Nuvve Holding Corp. (NVVE) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
2468 HISTORIC DECATUR ROAD SAN DIEGO, CA 92106 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3612 - Power, Distribution, and Specialty Transformers (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 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 1,535 | 15,754 | 32,361 | |||
| Cash and cash equivalents | 1,535 | 15,754 | 32,361 | |||
| Restricted cash and investments | 480 | 480 | 380 | |||
| Receivables | 1,725 | 1,122 | 1,887 | |||
| Inventory, net of allowances, customer advances and progress billings | 5,889 | 11,552 | 11,118 | |||
| Inventory | 5,889 | 11,552 | 11,118 | |||
| Prepaid expense | 995 | |||||
| Other current assets | 751 | |||||
| Other undisclosed current assets | 1,668 | 2,942 | 1,037 | |||
| Total current assets: | 13,043 | 31,850 | 46,782 | |||
| Noncurrent Assets | ||||||
| Finance lease, right-of-use asset, after accumulated amortization | 13 | 18 | 26 | |||
| Operating lease, right-of-use asset | 4,840 | 5,306 | 3,483 | |||
| Net investment in lease, before allowance for credit loss | 112 | 97 | ||||
| Property, plant and equipment | 356 | |||||
| Long-term investments and receivables | 671 | 1,671 | ||||
| Long-term investments | 671 | 1,671 | ||||
| Intangible assets, net (including goodwill) | 1,202 | 1,342 | 1,481 | |||
| Intangible assets, net (excluding goodwill) | 1,202 | 1,342 | 1,481 | |||
| Deposits noncurrent assets | 28 | 9 | 3 | |||
| Other undisclosed noncurrent assets | 1,042 | 907 | 783 | |||
| Total noncurrent assets: | 7,908 | 9,350 | 6,132 | |||
| TOTAL ASSETS: | 20,951 | 41,200 | 52,915 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 6,326 | 5,738 | 8,613 | |||
| Accounts payable | 1,694 | 2,390 | 5,739 | |||
| Accrued liabilities | 4,632 | 3,347 | 2,874 | |||
| Deferred revenue | 1,030 | 1,221 | 720 | |||
| Debt | 7 | 7 | 8 | |||
| Other liabilities | 105 | 114 | 111 | |||
| Other undisclosed current liabilities | 849 | 817 | 34 | |||
| Total current liabilities: | 8,318 | 7,897 | 9,485 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 8 | 13 | 19 | |||
| Finance lease, liability | 8 | 13 | 19 | |||
| Liabilities, other than long-term debt | 5,332 | 5,704 | 13,004 | |||
| Other liabilities | 681 | 393 | 19 | |||
| Operating lease, liability | 4,646 | 5,090 | 3,442 | |||
| Derivative instruments and hedges, liabilities | 5 | 221 | 9,543 | |||
| Other undisclosed noncurrent liabilities | 302 | 346 | 493 | |||
| Total noncurrent liabilities: | 5,642 | 6,063 | 13,515 | |||
| Total liabilities: | 13,960 | 13,961 | 23,000 | |||
| Temporary equity, carrying amount | 2,640 | 3,548 | 2,902 | |||
| Equity | ||||||
| Equity, attributable to parent | 7,475 | 27,196 | 29,514 | |||
| Common stock | 6 | 2 | 2 | |||
| Additional paid in capital | 155,616 | 144,074 | 122,337 | |||
| Accumulated other comprehensive income | 94 | 76 | 113 | |||
| Accumulated deficit | (148,241) | (116,957) | (92,938) | |||
| Equity, attributable to noncontrolling interest | (4,894) | (3,950) | (2,502) | |||
| Total equity: | 2,581 | 23,245 | 27,012 | |||
| Other undisclosed liabilities and equity | 1,769 | 445 | ||||
| TOTAL LIABILITIES AND EQUITY: | 20,951 | 41,200 | 52,915 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Revenues | 8,332 | 5,373 | 4,191 | ||
| Cost of revenue | (6,981) | (4,197) | (2,002) | ||
| Gross profit: | 1,351 | 1,177 | 2,189 | ||
| Operating expenses | (33,456) | (38,092) | (29,420) | ||
| Operating loss: | (32,105) | (36,916) | (27,232) | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 810 | 12,359 | (47,385) | ||
| Interest and debt expense | 492 | ||||
| Loss from continuing operations before income taxes: | (31,295) | (24,557) | (74,124) | ||
| Income tax expense | (2) | (1) | (1) | ||
| Other undisclosed loss from continuing operations | |||||
| Loss from continuing operations: | (31,297) | (24,558) | (74,125) | ||
| Other undisclosed net loss | (492) | ||||
| Net loss: | (31,297) | (24,558) | (74,617) | ||
| Net income attributable to noncontrolling interest | 12 | 539 | 2,138 | ||
| Net loss attributable to parent: | (31,284) | (24,019) | (72,479) | ||
| Preferred stock dividends and other adjustments | (931) | (910) | (363) | ||
| Net loss available to common stockholders, diluted: | (32,216) | (24,928) | (72,842) | ||
Comprehensive Income ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Net loss: | (31,297) | (24,558) | (74,617) | ||
| Other undisclosed comprehensive income (loss) | 17 | (37) | 191 | ||
| Comprehensive loss: | (31,279) | (24,595) | (74,426) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 12 | 539 | 2,138 | ||
| Comprehensive loss, net of tax, attributable to parent: | (31,267) | (24,056) | (72,288) | ||
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.