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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Dec. 31, 2019
Assets      
Cash and cash equivalents $ 40,126,000 $ 18,334,079 $ 14,944,825
Investments, available-for-sale (amortized cost of $36,876) 36,869,000  
Interest receivable 158,000  
Receivables 94,000  
Prepaid and other current assets 1,127,000 240,836 90,503
Total current assets 78,374,000 18,574,915 15,035,328
Operating lease right-of-use assets 16,709,000 612,051 144,972
Property, plant, and equipment, net 1,825,000 575,325 467,608
Goodwill 4,270,000  
Restricted cash 1,500,000  
Other long-term assets 3,983,000  
Total assets 106,661,000 19,762,291 15,647,908
Current liabilities:      
Trade payables   307,579 358,529
Accrued expenses and other payables   316,523 152,017
Trade payables 2,025,000 307,000  
Contract liabilities 1,660,000  
Debt, current portion 40,000 323,521
Accrued expenses and other current liabilities 4,742,000 525,000  
Operating lease liabilities   208,735 73,883
Total current liabilities 8,467,000 1,156,358 584,429
Debt, net of current portion 87,420
SAFE instruments 146,405,000  
Operating lease liabilities, net of current portion 14,767,000 403,316 71,089
Warrant liability   44,319 36,824
Warrant liability 2,650,000 46,000  
Other long-term liabilities 2,597,000  
Total liabilities 174,886,000 1,692,000  
Total liabilities   1,691,413 692,342
Convertible preferred stock – Preferred shares, $0.001 par value; 60,274,078 shares authorized and 58,554,536 shares outstanding as of September 30, 2021 and December 31, 2020 (see Note 4) 45,932,000 45,932,453 35,690,739
Stockholder’s Equity:      
Special stock, $0.001 par value; 0 shares authorized and 0 shares outstanding as of December 31, 2020; 1 share authorized and 1 share outstanding as of December 31, 2019 (see Note 4)  
Common stock, $0.001 par value; 88,206,793 shares authorized and 5,953,658 shares issued and outstanding as of September 30, 2021; 88,206,793 shares authorized and 4,053,489 shares issued and outstanding as of December 31, 2020 (see Note 4) 6,000 4,053 3,867
Additional paid-in capital 3,738,000 1,306,257 995,505
Accumulated other comprehensive loss (64,000)  
Accumulated deficit (117,837,000) (29,171,885) (21,734,545)
Total stockholders’ equity (deficit) (114,157,000) (27,861,575) (20,735,173)
Total liabilities, convertible preferred stock, and shareholders’ deficit 106,661,000 19,762,291 $ 15,647,908
Athena Technology Acquisition Corp      
Assets      
Cash and cash equivalents 176,725  
Prepaid expenses 283,708  
Total current assets 460,433  
Deferred offering costs 41,739  
Marketable securities held in Trust Account 250,013,873  
Other non-current assets 110,473    
Total assets 250,584,779 41,739  
Current liabilities:      
Accrued offering costs and expenses 2,502,189 5,000  
Due to related party 64,516 12,500  
Total current liabilities 2,566,705 17,500  
Deferred underwriting fee 8,750,000  
Warrant liability 11,650,665  
Total liabilities 22,967,370 17,500  
Commitments and Contingencies  
Class A Common Stock subject to possible redemption, 25,000,000 and no shares at redemption value, at September 30, 2021 and December 31, 2020, respectively 250,000,000  
Stockholder’s Equity:      
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding  
Class A common stock, $0.0001 par value; 300,000,000 shares authorized; 700,000 and 0 shares issued and outstanding (excluding 25,000,000 and no shares subject to possible redemption) at September 30, 2021 and December 31, 2020, respectively 70  
Class B common stock, $0.0001 par value; 20,000,000 shares authorized; 8,566,667 and 9,816,667 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively 857 982 [1]  
Additional paid-in capital 24,018  
Accumulated deficit (22,383,518) (761)  
Total stockholders’ equity (deficit) (22,382,591) 24,239  
Total liabilities, convertible preferred stock, and shareholders’ deficit $ 250,584,779 $ 41,739  
[1] This number includes up to 1,250,000 shares of Class B common stock subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters (see Note 5).