Arcimoto, Inc. (FUV) financial statements (2022 and earlier)

Company profile

Business Address 2034 WEST 2ND AVENUE
EUGENE, OR 97402
State of Incorp. OR
Fiscal Year End December 31
SIC 3751 - Motorcycles, Bicycles, and Parts (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments16,97132,97838,47346,65039,45116,9717,764
Cash and cash equivalents16,97132,97838,47346,65039,45116,9717,764
Receivables3382814173414
Inventory, net of allowances, customer advances and progress billings7,8566,3206,2685,6435,1046,2305,623
Inventory7,8566,3206,2685,6435,1046,2305,623
Prepaid expense 13     
Deferred costs24      
Other current assets2,4401,9131,119991901585361
Other undisclosed current assets2,7392,7452,1649461,030603502
Total current assets:30,03344,00748,05154,24446,50324,42314,263
Noncurrent Assets
Property, plant and equipment24,33922,40421,2196,9496,6455,7944,697
Intangible assets, net (including goodwill)9,88616,92017,13017,342   
Goodwill 6,8246,8246,824   
Intangible assets, net (excluding goodwill)9,88610,09610,30610,517   
Deposits noncurrent assets1171261261261029687
Deferred costs24      
Total noncurrent assets:34,36639,45038,47524,4166,7475,8904,785
TOTAL ASSETS:64,39983,45786,52678,66053,25030,31319,048
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities4,3682,4472,6921,5896361,2161,327
Accounts payable2,0168061,3861,060205406743
Accrued liabilities2,3521,6411,306529431810584
Deferred revenue11111011128212711024
Debt493  307658602421
Customer refund liability817740     
Other undisclosed current liabilities2,8252,6713,6551,2901,4931,3061,133
Total current liabilities:8,6145,9686,4583,4672,9143,2332,904
Noncurrent Liabilities
Long-term debt and lease obligation   1,069648467648
Long-term debt, excluding current maturities   1,069648467648
Liabilities, other than long-term debt9111444505678
Deferred revenue9111444505678
Other undisclosed noncurrent liabilities2,2282,0771,8151,9821,9541,5291,084
Total noncurrent liabilities:2,2372,0881,8283,0942,6522,0531,810
Total liabilities:10,8518,0568,2866,5615,5665,2864,714
Stockholders' equity
Stockholders' equity attributable to parent, including:53,54875,40178,24072,09947,68425,02714,334
Common stock150,503150,259142,907128,856100,23671,95356,872
Additional paid in capital7,0386,0718,2864,4143,8773,3236,783
Accumulated deficit(103,992)(80,928)(69,418)(61,171)(56,429)(50,249)(45,606)
Stockholders' equity note, subscriptions receivable  (3,535)    
Other undisclosed stockholders' equity attributable to parent      (3,715)
Total stockholders' equity:53,54875,40178,24072,09947,68425,02714,334
TOTAL LIABILITIES AND EQUITY:64,39983,45786,52678,66053,25030,31319,048

Income statement (P&L) ($ in thousands)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Revenues7771,4987171,394607684269
Cost of revenue
(Cost of Goods and Services Sold)
  (3,248)(3,245)(3,306)(2,046)(1,209)
Other undisclosed gross profit(5,820)(4,856)     
Gross profit:(5,043)(3,358)(2,531)(1,851)(2,699)(1,363)(940)
Operating expenses(18,012)(8,232)(6,822)(5,793)(3,460)(3,251)(2,347)
Operating loss:(23,055)(11,590)(9,353)(7,643)(6,159)(4,614)(3,287)
Nonoperating income (expense)(1,365)13275149  
Investment income, nonoperating 132     
Interest and debt expense (52)(47)(52)(30)(29)(416)
Other undisclosed income from continuing operations before equity method investments, income taxes151      
Loss from continuing operations before income taxes:(24,269)(11,510)(9,325)(7,681)(6,180)(4,643)(3,703)
Income tax expense (benefit)(5) (0)2,939   
Loss before gain (loss) on sale of properties:(24,274)(11,510)(9,325)(4,743)(6,180)(4,643)(3,703)
Other undisclosed net income1,209      
Net loss:(23,065)(11,510)(9,325)(4,743)(6,180)(4,643)(3,703)
Other undisclosed net income attributable to parent  1,078  0 
Net loss available to common stockholders, diluted:(23,065)(11,510)(8,247)(4,743)(6,180)(4,643)(3,703)

Comprehensive Income ($ in thousands)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Net loss:(23,065)(11,510)(9,325)(4,743)(6,180)(4,643)(3,703)
Comprehensive loss, net of tax, attributable to parent:(23,065)(11,510)(9,325)(4,743)(6,180)(4,643)(3,703)

Statements sources

The financial statements are based on the company's filings with the 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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: