10-Q Filing

MP MATERIALS CORP. / DE CIK: 1801368 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001801368-21-000046`
Period End Date	20210930
Filing Date	20211110
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	mp-20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 89 Cash Flow Statement 98 Stockholders Equity 24

Balance Sheet 96 line items

Line Item	Tag	Value	Unit	Period
Allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	-	USD	Point-in-time
Allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	-	USD	Point-in-time
Preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.18B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$30.24M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$519.65M	USD	Point-in-time
Preferred stock, authorized (shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, authorized (shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, authorized (shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, issued (shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued (shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable (including related party), net of allowance for credit losses of $0 and $0, respectively	`AccountsReceivableRelatedPartiesCurrent`	$37.09M	USD	Point-in-time
Accounts receivable (including related party), net of allowance for credit losses of $0 and $0, respectively	`AccountsReceivableRelatedPartiesCurrent`	$3.59M	USD	Point-in-time
Preferred shares, outstanding (shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$32.27M	USD	Point-in-time
Inventories	`InventoryNet`	$34.13M	USD	Point-in-time
Preferred shares, outstanding (shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.53M	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.95M	USD	Point-in-time
Common stock, authorized (shares)	`CommonStockSharesAuthorized`	450.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$561.05M	USD	Point-in-time
Common stock, authorized (shares)	`CommonStockSharesAuthorized`	450.00M	shares	Point-in-time
Common stock, authorized (shares)	`CommonStockSharesAuthorized`	450.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.26B	USD	Point-in-time
Common stock, outstanding (shares)	`CommonStockSharesOutstanding`	170.72M	shares	Point-in-time
Common stock, outstanding (shares)	`CommonStockSharesOutstanding`	177.75M	shares	Point-in-time
Common stock, issued (shares)	`CommonStockSharesIssued`	177.75M	shares	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$9.10M	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$25.41M	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$9.12M	USD	Point-in-time
Common stock, issued (shares)	`CommonStockSharesIssued`	170.72M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$501.97M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$582.84M	USD	Point-in-time
Finance lease right-of-use assets	`FinanceLeaseRightOfUseAsset`	$1.03M	USD	Point-in-time
Finance lease right-of-use assets	`FinanceLeaseRightOfUseAsset`	$847.00K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$1.14M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$1.10M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$593.91M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$513.24M	USD	Point-in-time
Total assets	`Assets`	$1.85B	USD	Point-in-time
Total assets	`Assets`	$1.07B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$27.84M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$16.16M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$8.10M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	-	USD	Point-in-time
Current installments of long-term debt	`LongTermDebtCurrentMaturitiesExcludingRelatedParties`	$2.40M	USD	Point-in-time
Current installments of long-term debt	`LongTermDebtCurrentMaturitiesExcludingRelatedParties`	-	USD	Point-in-time
Current installments of long-term debtrelated party	`LongTermDebtCurrentMaturitiesRelatedParties`	$22.07M	USD	Point-in-time
Current installments of long-term debtrelated party	`LongTermDebtCurrentMaturitiesRelatedParties`	$30.94M	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$254.00K	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$266.00K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$2.16M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$3.64M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$70.77M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$43.06M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$25.57M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$26.93M	USD	Point-in-time
Environmental obligations	`AccruedEnvironmentalLossContingenciesNoncurrent`	$16.60M	USD	Point-in-time
Environmental obligations	`AccruedEnvironmentalLossContingenciesNoncurrent`	$16.53M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtExcludingCurrentMaturitiesAndRelatedParties`	$674.05M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtExcludingCurrentMaturitiesAndRelatedParties`	$961.00K	USD	Point-in-time
Long-term debtrelated party, net of current portion	`LongTermDebtExcludingCurrentMaturitiesRelatedParties`	-	USD	Point-in-time
Long-term debtrelated party, net of current portion	`LongTermDebtExcludingCurrentMaturitiesRelatedParties`	$44.38M	USD	Point-in-time
Finance lease liabilities, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$625.00K	USD	Point-in-time
Finance lease liabilities, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$736.00K	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$87.47M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$98.44M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$1.63M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$7.92M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$177.35M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$824.49M	USD	Point-in-time
Total liabilities	`Liabilities`	$895.26M	USD	Point-in-time
Total liabilities	`Liabilities`	$220.41M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock ($0.0001 par value, 50,000,000 shares authorized, none issued and outstanding in either period)	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock ($0.0001 par value, 50,000,000 shares authorized, none issued and outstanding in either period)	`PreferredStockValue`	-	USD	Point-in-time
Common stock ($0.0001 par value, 450,000,000 shares authorized, 177,747,598 and 170,719,979 shares issued and outstanding, as of September 30, 2021, and December 31, 2020, respectively)	`CommonStockValue`	$17.00K	USD	Point-in-time
Common stock ($0.0001 par value, 450,000,000 shares authorized, 177,747,598 and 170,719,979 shares issued and outstanding, as of September 30, 2021, and December 31, 2020, respectively)	`CommonStockValue`	$18.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$930.75M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$916.48M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$23.43M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-62.62M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$906.62M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$-18.02M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$954.20M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$-10.12M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$853.88M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$-24.74M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.07B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.85B	USD	Point-in-time

Income Statement 89 line items

Line Item	Tag	Value	Unit	Period
Product sales (including related party)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$230.84M	USD	3 Qtrs
Product sales (including related party)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$91.70M	USD	3 Qtrs
Product sales (including related party)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$98.58M	USD	1 Quarter
Product sales (including related party)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$40.86M	USD	1 Quarter
Other sales	`RevenueNotFromContractWithCustomer`	$1.17M	USD	1 Quarter
Other sales	`RevenueNotFromContractWithCustomer`	$2.00M	USD	3 Qtrs
Other sales	`RevenueNotFromContractWithCustomer`	$158.00K	USD	1 Quarter
Other sales	`RevenueNotFromContractWithCustomer`	$433.00K	USD	3 Qtrs
Total revenue	`Revenues`	$41.02M	USD	1 Quarter
Total revenue	`Revenues`	$92.13M	USD	3 Qtrs
Total revenue	`Revenues`	$232.84M	USD	3 Qtrs
Total revenue	`Revenues`	$99.75M	USD	1 Quarter
Cost of sales (including related party)(excluding depreciation, depletion and amortization)	`CostOfRevenueExcludingDepreciationDepletionAndAmortization`	$21.91M	USD	1 Quarter
Cost of sales (including related party)(excluding depreciation, depletion and amortization)	`CostOfRevenueExcludingDepreciationDepletionAndAmortization`	$15.43M	USD	1 Quarter
Cost of sales (including related party)(excluding depreciation, depletion and amortization)	`CostOfRevenueExcludingDepreciationDepletionAndAmortization`	$57.80M	USD	3 Qtrs
Cost of sales (including related party)(excluding depreciation, depletion and amortization)	`CostOfRevenueExcludingDepreciationDepletionAndAmortization`	$44.96M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$5.63M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$14.48M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$14.88M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$40.99M	USD	3 Qtrs
Advanced projects, development and other	`AdvancedProjectsDevelopmentAndOtherExpense`	$2.44M	USD	3 Qtrs
Advanced projects, development and other	`AdvancedProjectsDevelopmentAndOtherExpense`	$96.00K	USD	3 Qtrs
Advanced projects, development and other	`AdvancedProjectsDevelopmentAndOtherExpense`	$1.33M	USD	1 Quarter
Advanced projects, development and other	`AdvancedProjectsDevelopmentAndOtherExpense`	$11.00K	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$6.95M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$2.18M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$19.77M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$4.83M	USD	3 Qtrs
Accretion of asset retirement and environmental obligations	`AccretionExpenseIncludingAssetRetirementObligations`	$563.00K	USD	1 Quarter
Accretion of asset retirement and environmental obligations	`AccretionExpenseIncludingAssetRetirementObligations`	$595.00K	USD	1 Quarter
Accretion of asset retirement and environmental obligations	`AccretionExpenseIncludingAssetRetirementObligations`	$1.69M	USD	3 Qtrs
Accretion of asset retirement and environmental obligations	`AccretionExpenseIncludingAssetRetirementObligations`	$1.78M	USD	3 Qtrs
Royalty expense to SNR	`RoyaltyExpense`	$1.05M	USD	1 Quarter
Royalty expense to SNR	`RoyaltyExpense`	-	USD	3 Qtrs
Royalty expense to SNR	`RoyaltyExpense`	-	USD	1 Quarter
Royalty expense to SNR	`RoyaltyExpense`	$1.91M	USD	3 Qtrs
Write-down of inventories	`InventoryWriteDown`	-	USD	1 Quarter
Write-down of inventories	`InventoryWriteDown`	-	USD	3 Qtrs
Write-down of inventories	`InventoryWriteDown`	$1.81M	USD	3 Qtrs
Write-down of inventories	`InventoryWriteDown`	-	USD	1 Quarter
Settlement charge	`GainLossOnContractTermination`	$-66.61M	USD	3 Qtrs
Settlement charge	`GainLossOnContractTermination`	$-66.60M	USD	1 Quarter
Settlement charge	`GainLossOnContractTermination`	-	USD	1 Quarter
Settlement charge	`GainLossOnContractTermination`	-	USD	1 Quarter
Settlement charge	`GainLossOnContractTermination`	-	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$24.87M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$134.58M	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$124.58M	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$45.66M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-42.44M	USD	3 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$16.15M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$54.09M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$108.27M	USD	3 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$298.00K	USD	3 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$97.00K	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$3.66M	USD	3 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$61.00K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$3.58M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$1.71M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$2.62M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$6.42M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$14.50M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$105.51M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-45.73M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$51.57M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-125.00K	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$19.46M	USD	3 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$211.00K	USD	3 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$8.80M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-45.94M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$14.63M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$42.76M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$86.05M	USD	3 Qtrs
Basic (in USD per share)	`EarningsPerShareBasic`	$0.24	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$-0.67	USD	3 Qtrs
Basic (in USD per share)	`EarningsPerShareBasic`	$0.50	USD	3 Qtrs
Basic (in USD per share)	`EarningsPerShareBasic`	$0.20	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$0.20	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$0.47	USD	3 Qtrs
Diluted (in USD per share)	`EarningsPerShareDiluted`	$0.23	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$-0.67	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	71.94M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	68.88M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	176.05M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	172.58M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	188.64M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	193.22M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	68.88M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	71.94M	shares	1 Quarter

Cash Flow Statement 98 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-45.94M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$14.63M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$42.76M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$86.05M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$6.95M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$2.18M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$19.77M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$4.83M	USD	3 Qtrs
Accretion of asset retirement and environmental obligations	`AccretionExpenseIncludingAssetRetirementObligations`	$563.00K	USD	1 Quarter
Accretion of asset retirement and environmental obligations	`AccretionExpenseIncludingAssetRetirementObligations`	$595.00K	USD	1 Quarter
Accretion of asset retirement and environmental obligations	`AccretionExpenseIncludingAssetRetirementObligations`	$1.69M	USD	3 Qtrs
Accretion of asset retirement and environmental obligations	`AccretionExpenseIncludingAssetRetirementObligations`	$1.78M	USD	3 Qtrs
Gain on forgiveness of Paycheck Protection Loan	`GainsLossesOnExtinguishmentOfDebt`	$3.40M	USD	3 Qtrs
Gain on forgiveness of Paycheck Protection Loan	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on sale or disposal of long-lived assets, net	`GainLossOnSaleOfPropertyPlantEquipment`	$-219.00K	USD	3 Qtrs
Loss on sale or disposal of long-lived assets, net	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	-	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$14.72M	USD	3 Qtrs
Accretion of debt discount and amortization of debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$5.39M	USD	3 Qtrs
Accretion of debt discount and amortization of debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.87M	USD	3 Qtrs
Write-down of inventories	`InventoryWriteDown`	-	USD	1 Quarter
Write-down of inventories	`InventoryWriteDown`	-	USD	3 Qtrs
Write-down of inventories	`InventoryWriteDown`	$1.81M	USD	3 Qtrs
Write-down of inventories	`InventoryWriteDown`	-	USD	1 Quarter
Non-cash settlement charge	`GainLossOnContractTermination`	$-66.61M	USD	3 Qtrs
Non-cash settlement charge	`GainLossOnContractTermination`	$-66.60M	USD	1 Quarter
Non-cash settlement charge	`GainLossOnContractTermination`	-	USD	1 Quarter
Non-cash settlement charge	`GainLossOnContractTermination`	-	USD	1 Quarter
Non-cash settlement charge	`GainLossOnContractTermination`	-	USD	3 Qtrs
Revenue recognized in exchange for debt principal reduction	`ContractWithCustomerLiabilityRelatedPartiesRevenueRecognizedForDebtPrincipalReduction`	$14.74M	USD	3 Qtrs
Revenue recognized in exchange for debt principal reduction	`ContractWithCustomerLiabilityRelatedPartiesRevenueRecognizedForDebtPrincipalReduction`	$38.86M	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-11.26M	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	-	USD	3 Qtrs
Accounts receivable (including related party)	`IncreaseDecreaseInAccountsReceivable`	$3.20M	USD	3 Qtrs
Accounts receivable (including related party)	`IncreaseDecreaseInAccountsReceivable`	$33.51M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$3.66M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$7.99M	USD	3 Qtrs
Prepaid expenses, other current and non-current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.20M	USD	3 Qtrs
Prepaid expenses, other current and non-current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.35M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.87M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.30M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$8.10M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	3 Qtrs
Refund liability to related party	`IncreaseDecreaseInContractWithCustomerLiabilityRelatedPartiesRefundLiability`	$-2.75M	USD	3 Qtrs
Refund liability to related party	`IncreaseDecreaseInContractWithCustomerLiabilityRelatedPartiesRefundLiability`	-	USD	3 Qtrs
Deferred revenue from related party	`IncreaseDecreaseInContractWithCustomerLiabilityRelatedParties`	$1.93M	USD	3 Qtrs
Deferred revenue from related party	`IncreaseDecreaseInContractWithCustomerLiabilityRelatedParties`	-	USD	3 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$1.45M	USD	3 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.15M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$70.46M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-318.00K	USD	3 Qtrs
Additions of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.70M	USD	3 Qtrs
Additions of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$86.42M	USD	3 Qtrs
Additions of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.40M	USD	Point-in-time
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$125.00K	USD	3 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	3 Qtrs
Proceeds from government awards used for construction	`ProceedsFromGovernmentReimbursementsForPropertyPlantAndEquipment`	$2.60M	USD	1 Quarter
Proceeds from government awards used for construction	`ProceedsFromGovernmentReimbursementsForPropertyPlantAndEquipment`	-	USD	3 Qtrs
Proceeds from government awards used for construction	`ProceedsFromGovernmentReimbursementsForPropertyPlantAndEquipment`	$2.62M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.70M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-83.68M	USD	3 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfOtherLongTermDebt`	$690.00M	USD	3 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfOtherLongTermDebt`	$3.36M	USD	3 Qtrs
Proceeds from Second Additional Advance	`ProceedsFromRelatedPartyDebt`	$35.45M	USD	3 Qtrs
Proceeds from Second Additional Advance	`ProceedsFromRelatedPartyDebt`	-	USD	3 Qtrs
Principal payments on debt obligations and finance leases	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$1.71M	USD	3 Qtrs
Principal payments on debt obligations and finance leases	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$1.05M	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$17.75M	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Payment of underwriting and transaction costs	`PaymentsOfStockIssuanceCosts`	$1.58M	USD	3 Qtrs
Payment of underwriting and transaction costs	`PaymentsOfStockIssuanceCosts`	-	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-934.00K	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$36.19M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$669.61M	USD	3 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$656.39M	USD	3 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$26.17M	USD	3 Qtrs
Cash, cash equivalents and restricted cash beginning balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.19B	USD	Point-in-time
Cash, cash equivalents and restricted cash beginning balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$55.74M	USD	Point-in-time
Cash, cash equivalents and restricted cash beginning balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$532.44M	USD	Point-in-time
Cash, cash equivalents and restricted cash beginning balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.57M	USD	Point-in-time
Cash, cash equivalents and restricted cash ending balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.19B	USD	Point-in-time
Cash, cash equivalents and restricted cash ending balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$55.74M	USD	Point-in-time
Cash, cash equivalents and restricted cash ending balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$532.44M	USD	Point-in-time
Cash, cash equivalents and restricted cash ending balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.57M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.18B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$30.24M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$519.65M	USD	Point-in-time
Restricted cash, current	`RestrictedCashCurrent`	$3.69M	USD	Point-in-time
Restricted cash, current	`RestrictedCashCurrent`	$339.00K	USD	Point-in-time
Restricted cash, current	`RestrictedCashCurrent`	$96.00K	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$9.10M	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$25.41M	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$9.12M	USD	Point-in-time
Cash, cash equivalents, restricted cash and Restricted cash equivalents, total	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.19B	USD	Point-in-time
Cash, cash equivalents, restricted cash and Restricted cash equivalents, total	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$55.74M	USD	Point-in-time
Cash, cash equivalents, restricted cash and Restricted cash equivalents, total	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$532.44M	USD	Point-in-time
Cash, cash equivalents, restricted cash and Restricted cash equivalents, total	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.57M	USD	Point-in-time

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$906.62M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-18.02M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$954.20M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-10.12M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$853.88M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-24.74M	USD	Point-in-time
Redemption of Public Warrants	`StockIssuedDuringPeriodValueWarrantsExercised`	$-1.00K	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.55M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.72M	USD	3 Qtrs
Shares used to settle payroll tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$563.00K	USD	3 Qtrs
Shares used to settle payroll tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$36.00K	USD	1 Quarter
Issuance of Shenghe Warrant	`StockIssuedDuringPeriodValueWarrants`	$53.85M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-45.94M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$14.63M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$42.76M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$86.05M	USD	3 Qtrs
Other	`StockholdersEquityOther`	$-111.00K	USD	3 Qtrs
Other	`StockholdersEquityOther`	$-291.00K	USD	1 Quarter
Ending balance	`StockholdersEquity`	$906.62M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-18.02M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$954.20M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-10.12M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$853.88M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-24.74M	USD	Point-in-time

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