Archer Aviation Inc. (ACHR) Financial Statements (2024 and earlier)

Company Profile

Business Address 190 WEST TASMAN DRIVE
SAN JOSE, CA 95134
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 3721 - Aircraft (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments531,200,000746,900,000925,923
Cash and cash equivalents69,400,000746,900,000925,923
Short-term investments 461,800,000  
Prepaid expense9,800,0007,600,000463,999
Other current assets1,600,000300,000 
Other undisclosed current assets2,900,000  
Total current assets:545,500,000754,800,0001,389,922
Noncurrent Assets
Operating lease, right-of-use asset11,900,0004,500,000 
Property, plant and equipment11,500,0005,900,000 
Intangible assets, net (including goodwill)400,000500,000 
Intangible assets, net (excluding goodwill)400,000500,000 
Asset, held-in-trust   500,098,582
Other noncurrent assets4,500,0002,700,000 
Total noncurrent assets:28,300,00013,600,000500,098,582
TOTAL ASSETS:573,800,000768,400,000501,488,504
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities3,600,0003,400,00059,013
Accounts payable3,600,0003,400,00010,991
Accrued liabilities   48,022
Debt9,300,0009,500,000 
Other liabilities36,700,00012,300,000 
Other undisclosed current liabilities3,700,0003,100,00069,945
Total current liabilities:53,300,00028,300,000128,958
Noncurrent Liabilities
Long-term debt and lease obligation  10,500,000 
Long-term debt, excluding current maturities  9,300,000 
Liabilities, other than long-term debt20,200,000400,000 
Other liabilities11,000,000400,000 
Operating lease, liability9,200,0001,200,000 
Other undisclosed noncurrent liabilities7,000,00030,300,00047,506,670
Total noncurrent liabilities:27,200,00041,200,00047,506,670
Total liabilities:80,500,00069,500,00047,635,628
Equity
Equity, attributable to parent, including:493,300,000698,900,0005,000,006
Additional paid in capital1,185,000,0001,072,500,00015,848,758
Accumulated other comprehensive loss (800,000)  
Accumulated deficit(690,900,000)(373,600,000)(10,850,513)
Other undisclosed equity, attributable to parent   1,761
Other undisclosed equity   448,852,870
Total equity:493,300,000698,900,000453,852,876
TOTAL LIABILITIES AND EQUITY:573,800,000768,400,000501,488,504

Income Statement (P&L) (USD)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
Operating expenses(347,400,000)(358,300,000) 
Operating loss:(347,400,000)(358,300,000) 
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
27,800,00010,600,000 
Interest and debt expense  (100,000) 
Loss from continuing operations before equity method investments, income taxes:(319,600,000)(347,800,000) 
Other undisclosed income from continuing operations before income taxes2,300,000  
Loss from continuing operations before income taxes:(317,300,000)(347,800,000) 
Income tax expense   
Loss from continuing operations:(317,300,000)(347,800,000) 
Loss before gain (loss) on sale of properties:(347,800,000)
Net loss available to common stockholders, diluted:(317,300,000)(347,800,000) 

Comprehensive Income (USD)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
Net loss:(317,300,000)(347,800,000) 
Comprehensive loss:(317,300,000)(347,800,000) 
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(800,000)  
Comprehensive loss, net of tax, attributable to parent:(318,100,000)(347,800,000) 

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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