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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues $ 228,470 $ 187,856 $ 422,477 $ 344,555
Cost of revenue 191,126 161,607 330,482 298,375
Gross profit 37,344 26,249 91,995 46,180
Operating expenses:        
Research and development 25,673 19,377 48,968 42,656
Sales and marketing 22,727 11,427 42,679 25,376
General and administrative 31,655 24,945 57,456 54,043
Total operating expenses 80,055 55,749 149,103 122,075
Loss from operations (42,711) (29,500) (57,108) (75,895)
Interest income 76 332 150 1,151
Interest expense (14,553) (14,374) (29,284) (35,128)
Interest expense - related parties 0 (794) 0 (2,160)
Other income (expense), net 22 (3,913) (63) (3,921)
Loss on extinguishment of debt 0 0 0 (14,098)
(Loss) gain on revaluation of embedded derivatives (942) 412 (1,460) 696
Loss before income taxes (58,108) (47,837) (87,765) (129,355)
Income tax provision 313 141 437 265
Net loss (58,421) (47,978) (88,202) (129,620)
Less: Net loss attributable to noncontrolling interest and redeemable noncontrolling interest (4,558) (5,466) (9,450) (11,159)
Net loss attributable to Class A and Class B common stockholders $ (53,863) $ (42,512) $ (78,752) $ (118,461)
Net loss per share attributable to Class A and Class B common stockholders, basic (in dollars per share) $ (0.31) $ (0.34) $ (0.46) $ (0.95)
Net loss per share attributable to Class A and Class B common stockholders, diluted (in dollars per share) $ (0.31) $ (0.34) $ (0.46) $ (0.95)
Weighted average shares used to compute net loss per share available to Class A and Class B common stockholders, basic (in shares) 172,749 125,928 171,753 124,823
Weighted average shares used to compute net loss per share available to Class A and Class B common stockholders, diluted (in shares) 172,749 125,928 171,753 124,823
Product        
Revenues $ 146,867 $ 116,197 $ 284,797 $ 215,756
Cost of revenue 108,891 83,127 196,185 155,616
Installation        
Revenues 28,879 29,839 31,538 46,457
Cost of revenue 36,515 38,287 41,140 59,066
Service        
Revenues 35,707 26,208 72,124 51,355
Cost of revenue 35,565 28,652 71,683 59,622
Electricity        
Revenues 17,017 15,612 34,018 30,987
Cost of revenue $ 10,155 $ 11,541 $ 21,474 $ 24,071