Getaround Inc. (GETR) Financial Statements (2025 and earlier)

Company Profile

Business Address 55 GREEN STREET
SAN FRANCISCO, CA 94111
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 751 - Automotive Rental And Leasing, Without Drivers (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments30,86124,53715,62422,16424,65840,936
Cash and cash equivalents30,86124,53715,62422,16424,65840,936
Restricted cash and investments    3,6003,6003,600
Receivables731768853717388197
Prepaid expense5,2196,2017,0396,0745,8103,953
Other undisclosed current assets1,4881,4593,0921,5242,4863,036
Total current assets:38,29932,96526,60834,07936,94251,722
Noncurrent Assets
Operating lease, right-of-use asset1,27011,80412,16212,41412,74713,036
Property, plant and equipment1,6417,9438,5049,3529,72310,249
Intangible assets, net (including goodwill)101,527104,458109,227107,431112,276104,278
Goodwill93,05893,61395,86991,87994,07393,713
Intangible assets, net (excluding goodwill)8,46910,84513,35815,55218,20310,565
Other noncurrent assets6,9826,8174,6353,9383,8033,611
Total noncurrent assets:111,420131,022134,528133,135138,549131,174
TOTAL ASSETS:149,719163,987161,136167,214175,491182,896
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities90,64055,39563,65951,71550,11238,020
Accounts payable7,40110,78415,55212,5487,4973,818
Accrued liabilities83,23944,61148,10739,16742,61534,202
Deferred revenue2,6341,5476841,0032,7741,536
Debt2,4181,59519,90415,8601,1471,149
Derivative instruments and hedges, liabilities      329
Other liabilities 2,631     
Other undisclosed current liabilities(22,997)17,80015,46017,43521,59915,300
Total current liabilities:75,32676,33799,70786,01375,63256,334
Noncurrent Liabilities
Long-term debt and lease obligation104,15666,5004,2444,6285,3225,918
Long-term debt, excluding current maturities104,15666,5004,2444,6285,3225,918
Liabilities, other than long-term debt1,11914,86515,50716,10816,75217,454
Operating lease, liability1,08914,83915,48716,03016,63917,205
Derivative instruments and hedges, liabilities30262078113249
Other undisclosed noncurrent liabilities3,03433,49638,55946,97654,06251,733
Total noncurrent liabilities:108,309114,86158,31067,71276,13675,105
Total liabilities:183,635191,198158,017153,725151,768131,439
Equity
Equity, attributable to parent, including:(33,916)(27,211)3,11913,48923,72351,457
Common stock1099999
Additional paid in capital866,574862,462859,163856,539852,944849,823
Accumulated other comprehensive income (loss)26,72925,52228,1867,648(5,869)(5,283)
Accumulated deficit(918,945)(906,920)(875,955)(842,423)(815,077)(784,808)
Warrants and rights outstanding30262078113249
Stockholders' equity note, subscriptions receivable(8,284)(8,284)(8,284)(8,284)(8,284)(8,284)
Other undisclosed equity, attributable to parent(30)(26)(20)(78)(113)(249)
Total equity:(33,916)(27,211)3,11913,48923,72351,457
TOTAL LIABILITIES AND EQUITY:149,719163,987161,136167,214175,491182,896

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

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
Revenues18,58417,15618,74123,79918,62011,520
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
  (1,320)(1,136)  (2,176)
Gross profit:18,58415,83617,60523,79918,6209,344
Operating expenses(40,655)(41,739)(44,098)(42,897)(47,300)(37,815)
Other undisclosed operating income  1,3201,136  2,176
Operating loss:(22,071)(24,583)(25,357)(19,098)(28,680)(26,295)
Nonoperating income (expense)10,034(6,331)(8,341)(8,492)(1,797)3,325
Other nonoperating income (expense)(1,267)11,151643(64)185210
Loss from continuing operations before income taxes:(12,037)(30,914)(33,698)(27,590)(30,477)(22,970)
Income tax expense (benefit)12(51)166244208171
Net loss available to common stockholders, diluted:(12,025)(30,965)(33,532)(27,346)(30,269)(22,799)

Comprehensive Income ($ in thousands)

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
Net loss:(12,025)(30,965)(33,532)(27,346)(30,269)(22,799)
Other comprehensive income (loss) 353(16,619)(15,628)  
Comprehensive loss:(12,025)(30,612)(50,151)(42,974)(30,269)(22,799)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent1,207(3,017)37,15729,145(586)821
Comprehensive loss, net of tax, attributable to parent:(10,818)(33,629)(12,994)(13,829)(30,855)(21,978)

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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