Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Equity

v3.22.2.2
Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Class A Units
Redeemable Noncontrolling Interests
Members’ Equity
Members’ Accumulated Deficit
Common Stock
Class A Units
Common Stock
Class B Units
Additional Paid-in Capital
Additional Paid-in Capital
Class A Units
Accumulated Deficit
Nonredeemable Noncontrolling Interests
Beginning balance at Dec. 31, 2020     $ 0                
Increase (Decrease) in Temporary Equity [Roll Forward]                      
Reclassification to redeemable noncontrolling interest     408,762                
Adjustment of redeemable noncontrolling interests to redemption amount     779,116                
Ending balance at Sep. 30, 2021     1,179,616                
Beginning balance at Dec. 31, 2020 $ 31,491     $ 34,930 $ (4,156) $ 0 $ 0 $ 0   $ 0 $ 717
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Share-based compensation expense 2,349     2,349              
Net income (loss)   $ (7,011)                  
Net income (loss) (34,606)                    
Members’ equity contributions 70     70              
Reclassification in connection with reverse recapitalization       (37,349) 22,900   3 37,346   (22,900)  
Net cash contribution from the reverse recapitalization and PIPE Financing, net of warrant liability 346,245         5 1 346,239      
Issuance of Class B Common Stock in Aria Merger 394,910           2 394,908      
Reclassification to redeemable noncontrolling interest (408,762)             (431,662)   22,900  
Adjustment of redeemable noncontrolling interests to redemption amount (779,117)             (346,831)   (432,286)  
Ending balance at Sep. 30, 2021 (439,159)     0 0 5 6 0   (439,297) 127
Beginning balance at Jun. 30, 2021     0                
Increase (Decrease) in Temporary Equity [Roll Forward]                      
Reclassification to redeemable noncontrolling interest     408,762                
Adjustment of redeemable noncontrolling interests to redemption amount     779,116                
Ending balance at Sep. 30, 2021     1,179,616                
Beginning balance at Jun. 30, 2021 21,309     35,178 (14,331) 0 0 0   0 462
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Share-based compensation expense 2,171     2,171              
Net income (loss)   (7,011)                  
Net income (loss) (24,177)                    
Reclassification in connection with reverse recapitalization       (37,349) 22,900   3 37,346   (22,900)  
Net cash contribution from the reverse recapitalization and PIPE Financing, net of warrant liability 346,245         5 1 346,239      
Issuance of Class B Common Stock in Aria Merger 394,910           2 394,908      
Reclassification to redeemable noncontrolling interest (408,762)             (431,662)   22,900  
Adjustment of redeemable noncontrolling interests to redemption amount (779,117)             (346,831)   (432,286)  
Ending balance at Sep. 30, 2021 (439,159)     0 0 5 6 0   (439,297) 127
Beginning balance at Dec. 31, 2021 993,301   993,301                
Increase (Decrease) in Temporary Equity [Roll Forward]                      
Exchange of Class A Opco Units and Class B Common Stock for Class A Common Stock     (314,693)                
Net income (loss) after Closing     (11,295)                
Adjustment of redeemable noncontrolling interests to redemption amount     36,026                
Ending balance at Sep. 30, 2022 703,339   703,339                
Beginning balance at Dec. 31, 2021 (162,308)     0 0 7 5 0   (162,320) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Warrant exercises 11,836             11,836      
Exchange of Class A Opco Units and Class B Common Stock for Class A Common Stock 314,693         1 (1) 314,693      
Deferred tax impacts from exchange for Class A Common Stock transactions   780             $ 780    
Share-based compensation expense 12,785             12,785      
Shares withheld for taxes on net settled awards (2,634)             (2,634)      
Shares issued to vendor 2,862             2,862      
Net income (loss) (13,488) (11,468)               (11,468) (2,020)
Net income (loss) (24,783)                    
Contributions from Lightning JV noncontrolling interest owner 272,708                   272,708
Adjustment of redeemable noncontrolling interests to redemption amount (36,026)             (36,026)      
Ending balance at Sep. 30, 2022 401,208     0 0 8 4 304,296   (173,788) 270,688
Beginning balance at Jun. 30, 2022     606,608                
Increase (Decrease) in Temporary Equity [Roll Forward]                      
Exchange of Class A Opco Units and Class B Common Stock for Class A Common Stock     3,134                
Net income (loss) after Closing     (7,224)                
Adjustment of redeemable noncontrolling interests to redemption amount     100,821                
Ending balance at Sep. 30, 2022 703,339   $ 703,339                
Beginning balance at Jun. 30, 2022 233,333     0 0 8 4 392,118   (158,797) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Warrant exercises 10,280             10,280      
Exchange of Class A Opco Units and Class B Common Stock for Class A Common Stock (3,134)             (3,134)      
Share-based compensation expense 3,862             3,862      
Shares withheld for taxes on net settled awards (871)             (871)      
Shares issued to vendor 2,862             2,862      
Net income (loss) (17,011) $ (14,991)               (14,991) (2,020)
Net income (loss) (24,235)                    
Contributions from Lightning JV noncontrolling interest owner (272,708)                   (272,708)
Adjustment of redeemable noncontrolling interests to redemption amount (100,821)             (100,821)      
Ending balance at Sep. 30, 2022 $ 401,208     $ 0 $ 0 $ 8 $ 4 $ 304,296   $ (173,788) $ 270,688