10-Q Filing

Fluence Energy, Inc. CIK: 1868941 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001868941-22-000073`
Period End Date	20220630
Filing Date	20220815
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	flnc-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 95 Income Statement 86 Cash Flow Statement 103 Stockholders Equity 47

Balance Sheet 95 line items

Line Item	Tag	Value	Unit	Period
Trade receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivableCurrent`	$90.00K	USD	Point-in-time
Trade receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivableCurrent`	$82.00K	USD	Point-in-time
Mezzanine equity, shares issued (in shares)	`TemporaryEquitySharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$58.50M	USD	Point-in-time
Mezzanine equity, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	18.49M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$676.95M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$36.83M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$1.24M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$75.09M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$1.24M	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Trade receivables, net of allowances ($82 and $90 at June 30, 2022 and September 30, 2021, respectively)	`AccountsReceivableNetCurrent`	$93.20M	USD	Point-in-time
Trade receivables, net of allowances ($82 and $90 at June 30, 2022 and September 30, 2021, respectively)	`AccountsReceivableNetCurrent`	$46.66M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Unbilled receivables	`ContractWithCustomerAssetNetCurrent`	$101.14M	USD	Point-in-time
Unbilled receivables	`ContractWithCustomerAssetNetCurrent`	$101.97M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Receivables from related parties	`DueFromRelatedPartiesCurrent`	$49.32M	USD	Point-in-time
Receivables from related parties	`DueFromRelatedPartiesCurrent`	$33.36M	USD	Point-in-time
Advances to suppliers	`AdvancesOnInventoryPurchases`	$62.20M	USD	Point-in-time
Advances to suppliers	`AdvancesOnInventoryPurchases`	$9.74M	USD	Point-in-time
Inventory, net	`InventoryNet`	$453.71M	USD	Point-in-time
Inventory, net	`InventoryNet`	$389.79M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$39.14M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$41.92M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.55B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$661.51M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$8.21M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$9.29M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$36.06M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$53.50M	USD	Point-in-time
Goodwill	`Goodwill`	$25.21M	USD	Point-in-time
Goodwill	`Goodwill`	$9.18M	USD	Point-in-time
Goodwill	`Goodwill`	$4.73M	USD	Point-in-time
Goodwill	`Goodwill`	$9.20M	USD	Point-in-time
Deferred income tax asset	`DeferredIncomeTaxAssetsNet`	$1.18M	USD	Point-in-time
Deferred income tax asset	`DeferredIncomeTaxAssetsNet`	$1.18M	USD	Point-in-time
Advances to suppliers	`AdvancesOnInventoryPurchasesNoncurrent`	-	USD	Point-in-time
Advances to suppliers	`AdvancesOnInventoryPurchasesNoncurrent`	$17.50M	USD	Point-in-time
Debt issuance cost	`DeferredFinanceCostsNoncurrentNet`	$222.00K	USD	Point-in-time
Debt issuance cost	`DeferredFinanceCostsNoncurrentNet`	$2.79M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$1.31M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$12.35M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$56.16M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$121.83M	USD	Point-in-time
Total assets	`Assets`	$717.67M	USD	Point-in-time
Total assets	`Assets`	$1.67B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$220.59M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$158.37M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityConsolidatedEntitiesExcludingAffiliatedEntitiesCurrent`	$71.36M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityConsolidatedEntitiesExcludingAffiliatedEntitiesCurrent`	$371.03M	USD	Point-in-time
Borrowing from line of credit	`LinesOfCreditCurrent`	$50.00M	USD	Point-in-time
Borrowing from line of credit	`LinesOfCreditCurrent`	-	USD	Point-in-time
Borrowing from related parties	`NotesPayableRelatedPartiesCurrentAndNoncurrent`	-	USD	Point-in-time
Borrowing from related parties	`NotesPayableRelatedPartiesCurrentAndNoncurrent`	$50.00M	USD	Point-in-time
Personnel related liabilities	`EmployeeRelatedLiabilitiesCurrent`	$12.86M	USD	Point-in-time
Personnel related liabilities	`EmployeeRelatedLiabilitiesCurrent`	$17.46M	USD	Point-in-time
Accruals and provisions	`AccruedLiabilitiesCurrent`	$186.14M	USD	Point-in-time
Accruals and provisions	`AccruedLiabilitiesCurrent`	$135.41M	USD	Point-in-time
Payables and deferred revenue with related parties	`DueToRelatedPartiesAndContractWithCustomerAffiliatedEntitiesLiabilityCurrent`	$227.93M	USD	Point-in-time
Payables and deferred revenue with related parties	`DueToRelatedPartiesAndContractWithCustomerAffiliatedEntitiesLiabilityCurrent`	$233.43M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$12.89M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$11.74M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.94M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$4.37M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$994.04M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$771.49M	USD	Point-in-time
Other non-current liabilities	`AccruedLiabilitiesNoncurrent`	$7.45M	USD	Point-in-time
Other non-current liabilities	`AccruedLiabilitiesNoncurrent`	$2.38M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$7.45M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$2.38M	USD	Point-in-time
Total liabilities	`Liabilities`	$773.87M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.00B	USD	Point-in-time
Commitments and contingencies (See Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (See Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Mezzanine equity (0 and 18,493,275 units issued and outstanding as of June 30, 2022 and September 30, 2021, respectively)	`TemporaryEquityCarryingAmountAttributableToParent`	$117.23M	USD	Point-in-time
Members capital contributions	`MembersCapital`	$106.15M	USD	Point-in-time
Preferred stock, $0.00001 per share, 10,000,000 shares authorized; no shares issued and outstanding as of June 30, 2022	`PreferredStockValue`	-	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockValue`	$4.99M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$530.75M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-285.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$515.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-67.34M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-279.30M	USD	Point-in-time
Total stockholder's equity attributable to Fluence Energy, Inc	`StockholdersEquity`	$458.94M	USD	Point-in-time
Total stockholder's equity attributable to Members' deficit	`MembersEquity`	$-53.98M	USD	Point-in-time
Total stockholder's equity attributable to Members' deficit	`MembersEquity`	$-173.43M	USD	Point-in-time
Total stockholder's equity attributable to Members' deficit	`MembersEquity`	$-86.46M	USD	Point-in-time
Total stockholder's equity attributable to Members' deficit	`MembersEquity`	$-17.23M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$212.15M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$671.08M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$725.46M	USD	Point-in-time
Total liabilities, stockholders equity, members deficit, and mezzanine equity	`LiabilitiesAndStockholdersEquity`	$1.67B	USD	Point-in-time
Total liabilities, stockholders equity, members deficit, and mezzanine equity	`LiabilitiesAndStockholdersEquity`	$717.67M	USD	Point-in-time

Income Statement 86 line items

Line Item	Tag	Value	Unit	Period
Foreign currency translation gain (loss), income tax (expense) benefit	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	3 Qtrs
Foreign currency translation gain (loss), income tax (expense) benefit	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Foreign currency translation gain (loss), income tax (expense) benefit	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	3 Qtrs
Foreign currency translation gain (loss), income tax (expense) benefit	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$239.01M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$756.62M	USD	3 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$492.56M	USD	3 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$278.19M	USD	1 Quarter
Cost of goods and services	`CostOfGoodsAndServicesSold`	$829.71M	USD	3 Qtrs
Cost of goods and services	`CostOfGoodsAndServicesSold`	$293.15M	USD	1 Quarter
Cost of goods and services	`CostOfGoodsAndServicesSold`	$244.21M	USD	1 Quarter
Cost of goods and services	`CostOfGoodsAndServicesSold`	$501.70M	USD	3 Qtrs
Gross (loss) profit	`GrossProfit`	$-73.09M	USD	3 Qtrs
Gross (loss) profit	`GrossProfit`	$-5.20M	USD	1 Quarter
Gross (loss) profit	`GrossProfit`	$-9.14M	USD	3 Qtrs
Gross (loss) profit	`GrossProfit`	$-14.96M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$4.74M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$17.25M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$42.23M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$18.13M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$8.40M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$27.65M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$6.83M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$16.75M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$83.77M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$24.24M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$27.33M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$9.24M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.26M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.97M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$3.49M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$4.89M	USD	3 Qtrs
Interest expense	`InterestExpense`	$424.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.94M	USD	3 Qtrs
Interest expense	`InterestExpense`	$899.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$573.00K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$349.00K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-162.00K	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$83.00K	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$-205.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-71.93M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-233.49M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-61.81M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-37.10M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$1.68M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$2.87M	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-493.00K	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-979.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-20.32M	USD	Point-in-time
Net loss	`ProfitLoss`	$-60.83M	USD	1 Quarter
Net loss	`ProfitLoss`	$-38.78M	USD	1 Quarter
Net loss	`ProfitLoss`	$-232.99M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-74.80M	USD	3 Qtrs
Less: Net loss attributable to the non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-38.78M	USD	1 Quarter
Less: Net loss attributable to the non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-74.80M	USD	3 Qtrs
Less: Net loss attributable to the non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-41.48M	USD	1 Quarter
Less: Net loss attributable to the non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-165.66M	USD	3 Qtrs
Net loss attributable to Fluence Energy, Inc.	`NetIncomeLoss`	$-19.35M	USD	1 Quarter
Net loss attributable to Fluence Energy, Inc.	`NetIncomeLoss`	$-67.34M	USD	3 Qtrs
Weighted average number of Class A common shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	54.64M	shares	3 Qtrs
Weighted average number of Class A common shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.63M	shares	1 Quarter
Weighted average number of Class A common shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.63M	shares	1 Quarter
Weighted average number of Class A common shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	54.64M	shares	3 Qtrs
Loss per share of Class A common stock, basic (in usd per share)	`EarningsPerShareBasic`	$-1.23	USD	3 Qtrs
Loss per share of Class A common stock, basic (in usd per share)	`EarningsPerShareBasic`	$-0.35	USD	1 Quarter
Loss per share of Class A common stock, diluted (in usd per share)	`EarningsPerShareDiluted`	$-0.35	USD	1 Quarter
Loss per share of Class A common stock, diluted (in usd per share)	`EarningsPerShareDiluted`	$-1.23	USD	3 Qtrs
Foreign currency translation gain (loss), net of income tax (expense) benefit of $0 in each period	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$19.00K	USD	1 Quarter
Foreign currency translation gain (loss), net of income tax (expense) benefit of $0 in each period	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.91M	USD	3 Qtrs
Foreign currency translation gain (loss), net of income tax (expense) benefit of $0 in each period	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.63M	USD	1 Quarter
Foreign currency translation gain (loss), net of income tax (expense) benefit of $0 in each period	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-710.00K	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$19.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.91M	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$175.00K	USD	Point-in-time
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-710.00K	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.63M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-75.51M	USD	3 Qtrs
Total comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-38.76M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-59.20M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-231.08M	USD	3 Qtrs
Comprehensive loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-40.37M	USD	1 Quarter
Comprehensive loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-38.76M	USD	1 Quarter
Comprehensive loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-164.47M	USD	3 Qtrs
Comprehensive loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-75.51M	USD	3 Qtrs
Total comprehensive loss attributable to Fluence Energy, Inc.	`ComprehensiveIncomeNetOfTax`	$-66.61M	USD	3 Qtrs
Total comprehensive loss attributable to Fluence Energy, Inc.	`ComprehensiveIncomeNetOfTax`	$-18.83M	USD	1 Quarter

Cash Flow Statement 103 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-20.32M	USD	Point-in-time
Net loss	`ProfitLoss`	$-60.83M	USD	1 Quarter
Net loss	`ProfitLoss`	$-38.78M	USD	1 Quarter
Net loss	`ProfitLoss`	$-232.99M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-74.80M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$1.26M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.97M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$3.49M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$4.89M	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$550.00K	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	-	USD	3 Qtrs
Inventory provision	`InventoryWriteDown`	$23.84M	USD	3 Qtrs
Inventory provision	`InventoryWriteDown`	$13.33M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	-	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$26.36M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Provision (Benefit) on loss contracts	`GainLossOnContractTermination`	$-3.00M	USD	3 Qtrs
Provision (Benefit) on loss contracts	`GainLossOnContractTermination`	$-2.28M	USD	3 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$46.34M	USD	3 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$29.36M	USD	3 Qtrs
Unbilled receivables	`IncreaseDecreaseInContractWithCustomerAsset`	$22.96M	USD	3 Qtrs
Unbilled receivables	`IncreaseDecreaseInContractWithCustomerAsset`	$-836.00K	USD	3 Qtrs
Receivables from related parties	`IncreaseDecreaseInDueFromRelatedPartiesCurrent`	$15.96M	USD	3 Qtrs
Receivables from related parties	`IncreaseDecreaseInDueFromRelatedPartiesCurrent`	$-24.69M	USD	3 Qtrs
Advances to suppliers	`IncreaseDecreaseToAdvancesOnInventoryPurchases`	$11.26M	USD	3 Qtrs
Advances to suppliers	`IncreaseDecreaseToAdvancesOnInventoryPurchases`	$52.46M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$77.25M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$319.95M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$13.88M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$118.00K	USD	3 Qtrs
Other non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$2.00K	USD	3 Qtrs
Other non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$17.56M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$68.15M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-9.93M	USD	3 Qtrs
Payables and deferred revenue with related parties	`IncreaseDecreaseInPayablesAndDeferredRevenueWithRelatedParties`	$5.51M	USD	3 Qtrs
Payables and deferred revenue with related parties	`IncreaseDecreaseInPayablesAndDeferredRevenueWithRelatedParties`	$144.04M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiabilityExcludingRelatedParties`	$298.99M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiabilityExcludingRelatedParties`	$16.55M	USD	3 Qtrs
Current accruals and provisions	`IncreaseDecreaseInAccruedLiabilities`	$-53.02M	USD	3 Qtrs
Current accruals and provisions	`IncreaseDecreaseInAccruedLiabilities`	$126.12M	USD	3 Qtrs
Taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.15M	USD	3 Qtrs
Taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$60.00K	USD	3 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-41.00K	USD	3 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-1.67M	USD	3 Qtrs
Other non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-2.03M	USD	3 Qtrs
Other non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$1.11M	USD	3 Qtrs
Cash settled for stock based compensation	`CashSettledForStockBasedCompensation`	$8.70M	USD	3 Qtrs
Cash settled for stock based compensation	`CashSettledForStockBasedCompensation`	-	USD	3 Qtrs
Insurance proceeds received	`IncreaseDecreaseInInsuranceSettlementsReceivable`	-	USD	3 Qtrs
Insurance proceeds received	`IncreaseDecreaseInInsuranceSettlementsReceivable`	$-10.00M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-139.28M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-60.94M	USD	3 Qtrs
Purchase of equity securities	`PaymentsToAcquireEquitySecuritiesFvNi`	-	USD	3 Qtrs
Purchase of equity securities	`PaymentsToAcquireEquitySecuritiesFvNi`	$1.12M	USD	3 Qtrs
Payments for acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$18.00M	USD	3 Qtrs
Payments for acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$29.21M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.00M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.67M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-33.01M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-21.00M	USD	3 Qtrs
Capital contributions from founders	`ProceedsFromContributedCapital`	-	USD	3 Qtrs
Capital contributions from founders	`ProceedsFromContributedCapital`	$6.28M	USD	3 Qtrs
Proceeds from issuance of Class B membership units	`ProceedsFromIssuanceOfCommonLimitedPartnersUnits`	$125.00M	USD	3 Qtrs
Proceeds from issuance of Class B membership units	`ProceedsFromIssuanceOfCommonLimitedPartnersUnits`	-	USD	3 Qtrs
Repurchase of class A common stock placed into treasury	`PaymentsForRepurchaseOfCommonStock`	$4.99M	USD	3 Qtrs
Repurchase of class A common stock placed into treasury	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.23M	USD	3 Qtrs
Payment of transaction cost related to issuance of Class B membership units	`PaymentOfTransactionCostRelatedToIssuanceOfMembershipUnits`	$6.32M	USD	3 Qtrs
Payment of transaction cost related to issuance of Class B membership units	`PaymentOfTransactionCostRelatedToIssuanceOfMembershipUnits`	$7.73M	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$3.12M	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Borrowing from promissory notesrelated parties	`ProceedsFromRelatedPartyDebt`	$75.00M	USD	3 Qtrs
Borrowing from promissory notesrelated parties	`ProceedsFromRelatedPartyDebt`	-	USD	3 Qtrs
Repayment of promissory notesrelated parties	`RepaymentsOfRelatedPartyDebt`	$75.00M	USD	3 Qtrs
Repayment of promissory notesrelated parties	`RepaymentsOfRelatedPartyDebt`	$50.00M	USD	3 Qtrs
Borrowing from line of credit	`ProceedsFromLinesOfCredit`	$50.00M	USD	3 Qtrs
Borrowing from line of credit	`ProceedsFromLinesOfCredit`	-	USD	3 Qtrs
Repayment to line of credit	`RepaymentsOfLinesOfCredit`	$50.00M	USD	3 Qtrs
Repayment to line of credit	`RepaymentsOfLinesOfCredit`	$50.00M	USD	3 Qtrs
Proceeds from issuance of Class A common stock sold in an IPO, net of underwriting discounts and commissions	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	3 Qtrs
Proceeds from issuance of Class A common stock sold in an IPO, net of underwriting discounts and commissions	`ProceedsFromIssuanceInitialPublicOffering`	$935.76M	USD	3 Qtrs
Payments of deferred equity issuance costs	`PaymentsOfStockIssuanceCosts`	$1.01M	USD	3 Qtrs
Payments of deferred equity issuance costs	`PaymentsOfStockIssuanceCosts`	$7.10M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$3.19M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$125.73M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$815.46M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-763.00K	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.47M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-35.31M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$723.98M	USD	3 Qtrs
Cash, cash equivalents, and restricted cash as of the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$59.74M	USD	Point-in-time
Cash, cash equivalents, and restricted cash as of the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$762.04M	USD	Point-in-time
Cash, cash equivalents, and restricted cash as of the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$95.05M	USD	Point-in-time
Cash, cash equivalents, and restricted cash as of the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$38.07M	USD	Point-in-time
Cash, cash equivalents, and restricted cash as of the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$59.74M	USD	Point-in-time
Cash, cash equivalents, and restricted cash as of the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$762.04M	USD	Point-in-time
Cash, cash equivalents, and restricted cash as of the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$95.05M	USD	Point-in-time
Cash, cash equivalents, and restricted cash as of the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$38.07M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	$5.43M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$1.30M	USD	3 Qtrs

Stockholders Equity 47 line items

Line Item	Tag	Value	Unit	Period
Other comprehensive loss, tax	`OtherComprehensiveIncomeLossTax`	-	USD	1 Quarter
Other comprehensive loss, tax	`OtherComprehensiveIncomeLossTax`	-	USD	3 Qtrs
Other comprehensive loss, tax	`OtherComprehensiveIncomeLossTax`	-	USD	3 Qtrs
Other comprehensive loss, tax	`OtherComprehensiveIncomeLossTax`	-	USD	1 Quarter
Beginning balance (in shares)	`TemporaryEquitySharesIssued`	0.00	shares	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$117.23M	USD	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesIssued`	0.00	shares	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$117.23M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$671.08M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$725.46M	USD	Point-in-time
Beginning Balance, LLC	`MembersEquity`	$-53.98M	USD	Point-in-time
Beginning Balance, LLC	`MembersEquity`	$-173.43M	USD	Point-in-time
Beginning Balance, LLC	`MembersEquity`	$-86.46M	USD	Point-in-time
Beginning Balance, LLC	`MembersEquity`	$-17.23M	USD	Point-in-time
Capital contribution	`PartnersCapitalAccountContributions`	$6.28M	USD	3 Qtrs
Capital contribution	`PartnersCapitalAccountContributions`	$6.28M	USD	1 Quarter
Net loss	`ProfitLoss`	$-20.32M	USD	Point-in-time
Net loss	`ProfitLoss`	$-60.83M	USD	1 Quarter
Net loss	`ProfitLoss`	$-38.78M	USD	1 Quarter
Net loss	`ProfitLoss`	$-232.99M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-74.80M	USD	3 Qtrs
Stock-based compensation expense and related vesting	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.58M	USD	1 Quarter
Stock-based compensation expense and related vesting	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$26.36M	USD	3 Qtrs
Repurchase of class A common stock placed into treasury	`StockRepurchasedDuringPeriodValue`	$4.99M	USD	1 Quarter
Repurchase of class A common stock placed into treasury	`StockRepurchasedDuringPeriodValue`	$4.99M	USD	3 Qtrs
Effect of remeasurement of non-controlling interest due to other share transactions	`NoncontrollingInterestDecreaseFromRemeasurement`	$-1.00K	USD	3 Qtrs
Effect of remeasurement of non-controlling interest due to other share transactions	`NoncontrollingInterestDecreaseFromRemeasurement`	$-1.00K	USD	1 Quarter
Proceeds from exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.23M	USD	3 Qtrs
Proceeds from exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.23M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$19.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.91M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$175.00K	USD	Point-in-time
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-710.00K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.63M	USD	1 Quarter
Effect of the transactions related to the IPO	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$117.23M	USD	3 Qtrs
Issuance of class A common stock in IPO, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$935.76M	USD	3 Qtrs
Founders stock issuance	`StockIssuedDuringPeriodValueNewIssuesFoundersIssuance`	$1.00K	USD	3 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$671.08M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$725.46M	USD	Point-in-time
Ending Balance, LLC	`MembersEquity`	$-53.98M	USD	Point-in-time
Ending Balance, LLC	`MembersEquity`	$-173.43M	USD	Point-in-time
Ending Balance, LLC	`MembersEquity`	$-86.46M	USD	Point-in-time
Ending Balance, LLC	`MembersEquity`	$-17.23M	USD	Point-in-time
Other comprehensive loss, tax	`OtherComprehensiveIncomeLossTax`	-	USD	1 Quarter
Other comprehensive loss, tax	`OtherComprehensiveIncomeLossTax`	-	USD	3 Qtrs
Other comprehensive loss, tax	`OtherComprehensiveIncomeLossTax`	-	USD	3 Qtrs
Other comprehensive loss, tax	`OtherComprehensiveIncomeLossTax`	-	USD	1 Quarter

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