Selected Balance Sheet Data (Tables)

6 Months Ended

Jun. 30, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets as of June 30, 2024 and December 31, 2023 consisted of the following (in thousands):


	June 30, 2024		December 31, 2023
Prepaid inventories	$	2,801	$	1,745
Prepaid expenses and other(1)	3,417		2,796
Contract assets	315		811
Financed insurance premiums	1,394		1,310
Assets held for sale	408		408
Total prepaid expenses and other current assets	$	8,335	$	7,070

____________

(1) Primarily relates to assets acquired in connection with the ElectraMeccanica acquisition, prepaid licenses and subscriptions, prepaid insurance and other receivables.

Schedule of Other Non-Current Assets

Other non-current assets as of June 30, 2024 and December 31, 2023 consisted of the following (in thousands):


	June 30, 2024		December 31, 2023
Security deposits	$	2,661	$	1,599
Duty drawback receivable(1)	2,709		—
Other non-current assets	775		739
Total other non-current assets	$	6,145	$	2,338

___________
(1) Represents the estimated amount that can be recovered from previously paid tariffs relating to crushed SOLO vehicles that were acquired in connection with the ElectraMeccanica acquisition.

Schedule of Other Current Liabilities

Other current liabilities as of June 30, 2024 and December 31, 2023 consisted of the following (in thousands):


	June 30, 2024		December 31, 2023
Accrued expenses and other (1)	$	7,841	$	7,435
Contract liabilities	279		690
Customer deposits	1,099		2,364
Warranty liability	1,143		1,306
Equipment notes payable, current	363		350
Short-term insurance financing notes	1,341		1,003
Operating lease liabilities, current	2,942		1,664
Finance lease liabilities, current	1,945		2,005
Total other current liabilities	$	16,953	$	16,817

____________

(1) Primarily relates to the liabilities assumed in connection with the ElectraMeccanica acquisition, accrued inventory purchases, personnel costs, wages, health benefits, vacation and other accruals.

Schedule of Other Noncurrent Liabilities

Other non-current liabilities as of June 30, 2024 and December 31, 2023 consisted of the following (in thousands):


	June 30, 2024		December 31, 2023
Accrued interest expense and other	$	4,466	$	2,985
Equipment notes payable, non-current	497		593
Operating lease liabilities, non-current	18,345		3,511
Finance lease liabilities, non-current	464		1,472
Total other non-current liabilities	$	23,772	$	8,561