`	$102.50M	USD	Point-in-time
Commitments and contingencies (see Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable non-controlling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.69M	USD	Point-in-time
Redeemable non-controlling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.71M	USD	Point-in-time
Redeemable non-controlling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.71M	USD	Point-in-time
Redeemable non-controlling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.69M	USD	Point-in-time
Redeemable non-controlling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.70M	USD	Point-in-time
Redeemable non-controlling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.70M	USD	Point-in-time
Preferred stock- $0.0001 par value; 100,000 shares authorized, none issued and outstanding as of September 30, 2021 and December 31, 2020	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock- $0.0001 par value; 100,000 shares authorized, none issued and outstanding as of September 30, 2021 and December 31, 2020	`PreferredStockValue`	-	USD	Point-in-time
Common stock - $0.0001 par value; 1,250,000 shares authorized (1,000,000 Class A and 250,000 Class B); 325,702 Class A and 96,740 Class B shares issued and outstanding as of September 30, 2021, 207,769 Class A and 156,225 Class B shares issued and outstanding as of December 31, 2020	`CommonStockValue`	$36.00K	USD	Point-in-time
Common stock - $0.0001 par value; 1,250,000 shares authorized (1,000,000 Class A and 250,000 Class B); 325,702 Class A and 96,740 Class B shares issued and outstanding as of September 30, 2021, 207,769 Class A and 156,225 Class B shares issued and outstanding as of December 31, 2020	`CommonStockValue`	$42.00K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$2.33B	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$3.61B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-31.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-629.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.98B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.96B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$351.77M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$-246.96M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.66B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$123.83M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$148.69M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.51B	USD	Point-in-time
Total liabilities, redeemable non-controlling interest and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.76B	USD	Point-in-time
Total liabilities, redeemable non-controlling interest and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.07B	USD	Point-in-time

Income Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income (loss) attributable to non-controlling interest, tax	`NetIncomeLossTaxPortionAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
Net income (loss) attributable to non-controlling interest, tax	`NetIncomeLossTaxPortionAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
Net income (loss) attributable to non-controlling interest, tax	`NetIncomeLossTaxPortionAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net income (loss) attributable to non-controlling interest, tax	`NetIncomeLossTaxPortionAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$104.71M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$42.37M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$16.98M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$39.47M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$43.42M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.71M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$14.37M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.46M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$20.69M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$148.13M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$53.83M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$50.83M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-148.13M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-53.83M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-50.83M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-20.69M	USD	1 Quarter
Interest expense	`InterestExpense`	$8.95M	USD	3 Qtrs
Interest expense	`InterestExpense`	$359.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$8.95M	USD	1 Quarter
Interest expense	`InterestExpense`	$597.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$962.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$605.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$143.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.20M	USD	3 Qtrs
Change in fair value of assumed common stock warrant liabilities	`ChangeInFairValueOfAssumedCommonStockWarrantLiabilities`	$-168.67M	USD	3 Qtrs
Change in fair value of assumed common stock warrant liabilities	`ChangeInFairValueOfAssumedCommonStockWarrantLiabilities`	$-68.93M	USD	1 Quarter
Change in fair value of Series F convertible preferred stock tranche liabilities	`ChangeInFairValueOfConvertiblePreferredStockTrancheLiabilities`	$-347.12M	USD	3 Qtrs
Change in fair value of Series F convertible preferred stock tranche liabilities	`ChangeInFairValueOfConvertiblePreferredStockTrancheLiabilities`	$-347.12M	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$101.00K	USD	3 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$760.00K	USD	3 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$760.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$3.00K	USD	1 Quarter
Total other income (loss)	`NonoperatingIncomeExpense`	$-355.16M	USD	1 Quarter
Total other income (loss)	`NonoperatingIncomeExpense`	$69.18M	USD	1 Quarter
Total other income (loss)	`NonoperatingIncomeExpense`	$-354.35M	USD	3 Qtrs
Total other income (loss)	`NonoperatingIncomeExpense`	$169.38M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$21.25M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$15.35M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-405.18M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-375.85M	USD	1 Quarter
Less: Net loss attributable to non-controlling interest, net of tax of $0	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00K	USD	1 Quarter
Less: Net loss attributable to non-controlling interest, net of tax of $0	`NetIncomeLossAttributableToNoncontrollingInterest`	$-6.00K	USD	3 Qtrs
Less: Net loss attributable to non-controlling interest, net of tax of $0	`NetIncomeLossAttributableToNoncontrollingInterest`	$-10.00K	USD	3 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$15.35M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$-405.17M	USD	3 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$21.26M	USD	3 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$-375.85M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$21.25M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$15.35M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-405.18M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-375.85M	USD	1 Quarter
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-598.00K	USD	3 Qtrs
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-50.00K	USD	3 Qtrs
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-107.00K	USD	1 Quarter
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$65.00K	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$20.65M	USD	3 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$15.42M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-405.23M	USD	3 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-375.96M	USD	1 Quarter
Less: Comprehensive loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-10.00K	USD	3 Qtrs
Less: Comprehensive loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-6.00K	USD	3 Qtrs
Less: Comprehensive loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.00K	USD	1 Quarter
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$-405.22M	USD	3 Qtrs
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$-375.96M	USD	1 Quarter
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$20.66M	USD	3 Qtrs
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$15.42M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-1.69	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$-1.57	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.04	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.05	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.13	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-1.57	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-1.69	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.36	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	417.83M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	239.92M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	239.84M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	397.37M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	239.84M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	239.92M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	420.65M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	404.37M	shares	3 Qtrs

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$21.25M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$15.35M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-405.18M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-375.85M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$4.72M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.63M	USD	3 Qtrs
Amortization of right-of-use assets- operating lease	`OperatingLeaseRightOfUseAssetAmortization`	$1.18M	USD	3 Qtrs
Amortization of right-of-use assets- operating lease	`OperatingLeaseRightOfUseAssetAmortization`	$915.00K	USD	3 Qtrs
Amortization of right-of-use assets- finance lease	`FinanceLeaseRightOfUseAssetAmortization`	$1.41M	USD	3 Qtrs
Amortization of right-of-use assets- finance lease	`FinanceLeaseRightOfUseAssetAmortization`	$848.00K	USD	1 Quarter
Amortization of premiums and accretion of discounts on marketable securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-9.05M	USD	3 Qtrs
Amortization of premiums and accretion of discounts on marketable securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-212.00K	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$36.01M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$9.25M	USD	3 Qtrs
Change in fair value of convertible preferred stock warrant liabilities	`FairValueAdjustmentOfWarrants`	$8.95M	USD	3 Qtrs
Change in fair value of convertible preferred stock tranche liabilities	`ChangeInFairValueOfConvertiblePreferredStockTrancheLiabilities`	$-347.12M	USD	3 Qtrs
Change in fair value of convertible preferred stock tranche liabilities	`ChangeInFairValueOfConvertiblePreferredStockTrancheLiabilities`	$-347.12M	USD	1 Quarter
Change in fair value of assumed common stock warrant liabilities	`ChangeInFairValueOfAssumedCommonStockWarrantLiabilities`	$-168.67M	USD	3 Qtrs
Change in fair value of assumed common stock warrant liabilities	`ChangeInFairValueOfAssumedCommonStockWarrantLiabilities`	$-68.93M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-223.00K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$491.00K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.42M	USD	3 Qtrs
Accounts payable, accrued liabilities and accrued compensation	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$7.36M	USD	3 Qtrs
Accounts payable, accrued liabilities and accrued compensation	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.19M	USD	3 Qtrs
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-1.17M	USD	3 Qtrs
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-801.00K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-34.11M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-83.30M	USD	3 Qtrs
Purchases of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$82.40M	USD	3 Qtrs
Purchases of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.91M	USD	3 Qtrs
Proceeds from maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$611.00M	USD	3 Qtrs
Proceeds from maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$88.00M	USD	3 Qtrs
Proceeds from sales of marketable securities	`ProceedsFromSalesOfMarketableSecurities`	$172.29M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$1.11B	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$50.63M	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$23.45M	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-405.26M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$320.00K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$11.33M	USD	3 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$151.43M	USD	3 Qtrs
Payment of Business Combination share issuance costs	`PaymentOfBusinessCombinationShareIssuanceCosts`	$2.28M	USD	3 Qtrs
Payment of Business Combination share issuance costs	`PaymentOfBusinessCombinationShareIssuanceCosts`	$1.02M	USD	3 Qtrs
Proceeds from issuance of common stock, net of issuance costs paid	`ProceedsFromIssuanceOfCommonStock`	$462.93M	USD	3 Qtrs
Proceeds from issuance of Class A Common Stock pursuant to Legacy QuantumScape Series F Preferred Stock Purchase Agreement, net of issuance costs	`ProceedsFromIssuanceOfClassACommonStockPursuantToLegacyQuantumScapeSeriesFPreferredStockPurchaseAgreementNetOfIssuanceCosts`	$-208.00K	USD	3 Qtrs
Proceeds from issuance of Class A Common Stock pursuant to Legacy QuantumScape Series F Preferred Stock Purchase Agreement, net of issuance costs	`ProceedsFromIssuanceOfClassACommonStockPursuantToLegacyQuantumScapeSeriesFPreferredStockPurchaseAgreementNetOfIssuanceCosts`	$99.93M	USD	3 Qtrs
Proceeds from finance lease, net of principal payment	`ProceedsFromFinanceLeaseNetOfPrincipalPayment`	$5.21M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$729.81M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.17M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-12.83M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$241.25M	USD	3 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$25.60M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$115.41M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$12.77M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$356.66M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$25.60M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$115.41M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$12.77M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$356.66M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$238.00K	USD	3 Qtrs
Purchases of property and equipment, accrued but not paid	`CapitalExpendituresIncurredButNotYetPaid`	$21.72M	USD	3 Qtrs
Purchases of property and equipment, accrued but not paid	`CapitalExpendituresIncurredButNotYetPaid`	$3.00M	USD	3 Qtrs
Business Combination expense, accrued but not paid	`BusinessCombinationExpenseAccruedButNotPaid`	$1.80M	USD	3 Qtrs
Series F convertible preferred stock issuance cost, accrued but not paid	`ConvertiblePreferredStockIssuanceCostAccruedButNotPaid`	$111.00K	USD	3 Qtrs
Fair value of assumed common stock warrants exercised	`FairValueOfAssumedCommonStockWarrantsExercised`	$521.02M	USD	3 Qtrs

Stockholders Equity 46 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$351.77M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-246.96M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.66B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$123.83M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$148.69M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.51B	USD	Point-in-time
Redeemable Non-Controlling, Beginning balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.69M	USD	Point-in-time
Redeemable Non-Controlling, Beginning balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.71M	USD	Point-in-time
Redeemable Non-Controlling, Beginning balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.71M	USD	Point-in-time
Redeemable Non-Controlling, Beginning balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.69M	USD	Point-in-time
Redeemable Non-Controlling, Beginning balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.70M	USD	Point-in-time
Redeemable Non-Controlling, Beginning balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.70M	USD	Point-in-time
Exercise of stock option	`StockIssuedDuringPeriodValueStockOptionsExercised`	$11.33M	USD	3 Qtrs
Exercise of stock option	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.88M	USD	1 Quarter
Exercise of stock option	`StockIssuedDuringPeriodValueStockOptionsExercised`	$306.00K	USD	1 Quarter
Exercise of stock option	`StockIssuedDuringPeriodValueStockOptionsExercised`	$320.00K	USD	3 Qtrs
Exercise of stock option, Shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	11.77M	shares	3 Qtrs
Exercise of warrants	`StockIssuedDuringPeriodValueWarrantsExercised`	$672.46M	USD	3 Qtrs
Exercise of warrants	`StockIssuedDuringPeriodValueWarrantsExercised`	$118.63M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.87M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.73M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$36.01M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.25M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$15.35M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-405.17M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$21.26M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-375.85M	USD	1 Quarter
Net loss, Redeemable Non-Controlling interest	`TemporaryEquityNetIncome`	$-1.00K	USD	1 Quarter
Net loss, Redeemable Non-Controlling interest	`TemporaryEquityNetIncome`	$-10.00K	USD	3 Qtrs
Net loss, Redeemable Non-Controlling interest	`TemporaryEquityNetIncome`	$-6.00K	USD	3 Qtrs
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-598.00K	USD	3 Qtrs
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-50.00K	USD	3 Qtrs
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-107.00K	USD	1 Quarter
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$65.00K	USD	1 Quarter
Ending balance	`StockholdersEquity`	$351.77M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-246.96M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.66B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$123.83M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$148.69M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.51B	USD	Point-in-time
Redeemable Non-Controlling, Ending balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.69M	USD	Point-in-time
Redeemable Non-Controlling, Ending balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.71M	USD	Point-in-time
Redeemable Non-Controlling, Ending balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.71M	USD	Point-in-time
Redeemable Non-Controlling, Ending balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.69M	USD	Point-in-time
Redeemable Non-Controlling, Ending balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.70M	USD	Point-in-time
Redeemable Non-Controlling, Ending balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.70M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.