10-Q Filing

QUANTUMSCAPE CORP CIK: 1811414 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0000950170-22-020465`
Period End Date	20220930
Filing Date	20221028
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	qs-20220930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 84 Cash Flow Statement 62 Stockholders Equity 46

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents ($3,372 and $3,382 as of September 30, 2022 and December 31, 2021, respectively, for joint venture)	`CashAndCashEquivalentsAtCarryingValue`	$320.70M	USD	Point-in-time
Cash and cash equivalents ($3,372 and $3,382 as of September 30, 2022 and December 31, 2021, respectively, for joint venture)	`CashAndCashEquivalentsAtCarryingValue`	$297.96M	USD	Point-in-time
Cash and cash equivalents ($3,372 and $3,382 as of September 30, 2022 and December 31, 2021, respectively, for joint venture)	`CashAndCashEquivalentsAtCarryingValue`	$346.16M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$1.13B	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$857.34M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.35M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$15.76M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.46B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.17B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$268.23M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$166.18M	USD	Point-in-time
Right-of-use assets - finance lease	`FinanceLeaseRightOfUseAsset`	$28.73M	USD	Point-in-time
Right-of-use assets - finance lease	`FinanceLeaseRightOfUseAsset`	$30.89M	USD	Point-in-time
Right-of-use assets - operating lease	`OperatingLeaseRightOfUseAsset`	$62.25M	USD	Point-in-time
Right-of-use assets - operating lease	`OperatingLeaseRightOfUseAsset`	$36.91M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$320.70M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$18.23M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$297.96M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$18.25M	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`	$1.72B	USD	Point-in-time
Total assets	`Assets`	$1.54B	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, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$14.18M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$17.21M	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$6.08M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$15.22M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$9.12M	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	1.25B	shares	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$9.06M	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	1.25B	shares	Point-in-time
Operating lease liability, short-term	`OperatingLeaseLiabilityCurrent`	$3.39M	USD	Point-in-time
Operating lease liability, short-term	`OperatingLeaseLiabilityCurrent`	$1.21M	USD	Point-in-time
Finance lease liability, short-term	`FinanceLeaseLiabilityCurrent`	$501.00K	USD	Point-in-time
Finance lease liability, short-term	`FinanceLeaseLiabilityCurrent`	$19.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$45.39M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$30.61M	USD	Point-in-time
Operating lease liability, long-term	`OperatingLeaseLiabilityNoncurrent`	$36.76M	USD	Point-in-time
Operating lease liability, long-term	`OperatingLeaseLiabilityNoncurrent`	$63.64M	USD	Point-in-time
Finance lease liability, long-term	`FinanceLeaseLiabilityNoncurrent`	$38.69M	USD	Point-in-time
Finance lease liability, long-term	`FinanceLeaseLiabilityNoncurrent`	$39.38M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$7.59M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$315.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$155.32M	USD	Point-in-time
Total liabilities	`Liabilities`	$107.06M	USD	Point-in-time
Commitments and contingencies (see Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable non-controlling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.69M	USD	Point-in-time
Redeemable non-controlling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.69M	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`	$1.69M	USD	Point-in-time
Redeemable non-controlling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.68M	USD	Point-in-time
Preferred stock- $0.0001 par value; 100,000 shares authorized; none issued and outstanding as of September 30, 2022 and December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock- $0.0001 par value; 100,000 shares authorized; none issued and outstanding as of September 30, 2022 and December 31, 2021	`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); 356,140 Class A and 79,454 Class B shares issued and outstanding as of September 30, 2022, 332,869 Class A and 95,450 Class B shares issued and outstanding as of December 31, 2021	`CommonStockValue`	$43.00K	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); 356,140 Class A and 79,454 Class B shares issued and outstanding as of September 30, 2022, 332,869 Class A and 95,450 Class B shares issued and outstanding as of December 31, 2021	`CommonStockValue`	$43.00K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$3.63B	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$3.73B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.21M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-22.08M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.02B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.33B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$351.77M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.39B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.61B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.66B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.47B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.51B	USD	Point-in-time
Total liabilities, redeemable non-controlling interest and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.72B	USD	Point-in-time
Total liabilities, redeemable non-controlling interest and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.54B	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income (loss) attributable to non-controlling interest, tax	`NetIncomeLossTaxPortionAttributableToNoncontrollingInterest`	-	USD	1 Quarter
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	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$214.06M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$87.58M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$39.47M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$104.71M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$14.37M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$33.07M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$93.12M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$43.42M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$53.83M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$307.18M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$148.13M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$120.65M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-120.65M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-307.18M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-53.83M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-148.13M	USD	3 Qtrs
Interest expense	`InterestExpense`	$359.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$597.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$600.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.81M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$605.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.20M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$3.49M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$5.81M	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
Other income	`OtherNonoperatingIncomeExpense`	$335.00K	USD	3 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$114.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$3.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$101.00K	USD	3 Qtrs
Total other income	`NonoperatingIncomeExpense`	$69.18M	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$4.34M	USD	3 Qtrs
Total other income	`NonoperatingIncomeExpense`	$169.38M	USD	3 Qtrs
Total other income	`NonoperatingIncomeExpense`	$3.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$15.35M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$21.25M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-302.84M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-117.65M	USD	1 Quarter
Less: Net income (loss) attributable to non-controlling interest, net of tax of $0 for the three and nine months ended September 2022 and 2021	`NetIncomeLossAttributableToNoncontrollingInterest`	$-10.00K	USD	3 Qtrs
Less: Net income (loss) attributable to non-controlling interest, net of tax of $0 for the three and nine months ended September 2022 and 2021	`NetIncomeLossAttributableToNoncontrollingInterest`	$7.00K	USD	1 Quarter
Less: Net income (loss) attributable to non-controlling interest, net of tax of $0 for the three and nine months ended September 2022 and 2021	`NetIncomeLossAttributableToNoncontrollingInterest`	$-2.00K	USD	3 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$15.35M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$-117.66M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$-302.84M	USD	3 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$21.26M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$15.35M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$21.25M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-302.84M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-117.65M	USD	1 Quarter
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$65.00K	USD	1 Quarter
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-17.87M	USD	3 Qtrs
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-2.93M	USD	1 Quarter
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-598.00K	USD	3 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$15.42M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$20.65M	USD	3 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-320.71M	USD	3 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-120.59M	USD	1 Quarter
Less: Comprehensive income (loss) attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-10.00K	USD	3 Qtrs
Less: Comprehensive income (loss) attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$7.00K	USD	1 Quarter
Less: Comprehensive income (loss) attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-2.00K	USD	3 Qtrs
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$20.66M	USD	3 Qtrs
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$-120.59M	USD	1 Quarter
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$15.42M	USD	1 Quarter
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$-320.71M	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$-0.27	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.70	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.04	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.05	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.13	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.27	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.36	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.70	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	397.37M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	434.05M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	431.65M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	417.83M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	420.65M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	431.65M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	434.05M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	404.37M	shares	3 Qtrs

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$15.35M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$21.25M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-302.84M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-117.65M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.63M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$18.98M	USD	3 Qtrs
Amortization of right-of-use assets and non-cash lease expense	`OperatingAndFinanceLeaseAmortizationOfRightOfUseAssetAndNonCashLeaseExpense`	$2.59M	USD	3 Qtrs
Amortization of right-of-use assets and non-cash lease expense	`OperatingAndFinanceLeaseAmortizationOfRightOfUseAssetAndNonCashLeaseExpense`	$5.67M	USD	3 Qtrs
Amortization of premiums and accretion of discounts on marketable securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-4.50M	USD	3 Qtrs
Amortization of premiums and accretion of discounts on marketable securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-9.05M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$92.98M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$36.01M	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
Impairment of fixed assets	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$7.81M	USD	3 Qtrs
Impairment of fixed assets	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$7.80M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-474.00K	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-223.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.42M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-5.39M	USD	3 Qtrs
Accounts payable, accrued liabilities and accrued compensation	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$7.36M	USD	3 Qtrs
Accounts payable, accrued liabilities and accrued compensation	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$9.52M	USD	3 Qtrs
Other long term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$2.10M	USD	3 Qtrs
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$311.00K	USD	3 Qtrs
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-1.17M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-155.11M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-83.30M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$121.00M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$82.40M	USD	3 Qtrs
Proceeds from maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$611.00M	USD	3 Qtrs
Proceeds from maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$634.39M	USD	3 Qtrs
Proceeds from sales of marketable securities	`ProceedsFromSalesOfMarketableSecurities`	$15.11M	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`	$402.25M	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-405.26M	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$126.24M	USD	3 Qtrs
Proceeds from exercise of stock options and employee stock purchase plan	`ProceedsFromExerciseOfStockOptionsAndEmployeeStockPurchasePlan`	$11.33M	USD	3 Qtrs
Proceeds from exercise of stock options and employee stock purchase plan	`ProceedsFromExerciseOfStockOptionsAndEmployeeStockPurchasePlan`	$6.93M	USD	3 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$151.43M	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`	$99.93M	USD	3 Qtrs
Principal payment for finance lease, net of credit	`PrincipalPaymentsForFinanceLeaseNetOfCredit`	$809.00K	USD	3 Qtrs
Principal payment for finance lease, net of credit	`PrincipalPaymentsForFinanceLeaseNetOfCredit`	$-5.21M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$6.12M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$729.81M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$241.25M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-22.74M	USD	3 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$338.22M	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`	$356.66M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$315.48M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$338.22M	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`	$356.66M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$315.48M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$1.21M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$238.00K	USD	3 Qtrs
Purchases of property and equipment, not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$21.72M	USD	3 Qtrs
Purchases of property and equipment, not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$13.83M	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`	$1.39B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.61B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.66B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.47B	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`	$1.69M	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`	$1.69M	USD	Point-in-time
Redeemable Non-Controlling, Beginning balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.68M	USD	Point-in-time
Exercise of stock options and employee stock purchase plan	`StockIssuedDuringPeriodValueStockOptionsAndEmployeeStockPurchasePlanExercised`	$6.93M	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$11.33M	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.88M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.97M	USD	1 Quarter
Exercise of stock options, Shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	3.26M	shares	3 Qtrs
Exercise of warrants	`StockIssuedDuringPeriodValueWarrantsExercised`	$118.63M	USD	1 Quarter
Exercise of warrants	`StockIssuedDuringPeriodValueWarrantsExercised`	$672.46M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$36.01M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$33.58M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$92.98M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.73M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$15.35M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-117.66M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-302.84M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$21.26M	USD	3 Qtrs
Net income (loss), Redeemable Non-Controlling interest	`TemporaryEquityNetIncome`	$-2.00K	USD	3 Qtrs
Net income (loss), Redeemable Non-Controlling interest	`TemporaryEquityNetIncome`	$-10.00K	USD	3 Qtrs
Net income (loss), Redeemable Non-Controlling interest	`TemporaryEquityNetIncome`	$7.00K	USD	1 Quarter
Unrealized loss on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$65.00K	USD	1 Quarter
Unrealized loss on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-17.87M	USD	3 Qtrs
Unrealized loss on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-2.93M	USD	1 Quarter
Unrealized loss on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-598.00K	USD	3 Qtrs
Ending balance	`StockholdersEquity`	$351.77M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.39B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.61B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.66B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.47B	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`	$1.69M	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`	$1.69M	USD	Point-in-time
Redeemable Non-Controlling, Ending balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.68M	USD	Point-in-time

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