v3.24.3

Net Income (Loss) per Share - Schedule of Reconciliation of the Basic and Diluted Net Loss Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands

3 Months Ended

9 Months Ended

Sep. 30, 2024

Jun. 30, 2024

Mar. 31, 2024

Sep. 30, 2023

Jun. 30, 2023

Mar. 31, 2023

Sep. 30, 2024

Sep. 30, 2023

Numerator:

Net Income (loss) attributable to Canoo

$ 3,258

$ (4,960)

$ (110,687)

$ (111,974)

$ (70,870)

$ (90,732)

$ (112,389)

$ (273,576)

Less: dividends on redeemable preferred stock

1,235

3,174

Net income (loss) available to common shareholders - Basic

2,023

(111,974)

(115,563)

(273,576)

Net loss assuming share settlement of instruments

(30,689)

Net loss available to common shareholders - diluted

$ (28,666)

$ 0

Weighted-average common shares outstanding:

Basic (in shares)

^[1]

79,395

27,012

66,645

22,430

Assumed settlement of instruments into common shares (in shares)

13,609

Diluted (in shares)

^[1]

93,004

27,012

66,645

22,430

Net income (loss) per common share:

Basic EPS (in dollars per share)

^[1]

$ 0.03

$ (4.15)

$ (1.73)

$ (12.20)

Diluted EPS (in dollars per share)

^[1]

$ (0.31)

$ (4.15)

$ (1.73)

$ (12.20)

[1]	Periods presented have been adjusted to reflect the 1-for-23 reverse stock split on March 8, 2024. See Note 1- Organization and Basis of Presentation - Reverse Stock Split, for additional information.

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