Aeva Technologies Inc. (AEVA) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
555 ELLIS STREET MOUNTAIN VIEW, CA 94043 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3714 - Motor Vehicle Parts and Accessories (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 221,028 | 323,812 | 445,010 | 1 | ||||
| Cash and cash equivalents | 38,547 | 67,420 | 66,810 | 1 | ||||
| Short-term investments | 182,481 | 256,392 | 378,200 | |||||
| Receivables | 628 | 2,887 | 2,341 | |||||
| Inventory, net of allowances, customer advances and progress billings | 2,374 | 2,951 | 2,063 | |||||
| Inventory | 2,374 | 2,951 | 2,063 | |||||
| Prepaid expense | 12 | |||||||
| Deferred costs | 107 | |||||||
| Other current assets | 5,195 | 5,473 | 9,070 | |||||
| Other undisclosed current assets | ||||||||
| Total current assets: | 229,225 | 335,123 | 458,484 | 13 | 107 | |||
| Noncurrent Assets | ||||||||
| Operating lease, right-of-use asset | 7,289 | 7,402 | 10,284 | |||||
| Property, plant and equipment | 12,114 | 9,720 | 5,136 | |||||
| Long-term investments and receivables | ||||||||
| Long-term investments | ||||||||
| Intangible assets, net (including goodwill) | 2,625 | 3,525 | 4,425 | |||||
| Intangible assets, net (excluding goodwill) | 2,625 | 3,525 | 4,425 | |||||
| Deposits noncurrent assets | ||||||||
| Estimated insurance recoveries | ||||||||
| Other noncurrent assets | 6,132 | 862 | 859 | |||||
| Other undisclosed noncurrent assets | 243,130 | |||||||
| Total noncurrent assets: | 28,160 | 21,509 | 20,704 | 243,130 | ||||
| Other undisclosed assets | 0 | |||||||
| TOTAL ASSETS: | 257,385 | 356,632 | 479,188 | 243,143 | 107 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 6,250 | 14,245 | 10,692 | 1,327 | 1 | |||
| Taxes payable | ✕ | ✕ | ✕ | 40 | ||||
| Employee-related liabilities | ✕ | ✕ | ✕ | 2,196 | ||||
| Accounts payable | 3,602 | 5,182 | 4,386 | |||||
| Accrued liabilities | 2,648 | 9,063 | 4,110 | 1,287 | 1 | |||
| Debt | 81 | |||||||
| Other liabilities | 2,524 | 194 | 733 | |||||
| Other undisclosed current liabilities | 9,630 | 7,388 | 2,872 | |||||
| Total current liabilities: | 18,404 | 21,827 | 14,297 | 1,327 | 82 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation: | 7,455 | |||||||
| Liabilities, other than long-term debt | 3,767 | 4,789 | 2,773 | |||||
| Due to related parties | ✕ | ✕ | 354 | |||||
| Operating lease, liability | 3,767 | 4,789 | 7,455 | |||||
| Derivative instruments and hedges, liabilities | 2,419 | |||||||
| Other undisclosed noncurrent liabilities | 6,772 | 90 | (6,395) | |||||
| Total noncurrent liabilities: | 10,539 | 4,879 | 8,515 | 2,773 | ||||
| Total liabilities: | 28,943 | 26,706 | 22,812 | 4,100 | 82 | |||
| Equity | ||||||||
| Equity, attributable to parent | 228,442 | 329,926 | 456,376 | 5,000 | 25 | |||
| Common stock | 26 | 22 | 21 | 1 | 1 | |||
| Additional paid in capital | 688,103 | 643,756 | 619,841 | 7,929 | 25 | |||
| Accumulated other comprehensive loss | (87) | (3,585) | (524) | |||||
| Accumulated deficit | (459,600) | (310,267) | (162,962) | (2,930) | (1) | |||
| Other undisclosed equity | 234,042 | |||||||
| Total equity: | 228,442 | 329,926 | 456,376 | 239,042 | 25 | |||
| TOTAL LIABILITIES AND EQUITY: | 257,385 | 356,632 | 479,188 | 243,143 | 107 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 4,312 | 4,192 | 9,265 | ||||
| Cost of revenue | (10,198) | (8,447) | (5,833) | ||||
| Gross profit: | (5,886) | (4,255) | 3,432 | ||||
| Operating expenses | (141,902) | (147,700) | (107,618) | (3,003) | |||
| Other undisclosed operating income | 480 | ||||||
| Operating loss: | (147,788) | (151,955) | (104,186) | (2,523) | |||
| Nonoperating income (expense) | (1,545) | 4,650 | 2,308 | (206) | |||
| Investment income, nonoperating | 8,925 | 3,707 | 372 | ||||
| Other nonoperating income (expense) | (10,470) | 943 | 1,936 | (206) | |||
| Loss from continuing operations before equity method investments, income taxes: | (149,333) | (147,305) | (101,878) | (2,729) | |||
| Other undisclosed loss from continuing operations before income taxes | |||||||
| Loss from continuing operations before income taxes: | (149,333) | (147,305) | (101,878) | (2,729) | |||
| Income tax expense | (200) | ||||||
| Loss from continuing operations: | (149,333) | (147,305) | (101,878) | (2,929) | |||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (101,878) | (2,929) | ||
| Net loss: | (149,333) | (147,305) | (101,878) | (2,929) | |||
| Net loss attributable to noncontrolling interest | (1,377) | ||||||
| Other undisclosed net income attributable to parent | 1,377 | ||||||
| Net loss available to common stockholders, diluted: | (149,333) | (147,305) | (101,878) | (2,929) | |||
Comprehensive Income ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|
| Net loss: | (149,333) | (147,305) | (101,878) | (2,929) | |||
| Comprehensive loss: | (149,333) | (147,305) | (101,878) | (2,929) | |||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (1,377) | ||||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 3,498 | (3,061) | (524) | ||||
| Comprehensive loss, net of tax, attributable to parent: | (145,835) | (150,366) | (102,402) | (4,306) | |||
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.