Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.21.2
Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2021
Summary of Significant Accounting Policies  
Concentrations of credit risk

Three Months Ended September 30, 

Nine months ended September 30, 

    

2021

    

2020

    

2021

    

2020

 

Net Sales

% of Net Revenues

  

 

Net Sales

% of Net Revenues

  

 

Net Sales

% of Net Revenues

  

 

Net Sales

% of Net Revenues

  

Customer A

$

1,326

21

%

$

%

$

%

$

%

Customer B

 

1,078

17

%

 

%

 

%

 

%

Customer C

 

722

12

%

 

%

 

6,040

36

%

 

%

Customer D

 

682

11

%

 

%

 

%

 

%

Customer E

647

10

%

1,240

33

%

2,807

17

%

2,006

37

%

Customer F

%

921

24

%

%

1,021

19

%

Customer G

%

792

21

%

%

792

15

%

Customer H

%

527

14

%

%

%

Total of customers with sales greater than 10%

$

4,455

71

%

$

3,480

92

%

$

8,847

53

%

$

3,819

71

%

Total of customers with sales less than 10%

1,802

29

%

322

8

%

7,924

47

%

1,549

29

%

Total Revenues

$

6,257

100

%

$

3,802

100

%

$

16,771

100

%

$

5,368

100

%

Schedule of disaggregates revenue by major source

Three Months Ended September 30, 

Nine months ended September 30, 

    

2021

    

2020

    

2021

    

2020

    

ZEVs converted

 

  

 

  

 

  

 

  

 

Manufacturing conversions - direct to customer

$

5,588

$

3,366

$

15,084

$

3,630

Powertrain systems - direct to customer

 

 

 

218

 

Powertrain systems - certified installer or dealers

 

 

 

 

1,320

Charging systems

 

242

 

70

 

244

 

70

Other

 

427

 

366

 

1,225

 

348

$

6,257

$

3,802

$

16,771

$

5,368