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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Adjustments to reconcile net loss to net cash used in operating activities    
Stock-based compensation expense $ 7,906,000 $ 5,222,000
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (4,244,000) 6,413,000
Inventory, net 22,049,000 (31,285,000)
Net cash used in operating activities (39,286,000) (127,960,000)
Investing Activities:    
Expenditures on plant and equipment (1,385,000) (14,113,000)
Net cash provided by investing activities 50,630,000 82,710,000
Financing Activities:    
Proceeds from stock option exercises 8,000 6,000
Net cash (used in) provided by financing activities (38,379,000) 64,749,000
Decrease in cash and cash equivalents and restricted cash (27,035,000) 19,499,000
Cash, cash equivalents and restricted cash, beginning of year 38,675,000 19,176,000
Cash, cash equivalents and restricted cash, end of year 11,640,000 38,675,000
ElectraMeccanica Vehicles Corp    
Operating Activities:    
Net loss (57,582,200) (123,698,513)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization 3,447,008 5,822,999
Stock-based compensation expense 3,570,269 4,985,953
Inventory provision 1,795,420 13,829,497
Loss on disposal of long-lived asset 2,246,046  
Impairment 1,929,410 7,592,641
(Gain) / loss on settlement of legal liabilities (1,092,715) 15,700,000
Change in estimate for recall provision (440,000) 8,915,044
Change in fair value of derivative liabilities   (191,202)
Impairment of loan receivable 6,000,000  
Unrealized currency translation (gain) / loss (55,591) 16,498
Changes in operating assets and liabilities:    
Receivables, net 131,849 79,361
Prepaid expenses and other assets 1,414,503 (5,594,460)
Inventory, net (36,017) (14,664,270)
Trade payables and accrued liabilities (14,713,085) 1,873,380
Operating lease liabilities 21,476 1,233,699
Customer deposits (306,167) (310,955)
Contract termination liability (8,000,000)  
Net cash used in operating activities (61,669,794) (84,410,328)
Investing Activities:    
Expenditures on plant and equipment (745,416) (3,398,974)
Proceeds from disposal of plant and equipment 297,543  
Loan receivable to Tevva (6,000,000)  
Net cash provided by investing activities (6,447,873) (3,398,974)
Financing Activities:    
Payment for issuance of common shares for RSU settlement   (106,187)
Payment for DSU settlement (91,911)  
Proceeds from stock option exercises   487,054
Net cash (used in) provided by financing activities (91,911) 380,867
Decrease in cash and cash equivalents and restricted cash (68,209,578) (87,428,435)
Effect of exchange rate changes on cash and cash equivalents and restricted cash 9,857 (20,262)
Cash, cash equivalents and restricted cash, beginning of year 134,770,987 222,219,684
Cash, cash equivalents and restricted cash, end of year $ 66,571,266 $ 134,770,987