LiveWire (LVWR) POS AM 19 Apr 23 Prospectus update (post-effective amendment) Financial data

Cover Page

Cover Page	12 Months Ended
	Dec. 31, 2022
Document Information
Document Type	POS AM
Entity Registrant Name	LiveWire Group, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	87-4730333
Entity Address, Address Line One	3700 West Juneau Avenue
Entity Address, City or Town	Milwaukee
Entity Address, State or Province	WI
Entity Address, Postal Zip Code	53208
City Area Code	650
Local Phone Number	447-8424
Entity Filer Category	Non-accelerated Filer
Entity Emerging Growth Company	true
Entity Small Business	false
Entity Ex Transition Period	false
Entity Central Index Key	0001898795
Amendment Flag	true
Entity Primary SIC Number	3751
Amendment Description	The original registration statement (the “Existing Registration Statement”) of LiveWire Group, Inc. (“LiveWire”) on Form S-1 (File No. 333-268003) declared effective by the Securities and Exchange Commission (the “SEC”) on December 16, 2022, to which this Registration Statement is a Post-Effective Amendment No. 2 (this “Registration Statement”), covered the issuance by LiveWire of up to 30,499,990 shares of common stock, par value $0.0001 per share (the “Common Stock”), which consisted of (i) 19,999,990 shares of Common Stock that are issuable upon the exercise of 19,999,990 public warrants (the “Public Warrants”), originally issued by AEA-Bridges Impact Corp., a Delaware corporation (“ABIC”) as part of its initial public offering (“IPO”) of units at a price of $10.00 per unit, with each unit consisting of one share of ABIC Class A common stock and one-half of one warrant and (ii) up to 10,500,000 shares of Common Stock that are issuable upon the exercise of 10,500,000 warrants (the “Private Placement Warrants” and, together with the Public Warrants, the “Warrants”) originally issued in a private placement at a price of $1.00 per Private Placement Warrant in connection with the IPO of ABIC, by the holders thereof. Each Warrant entitles the holder thereof to purchase one share of our Common Stock at a price of $11.50 per share. The Existing Registration Statement also covered the offer and resale from time to time by the selling securityholders (including their transferees, donees, pledgees and other successors-in-interest) named in this prospectus (the “Selling Securityholders”) of (1) up to 225,750,000 shares of Common Stock (the “Total Resale Shares”), which consisted of (i) 161,000,000 shares of Common Stock issued in connection with the Merger (as defined below) at an equity consideration value of $10.00 per share by the Legacy LiveWire Equityholder (as defined below), (ii) up to 20,000,000 shares of Common Stock issued in the PIPE Investments (as defined below) at a price of $10.00 per share by certain of the Selling Securityholders, (iii) up to of 10,000,000 shares of Common Stock issued in the HD Backstop (as defined below) at a price of $10.00 per share by the Legacy LiveWire Equityholder, (iv) up to 2,500,000 shares of Common Stock held by John Garcia, which were originally purchased at a price of $10.00 per unit in connection with the IPO, (v) up to 12,500,000 shares of Common Stock (“Earn-Out Shares”) that the Legacy LiveWire Equityholder has the contingent right to receive upon the achievement of certain stock price- based vesting considerations described herein as merger consideration (at an equity consideration value of $10.00 per share), (vi) up to 8,000,000 shares of Common Stock originally issued to the Sponsor (as defined below) in the form of founder shares at a price of approximately $0.003 per share (the “Founder Shares”) and (vii) up to 11,750,000 shares of Common Stock compromised of (a) 10,500,000 shares of Common Stock that are issuable upon the exercise of the outstanding Private Placement Warrants at an exercise price of $11.50 per share, originally issued in a private placement at a price of $1.00 per Private Placement Warrant in connection with the IPO of ABIC, by the holders thereof and (b) 1,250,000 shares of Common Stock issuable upon the exercise of the Public Warrants at an exercise price of $11.50 per share, originally issued by ABIC at a price of $10.00 per unit to John Garcia as part of its IPO of units. This Post-Effective Amendment No. 2 to the Existing Registration Statement contains an updated prospectus relating to the offering and sale of the securities registered by the Existing Registration Statement. All filing fees payable in connection with the registration of the securities covered by this Registration Statement were paid by the Registrant at the time of the initial filing of the Existing Registration Statement. No additional securities are registered hereby.
Business Contact [Member]
Document Information
Entity Address, Address Line One	3700 West Juneau Avenue
Entity Address, City or Town	Milwaukee
Entity Address, State or Province	WI
Entity Address, Postal Zip Code	53208
Contact Personnel Name	Amanda Parker

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenues [Abstract]
Revenue, net	$ 46,833	$ 35,806	$ 30,863
Costs and expenses:
Cost of goods sold	43,929	38,380	55,819
Selling, administrative and engineering expense	87,859	65,608	52,099
Total costs and expenses	131,788	103,988	107,918
Operating loss	(84,955)	(68,182)	(77,055)
Other income (expense), net	235	302	(30)
Interest expense related party	(475)	(293)	(186)
Interest income	1,191	19	56
Change in fair value of warrant liabilities	5,033	0	0
Loss before income taxes	(78,971)	(68,154)	(77,215)
Income tax (benefit) provision	(33)	138	357
Net loss	(78,938)	(68,292)	(77,572)
Other comprehensive loss:
Foreign currency translation adjustments	(145)	(85)	236
Comprehensive loss	$ (79,083)	$ (68,377)	$ (77,336)
Net loss per share, basic (in dollars per share)	$ (0.46)	$ (0.42)	$ (0.48)
Net loss per share, diluted (in dollars per share)	$ (0.46)	$ (0.42)	$ (0.48)

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 265,240	$ 2,668
Accounts receivable, net	2,325	6,772
Accounts receivable from related party	525	124
Inventories, net	29,215	16,797
Other current assets	4,625	3,556
Total current assets	301,930	29,917
Property, plant and equipment, net	31,567	17,894
Goodwill	8,327	8,327
Deferred tax assets	0	72
Lease assets	3,128	3,471
Intangible assets, net	1,809	2,271
Other long-term assets	5,044	0
Total assets	351,805	61,952
Current liabilities:
Accounts payable	7,055	9,011
Accounts payable to related party	5,733	0
Accrued liabilities	20,343	15,574
Current portion of contingent consideration liability	0	2,180
Current portion of notes payable to related party	0	103
Current portion of lease liabilities	1,312	1,146
Total current liabilities	34,443	28,014
Long-term supplier liability	0	5,330
Long-term portion of lease liabilities	1,913	2,423
Deferred tax liabilities	15	186
Long-term portion of notes payable to related party	0	5,699
Warrant liabilities	8,388	0
Other long-term liabilities	246	375
Total liabilities	45,005	42,027
Commitments and contingencies (Note 14)
Shareholders' equity:
Preferred Stock, $0.0001 par value; 20,000 shares authorized; no shares issued and outstanding as of December 31, 2022	0	0
Common Stock, $0.0001 par value; 800,000 shares authorized; 202,403 issued and outstanding as of December 31, 2022	20	0
Additional paid-in-capital	329,218	0
Accumulated deficit	(22,438)	0
Accumulated other comprehensive income	0	145
Net Parent company investment	0	19,780
Total shareholders' equity	306,800	19,925
Total liabilities and shareholders' equity	$ 351,805	$ 61,952

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical)	Dec. 31, 2022 $ / shares shares
Statement of Financial Position [Abstract]
Preferred stock stated value per share (in dollars per share) | $ / shares	$ 0.0001
Preferred stock shares authorized (in shares)	20,000
Preferred stock, issued (in shares)	0
Preferred stock, shares outstanding (in shares)	0
Common stock stated value per share (in dollars per share) | $ / shares	$ 0.0001
Common stock shares authorized (in shares)	800,000
Common stock, issued (in shares)	202,403
Common stock, share outstanding (in shares)	202,403

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash flows from operating activities:
Net loss	$ (78,938)	$ (68,292)	$ (77,572)
Adjustments to reconcile net loss to net cash used in operating activities
Depreciation and amortization	4,401	4,718	3,942
Change in valuation of contingent consideration liability	0	49	788
Payment of contingent consideration in excess of acquisition date fair value	(413)	(344)	(275)
Change in fair value of warrant liabilities	(5,033)	0	0
Stock compensation expense	394	786	188
Provision for doubtful accounts	145	55	4
Deferred income taxes	(125)	(22)	98
Inventory write-down	1,074	2,456	3,019
Loss on disposal of property, plant, and equipment	0	850	0
Cloud computing arrangements development costs	(4,894)	0	0
Other, net	(144)	193	725
Changes in current assets and liabilities:
Accounts receivable, net	4,156	(2,116)	(2,491)
Accounts receivable from related party	(593)	(89)	4,117
Inventories	(21,068)	1,563	(9,604)
Other current assets	(1,283)	(3,282)	24
Accounts payable and accrued liabilities	6,371	(11,064)	23,323
Accounts payable to related party	6,269	0	0
Net cash used by operating activities	(89,681)	(74,539)	(53,714)
Cash flows from investing activities:
Capital expenditures	(14,081)	(9,951)	(3,243)
Net cash used by investing activities	(14,081)	(9,951)	(3,243)
Cash flows from financing activities:
Borrowings on notes payable to related party (Note 16)	15,333	2,100	5,533
Repayment on notes payable to related party (Note 16)	0	(1,000)	(1,500)
Net proceeds from the Business Combination and PIPE Investments (Note 4)	293,717	0	0
Payment of contingent consideration up to acquisition date fair value (Note 11)	(1,767)	(1,836)	(1,905)
Transfers from Parent (Note 16)	59,051	85,493	56,176
Net cash provided by financing activities	366,334	84,757	58,304
Net increase in cash and cash equivalents	262,572	267	1,347
Cash and cash equivalents:
Cash and cash equivalents—beginning of period	2,668	2,401	1,054
Net increase in cash and cash equivalents	262,572	267	1,347
Cash and cash equivalents—end of period	$ 265,240	$ 2,668	$ 2,401

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Total	ABIC	HD Backstop	KYMCO	Common Stock	Common Stock ABIC	Common Stock HD Backstop	Common Stock KYMCO	Additional paid-in capital	Additional paid-in capital ABIC	Additional paid-in capital HD Backstop	Additional paid-in capital KYMCO	Accumulated Deficit	Accumulated other comprehensive income (loss)	Net Parent company investment
Balance, beginning at Dec. 31, 2019	$ 21,797				$ 0				$ 0				$ 0	$ (6)	$ 21,803
Balance, beginning of period (in shares) at Dec. 31, 2019					0
Increase (Decrease) in Stockholders' Equity
Net loss	(77,572)														(77,572)
Other comprehensive income (loss), net of tax	236													236
Net contribution from H-D prior to the Business Combination	57,562														57,562
Balance, ending at Dec. 31, 2020	2,023				$ 0				0				0	230	1,793
Balance, ending of period (in shares) at Dec. 31, 2020					0
Increase (Decrease) in Stockholders' Equity
Net loss	(68,292)														(68,292)
Other comprehensive income (loss), net of tax	(85)													(85)
Net contribution from H-D prior to the Business Combination	86,279														86,279
Balance, ending at Dec. 31, 2021	19,925				$ 0				0				0	145	19,780
Balance, ending of period (in shares) at Dec. 31, 2021					0
Increase (Decrease) in Stockholders' Equity
Net loss	(15,979)
Balance, ending at Mar. 27, 2022	22,897
Balance, beginning at Dec. 31, 2021	19,925				$ 0				0				0	145	19,780
Balance, beginning of period (in shares) at Dec. 31, 2021					0
Increase (Decrease) in Stockholders' Equity
Net loss	(35,557)
Balance, ending at Jun. 26, 2022	37,385
Balance, beginning at Dec. 31, 2021	19,925				$ 0				0				0	145	19,780
Balance, beginning of period (in shares) at Dec. 31, 2021					0
Increase (Decrease) in Stockholders' Equity
Net loss	(56,500)														(56,500)
Net contribution from H-D prior to the Business Combination	79,922
Balance, ending at Sep. 25, 2022	43,193
Balance, beginning at Dec. 31, 2021	19,925				$ 0				0				0	145	19,780
Balance, beginning of period (in shares) at Dec. 31, 2021					0
Increase (Decrease) in Stockholders' Equity
Net loss	(78,938)
Other comprehensive income (loss), net of tax	(154)													(154)
Net contribution from H-D prior to the Business Combination	79,922														79,922
Issuance of common stock to H-D upon separation and reclassification of Net Parent company investment, including separation adjustments	5,183				$ 16				48,360					9	(43,202)
Issuance of common stock to H-D upon separation and reclassification of Net Parent company investment, including separation adjustments (in shares)					161,000
Issuance of common stock, value		$ 430	$ 179,867	$ 100,000		$ 1	$ 2	$ 1		$ 429	$ 179,865	$ 99,999
Issuance of common stock (in shares)						11,403	20,000	10,000
Share-based compensation expense	565								565
Balance, ending at Dec. 31, 2022	$ 306,800				$ 20				329,218				(22,438)	0	0
Balance, ending of period (in shares) at Dec. 31, 2022	202,403				202,403
Balance, beginning at Mar. 27, 2022	$ 22,897
Increase (Decrease) in Stockholders' Equity
Net loss	(19,578)
Balance, ending at Jun. 26, 2022	37,385
Increase (Decrease) in Stockholders' Equity
Net loss	(20,943)
Balance, ending at Sep. 25, 2022	$ 43,193
Balance, beginning of period (in shares) at Sep. 26, 2022	202,402,888
Increase (Decrease) in Stockholders' Equity
Net loss	$ (22,438)												(22,438)
Balance, ending at Dec. 31, 2022	$ 306,800				$ 20				$ 329,218				$ (22,438)	$ 0	$ 0
Balance, ending of period (in shares) at Dec. 31, 2022	202,403				202,403

Description of Business and Bas

Description of Business and Basis of Presentation	12 Months Ended
	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business and Basis of Presentation	1. Description of Business and Basis of Presentation LiveWire Group, Inc., a Delaware corporation, and its consolidated subsidiaries are referred to in these Consolidated financial statements and notes as “we,” “our,” “us,” the “Company,” or “LiveWire.” The Company is focused on pioneering the rapidly growing two wheel electric motorcycle market. We design and sell electric motorcycles and electric balance bikes with related electric motorcycle parts, accessories, and apparel. LiveWire was a direct, wholly owned subsidiary of AEA-Bridges On September 26, 2022, the Company consummated a previously announced business combination pursuant to a business combination agreement, dated as of December 12, 2021 (the “Business Combination Agreement”), by and among ABIC, LiveWire Group Inc., (formerly known as LW EV Holdings, Inc.), LW EV Merger Sub, Inc., a Delaware corporation (“Merger Sub”), Harley-Davidson, Inc., a Wisconsin corporation (H-D), H-D. Pursuant to the terms of the Business Combination Agreement: (a) on September 23, 2022, ABIC migrated to and domesticated as a Delaware corporation (“Domesticated ABIC”) (the “Domestication”), in connection with which all of the ABIC’s (i) outstanding ordinary shares were converted, on a one-for-one one-for-one one-half H-D H-D H-D H-D, “Earn-Out Holders of 36,597,112 of ABIC’s Class A Ordinary Shares sold in its initial public offering (the “Initial Shares”) properly exercised their right to have such shares redeemed for a full pro rata portion of the trust account holding the proceeds from ABIC’s initial public offering, calculated as of two business days prior to the consummation of the Business Combination, which was approximately $10.06 per share, or $368.1 million in the aggregate. An aggregate of $368.1 million was paid from the ABIC’s trust account to holders who properly exercised their right to have their Initial Shares redeemed, and the remaining balance immediately prior to the Closing of approximately $34 million remained in the trust account and was used to fund the Business Combination. In connection with the Business Combination, the AEA-Bridges Pursuant to investment agreements entered into in connection with the Business Combination Agreement, Kwang Yang Motor Co., Ltd., KYMCO Capital Fund I Co., Ltd., SunBright Investment Co., Ltd., CycleLoop Co., Ltd. and Kwang Yang Holdings Limited (collectively, “KYMCO Group”) agreed to subscribe for an aggregate of 10,000,000 newly-issued shares of Common Stock at a purchase price of $10.00 per share for an aggregate purchase price of $100 million (the “KYMCO PIPE Investment”). Pursuant to the Business Combination Agreement, and an investment agreement entered into prior to the Closing, the Legacy LiveWire Equityholder agreed to subscribe for an aggregate of 10,000,000 newly-issued shares of Common Stock at a purchase price of $10.00 per share for an aggregate purchase price of $100 million (the “Legacy LiveWire Equityholder PIPE Investment” and, together with the KYMCO PIPE Investment, the “PIPE Investments”). At the closing of the Business Combination, LiveWire consummated the PIPE Investments. Pursuant to the Business Combination Agreement, H-D H-D “H-D H-D H-D After giving effect to the Business Combination, the redemption of Initial Shares as described above, the issuance of the H-D The Business Combination was accounted for as a reverse recapitalization. See Note 4, Business Combination, for more information. Throughout the notes to the Consolidated financial statements, unless otherwise noted, the “Company,” “we,” “us” or “our” and similar terms refer to Legacy LiveWire and its subsidiaries prior to the consummation of the Business Combination, and LiveWire and its subsidiaries after the consummation of the Business Combination. References to ABIC refer to the SPAC entity prior to consummation of the Business Combination. Operating results for the periods presented prior to the consummation of the Business Combination represent those of Legacy LiveWire. Subsequent to the Business Combination, based upon management reporting changes, including reviewing the financial information of the Electric Motorcycles and STACYC businesses separately, the Company assessed that it has two reportable segments: LiveWire Electric Motorcycles (“Electric Motorcycles”) and STACYC. The Company’s reportable segments are strategic business units that offer different products and services and are managed separately based on the fundamental differences in their operations. The Electric Motorcycles segment primarily focuses on the designing and selling of electric motorcycles and also sells motorcycle parts, accessories, and apparel. Electric Motorcycles are sold at wholesale to a network of independent dealers and at retail through a Company-owned dealer and through online sales. The STACYC segment primarily focuses on the designing and selling of electric balance bike for kids. The STACYC segment products are sold at wholesale to independent dealers and independent distributors, as well as direct to consumers online. Basis of Presentation On September 26, 2022, the Company consummated the Separation and Business Combination and became a standalone publicly traded company, and its financial statements are now presented on a Consolidated basis. Prior to the Separation and Business Combination on September 26, 2022, the Company’s historical combined financial statements were prepared on a standalone carve-out H-D’s Periods prior to the Separation Prior to the Separation, the Company’s financial information is presented as consolidated carve-out H-D, Management of the Company believes assumptions underlying the historical Consolidated financial statements are reasonable. However, the Consolidated financial statements may not be indicative of the consolidated financial position, results of operations, and cash flows of the Company in the future or if it had operated independently from H-D. • The Consolidated statements of operations and comprehensive loss include all revenues and costs directly attributable to the Company as well as an allocation of expenses from H-D H-D’s H-D • The Consolidated balance sheets include the attribution of certain assets and liabilities that have historically been held at the corporate level by H-D, H-D’s • Net Parent company investment in the Consolidated statements of shareholders’ equity and the Consolidated balance sheets represents the accumulation of the Company’s net loss over time and the net effect of transactions with and allocations from H-D. • Transactions between H-D H-D • Within the Consolidated financial statements and tables presented, certain columns and rows may not add due to the use of rounded numbers for disclosure purposes. • Certain comparative amounts have been reclassified to conform to the current year presentation.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Principles of Consolidation Use of Estimates – Cash and Cash Equivalents Concentrations of Credit Risk Accounts Receivable, net H-D; non-performing Inventories, net first-in, first-out Property, Plant and Equipment, net Goodwill Intangible Assets non-compete Cloud Computing Arrangements Impairment of Long-Lived Assets Research and Development Expenses Advertising Costs Shipping and Handling Costs Income Taxes H-D’s non-U.S. H-D Warrant Liabilities Distinguishing Liabilities from Equity Derivatives and Hedging , re-measurement New Accounting Standards Recently Issued Accounting Pronouncements Management does not believe that any recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the Company’s financial statements.

Revenue

Revenue	12 Months Ended
	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Revenue	3. Revenue The Company recognizes revenue when it satisfies a performance obligation by transferring control of a good or service to a customer. Revenue is measured based on the consideration that the Company expects to be entitled to in exchange for the goods or services transferred. Taxes that are collected from a customer concurrent with revenue-producing activities are excluded from revenue. Disaggregated revenue, net by major source was as follows for the years ended December 31, (in thousands): 2022 2021 2020 Electric Motorcycles Electric motorcycles $ 13,171 $ 8,706 $ 12,846 Parts, accessories and apparel 828 999 1,473 $ 13,999 $ 9,705 $ 14,319 STACYC (1) Electric balance bikes $ 29,669 $ 23,130 $ 14,602 Parts, accessories and apparel 3,165 2,971 1,942 $ 32,834 $ 26,101 $ 16,544 Total Revenue, net $ 46,833 $ 35,806 $ 30,863 (1) Prior year amounts have been reclassified to conform to current year presentation. Revenue from the sale of electric motorcycles, electric balance bikes as well as parts and accessories and apparel are recorded when control is transferred to the customer, generally at the time of shipment to independent dealers and distributors or at the time of delivery to retail customers. The Company offers sales incentive programs to independent dealers and retail customers designed to promote the sale of its products. The Company estimates its variable consideration related to its sales incentive programs using the expected value method. The Company accounts for consideration payable to a customer as part of its sales incentives as a reduction of revenue, which is accrued at the later of the date the related sale is recorded or the date the incentive program is both approved and communicated. During 2020, the Company made a sales concession to certain of its independent dealers related to retail store investments they had made for the sale and service of Harley-Davidson branded electric motorcycles. At the end of 2020, the Company was in the process of re-evaluating one-time The Company offers the right to return eligible parts and accessories and apparel. When the Company offers a right to return, it estimates returns based on an analysis of historical trends and records revenue on the initial sale only in the amount that it expects to be entitled. The remaining consideration is deferred in a refund liability account. The refund liability is remeasured for changes in the estimate at each reporting date with a corresponding adjustment to revenue. Variable consideration related to sales incentives and rights to return is adjusted at the earliest of when the amount of consideration the Company expects to receive changes, or the consideration becomes fixed. Adjustments for variable consideration related to previously recognized sales were not material during 2022, 2021 and 2020. Shipping and handling costs associated with freight after control of a product has transferred to a customer are accounted for as fulfillment. The Company accrues for the shipping and handling in the same period that the related revenue is recognized. The Company offers standard, limited warranties on its motorcycles, electric balance bikes, and parts and accessories. These warranties provide assurance that the product will function as expected and are not separate performance obligations. The Company accounts for estimated warranty costs as a liability when control of the product transfers to the customer. Contract Liabilities The Company maintains certain deferred revenue balances related to payments received at contract inception in advance of the Company’s performance under the contract that generally relates to customer deposits for electric balance bikes and electric motorcycles. Deferred revenue is recognized as revenue once the Company performs under the contract. Deferred revenue of $163 thousand and $1,644 thousand was included in Accrued liabilities in the Company’s Consolidated balance sheets Previously deferred revenue recognized as revenue in 2022 and 2021 was $1,644 thousand and $149 thousand, respectively. The Company expects to recognize all $163 thousand of the remaining unearned revenue in 2023.

Business Combination

Business Combination	12 Months Ended
	Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]
Business Combination	4. Business Combination As discussed in Note 1, Description of Business and Basis of Presentation, the Company completed the previously announced Business Combination on September 26, 2022. The Business Combination is accounted for as a reverse recapitalization, in accordance with GAAP. Under this method of accounting, ABIC has been treated as the acquired company for financial reporting purposes. The net assets of ABIC were stated at carrying value, with no goodwill or other intangible assets recorded. Operations prior to the Business Combination are those of Legacy LiveWire. Legacy LiveWire was determined to be the accounting acquirer based on evaluation of the following facts and circumstances: • Legacy LiveWire’s majority shareholder, the Legacy LiveWire Equityholder, has the largest voting interest in the combined company • Legacy LiveWire’s executive management makes up the majority of the management of the combined company; • Legacy LiveWire’s majority shareholder, the Legacy LiveWire Equityholder, has the ability to designate the majority of the initial LiveWire Board and subsequent decisions on the LiveWire Board will be based on shareholder vote, of which the Legacy LiveWire Equityholder has the largest voting interest; • the combined company assumed the name “LiveWire Group Inc.”; and • Legacy LiveWire is the larger entity based on revenue. Additionally, Legacy LiveWire has a larger employee base and substantive operations. The Business Combination resulted in net proceeds of approximately $293.7 million, which included: i) $100 million PIPE investment from H-D; H-D H-D. H-D As discussed in Note 1, Description of Business and Basis of Presentation, in connection with the Business Combination, H-D Earn-Out one-time one-time trading-day Additionally, if there is a change of control of the Company prior to the expiration of the Earn Out Period that will result in the holders of Common Stock receiving a price per share equal to or in excess of the applicable share price of LiveWire in connection with a Triggering Event, then immediately prior to the consummation of such change of control, any Triggering Event that has not occurred will be deemed to have occurred, LiveWire will issue the applicable Earn Out Shares to H-D H-D The total number of shares of the Company’s common stock outstanding immediately following the Business Combination was comprised as follows: Shares ABIC public shares, prior to redemptions 40,000,000 Less: redemption of ABIC public shares (36,597,112 ) LiveWire public stockholders 3,402,888 Legacy LiveWire Equityholder (1) 161,000,000 H-D 10,000,000 H-D 10,000,000 KYMCO PIPE investment 10,000,000 ABIC sponsor stockholders (2) 8,000,000 Total shares outstanding at close 202,402,888 (1) Excludes 12,500,000 Common Stock in estimated potential earn out shares as the price threshold for each tranche has not yet been triggered. (2) Shares presented are net of 2,000,000 Sponsor forfeited shares and includes 25,000 shares of Common Stock held by John Replogle and 25,000 shares of Common Stock held by George Serafeim, each in his individual capacity. In connection with the Business Combination, H-D paid-in September 26, 2022 Cash - ABIC trust and cash, net of redemptions and ABIC transaction costs (1) $ 13,849 Cash - Legacy LiveWire Equityholder PIPE Investment 100,000 Cash - KYMCO PIPE Investment 100,000 Cash - H-D 100,000 Less: transaction costs and advisory fees incurred by H-D (20,132 ) Net cash proceeds from Business Combination 293,717 Less: Non-cash (13,420 ) Net equity infusion from Business Combination $ 280,297 (1) Proceeds from ABIC consisted of the $34,230 thousand of cash in the ABIC trust account and $240 thousand of cash in an ABIC operating bank account, less $20,621 thousand of ABIC transaction costs. On September 26, 2022, prior to the consummation of the Business Combination, the Company consummated the Separation subject to the terms of the Separation Agreement. As a result, certain assets and liabilities were retained and settled by H-D H-D H-D paid-in The most significant assets retained by the Parent included materials that relate to the manufacture of LiveWire One electric motorcycles. The most significant liabilities retained and settled by the Parent included employee liabilities related to service rendered prior to the closing of the business combination, accounts payable outstanding for amounts owed to suppliers to manufacture electric motorcycles, a supplier liability for an excess firm purchase commitment, and certain warranty liabilities associated with the Harley-Davidson branded LiveWire motorcycle (see disclosure in Note 12, Product Warranty and Recall Campaigns).

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes	5. Income Taxes The The income tax (benefit) provision for the years ended December 31, consists of the following (in thousands): 2022 2021 2020 Current: State $ — $ 56 $ 89 Foreign 66 104 170 Current income tax provision $ 66 $ 160 $ 259 Deferred: Federal $ (95 ) $ 61 $ 218 State (4 ) (81 ) (50 ) Foreign — (2 ) (70 ) Deferred income tax (benefit) provision (99 ) (22 ) 98 Total income tax (benefit) provision $ (33 ) $ 138 $ 357 The components of 2022 2021 2020 Domestic $ (79,262 ) $ (68,534 ) $ (77,611 ) Foreign 291 380 396 Loss before income taxes $ (78,971 ) $ (68,154 ) $ (77,215 ) The reconciliation of the (benefit) provision for income taxes at the U.S. federal statutory income tax rate of 21% to the Company’s income tax (benefit) provision for the years ended December 31, is shown below (in thousands): 2022 2021 2020 Benefit at statutory rate $ (16,584 ) $ (14,312 ) $ (16,213 ) State taxes, net of federal benefit (1,367 ) (1,139 ) (1,372 ) Foreign rate differential 5 8 5 Nondeductible expenses 43 420 — Unrecognized tax benefits including interest and penalties — 6 11 Unbenefited losses 11,582 14,770 17,337 Valuation allowance 7,397 380 578 Change in value of warrants (1,144 ) — — Other 35 5 11 Income tax (benefit) provision $ (33 ) $ 138 $ 357 The Company generated operating losses in each of the years presented. The income tax benefit recognized related to these losses was zero for each of the years ended December 31, 2022, 2021, and 2020 due to the recognition of a valuation allowance. Operating results of the Company are included in the consolidated federal and combined state tax returns of H-D H-D After an assessment of the positive and negative evidence regarding the realizability of the separate state NOLs reflected in the financials, it was determined a valuation allowance was required. Additionally, it was necessary to assess the positive and negative evidence of the realizability of the U.S. federal and consolidated state net deferred tax asset balance for the periods ended December 31, 2022 and 2021. After such an assessment, it was determined a valuation allowance was required. The difference between the benefit at the statutory rate and the income tax (benefit) provision related to these valuation allowances is reflected in the table above as valuation allowance. The principal components of the Company’s deferred income tax assets and liabilities as of December 31, include the following (in thousands): 2022 2021 Deferred tax assets: Capitalized research & experimental expenditures $ 7,158 $ — Accruals not yet tax deductible 615 2,379 Stock compensation 524 67 Net operating loss and credit carryforwards — 1 UNICAP 1 11 Amortization, book in excess of tax 946 258 Lease liability 733 812 Other — 346 Deferred tax assets before valuation allowance 9,977 3,874 Less: Valuation allowance (8,312 ) (915 ) Total deferred tax assets 1,665 2,959 Deferred tax liabilities: Depreciation, tax in excess of book $ (620 ) $ (2,283 ) Amortization, tax in excess of book (349 ) — Right-of-use (711 ) (790 ) Total deferred liabilities (1,680 ) (3,073 ) Net deferred tax liability $ (15 ) $ (114 ) The net deferred tax liability balance decreased from December 31, 2021 to December 31, 2022 primarily due to an increase in the deferred tax asset balance related to capitalized research and experimental expenses, which will reverse in future periods against a significant portion of the deferred tax liabilities. The tax operating loss and tax credit carryforwards, calculated on the separate return method for allocating tax expense, have been utilized by H-D H-D, H-D attributes. The realizability of the hypothetical attributes will continue to be monitored on a separate return basis. Any change to the realizability of these hypothetical attributes on a separate return basis will be booked as a deferred income tax benefit or expense with an offset to equity. For the period from the close of the Business Combination and effective date of the Tax Matters agreement, the tax net operating loss and tax credit carryforward, and offsetting full valuation allowance, was $3,764 thousand. The Company recognizes interest and penalties related to unrecognized tax benefits in the income tax (benefit) provision. Changes in the Company’s gross liability for unrecognized tax benefits, excluding interest and penalties, were as follows (in thousands): 2022 2021 Unrecognized tax benefits, beginning of period $ — $ — Increase in unrecognized tax benefits for tax positions take in prior period 162 — Unrecognized tax benefits, end of period $ 162 $ — There were no unrecognized tax benefits as of December 31, 2022 and 2021, respectively, that, if recognized, would affect the effective tax rate, due to the NOL and valuation allowance positions. There were zero gross benefits related to interest and penalties associated with unrecognized tax benefits recognized in the Consolidated statements of operations and comprehensive loss during 2022, 2021, and 2020, respectively, due to the NOL and valuation allowance positions. There were zero gross interest and penalties associated with unrecognized tax benefits recognized in the Consolidated balance sheets at December 31, 2022 and 2021, respectively, due to the NOL and valuation allowance positions. The Company expects the total amount of unrecognized tax benefits, related to continuing operations during the fiscal year ending December 31, 2023, to reduce to zero. The current year reserve will reverse when the Company files a method change in 2023. The Company did not make any income tax payments for the years ended December 31, 2022, 2021, and 2020.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Earnings Per Share	6 . Earnings Per Share The Company computes earnings per share (“EPS”) in accordance with ASC 260, Earnings per Share Computation of basic and diluted earnings per share for the years ended December 31, was as follows (in thousands, except per share amounts): 2022 2021 2020 Net Loss $ (78,938 ) $ (68,292 ) $ (77,572 ) Basic weighted-average shares outstanding 172,003 161,000 161,000 Effect of dilutive securities – Warrants — — — Effect of dilutive securities – employee stock compensation plan — — — Diluted weighted-average shares outstanding 172,003 161,000 161,000 Earnings per share: Basic $ (0.46 ) $ (0.42 ) $ (0.48 ) Diluted $ (0.46 ) $ (0.42 ) $ (0.48 ) Prior to the Business Combination date, LiveWire did not have any issued and outstanding common stock or any common share equivalents. Accordingly, for 2021 and 2020, the net loss per share was calculated based on the 161,000,000 shares of Common Stock distributed to H-D Diluted net loss per share is computed by giving effect to all potential shares of common stock, to the extent dilutive, including unvested restricted stock units (“RSUs”), unvested performance share units (“PSUs”), and Warrants. Potential shares of common stock are excluded from the computation of diluted net loss per share if their effect would have been anti-dilutive for the periods presented or if the issuance of shares is contingent upon events that did not occur by the end of the period. For 2022, employee stock compensation plan awards representing 19 thousand underlying common shares were excluded from the computation of diluted net loss per share because the effect would have been anti-dilutive. For 2022, warrants representing 51,788 thousand underlying common shares were excluded from the computation of diluted net loss per share because the effect would have been antidilutive. There were no anti-dilutive employee stock compensation awards or warrants for 2021 and 2020. Additionally, the Company has not included the impact of the Earn-Out

Additional Balance Sheet Inform

Additional Balance Sheet Information	12 Months Ended
	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Supplemental Balance Sheet Disclosures	7. Additional Balance Sheet Information Inventories, net consisted of the following as of December 31, (in thousands): 2022 2021 Raw materials and work in process $ 48 $ 5,233 Electric motorcycles and electric balance bikes 25,291 8,636 Parts and accessories and apparel 3,876 2,928 Inventories, net $ 29,215 $ 16,797 Inventory valuation reserves deducted from cost were $1,320 thousand and $7,021 thousand as of December 31, 2022 and 2021, respectively. Other current assets primarily include prepaid expenses of $3,700 thousand as of December 31, 2022. As of December 31, 2021, Other current assets included $3,025 thousand of prepaid supplier deposits relating to future inventory purchases. Property, plant and equipment, net consisted of the following as of December 31, (in thousands): 2022 2021 Construction in progress $ 26,362 $ 9,746 Tooling 9,874 10,155 Machinery and equipment 3,488 3,317 Software 2,799 2,798 Leasehold improvements 1,635 1,266 44,158 27,282 Accumulated depreciation (12,591 ) (9,388 ) Property, plant and equipment, net $ 31,567 $ 17,894 Depreciation was $3,939 thousand, $4,256 thousand and $3,480 thousand for the years ending December 31, 2022, 2021 and 2020, respectively. Software, net of accumulated amortization, included in Property, plant and equipment, net, was $1,309 thousand and $2,242 thousand as of December 31, 2022 and 2021, respectively. The Company had $7,748 thousand related to purchases of property, plant and equipment included in Accrued liabilities as of December 31, 2022, and $3,651 thousand and $2,461 thousand related to purchases of property, plant and equipment included in Accounts payable as of December 31, 2021 and 2020, respectively. Other long-term assets consisted primarily of capitalized implementation costs incurred in connection with cloud computing arrangements that do not include a license to internal-use 2018-15. Accrued liabilities consisted of the following as of December 31, (in thousands): 2022 2021 Payroll and employee benefits $ 4,641 $ 6,129 Engineering 4,377 2,680 Warranty and recalls 397 720 Deferred revenue 163 1,644 Sales incentives — 795 Taxes 352 918 Accrued capital expenditures 7,748 — Other 2,665 2,688 Accrued liabilities $ 20,343 $ 15,574 Prior to consummation of the Business Combination, the Company has a liability related to an excess firm purchase commitment to a supplier on a carve-out H-D non-current

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	8. Goodwill and Other Intangible Assets Goodwill includes the cost of acquired businesses in excess of the fair value of the tangible and other intangible net assets acquired. The carrying amount of goodwill was $8,327 thousand as of both December 31, 2022 and 2021. Intangible assets, net, excluding goodwill, consisted of trademarks, patents, distributor relationships, and non-compete non-compete Intangible assets at December 31, were as follows (in thousands): 2022 2021 Gross Accumulated Net Carrying Gross Accumulated Net Carrying Trademarks $ 2,500 $ (958 ) $ 1,542 $ 2,500 $ (708 ) $ 1,792 Non-compete 640 (491 ) 149 640 (363 ) 277 Others 440 (322 ) 118 440 (238 ) 202 $ 3,580 $ (1,771 ) $ 1,809 $ 3,580 $ (1,309 ) $ 2,271 Amortization of intangible assets, net, excluding goodwill, recorded in Selling, administrative and engineering expense 2023 462 2024 289 2025 254 2026 254 2027 254 Thereafter 296 $ 1,809 The Company assesses for impairment of intangible assets with definite lives only if events occur that indicate that the carrying amount of an intangible asset may not be recoverable. The Company assesses goodwill for impairment annually, or more frequently if events occur that indicate an asset may be impaired. For goodwill, the reporting units used in assessing impairment is the same as the Company’s two operating segments and reportable segments as described in Note 17, Reportable Segments and Geographic Information. Our assessment for impairment of goodwill utilized a discounted cash flow analysis and a guideline public company market approach to determine the fair value of the reporting unit for comparison to the corresponding carrying value, and a reconciliation of the Company’s concluded values for each reporting unit to the Company’s market capitalization. Based upon the Company’s fiscal year 2022 annual goodwill impairment analysis, the Company concluded that it is more likely than not that the fair value of goodwill exceeded its carrying value and there were no impairments to goodwill for any periods presented.

Leases

Leases	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Leases	9. Leases The Company determines if an arrangement is or contains a lease at contract inception. Right of Use (“ROU”) assets represent the Company’s right to use an underlying asset over the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. ROU assets and lease liabilities are recognized at the lease commencement date based on the present value of future lease payments over the lease term. The ROU asset also includes prepaid lease payments and initial direct costs and is reduced for lease incentives paid by the lessor. The discount rate used to determine the present value is generally H-D’s In accordance with ASC Topic 842, Leases non-lease The Company has operating lease arrangements for real estate. The Company’s leases have a remaining lease term of 1 to 5 years. The Company’s leases do not contain any material residual value guarantees or material restrictive covenants. Balance sheet information related to the Company’s leases at December 31, was as follows (in thousands): 2022 2021 Assets: Lease assets $ 3,128 $ 3,471 Liabilities: Current portion of lease liabilities $ 1,312 $ 1,146 Long-term portion of lease liabilities 1,913 2,423 Total lease liabilities $ 3,225 $ 3,569 The following table presents the components of lease costs as of December 31, (in thousands): Lease Cost 2022 2021 2020 Operating lease cost $ 1,300 $ 1,008 $ 817 Short-term lease cost 37 291 156 Variable lease cost 143 141 130 Net lease cost $ 1,480 $ 1,440 $ 1,103 Future maturities of the Company’s operating lease liabilities as of December 31, 2022 were as follows (in thousands): Future lease payments: 2023 $ 1,373 2024 1,160 2025 446 2026 277 2027 97 Thereafter — 3,353 Present value discount (128 ) Lease liabilities $ 3,225 Other lease information surrounding the Company’s operating leases as of December 31, was as follows (dollars in thousands): 2022 2021 2020 Cash outflows for amounts included in the measurement of lease liabilities $ 1,300 $ 924 $ 819 ROU assets obtained in exchange for lease obligations $ 910 $ 3,940 $ — Lease modifications $ — $ — $ (83 ) Weighted-average remaining lease term (in years) 2.80 3.26 0.74 Weighted-average discount rate 2.35 % 1.29 % 3.66 %

Warrant Liabilities

Warrant Liabilities	12 Months Ended
	Dec. 31, 2022
Warrant Liabilities [Abstract]
Warrant Liabilities	10. Warrant Liabilities Upon consummation of the Business Combination (see Note 4, Business Combination), the Company assumed 30,499,990 Warrants to purchase LiveWire’s Common Stock, comprised of 19,999,990 public warrants, originally issued by ABIC as part of ABIC’s IPO of units (the “Public Warrants”) and 10,500,000 of outstanding warrants originally issued in a private placement in connection with the IPO of ABIC (the “Private Placement Warrants”). The Warrants expire five years from the completion of the Business Combination. At December 31, 2022, there were 19,999,990 Public Warrants and 10,500,000 Private Warrants outstanding. Each Warrant entitles the registered holder to purchase one share of Common Stock at a price of $11.50 per share. A Warrant holder may exercise its Warrants only for a whole number of shares of Common Stock. This means only a whole Warrant may be exercised at a given time by a Warrant holder. No fractional Warrants were issued upon separation of the units and only whole warrants trade. The Company will receive the proceeds from the exercise of any warrants in cash. The Warrants will expire five years after the completion of the Business Combination, or earlier upon redemption or liquidation. Public Warrants Redemption of warrants when the price per Common Stock share equals or exceeds $18.00: • in whole and not in part; • at a price of $0.01 per warrant; • upon not less than 30 days’ prior written notice of redemption; and • if, and only if, the reported last sales price of the Company’s Common Stock equals or exceeds $18.00 per share for any 20 trading days within a 30-trading Redemption of warrants when the price per Common Stock share equals or exceeds $10.00: • in whole and not in part; • at a price equal to a number of the Company’s Common Stock to be determined, based on the redemption date and the fair market value of the Company’s Common Stock; • upon a minimum of 30 days’ prior written notice of redemption; • if, and only if, the last reported sale price of the Company’s Common Stock equals or exceeds $10.00 per share (as adjusted for share splits, share dividends, reorganizations, recapitalizations and the like) on the trading day prior to the date on which the Company sends the notice of redemption to the warrant holders; and • if, and only if, the Private Placement Warrants are also concurrently exchanged at the same price (equal to a number of Class A ordinary shares) as the outstanding Public Warrants • can be exercised on a cashless basis Private Placement Warrants The Private Placement Warrants have terms and provisions that are similar to those of the Public Warrants, including as to the exercise price, exercisability and exercise period. The Private Placement Warrants will not be redeemable by the Company so long as they are held by the initial purchasers of the Private Placement Warrants or its permitted transferees and the reference value exceeds $18.00 per share. The initial Private Placement Warrant purchasers, or its permitted transferees, has the option to exercise the Private Placement Warrants on a cashless basis if the reference value is between $10.00 and $18.00. If the Private Placement Warrants are held by holders other than the Sponsor or its permitted transferees, the Private Placement Warrants will be redeemable by the Company in all redemption scenarios and exercisable by the holders on the same basis as the Public Warrants. There were no exercises or redemptions of the Public or Private Warrants during the year ended December 31, 2022. The Company recognized income of $5,033 thousand as a change in fair value of warrant liabilities in the Consolidated statements of operations and comprehensive loss for year ended December 31, 2022. The Company determined the Public Warrants and Private Placement Warrants do not meet the criteria to be classified in stockholders’ equity and the fair value of the warrants should be classified as a liability. At December 31, 2022, the Company’s Warrant liability was $8,388 thousand.

Fair Value

Fair Value	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value	11. Fair Value The Company assesses the inputs used to measure fair value using a three-tier hierarchy. • Level 1 inputs include quoted prices for identical instruments and are the most observable. • Level 2 inputs include quoted prices for similar assets and observable inputs. • Level 3 inputs are not observable in the market and include the Company’s judgments about the assumptions market participants would use in pricing the asset or liability. The Company’s assets and liabilities measured at fair value on a recurring basis, aggregated by the level in the fair value hierarchy within which those measurements fall, were as follows as of December 31, (in thousands): 2022 Level 1 Level 2 Level 3 Total Assets: Money market funds $ 257,000 $ — $ — $ 257,000 Liabilities: Public Warrants $ 5,500 $ — $ — $ 5,500 Private Placement Warrants — 2,888 — 2,888 Share-based awards settled in cash 1,618 — — 1,618 $ 7,118 $ 2,888 $ — $ 10,006 2021 Level 1 Level 2 Level 3 Total Liabilities: Contingent consideration liability $ — $ — $ 2,180 $ 2,180 There were no significant assets or liabilities on the Company’s Consolidated balance sheets measured at fair value on a nonrecurring basis. Recurring Fair Value Measurements Money Market Funds Money market funds include highly liquid investments with an original maturity of three or fewer months, and are presented within Cash and cash equivalents in the Consolidated balance sheets. They are valued using quoted market prices in active markets and are classified under Level 1 within the fair value hierarchy. Warrant Liabilities The Warrants were accounted for as liabilities in accordance with ASC 815 and are presented within Warrant liabilities in the accompanying Consolidated balance sheets. The Warrant liabilities are measured at fair value at inception and on a recurring basis, with changes in fair value presented within Change in fair value of warrant liabilities in the Consolidated statements of operations and comprehensive loss. The Public Warrants are publicly traded under the symbol “LVWR WS”, and the fair value of the Public Warrants at a specific date is determined by the closing price of the Public Warrants as of that date. As such, the Public Warrants are classified within Level 1 of the fair value hierarchy. The fair value of the Private Placement Warrants was determined using the closing price of the Public Warrants as the Private Placement Warrants have terms and provisions that are economically similar to those of the Public Warrants. The Private Placement Warrants are classified as Level 2 of the fair value hierarchy due to the use of an observable market quote for a similar asset in an active market. Share-based awards settled in cash Share-based awards settled in cash represent grants of share-based awards that will be settled with employees in cash, and are presented within Accrued liabilities and Other long-term liabilities in the Consolidated balance sheets. They are valued using the market price of the Company’s stock and are remeasured at each balance sheet date, and are classified under Level 1 under the fair value hierarchy. Contingent Consideration Liability In connection with H-D’s earn-out The contingent consideration liability related to the STACYC acquisition was considered a Level 3 liability. As of December 31, 2020, the fair value was estimated using a Monte Carlo simulation with significant unobservable inputs, including the discount rate, revenue volatility and risk premium. In both 2021 and 2020, the Company made payments of $2,180 thousand during each period based on the full achievement of performance targets for the first two annual performance periods. As of December 31, 2021, the Company determined the maximum remaining payout of $2,180 thousand approximated fair value. The final payment in 2022 of $2,180 thousand settled the Company’s contingent consideration obligation related to acquisition of STACYC. The following table presents the changes in the contingent consideration liability during the years ended December 31, 2022, 2021 (in thousands): Balance as of December 31, 2020 $ 4,311 Remeasurement of contingent consideration liability 49 Cash payment (2,180 ) Balance as of December 31, 2021 $ 2,180 Remeasurement of contingent consideration liability — Cash payment (2,180 ) Balance as of December 31, 2022 $ — The change in fair value recognized in net loss is recorded in Selling, administrative and engineering expense in the Consolidated statements of operations and comprehensive loss. During 2021 and 2020, the Company remeasured the contingent consideration liability and recorded an increase of $49 thousand and $788 thousand, respectively, due to an increased likelihood of the actual achievement for milestones being reached. Other Fair Value Measurements The fair value of financial instruments classified as Cash and cash equivalents, Accounts receivable, net, and Accounts payable on the Consolidated balance sheets approximate carrying value due to the short-term nature and the relative liquidity of the instruments.

Product Warranty and Recall Cam

Product Warranty and Recall Campaigns	12 Months Ended
	Dec. 31, 2022
Guarantees and Product Warranties [Abstract]
Product Warranty and Recall Campaigns	12. Product Warranty and Recall Campaigns The Company provides a limited warranty on new electric motorcycles for a period of two years, except for the battery which is covered for five years. The Company also provides limited warranties on parts and accessories and electric balance bikes. The warranty coverage for the retail customer generally begins when the product is sold to the retail customer. The Company accrues for future warranty claims at the time of sale using an estimated cost based primarily on historical Company claim information. In the case of both warranty and recall costs, as actual experience becomes available it is used to update the accruals. Additionally, the Company may from time-to-time Changes in the Company’s warranty and recall liability were as follows as of December 31, (in thousands): 2022 2021 Balance, beginning of period $ 1,095 $ 778 Warranties issued during the period 714 575 Settlements made during the period (616 ) (933 ) Currency Translation Adjustments (76 ) (1 ) Recalls and changes to pre-existing 236 676 Transaction related adjustment (1) (787 ) — Balance, end of period $ 566 $ 1,095 (1) In connection with the Separation and Business Combination, $787 thousand of warranties and recall liabilities were retained by H-D pre-transaction H-D The liability for recall campaigns was $269 thousand at December 31, 2021. There was no liability for recall campaigns as of December 31, 2022, as the liability related to pre-transaction H-D H-D.

Employee Benefit Plans and Othe

Employee Benefit Plans and Other Postretirement Benefits	12 Months Ended
	Dec. 31, 2022
Retirement Benefits [Abstract]
Employee Benefit Plans and Other Postretirement Benefits	13. Employee Benefit Plans and Other Postretirement Benefits Defined Benefit Plans and Other Postretirement Benefit Plans H-D H-D H-D’s H-D. H-D’s Defined Contribution Plans On March 1, 2022, the Company established a LiveWire 401(k) plan for the benefit of the Company’s employees. In connection with the establishment of the LiveWire 401(k) plan, H-D H-D’s H-D’s H-D’s The Company expensed $2,143 thousand, $903 thousand and $674 thousand for the years ended December 31, 2022, 2021 and 2020, respectively, related to defined contribution benefits plans contributions.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	14. Commitments and Contingencies Contingencies Litigation and Other Claims H-D,

Share-Based Awards

Share-Based Awards	12 Months Ended
	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
Share-Based Awards	15. Share-Based Awards LiveWire Share-Based Awards Our long-term incentive plans provide for the grant of various forms of share-based awards to our directors, officers and other eligible employees under which our Board of Directors may grant to employees share-based awards including restricted stock units and performance share units. A maximum of 29,293,509 shares were authorized for awards under the long-term incentive plans. The Company recognizes the cost of its share-based awards in the Consolidated statements of operations and comprehensive loss. The cost of each share-based equity award is based on the grant date fair value and the cost of each share-based cash-settled award is based on the settlement date fair value. Share-based award expense is recognized on a straight-line basis over the service or performance periods of each separately vesting tranche within the awards. Forfeitures are recognized as incurred. The expense recognized reflects the number of awards that are ultimately expected to vest based on the service and, if applicable, performance requirements of each award. Total compensation expense related to LiveWire share-based awards was $579 thousand for the year ended December 31, 2022 and zero for both the years ended December 31, 2021 and 2020. See separate discussion below related to historical H-D Restricted Stock Units - Settled in Stock and Cash Certain directors, executive officers and other eligible employees have been granted time-based restricted stock units (the “Time-Based RSUs”) and performance-based restricted stock units (the “Performance RSUs,” collectively with the Time-Based RSUs, the “RSUs”). The Time-Based RSUs generally vest ratably over a three-year period, starting on the anniversary date of the grant. Time-Based RSUs for directors vest over a one-year The Company recognized $416 thousand for the year ended December 31, 2022 in share-based compensation expense related to the Time-Based RSUs. There were no Time-Based RSUs outstanding prior to fiscal year 2022 and therefore no share-based compensation expense was recorded in 2021 and 2020 related to the Time-Based RSUs. During the year ended December 31, 2022, the Company granted Performance RSUs to certain executive officers and other eligible employees. These Performance RSUs awards vest at the end of a three-year Restricted Stock Units - Settled in Stock Assumptions used to calculate the grant date fair value of the performance shares granted during 2022 were as follows: December 2022 Expected volatility 76.76 % Risk-free interest rate 3.89 % The activity for these awards for the year ended December 31, 2022 was as follows (in thousands, expect for per share amounts): Time-Based RSUs Performance Total RSUs Weighted-Average Nonvested, beginning of period — — — $ — Granted 1,870 625 2,495 $ 7.34 Vested — — — $ — Forfeited — — — $ — Nonvested, end of period 1,870 625 2,495 $ 7.34 As of December 31, 2022, there was $17,810 thousand of unrecognized compensation cost related to RSUs settled in stock that is expected to be recognized over a weighted-average period of 2.83 years. Restricted Stock Units - Settled in Cash The activity for these awards for the year ended December 31, 2022 was as follows (in thousands, except for per share amounts): Time-Based RSUs Performance Total RSUs Weighted-Average Nonvested, beginning of period — — — $ — Granted 64 24 88 $ 7.52 Vested — — — $ — Forfeited — — — $ — Nonvested, end of period 64 24 88 $ 7.52 As of December 31, 2022, there was $521 thousand of unrecognized compensation cost related to RSUs settled in cash that is expected to be recognized over a weighted-average period of 2.92 years. Historical H-D Prior to consummation of the Business Combination, certain employees of the Company participated in H-D’s H-D’s H-D H-D’s During 2022, the Company elected to cancel and convert outstanding RSUs held by 91 of the Company’s employees into the right to receive cash payments (each, an “RSU Payment”) on the date which the RSU award would otherwise become vested in accordance with the vesting schedule applied to such award immediately prior to cancellation of the award. The cancellation of the equity-classified awards resulted in a reduction to Net Parent company investment and share-based expense of $171 thousand. The conversion to RSU Payments, which are liability-classified awards, resulted in an increase to Accrued liabilities and shared- based award expense of $474 thousand. The incremental compensation cost resulting from the modification of the RSUs was immaterial. As of December 31, 2022, the accrued liability for the cash awards was $1,603 thousand. Each RSU Payment is a liability-classified award, which will (i) be in amount equal to (x) the number of shares of H-D’s H-D’s The activity for these awards for the year ended December 31, 2022 was as follows (in thousands, except for per share amounts): Shares & Weighted-Average Nonvested, beginning of period — $ — Awards transferred to cash payment 76 $ 33 Granted 44 $ 43 Vested (36 ) $ 36 Forfeited (11 ) $ 37 Nonvested, end of period 73 $ 38 As of December 31, 2022, there was $1,941 thousand of unrecognized compensation cost related to liability-classified awards, net of estimated forfeitures, that is expected to be recognized over a weighted-average period of 1.14 years. The total income tax benefit associated with share-based compensation recorded in the Company’s Consolidated statements of operations and comprehensive loss was $670 thousand for the year ended December 31, 2022 and zero for both the years ended December 31, 2021 and 2020.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
Related Party Transactions	16. Related Party Transactions In connection with the Business Combination, we entered into a number of agreements with H-D H-D H-D Transition Services Agreement On September 26, 2022, we entered into a Transition Services Agreement with H-D H-D The charges for the services are on a cost-plus basis (with a mark-up 45-day H-D non-payment Master Services Agreement On September 26, 2022, we entered into a Master Services Agreement with H-D H-D H-D H-D mark-up Contract Manufacturing Agreement On September 26, 2022, we entered into a Contract Manufacturing Agreement with H-D H-D H-D H-D H-D Beginning for calendar year 2024, LiveWire will be subject to a minimum annual volume commitment for each product and pay a deficit fee for failure to meet the minimum under the Contract Manufacturing Agreement. The products that H-D mark-up H-D’s H-D H-D’s During the period subsequent to the Business Combination, the Company purchased $1,935 thousand of inventory from H-D, Joint Development Agreement On September 26, 2022 we entered into a Joint Development Agreement with H-D H-D Under the Joint Development Agreement, H-D H-D’s respect to the joint development of such a project. The parties will discuss in good faith whether or not it is beneficial for the parties to enter into a joint development project with respect to such project. If H-D H-D H-D Unless otherwise mutually agreed for a particular project under the Joint Development Agreement, we own project intellectual property relating exclusively to electric vehicles and H-D two-, Tax Matters Agreement On September 26, 2022, LiveWire entered into a Tax Matters Agreement with H-D H-D H-D’s H-D’s With respect to U.S. federal income tax returns for any taxable period in which LiveWire (or any of its subsidiaries) are included in H-D’s H-D’s LiveWire’s inclusion in H-D’s H-D H-D The Tax Matters Agreement applies as of the closing of the Business Combination, which is the date that H-D’s Related Party Sales and Purchases in the Ordinary Course of Business Transactions Associated with Service Agreements with H-D For the period subsequent to the Business Combination, there were $3,485 thousand in expenses associated with services rendered in conjunction with the various service agreements with H-D H-D H-D, H-D. Financing from Business Combination The Business Combination resulted in net proceeds of approximately $293.7 million from related parties as described in Note 4, Business Combination. The Business Combination further resulted in adjustments for assets and liabilities, and the related currency translation adjustments, which will remain with H-D paid-in Other transactions Sales of electric motorcycles and related products to independent dealers are primarily financed through HDFS, a wholly owned subsidiary of H-D; . During the period subsequent to the Business Combination, the Company recorded $141 thousand in related party sales between the Company and H-D H-D H-D, On September 26, 2022, the Company entered into a lease agreement with H-D Prior to the Separation, the Company did not operate as a standalone business and the Consolidated financial statements were derived from the Consolidated financial statements and accounting records of H-D. H-D Allocation of Expenses and Related Party Activity Prior to the Separation Prior to the Business Combination, certain costs have been allocated to the Company and are reflected as expenses in the Consolidated statements of operations and comprehensive loss. The Company considers the allocation methodologies used to be reasonable, such that the allocations appropriately reflect H-D’s Manufacturing cost of sales The Company’s electric motorcycles are produced in manufacturing facilities shared with H-D. Operating expense allocation H-D H-D H-D. Cash management and financing Prior to the Business Combination, the Company’s treasury function was maintained by H-D. H-D H-D Cash transfers from H-D H-D H-D For the 9 months For the 12 months For the 12 months Net contribution from H-D H-D September 25, December 31, December 31, Net contribution from H-D $ 79,922 $ 86,279 $ 57,562 Settlement of notes payable to related party and accrued interest (21,610 ) — — Transfer of assets to H-D 568 — — Net change in unbenefited losses remaining with H-D — — (1,198 ) Stock compensation expense 171 (786 ) (188 ) Transfers from H-D $ 59,051 $ 85,493 $ 56,176 Notes payable to related party on the Consolidated balance sheets related to three lines of credit agreements with H-D, H-D The Company’s first line of credit agreement had a maximum borrowing limit of $5,000 thousand with an interest rate of 6.6%. This line of credit was amended and restated on December 22, 2021. The Company had no outstanding amounts under this line of credit at December 31, 2021. The Company’s second line of credit agreement had a maximum borrowing limit of $10,000 thousand with an interest rate of 6.6%. This line of credit agreement limited the use of proceeds to the payment of contingent consideration related to the Company’s purchase agreement for the acquisition of STACYC on March 4, 2019. The Company had $5,333 thousand outstanding under this line of credit at December 31, 2021. The Company’s third line of credit agreement had a maximum borrowing limit of $60,000 thousand with an interest rate of 6.6%. This line of credit was amended and restated on December 22, 2021. The Company had $100 thousand outstanding under this line of credit at December 31, 2021. The Notes payable to related party presented on the Consolidated balance sheets included the following accrued interest amounts (in thousands): For the 12 months ended For the 12 months ended Current portion of notes payable to related party $ — $ 3 Long-term portion of notes payable to related party — 366 $ — $ 369 Interest paid on the notes payable to related party was $0 thousand, $59 thousand and $51 thousand for the for the nine months ended September 25, 2022, and the twelve months ended December 31, 2021 and 2020, respectively. All related party notes payable were not in default as of December 31, 2022, December 31, 2021 and December 31, 2020. During the twelve months ended December 31, 2022, the Company borrowed $15,333 thousand under the lines of credit agreements prior to their final settlement on June 24, 2022. Pursuant to the Separation Agreement, H-D H-D.

Reportable Segments and Geograp

Reportable Segments and Geographic Information	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Reportable Segments and Geographic Information	17. Reportable Segments and Geographic Information The Company operates in two segments: Electric Motorcycles and STACYC. The Company’s reportable segments are strategic business units that offer different products and services and are managed separately based on the fundamental differences in their operations. The Electric Motorcycles segment consists of the business activities related to the design and sales of electric motorcycles. The Electric Motorcycles segment also sells electric motorcycle parts, accessories, and apparel. The Company’s products are sold at wholesale to a network of independent dealers and at retail through a Company-owned dealer and through online sales, primarily in the United States. The STACYC segment consists of the business activities related to the design and sales of the STACYC brand of electric balance bikes for kids. The STACYC segment also sells electric balance bike parts, accessories and apparel. STACYC products are in the U.S., Canada, Australia and Europe. The STACYC segment products are sold through independent retail partners in the U.S., including powersports dealers, H-D Prior to the Business Combination, the Company had one operating and reportable segment, based upon the manner in which H-D Selected segment information is set forth below for the years ended December 31, (in thousands): 2022 2021 2020 Electric Motorcycles Electric motorcycles, parts and accessories and apparel revenue, net $ 13,999 $ 9,705 $ 14,319 Cost of goods sold 23,268 22,006 45,742 Selling, administrative and engineering expense 79,836 57,996 43,033 Operating loss (89,105 ) (70,297 ) (74,456 ) STACYC Electric balance bikes, parts and accessories and apparel revenue, net 32,834 26,101 16,544 Cost of goods sold 20,661 16,374 10,077 Selling, administrative and engineering expense 8,023 7,612 9,066 Operating income (loss) 4,150 2,115 (2,599 ) Operating loss $ (84,955 ) $ (68,182 ) $ (77,055 ) Additional segment information is set forth below as of December 31, (in thousands): Electric STACYC Consolidated 2022: Assets $ 323,108 $ 28,697 $ 351,805 Goodwill $ 7,668 $ 659 $ 8,327 Depreciation and amortization $ 3,882 $ 519 $ 4,401 Capital expenditures $ 14,081 $ — $ 14,081 2021: Assets $ 38,762 $ 23,190 $ 61,952 Goodwill $ 7,668 $ 659 $ 8,327 Depreciation and amortization $ 4,220 $ 498 $ 4,718 Capital expenditures $ 9,792 $ 159 $ 9,951 2020: Assets $ 31,627 $ 20,113 $ 51,740 Goodwill $ 7,668 $ 659 $ 8,327 Depreciation and amortization $ 3,399 $ 543 $ 3,942 Capital expenditures $ 3,210 $ 33 $ 3,243 Customer Information - Geographic Information 2022 2021 2020 Revenue, net (1) United States $ 36,256 $ 24,633 $ 21,462 International 10,577 11,173 9,401 $ 46,833 $ 35,806 $ 30,863 Long-lived assets (2) United States $ 31,567 $ 17,894 $ 11,860 International — — — $ 31,567 $ 17,894 $ 11,860 (1) Revenue is attributed to geographic regions based on location of customer. (2) Long-lived assets include all long-term assets except those specifically excluded under Segment Reporting

Restatement of Unaudited Interi

Restatement of Unaudited Interim Financial Statements	12 Months Ended
	Dec. 31, 2022
Accounting Changes and Error Corrections [Abstract]
Restatement of Unaudited Interim Financial Statements	18. Restatement of Unaudited Interim Financial Statements During finalization of the Company’s 2022 Consolidated financial statements, the Company discovered that it had prematurely recognized revenue related to deliveries to a customer of STACYC electric balance bikes without batteries, which were shipped separately a short time later. As a result, the Company had prematurely recognized revenue during financial reporting periods prior to the completion of the Business Combination on those semi-finished units at the time of delivery of the bikes in the first and second quarters of 2022, respectively, with a related understatement of revenue in the third quarter of 2022. The batteries were completely delivered by the end of the third quarter of 2022, which was required for the Company to be able to recognize revenue for the bikes as a finished unit. On February 22, 2023, the Audit Committee of the Company’s Board of Directors (the “Audit Committee”), in consultation with members of the Company’s management, concluded that the Company’s previously issued unaudited quarterly financial statements for the three months ended March 27, 2022, the three and six months ended June 26, 2022, and the three months ended September 25, 2022 should no longer be relied upon due to the premature revenue recognition error in those financial statements. The correction of these errors and the restatement adjustments for these changes to the Company’s previously issued Consolidated financial statements are shown in the table below, collectively the “Restatement.” Amounts depicted with the title “As Restated” throughout this footnote include the impact of the Restatement. Impact of the Restatement A reconciliation from the previously issued financial statements to the restated amounts as of March 27, 2022, and for the three months ended March 27, 2022, as of June 26, 2022, and for the three and six months ended June 26, 2022, and for the three months and nine months ended September 25, 2022 is included below. The Company’s previously issued financial statements are labeled as “As Previously Reported” in the tables below. The amounts labeled “Adjustment” represent the effects of this restatement described below. Also included in the amounts labeled “Adjustment” are the correction of certain other previously identified immaterial adjustments as of March 27, 2022, and for the three months ended March 27, 2022, as of June 26, 2022, and for the three and six months ended June 26, 2022, as of September 25, 2022, and for the three and nine months ended September 25, 2022. The effects of the Restatement did not impact the Company’s reported revenue or cash flow for the nine months ended September 25, 2022, as a result of the premature recognition of revenue. The impacts of the premature revenue recognition are reflected in the restatement tables below as indicated by reference (a) throughout this note. The Company also corrected previously uncorrected misstatements that were not material, individually or in the aggregate, in the Restatement, which were only recorded in conjunction with correcting the misstatement related to the premature revenue recognition discussed above. The impacts of other adjustments are reflected in the restatement tables below as indicated by reference (b) throughout this note. Description of Misstatements An error was identified with respect to the application of the Company’s revenue recognition accounting policy within the STACYC segment for which the Company prematurely recognized revenue before the performance obligation to a certain customer was fully satisfied, resulting in revenue being recognized in the improper period. For this customer, there were two shipments of goods to fulfill the performance obligation, with lag time in between the shipments. The goods included within the separate shipments are not considered to be “distinct” individually under ASC 606, Revenue from Contracts with Customers, and were determined to be a single performance obligation. During certain periods in 2022, the Company delivered bikes to this customer without the associated batteries, which were required to be delivered in order for the Company to fulfill its performance obligation and recognize revenue for the sale of the bikes. The shipping delays associated with the batteries resulted in an overstatement of Revenue, net and related Cost of goods sold of $1,013 thousand and $640 thousand for the first quarter of 2022, respectively, $1,742 thousand and $1,047 thousand for the second quarter of 2022, respectively, and a corresponding understatement of Revenue, net and related Cost of goods sold of $2,755 thousand and $1,687 thousand for the third quarter of 2022, respectively, when the batteries were completely delivered and therefore the revenue recognition criteria for the bikes were satisfied. The Restatement adjusts Revenue, net and the related Cost of goods sold between interim periods to properly reflect revenue recognition in the period in which the performance obligation was fulfilled. For the nine months ended September 25, 2022, there was no change to the Company’s total reported Revenue, net, Cost of goods sold, or cash flow. Effects of adjustments on the restated unaudited interim financial statements The tables below show the effects of correction of the above mentioned adjustments in the Company’s previously issued unaudited quarterly financial statements. The tax effect of the restated adjustments was de minimis for the 2022 quarterly interim periods. The impact on the interim Consolidated statements of cash flows has resulted in reclassifications within the operating activities for all periods presented and no impact to total operating activities within the interim Consolidated statements of cash flows. CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (in thousands) (Unaudited) For the three months ended March 27, 2022 As Previously Adjustments Adjustment As Restated Revenue, net $ 11,414 $ (1,013 ) a $ 10,401 Cost of goods sold $ 10,488 $ (140 ) a,b $ 10,348 Selling, administrative and engineering expense $ 16,112 $ (360 ) b $ 15,752 Operating loss $ (15,186 ) $ (513 ) a,b $ (15,699 ) Loss before income taxes $ (15,398 ) $ (513 ) a,b $ (15,911 ) Net loss $ (15,466 ) $ (513 ) a,b $ (15,979 ) Comprehensive loss $ (15,566 ) $ (513 ) a,b $ (16,079 ) CONSOLIDATED BALANCE SHEETS (in thousands) (Unaudited) As of March 27, 2022 As Previously Adjustments Adjustment As Restated Accounts receivable, net $ 9,379 $ (858 ) a $ 8,521 Inventories, net $ 17,703 $ 640 a $ 18,343 Total current assets $ 42,358 $ (218 ) a $ 42,140 Property, plant and equipment, net $ 19,466 $ 134 b $ 19,600 Total assets $ 75,756 $ (84 ) a,b $ 75,672 Accrued liabilities $ 13,595 $ (70 ) a,b $ 13,525 Total current liabilities $ 40,738 $ (70 ) a,b $ 40,668 Total liabilities $ 52,845 $ (70 ) a,b $ 52,775 Net Parent company investment $ 22,866 $ (14 ) a,b $ 22,852 Total shareholders’ equity $ 22,911 $ (14 ) a,b $ 22,897 Total liabilities and shareholders’ equity $ 75,756 $ (84 ) a,b $ 75,672 CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (in thousands) (Unaudited) For the three months ended June 26, 2022 As Previously Adjustments Adjustment As Restated Revenue, net $ 14,248 $ (1,742 ) a $ 12,506 Cost of goods sold $ 14,699 $ (1,803 ) a,b $ 12,896 Selling, administrative and engineering expense $ 19,169 $ (203 ) b $ 18,966 Operating loss $ (19,620 ) $ 264 a,b $ (19,356 ) Loss before income taxes $ (19,747 ) $ 264 a,b $ (19,483 ) Net loss $ (19,842 ) $ 264 a,b $ (19,578 ) Comprehensive loss $ (19,836 ) $ 264 a,b $ (19,572 ) CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (in thousands) (Unaudited) For the six months ended June 26, 2022 As Previously Adjustments Adjustment As Restated Revenue, net $ 25,662 $ (2,755 ) a $ 22,907 Cost of goods sold $ 25,187 $ (1,943 ) a,b $ 23,244 Selling, administrative and engineering expense $ 35,281 $ (563 ) b $ 34,718 Operating loss $ (34,806 ) $ (249 ) a,b $ (35,055 ) Loss before income taxes $ (35,145 ) $ (249 ) a,b $ (35,394 ) Net loss $ (35,308 ) $ (249 ) a,b $ (35,557 ) Comprehensive loss $ (35,402 ) $ (249 ) a,b $ (35,651 ) CONSOLIDATED BALANCE SHEETS (in thousands) (Unaudited) As of June 26, 2022 As Previously Adjustments Adjustment As Restated Accounts receivable, net $ 5,339 $ (1,658 ) a $ 3,681 Inventories, net $ 25,834 $ 1,687 a $ 27,521 Total current assets $ 39,445 $ 29 a $ 39,474 Property, plant and equipment, net $ 22,817 $ 249 b $ 23,066 Total assets $ 76,929 $ 278 a,b $ 77,207 Accrued liabilities $ 13,353 $ 784 a,b $ 14,137 Total current liabilities $ 33,102 $ 784 a,b $ 33,886 Total liabilities $ 39,038 $ 784 a,b $ 39,822 Net Parent company investment $ 37,840 $ (506 ) a,b $ 37,334 Total shareholders’ equity $ 37,891 $ (506 ) a,b $ 37,385 Total liabilities and shareholders’ equity $ 76,929 $ 278 a,b $ 77,207 CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (in thousands) (Unaudited) For the three months ended September 25, 2022 As Previously Adjustments Adjustment As Restated Revenue, net $ 11,953 $ 2,755 a $ 14,708 Cost of goods sold $ 11,800 $ 1,943 a,b $ 13,743 Selling, administrative and engineering expense $ 22,111 $ (123 ) b $ 21,988 Operating loss $ (21,958 ) $ 935 a,b $ (21,023 ) Loss before income taxes $ (21,882 ) $ 935 a,b $ (20,947 ) Net loss $ (21,878 ) $ 935 a,b $ (20,943 ) Comprehensive loss $ (21,938 ) $ 935 a,b $ (21,003 ) CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (in thousands) (Unaudited) For the nine months ended September 25, 2022 As Previously Adjustments Adjustment As Restated Selling, administrative and engineering expense $ 57,392 $ (686 ) b $ 56,706 Operating loss $ (56,764 ) $ 686 b $ (56,078 ) Loss before income taxes $ (57,027 ) $ 686 b $ (56,341 ) Net loss $ (57,186 ) $ 686 b $ (56,500 ) Comprehensive loss $ (57,340 ) $ 686 b $ (56,654 ) CONSOLIDATED BALANCE SHEETS (in thousands) (Unaudited) As of September 25, 2022 As Previously Adjustments Adjustment As Restated Property, plant and equipment, net $ 26,111 $ 383 b $ 26,494 Total assets $ 182,379 $ 383 b $ 182,762 Accrued liabilities $ 15,538 $ (303 ) b $ 15,235 Total current liabilities $ 134,255 $ (303 ) b $ 133,952 Total liabilities $ 139,872 $ (303 ) b $ 139,569 Net Parent company investment $ 42,516 $ 686 b $ 43,202 Total shareholders’ equity $ 42,507 $ 686 b $ 43,193 Total liabilities and shareholders’ equity $ 182,379 $ 383 b $ 182,762

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Principles of Consolidation	Principles of Consolidation
Use of Estimates	Use of Estimates –
Cash and Cash Equivalents	Cash and Cash Equivalents
Concentrations of Credit Risk	Concentrations of Credit Risk
Accounts Receivable, net	Accounts Receivable, net H-D; non-performing
Inventories, net	Inventories, net first-in, first-out
Property, Plant and Equipment, net	Property, Plant and Equipment, net
Goodwill	Goodwill
Intangible Assets	Intangible Assets non-compete
Cloud Computing Arrangements	Cloud Computing Arrangements
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets
Research and Development Expenses	Research and Development Expenses
Advertising Costs	Advertising Costs
Shipping and Handling Costs	Shipping and Handling Costs
Income Taxes	Income Taxes H-D’s non-U.S. H-D
Warrant Liabilities	Warrant Liabilities Distinguishing Liabilities from Equity Derivatives and Hedging , re-measurement
New Accounting Standards	New Accounting Standards Recently Issued Accounting Pronouncements Management does not believe that any recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the Company’s financial statements.

Revenue (Tables)

Revenue (Tables)	12 Months Ended
	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	Disaggregated revenue, net by major source was as follows for the years ended December 31, (in thousands): 2022 2021 2020 Electric Motorcycles Electric motorcycles $ 13,171 $ 8,706 $ 12,846 Parts, accessories and apparel 828 999 1,473 $ 13,999 $ 9,705 $ 14,319 STACYC (1) Electric balance bikes $ 29,669 $ 23,130 $ 14,602 Parts, accessories and apparel 3,165 2,971 1,942 $ 32,834 $ 26,101 $ 16,544 Total Revenue, net $ 46,833 $ 35,806 $ 30,863

Business Combination (Tables)

Business Combination (Tables)	12 Months Ended
	Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]
Schedule of Reverse Capitalizations	The total number of shares of the Company’s common stock outstanding immediately following the Business Combination was comprised as follows: Shares ABIC public shares, prior to redemptions 40,000,000 Less: redemption of ABIC public shares (36,597,112 ) LiveWire public stockholders 3,402,888 Legacy LiveWire Equityholder (1) 161,000,000 H-D 10,000,000 H-D 10,000,000 KYMCO PIPE investment 10,000,000 ABIC sponsor stockholders (2) 8,000,000 Total shares outstanding at close 202,402,888 (1) Excludes 12,500,000 Common Stock in estimated potential earn out shares as the price threshold for each tranche has not yet been triggered. (2) Shares presented are net of 2,000,000 Sponsor forfeited shares and includes 25,000 shares of Common Stock held by John Replogle and 25,000 shares of Common Stock held by George Serafeim, each in his individual capacity. September 26, 2022 Cash - ABIC trust and cash, net of redemptions and ABIC transaction costs (1) $ 13,849 Cash - Legacy LiveWire Equityholder PIPE Investment 100,000 Cash - KYMCO PIPE Investment 100,000 Cash - H-D 100,000 Less: transaction costs and advisory fees incurred by H-D (20,132 ) Net cash proceeds from Business Combination 293,717 Less: Non-cash (13,420 ) Net equity infusion from Business Combination $ 280,297 (1) Proceeds from ABIC consisted of the $34,230 thousand of cash in the ABIC trust account and $240 thousand of cash in an ABIC operating bank account, less $20,621 thousand of ABIC transaction costs.

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Provision for Income Taxes	The income tax (benefit) provision for the years ended December 31, consists of the following (in thousands): 2022 2021 2020 Current: State $ — $ 56 $ 89 Foreign 66 104 170 Current income tax provision $ 66 $ 160 $ 259 Deferred: Federal $ (95 ) $ 61 $ 218 State (4 ) (81 ) (50 ) Foreign — (2 ) (70 ) Deferred income tax (benefit) provision (99 ) (22 ) 98 Total income tax (benefit) provision $ (33 ) $ 138 $ 357
Components of Income Before Taxes	The components of 2022 2021 2020 Domestic $ (79,262 ) $ (68,534 ) $ (77,611 ) Foreign 291 380 396 Loss before income taxes $ (78,971 ) $ (68,154 ) $ (77,215 )
Provision for Income Tax Rate to Statutory Rate Reconciliation	The reconciliation of the (benefit) provision for income taxes at the U.S. federal statutory income tax rate of 21% to the Company’s income tax (benefit) provision for the years ended December 31, is shown below (in thousands): 2022 2021 2020 Benefit at statutory rate $ (16,584 ) $ (14,312 ) $ (16,213 ) State taxes, net of federal benefit (1,367 ) (1,139 ) (1,372 ) Foreign rate differential 5 8 5 Nondeductible expenses 43 420 — Unrecognized tax benefits including interest and penalties — 6 11 Unbenefited losses 11,582 14,770 17,337 Valuation allowance 7,397 380 578 Change in value of warrants (1,144 ) — — Other 35 5 11 Income tax (benefit) provision $ (33 ) $ 138 $ 357
Principal Components of the Company's Deferred Tax Assets and Liabilities	The principal components of the Company’s deferred income tax assets and liabilities as of December 31, include the following (in thousands): 2022 2021 Deferred tax assets: Capitalized research & experimental expenditures $ 7,158 $ — Accruals not yet tax deductible 615 2,379 Stock compensation 524 67 Net operating loss and credit carryforwards — 1 UNICAP 1 11 Amortization, book in excess of tax 946 258 Lease liability 733 812 Other — 346 Deferred tax assets before valuation allowance 9,977 3,874 Less: Valuation allowance (8,312 ) (915 ) Total deferred tax assets 1,665 2,959 Deferred tax liabilities: Depreciation, tax in excess of book $ (620 ) $ (2,283 ) Amortization, tax in excess of book (349 ) — Right-of-use (711 ) (790 ) Total deferred liabilities (1,680 ) (3,073 ) Net deferred tax liability $ (15 ) $ (114 )
Summary of Unrecognized Tax Benefits	The Company recognizes interest and penalties related to unrecognized tax benefits in the income tax (benefit) provision. Changes in the Company’s gross liability for unrecognized tax benefits, excluding interest and penalties, were as follows (in thousands): 2022 2021 Unrecognized tax benefits, beginning of period $ — $ — Increase in unrecognized tax benefits for tax positions take in prior period 162 — Unrecognized tax benefits, end of period $ 162 $ —

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Reconciliation of Earnings Per Share Basic and Diluted	Computation of basic and diluted earnings per share for the years ended December 31, was as follows (in thousands, except per share amounts): 2022 2021 2020 Net Loss $ (78,938 ) $ (68,292 ) $ (77,572 ) Basic weighted-average shares outstanding 172,003 161,000 161,000 Effect of dilutive securities – Warrants — — — Effect of dilutive securities – employee stock compensation plan — — — Diluted weighted-average shares outstanding 172,003 161,000 161,000 Earnings per share: Basic $ (0.46 ) $ (0.42 ) $ (0.48 ) Diluted $ (0.46 ) $ (0.42 ) $ (0.48 )

Additional Balance Sheet Info_2

Additional Balance Sheet Information (Tables)	12 Months Ended
	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Inventories, Net	Inventories, net consisted of the following as of December 31, (in thousands): 2022 2021 Raw materials and work in process $ 48 $ 5,233 Electric motorcycles and electric balance bikes 25,291 8,636 Parts and accessories and apparel 3,876 2,928 Inventories, net $ 29,215 $ 16,797
Schedule of Property, Plant and Equipment, at Cost	Property, plant and equipment, net consisted of the following as of December 31, (in thousands): 2022 2021 Construction in progress $ 26,362 $ 9,746 Tooling 9,874 10,155 Machinery and equipment 3,488 3,317 Software 2,799 2,798 Leasehold improvements 1,635 1,266 44,158 27,282 Accumulated depreciation (12,591 ) (9,388 ) Property, plant and equipment, net $ 31,567 $ 17,894
Schedule of Accrued Liabilities	Accrued liabilities consisted of the following as of December 31, (in thousands): 2022 2021 Payroll and employee benefits $ 4,641 $ 6,129 Engineering 4,377 2,680 Warranty and recalls 397 720 Deferred revenue 163 1,644 Sales incentives — 795 Taxes 352 918 Accrued capital expenditures 7,748 — Other 2,665 2,688 Accrued liabilities $ 20,343 $ 15,574

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets Other than Goodwill	Intangible assets at December 31, were as follows (in thousands): 2022 2021 Gross Accumulated Net Carrying Gross Accumulated Net Carrying Trademarks $ 2,500 $ (958 ) $ 1,542 $ 2,500 $ (708 ) $ 1,792 Non-compete 640 (491 ) 149 640 (363 ) 277 Others 440 (322 ) 118 440 (238 ) 202 $ 3,580 $ (1,771 ) $ 1,809 $ 3,580 $ (1,309 ) $ 2,271
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	Future amortization of the Company’s intangible assets as of December 31, 2022 is as follows (in thousands): 2023 462 2024 289 2025 254 2026 254 2027 254 Thereafter 296 $ 1,809

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Schedule of Balance Sheet Information Related to Leases	Balance sheet information related to the Company’s leases at December 31, was as follows (in thousands): 2022 2021 Assets: Lease assets $ 3,128 $ 3,471 Liabilities: Current portion of lease liabilities $ 1,312 $ 1,146 Long-term portion of lease liabilities 1,913 2,423 Total lease liabilities $ 3,225 $ 3,569
Schedule of Lease Costs and Other Lease Information	The following table presents the components of lease costs as of December 31, (in thousands): Lease Cost 2022 2021 2020 Operating lease cost $ 1,300 $ 1,008 $ 817 Short-term lease cost 37 291 156 Variable lease cost 143 141 130 Net lease cost $ 1,480 $ 1,440 $ 1,103 Other lease information surrounding the Company’s operating leases as of December 31, was as follows (dollars in thousands): 2022 2021 2020 Cash outflows for amounts included in the measurement of lease liabilities $ 1,300 $ 924 $ 819 ROU assets obtained in exchange for lease obligations $ 910 $ 3,940 $ — Lease modifications $ — $ — $ (83 ) Weighted-average remaining lease term (in years) 2.80 3.26 0.74 Weighted-average discount rate 2.35 % 1.29 % 3.66 %
Schedule of Future Maturities of Lease Liabilities	Future maturities of the Company’s operating lease liabilities as of December 31, 2022 were as follows (in thousands): Future lease payments: 2023 $ 1,373 2024 1,160 2025 446 2026 277 2027 97 Thereafter — 3,353 Present value discount (128 ) Lease liabilities $ 3,225

Product Warranty and Recall C_2

Product Warranty and Recall Campaigns (Tables)	12 Months Ended
	Dec. 31, 2022
Guarantees and Product Warranties [Abstract]
Schedule of Warranty and Recall Liability	Changes in the Company’s warranty and recall liability were as follows as of December 31, (in thousands): 2022 2021 Balance, beginning of period $ 1,095 $ 778 Warranties issued during the period 714 575 Settlements made during the period (616 ) (933 ) Currency Translation Adjustments (76 ) (1 ) Recalls and changes to pre-existing 236 676 Transaction related adjustment (1) (787 ) — Balance, end of period $ 566 $ 1,095 (1) In connection with the Separation and Business Combination, $787 thousand of warranties and recall liabilities were retained by H-D pre-transaction H-D

Share-Based Awards (Tables)

Share-Based Awards (Tables)	12 Months Ended
	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
Schedule of Fair Value of Performance Shares	Assumptions used to calculate the grant date fair value of the performance shares granted during 2022 were as follows: December 2022 Expected volatility 76.76 % Risk-free interest rate 3.89 %
Schedule of Restricted Stock Units and Performance Shares	The activity for these awards for the year ended December 31, 2022 was as follows (in thousands, expect for per share amounts): Time-Based RSUs Performance Total RSUs Weighted-Average Nonvested, beginning of period — — — $ — Granted 1,870 625 2,495 $ 7.34 Vested — — — $ — Forfeited — — — $ — Nonvested, end of period 1,870 625 2,495 $ 7.34 As of December 31, 2022, there was $17,810 thousand of unrecognized compensation cost related to RSUs settled in stock that is expected to be recognized over a weighted-average period of 2.83 years. Restricted Stock Units - Settled in Cash The activity for these awards for the year ended December 31, 2022 was as follows (in thousands, except for per share amounts): Time-Based RSUs Performance Total RSUs Weighted-Average Nonvested, beginning of period — — — $ — Granted 64 24 88 $ 7.52 Vested — — — $ — Forfeited — — — $ — Nonvested, end of period 64 24 88 $ 7.52 As of December 31, 2022, there was $521 thousand of unrecognized compensation cost related to RSUs settled in cash that is expected to be recognized over a weighted-average period of 2.92 years. The activity for these awards for the year ended December 31, 2022 was as follows (in thousands, except for per share amounts): Shares & Weighted-Average Nonvested, beginning of period — $ — Awards transferred to cash payment 76 $ 33 Granted 44 $ 43 Vested (36 ) $ 36 Forfeited (11 ) $ 37 Nonvested, end of period 73 $ 38

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	Net contributions from H-D For the 9 months For the 12 months For the 12 months Net contribution from H-D H-D September 25, December 31, December 31, Net contribution from H-D $ 79,922 $ 86,279 $ 57,562 Settlement of notes payable to related party and accrued interest (21,610 ) — — Transfer of assets to H-D 568 — — Net change in unbenefited losses remaining with H-D — — (1,198 ) Stock compensation expense 171 (786 ) (188 ) Transfers from H-D $ 59,051 $ 85,493 $ 56,176 The Notes payable to related party presented on the Consolidated balance sheets included the following accrued interest amounts (in thousands): For the 12 months ended For the 12 months ended Current portion of notes payable to related party $ — $ 3 Long-term portion of notes payable to related party — 366 $ — $ 369

Reportable Segments and Geogr_2

Reportable Segments and Geographic Information (Tables)	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Schedule of Information By Industry Segment	Selected segment information is set forth below for the years ended December 31, (in thousands): 2022 2021 2020 Electric Motorcycles Electric motorcycles, parts and accessories and apparel revenue, net $ 13,999 $ 9,705 $ 14,319 Cost of goods sold 23,268 22,006 45,742 Selling, administrative and engineering expense 79,836 57,996 43,033 Operating loss (89,105 ) (70,297 ) (74,456 ) STACYC Electric balance bikes, parts and accessories and apparel revenue, net 32,834 26,101 16,544 Cost of goods sold 20,661 16,374 10,077 Selling, administrative and engineering expense 8,023 7,612 9,066 Operating income (loss) 4,150 2,115 (2,599 ) Operating loss $ (84,955 ) $ (68,182 ) $ (77,055 ) Additional segment information is set forth below as of December 31, (in thousands): Electric STACYC Consolidated 2022: Assets $ 323,108 $ 28,697 $ 351,805 Goodwill $ 7,668 $ 659 $ 8,327 Depreciation and amortization $ 3,882 $ 519 $ 4,401 Capital expenditures $ 14,081 $ — $ 14,081 2021: Assets $ 38,762 $ 23,190 $ 61,952 Goodwill $ 7,668 $ 659 $ 8,327 Depreciation and amortization $ 4,220 $ 498 $ 4,718 Capital expenditures $ 9,792 $ 159 $ 9,951 2020: Assets $ 31,627 $ 20,113 $ 51,740 Goodwill $ 7,668 $ 659 $ 8,327 Depreciation and amortization $ 3,399 $ 543 $ 3,942 Capital expenditures $ 3,210 $ 33 $ 3,243
Schedule of Segment Information By Geographical Locations	Geographic Information 2022 2021 2020 Revenue, net (1) United States $ 36,256 $ 24,633 $ 21,462 International 10,577 11,173 9,401 $ 46,833 $ 35,806 $ 30,863 Long-lived assets (2) United States $ 31,567 $ 17,894 $ 11,860 International — — — $ 31,567 $ 17,894 $ 11,860 (1) Revenue is attributed to geographic regions based on location of customer. (2) Long-lived assets include all long-term assets except those specifically excluded under Segment Reporting

Restatement of Unaudited Inte_2

Restatement of Unaudited Interim Financial Statements (Tables)	12 Months Ended
	Dec. 31, 2022
Accounting Changes and Error Corrections [Abstract]
Schedule of Error Corrections and Prior Period Adjustments	The tables below show the effects of correction of the above mentioned adjustments in the Company’s previously issued unaudited quarterly financial statements. The tax effect of the restated adjustments was de minimis for the 2022 quarterly interim periods. The impact on the interim Consolidated statements of cash flows has resulted in reclassifications within the operating activities for all periods presented and no impact to total operating activities within the interim Consolidated statements of cash flows. CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (in thousands) (Unaudited) For the three months ended March 27, 2022 As Previously Adjustments Adjustment As Restated Revenue, net $ 11,414 $ (1,013 ) a $ 10,401 Cost of goods sold $ 10,488 $ (140 ) a,b $ 10,348 Selling, administrative and engineering expense $ 16,112 $ (360 ) b $ 15,752 Operating loss $ (15,186 ) $ (513 ) a,b $ (15,699 ) Loss before income taxes $ (15,398 ) $ (513 ) a,b $ (15,911 ) Net loss $ (15,466 ) $ (513 ) a,b $ (15,979 ) Comprehensive loss $ (15,566 ) $ (513 ) a,b $ (16,079 ) CONSOLIDATED BALANCE SHEETS (in thousands) (Unaudited) As of March 27, 2022 As Previously Adjustments Adjustment As Restated Accounts receivable, net $ 9,379 $ (858 ) a $ 8,521 Inventories, net $ 17,703 $ 640 a $ 18,343 Total current assets $ 42,358 $ (218 ) a $ 42,140 Property, plant and equipment, net $ 19,466 $ 134 b $ 19,600 Total assets $ 75,756 $ (84 ) a,b $ 75,672 Accrued liabilities $ 13,595 $ (70 ) a,b $ 13,525 Total current liabilities $ 40,738 $ (70 ) a,b $ 40,668 Total liabilities $ 52,845 $ (70 ) a,b $ 52,775 Net Parent company investment $ 22,866 $ (14 ) a,b $ 22,852 Total shareholders’ equity $ 22,911 $ (14 ) a,b $ 22,897 Total liabilities and shareholders’ equity $ 75,756 $ (84 ) a,b $ 75,672 CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (in thousands) (Unaudited) For the three months ended June 26, 2022 As Previously Adjustments Adjustment As Restated Revenue, net $ 14,248 $ (1,742 ) a $ 12,506 Cost of goods sold $ 14,699 $ (1,803 ) a,b $ 12,896 Selling, administrative and engineering expense $ 19,169 $ (203 ) b $ 18,966 Operating loss $ (19,620 ) $ 264 a,b $ (19,356 ) Loss before income taxes $ (19,747 ) $ 264 a,b $ (19,483 ) Net loss $ (19,842 ) $ 264 a,b $ (19,578 ) Comprehensive loss $ (19,836 ) $ 264 a,b $ (19,572 ) CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (in thousands) (Unaudited) For the six months ended June 26, 2022 As Previously Adjustments Adjustment As Restated Revenue, net $ 25,662 $ (2,755 ) a $ 22,907 Cost of goods sold $ 25,187 $ (1,943 ) a,b $ 23,244 Selling, administrative and engineering expense $ 35,281 $ (563 ) b $ 34,718 Operating loss $ (34,806 ) $ (249 ) a,b $ (35,055 ) Loss before income taxes $ (35,145 ) $ (249 ) a,b $ (35,394 ) Net loss $ (35,308 ) $ (249 ) a,b $ (35,557 ) Comprehensive loss $ (35,402 ) $ (249 ) a,b $ (35,651 ) CONSOLIDATED BALANCE SHEETS (in thousands) (Unaudited) As of June 26, 2022 As Previously Adjustments Adjustment As Restated Accounts receivable, net $ 5,339 $ (1,658 ) a $ 3,681 Inventories, net $ 25,834 $ 1,687 a $ 27,521 Total current assets $ 39,445 $ 29 a $ 39,474 Property, plant and equipment, net $ 22,817 $ 249 b $ 23,066 Total assets $ 76,929 $ 278 a,b $ 77,207 Accrued liabilities $ 13,353 $ 784 a,b $ 14,137 Total current liabilities $ 33,102 $ 784 a,b $ 33,886 Total liabilities $ 39,038 $ 784 a,b $ 39,822 Net Parent company investment $ 37,840 $ (506 ) a,b $ 37,334 Total shareholders’ equity $ 37,891 $ (506 ) a,b $ 37,385 Total liabilities and shareholders’ equity $ 76,929 $ 278 a,b $ 77,207 CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (in thousands) (Unaudited) For the three months ended September 25, 2022 As Previously Adjustments Adjustment As Restated Revenue, net $ 11,953 $ 2,755 a $ 14,708 Cost of goods sold $ 11,800 $ 1,943 a,b $ 13,743 Selling, administrative and engineering expense $ 22,111 $ (123 ) b $ 21,988 Operating loss $ (21,958 ) $ 935 a,b $ (21,023 ) Loss before income taxes $ (21,882 ) $ 935 a,b $ (20,947 ) Net loss $ (21,878 ) $ 935 a,b $ (20,943 ) Comprehensive loss $ (21,938 ) $ 935 a,b $ (21,003 ) CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (in thousands) (Unaudited) For the nine months ended September 25, 2022 As Previously Adjustments Adjustment As Restated Selling, administrative and engineering expense $ 57,392 $ (686 ) b $ 56,706 Operating loss $ (56,764 ) $ 686 b $ (56,078 ) Loss before income taxes $ (57,027 ) $ 686 b $ (56,341 ) Net loss $ (57,186 ) $ 686 b $ (56,500 ) Comprehensive loss $ (57,340 ) $ 686 b $ (56,654 ) CONSOLIDATED BALANCE SHEETS (in thousands) (Unaudited) As of September 25, 2022 As Previously Adjustments Adjustment As Restated Property, plant and equipment, net $ 26,111 $ 383 b $ 26,494 Total assets $ 182,379 $ 383 b $ 182,762 Accrued liabilities $ 15,538 $ (303 ) b $ 15,235 Total current liabilities $ 134,255 $ (303 ) b $ 133,952 Total liabilities $ 139,872 $ (303 ) b $ 139,569 Net Parent company investment $ 42,516 $ 686 b $ 43,202 Total shareholders’ equity $ 42,507 $ 686 b $ 43,193 Total liabilities and shareholders’ equity $ 182,379 $ 383 b $ 182,762

Description of Business and B_2

Description of Business and Basis of Presentation (Details) $ / shares in Units, $ in Thousands		12 Months Ended
	Sep. 26, 2022 USD ($) $ / shares shares	Dec. 31, 2022 segment $ / shares shares	Dec. 31, 2021 shares	Sep. 23, 2022 $ / shares
Business Acquisition
Recapitalization exchange ratio	1
Common stock stated value per share (in dollars per share) | $ / shares	$ 0.0001	$ 0.0001
Common stock sold ( in shares)	161,000,000		161,000,000
Cash | $	$ 34,000
Common stock issued (in shares)	202,402,888	202,403
Common stock, share outstanding (in shares)	202,402,888	202,403
Number of reportable segments | segment		2
Class B Ordinary Shares
Business Acquisition
Shares forfeited (in shares)	2,000,000
Common Class A
Business Acquisition
Shares repurchased ( in shares)	36,597,112
Shares repurchased | $	$ 368,100
Earn Out Shares
Business Acquisition
Derivative instrument, contingent consideration, liability (in shares)	12,500,000
Back Stop Share
Business Acquisition
Derivative instrument, contingent consideration, liability (in shares)	10,000,000
Derivative instrument, contingent consideration, liability | $	$ 100,000
Derivative instrument, contingent consideration, liability (in dollars per shares) | $ / shares				$ 10
ABIC | Class B Ordinary Shares
Business Acquisition
Reverse capitalization, stock converted (in shares)	7,950,000
KYMCO Group
Business Acquisition
Common stock sold ( in shares)	10,000,000
Sale of stock, price (in dollars per share) | $ / shares				10
Proceeds sale | $	$ 100,000
Legacy Live Wire
Business Acquisition
Common stock sold ( in shares)	10,000,000
Sale of stock, price (in dollars per share) | $ / shares				$ 10
Proceeds sale | $	$ 100,000
Harley Davidson
Business Acquisition
Common stock sold ( in shares)	10,000,000
Proceeds sale | $	$ 100,000
Harley Davidson | Affiliated Entity
Business Acquisition
Payment of advisory fees | $	$ 20,100
ABIC
Business Acquisition
Recapitalization exchange ratio				1
Common stock stated value per share (in dollars per share) | $ / shares				$ 0.0001
Common stock, share outstanding (in shares)	40,000,000
ABIC | Common Class A
Business Acquisition
Shares repurchased ( in shares)	36,597,112
Shares redeemed, per share (in dollars per share) | $ / shares	$ 10.06
Shares repurchased | $	$ 368,100

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Narratives (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment
Allowance for doubtful accounts receivable	$ 211,000	$ 66,000
Capitalized software cost, net of accumulated amortization	4,930,000	0	$ 0
Software, amortization	35,000	0	0
Research and development expenses	35,612,000	35,308,000	23,036,000
Advertising costs	$ 7,940,000	$ 5,344,000	$ 2,602,000
Accounts Receivable | Customer Concentration Risk | KTM
Property, Plant and Equipment
Concentration risk (as a percent)	36.20%	23.30%
Leasehold improvements
Property, Plant and Equipment
Useful lives of property, plant and equipment (in years)	7 years
Machinery and equipment | Minimum
Property, Plant and Equipment
Useful lives of property, plant and equipment (in years)	5 years
Machinery and equipment | Maximum
Property, Plant and Equipment
Useful lives of property, plant and equipment (in years)	10 years
Tooling and software | Minimum
Property, Plant and Equipment
Useful lives of property, plant and equipment (in years)	3 years
Tooling and software | Maximum
Property, Plant and Equipment
Useful lives of property, plant and equipment (in years)	7 years

Revenue - Disaggregation of Rev

Revenue - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended	12 Months Ended
	Sep. 25, 2022	Jun. 26, 2022	Mar. 27, 2022	Jun. 26, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disaggregation of Revenue
Revenue, net	$ 14,708	$ 12,506	$ 10,401	$ 22,907	$ 46,833	$ 35,806	$ 30,863
Electric Motorcycles
Disaggregation of Revenue
Revenue, net					13,999	9,705	14,319
STACYC
Disaggregation of Revenue
Revenue, net					32,834	26,101	16,544
Electric motorcycles | Electric Motorcycles
Disaggregation of Revenue
Revenue, net					13,171	8,706	12,846
Parts, accessories and apparel | Electric Motorcycles
Disaggregation of Revenue
Revenue, net					828	999	1,473
Parts, accessories and apparel | STACYC
Disaggregation of Revenue
Revenue, net					3,165	2,971	1,942
Electric balance bikes | STACYC
Disaggregation of Revenue
Revenue, net					$ 29,669	$ 23,130	$ 14,602

Revenue - Narrative (Details)

Revenue - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disaggregation of Revenue
Deferred revenue	$ 163	$ 1,644
Deferred revenue on consolidated balance sheet	1,644	$ 149
Remaining unearned revenue	$ 163
Revenue adjustment amount			$ 15,271

Business Combination - Narrativ

Business Combination - Narrative (Details) $ / shares in Units, $ in Thousands		12 Months Ended
	Sep. 26, 2022 USD ($) TRADING_DAY $ / shares shares	Dec. 31, 2022 USD ($) shares	Sep. 25, 2022 USD ($)
Business Acquisition
Net proceeds	$ 293,717	$ 293,700
Cash acquired through reverse capitalization	13,849
Share redemption, value	$ 368,100
Common stock, share outstanding (in shares) | shares	202,402,888	202,403
Common Class A
Business Acquisition
Shares repurchased ( in shares) | shares	36,597,112
Shares repurchased	$ 368,100
ABIC
Business Acquisition
Common stock, share outstanding (in shares) | shares	40,000,000
ABIC | Common Class A
Business Acquisition
Shares repurchased ( in shares) | shares	36,597,112
Shares repurchased	$ 368,100
Shares repurchased ( in dollars per share) | $ / shares	$ 10.06
Earn Out Shares
Business Acquisition
Derivative instrument, contingent consideration, liability (in shares) | shares	12,500,000
Earn Out Shares | Derivative Instrument, Period, One
Business Acquisition
Derivative instrument, contingent consideration, liability (in shares) | shares	6,250,000
Trigger price (in dollars per share) | $ / shares	$ 14
Trading days | TRADING_DAY	20
Consecutive trading days | TRADING_DAY	30
Earn Out Shares | Derivative Instrument, Period, Two
Business Acquisition
Derivative instrument, contingent consideration, liability (in shares) | shares	6,250,000
Trigger price (in dollars per share) | $ / shares	$ 18
Trading days | TRADING_DAY	20
Consecutive trading days | TRADING_DAY	30
Back Stop Share
Business Acquisition
Derivative instrument, contingent consideration, liability	$ 100,000
Derivative instrument, contingent consideration, liability (in shares) | shares	10,000,000
KYMCO Group
Business Acquisition
Proceeds sale	$ 100,000
Harley Davidson
Business Acquisition
Proceeds sale	100,000
Payments of reverse capitalization	20,132
Assets retained by acquiror			$ 8,192
Liabilities retained by acquiror			$ 13,375
Accounts receivable retained by acquiror		$ 339
Inventories retained by acquiror		7,576
Other current assets retained by acquiror		205
Deferred tax assets retained by acquiror		72
Accounts payable retained by acquiror		4,427
Accrued liabilities retained by acquiror		5,184
Deferred tax liabilities retained by acquiror		46
Long-term supplier liability retained by acquiror		3,435
Other long-term liabilities retained by acquiror		283
Adjustment transferred to additional paid-in capital retained by acquiror		$ 5,183
ABIC
Business Acquisition
Net proceeds	34,230
Proceeds sale	240
Transaction cost	20,600
Payments of reverse capitalization	$ 20,621

Business Combination - Schedule

Business Combination - Schedule of Common Stock Outstanding (Details) - shares		12 Months Ended
	Sep. 26, 2022	Dec. 31, 2022	Dec. 31, 2021
Business Acquisition
Common stock, share outstanding (in shares)	202,402,888	202,403
Common stock sold ( in shares)	161,000,000		161,000,000
Back Stop Share
Business Acquisition
Derivative instrument, contingent consideration, liability (in shares)	10,000,000
Earn Out Shares
Business Acquisition
Derivative instrument, contingent consideration, liability (in shares)	12,500,000
LiveWire public stockholders
Business Acquisition
Shares issued for acquisition	3,402,888
Legacy LiveWire Equityholder
Business Acquisition
Shares issued for acquisition	161,000,000
Harley Davidson
Business Acquisition
Common stock sold ( in shares)	10,000,000
KYMCO Group
Business Acquisition
Common stock sold ( in shares)	10,000,000
ABIC
Business Acquisition
Shares issued for acquisition	8,000,000
Forfeited (in shares)		2,000,000
John Replogle
Business Acquisition
Forfeited (in shares)		25,000
George Serafeim
Business Acquisition
Forfeited (in shares)		25,000
Common Class A
Business Acquisition
Less: redemption of ABIC public shares	(36,597,112)
ABIC
Business Acquisition
Common stock, share outstanding (in shares)	40,000,000
ABIC | Common Class A
Business Acquisition
Less: redemption of ABIC public shares	(36,597,112)

Business Combination - Reconcil

Business Combination - Reconciles the Business Combination to the Consolidated Statement of Cash Flows (Details) - USD ($) $ in Thousands		12 Months Ended
	Sep. 26, 2022	Dec. 31, 2022
Business Acquisition
Cash acquired through reverse capitalization	$ 13,849
Net cash proceeds from Business Combination	293,717	$ 293,700
Less: Non-cash fair value of Public Warrants and Private Placement Warrants	(13,420)
Redemption amount	280,297
Back Stop Share
Business Acquisition
Derivative instrument, contingent consideration, liability	100,000
Harley Davidson
Business Acquisition
Proceeds sale	100,000
Less: transaction costs and advisory fees incurred by H-D	(20,132)
KYMCO Group
Business Acquisition
Proceeds sale	$ 100,000

Income Taxes - Provision For In

Income Taxes - Provision For Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Current:
State	$ 0	$ 56	$ 89
Foreign	66	104	170
Current income tax provision	66	160	259
Deferred:
Federal	(95)	61	218
State	(4)	(81)	(50)
Foreign	0	(2)	(70)
Deferred income tax (benefit) provision	(99)	(22)	98
Total income tax (benefit) provision	$ (33)	$ 138	$ 357

Income Taxes - Components Of In

Income Taxes - Components Of Income Before Taxes (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended	9 Months Ended	12 Months Ended
	Sep. 25, 2022	Jun. 26, 2022	Mar. 27, 2022	Jun. 26, 2022	Sep. 25, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Domestic						$ (79,262)	$ (68,534)	$ (77,611)
Foreign						291	380	396
Loss before income taxes	$ (20,947)	$ (19,483)	$ (15,911)	$ (35,394)	$ (56,341)	$ (78,971)	$ (68,154)	$ (77,215)

Income Taxes - Provision For _2

Income Taxes - Provision For Income Tax Rate To Statutory Rate Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Effective Income Tax Rate Reconciliation, Percent [Abstract]
Benefit at statutory rate	$ (16,584)	$ (14,312)	$ (16,213)
State taxes, net of federal benefit	(1,367)	(1,139)	(1,372)
Foreign rate differential	5	8	5
Nondeductible expenses	43	420	0
Unrecognized tax benefits including interest and penalties	0	6	11
Unbenefited losses	11,582	14,770	17,337
Valuation allowance	7,397	380	578
Change in value of warrants	(1,144)	0	0
Other	35	5	11
Total income tax (benefit) provision	$ (33)	$ 138	$ 357

Income Taxes - Principal Compon

Income Taxes - Principal Components Of The Company's Deferred Tax Assets And Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Deferred tax assets:
Capitalized research & experimental expenditures	$ 7,158	$ 0
Accruals not yet tax deductible	615	2,379
Stock compensation	524	67
Net operating loss and credit carryforwards	0	1
UNICAP	1	11
Amortization, book in excess of tax	946	258
Lease liability	733	812
Other	0	346
Deferred tax assets before valuation allowance	9,977	3,874
Less: Valuation allowance	(8,312)	(915)
Total deferred tax assets	1,665	2,959
Deferred tax liabilities:
Depreciation, tax in excess of book	(620)	(2,283)
Amortization, tax in excess of book	(349)	0
Right-of-use asset	(711)	(790)
Total deferred liabilities	(1,680)	(3,073)
Net deferred tax liability	$ (15)	$ (114)

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Sep. 26, 2022	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Unrecognized tax benefits	$ 0	$ 0
Gross benefits related to interest and penalties	0	0		$ 0
Unrecognized tax benefits including interest and penalties	$ 0	$ 0
Operating loss carryforwards			$ 3,764,000
Operating loss carryforwards, valuation allowance			$ 3,764,000

Income Taxes - Changes In Gross

Income Taxes - Changes In Gross Liability For Unrecognized Tax Benefits Excluding Interest And Penalties (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Unrecognized Tax Benefits
Unrecognized tax benefits, beginning of period	$ 0	$ 0
Increase in unrecognized tax benefits for tax positions take in prior period	162	0
Unrecognized tax benefits, end of period	$ 162	$ 0

Earnings Per Share - Computatio

Earnings Per Share - Computation of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended				6 Months Ended	9 Months Ended	12 Months Ended
	Dec. 31, 2022	Sep. 25, 2022	Jun. 26, 2022	Mar. 27, 2022	Jun. 26, 2022	Sep. 25, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Numerator:
Net loss	$ (22,438)	$ (20,943)	$ (19,578)	$ (15,979)	$ (35,557)	$ (56,500)	$ (78,938)	$ (68,292)	$ (77,572)
Denominator:
Weighted average number of shares outstanding, basic (in shares)							172,003	161,000	161,000
Incremental common shares attributable to dilutive effect of call options and warrants (in shares)							0	0	0
Effect of dilutive securities – employee stock compensation plan (in shares)							0	0	0
Diluted weighted-average shares outstanding (in shares)							172,003	161,000	161,000
Earnings per share:
Basic (in dollars per share)							$ (0.46)	$ (0.42)	$ (0.48)
Net loss per share, diluted (in dollars per share)							$ (0.46)	$ (0.42)	$ (0.48)

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Details) - shares		12 Months Ended
	Sep. 26, 2022	Dec. 31, 2022	Dec. 31, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common stock sold ( in shares)	161,000,000		161,000,000
Antidilutive securities (in shares)		51,788,000
Employee Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities (in shares)		19,000

Additional Balance Sheet Info_3

Additional Balance Sheet Information - Schedule of Inventories, Net (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Jun. 26, 2022	Mar. 27, 2022	Dec. 31, 2021
Inventory [Line Items]
Raw materials and work in process	$ 48			$ 5,233
Parts and accessories and apparel	3,876			2,928
Inventories, net	29,215	$ 27,521	$ 18,343	16,797
Electric motorcycles and electric balance bikes
Inventory [Line Items]
Electric motorcycles and electric balance bikes	$ 25,291			$ 8,636

Additional Balance Sheet Info_4

Additional Balance Sheet Information - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Sep. 25, 2022	Jun. 26, 2022	Mar. 27, 2022
Inventory [Line Items]
Inventory valuation reserves	$ 1,320	$ 7,021
Prepaid expense	3,700	3,025
Depreciation	3,939	4,256	$ 3,480
Property, plant and equipment, net	31,567	17,894		$ 26,494	$ 23,066	$ 19,600
Capital expenditures incurred but not paid	7,748	3,651	$ 2,461
Long-term supplier liability	0	5,330
Software
Inventory [Line Items]
Property, plant and equipment, net	$ 1,309	$ 2,242

Additional Balance Sheet Info_5

Additional Balance Sheet Information - Property, Plant And Equipment, At Cost (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Sep. 25, 2022	Jun. 26, 2022	Mar. 27, 2022	Dec. 31, 2021
Property, Plant and Equipment
Property, plant and equipment, gross	$ 44,158				$ 27,282
Accumulated depreciation	(12,591)				(9,388)
Total property, plant and equipment, net	31,567	$ 26,494	$ 23,066	$ 19,600	17,894
Construction in progress
Property, Plant and Equipment
Property, plant and equipment, gross	26,362				9,746
Tooling
Property, Plant and Equipment
Property, plant and equipment, gross	9,874				10,155
Machinery and equipment
Property, Plant and Equipment
Property, plant and equipment, gross	3,488				3,317
Software
Property, Plant and Equipment
Property, plant and equipment, gross	2,799				2,798
Total property, plant and equipment, net	1,309				2,242
Leasehold improvements
Property, Plant and Equipment
Property, plant and equipment, gross	$ 1,635				$ 1,266

Additional Balance Sheet Info_6

Additional Balance Sheet Information - Accrued Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Sep. 25, 2022	Jun. 26, 2022	Mar. 27, 2022	Dec. 31, 2021
Accrued Liabilities
Payroll and employee benefits	$ 4,641				$ 6,129
Engineering	4,377				2,680
Warranty and recalls	397				720
Deferred revenue	163				1,644
Sales incentives	0				795
Taxes	352				918
Accrued capital expenditures	7,748				0
Other	2,665				2,688
Total accrued liabilities	$ 20,343	$ 15,235	$ 14,137	$ 13,525	$ 15,574

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Goodwill
Goodwill	$ 8,327	$ 8,327	$ 8,327
Weighted-average amortization period	8 years 6 months
Amortization of intangible assets, net, excluding goodwill	$ 1,809
Trademarks
Goodwill
Estimated useful lives	10 years
Noncompete Agreements
Goodwill
Estimated useful lives	5 years
Others
Goodwill
Estimated useful lives	5 years 6 months
Selling, Administrative and Engineering Expenses
Goodwill
Amortization of intangible assets, net, excluding goodwill	$ 462	$ 462	$ 462
Minimum
Goodwill
Estimated useful lives	5 years
Maximum
Goodwill
Estimated useful lives	10 years

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Schedule of Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets
Gross Carrying Value	$ 3,580	$ 3,580
Accumulated Amortization	(1,771)	(1,309)
Net Carrying Value	1,809	2,271
Trademarks
Finite-Lived Intangible Assets
Gross Carrying Value	2,500	2,500
Accumulated Amortization	(958)	(708)
Net Carrying Value	1,542	1,792
Non-compete agreement
Finite-Lived Intangible Assets
Gross Carrying Value	640	640
Accumulated Amortization	(491)	(363)
Net Carrying Value	149	277
Others
Finite-Lived Intangible Assets
Gross Carrying Value	440	440
Accumulated Amortization	(322)	(238)
Net Carrying Value	$ 118	$ 202

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets - Schedule of Finite-Lived Intangible Assets Future Amortization Expense (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity
2023	$ 462
2024	289
2025	254
2026	254
2027	254
Thereafter	296
Finite-lived intangible assets, net	$ 1,809

Leases - Additional Information

Leases - Additional Information (Details)	Dec. 31, 2022
Minimum
Lessee, Lease, Description
Remaining lease terms	1 year
Maximum
Lessee, Lease, Description
Remaining lease terms	5 years

Leases - Supplemental Balance S

Leases - Supplemental Balance Sheet Information (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Assets:
Lease assets	$ 3,128	$ 3,471
Liabilities:
Current portion of lease liabilities	1,312	1,146
Long-term portion of lease liabilities	1,913	2,423
Total lease liabilities	$ 3,225	$ 3,569

Leases - Lease Costs (Details)

Leases - Lease Costs (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Operating lease cost	$ 1,300	$ 1,008	$ 817
Short-term lease cost	37	291	156
Variable lease cost	143	141	130
Net lease cost	$ 1,480	$ 1,440	$ 1,103

Leases - Schedule Of Future Min

Leases - Schedule Of Future Minimum Operating Lease Payments (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Future lease payments:
2023	$ 1,373
2024	1,160
2025	446
2026	277
2027	97
Thereafter	0
Future lease payments	3,353
Present value discount	(128)
Total lease liabilities	$ 3,225	$ 3,569

Leases - Other Lease Informatio

Leases - Other Lease Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Cash outflows for amounts included in the measurement of lease liabilities	$ 1,300	$ 924	$ 819
ROU assets obtained in exchange for lease obligations	910	3,940	0
Lease modifications	$ 0	$ 0	$ (83)
Weighted-average remaining lease term (in years)	2 years 9 months 18 days	3 years 3 months 3 days	8 months 26 days
Weighted-average discount rate	2.35%	1.29%	3.66%

Warrant Liabilities - Additiona

Warrant Liabilities - Additional Information (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Sep. 26, 2022
Class of Warrant or Right
Warrants outstanding (in shares)				30,499,990
Warrants outstanding term				5 years
Exercise price (in dollars per share)	$ 11.5
Number or shares callable by each warrant ( in shares)	1
Income from change in fair value of warrant	$ 5,033	$ 0	$ 0
Warrant liabilities	$ 8,388	$ 0
Public Warrants
Class of Warrant or Right
Warrants outstanding (in shares)	19,999,990			19,999,990
Public Warrants | Price Range One | Common Stock
Class of Warrant or Right
Redemption trigger price (in dollars per share)	$ 18
Redemption price (in dollars per share)	0.01
Notice period for redemption of warrant	30
Public Warrants | Price Range Two | Common Stock
Class of Warrant or Right
Redemption trigger price (in dollars per share)	10
Notice period for redemption of warrant	$ 30
Private Warrant
Class of Warrant or Right
Warrants outstanding (in shares)	10,500,000			10,500,000
Private Warrant | Price Range Two | Common Stock
Class of Warrant or Right
Redemption trigger price (in dollars per share)	$ 18
Private Warrant | Price Range Two | Common Stock | Minimum
Class of Warrant or Right
Redemption trigger price (in dollars per share)	10
Private Warrant | Price Range Two | Common Stock | Maximum
Class of Warrant or Right
Redemption trigger price (in dollars per share)	$ 18

Fair Value - Summary Of Assets

Fair Value - Summary Of Assets And Liabilities Measured At Fair Value On A Recurring Basis (Details) - Fair Value, Measurements, Recurring - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Liabilities:
Share-based awards settled in cash	$ 1,618
Liabilities, net	10,006
Contingent consideration liability		$ 2,180
Public Warrants
Liabilities:
Warrants	5,500
Private Placement Warrants
Liabilities:
Warrants	2,888
Money market funds
Assets:
Money market funds	257,000
Level 1
Liabilities:
Share-based awards settled in cash	1,618
Liabilities, net	7,118
Contingent consideration liability		0
Level 1 | Public Warrants
Liabilities:
Warrants	5,500
Level 1 | Private Placement Warrants
Liabilities:
Warrants	0
Level 1 | Money market funds
Assets:
Money market funds	257,000
Level 2
Liabilities:
Share-based awards settled in cash	0
Liabilities, net	2,888
Contingent consideration liability		0
Level 2 | Public Warrants
Liabilities:
Warrants	0
Level 2 | Private Placement Warrants
Liabilities:
Warrants	2,888
Level 2 | Money market funds
Assets:
Money market funds	0
Level 3
Liabilities:
Share-based awards settled in cash	0
Liabilities, net	0
Contingent consideration liability		$ 2,180
Level 3 | Public Warrants
Liabilities:
Warrants	0
Level 3 | Private Placement Warrants
Liabilities:
Warrants	0
Level 3 | Money market funds
Assets:
Money market funds	$ 0

Fair Value - Narrative (Details

Fair Value - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Contingent consideration liability	$ 0	$ 2,180	$ 4,311
Payment for contingent consideration liability	2,180	2,180
Current portion of contingent consideration liability	0	2,180
Change in valuation of contingent consideration liability	0	49	788
STACYC, Inc.
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Aggregate earnout payment had a potential payout, low	0
Aggregate earnout payment had a potential payout, high	6,540
Contingent consideration liability	4,978
Payment for contingent consideration liability	$ 2,180	2,180	$ 2,180
Current portion of contingent consideration liability		$ 2,180

Fair Value - Summary of Changes

Fair Value - Summary of Changes in Contingent Consideration Liability (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Change In Contingent Liability
Beginning Balance	$ 2,180	$ 4,311
Remeasurement of contingent consideration liability	0	49	$ 788
Cash payment	(2,180)	(2,180)
Ending Balance	$ 0	$ 2,180	$ 4,311

Product Warranty and Recall C_3

Product Warranty and Recall Campaigns - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Guarantor Obligations
Liability for recall campaigns	$ 566	$ 1,095	$ 778
Electric motorcycles
Guarantor Obligations
Standard product warranty, period	2 years
Battery For Electric Motorcycles
Guarantor Obligations
Standard product warranty, period	5 years
Recall Campaign
Guarantor Obligations
Liability for recall campaigns	$ 0	$ 269

Product Warranty and Recall C_4

Product Warranty and Recall Campaigns - Warranty and Recall Liability (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021
Movement in Standard Product Warranty Accrual
Balance, beginning of period		$ 1,095	$ 778
Warranties issued during the period		714	575
Settlements made during the period		(616)	(933)
Currency Translation Adjustments		(76)	(1)
Recalls and changes to pre-existing warranty liabilities		236	676
Transaction related adjustment	[1]	(787)	0
Balance, end of period		$ 566	$ 1,095
[1]In connection with the Separation and Business Combination, $787 thousand of warranties and recall liabilities were retained by H-D related to pre-transaction claims for certain H-D branded electric motorcycles.

Employee Benefit Plans and Ot_2

Employee Benefit Plans and Other Postretirement Benefits - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Retirement Benefits [Abstract]
Net periodic pension and healthcare plan costs (credit)	$ 45	$ (11)	$ 123
Defined contribution benefit plans	$ 2,143	$ 903	$ 674

Share-Based Awards - Additional

Share-Based Awards - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award
Share based compensation, shares authorized ( in shares)	29,293,509
Share-based award compensation expense	$ 579,000	$ 0	$ 0
Share-based award compensation expense, tax benefit	670,000	0	0
Historical H-D
Share-based Compensation Arrangement by Share-based Payment Award
Share-based award compensation expense	1,694,000	786,000	188,000
Time-Based RSUs
Share-based Compensation Arrangement by Share-based Payment Award
Share-based award compensation expense	$ 416,000	0	0
Time-Based RSUs | Director
Share-based Compensation Arrangement by Share-based Payment Award
Vesting period	1 year
Performance Restricted Units (PRSU)
Share-based Compensation Arrangement by Share-based Payment Award
Share-based award compensation expense	$ 163,000	$ 0	$ 0
Vesting period	3 years
Restricted Stock | Historical H-D
Share-based Compensation Arrangement by Share-based Payment Award
Share-based award compensation expense	$ 171,000
Increase in accrued compensation	474,000
Accrued compensation liability	1,603,000
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award
Unrecognized compensation	$ 17,810,000
Weighted-average period of recognition (years)	2 years 9 months 29 days
Restricted Stock Units (RSUs) | Historical H-D
Share-based Compensation Arrangement by Share-based Payment Award
Unrecognized compensation	$ 1,941,000
Weighted-average period of recognition (years)	1 year 1 month 20 days

Share-Based Awards - Schedule o

Share-Based Awards - Schedule of Fair Value of Performance Shares (Details) - Performance Restricted Units (PRSU)	12 Months Ended
	Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award
Expected volatility	76.76%
Risk-free interest rate	3.89%

Share-Based Awards - Non-vested

Share-Based Awards - Non-vested RSU Rollforward (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) $ / shares shares
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares
Nonvested, beginning of period (in shares)	0
Granted (in shares)	2,495
Vested (in shares)	0
Forfeited (in shares)	0
Nonvested, end of period (in shares)	2,495
Weighted-Average Fair Value Per Share
Nonvested, Weighted-Average Fair Value Per Share beginning of period (in dollars per share) | $ / shares	$ 0
Weighted-Average Fair Value Per Share, Granted (in dollars per share) | $ / shares	7.34
Weighted-Average Fair Value Per Share, Vested (in dollars per share) | $ / shares	0
Weighted-Average Fair Value Per Share, Forfeited (in dollars per share) | $ / shares	0
Nonvested, Weighted-Average Fair Value Per Share end of period (in dollars per share) | $ / shares	$ 7.34
Unrecognized compensation | $	$ 17,810
Weighted-average period of recognition (years)	2 years 9 months 29 days
Time-Based RSUs
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares
Nonvested, beginning of period (in shares)	0
Granted (in shares)	1,870
Vested (in shares)	0
Forfeited (in shares)	0
Nonvested, end of period (in shares)	1,870
Performance Restricted Units (PRSU)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares
Nonvested, beginning of period (in shares)	0
Granted (in shares)	625
Vested (in shares)	0
Forfeited (in shares)	0
Nonvested, end of period (in shares)	625
Restricted Stock Units Settled In Cash
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares
Nonvested, beginning of period (in shares)	0
Granted (in shares)	88
Vested (in shares)	0
Forfeited (in shares)	0
Nonvested, end of period (in shares)	88
Weighted-Average Fair Value Per Share
Nonvested, Weighted-Average Fair Value Per Share beginning of period (in dollars per share) | $ / shares	$ 0
Weighted-Average Fair Value Per Share, Granted (in dollars per share) | $ / shares	7.52
Weighted-Average Fair Value Per Share, Vested (in dollars per share) | $ / shares	0
Weighted-Average Fair Value Per Share, Forfeited (in dollars per share) | $ / shares	0
Nonvested, Weighted-Average Fair Value Per Share end of period (in dollars per share) | $ / shares	$ 7.52
Unrecognized compensation | $	$ 521
Weighted-average period of recognition (years)	2 years 11 months 1 day
Time-Based RSUs - Settled in Cash
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares
Nonvested, beginning of period (in shares)	0
Granted (in shares)	64
Vested (in shares)	0
Forfeited (in shares)	0
Nonvested, end of period (in shares)	64
Performance RSUs -Settled in Cash
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares
Nonvested, beginning of period (in shares)	0
Granted (in shares)	24
Vested (in shares)	0
Forfeited (in shares)	0
Nonvested, end of period (in shares)	24

Share-Based Awards - Non-vest_2

Share-Based Awards - Non-vested RSU Rollforward H-D shares (Details) - Restricted Stock Units (RSUs)	12 Months Ended
	Dec. 31, 2022 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares
Nonvested, beginning of period (in shares) | shares	0
Granted (in shares) | shares	2,495
Vested (in shares) | shares	0
Forfeited (in shares) | shares	0
Nonvested, end of period (in shares) | shares	2,495
Weighted-Average Fair Value Per Share
Nonvested, Weighted-Average Fair Value Per Share beginning of period (in dollars per share) | $ / shares	$ 0
Weighted-Average Fair Value Per Share, Granted (in dollars per share) | $ / shares	7.34
Weighted-Average Fair Value Per Share, Vested (in dollars per share) | $ / shares	0
Weighted-Average Fair Value Per Share, Forfeited (in dollars per share) | $ / shares	0
Nonvested, Weighted-Average Fair Value Per Share end of period (in dollars per share) | $ / shares	$ 7.34
Historical H-D
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares
Nonvested, beginning of period (in shares) | shares	0
Awards transferred to cash payment (in shares) | shares	76
Granted (in shares) | shares	44
Vested (in shares) | shares	(36)
Forfeited (in shares) | shares	(11)
Nonvested, end of period (in shares) | shares	73
Weighted-Average Fair Value Per Share
Nonvested, Weighted-Average Fair Value Per Share beginning of period (in dollars per share) | $ / shares	$ 0
Weighted-Average Grant Date Fair Value Per Share, Awards transferred to cash payment (in dollars per share) | $ / shares	33
Weighted-Average Fair Value Per Share, Granted (in dollars per share) | $ / shares	43
Weighted-Average Fair Value Per Share, Vested (in dollars per share) | $ / shares	36
Weighted-Average Fair Value Per Share, Forfeited (in dollars per share) | $ / shares	37
Nonvested, Weighted-Average Fair Value Per Share end of period (in dollars per share) | $ / shares	$ 38

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Details) - USD ($)		9 Months Ended	12 Months Ended
	Sep. 26, 2022	Sep. 25, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 22, 2021
Related Party Transaction
Inventory purchased from related party			$ 1,942,000
Accounts payable to related party			5,733,000	$ 0
Net proceeds from various related parties	$ 293,717,000		293,700,000
Non-cash activity			5,183,000
Lease assets			3,128,000	3,471,000
Current portion of lease liabilities			1,312,000	1,146,000
Long-term portion of lease liabilities			1,913,000	2,423,000
Manufacturing costs	3,402,000			4,442,000	$ 4,536,000
Operating expenses	$ 2,702,000			2,166,000	6,454,000
Capital contribution from parent		$ 59,051,000	59,051,000	85,493,000	56,176,000
Interest expense related party			475,000	293,000	186,000
Related party debt borrowings			15,333,000	2,100,000	5,533,000
Principal amount settled			20,766,000
Accrued interest settled			844,000
Loans Payable
Related Party Transaction
Interest expense related party		$ 0		59,000	$ 51,000
Third Line of Credit Agreement | Line of Credit
Related Party Transaction
Line of credit				100,000
Line of credit, maximum borrowing capacity				$ 60,000,000
Stated interest rate				6.60%
First Line of Credit Agreement | Line of Credit
Related Party Transaction
Line of credit				$ 0
Line of credit, maximum borrowing capacity						$ 5,000,000
Stated interest rate						6.60%
Second Line of Credit Agreement | Line of Credit
Related Party Transaction
Line of credit				5,333,000
Line of credit, maximum borrowing capacity				$ 10,000,000
Stated interest rate				6.60%
Harley Davidson Inc.
Related Party Transaction
Inventory purchased from related party			1,935,000
Related party expenses			3,485,000
Service from related party			3,791,000
Due from related party			137,000
Revenue from related party			141,000
Related party, cost of sales			100,000
Lease assets			398,000
Current portion of lease liabilities			140,000
Long-term portion of lease liabilities			258,000
Operating lease, rent expense			45,000
Harley Davidson Inc. | Electric motorcycles
Related Party Transaction
Due from related party			388,000
Harley Davidson Inc. | Line of Credit
Related Party Transaction
Related party debt borrowings			$ 15,333,000

Related Party Transactions - Ne

Related Party Transactions - Net Contributions from Parent are Included within Net Parent Investment (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 25, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Related Party Transactions [Abstract]
Net contribution from H-D	$ 79,922	$ 79,922	$ 86,279	$ 57,562
Settlement of notes payable to related party and accrued interest	(21,610)		0	0
Transfer of assets to H-D	568		0	0
Net change in unbenefited losses remaining with H-D	0		0	(1,198)
Stock compensation expense	171	(394)	(786)	(188)
Transfers from Parent (Note 16)	$ 59,051	$ 59,051	$ 85,493	$ 56,176

Related Party Transactions - No

Related Party Transactions - Notes Payable to Related Party (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Related Party Transactions [Abstract]
Current portion of notes payable to related party	$ 0	$ 3
Long-term portion of notes payable to related party	0	366
Notes payable to related party	$ 0	$ 369

Reportable Segments and Geogr_3

Reportable Segments and Geographic Information - Narrative (Details) - segment	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information
Number of reportable segments	2
Revenue Benchmark | KTM | Customer Concentration Risk
Segment Reporting Information
Concentration risk (as a percent)	33%	17%	12%

Reportable Segments and Geogr_4

Reportable Segments and Geographic Information - Information By Strategic Business Units (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended	9 Months Ended	12 Months Ended
	Sep. 25, 2022	Jun. 26, 2022	Mar. 27, 2022	Jun. 26, 2022	Sep. 25, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information
Electric motorcycles, parts and accessories and apparel revenue, net	$ 14,708	$ 12,506	$ 10,401	$ 22,907		$ 46,833	$ 35,806	$ 30,863
Cost of goods sold	13,743	12,896	10,348	23,244		43,929	38,380	55,819
Selling, administrative and engineering expense	21,988	18,966	15,752	34,718	$ 56,706	87,859	65,608	52,099
Operating loss	$ (21,023)	$ (19,356)	$ (15,699)	$ (35,055)	$ (56,078)	(84,955)	(68,182)	(77,055)
Electric Motorcycles
Segment Reporting Information
Electric motorcycles, parts and accessories and apparel revenue, net						13,999	9,705	14,319
Cost of goods sold						23,268	22,006	45,742
Selling, administrative and engineering expense						79,836	57,996	43,033
Operating loss						(89,105)	(70,297)	(74,456)
STACYC
Segment Reporting Information
Electric motorcycles, parts and accessories and apparel revenue, net						32,834	26,101	16,544
Cost of goods sold						20,661	16,374	10,077
Selling, administrative and engineering expense						8,023	7,612	9,066
Operating loss						$ 4,150	$ 2,115	$ (2,599)

Reportable Segments and Geogr_5

Reportable Segments and Geographic Information - Information By Industry Segment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Sep. 25, 2022	Jun. 26, 2022	Mar. 27, 2022
Segment Reporting Information
Assets	$ 351,805	$ 61,952	$ 51,740	$ 182,762	$ 77,207	$ 75,672
Goodwill	8,327	8,327	8,327
Depreciation and amortization	4,401	4,718	3,942
Capital expenditures	14,081	9,951	3,243
Electric Motorcycles
Segment Reporting Information
Assets	323,108	38,762	31,627
Goodwill	7,668	7,668	7,668
Depreciation and amortization	3,882	4,220	3,399
Capital expenditures	14,081	9,792	3,210
STACYC
Segment Reporting Information
Assets	28,697	23,190	20,113
Goodwill	659	659	659
Depreciation and amortization	519	498	543
Capital expenditures	$ 0	$ 159	$ 33

Reportable Segments and Geogr_6

Reportable Segments and Geographic Information - Segment Information By Geographical Locations) (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended	12 Months Ended
	Sep. 25, 2022	Jun. 26, 2022	Mar. 27, 2022	Jun. 26, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue, net	$ 14,708	$ 12,506	$ 10,401	$ 22,907	$ 46,833	$ 35,806	$ 30,863
Long-lived assets					31,567	17,894	11,860
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue, net					36,256	24,633	21,462
Long-lived assets					31,567	17,894	11,860
International
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue, net					10,577	11,173	9,401
Long-lived assets					$ 0	$ 0	$ 0

Restatement of Unaudited Inte_3

Restatement of Unaudited Interim Financial Statements - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended	12 Months Ended
	Sep. 25, 2022	Jun. 26, 2022	Mar. 27, 2022	Jun. 26, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Error Corrections and Prior Period Adjustments Restatement
Revenue, net	$ 14,708	$ 12,506	$ 10,401	$ 22,907	$ 46,833	$ 35,806	$ 30,863
Cost of goods sold	13,743	12,896	10,348	23,244	$ 43,929	$ 38,380	$ 55,819
Adjustments
Error Corrections and Prior Period Adjustments Restatement
Revenue, net	2,755	(1,742)	(1,013)	(2,755)
Cost of goods sold	1,943	(1,803)	(140)	$ (1,943)
Adjustments | Parts, accessories and apparel
Error Corrections and Prior Period Adjustments Restatement
Revenue, net	(2,755)	(1,742)	(1,013)
Cost of goods sold	$ (1,687)	$ (1,047)	$ (640)

Restatement of Unaudited Inte_4

Restatement of Unaudited Interim Financial Statements - Statement Of Operations And Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended	9 Months Ended	12 Months Ended
	Dec. 31, 2022	Sep. 25, 2022	Jun. 26, 2022	Mar. 27, 2022	Jun. 26, 2022	Sep. 25, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Error Corrections and Prior Period Adjustments Restatement
Revenue, net		$ 14,708	$ 12,506	$ 10,401	$ 22,907		$ 46,833	$ 35,806	$ 30,863
Cost of goods sold		13,743	12,896	10,348	23,244		43,929	38,380	55,819
Selling, administrative and engineering expense		21,988	18,966	15,752	34,718	$ 56,706	87,859	65,608	52,099
Operating loss		(21,023)	(19,356)	(15,699)	(35,055)	(56,078)	(84,955)	(68,182)	(77,055)
Loss before income taxes		(20,947)	(19,483)	(15,911)	(35,394)	(56,341)	(78,971)	(68,154)	(77,215)
Net loss	$ (22,438)	(20,943)	(19,578)	(15,979)	(35,557)	(56,500)	(78,938)	(68,292)	(77,572)
Comprehensive loss		(21,003)	(19,572)	(16,079)	(35,651)	(56,654)	$ (79,083)	$ (68,377)	$ (77,336)
As Previously Reported
Error Corrections and Prior Period Adjustments Restatement
Revenue, net		11,953	14,248	11,414	25,662
Cost of goods sold		11,800	14,699	10,488	25,187
Selling, administrative and engineering expense		22,111	19,169	16,112	35,281	57,392
Operating loss		(21,958)	(19,620)	(15,186)	(34,806)	(56,764)
Loss before income taxes		(21,882)	(19,747)	(15,398)	(35,145)	(57,027)
Net loss		(21,878)	(19,842)	(15,466)	(35,308)	(57,186)
Comprehensive loss		(21,938)	(19,836)	(15,566)	(35,402)	(57,340)
Adjustments
Error Corrections and Prior Period Adjustments Restatement
Revenue, net		2,755	(1,742)	(1,013)	(2,755)
Cost of goods sold		1,943	(1,803)	(140)	(1,943)
Selling, administrative and engineering expense		(123)	(203)	(360)	(563)	(686)
Operating loss		935	264	(513)	(249)	686
Loss before income taxes		935	264	(513)	(249)	686
Net loss		935	264	(513)	(249)	686
Comprehensive loss		$ 935	$ 264	$ (513)	$ (249)	$ 686

Restatement of Unaudited Inte_5

Restatement of Unaudited Interim Financial Statements - Consolidated Balance Sheets (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Sep. 25, 2022	Jun. 26, 2022	Mar. 27, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Error Corrections and Prior Period Adjustments Restatement
Accounts receivable, net	$ 2,325		$ 3,681	$ 8,521	$ 6,772
Inventories, net	29,215		27,521	18,343	16,797
Total current assets	301,930		39,474	42,140	29,917
Property, plant and equipment, net	31,567	$ 26,494	23,066	19,600	17,894
Total assets	351,805	182,762	77,207	75,672	61,952	$ 51,740
Accrued liabilities	20,343	15,235	14,137	13,525	15,574
Total current liabilities	34,443	133,952	33,886	40,668	28,014
Total liabilities	45,005	139,569	39,822	52,775	42,027
Net Parent company investment	0	43,202	37,334	22,852	19,780
Total shareholders' equity	306,800	43,193	37,385	22,897	19,925	$ 2,023	$ 21,797
Total liabilities and shareholders' equity	$ 351,805	182,762	77,207	75,672	$ 61,952
As Previously Reported
Error Corrections and Prior Period Adjustments Restatement
Accounts receivable, net			5,339	9,379
Inventories, net			25,834	17,703
Total current assets			39,445	42,358
Property, plant and equipment, net		26,111	22,817	19,466
Total assets		182,379	76,929	75,756
Accrued liabilities		15,538	13,353	13,595
Total current liabilities		134,255	33,102	40,738
Total liabilities		139,872	39,038	52,845
Net Parent company investment		42,516	37,840	22,866
Total shareholders' equity		42,507	37,891	22,911
Total liabilities and shareholders' equity		182,379	76,929	75,756
Adjustments
Error Corrections and Prior Period Adjustments Restatement
Accounts receivable, net			(1,658)	(858)
Inventories, net			1,687	640
Total current assets			29	(218)
Property, plant and equipment, net		383	249	134
Total assets		383	278	(84)
Accrued liabilities		(303)	784	(70)
Total current liabilities		(303)	784	(70)
Total liabilities		(303)	784	(70)
Net Parent company investment		686	(506)	(14)
Total shareholders' equity		686	(506)	(14)
Total liabilities and shareholders' equity		$ 383	$ 278	$ (84)