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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents [1] $ 203,956 $ 246,947
Restricted cash [1] 60,584 52,470
Accounts receivable [1] 54,468 96,186
Contract assets 18,638 3,327
Inventories 163,317 142,059
Deferred cost of revenue 36,273 41,469
Customer financing receivable [1] 5,603 5,428
Prepaid expense and other current assets [1] 23,061 30,718
Total current assets 565,900 618,604
Property and equipment, net [1] 611,371 600,628
Operating lease right-of-use assets 69,708 35,621
Customer financing receivable, non-current [1] 42,457 45,268
Restricted cash, noncurrent [1] 135,988 117,293
Deferred cost of revenue, non-current 2,683 2,462
Other long-term assets [1] 35,921 34,511
Total assets 1,464,028 1,454,387
Current liabilities:    
Accounts payable 87,132 58,334
Accrued warranty 7,697 10,263
Accrued expenses and other current liabilities [1] 96,051 112,004
Deferred revenue and customer deposits [1] 79,262 114,286
Operating lease liabilities 5,375 7,899
Financing obligations 13,819 12,745
Recourse debt 2,020 0
Non-recourse debt [1] 117,690 120,846
Total current liabilities 409,046 436,377
Deferred revenue and customer deposits, non-current [1] 79,059 87,463
Operating lease liabilities, non-current 78,441 41,849
Financing obligations, non-current 459,887 459,981
Recourse debt, non-current 288,650 168,008
Non-recourse debt, non-current [1] 98,093 102,045
Other long-term liabilities 20,904 17,268
Total liabilities 1,434,080 1,312,991
Commitments and contingencies (Note 13)
Redeemable noncontrolling interest 334 377
Stockholders’ (deficit) equity:    
Preferred stock: 10,000,000 shares authorized and no shares issued and outstanding at June 30, 2021 and December 31, 2020. 0 0
Common stock: $0.0001 par value; Class A shares - 600,000,000 shares authorized and 145,632,567 shares and 140,094,633 shares issued and outstanding and Class B shares - 600,000,000 shares authorized and 27,769,593 shares and 27,908,093 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively. 17 17
Additional paid-in capital 3,155,917 3,182,753
Accumulated other comprehensive loss (124) (9)
Accumulated deficit (3,177,381) (3,103,937)
Total stockholders’ (deficit) equity (21,571) 78,824
Noncontrolling interest 51,185 62,195
Total liabilities, redeemable noncontrolling interest, stockholders' (deficit) equity and noncontrolling interest $ 1,464,028 $ 1,454,387
[1] We have variable interest entities, which represent a portion of the consolidated balances recorded within these financial statement line items in the condensed consolidated balance sheets (see Note 11 - Portfolio Financings).