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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 239,512 $ 351,676
Restricted cash 32,122 150
Accounts receivable, net 17,159 6,477
Inventory, net 14,101 15,262
Interest rate swap assets, current 7,229 0
Prepaid expenses and other current assets 5,674 1,040
Total current assets 315,797 374,605
Solar energy systems, net 404,380 0
Other property and equipment, net 1,655 3,495
Interest rate swap assets, non-current 28,001 0
Intangible assets, net 1,061 1,863
Right-of-use asset 7,635 4,564
Goodwill 158,636 8,606
Other assets 466 88
Total assets 917,631 393,221
Current liabilities:    
Current portion of long-term debt 25,340 78
Accounts payable 6,806 3,799
Lease liability, current 1,462 900
Accrued expenses and other current liabilities 25,101 11,856
Total current liabilities 58,709 16,633
Long-term debt, net of current portion 485,030 21
Deferred revenue 1,458 691
Lease liability, non-current 7,003 3,599
Warrant liabilities 259 5,405
Contingent consideration 73 541
Other long-term liabilities 10 0
New market tax credit obligation 0 4,521
Total liabilities 552,542 31,411
Redeemable noncontrolling interests 38,900 0
Stockholders’ equity    
Common stock, $0.0001 par value; 350,000,000 shares authorized at September 30, 2022 and December 31, 2021; 143,863,062 and 140,540,671 issued and outstanding at September 30, 2022 and December 31, 2021, respectively 14 14
Additional paid-in capital 464,042 461,207
Noncontrolling interests 12,324 0
Accumulated deficit (150,191) (99,411)
Total stockholders’ equity 326,189 361,810
Total liabilities, redeemable noncontrolling interests and stockholders’ equity $ 917,631 $ 393,221