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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents [1] $ 121,861 $ 246,947
Restricted cash [1] 65,315 52,470
Accounts receivable [1] 62,066 96,186
Contract assets 27,745 3,327
Inventories 182,555 142,059
Deferred cost of revenue 33,759 41,469
Customer financing receivable [1] 5,693 5,428
Prepaid expense and other current assets [1] 31,946 30,718
Total current assets 530,940 618,604
Property and equipment, net [1] 615,514 600,628
Operating lease right-of-use assets 70,055 35,621
Customer financing receivable, non-current [1] 40,981 45,268
Restricted cash, noncurrent [1] 132,725 117,293
Deferred cost of revenue, non-current 2,918 2,462
Other long-term assets [1] 38,593 34,511
Total assets 1,431,726 1,454,387
Current liabilities:    
Accounts payable 101,908 58,334
Accrued warranty 7,907 10,263
Accrued expenses and other current liabilities [1] 85,877 112,004
Deferred revenue and customer deposits [1] 81,894 114,286
Operating lease liabilities 6,206 7,899
Financing obligations 14,260 12,745
Recourse debt 6,034 0
Non-recourse debt [1] 7,782 120,846
Total current liabilities 311,868 436,377
Deferred revenue and customer deposits, non-current [1] 67,887 87,463
Operating lease liabilities, non-current 78,146 41,849
Financing obligations, non-current 456,315 459,981
Recourse debt, non-current 285,216 168,008
Non-recourse debt, non-current [1] 205,164 102,045
Other long-term liabilities 26,755 17,268
Total liabilities 1,431,351 1,312,991
Commitments and contingencies (Note 13)
Redeemable noncontrolling interest 331 377
Stockholders’ (deficit) equity:    
Preferred stock: 10,000,000 shares authorized and no shares issued and outstanding at September 30, 2021 and December 31, 2020. 0 0
Common stock: $0.0001 par value; Class A shares - 600,000,000 shares authorized and 147,320,041 shares and 140,094,633 shares issued and outstanding and Class B shares - 600,000,000 shares authorized and 27,758,020 shares and 27,908,093 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively. 18 17
Additional paid-in capital 3,183,101 3,182,753
Accumulated other comprehensive loss (278) (9)
Accumulated deficit (3,229,752) (3,103,937)
Total stockholders’ (deficit) equity (46,911) 78,824
Noncontrolling interest 46,955 62,195
Total liabilities, redeemable noncontrolling interest, stockholders' (deficit) equity and noncontrolling interest $ 1,431,726 $ 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).