10-Q Filing

MP MATERIALS CORP. / DE CIK: 1801368 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001801368-22-000036`
Period End Date	20220930
Filing Date	20221104
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	mp-20220930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 72 Cash Flow Statement 93 Stockholders Equity 31 Comprehensive Income 12

Balance Sheet 87 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, authorized (shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.18B	USD	Point-in-time
Preferred stock, authorized (shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$427.97M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.18B	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	-	USD	Point-in-time
Preferred stock, issued (shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$836.29M	USD	Point-in-time
Preferred stock, issued (shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred shares, outstanding (shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total cash, cash equivalents and short-term investments	`CashCashEquivalentsAndShortTermInvestments`	$1.18B	USD	Point-in-time
Total cash, cash equivalents and short-term investments	`CashCashEquivalentsAndShortTermInvestments`	$1.26B	USD	Point-in-time
Preferred shares, outstanding (shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable (including related party), net of allowance for credit losses of $0 and $0, respectively	`AccountsReceivableRelatedPartiesCurrent`	$16.02M	USD	Point-in-time
Accounts receivable (including related party), net of allowance for credit losses of $0 and $0, respectively	`AccountsReceivableRelatedPartiesCurrent`	$51.01M	USD	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
Common stock, authorized (shares)	`CommonStockSharesAuthorized`	450.00M	shares	Point-in-time
Inventories	`InventoryNet`	$61.65M	USD	Point-in-time
Common stock, authorized (shares)	`CommonStockSharesAuthorized`	450.00M	shares	Point-in-time
Inventories	`InventoryNet`	$38.69M	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	-	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$3.86M	USD	Point-in-time
Common stock, outstanding (shares)	`CommonStockSharesOutstanding`	177.53M	shares	Point-in-time
Common stock, outstanding (shares)	`CommonStockSharesOutstanding`	177.82M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$11.00M	USD	Point-in-time
Common stock, issued (shares)	`CommonStockSharesIssued`	177.82M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$7.81M	USD	Point-in-time
Common stock, issued (shares)	`CommonStockSharesIssued`	177.53M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.36B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.28B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$830.03M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$610.61M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$2.35M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$2.25M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$832.38M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$612.86M	USD	Point-in-time
Total assets	`Assets`	$1.89B	USD	Point-in-time
Total assets	`Assets`	$2.19B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$70.24M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$35.73M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$3.46M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	-	USD	Point-in-time
Current installments of long-term debtrelated party	`LongTermDebtCurrentMaturitiesRelatedParties`	$16.08M	USD	Point-in-time
Current installments of long-term debtrelated party	`LongTermDebtCurrentMaturitiesRelatedParties`	-	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$4.50M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$4.26M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$59.54M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$74.75M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$17.61M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$5.24M	USD	Point-in-time
Environmental obligations	`AccruedEnvironmentalLossContingenciesNoncurrent`	$16.58M	USD	Point-in-time
Environmental obligations	`AccruedEnvironmentalLossContingenciesNoncurrent`	$16.60M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$674.93M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$677.56M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$167.03M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$104.50M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$5.69M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$7.75M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$872.11M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$821.39M	USD	Point-in-time
Total liabilities	`Liabilities`	$880.93M	USD	Point-in-time
Total liabilities	`Liabilities`	$946.86M	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, 177,534,638 and 177,816,554 shares issued and outstanding, as of September 30, 2022, and December 31, 2021, respectively)	`CommonStockValue`	$18.00K	USD	Point-in-time
Common stock ($0.0001 par value, 450,000,000 shares authorized, 177,534,638 and 177,816,554 shares issued and outstanding, as of September 30, 2022, and December 31, 2021, respectively)	`CommonStockValue`	$18.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$936.30M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$947.97M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$72.42M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$294.41M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-97.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.17B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.01B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$853.88M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$954.20M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.24B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$906.62M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.19B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.89B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$434.26M	USD	3 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$99.75M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$124.44M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$232.84M	USD	3 Qtrs
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`	$57.80M	USD	3 Qtrs
Cost of sales (including related party)(excluding depreciation, depletion and amortization)	`CostOfRevenueExcludingDepreciationDepletionAndAmortization`	$22.42M	USD	1 Quarter
Cost of sales (including related party)(excluding depreciation, depletion and amortization)	`CostOfRevenueExcludingDepreciationDepletionAndAmortization`	$67.68M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$56.39M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$40.99M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$17.60M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$14.88M	USD	1 Quarter
Advanced projects, development and other	`AdvancedProjectsDevelopmentAndOtherExpense`	$2.74M	USD	1 Quarter
Advanced projects, development and other	`AdvancedProjectsDevelopmentAndOtherExpense`	$2.44M	USD	3 Qtrs
Advanced projects, development and other	`AdvancedProjectsDevelopmentAndOtherExpense`	$6.23M	USD	3 Qtrs
Advanced projects, development and other	`AdvancedProjectsDevelopmentAndOtherExpense`	$1.33M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$19.77M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$2.10M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$12.76M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$6.95M	USD	1 Quarter
Accretion of asset retirement and environmental obligations	`AccretionExpenseIncludingAssetRetirementObligations`	$418.00K	USD	1 Quarter
Accretion of asset retirement and environmental obligations	`AccretionExpenseIncludingAssetRetirementObligations`	$595.00K	USD	1 Quarter
Accretion of asset retirement and environmental obligations	`AccretionExpenseIncludingAssetRetirementObligations`	$1.25M	USD	3 Qtrs
Accretion of asset retirement and environmental obligations	`AccretionExpenseIncludingAssetRetirementObligations`	$1.78M	USD	3 Qtrs
Write-down of inventories	`InventoryWriteDown`	-	USD	1 Quarter
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
Total operating costs and expenses	`CostsAndExpenses`	$124.58M	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$45.66M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$144.32M	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$45.28M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$289.94M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$79.17M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$108.27M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$54.09M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-2.62M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-4.46M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-6.42M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-1.22M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$8.57M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$6.17M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$97.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$3.66M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$51.57M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$84.11M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$294.06M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$105.51M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$19.46M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$8.80M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$20.93M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$72.07M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$86.05M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$42.76M	USD	1 Quarter
Net income	`NetIncomeLoss`	$63.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$222.00M	USD	3 Qtrs
Basic EPS (in USD per share)	`EarningsPerShareBasic`	$0.36	USD	1 Quarter
Basic EPS (in USD per share)	`EarningsPerShareBasic`	$1.26	USD	3 Qtrs
Basic EPS (in USD per share)	`EarningsPerShareBasic`	$0.24	USD	1 Quarter
Basic EPS (in USD per share)	`EarningsPerShareBasic`	$0.50	USD	3 Qtrs
Diluted EPS (in USD per share)	`EarningsPerShareDiluted`	$0.23	USD	1 Quarter
Diluted EPS (in USD per share)	`EarningsPerShareDiluted`	$1.16	USD	3 Qtrs
Diluted EPS (in USD per share)	`EarningsPerShareDiluted`	$0.33	USD	1 Quarter
Diluted EPS (in USD per share)	`EarningsPerShareDiluted`	$0.47	USD	3 Qtrs
Weighted-average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	176.54M	shares	1 Quarter
Weighted-average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	172.58M	shares	3 Qtrs
Weighted-average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	176.05M	shares	1 Quarter
Weighted-average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	176.48M	shares	3 Qtrs
Weighted-average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	188.64M	shares	3 Qtrs
Weighted-average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	193.41M	shares	1 Quarter
Weighted-average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	193.22M	shares	1 Quarter
Weighted-average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	193.44M	shares	3 Qtrs

Cash Flow Statement 93 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$86.05M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$42.76M	USD	1 Quarter
Net income	`NetIncomeLoss`	$63.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$222.00M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$19.77M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$2.10M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$12.76M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$6.95M	USD	1 Quarter
Accretion of asset retirement and environmental obligations	`AccretionExpenseIncludingAssetRetirementObligations`	$418.00K	USD	1 Quarter
Accretion of asset retirement and environmental obligations	`AccretionExpenseIncludingAssetRetirementObligations`	$595.00K	USD	1 Quarter
Accretion of asset retirement and environmental obligations	`AccretionExpenseIncludingAssetRetirementObligations`	$1.25M	USD	3 Qtrs
Accretion of asset retirement and environmental obligations	`AccretionExpenseIncludingAssetRetirementObligations`	$1.78M	USD	3 Qtrs
Accretion of discount on short-term investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$3.92M	USD	3 Qtrs
Accretion of discount on short-term investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	-	USD	3 Qtrs
Gain on forgiveness of Paycheck Protection Loan	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Gain on forgiveness of Paycheck Protection Loan	`GainsLossesOnExtinguishmentOfDebt`	$3.40M	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`	$-258.00K	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$25.02M	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`	$3.15M	USD	3 Qtrs
Write-down of inventories	`InventoryWriteDown`	-	USD	1 Quarter
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
Revenue recognized in exchange for debt principal reduction	`ContractWithCustomerLiabilityRelatedPartiesRevenueRecognizedForDebtPrincipalReduction`	$38.86M	USD	3 Qtrs
Revenue recognized in exchange for debt principal reduction	`ContractWithCustomerLiabilityRelatedPartiesRevenueRecognizedForDebtPrincipalReduction`	$13.57M	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-62.56M	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-11.26M	USD	3 Qtrs
Accounts receivable (including related party)	`IncreaseDecreaseInAccountsReceivable`	$33.51M	USD	3 Qtrs
Accounts receivable (including related party)	`IncreaseDecreaseInAccountsReceivable`	$-34.99M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$22.39M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$3.66M	USD	3 Qtrs
Increase (Decrease) in Income Taxes Receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$3.86M	USD	3 Qtrs
Increase (Decrease) in Income Taxes Receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	-	USD	3 Qtrs
Prepaid expenses, other current and non-current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.34M	USD	3 Qtrs
Prepaid expenses, other current and non-current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.35M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.27M	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`	$-3.46M	USD	3 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.15M	USD	3 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-453.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$314.42M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$70.46M	USD	3 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$214.33M	USD	3 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$86.42M	USD	3 Qtrs
Proceeds from Sale of Debt Securities, Available-for-Sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	3 Qtrs
Proceeds from Sale of Debt Securities, Available-for-Sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$313.87M	USD	3 Qtrs
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-Sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$212.00M	USD	3 Qtrs
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-Sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	-	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.36B	USD	3 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	3 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$125.00K	USD	3 Qtrs
Proceeds from government awards used for construction	`ProceedsFromGovernmentReimbursementsForPropertyPlantAndEquipment`	$2.62M	USD	3 Qtrs
Proceeds from government awards used for construction	`ProceedsFromGovernmentReimbursementsForPropertyPlantAndEquipment`	$5.13M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.04B	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`	-	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`	$5.14M	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$17.75M	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Tax withholding on stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$563.00K	USD	3 Qtrs
Tax withholding on stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$14.30M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-371.00K	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$669.61M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-19.43M	USD	3 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-746.74M	USD	3 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$656.39M	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`	$532.44M	USD	Point-in-time
Cash, cash equivalents and restricted cash beginning balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$434.41M	USD	Point-in-time
Cash, cash equivalents and restricted cash beginning balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.18B	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`	$532.44M	USD	Point-in-time
Cash, cash equivalents and restricted cash ending balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$434.41M	USD	Point-in-time
Cash, cash equivalents and restricted cash ending balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.18B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.18B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$427.97M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.18B	USD	Point-in-time
Restricted cash, current	`RestrictedCashCurrent`	$339.00K	USD	Point-in-time
Restricted cash, current	`RestrictedCashCurrent`	$5.92M	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$9.12M	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$530.00K	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.19B	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$532.44M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$434.41M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.18B	USD	Point-in-time

Stockholders Equity 31 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$1.17B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.01B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$853.88M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$954.20M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.24B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$906.62M	USD	Point-in-time
Redemption of Public Warrants	`StockIssuedDuringPeriodValueWarrants`	$-1.00K	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$25.97M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.07M	USD	1 Quarter
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`	$36.00K	USD	1 Quarter
Shares used to settle payroll tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	1 Quarter
Shares used to settle payroll tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$563.00K	USD	3 Qtrs
Shares used to settle payroll tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$14.30M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$86.05M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$42.76M	USD	1 Quarter
Net income	`NetIncomeLoss`	$63.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$222.00M	USD	3 Qtrs
Other	`StockholdersEquityOther`	$-291.00K	USD	1 Quarter
Other	`StockholdersEquityOther`	$-111.00K	USD	3 Qtrs
Ending balance	`StockholdersEquity`	$1.17B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.01B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$853.88M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$954.20M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.24B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$906.62M	USD	Point-in-time
Change in unrealized gains on available-for-sale securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	3 Qtrs
Change in unrealized gains on available-for-sale securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$319.00K	USD	1 Quarter
Change in unrealized gains on available-for-sale securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	1 Quarter
Change in unrealized gains on available-for-sale securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-97.00K	USD	3 Qtrs

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$86.05M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$42.76M	USD	1 Quarter
Net income	`NetIncomeLoss`	$63.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$222.00M	USD	3 Qtrs
Change in unrealized gains on available-for-sale securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	3 Qtrs
Change in unrealized gains on available-for-sale securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$319.00K	USD	1 Quarter
Change in unrealized gains on available-for-sale securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	1 Quarter
Change in unrealized gains on available-for-sale securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-97.00K	USD	3 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$42.76M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$63.50M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$221.90M	USD	3 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$86.05M	USD	3 Qtrs

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