T1 Energy Inc. (TEWT) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1211 E 4TH ST. AUSTIN, TX 78702 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3674 - Semiconductors and Related Devices (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2024 | 12/31/2023 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 253,339 | |||
| Cash and cash equivalent | 253,339 | |||
| Restricted cash and investments | 22,403 | |||
| Inventory, net of allowances, customer advances and progress billings | ||||
| Inventory | ||||
| Prepaid expense | 2,168 | |||
| Advances on inventory purchases | ||||
| Disposal group, including discontinued operation | ||||
| Other current assets | 34,044 | |||
| Total current assets: | 311,954 | |||
| Noncurrent Assets | ||||
| Operating lease, right-of-use asset | 24,476 | |||
| Property, plant and equipment | 366,357 | |||
| Long-term investments and receivables | 22,303 | |||
| Long-term investments | 22,303 | |||
| Intangible assets, net (including goodwill) | 2,813 | |||
| Goodwill | ||||
| Intangible assets, net (excluding goodwill) | 2,813 | |||
| Other noncurrent assets | 4,282 | |||
| Total noncurrent assets: | 420,231 | |||
| TOTAL ASSETS: | 732,185 | |||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities | 48,903 | |||
| Accounts payable | 18,113 | |||
| Accrued liabilities | 30,790 | |||
| Deferred revenue | ||||
| Debt | ||||
| Deferred compensation liability | 281 | |||
| Derivative instruments and hedges, liabilities | ||||
| Disposal group, including discontinued operation | ||||
| Other undisclosed current liabilities | ||||
| Total current liabilities: | 49,184 | |||
| Noncurrent Liabilities | ||||
| Long-term debt and lease obligation | ||||
| Long-term debt, excluding current maturities | ||||
| Liabilities, other than long-term debt | 48,285 | |||
| Deferred revenue | ||||
| Deferred income tax liabilities | ||||
| Other liabilities | 27,444 | |||
| Operating lease, liability | 18,816 | |||
| Derivative instruments and hedges, liabilities | 2,025 | |||
| Total noncurrent liabilities: | 48,285 | |||
| Total liabilities: | 97,469 | |||
| Temporary equity, including noncontrolling interest | ||||
| Equity | ||||
| Equity, attributable to parent | 633,195 | |||
| Common stock | 1,397 | |||
| Additional paid in capital | 925,623 | |||
| Accumulated other comprehensive loss | (18,826) | |||
| Accumulated deficit | (274,999) | |||
| Equity, attributable to noncontrolling interest | 1,521 | |||
| Total equity: | 634,716 | |||
| TOTAL LIABILITIES AND EQUITY: | 732,185 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2024 | 12/31/2023 | ||
|---|---|---|---|
| Revenues | |||
| Cost of revenue (Cost of Product and Service Sold) | |||
| Gross profit: | |||
| Operating expenses | (142,985) | ||
| Operating loss: | (142,985) | ||
| Nonoperating income (expense) | 70,559 | ||
| Investment income, nonoperating | |||
| Gain, foreign currency transaction, before tax | 20,855 | ||
| Other nonoperating income | 6,918 | ||
| Loss from continuing operations before income taxes: | (72,426) | ||
| Income tax expense (benefit) | (670) | ||
| Loss from continuing operations: | (73,096) | ||
| Loss from discontinued operations | |||
| Net loss: | (73,096) | ||
| Net income attributable to noncontrolling interest | 1,151 | ||
| Net loss attributable to parent: | (71,945) | ||
| Preferred stock dividends and other adjustments | |||
| Net loss available to common stockholders, diluted: | (71,945) | ||
Comprehensive Income ($ in thousands)
| 12/31/2024 | 12/31/2023 | ||
|---|---|---|---|
| Net loss: | (73,096) | ||
| Other comprehensive loss | (27,920) | ||
| Comprehensive loss: | (101,016) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 1,151 | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | |||
| Comprehensive loss, net of tax, attributable to parent: | (99,865) | ||
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.