10-Q Filing

QUANTUMSCAPE CORP CIK: 1811414 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001564590-21-039145`
Period End Date	20210630
Filing Date	20210729
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	qs-10q_20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 80 Cash Flow Statement 60 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 June 30, 2021 and December 31, 2020, respectively, for joint venture)	`CashAndCashEquivalentsAtCarryingValue`	$402.39M	USD	Point-in-time
Cash and cash equivalents ($3,382 and $3,406 as of June 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 June 30, 2021 and December 31, 2020, respectively, for joint venture)	`CashAndCashEquivalentsAtCarryingValue`	$29.18M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$1.17B	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`	$10.62M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.01B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.58B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$43.70M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$91.22M	USD	Point-in-time
Right-of-use assets - finance lease	`FinanceLeaseRightOfUseAsset`	$38.10M	USD	Point-in-time
Right-of-use assets - operating lease	`OperatingLeaseRightOfUseAsset`	$11.71M	USD	Point-in-time
Right-of-use assets - operating lease	`OperatingLeaseRightOfUseAsset`	$23.38M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$402.39M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$113.22M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$12.22M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.19M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.18M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total assets	`Assets`	$1.07B	USD	Point-in-time
Total assets	`Assets`	$1.74B	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`	$5.38M	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$14.13M	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$3.66M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$2.70M	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
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
Operating lease liability, short-term	`OperatingLeaseLiabilityCurrent`	$1.22M	USD	Point-in-time
Operating lease liability, short-term	`OperatingLeaseLiabilityCurrent`	$1.52M	USD	Point-in-time
Strategic premium, short-term	`StrategicPremiumShortTermLiabilityCurrent`	$352.00K	USD	Point-in-time
Strategic premium, short-term	`StrategicPremiumShortTermLiabilityCurrent`	$655.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$12.35M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$25.27M	USD	Point-in-time
Operating lease liability, long-term	`OperatingLeaseLiabilityNoncurrent`	$22.52M	USD	Point-in-time
Operating lease liability, long-term	`OperatingLeaseLiabilityNoncurrent`	$11.24M	USD	Point-in-time
Finance lease liability, long-term	`FinanceLeaseLiabilityNoncurrent`	$38.71M	USD	Point-in-time
Assumed common stock warrant liabilities	`AssumedCommonStockWarrantLiabilitiesNoncurrent`	$148.46M	USD	Point-in-time
Assumed common stock warrant liabilities	`AssumedCommonStockWarrantLiabilitiesNoncurrent`	$689.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$234.95M	USD	Point-in-time
Total liabilities	`Liabilities`	$713.29M	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`	$1.70M	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`	$1.71M	USD	Point-in-time
Redeemable non-controlling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.69M	USD	Point-in-time
Preferred stock- $0.0001 par value; 100,000 shares authorized, none issued and outstanding as of June 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 June 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); 304,933 Class A and 109,607 Class B shares issued and outstanding as of June 30, 2021, 207,769 Class A and 156,225 Class B shares issued and outstanding as of December 31, 2020	`CommonStockValue`	$41.00K	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); 304,933 Class A and 109,607 Class B shares issued and outstanding as of June 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
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$2.33B	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$3.48B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-31.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-694.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.98B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.97B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.29B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.51B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$135.84M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$148.69M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$123.83M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$351.77M	USD	Point-in-time
Total liabilities, redeemable non-controlling interest and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.07B	USD	Point-in-time
Total liabilities, redeemable non-controlling interest and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.74B	USD	Point-in-time

Income Statement 80 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	2 Qtrs
Net income (loss) attributable to non-controlling interest, tax	`NetIncomeLossTaxPortionAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Net income (loss) attributable to non-controlling interest, tax	`NetIncomeLossTaxPortionAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$25.40M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$35.78M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$65.24M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$12.05M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.18M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.75M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$29.06M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$13.85M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$49.62M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$94.30M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$30.14M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$14.23M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-14.23M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-94.30M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-49.62M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-30.14M	USD	2 Qtrs
Interest expense	`InterestExpense`	$238.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$238.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$596.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$349.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$819.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$281.00K	USD	1 Quarter
Change in fair value of assumed common stock warrant liabilities	`FairValueAdjustmentOfWarrants`	$-130.50M	USD	1 Quarter
Change in fair value of assumed common stock warrant liabilities	`FairValueAdjustmentOfWarrants`	$-99.74M	USD	2 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$98.00K	USD	2 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-5.00K	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$819.00K	USD	2 Qtrs
Total other income	`NonoperatingIncomeExpense`	$281.00K	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$100.20M	USD	2 Qtrs
Total other income	`NonoperatingIncomeExpense`	$130.61M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-29.32M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$5.90M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-13.95M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$80.99M	USD	1 Quarter
Less: Net loss attributable to non-controlling interest, net of tax of $0 for the three and six months ended June 30, 2021 and 2020	`NetIncomeLossAttributableToNoncontrollingInterest`	$-10.00K	USD	2 Qtrs
Less: Net loss attributable to non-controlling interest, net of tax of $0 for the three and six months ended June 30, 2021 and 2020	`NetIncomeLossAttributableToNoncontrollingInterest`	$-5.00K	USD	2 Qtrs
Less: Net loss attributable to non-controlling interest, net of tax of $0 for the three and six months ended June 30, 2021 and 2020	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00K	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$80.99M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$-29.32M	USD	2 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$-13.95M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$5.91M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-29.32M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$5.90M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-13.95M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$80.99M	USD	1 Quarter
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$57.00K	USD	2 Qtrs
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-837.00K	USD	1 Quarter
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-258.00K	USD	1 Quarter
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-663.00K	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-14.20M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-29.27M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$80.15M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$5.24M	USD	2 Qtrs
Less: Comprehensive loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.00K	USD	1 Quarter
Less: Comprehensive loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-10.00K	USD	2 Qtrs
Less: Comprehensive loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-5.00K	USD	2 Qtrs
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$5.25M	USD	2 Qtrs
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$80.15M	USD	1 Quarter
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$-14.20M	USD	1 Quarter
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$-29.26M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$-0.12	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$-0.06	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.20	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.02	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.24	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.06	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.12	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.12	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	404.96M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	239.79M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	239.80M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	386.97M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	396.06M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	239.80M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	239.79M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	410.37M	shares	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-29.32M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$5.90M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-13.95M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$80.99M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.08M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.16M	USD	2 Qtrs
Amortization of right-of-use assets- operating lease	`OperatingLeaseRightOfUseAssetAmortization`	$605.00K	USD	2 Qtrs
Amortization of right-of-use assets- operating lease	`OperatingLeaseRightOfUseAssetAmortization`	$706.00K	USD	2 Qtrs
Amortization of right-of-use assets- finance lease	`FinanceLeaseRightOfUseAssetAmortization`	$565.00K	USD	2 Qtrs
Amortization of right-of-use assets- finance lease	`FinanceLeaseRightOfUseAssetAmortization`	$565.00K	USD	1 Quarter
Amortization of premiums and accretion of discounts on marketable securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$5.00K	USD	2 Qtrs
Amortization of premiums and accretion of discounts on marketable securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-5.43M	USD	2 Qtrs
Amortization of strategic premium	`AmortizationOfStrategicPremium`	$327.00K	USD	2 Qtrs
Amortization of strategic premium	`AmortizationOfStrategicPremium`	$302.00K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$4.38M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$23.28M	USD	2 Qtrs
Change in fair value of assumed common stock warrant liabilities	`ChangeInFairValueOfAssumedCommonStockWarrantLiabilities`	$-99.74M	USD	2 Qtrs
Change in fair value of assumed common stock warrant liabilities	`ChangeInFairValueOfAssumedCommonStockWarrantLiabilities`	$-130.50M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$113.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$8.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-468.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$448.00K	USD	2 Qtrs
Accounts payable, accrued liabilities and accrued compensation	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$579.00K	USD	2 Qtrs
Accounts payable, accrued liabilities and accrued compensation	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.02M	USD	2 Qtrs
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-804.00K	USD	2 Qtrs
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-529.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-54.44M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-22.00M	USD	2 Qtrs
Purchases of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.89M	USD	2 Qtrs
Purchases of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$43.66M	USD	2 Qtrs
Proceeds from maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$411.00M	USD	2 Qtrs
Proceeds from maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$62.00M	USD	2 Qtrs
Proceeds from sales of marketable securities	`ProceedsFromSalesOfMarketableSecurities`	$121.45M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$24.35M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$819.34M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-330.54M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$27.76M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$9.45M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$14.00K	USD	2 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$112.32M	USD	2 Qtrs
Payment of Business Combination share issuance costs	`PaymentOfBusinessCombinationShareIssuanceCosts`	$1.02M	USD	2 Qtrs
Proceeds from issuance of common stock, net of issuance costs paid	`ProceedsFromIssuanceOfCommonStock`	$462.93M	USD	2 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	2 Qtrs
Proceeds from finance lease, net of principal payment	`ProceedsFromFinanceLeaseNetOfPrincipalPayment`	$38.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$14.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$683.65M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$5.77M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$298.67M	USD	2 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`	$31.37M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$414.08M	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`	$31.37M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$414.08M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$238.00K	USD	2 Qtrs
Purchases of property and equipment, accrued but not paid	`CapitalExpendituresIncurredButNotYetPaid`	$1.52M	USD	2 Qtrs
Purchases of property and equipment, accrued but not paid	`CapitalExpendituresIncurredButNotYetPaid`	$13.09M	USD	2 Qtrs
Fair value of assumed common stock warrants exercised	`FairValueOfAssumedCommonStockWarrantsExercised`	$441.50M	USD	2 Qtrs

Stockholders Equity 46 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$1.29B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.51B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$135.84M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$148.69M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$123.83M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$351.77M	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`	$1.71M	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
Exercise of stock option	`StockIssuedDuringPeriodValueStockOptionsExercised`	$8.57M	USD	1 Quarter
Exercise of stock option	`StockIssuedDuringPeriodValueStockOptionsExercised`	$9.45M	USD	2 Qtrs
Exercise of stock option	`StockIssuedDuringPeriodValueStockOptionsExercised`	$14.00K	USD	2 Qtrs
Exercise of stock option	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.00K	USD	1 Quarter
Exercise of stock option, Shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	10.53M	shares	2 Qtrs
Exercise of warrants	`StockIssuedDuringPeriodValueWarrantsExercised`	$553.82M	USD	2 Qtrs
Exercise of warrants	`StockIssuedDuringPeriodValueWarrantsExercised`	$12.27M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.38M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.19M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$23.28M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.61M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$80.99M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-29.32M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-13.95M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$5.91M	USD	2 Qtrs
Net loss, Redeemable Non-Controlling interest	`TemporaryEquityNetIncome`	$-10.00K	USD	2 Qtrs
Net loss, Redeemable Non-Controlling interest	`TemporaryEquityNetIncome`	$-5.00K	USD	2 Qtrs
Net loss, Redeemable Non-Controlling interest	`TemporaryEquityNetIncome`	$-1.00K	USD	1 Quarter
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$57.00K	USD	2 Qtrs
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-837.00K	USD	1 Quarter
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-258.00K	USD	1 Quarter
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-663.00K	USD	2 Qtrs
Ending balance	`StockholdersEquity`	$1.29B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.51B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$135.84M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$148.69M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$123.83M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$351.77M	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`	$1.71M	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

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