Quarterly report pursuant to Section 13 or 15(d)

NOTES PAYABLE AND DEBT INSTRUMENTS - Additional Information (Details)

v3.21.1
NOTES PAYABLE AND DEBT INSTRUMENTS - Additional Information (Details) - USD ($)
3 Months Ended 12 Months Ended
Mar. 17, 2021
Oct. 06, 2020
Mar. 26, 2020
Mar. 31, 2021
Mar. 31, 2020
Dec. 31, 2020
Jan. 31, 2022
Jul. 31, 2021
Oct. 07, 2020
May 04, 2020
Dec. 31, 2019
Dec. 20, 2019
Nov. 30, 2019
Jul. 19, 2019
Feb. 28, 2019
May 03, 2018
Debt Instrument [Line Items]                                
Conversion price, quotient       $ 1,000   $ 1,000                    
Conversion price, equity value threshold       $ 775,000,000.0                        
Conversion price (in usd per share)       $ 6.93                        
Conversion amount (in shares)       8,660,000                        
Conversion price, adjusted equity value, percent           80.00%                    
Shares issued (in shares) 25,000,000.0                              
Price per share (in usd per share) $ 10.00                              
Unforgiven portion payable, term       2 years                        
Unforgiven portion payable, payments deferred, term       10 months                        
Notes payable – current       $ 265,000   $ 122,000                    
Notes payable       57,224,000   $ 26,477,000                    
Class A Common Units                                
Debt Instrument [Line Items]                                
Shares issued (in shares)           684,000                    
Price per share (in usd per share)           $ 87.69                    
Notes Payable, Current                                
Debt Instrument [Line Items]                                
Carrying amount       174,000   $ 122,000                    
Notes Payable, Noncurrent                                
Debt Instrument [Line Items]                                
Carrying amount       140,000   192,000                    
PPP Loan                                
Debt Instrument [Line Items]                                
Carrying amount       $ 314,000   314,000                    
Principal amount                   $ 314,000            
Interest rate, percent       1.00%           1.00%            
Notes Payable                                
Debt Instrument [Line Items]                                
Escrow deposit                 $ 50,000,000.0              
Notes Payable | PureCycle Ohio LLC                                
Debt Instrument [Line Items]                                
Debt instrument, discount                 5,500,000              
Revenue Bonds                                
Debt Instrument [Line Items]                                
Interest expense       $ 4,800,000 $ 0                      
Escrow deposit                 $ 50,000,000.0              
Operating revenue deposit requirement, percent                 100.00%              
Equity investments $ 40,000,000.0               $ 60,000,000.0              
Revenue Bonds | Forecast                                
Debt Instrument [Line Items]                                
Cash required to maintain             $ 100,000,000.0 $ 75,000,000.0                
Enhanced Capital Ohio Rural Fund, LLC | Line of Credit | Secured Debt                                
Debt Instrument [Line Items]                                
Maximum borrowing capacity                             $ 1,000,000.0  
Carrying amount       0   0                    
Interest expense         12,000                      
Koch Modular Process Systems Secured Promissory Note | Promissory Note | Secured Debt                                
Debt Instrument [Line Items]                                
Carrying amount       0   0                    
Interest expense         102,000                      
Principal amount                       $ 1,700,000        
Maximum advance                       3,000,000.0        
Conversion of accounts payable to promissory notes         661                      
Interest rate, percent                     24.00%   21.00%      
Denham-Blythe Company, Inc. Secured Promissory Note | Promissory Note | Secured Debt                                
Debt Instrument [Line Items]                                
Carrying amount       0                        
Interest expense         121,000                      
Principal amount                       $ 2,000,000.0        
Interest rate, percent                     24.00%          
Senior Notes Purchase Agreement | Convertible Debt                                
Debt Instrument [Line Items]                                
Principal amount                 $ 48,000,000.0              
Interest rate, percent   5.875%                            
Maturity extension, term   6 months                            
Maturity extension, percent   50.00%                            
Obligation to issue and sell   $ 12,000,000.0                            
Obligation to issue and sell, term   45 days                            
Innventus Fund I, LP | Promissory Note                                
Debt Instrument [Line Items]                                
Interest expense         5,000                      
Principal amount                           $ 600,000    
Innventus Fund I, LP | Promissory Note | LIBOR                                
Debt Instrument [Line Items]                                
Variable rate, percent                           8.00%    
Auto Now Acceptance Company, LLC | Line of Credit | Revolving Credit Facility                                
Debt Instrument [Line Items]                                
Maximum borrowing capacity                               $ 14,000,000.0
Carrying amount       $ 0   $ 0                    
Interest expense         $ 355,000                      
Auto Now Acceptance Company, LLC | Line of Credit | Revolving Credit Facility | May 19, 2020 through August 31, 2020                                
Debt Instrument [Line Items]                                
Interest rate, percent                               12.00%
Auto Now Acceptance Company, LLC | Line of Credit | Revolving Credit Facility | September 1, 2020 through December 31, 2020                                
Debt Instrument [Line Items]                                
Interest rate, percent                               16.00%
Auto Now Acceptance Company, LLC | Line of Credit | Revolving Credit Facility | January 1, 2021 through June 30, 2021                                
Debt Instrument [Line Items]                                
Interest rate, percent                               24.00%
Auto Now Acceptance Company, LLC | Line of Credit | Revolving Credit Facility | LIBOR                                
Debt Instrument [Line Items]                                
Variable rate, percent                               6.12%
Auto Now Acceptance Company, LLC | Line of Credit | Revolving Credit Facility | LIBOR | May 3, 2018 through May 18, 2020                                
Debt Instrument [Line Items]                                
Variable rate, percent                               6.12%
Innventure LLC                                
Debt Instrument [Line Items]                                
Principal amount     $ 371,000                          
Repayments of debt     $ 375,000