|
Delaware
(州或其他管轄範圍
成立公司或組織) |
| |
3713
(主要標準工業
分類碼號) |
| |
85-4319789
(I.R.S. employer
識別碼) |
|
|
Mitchell S. Nussbaum, Esq.
David S. Levine, Esq. Loeb & Loeb LLP 345 Park Avenue New York, NY 10154 Tel: (212) 407-4000 |
| |
Richard A. Friedman, Esq.
Stephen A. Cohen, Esq. 謝潑德、穆林、裏希特和漢普頓律師事務所 30 Rockefeller Plaza New York, NY 10174 Tel: (212) 653-8700 |
|
| 大型加速文件服務器☐ | | | Accelerated filer ☐ | |
| 非加速文件管理器 | | |
較小的報告公司
新興成長型公司 |
|
| | |
Per Share and Warrant
|
| |
Total
|
| ||||||
公開發行價
|
| | | $ | | | | | $ | | | ||
安置代理佣金(1)
|
| | | $ | | | | | | $ | | | |
未扣除費用的收益給我們
|
| | | $ | | | | | | $ | | | |
| | |
Page
|
| |||
有關前瞻性陳述的警示説明
|
| | | | iii | | |
PROSPECTUS SUMMARY
|
| | | | 1 | | |
THE OFFERING
|
| | | | 8 | | |
彙總財務和其他數據
|
| | | | 10 | | |
RISK FACTORS
|
| | | | 12 | | |
市場、行業等數據
|
| | | | 36 | | |
USE OF PROCEEDS
|
| | | | 37 | | |
DIVIDEND POLICY
|
| | | | 37 | | |
CAPITALIZATION
|
| | | | 38 | | |
DILUTION
|
| | | | 39 | | |
管理層對財務狀況的討論和分析
RESULTS OF OPERATIONS |
| | | | 41 | | |
BUSINESS
|
| | | | 55 | | |
董事和高管
|
| | | | 76 | | |
CORPORATE GOVERNANCE
|
| | | | 80 | | |
高管薪酬
|
| | | | 82 | | |
某些關係和關聯方交易
|
| | | | 87 | | |
某些受益所有者和管理層的擔保所有權
|
| | | | 88 | | |
證券説明
|
| | | | 90 | | |
有資格未來出售的股票
|
| | | | 95 | | |
PLAN OF DISTRIBUTION
|
| | | | 97 | | |
LEGAL MATTERS
|
| | | | 100 | | |
EXPERTS
|
| | | | 100 | | |
您可以在哪裏找到更多信息
|
| | | | 100 | | |
合併財務報表索引
|
| | | | F-1 | | |
| | |
Six Months Ended
|
| |||||||||
In thousands
|
| |
June 30, 2022
|
| |
June 30, 2021
|
| ||||||
| | |
(Unaudited)
|
| |||||||||
業務簡明合併報表 | | | | | | | | | | | | | |
Net sales
|
| | | $ | 2,170 | | | | | $ | 1,126 | | |
Cost of revenues
|
| | | | 1,725 | | | | | | 1,233 | | |
Gross profit (loss)
|
| | | | 445 | | | | | | (107) | | |
Operating expenses: | | | | | | | | | | | | | |
銷售、一般和行政管理
|
| | | | 5,313 | | | | | | 4,099 | | |
Operating loss
|
| | | | (4,868) | | | | | | (4,206) | | |
Other income (expense): | | | | | | | | | | | | | |
Interest (expense) income, net
|
| | | | (4) | | | | | | 2 | | |
Others
|
| | | | 639 | | | | | | — | | |
Total other income, net
|
| | | | 635 | | | | | | 2 | | |
Loss before income taxes
|
| | | | (4,233) | | | | | | (4,204) | | |
Income tax provision
|
| | | | (14) | | | | | | (3) | | |
Net loss
|
| | | $ | (4,247) | | | | | $ | (4,207) | | |
普通股每股淨虧損: | | | | | | | | | | | | | |
Basic and Diluted
|
| | | $ | (0.24) | | | | | | (0.24) | | |
加權平均流通股*
|
| | | | 17,740,984 | | | | | | 17,500,000 | | |
| | |
Successor
|
| | |
Predecessor
|
| ||||||||||||
In thousands
|
| |
Year Ended
December 31, 2021 |
| |
Period from
November 13, 2020 to December 31, 2020 |
| | |
Period from
January 1, 2020 to November 12, 2020 |
| |||||||||
合併業務報表: | | | | | | | | | | | | | | | | | | | | |
Net sales
|
| | | $ | 2,977 | | | | | $ | 377 | | | | | | $ | 4,132 | | |
Cost of revenue
|
| | | | 3,540 | | | | | | 479 | | | | | | | 4,451 | | |
Gross loss:
|
| | | | (563) | | | | | | (102) | | | | | | | (319) | | |
Operating expenses: | | | | | | | | | | | | | | | | | | | | |
銷售、一般和行政管理
|
| | | | 13,750 | | | | | | 1,147 | | | | | | | 3,686 | | |
Operating loss
|
| | | | (14,313) | | | | | | (1,249) | | | | | | | (4,005) | | |
Other income (expenses): | | | | | | | | | | | | | | | | | | | | |
Interest expenses, net
|
| | | | (3) | | | | | | (4) | | | | | | | (4) | | |
Others
|
| | | | (287) | | | | | | 12 | | | | | | | 587 | | |
Total other income, net
|
| | | | (290) | | | | | | 8 | | | | | | | 583 | | |
Loss before income taxes
|
| | | | (14,603) | | | | | | (1,241) | | | | | | | (3,422) | | |
Income tax expenses
|
| | | | (11) | | | | | | (2) | | | | | | | — | | |
Net loss
|
| | | $ | (14,614) | | | | | $ | (1,243) | | | | | | $ | (3,422) | | |
普通股每股淨虧損: | | | | | | | | | | | | | | | | | | | | |
Basic and Diluted
|
| | | $ | (0.83) | | | | | $ | (0.07) | | | | | | | | | |
加權平均流通股*
|
| | | | 17,500,000 | | | | | | 17,500,000 | | | | | | | | | |
In thousands:
|
| |
June 30,
2022 |
| |
December 31,
2021 |
| |
December 31,
2020 |
| |||||||||
| | |
(Unaudited)
|
| | | | | | | | | | | | | |||
彙總合併資產負債表數據: | | | | | | | | | | | | | | | | | | | |
Cash and cash equivalents . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| | | $ | 7,764 | | | | | $ | 2,683 | | | | | $ | 15,699 | | |
Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| | | | 16,551 | | | | | | 6,637 | | | | | | 19,249 | | |
Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| | | $ | 24,570 | | | | | $ | 15,436 | | | | | $ | 29,227 | | |
Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| | | | 4,864 | | | | | | 4,452 | | | | | | 4,254 | | |
Total liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| | | | 5,029 | | | | | | 5,208 | | | | | | 4,437 | | |
Total equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| | | | 19,541 | | | | | | 10,228 | | | | | | 24,790 | | |
Total liabilities and equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| | | $ | 24,570 | | | | | $ | 15,436 | | | | | $ | 29,227 | | |
Number of Shares and % of
Total Outstanding |
| |
上市銷售日期
|
|
, or
|
| | 緊接此服務之後。 | |
2,918,563, or % | | | 截至2022年6月首次公開募股後的2022年8月31日。 | |
17,500,000, or % | | | 由於這些股份的持有人與配售代理之間的合同義務和鎖定協議,在本招股説明書日期後180天。然而,配售代理可以放棄這些鎖定協議的條款,並允許這些股東在任何時候出售他們的股份,前提是他們根據規則144各自的一年持有期已經到期。 | |
| | |
As of June 30, 2022
|
| |||||||||
(單位為千,不包括股票和麪值)
|
| |
Actual
|
| |
As Adjusted
|
| ||||||
現金和現金等價物
|
| | | $ | 7,764 | | | | | $ | | | |
託管賬户中的受限現金
|
| | | | 250 | | | | | | | | |
Debt: | | | | | | | | | | | | | |
長期借款 - 當期部分
|
| | | | 10 | | | | | | | | |
Long-term borrowings
|
| | | | 165 | | | | | | | | |
Total debt
|
| | | $ | 175 | | | | | $ | | | |
Stockholders’ equity: | | | | | | | | | | | | | |
普通股,面值0.0001美元,授權股份4.5億股,已發行和已發行股票分別為1960萬股和已發行股票,經調整
|
| | | | 8 | | | | | | | | |
新增實收資本
|
| | | | 39,637 | | | | | | | | |
Accumulated deficit
|
| | | | (20,104) | | | | | | | | |
股東權益總額
|
| | | $ | 19,541 | | | | | $ | | | |
Total capitalization
|
| | | $ | 19,716 | | | | | $ | | | |
|
普通股和配套認股權證的每股合併公開發行價,這是基於我們的普通股在納斯達克資本市場上最後一次報告的銷售價格,日期是2022年9月
|
| | | $ | | | |
|
截至2022年6月30日的每股有形賬面淨值
|
| | | $ | | | |
|
可歸因於此次發行的新投資者的每股增長
|
| | | $ | | | |
|
本次發行生效後,截至2022年6月30日的調整後每股有形賬面淨值
|
| | | $ | | | |
|
對參與此次發行的投資者每股攤薄
|
| | | $ | | | |
| | |
Shares Purchased
|
| |
Total Consideration
|
| |
Average Price
Per Share |
| |||||||||
| | |
Number
|
| |
Percent
|
| |
Amount
|
| |
Percent
|
| ||||||
現有股東
|
| | | | 20,418,563 | | | | | | | | | | | | | | |
New investors
|
| | | | | | | | | | | | | | | | | | |
Total
|
| | | | | | | | | | | | | | | | | | |
| | |
Six Months Ended
|
| |||||||||
In thousands
|
| |
June 30, 2022
|
| |
June 30, 2021
|
| ||||||
業務簡明合併報表 | | | | | | | | | | | | | |
Net sales
|
| | | $ | 2,170 | | | | | $ | 1,126 | | |
Cost of revenues
|
| | | | 1,725 | | | | | | 1,233 | | |
Gross profit (loss)
|
| | | | 445 | | | | | | (107) | | |
Operating expenses: | | | | | | | | | | | | | |
銷售、一般和行政管理
|
| | | | 5,313 | | | | | | 4,099 | | |
Operating loss
|
| | | | (4,868) | | | | | | (4,206) | | |
| | |
Six Months Ended
|
| |||||||||
In thousands
|
| |
June 30, 2022
|
| |
June 30, 2021
|
| ||||||
Other income (expense): | | | | | | | | | | | | | |
利息(費用)收入,淨額
|
| | | | (4) | | | | | | 2 | | |
Others
|
| | | | 639 | | | | | | — | | |
Total other income, net
|
| | | | 635 | | | | | | 2 | | |
Loss before income taxes
|
| | | | (4,233) | | | | | | (4,204) | | |
Income tax provision
|
| | | | (14) | | | | | | (3) | | |
Net loss
|
| | | $ | (4,247) | | | | | $ | (4,207) | | |
普通股每股淨虧損: | | | | | | | | | | | | | |
Basic and Diluted
|
| | | $ | (0.24) | | | | | | (0.24) | | |
加權平均流通股
|
| | | | 17,740,984 | | | | | | 17,500,000 | | |
| | |
Successor
|
| | |
Predecessor
|
| ||||||||||||
In thousands
|
| |
Year Ended
December 31, 2021 |
| |
Period from November 13,
2020 to December 31, 2020 |
| | |
Period from January 1,
2020 to November 12, 2020 |
| |||||||||
合併業務報表: | | | | | | | | | | | | | | | | | | | | |
Net sales
|
| | | $ | 2,977 | | | | | $ | 377 | | | | | | $ | 4,132 | | |
Cost of revenue
|
| | | | 3,540 | | | | | | 479 | | | | | | | 4,451 | | |
Gross loss
|
| | | | (563) | | | | | | (102) | | | | | | | (319) | | |
Operating expenses: | | | | | | | | | | | | | | | | | | | | |
銷售、一般和行政管理
|
| | | | 13,750 | | | | | | 1,147 | | | | | | | 3,686 | | |
Operating loss
|
| | | | (14,313) | | | | | | (1,249) | | | | | | | (4,005) | | |
Other income (expenses): | | | | | | | | | | | | | | | | | | | | |
Interest expenses, net
|
| | | | (3) | | | | | | (4) | | | | | | | (4) | | |
Others
|
| | | | (287) | | | | | | 12 | | | | | | | 587 | | |
其他(費用)收入合計,淨額
|
| | | | (290) | | | | | | 8 | | | | | | | 583 | | |
所得税前虧損 | | | | | (14,603) | | | | | | (1,241) | | | | | | | (3,422) | | |
Income tax expenses
|
| | | | (11) | | | | | | (2) | | | | | | | — | | |
Net loss | | | | $ | (14,614) | | | | | $ | (1,243) | | | | | | $ | (3,422) | | |
普通股每股淨虧損: | | | | | | | | | | | | | | | | | | | | |
Basic and Diluted
|
| | | $ | (0.83) | | | | | $ | (0.07) | | | | | | | | | |
加權平均流通股*
|
| | | | 17,500,000 | | | | | | 17,500,000 | | | | | | | | | |
| | |
Six Months Ended
|
| |||||||||
| | |
June 30, 2022
|
| |
June 30, 2021
|
| ||||||
| | |
(Unaudited)
|
| |||||||||
Sales of EVs
|
| | | $ | 788 | | | | | $ | 613 | | |
Lease of EVs
|
| | | | 275 | | | | | | 300 | | |
Sales of Forklifts
|
| | | | 741 | | | | | | — | | |
Others
|
| | | | 366 | | | | | | 213 | | |
| | | | $ | 2,170 | | | | | $ | 1,126 | | |
| | |
Successor
|
| | |
Predecessor
|
| ||||||||||||
In thousands
|
| |
Year ended
December 31, 2021 |
| |
Period from November 13,
2020 to, December 31 2020 |
| | |
Period from January 1,
2020 to November 12, 2020 |
| |||||||||
Sales of EVs
|
| | | $ | 1,750 | | | | | $ | 235 | | | | | | $ | 2,690 | | |
Lease of EVs
|
| | | | 586 | | | | | | 92 | | | | | | | 492 | | |
Others
|
| | | | 641 | | | | | | 50 | | | | | | | 950 | | |
| | | | $ | 2,977 | | | | | $ | 377 | | | | | | $ | 4,132 | | |
| | |
Six months ended
June 30, 2022 |
| |
Six months ended
June 30, 2021 |
| ||||||
In thousands
|
| |
Unaudited
|
| |
Unaudited
|
| ||||||
經營活動使用的淨現金:
|
| | | $ | (8,347) | | | | | $ | (6,219) | | |
投資活動產生(用於)的淨現金
|
| | | | 256 | | | | | | (458) | | |
融資活動產生的淨現金
|
| | | | 13,440 | | | | | | 578 | | |
現金及現金等價物淨增(減)
|
| | | | 5,331 | | | | | | (6,099) | | |
| | |
Successor
|
| | |
Predecessor
|
| ||||||||||||
| | |
Year ended
December 31, 2021 |
| |
Period from November 13,
2020 to December 31, 2020 |
| | |
Period from January 1,
2020 to November 12, 2020 |
| |||||||||
運營提供的淨現金(用於)
activities |
| | | $ | (12,939) | | | | | $ | (1,434) | | | | | | $ | 11 | | |
投資活動中使用的淨現金
|
| | | | (638) | | | | | | (80) | | | | | | | (556) | | |
融資活動產生的淨現金
|
| | | | 561 | | | | | | 16,985 | | | | | | | 744 | | |
現金及現金等價物淨(減)增
|
| | | | (13,016) | | | | | | 15,471 | | | | | | | 199 | | |
|
Retail
|
| | Amazon | | | 2022:10,000輛電動送貨車(短期目標) | |
| | | | | | | 2030:電動送貨車總數為100,000輛(長期目標) | |
| | | | Walmart | | | 2040:零排放車隊,包括長途(6000輛卡車) | |
|
Power
|
| | Schneider Electric | | | 2030: 100% electric fleet (14,000 vehicles) | |
|
Transportation
|
| | Uber | | | 2030:在美國、加拿大和歐洲城市,100%的騎行都是在電動汽車中進行的 | |
| | | | | | | 2040:100%的出行發生在零排放車輛、公共交通工具或微型機動車輛上 | |
|
Delivery
|
| | DHL | | | 2025年:70%的第一英里和最後一英里的送貨服務採用清潔運輸模式 | |
| | | | | | | 2050:將與物流相關的排放減少到零 | |
| | | | FedEx | | | 2040:100%全球提貨和送貨(PUD)汽車採購電動 | |
|
Biotech
|
| | Genentech | | | 2030:銷售車隊(1300輛)和通勤公交車100%電動化 | |
|
Municipal
|
| |
New York, New York
|
| | 2017:未來僅為非緊急轎車購買插電式混合動力汽車(PHEV) | |
| | | | | | | 2025: Add 2,000 EVs to NYC sedan fleet | |
| | | | | | | 2040: 100% electric MTA bus fleet | |
| | | | New Jersey | | | 2024年:至少10%的新購買公交車將是零排放公交車 | |
| | | | | | | 2026年:至少50%的新購買公交車將是零排放公交車 | |
| | | | | | | 2032:新購買的公交車將100%為零排放公交車 | |
| | | | 加利福尼亞州洛杉磯 | | | 2028年:技術上可行的100%ZEV車輛改裝(2028年:出租車、校車;2035年:城市送貨車輛) | |
| | | | | | | 2035:通過洛杉磯衞生局承諾100%實現環衞車隊電氣化 | |
| | | | Houston, Texas | | | 2030:100%電動汽車非緊急、輕型市政車隊 | |
| | | | Chicago, Illinois | | | 2040:100%電動芝加哥運輸局(CTA)公共汽車車隊(1,850輛公共汽車) | |
Name
|
| |
Age
|
| |
Position
|
|
小峯登頓鵬 | | |
46
|
| | 董事局主席董事 | |
Liang Lance Zhou | | |
54
|
| | 首席執行官董事 | |
Tarek Helou | | |
40
|
| | 首席運營官 | |
Wenbing Chris Wang | | |
50
|
| | 首席財務官 | |
Jose Paul Plackal | | |
41
|
| | 首席營銷官 | |
J. Mark Hastings | | |
58
|
| | 公司發展和戰略高級副總裁/投資者關係主管 | |
Lewis Liu | | |
60
|
| | 項目管理辦公室和業務發展高級副總裁 | |
Edmund Shen | | |
62
|
| | 產品管理和供應鏈副總裁 | |
HoongKhoeng Cheong | | |
56
|
| | Director | |
John F. Perkowski | | |
73
|
| | 獨立董事 | |
Steven E. Stivers | | |
56
|
| | 獨立董事 | |
Sam Van | | |
43
|
| | 獨立董事 | |
Zhenxing Fu | | |
60
|
| | 獨立董事 | |
姓名和主要職務
|
| |
Year
|
| |
Salary
($) |
| |
Bonus
($) |
| |
Stock
Awards ($) |
| |
Option
Awards ($)(4) |
| |
Non-Equity
Incentive Plan Compensation ($) |
| |
Non-qualified
Deferred Compensation Earnings ($) |
| |
All Other
Compensation ($) |
| |
Total
($) |
| ||||||||||||
Xiaofeng Denton Peng
Chairman |
| | | | 2020 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | 2021 | | | | | | | | | | | | | | | | | | 42,000 | | | | | | | | | | | | | | | 42,000 | | | ||
Liang Lance Zhou(1)
首席執行官 |
| | | | 2020 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | 2021 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Joseph R. Mitchell(2)
前首席執行官 |
| | | | 2020 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | 2021 | | | | | | 220,635 | | | | | | | | | | | | | | | | | | | | | | | | | | | 220,635 | | | ||
Tarek Helou
首席運營官 |
| | | | 2020 | | | | | | 182,911 | | | | | | | | | | | | | | | | | | | | | | | | | | | 182,911 | | |
| | | 2021 | | | | | | 195,092 | | | | | | | | | | | | | | | | | | | | | | | | | | | 195,092 | | | ||
Ronald Iacobelli(3)
前首席技術官 |
| | | | 2020 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | 2021 | | | | | | 161,564 | | | | | | | | | | | | | | | | | | | | | | | | | | | 161,564 | | | ||
Wenbing Chris Wang
首席財務官 |
| | | | 2020 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | 2021 | | | | | | 25,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | 25,000 | | |
| | |
Option Awards
|
| |||||||||||||||||||||
Name
|
| |
Number of
Securities Underlying Vested Options (#) Exercisable |
| |
Equity Incentive
Plan Awards: Number of Securities Underlying Unvested Unearned Options (#) |
| |
Option
Exercise Price ($) |
| |
Option
Expiration Date |
| ||||||||||||
Xiaofeng Denton Peng
|
| | | | 1,050,000(1) | | | | | | | | | | | | 1.72 | | | | | | 1/24/2028 | | |
Liang Lance Zhou
|
| | | | | | | | | | 350,000(2) | | | | | | 1.72 | | | | | | 3/21/2032 | | |
Joe Mitchell
|
| | | | 43,750(3) | | | | | | | | | | | | 1.72 | | | | | | 2/15/2031 | | |
Tarek Helou
|
| | | | 34,375 | | | | | | 103,125(4) | | | | | | 1.72 | | | | | | 3/30/2031 | | |
Ronald Iacobelli
|
| | | | 31,250 | | | | | | 93,750(5) | | | | | | 1.72 | | | | | | 4/26/2031 | | |
Wenbing Chris Wang
|
| | | | 31,250 | | | | | | 93,750(6) | | | | | | 1.72 | | | | | | 3/30/2031 | | |
受益人姓名和地址
|
| |
Shares Beneficially
Owned |
| |
Percent of Class
prior this Offering |
| |
Percent of Class
after this Offering |
| |||||||||
5% Beneficial Owner: | | | | | | | | | | | | | | | | | | | |
EdisonFuture, Inc
|
| | | | 17,500,000(1) | | | | | | 85.7% | | | | | | | | |
被任命的高管和董事: | | | | | | | | | | | | | | | | | | | |
Xiaofeng Denton Peng
|
| | | | 1,050,000(2) | | | | | | 5.9% | | | | | | | | |
| | | | | 150,000(3) | | | | | | | | | | | | | | |
Liang Lance Zhou(4)
|
| | |
|
175,000(3)
|
| | | |
|
*
|
| | | |
|
*
|
| |
Tarek Helou(4)
|
| | | | 34,375(2) | | | | | | * | | | | | | * | | |
| | | | | 5,000(3) | | | | | | | | | | | | | | |
Chris Wang(4)
|
| | | | 31,250(2) | | | | | | * | | | | | | * | | |
| | | | | 150,000(3) | | | | | | | | | | | | | | |
HoongKhoeng Cheong(4)
|
| | | | 6,250(2) | | | | | | * | | | | | | * | | |
我們所有的董事和管理人員(5人)
|
| | | | 1,601,875 | | | | | | 7.8% | | | | | | | | |
| | |
Number of
restricted stock units-exercisable |
| |
Number of
options-exercisable |
| |
Number of
期權--不可執行 |
| |||||||||
Xiaofeng Denton Peng
|
| | | | 150,000 | | | | | | 1,050,000 | | | | | | — | | |
Liang Lance Zhou
|
| | | | 175,000 | | | | | | — | | | | | | 350,000 | | |
Tarek Helou
|
| | | | 5,000 | | | | | | 34,375 | | | | | | 103,125 | | |
Wenbing Chris Wang
|
| | | | 150,000 | | | | | | 31,250 | | | | | | 93,750 | | |
其他董事和員工
|
| | | | 25,000 | | | | | | 136,063 | | | | | | 615,625 | | |
| | |
Per Share and
Common Stock Warrant |
| |||
Public offering price
|
| | | $ | | | |
Placement Agent fees
|
| | | $ | | | |
未扣除費用的收益給我們
|
| | | $ | | | |
| | |
Page
|
| |||
獨立註冊會計師事務所報告(PCAOB ID號5395)
|
| | | | F-2 | | |
截至2021年12月31日和2020年12月31日的合併資產負債表
|
| | | | F-3 | | |
截至2021年12月31日的年度、2020年11月13日至2020年12月31日(後續)和2020年1月1日至2020年11月12日(前身)的合併經營報表
|
| | | | F-4 | | |
截至2021年12月31日的年度、2020年11月13日至2020年12月31日(後繼者)、2020年1月1日至2020年11月12日(前身)的股東(赤字)權益變動合併報表
|
| | | | F-5 | | |
截至2021年12月31日的年度、2020年11月13日至2020年12月31日的合併現金流量表(後續)和2020年1月1日至2020年11月12日的合併現金流量表(前身)
|
| | | | F-6 | | |
合併財務報表附註
|
| | | | F-7 | | |
截至2022年6月30日(未經審計)和12月31日的簡明合併資產負債表
2021 |
| | | | F-24 | | |
截至2022年6月30日和2021年6月30日的三個月和六個月未經審計的簡明綜合經營報表
|
| | | | F-25 | | |
截至2022年6月30日和2021年6月30日的三個月和六個月未經審計的股東權益簡明綜合變動表
|
| | | | F-26 | | |
截至2022年6月30日和2021年6月30日的六個月未經審計的現金流量簡明合併報表
|
| | | | F-27 | | |
未經審計的簡明合併財務報表附註
|
| | | | F-28 | | |
| | |
December 31,
2021 |
| |
December 31,
2020 |
| ||||||
ASSETS
|
| | | | | | | | | | | | |
Current assets: | | | | | | | | | | | | | |
Cash and cash equivalents .
|
| | | $ | 2,683 | | | | | $ | 15,699 | | |
Accounts receivable, net
|
| | | | 1,201 | | | | | | 1,157 | | |
Inventories
|
| | | | 2,225 | | | | | | 1,545 | | |
預付費用和其他流動資產
|
| | | | 528 | | | | | | 848 | | |
Total current assets
|
| | | | 6,637 | | | | | | 19,249 | | |
財產和設備,淨額
|
| | | | 2,205 | | | | | | 2,766 | | |
Intangible assets, net
|
| | | | 2,323 | | | | | | 2,941 | | |
Goodwill
|
| | | | 4,271 | | | | | | 4,271 | | |
Total assets
|
| | | $ | 15,436 | | | | | $ | 29,227 | | |
LIABILITIES AND EQUITY
|
| | | | | | | | | | | | |
流動負債: | | | | | | | | | | | | | |
Accounts payable
|
| | | $ | 1,786 | | | | | $ | 1,356 | | |
Accrued liabilities
|
| | | | 779 | | | | | | 450 | | |
客户預付款
|
| | | | 803 | | | | | | 709 | | |
Deferred income
|
| | | | 714 | | | | | | 1,187 | | |
Warranty reserve
|
| | | | 360 | | | | | | 530 | | |
長期借款,當期部分
|
| | | | 10 | | | | | | 22 | | |
流動負債總額
|
| | | | 4,452 | | | | | | 4,254 | | |
Long-term borrowings
|
| | | | 756 | | | | | | 183 | | |
Total liabilities
|
| | | | 5,208 | | | | | | 4,437 | | |
承付款和或有事項(附註15) | | | | | | | | | | | | | |
Equity: | | | | | | | | | | | | | |
截至2021年12月31日和2020年12月31日,普通股,面值0.0004美元,授權股份4.5億股,已發行和已發行股份分別為1750萬股*
|
| | | | 7 | | | | | | 7 | | |
應收訂閲款
|
| | | | (7) | | | | | | (7) | | |
新增實收資本
|
| | | | 26,085 | | | | | | 26,033 | | |
Accumulated deficit
|
| | | | (15,857) | | | | | | (1,243) | | |
Total equity
|
| | | | 10,228 | | | | | | 24,790 | | |
負債和權益合計
|
| | | $ | 15,436 | | | | | $ | 29,227 | | |
| | |
Successor
|
| | |
Predecessor
|
| ||||||||||||
| | |
Year Ended
December 31, 2021 |
| |
Period from
November 13, 2020 to December 31, 2020 |
| | |
Period from
January 1, 2020 to November 12, 2020 |
| |||||||||
Net sales
|
| | | $ | 2,977 | | | | | $ | 377 | | | | | | $ | 4,132 | | |
Cost of revenue
|
| | | | 3,540 | | | | | | 479 | | | | | | | 4,451 | | |
Gross loss:
|
| | | | (563) | | | | | | (102) | | | | | | | (319) | | |
Operating expenses: | | | | | | | | | | | | | | | | | | | | |
銷售、一般和行政管理
|
| | | | 13,750 | | | | | | 1,147 | | | | | | | 3,686 | | |
Operating loss
|
| | | | (14,313) | | | | | | (1,249) | | | | | | | (4,005) | | |
Other income (expenses): | | | | | | | | | | | | | | | | | | | | |
Interest expenses, net
|
| | | | (3) | | | | | | (4) | | | | | | | (4) | | |
Others
|
| | | | (287) | | | | | | 12 | | | | | | | 587 | | |
其他收入(支出)合計,淨額
|
| | | | (290) | | | | | | 8 | | | | | | | 583 | | |
所得税前虧損
|
| | | | (14,603) | | | | | | (1,241) | | | | | | | (3,422) | | |
Income tax expenses
|
| | | | (11) | | | | | | (2) | | | | | | | — | | |
Net loss
|
| | | $ | (14,614) | | | | | $ | (1,243) | | | | | | $ | (3,422) | | |
普通股每股淨虧損: | | | | | | | | | | | | | | | | | | | | |
Basic and Diluted
|
| | | $ | (0.83) | | | | | $ | (0.07) | | | | | | | | | |
加權平均流通股*
|
| | | | 17,500,000 | | | | | | 17,500,000 | | | | | | | | | |
| | |
Shares*
|
| |
Common
Stock Amount |
| |
Subscription
Receivable |
| |
Additional
Paid -In Capital |
| |
Accumulated
Deficit |
| |
Total
(Deficit) Equity |
| ||||||||||||||||||
Predecessor: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Balance as of December 31, 2019
|
| | | | — | | | | | $ | — | | | | | $ | — | | | | | $ | 49,558 | | | | | $ | (61,195) | | | | | $ | (11,637) | | |
Net loss
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (3,422) | | | | | | (3,422) | | |
股東免除的債務
|
| | | | — | | | | | | — | | | | | | | | | | | | 16,847 | | | | | | — | | | | | | 16,847 | | |
Balance as of November 12, 2020
|
| | | | — | | | | | $ | — | | | | | $ | — | | | | | $ | 66,405 | | | | | $ | (64,617) | | | | | $ | 1,788 | | |
Successor: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
註銷前置股權
|
| | | | | | | | | | | | | | | | | | | | | | (66,405) | | | | | | 64,617 | | | | | | (1,788) | | |
業務合併考慮事項
paid by a stockholder |
| | | | | | | | | | | | | | | | | | | | | | 9,033 | | | | | | — | | | | | | 9,033 | | |
Recapitalization
|
| | | | 17,500,000 | | | | | | 7 | | | | | | (7) | | | | | | — | | | | | | — | | | | | | — | | |
Balance as of November 13, 2020
|
| | | | 17,500,000 | | | | | $ | 7 | | | | | $ | (7) | | | | | $ | 9,033 | | | | | $ | — | | | | | $ | 9,033 | | |
出資
|
| | | | — | | | | | | — | | | | | | — | | | | | | 17,000 | | | | | | — | | | | | | 17,000 | | |
Net loss
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (1,243) | | | | | | (1,243) | | |
Balance as of December 31, 2020
|
| | | | 17,500,000 | | | | | | 7 | | | | | $ | (7) | | | | | $ | 26,033 | | | | | $ | (1,243) | | | | | $ | 24,790 | | |
Net loss
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | (14,614) | | | | | | (14,614) | | |
股票薪酬
|
| | | | | | | | | | | | | | | | | | | | | | 52 | | | | | | | | | | | | 52 | | |
Balance as of December 31, 2021
|
| | | | 17,500,000 | | | | | $ | 7 | | | | | $ | (7) | | | | | $ | 26,085 | | | | | $ | (15,857) | | | | | $ | 10,228 | | |
| | |
Successor
|
| | |
Predecessor
|
| ||||||||||||
| | |
Year ended
December 31, 2021 |
| |
Period from
November 13, 2020 to December 31, 2020 |
| | |
Period from
January 1, 2020 to November 12, 2020 |
| |||||||||
經營活動現金流: | | | | | | | | | | | | | | | | | | | | |
Net loss
|
| | | $ | (14,614) | | | | | $ | (1,243) | | | | | | $ | (3,422) | | |
將淨虧損與經營活動中使用的現金淨額進行調整:
|
| | | | | | | | | | | | | | | | | | | |
折舊及攤銷
|
| | | | 1,688 | | | | | | 353 | | | | | | | 852 | | |
股東支付的費用
|
| | | | — | | | | | | — | | | | | | | 61 | | |
Forgiveness of PPP loan
|
| | | | — | | | | | | — | | | | | | | (551) | | |
壞賬準備和應收賬款核銷
|
| | | | 100 | | | | | | — | | | | | | | — | | |
Write-down for inventory
|
| | | | 493 | | | | | | — | | | | | | | — | | |
財產和設備處置損失
|
| | | | 275 | | | | | | — | | | | | | | — | | |
Non-cash expense
|
| | | | 48 | | | | | | — | | | | | | | — | | |
基於股票的薪酬費用
|
| | | | 52 | | | | | | — | | | | | | | — | | |
經營性資產和負債變動
|
| | | | | | | | | | | | | | | | | | | |
Accounts receivable
|
| | | | (144) | | | | | | (65) | | | | | | | 603 | | |
Inventories
|
| | | | (1,367) | | | | | | (61) | | | | | | | 1,793 | | |
預付費用和其他資產
|
| | | | 320 | | | | | | (303) | | | | | | | 108 | | |
Accounts payable
|
| | | | 430 | | | | | | (93) | | | | | | | 302 | | |
Accrued liabilities
|
| | | | 329 | | | | | | (25) | | | | | | | 194 | | |
Advance from customers
|
| | | | 94 | | | | | | 62 | | | | | | | 90 | | |
Deferred income
|
| | | | (473) | | | | | | — | | | | | | | — | | |
Warranty reserve
|
| | | | (170) | | | | | | (59) | | | | | | | (19) | | |
經營活動提供的現金淨額(用於)
|
| | | | (12,939) | | | | | | (1,434) | | | | | | | 11 | | |
投資活動現金流: | | | | | | | | | | | | | | | | | | | | |
購置房產和設備
|
| | | | (638) | | | | | | (80) | | | | | | | (556) | | |
投資活動中使用的淨現金
|
| | | | (638) | | | | | | (80) | | | | | | | (556) | | |
融資活動的現金流: | | | | | | | | | | | | | | | | | | | | |
借款收益
|
| | | | 586 | | | | | | — | | | | | | | 752 | | |
償還借款
|
| | | | (25) | | | | | | (15) | | | | | | | (8) | | |
出資收益
|
| | | | — | | | | | | 17,000 | | | | | | | — | | |
融資活動產生的淨現金
|
| | | | 561 | | | | | | 16,985 | | | | | | | 744 | | |
現金和現金等價物增加(減少)
|
| | | | (13,016) | | | | | | 15,471 | | | | | | | 199 | | |
年初的現金和現金等價物
|
| | | | 15,699 | | | | | | 228 | | | | | | | 29 | | |
年終現金和現金等價物
|
| | | $ | 2,683 | | | | | $ | 15,699 | | | | | | $ | 228 | | |
補充現金流信息:
Interest paid |
| | | $ | 6 | | | | | $ | 2 | | | | | | $ | 2 | | |
Income tax paid
|
| | | $ | 2 | | | | | $ | — | | | | | | $ | 2 | | |
Non – cash activities:
應對股東的貸款減免 |
| | | | | | | | | | | | | | | | $ | 16,786 | | |
|
傢俱、固定裝置和設備
|
| | 3 to 7 years | |
|
Automobile
|
| | 3 to 5 years | |
|
Leased automobile
|
| | 3 years | |
|
租賃改進
|
| |
預計壽命和租賃期限中較短的那個
|
|
| | |
Successor
|
| | |
Predecessor
|
| ||||||||||||
| | |
Year ended
December 31, 2021 |
| |
Period from November 13,
2020 to, December 31 2020 |
| | |
Period from January 1,
2020 to November 12, 2020 |
| |||||||||
Sales of EVs
|
| | | $ | 1,750 | | | | | $ | 235 | | | | | | $ | 2,690 | | |
Lease of EVs
|
| | | | 586 | | | | | | 92 | | | | | | | 492 | | |
Others
|
| | | | 641 | | | | | | 50 | | | | | | | 950 | | |
| | | | $ | 2,977 | | | | | $ | 377 | | | | | | $ | 4,132 | | |
|
Cash and cash equivalent
|
| | | $ | 228 | | |
|
應收賬款和其他應收賬款淨額
|
| | | | 1,092 | | |
|
Inventories, net
|
| | | | 1,565 | | |
|
財產、廠房和設備,淨額
|
| | | | 2,864 | | |
|
可識別無形資產淨額
|
| | | | 3,043 | | |
|
預付費用和其他資產,流動和非流動
|
| | | | 537 | | |
|
Accounts payables
|
| | | | (1,449) | | |
|
應計負債和其他負債
|
| | | | (2,908) | | |
|
其他長期負債
|
| | | | (210) | | |
|
收購的可識別資產和承擔的負債(A)
|
| | | | 4,762 | | |
|
Consideration (b)
|
| | | | 9,033 | | |
|
Goodwill (b-a)
|
| | | $ | 4,271 | | |
| | |
Unaudited
|
| |||
Revenue
|
| | | $ | 4,509 | | |
Net loss
|
| | | | (4,665) | | |
| | |
December 31,
2021 |
| |
December 31,
2020 |
| ||||||
Accounts receivable
|
| | | $ | 1,236 | | | | | $ | 1,187 | | |
減去:壞賬準備
|
| | | | (35) | | | | | | (30) | | |
Accounts receivable, net
|
| | | $ | 1,201 | | | | | $ | 1,157 | | |
| | |
December 31,
2021 |
| |
December 31,
2020 |
| ||||||
Raw materials
|
| | | $ | 924 | | | | | $ | 635 | | |
Work in process
|
| | | | 582 | | | | | | 910 | | |
Finished goods
|
| | | | 719 | | | | | | — | | |
Total inventories
|
| | | $ | 2,225 | | | | | $ | 1,545 | | |
| | |
December 31,
2021 |
| |
December 31,
2020 |
| ||||||
Prepaid expenses
|
| | | $ | 41 | | | | | $ | 360 | | |
Vendor deposits
|
| | | | 267 | | | | | | 223 | | |
Prepaid insurance
|
| | | | 144 | | | | | | 169 | | |
Others
|
| | | | 76 | | | | | | 96 | | |
預付總資產和其他流動資產
|
| | | $ | 528 | | | | | $ | 848 | | |
| | |
Useful Life
(in months) |
| |
Gross
|
| |
Accumulated
Amortization |
| |
Net
|
| ||||||||||||
As of December 31, 2020 | | | | | | | | | | | | | | | | | | | | | | | | | |
Technology
|
| | | | 60 | | | | | $ | 1,574 | | | | | $ | (52) | | | | | $ | 1,522 | | |
Tradename
|
| | | | 60 | | | | | | 1,400 | | | | | | (47) | | | | | | 1,353 | | |
Other
|
| | | | 84 | | | | | | 168 | | | | | | (102) | | | | | | 66 | | |
| | | | | | | | | | $ | 3,142 | | | | | $ | (201) | | | | | $ | 2,941 | | |
| | |
Useful Life
(in months) |
| |
Gross
|
| |
Accumulated
Amortization |
| |
Net
|
| ||||||||||||
As of December 31, 2021 | | | | | | | | | | | | | | | | | | | | | | | | | |
Technology
|
| | | | 60 | | | | | $ | 1,574 | | | | | $ | (366) | | | | | $ | 1,208 | | |
Tradename
|
| | | | 60 | | | | | | 1,400 | | | | | | (327) | | | | | | 1,073 | | |
Other
|
| | | | 84 | | | | | | 168 | | | | | | (126) | | | | | | 42 | | |
| | | | | | | | | | $ | 3,142 | | | | | $ | (819) | | | | | $ | 2,323 | | |
|
| | |
USD
|
| |||
2022
|
| | | $ | 619 | | |
2023
|
| | | | 613 | | |
2024
|
| | | | 595 | | |
2025
|
| | | | 496 | | |
| | | | $ | 2,323 | | |
| | |
December 31,
2021 |
| |
December 31,
2020 |
| ||||||
傢俱、固定裝置和設備
|
| | | $ | 1,193 | | | | | $ | 1,364 | | |
Automobile
|
| | | | 533 | | | | | | 2,163 | | |
Automobile for lease
|
| | | | 3,046 | | | | | | 3,030 | | |
租賃改進
|
| | | | 77 | | | | | | 394 | | |
施工中
|
| | | | 300 | | | | | | 248 | | |
| | | | | 5,149 | | | | | | 7,199 | | |
減去:累計折舊
|
| | | | (2,944) | | | | | | (4,433) | | |
| | | | $ | 2,205 | | | | | $ | 2,766 | | |
| | |
December 31,
2021 |
| |
December 31,
2020 |
| ||||||
長期借款的當期部分
|
| | | $ | 10 | | | | | $ | 22 | | |
不包括當期部分的長期借款
|
| | | | 756 | | | | | | 183 | | |
長期借款總額
|
| | | $ | 766 | | | | | $ | 205 | | |
| | |
USD
|
| |||
截至12月31日的年度 | | | | | | | |
2022
|
| | | $ | 10 | | |
2023
|
| | | | 13 | | |
2024
|
| | | | 13 | | |
2025
|
| | | | 4 | | |
2026
|
| | | | 589 | | |
Thereafter
|
| | | | 137 | | |
| | | | $ | 766 | | |
|
Expected term
|
| |
6.25 years
|
|
|
Risk-free interest rate
|
| |
1.36% – 1.52%
|
|
|
Expected volatility
|
| |
64.40% – 87.73%
|
|
|
Expected dividend yield . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| |
0%
|
|
| | |
Time-based Options
|
| |||||||||
| | |
Shares
|
| |
Weighted
Average Exercise Price Per Share |
| |
Weighted-Average
Remaining Contractual Term |
| |
Aggregate
Intrinsic Value ($000) |
|
Outstanding as of December 31, 2020
|
| |
—
|
| |
$ —
|
| |
—
|
| |
—
|
|
Granted
|
| |
2,040,500
|
| |
1.72
|
| |
—
|
| |
—
|
|
Vested
|
| |
—
|
| |
—
|
| |
—
|
| |
—
|
|
Forfeited
|
| |
(354,000)
|
| |
1.72
|
| |
—
|
| |
—
|
|
Outstanding as of December 31, 2021
|
| |
1,686,500
|
| |
1.72
|
| |
9.45 years
|
| |
2,091
|
|
Exercisable as of December 31, 2021
|
| |
—
|
| |
—
|
| |
—
|
| |
—
|
|
Non-vested as of December 31, 2021
|
| |
1,686,500
|
| |
1.72
|
| |
9.45 years
|
| |
2,091
|
|
| | |
Successor
|
| |||||||||
| | |
2021
|
| |
2020
|
| ||||||
Current tax: | | | | | | | | | | | | | |
Federal tax
|
| | |
$
|
—
|
| | | | $ | — | | |
State tax
|
| | | | 11 | | | | | | 2 | | |
Total current tax
|
| | | $ | 11 | | | | | $ | 2 | | |
Deferred tax: | | | | | | | | | | | | | |
Federal tax
|
| | | $ | — | | | | | $ | — | | |
State tax
|
| | | | — | | | | | | — | | |
Total deferred tax
|
| | | $ | — | | | | | $ | — | | |
所得税撥備總額
|
| | | $ | 11 | | | | | $ | 2 | | |
| | |
Successor
|
| |||||||||
| | |
2021
|
| |
2020
|
| ||||||
按美國聯邦法定税率計提所得税撥備
|
| | | | 21.00% | | | | | | 21.00% | | |
扣除聯邦福利後的州税
|
| | | | 8.36% | | | | | | 6.87% | | |
不可扣除的費用
|
| | | | (1.34)% | | | | | | (0.04)% | | |
Credits and Incentives
|
| | | | 5.80% | | | | | | —% | | |
估值免税額變動
|
| | | | (33.90)% | | | | | | (27.96)% | | |
| | | | | (0.08)% | | | | | | (0.13)% | | |
| | |
2021
|
| |
2020
|
| ||||||
Deferred tax assets: | | | | | | | | | | | | | |
營業淨虧損結轉
|
| | | $ | 4,370 | | | | | $ | 378 | | |
Credits and Incentives
|
| | | | 1,174 | | | | | | — | | |
Accruals and reserves
|
| | | | 197 | | | | | | — | | |
Property and equipment
|
| | | | (415) | | | | | | (46) | | |
遞延税項總資產
|
| | | | 5,326 | | | | | | 332 | | |
Valuation allowance
|
| | | | (5,326) | | | | | | (332) | | |
遞延税金資產總額
|
| | | $ | — | | | | | $ | — | | |
| | |
Operating
Leases |
| |||
Year ending December 31, | | | | | | | |
2022
|
| | | $ | 483 | | |
2023
|
| | | | 494 | | |
2024
|
| | | | 506 | | |
2025
|
| | | | 518 | | |
Thereafter
|
| | | | 665 | | |
最低租金總額
|
| | | $ | 2,666 | | |
| | |
June 30,
2022 |
| |
December 31,
2021 |
| ||||||
| | |
(Unaudited)
|
| | | | | | | |||
Assets | | | | | | | | | | | | | |
Current assets | | | | | | | | | | | | | |
現金和現金等價物
|
| | | $ | 7,764 | | | | | $ | 2,683 | | |
Accounts receivable, net
|
| | | | 1,250 | | | | | | 1,201 | | |
Inventories
|
| | | | 3,796 | | | | | | 2,225 | | |
預付費用和其他流動資產
|
| | | | 3,741 | | | | | | 528 | | |
Total current assets
|
| | | | 16,551 | | | | | | 6,637 | | |
受限現金、非流動現金
|
| | | | 250 | | | | | | — | | |
財產和設備,淨額
|
| | | | 1,484 | | | | | | 2,205 | | |
Intangible assets, net
|
| | | | 2,014 | | | | | | 2,323 | | |
Goodwill
|
| | | | 4,271 | | | | | | 4,271 | | |
Total assets
|
| | | $ | 24,570 | | | | | $ | 15,436 | | |
Liabilities | | | | | | | | | | | | | |
流動負債 | | | | | | | | | | | | | |
Accounts payable
|
| | | $ | 2,353 | | | | | $ | 1,786 | | |
Accrued liabilities
|
| | | | 880 | | | | | | 779 | | |
Advance from customers
|
| | | | 794 | | | | | | 803 | | |
Deferred revenue
|
| | | | 487 | | | | | | 714 | | |
Warranty reserve
|
| | | | 340 | | | | | | 360 | | |
長期借款,當期部分
|
| | | | 10 | | | | | | 10 | | |
流動負債總額
|
| | | | 4,864 | | | | | | 4,452 | | |
Long-term borrowings
|
| | | | 165 | | | | | | 756 | | |
Total liabilities
|
| | | | 5,029 | | | | | | 5,208 | | |
承付款和或有事項(附註10) | | | | | | | | | | | | | |
Equity | | | | | | | | | | | | | |
截至2022年6月30日和2021年12月31日,普通股,面值0.0004美元,授權股份4.5億股,已發行和已發行股份分別為19,600,000股和17,500,000股*
|
| | | | 8 | | | | | | 7 | | |
應收訂閲款
|
| | | | — | | | | | | (7) | | |
額外實收資本
|
| | | | 39,637 | | | | | | 26,085 | | |
Accumulated deficit
|
| | | | (20,104) | | | | | | (15,857) | | |
Total equity
|
| | | | 19,541 | | | | | | 10,228 | | |
負債和權益合計
|
| | | $ | 24,570 | | | | | $ | 15,436 | | |
| | |
Three Months Ended
|
| |
Six Months Ended
|
| ||||||||||||||||||
| | |
June 30, 2022
|
| |
June 30, 2021
|
| |
June 30, 2022
|
| |
June 30, 2021
|
| ||||||||||||
Revenues
|
| | | $ | 1,499 | | | | | $ | 653 | | | | | $ | 2,170 | | | | | $ | 1,126 | | |
Cost of revenues
|
| | | | 1,174 | | | | | | 812 | | | | | | 1,725 | | | | | | 1,233 | | |
Gross profit (loss)
|
| | | | 325 | | | | | | (159) | | | | | | 445 | | | | | | (107) | | |
Operating expenses: | | | | | | | | | | | | | | | | | | | | | | | | | |
銷售、一般和行政管理
|
| | | | 2,290 | | | | | | 2,142 | | | | | | 5,313 | | | | | | 4,099 | | |
Operating loss
|
| | | | (1,965) | | | | | | (2,301) | | | | | | (4,868) | | | | | | (4,206) | | |
Other income (expense): | | | | | | | | | | | | | | | | | | | | | | | | | |
利息(費用)收入,淨額
|
| | | | (2) | | | | | | 1 | | | | | | (4) | | | | | | 2 | | |
Others
|
| | | | 54 | | | | | | — | | | | | | 639 | | | | | | — | | |
Total other income, net
|
| | | | 52 | | | | | | — | | | | | | 635 | | | | | | 2 | | |
Loss before income taxes
|
| | | | (1,913) | | | | | | (2,300) | | | | | | (4,233) | | | | | | (4,204) | | |
Income tax provision
|
| | | | (12) | | | | | | (1) | | | | | | (14) | | | | | | (3) | | |
Net loss
|
| | | $ | (1,925) | | | | | $ | (2,301) | | | | | $ | (4,247) | | | | | $ | (4,207) | | |
普通股每股淨虧損: | | | | | | | | | | | | | | | | | | | | | | | | | |
Basic and Diluted
|
| | | $ | (0.11) | | | | | $ | (0.13) | | | | | $ | (0.24) | | | | | | (0.24) | | |
加權平均流通股*
|
| | | | 17,984,615 | | | | | | 17,500,000 | | | | | | 17,740,984 | | | | | | 17,500,000 | | |
| | |
Common Stock
|
| |
Subscription
Receivable |
| |
Additional
Paid-In Capital |
| |
Accumulated
Deficit |
| |
Total
Stockholders Equity |
| | |||||||||||||||||||||||
| | |
Shares
|
| |
Amount
|
| | ||||||||||||||||||||||||||||||||
Balance as of January 1, 2021
|
| | | | 17,500,000 | | | | | $ | 7 | | | | | $ | (7) | | | | | $ | 26,033 | | | | | $ | (1,243) | | | | | $ | 24,790 | | | | ||
Net loss
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | (1,906) | | | | | | (1,906) | | | | ||
股票薪酬
|
| | | | | | | | | | | | | | | | | | | | | | 44 | | | | | | | | | | | | 44 | | | | ||
Balance as of March 31, 2021
|
| | | | 17,500,000 | | | | | $ | 7 | | | | | $ | (7) | | | | | $ | 26,077 | | | | | $ | (3,149) | | | | | $ | 22,928 | | | | ||
Net loss
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | (2,301) | | | | | | (2,301) | | | | ||
股票薪酬
|
| | | | | | | | | | | | | | | | | | | | | | 1 | | | | | | | | | | | | 1 | | | | ||
Balance as of June 30, 2021
|
| | | | 17,500,000 | | | | | $ | 7 | | | | | $ | (7) | | | | | $ | 26,078 | | | | | $ | (5,450) | | | | | $ | 20,628 | | | | ||
Balance as of January 1, 2022
|
| | | | 17,500,000 | | | | | $ | 7 | | | | | | (7) | | | | | | 26,085 | | | | | | (15,857) | | | | | | 10,228 | | | | ||
Net loss
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | (2,322) | | | | | | (2,322) | | | | ||
股票薪酬
|
| | | | | | | | | | | | | | | | | | | | | | 63 | | | | | | | | | | | | 63 | | | | ||
Balance as of March 31, 2022
|
| | | | 17,500,000 | | | | | $ | 7 | | | | | | (7) | | | | | | 26,148 | | | | | | (18,179) | | | | | | 7,969 | | | | | |
Net loss
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | (1,925) | | | | | | (1,925) | | | | ||
股票薪酬
|
| | | | | | | | | | | | | | | | | | | | | | 52 | | | | | | | | | | | | 52 | | | | ||
應收訂閲收據
|
| | | | | | | | | | | | | | | | 7 | | | | | | | | | | | | | | | | | | 7 | | | | ||
首次發行普通股
public offering (“IPO”) |
| | | | 2,100,000 | | | | | | 1 | | | | | | | | | | | | 13,437 | | | | | | | | | | | | 13,438 | | | | ||
Balance as of June 30, 2022
|
| | | | 19,600,000 | | | | | $ | 8 | | | | | | — | | | | | | 39,637 | | | | | | (20,104) | | | | | | 19,541 | | | |
| | |
Six months ended June 30,
|
| |||||||||
| | |
2022
|
| |
2021
|
| ||||||
經營活動現金流: | | | | | | | | | | | | | |
Net loss
|
| | | | (4,247) | | | | | | (4,207) | | |
將淨虧損與經營活動中使用的現金進行調整:
|
| | | | | | | | | | | | |
折舊及攤銷
|
| | | | 855 | | | | | | 862 | | |
處置固定資產收益
|
| | | | (54) | | | | | | — | | |
Forgiveness of PPP loan
|
| | | | (586) | | | | | | — | | |
基於股票的薪酬費用
|
| | | | 115 | | | | | | 45 | | |
經營性資產和負債變動:
|
| | | | | | | | | | | | |
Accounts receivable
|
| | | | (49) | | | | | | (235) | | |
Inventories
|
| | | | (1,607) | | | | | | (289) | | |
預付費用和其他資產
|
| | | | (3,213) | | | | | | (2,477) | | |
Accounts payable
|
| | | | 567 | | | | | | 199 | | |
Accrued liabilities
|
| | | | 101 | | | | | | 81 | | |
Warranty reserve
|
| | | | (20) | | | | | | (85) | | |
Deferred revenue
|
| | | | (227) | | | | | | (138) | | |
Advance from customer
|
| | | | (9) | | | | | | 25 | | |
經營活動中使用的淨現金
|
| | | | (8,374) | | | | | | (6,219) | | |
投資活動現金流:
|
| | | | | | | | | | | | |
處置固定資產收益
|
| | | | 273 | | | | | | — | | |
購置房產、廠房和設備
|
| | | | (8) | | | | | | (458) | | |
投資活動產生(用於)的淨現金
|
| | | | 265 | | | | | | (458) | | |
融資活動的現金流:
|
| | | | | | | | | | | | |
借款收益
|
| | | | — | | | | | | 586 | | |
關聯方收益
|
| | | | 1,676 | | | | | | — | | |
償還關聯方款項
|
| | | | (1,676) | | | | | | — | | |
償還借款
|
| | | | (5) | | | | | | (8) | | |
Proceeds from IPO
|
| | | | 13,438 | | | | | | — | | |
股東注資所得收益
|
| | | | 7 | | | | | | — | | |
融資活動產生的淨現金
|
| | | | 13,440 | | | | | | 578 | | |
現金、現金等價物和受限現金增加(減少)
|
| | | | 5,331 | | | | | | (6,099) | | |
期初現金、現金等價物和限制性現金
|
| | | | 2,683 | | | | | | 15,699 | | |
期末現金、現金等價物和限制性現金
|
| | | | 8,014 | | | | | | 9,600 | | |
對合並資產負債表中的現金、現金等價物和限制性現金進行對賬
|
| | | | | | | | | | | | |
現金和現金等價物
|
| | | | 7,764 | | | | | | 9,600 | | |
Restricted cash
|
| | | | 250 | | | | | | — | | |
現金總額、現金等價物和受限現金
|
| | | | 8,014 | | | | | | 9,600 | | |
補充現金流信息:
|
| | | | | | | | | | | | |
Interest paid
|
| | | | — | | | | | | — | | |
Income tax paid
|
| | | | 3 | | | | | | 3 | | |
非現金投資活動:
|
| | | | | | | | | | | | |
已轉入物業和設備的庫存
|
| | | | 36 | | | | | | — | | |
| | |
Three Months Ended
|
| |
Six Months Ended
|
| ||||||||||||||||||
| | |
June 30,
2022 |
| |
June 30,
2021 |
| |
June 30,
2022 |
| |
June 30,
2021 |
| ||||||||||||
| | |
(Unaudited)
|
| |||||||||||||||||||||
Sales of EVs
|
| | | $ | 400 | | | | | $ | 378 | | | | | $ | 788 | | | | | $ | 613 | | |
Lease of EVs
|
| | | | 137 | | | | | | 151 | | | | | | 275 | | | | | | 300 | | |
Sales of Forklifts
|
| | | | 741 | | | | | | — | | | | | | 741 | | | | | | — | | |
Others
|
| | | | 221 | | | | | | 124 | | | | | | 366 | | | | | | 213 | | |
| | | | $ | 1,499 | | | | | $ | 653 | | | | | $ | 2,170 | | | | | $ | 1,126 | | |
| | |
June 30,
2022 |
| |
December 31,
2021 |
| ||||||
| | |
(unaudited)
|
| | | | | | | |||
Accounts receivable
|
| | | $ | 1,285 | | | | | $ | 1,236 | | |
減去:壞賬準備
|
| | | | (35) | | | | | | (35) | | |
Accounts receivable, net
|
| | | $ | 1,250 | | | | | $ | 1,201 | | |
| | |
June 30,
2022 |
| |
December 31,
2021 |
| ||||||
| | |
(unaudited)
|
| | | | | | | |||
Raw materials
|
| | | $ | 1,351 | | | | | $ | 924 | | |
Work in process
|
| | | | 692 | | | | | | 582 | | |
Finished goods
|
| | | | 1,753 | | | | | | 719 | | |
Total inventories
|
| | | $ | 3,796 | | | | | $ | 2,225 | | |
| | |
June 30,
2022 |
| |
December 31,
2021 |
| ||||||
| | |
(unaudited)
|
| | | | | | | |||
Vendor deposits
|
| | | $ | 1,086 | | | | | $ | 267 | | |
Prepaid insurance
|
| | | | 449 | | | | | | 144 | | |
Prepaid expenses
|
| | | | 2,149 | | | | | | 41 | | |
Others
|
| | | | 57 | | | | | | 76 | | |
預付總資產和其他流動資產
|
| | | $ | 3,741 | | | | | $ | 528 | | |
| | |
Operating Leases
|
| |||
| | |
(In thousands)
|
| |||
Six months ending December 31, 2022
|
| | | $ | 379 | | |
Year ending December 31, | | | | | | | |
2023
|
| | | | 942 | | |
2024
|
| | | | 981 | | |
2025
|
| | | | 1,021 | | |
2026
|
| | | | 1,064 | | |
Thereafter
|
| | | | 520 | | |
最低租金總額
|
| | | $ | 4,907 | | |
| | |
Amount
|
| |||
美國證券交易委員會註冊費
|
| | | $ | | | |
納斯達克資本市場上市費
|
| | | | | | |
會計師手續費和費用
|
| | | | | | |
Legal fees and expenses
|
| | | | | | |
印刷費和雕刻費
|
| | | | | | |
Miscellaneous
|
| | | | | | |
Total expenses
|
| | | $ | | | |
| 1.1 | | | 配售代理協議格式* | |
| 3.1 | | | 修改後的註冊人註冊證書* | |
| 3.2 | | | 菲尼克斯汽車公司修改證書* | |
| 3.3 | | | 註冊人章程* | |
| 3.4 | | | 修改後的菲尼克斯汽車公司註冊證書* | |
| 3.5 | | | 修改後的菲尼克斯汽車公司註冊證書第二次修改證書,日期為2022年3月8日。* | |
| 3.6 | | | 鳳凰汽車公司註冊證書第三次修訂證書日期為2022年4月29日。* | |
| 3.7 | | |
修改後的公司註冊證書第二修正案更正證書*
|
|
| 4.1 | | | 普通股證書格式* | |
| 4.2 | | | 配售代理授權書表格* | |
| 4.3 | | | 本公司與小峯鵬於2021年1月24日簽訂的股票期權協議。* | |
| 5.1 | | | Loeb&Loeb LLP對合法性的意見* | |
| 10.1 | | | 鳳凰汽車股份有限公司股權激勵計劃* | |
| 10.2 | | | 菲尼克斯汽車公司股票期權激勵協議表格* | |
| 10.3 | | | 周良蘭博士與鳳凰汽車有限責任公司簽訂的僱傭協議日期為2022年3月21日* | |
| 10.4 | | | 克里斯·王與鳳凰汽車有限公司簽訂的僱傭協議,日期為2021年11月4日* | |
| 10.5 | | | 羅納德·亞科貝利與鳳凰汽車有限責任公司簽訂的僱傭協議,日期為2021年10月7日* | |
| 10.6 | | | Tarek Helou與鳳凰汽車有限責任公司簽訂的僱傭協議,日期為2016年8月16日* | |
| 10.7 | | | 何塞·保羅·普拉卡爾與菲尼克斯汽車有限責任公司簽訂的僱傭協議,日期為2021年9月27日* | |
| 10.8 | | |
Tony X.周與鳳凰汽車有限公司簽訂的僱傭協議,日期為2021年11月22日*
|
|
| 10.9 | | | 沈燦“埃德蒙”與鳳凰汽車有限責任公司簽訂的僱傭協議,日期為2021年1月11日* | |
| 10.10 | | | 約翰·F·佩爾科夫斯基與鳳凰汽車公司於2021年7月19日簽署的獨立董事協議* | |
| 10.11 | | | 山姆·範與鳳凰汽車公司於2021年8月1日簽署的獨立董事協議* | |
| 10.12 | | | 傅振興與鳳凰汽車公司簽署的獨立董事協議日期為2021年11月23日* | |
| 10.13 | | | 史蒂夫·斯蒂弗斯與鳳凰汽車公司簽署的獨立董事協議,日期為2021年11月24日* | |
| 10.14 | | | PMC與CBS於2019年2月22日簽訂的經銷協議* | |
| 10.15 | | | 南加州機場零排放班車運輸工作説明書和付款時間表* | |
| 10.16 | | | 菲尼克斯汽車公司和羅密歐系統公司於2020年9月8日簽訂的產品供應主協議* | |
| 10.17 | | | 菲尼克斯汽車公司和羅密歐系統公司於2020年9月4日簽訂的服務級別協議* | |
| 10.18 | | | 菲尼克斯汽車有限責任公司與NMNC集團於2021年6月24日簽訂的轉租協議* | |
| 10.19 | | | SBA EIDL貸款協議日期為2020年5月26日* | |
| 10.20 | | | PPP Loan Agreement dated Jan 21, 2021* | |
| 10.21 | | | 給供應商的採購訂單樣本* | |
| 10.22 | | | 賠償託管協議格式* | |
| 10.23 | | | 陽光動力有限公司與鳳凰汽車公司的公司間貸款協議日期為2022年1月20日* | |
| 14.1 | | | 適用於董事、高級管理人員和員工的《菲尼克斯汽車公司道德守則》* | |
| 21.1 | | | 註冊人的子公司* | |
| 23.1 | | | Marcum Asia CPAS LLP同意** | |
| 23.2 | | | Loeb&Loeb LLP同意(見附件5.1)* | |
| 24.1 | | | 授權書(包括在簽名頁上)* | |
| 99.1 | | | 審計委員會章程格式* | |
| 99.2 | | | 薪酬委員會章程格式* | |
| 99.3 | | | 約翰·F·佩爾科夫斯基同意將其命名為董事* | |
| 99.4 | | | 山姆·範同意被命名為董事* | |
| 99.5 | | | 傅振星同意將其命名為董事* | |
| 99.6 | | | 史蒂文·E·斯蒂弗斯同意命名為董事* | |
| 99.7 | | | 提名和公司治理委員會章程* | |
|
107
|
| | Filing Fee Table*** | |
| | | | PHOENIX MOTOR INC. | | ||||||
| | | | By: | | |
|
| |||
| | | | | | | Name: | | | Liang Lance Zhou | |
| | | | | | | Title: | | |
首席執行官
(首席執行官) |
|
|
Signature
|
| |
Title
|
| |
Date
|
|
|
/s/
Liang Lance Zhou
|
| | 首席執行官和董事(首席執行官) | | | , 2022 | |
|
/s/
Chris Wang
|
| |
首席財務官
(首席財務會計官) |
| | , 2022 | |
|
/s/
Tarek Helou
|
| | 首席運營官 | | | , 2022 | |
|
/s/
Denton Peng
|
| | 董事長兼董事 | | | , 2022 | |
|
/s/
HoongKhoeng Cheong
|
| | Director | | | , 2022 | |