10-Q Filing

Nuvve Holding Corp. CIK: 1836875 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001836875-21-000013`
Period End Date	20210630
Filing Date	20210813
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	nvve-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 74 Cash Flow Statement 109 Stockholders Equity 47 Comprehensive Income 16

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares issued (in Shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in Shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$48.06M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$2.28M	USD	Point-in-time
Preferred stock, shares authorized (in Shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized (in Shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$380.00K	USD	Point-in-time
Preferred stock, shares outstanding (in Shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in Shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	-	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$999.90K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$1.14M	USD	Point-in-time
Common stock par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories	`InventoryNet`	$1.05M	USD	Point-in-time
Common stock par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories	`InventoryNet`	$4.22M	USD	Point-in-time
Common stock, shares authorized (in Shares)	`CommonStockSharesAuthorized`	30.00M	shares	Point-in-time
Security deposit, current	`DepositsAssetsCurrent`	$20.43K	USD	Point-in-time
Common stock, shares authorized (in Shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Security deposit, current	`DepositsAssetsCurrent`	-	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$416.99K	USD	Point-in-time
Common stock, shares issued (in Shares)	`CommonStockSharesIssued`	9.12M	shares	Point-in-time
Common stock, shares issued (in Shares)	`CommonStockSharesIssued`	18.63M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.17M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$4.77M	USD	Point-in-time
Common stock, shares outstanding (in Shares)	`CommonStockSharesOutstanding`	18.63M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$55.97M	USD	Point-in-time
Common stock, shares outstanding (in Shares)	`CommonStockSharesOutstanding`	9.12M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$95.23K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$103.39K	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.62M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.55M	USD	Point-in-time
Investment	`Investments`	$670.95K	USD	Point-in-time
Investment	`Investments`	$670.95K	USD	Point-in-time
Right-of-use operating assets	`OperatingLeaseRightOfUseAsset`	$5.25K	USD	Point-in-time
Right-of-use operating assets	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Deferred financing costs	`DeferredCostsCurrentAndNoncurrent`	$43.82M	USD	Point-in-time
Deferred financing costs	`DeferredCostsCurrentAndNoncurrent`	-	USD	Point-in-time
Security deposit, long-term	`DepositsAssetsNoncurrent`	$3.06K	USD	Point-in-time
Security deposit, long-term	`DepositsAssetsNoncurrent`	$3.06K	USD	Point-in-time
Total Assets	`Assets`	$7.16M	USD	Point-in-time
Total Assets	`Assets`	$102.12M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.29M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.96M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$585.40K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$2.28M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$502.37K	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$196.45K	USD	Point-in-time
Debt	`DebtCurrent`	$4.29M	USD	Point-in-time
Debt	`DebtCurrent`	-	USD	Point-in-time
Operating lease liabilities - current	`OperatingLeaseLiabilityCurrent`	$5.41K	USD	Point-in-time
Operating lease liabilities - current	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Other liabilities	`OtherLiabilitiesCurrent`	$3.36K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesCurrent`	-	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$8.04M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$6.08M	USD	Point-in-time
Warrants liability	`DerivativeLiabilitiesNoncurrent`	-	USD	Point-in-time
Warrants liability	`DerivativeLiabilitiesNoncurrent`	$1.18M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	-	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$26.61K	USD	Point-in-time
Total Liabilities	`Liabilities`	$8.04M	USD	Point-in-time
Total Liabilities	`Liabilities`	$7.29M	USD	Point-in-time
Commitments and Contingencies - Note 14	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies - Note 14	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, value, issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, value, issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value, 100,000,000 and 30,000,000 shares authorized; 18,626,624 and 9,122,996 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$2.62K	USD	Point-in-time
Common stock, $0.0001 par value, 100,000,000 and 30,000,000 shares authorized; 18,626,624 and 9,122,996 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$1.86K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$19.65M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$126.82M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-77.84K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$18.76K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-32.01M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-20.46M	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquity`	$139.64K	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquity`	$57.39M	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquity`	$-880.71K	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquity`	$1.67M	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquity`	$1.22M	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquity`	$94.83M	USD	Point-in-time
Total Liabilities and Stockholders Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$7.16M	USD	Point-in-time
Total Liabilities and Stockholders Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$102.12M	USD	Point-in-time

Income Statement 74 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$981.33K	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.41M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$463.14K	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.78M	USD	2 Qtrs
Cost of product and service revenue	`CostOfRevenue`	$33.20K	USD	2 Qtrs
Cost of product and service revenue	`CostOfRevenue`	$362.66K	USD	1 Quarter
Cost of product and service revenue	`CostOfRevenue`	$10.81K	USD	1 Quarter
Cost of product and service revenue	`CostOfRevenue`	$489.89K	USD	2 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$9.75M	USD	2 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$5.27M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$1.72M	USD	2 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$868.81K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.21M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$1.69M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$665.46K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$2.95M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$2.96M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$13.19M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$1.55M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$7.32M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-1.08M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-6.34M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-1.55M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-11.41M	USD	2 Qtrs
Interest income (expense)	`InterestIncomeExpenseNet`	$1.98K	USD	1 Quarter
Interest income (expense)	`InterestIncomeExpenseNet`	$-7.33K	USD	2 Qtrs
Interest income (expense)	`InterestIncomeExpenseNet`	$-595.57K	USD	2 Qtrs
Interest income (expense)	`InterestIncomeExpenseNet`	$-5.46K	USD	1 Quarter
Change in fair value of conversion option on convertible notes	`ChangeInFairValueOfConversionOptionOnConvertibleNotes`	$-3.11K	USD	1 Quarter
Change in fair value of conversion option on convertible notes	`ChangeInFairValueOfConversionOptionOnConvertibleNotes`	-	USD	2 Qtrs
Change in fair value of conversion option on convertible notes	`ChangeInFairValueOfConversionOptionOnConvertibleNotes`	-	USD	2 Qtrs
Change in fair value of conversion option on convertible notes	`ChangeInFairValueOfConversionOptionOnConvertibleNotes`	-	USD	1 Quarter
Change in fair value of warrants liability	`FairValueAdjustmentOfWarrants`	$351.60K	USD	1 Quarter
Change in fair value of warrants liability	`FairValueAdjustmentOfWarrants`	-	USD	2 Qtrs
Change in fair value of warrants liability	`FairValueAdjustmentOfWarrants`	-	USD	1 Quarter
Change in fair value of warrants liability	`FairValueAdjustmentOfWarrants`	$-70.23K	USD	2 Qtrs
Other, net	`OtherOperatingIncomeExpenseNet`	$391.56K	USD	2 Qtrs
Other, net	`OtherOperatingIncomeExpenseNet`	$5.66K	USD	2 Qtrs
Other, net	`OtherOperatingIncomeExpenseNet`	$503.68K	USD	1 Quarter
Other, net	`OtherOperatingIncomeExpenseNet`	$31.18K	USD	1 Quarter
Total other expense	`OtherNonoperatingIncomeExpense`	$154.06K	USD	1 Quarter
Total other expense	`OtherNonoperatingIncomeExpense`	$-133.78K	USD	2 Qtrs
Total other expense	`OtherNonoperatingIncomeExpense`	$-1.67K	USD	2 Qtrs
Total other expense	`OtherNonoperatingIncomeExpense`	$28.84K	USD	1 Quarter
Loss before taxes	`IncomeLossAttributableToParent`	$-1.55M	USD	2 Qtrs
Loss before taxes	`IncomeLossAttributableToParent`	$-6.19M	USD	1 Quarter
Loss before taxes	`IncomeLossAttributableToParent`	$-1.05M	USD	1 Quarter
Loss before taxes	`IncomeLossAttributableToParent`	$-11.55M	USD	2 Qtrs
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$1.00K	USD	2 Qtrs
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$1.00K	USD	2 Qtrs
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$1.00K	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$1.00K	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-5.36M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-1.05M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-1.55M	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLoss`	$-6.19M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-11.55M	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLoss`	$-497.81K	USD	1 Quarter
Net loss per share attributable to common stockholders, basic (in Dollars per share)	`EarningsPerShareBasic`	$-0.79	USD	2 Qtrs
Net loss per share attributable to common stockholders, basic (in Dollars per share)	`EarningsPerShareBasic`	$-0.12	USD	1 Quarter
Net loss per share attributable to common stockholders, basic (in Dollars per share)	`EarningsPerShareBasic`	$-0.18	USD	2 Qtrs
Net loss per share attributable to common stockholders, basic (in Dollars per share)	`EarningsPerShareBasic`	$-0.33	USD	1 Quarter
Net loss per share attributable to common stockholders, diluted (in Dollars per share)	`EarningsPerShareDiluted`	$-0.12	USD	1 Quarter
Net loss per share attributable to common stockholders, diluted (in Dollars per share)	`EarningsPerShareDiluted`	$-0.18	USD	2 Qtrs
Net loss per share attributable to common stockholders, diluted (in Dollars per share)	`EarningsPerShareDiluted`	$-0.33	USD	1 Quarter
Net loss per share attributable to common stockholders, diluted (in Dollars per share)	`EarningsPerShareDiluted`	$-0.79	USD	2 Qtrs
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	14.56M	shares	2 Qtrs
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	8.78M	shares	1 Quarter
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	18.67M	shares	1 Quarter
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	8.78M	shares	2 Qtrs
Weighted-average shares used in computing net loss per share attributable to common stockholders, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.78M	shares	1 Quarter
Weighted-average shares used in computing net loss per share attributable to common stockholders, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.56M	shares	2 Qtrs
Weighted-average shares used in computing net loss per share attributable to common stockholders, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.78M	shares	2 Qtrs
Weighted-average shares used in computing net loss per share attributable to common stockholders, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	18.67M	shares	1 Quarter

Cash Flow Statement 109 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-5.36M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.05M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.55M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-6.19M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-11.55M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-497.81K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$82.28K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$81.87K	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$1.35M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$32.98K	USD	2 Qtrs
Beneficial conversion feature on convertible debenture	`InterestExpenseShortTermBorrowings`	$427.80K	USD	2 Qtrs
Beneficial conversion feature on convertible debenture	`InterestExpenseShortTermBorrowings`	$3.24K	USD	2 Qtrs
Accretion of discount on convertible debenture	`AccretionExpense`	$116.15K	USD	2 Qtrs
Accretion of discount on convertible debenture	`AccretionExpense`	-	USD	2 Qtrs
Change in fair value of warrants liability	`FairValueAdjustmentOfWarrants`	$351.60K	USD	1 Quarter
Change in fair value of warrants liability	`FairValueAdjustmentOfWarrants`	-	USD	2 Qtrs
Change in fair value of warrants liability	`FairValueAdjustmentOfWarrants`	-	USD	1 Quarter
Change in fair value of warrants liability	`FairValueAdjustmentOfWarrants`	$-70.23K	USD	2 Qtrs
Loss on disposal of asset	`GainLossOnDispositionOfAssets1`	-	USD	2 Qtrs
Loss on disposal of asset	`GainLossOnDispositionOfAssets1`	$-1.38K	USD	2 Qtrs
Gain on extinguishment of PPP Loan	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Gain on extinguishment of PPP Loan	`GainsLossesOnExtinguishmentOfDebt`	$492.10K	USD	2 Qtrs
Noncash lease expense	`NoncashLeaseExpense`	-	USD	2 Qtrs
Noncash lease expense	`NoncashLeaseExpense`	$1.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-249.62K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$139.14K	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-24.20K	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$3.16M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpensesOther`	$47.58K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpensesOther`	$2.21M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$191.49K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$330.89K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$1.60M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$14.69K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$305.92K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$266.84K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-13.41M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-734.14K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$7.97K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$22.50K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.50K	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$7.97K	USD	2 Qtrs
Proceeds from issuance of convertible notes	`ProceedsFromConvertibleDebt`	$28.00K	USD	2 Qtrs
Proceeds from issuance of convertible notes	`ProceedsFromConvertibleDebt`	-	USD	2 Qtrs
Proceeds from Newborn Escrow Account	`ProceedsFromEscrowAccount`	-	USD	2 Qtrs
Proceeds from Newborn Escrow Account	`ProceedsFromEscrowAccount`	$58.18M	USD	2 Qtrs
Redemption of Newborn shares	`PaymentsForRepurchaseOfRedeemableConvertiblePreferredStock`	-	USD	2 Qtrs
Redemption of Newborn shares	`PaymentsForRepurchaseOfRedeemableConvertiblePreferredStock`	$18.63K	USD	2 Qtrs
Issuance costs related to reverse recapitalization and PIPE offering	`IssuanceCostsRelatedToReverseRecapitalizationAndPIPEOffering`	-	USD	2 Qtrs
Issuance costs related to reverse recapitalization and PIPE offering	`IssuanceCostsRelatedToReverseRecapitalizationAndPIPEOffering`	$3.97M	USD	2 Qtrs
Proceeds from PIPE offering	`ProceedsFromIssuanceOfDebt`	-	USD	2 Qtrs
Proceeds from PIPE offering	`ProceedsFromIssuanceOfDebt`	$14.25M	USD	2 Qtrs
Repayment of Newborn sponsor loans	`RepaymentsOfDebt`	-	USD	2 Qtrs
Repayment of Newborn sponsor loans	`RepaymentsOfDebt`	$487.50K	USD	2 Qtrs
Repurchase of common stock from EDF	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Repurchase of common stock from EDF	`PaymentsForRepurchaseOfCommonStock`	$2.00M	USD	Point-in-time
Repurchase of common stock from EDF	`PaymentsForRepurchaseOfCommonStock`	$6.00M	USD	2 Qtrs
Newborn cash acquired	`CashAcquired`	$50.21K	USD	2 Qtrs
Newborn cash acquired	`CashAcquired`	-	USD	2 Qtrs
Purchase of stock from investor	`PaymentsOfStockLiability`	$2.00M	USD	2 Qtrs
Purchase of stock from investor	`PaymentsOfStockLiability`	-	USD	2 Qtrs
Payment of financing costs	`PaymentsOfFinancingCosts`	-	USD	2 Qtrs
Payment of financing costs	`PaymentsOfFinancingCosts`	$531.53K	USD	2 Qtrs
Payment of finance lease Obligations	`FinanceLeasePrincipalPayments`	$1.99K	USD	2 Qtrs
Payment of finance lease Obligations	`FinanceLeasePrincipalPayments`	-	USD	2 Qtrs
Proceeds from PPP/EIDL Loan	`ProceedsFromLinesOfCredit`	$642.00K	USD	2 Qtrs
Proceeds from PPP/EIDL Loan	`ProceedsFromLinesOfCredit`	-	USD	2 Qtrs
Issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	$-3.00	USD	2 Qtrs
Issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Repayment proceeds from shareholder loan	`RepaymentsOfRelatedPartyDebt`	$75.00K	USD	2 Qtrs
Repayment proceeds from shareholder loan	`RepaymentsOfRelatedPartyDebt`	-	USD	2 Qtrs
Proceeds from shareholder loan	`ProceedsFromRelatedPartyDebt`	-	USD	2 Qtrs
Proceeds from shareholder loan	`ProceedsFromRelatedPartyDebt`	$75.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$670.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$59.47M	USD	2 Qtrs
Effect of exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$98.19K	USD	2 Qtrs
Effect of exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-11.45K	USD	2 Qtrs
Net increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$46.17M	USD	2 Qtrs
Net increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-98.10K	USD	2 Qtrs
Cash and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$326.70K	USD	Point-in-time
Cash and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.28M	USD	Point-in-time
Cash and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$228.60K	USD	Point-in-time
Cash and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$48.44M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$326.70K	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.28M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$228.60K	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$48.44M	USD	Point-in-time
Conversion of preferred stock to common stock	`ConversionOfPreferredStockToCommonStock`	$1.68K	USD	2 Qtrs
Conversion of preferred stock to common stock	`ConversionOfPreferredStockToCommonStock`	-	USD	2 Qtrs
Conversion of debenture and accrued interest to common shares	`ConversionOfDebentureAndAccruedInterestToCommonShares`	$4.00M	USD	2 Qtrs
Conversion of debenture and accrued interest to common shares	`ConversionOfDebentureAndAccruedInterestToCommonShares`	-	USD	2 Qtrs
Conversion of shares due to reverse recapitalization	`ConversionOfSharesDueToReverseRecapitalization`	-	USD	2 Qtrs
Conversion of shares due to reverse recapitalization	`ConversionOfSharesDueToReverseRecapitalization`	$3.38K	USD	2 Qtrs
Issuance of common stock for merger success fee	`IssuanceOfCommonStockForMergerSuccessFee`	$2.09M	USD	2 Qtrs
Issuance of common stock for merger success fee	`IssuanceOfCommonStockForMergerSuccessFee`	-	USD	2 Qtrs
Non-cash merger transaction costs	`NoncashMergerRelatedCosts`	-	USD	2 Qtrs
Non-cash merger transaction costs	`NoncashMergerRelatedCosts`	$2.09M	USD	2 Qtrs
Accrued transaction costs related to reverse recapitalization	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$189.43K	USD	2 Qtrs
Accrued transaction costs related to reverse recapitalization	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	-	USD	2 Qtrs
Issuance of private warrants	`ProceedsFromIssuanceOfPrivatePlacement`	$1.25M	USD	2 Qtrs
Issuance of private warrants	`ProceedsFromIssuanceOfPrivatePlacement`	-	USD	2 Qtrs
Forgiveness of PPP Loan	`ProceedsFromLoanForgiveness`	$492.10K	USD	2 Qtrs
Forgiveness of PPP Loan	`ProceedsFromLoanForgiveness`	-	USD	2 Qtrs
Issuance of Stonepeak and Evolve warrants	`ProceedsFromIssuanceOfWarrants`	-	USD	2 Qtrs
Issuance of Stonepeak and Evolve warrants	`ProceedsFromIssuanceOfWarrants`	$30.23M	USD	2 Qtrs
Issuance of Stonepeak and Evolve options	`ProceedsFromIssuanceOfStockOptionsNoncash`	$12.58M	USD	2 Qtrs
Issuance of Stonepeak and Evolve options	`ProceedsFromIssuanceOfStockOptionsNoncash`	-	USD	2 Qtrs

Stockholders Equity 47 line items

Line Item	Tag	Value	Unit	Period
Merger recapitalization, net of share redemption	`MergerRecapitalizationNetOfShareRedemption`	$18.63K	USD	1 Quarter
Issuance costs	`PaymentsOfStockIssuanceCosts`	$5.98M	USD	1 Quarter
Less issuance costs	`LessIssuanceCosts`	$2.50K	USD	1 Quarter
Balances	`StockholdersEquity`	$139.64K	USD	Point-in-time
Balances	`StockholdersEquity`	$57.39M	USD	Point-in-time
Balances	`StockholdersEquity`	$-880.71K	USD	Point-in-time
Balances	`StockholdersEquity`	$1.67M	USD	Point-in-time
Balances	`StockholdersEquity`	$1.22M	USD	Point-in-time
Balances	`StockholdersEquity`	$94.83M	USD	Point-in-time
Conversion of shares due to merger capitalization	`StockIssuedDuringPeriodValueConversionOfUnits`	-	USD	1 Quarter
Conversion of shares due to merger capitalization	`StockIssuedDuringPeriodValueConversionOfUnits`	-	USD	1 Quarter
Balances December 31, 2020, as previously reported	`EffectOfReverseRecapitalization`	$-880.71K	USD	1 Quarter
Balances December 31, 2020, as previously reported	`EffectOfReverseRecapitalization`	$1.67M	USD	1 Quarter
Additional merger recapitalization costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$265.74K	USD	1 Quarter
Beneficial conversion feature - convertible debenture	`DebtInstrumentConvertibleBeneficialConversionFeature`	$427.80K	USD	1 Quarter
Conversion of convertible debenture	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$4.00M	USD	1 Quarter
Repurchase of common stock from EDF	`BuybackOfEDFShares`	-	USD	1 Quarter
Repurchase of common stock from EDF	`BuybackOfEDFShares`	$6.00M	USD	1 Quarter
Assumption of private warrant liability from Newborn	`AssumptionOfPrivateWarrantLiabilityFromNewborn`	$-1.25M	USD	1 Quarter
Issuance of warranties to Stonepeak and Evolve	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$30.23M	USD	1 Quarter
Issuance of options to purchase shares of common stock to Stonepeak and Evolve	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$12.58M	USD	1 Quarter
Merger recapitalization, net of share redemption of $18,629 and issuance costs of $5,979,675	`MergerRecapitalizationNetOfShareRedemptionOfIssuanceCosts`	$51.75M	USD	1 Quarter
Issuance of common shares	`StockIssuedDuringPeriodValueNewIssues`	$2.09M	USD	1 Quarter
PIPE offering, less issuance costs of $2,500	`StockIssuedDuringPeriodValueOther`	$14.25M	USD	1 Quarter
Notice of exercise of put option	`StockIssuedDuringPeriodValueStockOptionsExercised`	$-2.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.42K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.56K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$262.11K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.09M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-11.41K	USD	2 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$26.78K	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-20.15K	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$96.60K	USD	2 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$116.75K	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-38.19K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-5.36M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.05M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.55M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-6.19M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-11.55M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-497.81K	USD	1 Quarter
Balances	`StockholdersEquity`	$139.64K	USD	Point-in-time
Balances	`StockholdersEquity`	$57.39M	USD	Point-in-time
Balances	`StockholdersEquity`	$-880.71K	USD	Point-in-time
Balances	`StockholdersEquity`	$1.67M	USD	Point-in-time
Balances	`StockholdersEquity`	$1.22M	USD	Point-in-time
Balances	`StockholdersEquity`	$94.83M	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-5.36M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.05M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.55M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-6.19M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-11.55M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-497.81K	USD	1 Quarter
Foreign currency translation adjustments, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-11.41K	USD	2 Qtrs
Foreign currency translation adjustments, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$26.78K	USD	1 Quarter
Foreign currency translation adjustments, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-20.15K	USD	1 Quarter
Foreign currency translation adjustments, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$96.60K	USD	2 Qtrs
Foreign currency translation adjustments, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$116.75K	USD	1 Quarter
Foreign currency translation adjustments, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-38.19K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-6.21M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-1.09M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-1.56M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-11.45M	USD	2 Qtrs

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