10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001868941-23-000023 |
| Period End Date | 20221231 |
| Filing Date | 20230210 |
| Fiscal Year | 2023 |
| Fiscal Period | Q1 |
| XBRL Instance | flnc-20221231_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
100 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Preferred stock, par value (in usd per share) |
PreferredStockParOrStatedValuePerShare
|
- | USD | Point-in-time |
| Preferred stock, par value (in usd per share) |
PreferredStockParOrStatedValuePerShare
|
- | USD | Point-in-time |
| Preferred stock, shares authorized (in shares) |
PreferredStockSharesAuthorized
|
10.00M | shares | 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 |
| Preferred stock, shares issued (in shares) |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$286.74M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$357.30M | USD | Point-in-time |
| Restricted cash |
RestrictedCashCurrent
|
$62.42M | USD | Point-in-time |
| Preferred stock, shares outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Restricted cash |
RestrictedCashCurrent
|
$55.23M | USD | Point-in-time |
| Preferred stock, shares outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$110.36M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$109.86M | USD | Point-in-time |
| Trade receivables |
AccountsReceivableNetCurrent
|
$86.77M | USD | Point-in-time |
| Trade receivables |
AccountsReceivableNetCurrent
|
$108.59M | USD | Point-in-time |
| Unbilled receivables |
ContractWithCustomerAssetNetCurrent
|
$138.53M | USD | Point-in-time |
| Unbilled receivables |
ContractWithCustomerAssetNetCurrent
|
$224.48M | USD | Point-in-time |
| Receivables from related parties |
DueFromRelatedPartiesCurrent
|
$56.68M | USD | Point-in-time |
| Receivables from related parties |
DueFromRelatedPartiesCurrent
|
$112.03M | USD | Point-in-time |
| Advances to suppliers |
AdvancesOnInventoryPurchases
|
$54.77M | USD | Point-in-time |
| Advances to suppliers |
AdvancesOnInventoryPurchases
|
$55.19M | USD | Point-in-time |
| Inventory, net |
InventoryNet
|
$652.74M | USD | Point-in-time |
| Inventory, net |
InventoryNet
|
$1.08B | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$26.64M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$29.75M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.60B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$2.01B | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$13.76M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$15.17M | USD | Point-in-time |
| ROU Asset - Operating Leases |
OperatingLeaseRightOfUseAsset
|
$2.00M | USD | Point-in-time |
| ROU Asset - Operating Leases |
OperatingLeaseRightOfUseAsset
|
$2.40M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$51.70M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$51.48M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$9.18M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$9.17M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$25.82M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$24.85M | USD | Point-in-time |
| Deferred income tax asset |
DeferredIncomeTaxAssetsNet
|
$2.57M | USD | Point-in-time |
| Deferred income tax asset |
DeferredIncomeTaxAssetsNet
|
$3.03M | USD | Point-in-time |
| Advances to suppliers |
AdvancesOnInventoryPurchasesNoncurrent
|
- | USD | Point-in-time |
| Advances to suppliers |
AdvancesOnInventoryPurchasesNoncurrent
|
$8.75M | USD | Point-in-time |
| Debt issuance cost |
DeferredFinanceCostsNoncurrentNet
|
$2.59M | USD | Point-in-time |
| Debt issuance cost |
DeferredFinanceCostsNoncurrentNet
|
$2.82M | USD | Point-in-time |
| Note receivable - pledged as collateral |
NotesAndLoansReceivableNetNoncurrent
|
$24.33M | USD | Point-in-time |
| Note receivable - pledged as collateral |
NotesAndLoansReceivableNetNoncurrent
|
$24.33M | USD | Point-in-time |
| Other non-current assets |
OtherAssetsNoncurrent
|
$12.49M | USD | Point-in-time |
| Other non-current assets |
OtherAssetsNoncurrent
|
$17.84M | USD | Point-in-time |
| Total non-current assets |
AssetsNoncurrent
|
$141.80M | USD | Point-in-time |
| Total non-current assets |
AssetsNoncurrent
|
$144.12M | USD | Point-in-time |
| Total assets |
Assets
|
$2.15B | USD | Point-in-time |
| Total assets |
Assets
|
$1.75B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$304.90M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$505.62M | USD | Point-in-time |
| Deferred revenue |
ContractWithCustomerLiabilityConsolidatedEntitiesExcludingAffiliatedEntitiesCurrent
|
$273.07M | USD | Point-in-time |
| Deferred revenue |
ContractWithCustomerLiabilityConsolidatedEntitiesExcludingAffiliatedEntitiesCurrent
|
$469.10M | USD | Point-in-time |
| Personnel related liabilities |
EmployeeRelatedLiabilitiesCurrent
|
$21.29M | USD | Point-in-time |
| Personnel related liabilities |
EmployeeRelatedLiabilitiesCurrent
|
$14.41M | USD | Point-in-time |
| Accruals and provisions |
AccruedLiabilitiesCurrent
|
$160.19M | USD | Point-in-time |
| Accruals and provisions |
AccruedLiabilitiesCurrent
|
$183.81M | USD | Point-in-time |
| Payables and deferred revenue with related parties |
DueToRelatedPartiesAndContractWithCustomerAffiliatedEntitiesLiabilityCurrent
|
$358.06M | USD | Point-in-time |
| Payables and deferred revenue with related parties |
DueToRelatedPartiesAndContractWithCustomerAffiliatedEntitiesLiabilityCurrent
|
$306.35M | USD | Point-in-time |
| Taxes payable |
TaxesPayableCurrent
|
$11.11M | USD | Point-in-time |
| Taxes payable |
TaxesPayableCurrent
|
$7.90M | USD | Point-in-time |
| Current portion of operating lease liabilities |
OperatingLeaseLiabilityCurrent
|
$1.64M | USD | Point-in-time |
| Current portion of operating lease liabilities |
OperatingLeaseLiabilityCurrent
|
$1.73M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$9.44M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$7.20M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.53B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.11B | USD | Point-in-time |
| Operating lease liabilities, net of current portion |
OperatingLeaseLiabilityNoncurrent
|
$1.01M | USD | Point-in-time |
| Operating lease liabilities, net of current portion |
OperatingLeaseLiabilityNoncurrent
|
$668.00K | USD | Point-in-time |
| Deferred income tax liability |
DeferredIncomeTaxLiabilitiesNet
|
$4.88M | USD | Point-in-time |
| Deferred income tax liability |
DeferredIncomeTaxLiabilitiesNet
|
$3.47M | USD | Point-in-time |
| Borrowings against note receivable - pledged as collateral |
LongTermDebtNoncurrent
|
$21.14M | USD | Point-in-time |
| Borrowings against note receivable - pledged as collateral |
LongTermDebtNoncurrent
|
- | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$1.28M | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$1.10M | USD | Point-in-time |
| Total non-current liabilities |
LiabilitiesNoncurrent
|
$6.98M | USD | Point-in-time |
| Total non-current liabilities |
LiabilitiesNoncurrent
|
$26.56M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.12B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.55B | USD | Point-in-time |
| Preferred stock, $0.00001 per share, 10,000,000 shares authorized; no shares issued and outstanding as of December 31, 2022 and September 30, 2022 |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred stock, $0.00001 per share, 10,000,000 shares authorized; no shares issued and outstanding as of December 31, 2022 and September 30, 2022 |
PreferredStockValue
|
- | USD | Point-in-time |
| Treasury stock, at cost |
TreasuryStockValue
|
$5.30M | USD | Point-in-time |
| Treasury stock, at cost |
TreasuryStockValue
|
$5.01M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$554.92M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$542.60M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$2.78M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$410.00K | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-129.19M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-104.54M | USD | Point-in-time |
| Total stockholder's equity attributable to Fluence Energy, Inc |
StockholdersEquity
|
$420.85M | USD | Point-in-time |
| Total stockholder's equity attributable to Fluence Energy, Inc |
StockholdersEquity
|
$435.83M | USD | Point-in-time |
| Non-Controlling interests |
MinorityInterest
|
$178.17M | USD | Point-in-time |
| Non-Controlling interests |
MinorityInterest
|
$193.38M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$599.02M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$629.21M | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$1.75B | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$2.15B | USD | Point-in-time |
Income Statement
50 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Foreign currency translation gain (loss), income tax (expense) benefit |
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
- | USD | 1 Quarter |
| Foreign currency translation gain (loss), income tax (expense) benefit |
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
$300.00K | USD | 1 Quarter |
| Total revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$310.46M | USD | 1 Quarter |
| Total revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$174.89M | USD | 1 Quarter |
| Cost of goods and services |
CostOfGoodsAndServicesSold
|
$228.04M | USD | 1 Quarter |
| Cost of goods and services |
CostOfGoodsAndServicesSold
|
$298.42M | USD | 1 Quarter |
| Gross (loss) profit |
GrossProfit
|
$-53.15M | USD | 1 Quarter |
| Gross (loss) profit |
GrossProfit
|
$12.04M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$19.16M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$10.76M | USD | 1 Quarter |
| Sales and marketing |
SellingAndMarketingExpense
|
$8.79M | USD | 1 Quarter |
| Sales and marketing |
SellingAndMarketingExpense
|
$13.06M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$31.20M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$31.27M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$1.43M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$2.42M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$682.00K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$816.00K | USD | 1 Quarter |
| Other income (expense), net |
NonoperatingIncomeExpense
|
$12.61M | USD | 1 Quarter |
| Other income (expense), net |
NonoperatingIncomeExpense
|
$-826.00K | USD | 1 Quarter |
| Loss before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-111.10M | USD | 1 Quarter |
| Loss before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-37.81M | USD | 1 Quarter |
| Income tax expense (benefit) |
IncomeTaxExpenseBenefit
|
$358.00K | USD | 1 Quarter |
| Income tax expense (benefit) |
IncomeTaxExpenseBenefit
|
$-614.00K | USD | 1 Quarter |
| Net loss |
ProfitLoss
|
$-20.32M | USD | Point-in-time |
| Net loss |
ProfitLoss
|
$-111.46M | USD | 1 Quarter |
| Net loss |
ProfitLoss
|
$-37.19M | USD | 1 Quarter |
| Less: Net loss attributable to the non-controlling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-82.66M | USD | 1 Quarter |
| Less: Net loss attributable to the non-controlling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-12.55M | USD | 1 Quarter |
| Net loss attributable to Fluence Energy, Inc. |
NetIncomeLoss
|
$-28.80M | USD | 1 Quarter |
| Net loss attributable to Fluence Energy, Inc. |
NetIncomeLoss
|
$-24.64M | USD | 1 Quarter |
| Weighted average number of Class A common shares outstanding, basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
54.14M | shares | 1 Quarter |
| Weighted average number of Class A common shares outstanding, basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
115.39M | shares | 1 Quarter |
| Weighted average number of Class A common shares outstanding, diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
54.14M | shares | 1 Quarter |
| Weighted average number of Class A common shares outstanding, diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
115.39M | shares | 1 Quarter |
| Loss per share of Class A common stock, basic (in usd per share) |
EarningsPerShareBasic
|
$-0.53 | USD | 1 Quarter |
| Loss per share of Class A common stock, basic (in usd per share) |
EarningsPerShareBasic
|
$-0.21 | USD | 1 Quarter |
| Loss per share of Class A common stock, diluted (in usd per share) |
EarningsPerShareDiluted
|
$-0.53 | USD | 1 Quarter |
| Loss per share of Class A common stock, diluted (in usd per share) |
EarningsPerShareDiluted
|
$-0.21 | USD | 1 Quarter |
| Foreign currency translation gain (loss), net of income tax expense of $0.3 million in 2022, and $0 in 2021 |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-3.58M | USD | 1 Quarter |
| Foreign currency translation gain (loss), net of income tax expense of $0.3 million in 2022, and $0 in 2021 |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$299.00K | USD | 1 Quarter |
| Total other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-3.58M | USD | 1 Quarter |
| Total other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$175.00K | USD | Point-in-time |
| Total other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$299.00K | USD | 1 Quarter |
| Total comprehensive loss |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-111.16M | USD | 1 Quarter |
| Total comprehensive loss |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-40.78M | USD | 1 Quarter |
| Comprehensive loss attributable to non-controlling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$-82.57M | USD | 1 Quarter |
| Comprehensive loss attributable to non-controlling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$-13.76M | USD | 1 Quarter |
| Total comprehensive loss attributable to Fluence Energy, Inc. |
ComprehensiveIncomeNetOfTax
|
$-27.02M | USD | 1 Quarter |
| Total comprehensive loss attributable to Fluence Energy, Inc. |
ComprehensiveIncomeNetOfTax
|
$-28.59M | USD | 1 Quarter |
Cash Flow Statement
93 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
ProfitLoss
|
$-20.32M | USD | Point-in-time |
| Net loss |
ProfitLoss
|
$-111.46M | USD | 1 Quarter |
| Net loss |
ProfitLoss
|
$-37.19M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$1.43M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$2.42M | USD | 1 Quarter |
| Amortization of debt issuance costs |
AmortizationOfFinancingCosts
|
$229.00K | USD | 1 Quarter |
| Amortization of debt issuance costs |
AmortizationOfFinancingCosts
|
$137.00K | USD | 1 Quarter |
| Inventory provision |
InventoryWriteDown
|
$-330.00K | USD | 1 Quarter |
| Inventory provision |
InventoryWriteDown
|
$3.52M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$8.48M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$24.88M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-951.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
- | USD | 1 Quarter |
| Provision (benefit) on loss contracts |
GainLossOnContractTermination
|
$2.72M | USD | 1 Quarter |
| Provision (benefit) on loss contracts |
GainLossOnContractTermination
|
$-5.67M | USD | 1 Quarter |
| Trade receivables |
IncreaseDecreaseInAccountsReceivable
|
$21.82M | USD | 1 Quarter |
| Trade receivables |
IncreaseDecreaseInAccountsReceivable
|
$9.47M | USD | 1 Quarter |
| Unbilled receivables |
IncreaseDecreaseInContractWithCustomerAsset
|
$85.96M | USD | 1 Quarter |
| Unbilled receivables |
IncreaseDecreaseInContractWithCustomerAsset
|
$-15.04M | USD | 1 Quarter |
| Receivables from related parties |
IncreaseDecreaseInDueFromRelatedPartiesCurrent
|
$15.03M | USD | 1 Quarter |
| Receivables from related parties |
IncreaseDecreaseInDueFromRelatedPartiesCurrent
|
$-55.35M | USD | 1 Quarter |
| Advances to suppliers |
IncreaseDecreaseToAdvancesOnInventoryPurchases
|
$30.84M | USD | 1 Quarter |
| Advances to suppliers |
IncreaseDecreaseToAdvancesOnInventoryPurchases
|
$-8.03M | USD | 1 Quarter |
| Inventory, net |
IncreaseDecreaseInInventories
|
$56.09M | USD | 1 Quarter |
| Inventory, net |
IncreaseDecreaseInInventories
|
$430.54M | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInOtherCurrentAssets
|
$3.51M | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInOtherCurrentAssets
|
$134.00K | USD | 1 Quarter |
| Other non-current assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$-375.00K | USD | 1 Quarter |
| Other non-current assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$35.37M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$200.72M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-59.24M | USD | 1 Quarter |
| Payables and deferred revenue with related parties |
IncreaseDecreaseInPayablesAndDeferredRevenueWithRelatedParties
|
$-21.90M | USD | 1 Quarter |
| Payables and deferred revenue with related parties |
IncreaseDecreaseInPayablesAndDeferredRevenueWithRelatedParties
|
$51.72M | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInContractWithCustomerLiabilityExcludingRelatedParties
|
$196.03M | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInContractWithCustomerLiabilityExcludingRelatedParties
|
$74.40M | USD | 1 Quarter |
| Current accruals and provisions |
IncreaseDecreaseInAccruedLiabilities
|
$-20.91M | USD | 1 Quarter |
| Current accruals and provisions |
IncreaseDecreaseInAccruedLiabilities
|
$23.03M | USD | 1 Quarter |
| Taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$4.87M | USD | 1 Quarter |
| Taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-3.22M | USD | 1 Quarter |
| Other current liabilities |
IncreaseDecreaseInOtherCurrentLiabilities
|
$-4.81M | USD | 1 Quarter |
| Other current liabilities |
IncreaseDecreaseInOtherCurrentLiabilities
|
$-4.79M | USD | 1 Quarter |
| Other non-current liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$-298.00K | USD | 1 Quarter |
| Other non-current liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$-182.00K | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-88.90M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-191.55M | USD | 1 Quarter |
| Proceeds from maturities of short-term investments |
PaymentsForProceedsFromShortTermInvestments
|
- | USD | 1 Quarter |
| Proceeds from maturities of short-term investments |
PaymentsForProceedsFromShortTermInvestments
|
$-1.18M | USD | 1 Quarter |
| Payments for purchase of investment in joint venture |
PaymentsToAcquireInterestInJointVenture
|
$5.01M | USD | 1 Quarter |
| Payments for purchase of investment in joint venture |
PaymentsToAcquireInterestInJointVenture
|
- | USD | 1 Quarter |
| Purchase of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$870.00K | USD | 1 Quarter |
| Purchase of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$2.50M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-6.33M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-870.00K | USD | 1 Quarter |
| Proceeds from issuance of Class A common stock sold in an IPO, net of underwriting discounts and commissions |
ProceedsFromIssuanceInitialPublicOffering
|
- | USD | 1 Quarter |
| Proceeds from issuance of Class A common stock sold in an IPO, net of underwriting discounts and commissions |
ProceedsFromIssuanceInitialPublicOffering
|
$947.99M | USD | 1 Quarter |
| Payment of IPO costs |
PaymentsOfInitialPublicOfferingCosts
|
- | USD | 1 Quarter |
| Payment of IPO costs |
PaymentsOfInitialPublicOfferingCosts
|
$5.46M | USD | 1 Quarter |
| Payment of transaction cost related to issuance of Class B membership units |
PaymentOfTransactionCostRelatedToIssuanceOfMembershipUnits
|
$6.32M | USD | 1 Quarter |
| Payment of transaction cost related to issuance of Class B membership units |
PaymentOfTransactionCostRelatedToIssuanceOfMembershipUnits
|
- | USD | 1 Quarter |
| Payment of debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
- | USD | 1 Quarter |
| Payment of debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$2.72M | USD | 1 Quarter |
| Repurchase of class A common stock placed into treasury |
PaymentsForRepurchaseOfCommonStock
|
- | USD | 1 Quarter |
| Repurchase of class A common stock placed into treasury |
PaymentsForRepurchaseOfCommonStock
|
$288.00K | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$2.40M | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
- | USD | 1 Quarter |
| Repayment of promissory notesrelated parties |
RepaymentsOfRelatedPartyDebt
|
$50.00M | USD | 1 Quarter |
| Repayment of promissory notesrelated parties |
RepaymentsOfRelatedPartyDebt
|
- | USD | 1 Quarter |
| Repayment of line of credit |
RepaymentsOfLinesOfCredit
|
- | USD | 1 Quarter |
| Repayment of line of credit |
RepaymentsOfLinesOfCredit
|
$50.00M | USD | 1 Quarter |
| Proceeds from borrowing against note receivable - pledged as collateral |
ProceedsFromBorrowingsAgainstNoteReceivable
|
$21.14M | USD | 1 Quarter |
| Proceeds from borrowing against note receivable - pledged as collateral |
ProceedsFromBorrowingsAgainstNoteReceivable
|
- | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$833.49M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$23.25M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$-5.78M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$280.00K | USD | 1 Quarter |
| Net (decrease) increase in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-77.75M | USD | 1 Quarter |
| Net (decrease) increase in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$641.35M | USD | 1 Quarter |
| Cash, cash equivalents, and restricted cash as of the beginning of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$429.72M | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash as of the beginning of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$351.97M | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash as of the beginning of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$679.41M | 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
|
$429.72M | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash as of the end of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$351.97M | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash as of the end of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$679.41M | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash as of the end of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$38.07M | USD | Point-in-time |
| Interest paid |
InterestPaidNet
|
$274.00K | USD | 1 Quarter |
| Interest paid |
InterestPaidNet
|
$503.00K | USD | 1 Quarter |
| Cash paid for income taxes |
IncomeTaxesPaid
|
$284.00K | USD | 1 Quarter |
| Cash paid for income taxes |
IncomeTaxesPaid
|
$9.00K | USD | 1 Quarter |
| Reclassification of deferred offering costs to additional paid-in capital |
ReclassificationOfDeferredOfferingCostsToAdditionalPaidInCapital
|
$6.76M | USD | 1 Quarter |
| Reclassification of deferred offering costs to additional paid-in capital |
ReclassificationOfDeferredOfferingCostsToAdditionalPaidInCapital
|
- | USD | 1 Quarter |
| IPO costs included in accounts payable |
IssuanceCostsIncurredNotYetPaid
|
$4.87M | USD | 1 Quarter |
| IPO costs included in accounts payable |
IssuanceCostsIncurredNotYetPaid
|
- | USD | 1 Quarter |
Stockholders Equity
30 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Other comprehensive loss, tax |
OtherComprehensiveIncomeLossTax
|
- | USD | 1 Quarter |
| Other comprehensive loss, tax |
OtherComprehensiveIncomeLossTax
|
- | USD | Point-in-time |
| Beginning balance |
TemporaryEquityCarryingAmountAttributableToParent
|
$117.23M | USD | Point-in-time |
| Beginning balance |
TemporaryEquityCarryingAmountAttributableToParent
|
- | USD | Point-in-time |
| Effect of the Organization Transactions |
TemporaryEquityValueConversionOfConvertibleSecurities
|
$117.23M | USD | 1 Quarter |
| Ending balance |
TemporaryEquityCarryingAmountAttributableToParent
|
$117.23M | USD | Point-in-time |
| Ending balance |
TemporaryEquityCarryingAmountAttributableToParent
|
- | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$599.02M | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$629.21M | USD | Point-in-time |
| Beginning Balance, LLC |
MembersEquity
|
$-173.43M | USD | Point-in-time |
| Beginning Balance, LLC |
MembersEquity
|
$778.10M | USD | Point-in-time |
| Net loss |
ProfitLoss
|
$-20.32M | USD | Point-in-time |
| Net loss |
ProfitLoss
|
$-111.46M | USD | 1 Quarter |
| Net loss |
ProfitLoss
|
$-37.19M | USD | 1 Quarter |
| Stock-based compensation expense and related vesting |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$9.70M | USD | 1 Quarter |
| Stock-based compensation expense and related vesting |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$8.48M | USD | 1 Quarter |
| Repurchase of Class A common stock placed into Treasury |
StockRepurchasedDuringPeriodValue
|
$288.00K | USD | 1 Quarter |
| Effect of remeasurement of non-controlling interest due to other share transactions |
NoncontrollingInterestDecreaseFromRemeasurement
|
- | USD | 1 Quarter |
| Proceeds from exercise of stock options |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$2.40M | USD | 1 Quarter |
| Foreign currency translation gain (loss), net of income tax expense of $0.3 million in 2022, and $0 in 2021 |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-3.58M | USD | 1 Quarter |
| Foreign currency translation gain (loss), net of income tax expense of $0.3 million in 2022, and $0 in 2021 |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$299.00K | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-3.58M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$175.00K | USD | Point-in-time |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$299.00K | USD | 1 Quarter |
| Effect of the Organization Transactions |
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
$117.23M | USD | 1 Quarter |
| Issuance of class A common stock in IPO, net of issuance cost |
StockIssuedDuringPeriodValueNewIssues
|
$935.76M | USD | 1 Quarter |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$599.02M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$629.21M | USD | Point-in-time |
| Ending Balance, LLC |
MembersEquity
|
$-173.43M | USD | Point-in-time |
| Ending Balance, LLC |
MembersEquity
|
$778.10M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.