10-Q Filing

CENNTRO INC. CIK: 1707919 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001140361-23-039660`
Period End Date	20230630
Filing Date	20230814
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	brhc20057392_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 100 Cash Flow Statement 56 Stockholders Equity 25

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$153.97M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$60.39M	USD	Point-in-time
Ordinary shares, par value (in dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Ordinary shares, par value (in dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Ordinary shares, shares issued (in shares)	`CommonStockSharesIssued`	300.84M	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$130.02K	USD	Point-in-time
Ordinary shares, shares issued (in shares)	`CommonStockSharesIssued`	304.45M	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$92.46K	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$2.65M	USD	Point-in-time
Ordinary shares, shares outstanding (in shares)	`CommonStockSharesOutstanding`	304.45M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$565.40K	USD	Point-in-time
Ordinary shares, shares outstanding (in shares)	`CommonStockSharesOutstanding`	300.84M	shares	Point-in-time
Inventories	`InventoryNet`	$31.84M	USD	Point-in-time
Inventories	`InventoryNet`	$41.80M	USD	Point-in-time
Prepayment and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$18.34M	USD	Point-in-time
Prepayment and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$16.14M	USD	Point-in-time
Deferred cost - current	`DeferredCostsCurrent`	$10.27K	USD	Point-in-time
Deferred cost - current	`DeferredCostsCurrent`	-	USD	Point-in-time
Amounts due from a related party	`OtherReceivablesNetCurrent`	$212.32K	USD	Point-in-time
Amounts due from a related party	`OtherReceivablesNetCurrent`	$366.94K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$123.49M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$203.01M	USD	Point-in-time
Long-term investment, net	`EquityMethodInvestments`	$5.33M	USD	Point-in-time
Long-term investment, net	`EquityMethodInvestments`	$4.96M	USD	Point-in-time
Investment in equity securities	`EquitySecuritiesFVNINoncurrent`	$30.47M	USD	Point-in-time
Investment in equity securities	`EquitySecuritiesFVNINoncurrent`	$29.76M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$14.96M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$18.51M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$4.56M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$6.44M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$19.73M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$8.19M	USD	Point-in-time
Deferred cost - non-current	`DeferredCosts`	-	USD	Point-in-time
Deferred cost - non-current	`DeferredCosts`	$207.97K	USD	Point-in-time
Other non-current assets, net	`OtherAssetsNoncurrent`	$2.04M	USD	Point-in-time
Other non-current assets, net	`OtherAssetsNoncurrent`	$2.23M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$64.84M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$82.56M	USD	Point-in-time
Total Assets	`Assets`	$267.85M	USD	Point-in-time
Total Assets	`Assets`	$206.05M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.38M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.36M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$3.54M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$5.05M	USD	Point-in-time
Contractual liabilities	`ContractWithCustomerLiabilityCurrent`	$2.39M	USD	Point-in-time
Contractual liabilities	`ContractWithCustomerLiabilityCurrent`	$3.31M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$4.30M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$1.31M	USD	Point-in-time
Convertible promissory notes	`ConvertibleNotesPayableCurrent`	$11.90M	USD	Point-in-time
Convertible promissory notes	`ConvertibleNotesPayableCurrent`	$57.37M	USD	Point-in-time
Deferred government grant, current	`DeferredIncomeCurrent`	$53.05K	USD	Point-in-time
Deferred government grant, current	`DeferredIncomeCurrent`	$26.53K	USD	Point-in-time
Amounts due to related parties	`OtherLiabilitiesCurrent`	$716.37K	USD	Point-in-time
Amounts due to related parties	`OtherLiabilitiesCurrent`	$41.30K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$70.25M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$26.53M	USD	Point-in-time
Deferred government grant, non-current	`DeferredIncomeNoncurrent`	$968.08K	USD	Point-in-time
Deferred government grant, non-current	`DeferredIncomeNoncurrent`	$497.48K	USD	Point-in-time
Derivative liability - investor warrant	`DerivativeLiabilitiesInvestorWarrantsNoncurrent`	$14.33M	USD	Point-in-time
Derivative liability - investor warrant	`DerivativeLiabilitiesInvestorWarrantsNoncurrent`	$12.21M	USD	Point-in-time
Derivative liability - placement agent warrant	`DerivativeLiabilitiesPlacementAgentWarrantsNoncurrent`	$3.46M	USD	Point-in-time
Derivative liability - placement agent warrant	`DerivativeLiabilitiesPlacementAgentWarrantsNoncurrent`	$3.46M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$16.00M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$7.42M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$25.71M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$32.63M	USD	Point-in-time
Total Liabilities	`Liabilities`	$59.16M	USD	Point-in-time
Total Liabilities	`Liabilities`	$95.96M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Ordinary shares (No par value; 304,449,091 and 300,841,995 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively)	`CommonStockValue`	-	USD	Point-in-time
Ordinary shares (No par value; 304,449,091 and 300,841,995 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively)	`CommonStockValue`	-	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$399.52M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$397.50M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-244.86M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-219.82M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.77M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.31M	USD	Point-in-time
Total equity attributable to shareholders	`StockholdersEquity`	$172.37M	USD	Point-in-time
Total equity attributable to shareholders	`StockholdersEquity`	$146.89M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$-1.52K	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$-477.13K	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$239.76M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$263.77M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$171.89M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$146.89M	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$206.05M	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$267.85M	USD	Point-in-time

Income Statement 100 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.20M	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.71M	USD	2 Qtrs
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.24M	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.04M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$4.50M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$3.09M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$3.04M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$6.37M	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.15M	USD	1 Quarter
Gross profit	`GrossProfit`	$531.48K	USD	2 Qtrs
Gross profit	`GrossProfit`	$168.45K	USD	1 Quarter
Gross profit	`GrossProfit`	$1.34M	USD	2 Qtrs
Selling and marketing expenses	`SellingAndMarketingExpense`	$4.61M	USD	2 Qtrs
Selling and marketing expenses	`SellingAndMarketingExpense`	$2.74M	USD	1 Quarter
Selling and marketing expenses	`SellingAndMarketingExpense`	$1.53M	USD	1 Quarter
Selling and marketing expenses	`SellingAndMarketingExpense`	$2.63M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$12.01M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$20.23M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$9.29M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$16.64M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$3.71M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$2.14M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$1.81M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$1.39M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$24.97M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$14.17M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$24.67M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$14.94M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-14.77M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-23.63M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-24.14M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-13.02M	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNonoperatingNet`	$222.67K	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNonoperatingNet`	$-53.15K	USD	2 Qtrs
Interest income (expense), net	`InterestIncomeExpenseNonoperatingNet`	$1.26K	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNonoperatingNet`	$286.87K	USD	2 Qtrs
(Loss) income from long-term investment	`IncomeLossFromEquityMethodInvestments`	$-148.65K	USD	1 Quarter
(Loss) income from long-term investment	`IncomeLossFromEquityMethodInvestments`	$4.94K	USD	1 Quarter
(Loss) income from long-term investment	`IncomeLossFromEquityMethodInvestments`	$-129.60K	USD	2 Qtrs
(Loss) income from long-term investment	`IncomeLossFromEquityMethodInvestments`	$10.88K	USD	2 Qtrs
Impairment of long-term investment	`InvestmentIncomeAmortizationOfPremium`	-	USD	2 Qtrs
Impairment of long-term investment	`InvestmentIncomeAmortizationOfPremium`	$8.54K	USD	1 Quarter
Impairment of long-term investment	`InvestmentIncomeAmortizationOfPremium`	$1.15M	USD	2 Qtrs
Impairment of long-term investment	`InvestmentIncomeAmortizationOfPremium`	-	USD	1 Quarter
Gain (loss) on redemption of convertible promissory notes	`GainLossOnRedemptionOfConvertiblePromissoryNotes`	$1.90K	USD	1 Quarter
Gain (loss) on redemption of convertible promissory notes	`GainLossOnRedemptionOfConvertiblePromissoryNotes`	$-101.00	USD	2 Qtrs
Gain (loss) on redemption of convertible promissory notes	`GainLossOnRedemptionOfConvertiblePromissoryNotes`	-	USD	1 Quarter
Gain (loss) on redemption of convertible promissory notes	`GainLossOnRedemptionOfConvertiblePromissoryNotes`	-	USD	2 Qtrs
Loss on exercise of warrants	`GainLossOnExerciseOfWarrants`	-	USD	1 Quarter
Loss on exercise of warrants	`GainLossOnExerciseOfWarrants`	-	USD	2 Qtrs
Loss on exercise of warrants	`GainLossOnExerciseOfWarrants`	$-227.62K	USD	2 Qtrs
Loss on exercise of warrants	`GainLossOnExerciseOfWarrants`	$-14.74K	USD	1 Quarter
Change in fair value of convertible promissory notes and derivative liability	`ChangeInFairValueOfConvertiblePromissoryNotesAndDerivativeLiability`	$199.70K	USD	1 Quarter
Change in fair value of convertible promissory notes and derivative liability	`ChangeInFairValueOfConvertiblePromissoryNotesAndDerivativeLiability`	-	USD	1 Quarter
Change in fair value of convertible promissory notes and derivative liability	`ChangeInFairValueOfConvertiblePromissoryNotesAndDerivativeLiability`	-	USD	2 Qtrs
Change in fair value of convertible promissory notes and derivative liability	`ChangeInFairValueOfConvertiblePromissoryNotesAndDerivativeLiability`	$73.42K	USD	2 Qtrs
Change in fair value of equity securities	`EquitySecuritiesFvNiRealizedGainLoss`	$60.45K	USD	1 Quarter
Change in fair value of equity securities	`EquitySecuritiesFvNiRealizedGainLoss`	-	USD	2 Qtrs
Change in fair value of equity securities	`EquitySecuritiesFvNiRealizedGainLoss`	$713.47K	USD	2 Qtrs
Change in fair value of equity securities	`EquitySecuritiesFvNiRealizedGainLoss`	-	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-1.12M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-761.22K	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$784.22K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$734.98K	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-25.17M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-13.75M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-23.10M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-14.05M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$25.47K	USD	2 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$25.47K	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-48.86K	USD	2 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-48.86K	USD	1 Quarter
Net loss	`ProfitLoss`	$-23.05M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-25.19M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-14.08M	USD	1 Quarter
Net loss	`ProfitLoss`	$-13.71M	USD	1 Quarter
Less: net loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-158.71K	USD	2 Qtrs
Less: net loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-2.68K	USD	1 Quarter
Less: net loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-633.92K	USD	1 Quarter
Less: net loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-670.64K	USD	2 Qtrs
Net loss attributable to the Company's shareholders	`NetIncomeLoss`	$-25.03M	USD	2 Qtrs
Net loss attributable to the Company's shareholders	`NetIncomeLoss`	$-14.07M	USD	1 Quarter
Net loss attributable to the Company's shareholders	`NetIncomeLoss`	$-13.07M	USD	1 Quarter
Net loss attributable to the Company's shareholders	`NetIncomeLoss`	$-22.38M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.08M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.49M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.83M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.82M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-16.90M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-17.78M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-26.88M	USD	2 Qtrs
Total comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-27.68M	USD	2 Qtrs
Less: total comprehensive loss attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-2.68K	USD	1 Quarter
Less: total comprehensive loss attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-183.28K	USD	2 Qtrs
Less: total comprehensive loss attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-483.22K	USD	1 Quarter
Less: total comprehensive loss attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-540.80K	USD	2 Qtrs
Total comprehensive loss to the Company's shareholders	`ComprehensiveIncomeNetOfTax`	$-16.90M	USD	1 Quarter
Total comprehensive loss to the Company's shareholders	`ComprehensiveIncomeNetOfTax`	$-26.34M	USD	2 Qtrs
Total comprehensive loss to the Company's shareholders	`ComprehensiveIncomeNetOfTax`	$-27.50M	USD	2 Qtrs
Total comprehensive loss to the Company's shareholders	`ComprehensiveIncomeNetOfTax`	$-17.30M	USD	1 Quarter

Cash Flow Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-35.50M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-29.07M	USD	2 Qtrs
Purchase of equity investment	`PaymentsToAcquireLongtermInvestments`	$680.93K	USD	2 Qtrs
Purchase of equity investment	`PaymentsToAcquireLongtermInvestments`	-	USD	2 Qtrs
Purchase of plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.08M	USD	2 Qtrs
Purchase of plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$145.86K	USD	2 Qtrs
Purchase of land use right and property	`PaymentsToAcquireIntangibleAssets`	$2.20M	USD	2 Qtrs
Purchase of land use right and property	`PaymentsToAcquireIntangibleAssets`	$9.26M	USD	2 Qtrs
Acquisition of CAE's equity interests	`PaymentsToAcquireAdditionalInterestInSubsidiaries`	$3.61M	USD	2 Qtrs
Acquisition of CAE's equity interests	`PaymentsToAcquireAdditionalInterestInSubsidiaries`	$1.92M	USD	2 Qtrs
Cash acquired from acquisition of CAE	`CashAcquiredFromAcquisition`	-	USD	2 Qtrs
Cash acquired from acquisition of CAE	`CashAcquiredFromAcquisition`	$1.12M	USD	2 Qtrs
Payment of expense for Acquisition of CAE's equity interests	`PaymentOfExpenseForAcquisition`	-	USD	2 Qtrs
Payment of expense for Acquisition of CAE's equity interests	`PaymentOfExpenseForAcquisition`	$348.99K	USD	2 Qtrs
Proceeds from disposal of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$320.00	USD	2 Qtrs
Proceeds from disposal of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	2 Qtrs
Loans provided to third parties	`PaymentsToLoansProvidedToThirdParties`	$100.00K	USD	2 Qtrs
Loans provided to third parties	`PaymentsToLoansProvidedToThirdParties`	$5.15M	USD	2 Qtrs
Repayment of loans from related parties	`ProceedsFromCollectionOfLongtermLoansToRelatedParties`	-	USD	2 Qtrs
Repayment of loans from related parties	`ProceedsFromCollectionOfLongtermLoansToRelatedParties`	$286.92K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.99M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-17.11M	USD	2 Qtrs
Repayment of loans to related parties	`RepaymentsOfRelatedPartyDebt`	-	USD	2 Qtrs
Repayment of loans to related parties	`RepaymentsOfRelatedPartyDebt`	$1.74M	USD	2 Qtrs
Repayment of loans to third parties	`RepaymentOfLoansToThirdParties`	-	USD	2 Qtrs
Repayment of loans to third parties	`RepaymentOfLoansToThirdParties`	$1.16M	USD	2 Qtrs
Purchase of CAE's loan	`PaymentsOfDebtIssuanceCosts`	$13.23M	USD	2 Qtrs
Purchase of CAE's loan	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Reduction of capital	`PaymentsForCapital`	-	USD	2 Qtrs
Reduction of capital	`PaymentsForCapital`	$13.93M	USD	2 Qtrs
Redemption of convertible promissory notes	`PaymentsForRedemptionOfConvertiblePromissoryNotes`	-	USD	2 Qtrs
Redemption of convertible promissory notes	`PaymentsForRedemptionOfConvertiblePromissoryNotes`	$45.58M	USD	2 Qtrs
Payment of expense for the reverse recapitalization	`PaymentForExpenseOfReverseRecapitalization`	$904.84K	USD	2 Qtrs
Payment of expense for the reverse recapitalization	`PaymentForExpenseOfReverseRecapitalization`	-	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-30.96M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-45.58M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-981.47K	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.54M	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-78.13M	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-93.61M	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$154.10M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$261.66M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$183.54M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$60.48M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$154.10M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$261.66M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$183.54M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$60.48M	USD	Point-in-time
Interest paid	`InterestPaidRefunded`	$1.05M	USD	2 Qtrs
Interest paid	`InterestPaidRefunded`	$374.75K	USD	2 Qtrs
Income tax paid	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Income tax paid	`IncomeTaxesPaidNet`	$4.90K	USD	2 Qtrs
Right of use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	2 Qtrs
Right of use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$7.61M	USD	2 Qtrs
Cashless exercise of warrants	`CashlessExerciseOfWarrants`	$2.17M	USD	2 Qtrs
Cashless exercise of warrants	`CashlessExerciseOfWarrants`	-	USD	2 Qtrs

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$239.76M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$263.77M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$171.89M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$146.89M	USD	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	304.45M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	300.84M	shares	Point-in-time
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.31M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.41M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-23.05M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-25.19M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-14.08M	USD	1 Quarter
Net loss	`ProfitLoss`	$-13.71M	USD	1 Quarter
Acquisition of CAE's equity interests	`StockIssuedDuringPeriodValueAcquisitionOfEquityInterest`	$-1.90M	USD	2 Qtrs
Acquisition of CAE's equity interests	`StockIssuedDuringPeriodValueAcquisitionOfEquityInterest`	$1.56M	USD	2 Qtrs
Exercise of warrants	`StockIssuedDuringPeriodValueWarrantsExercised`	$2.17M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.08M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.49M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.83M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.82M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$239.76M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$263.77M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$171.89M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$146.89M	USD	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	304.45M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	300.84M	shares	Point-in-time

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