Electric Last Mile Solutions, Inc. (ELMS) financial statements (2022 and earlier)

Company profile

Business Address 1055 W. SQUARE LAKE ROAD
TROY, MI 48098
State of Incorp. DE
Fiscal Year End December 31
SIC 3711 - Motor Vehicles and Passenger Car Bodies (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2021
TTM
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 1,555
Cash and cash equivalents 1,555
Prepaid expense 157
Total current assets: 1,713
Noncurrent Assets
Assets held-in-trust 250,067
Total noncurrent assets: 250,067
TOTAL ASSETS: 251,780
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 3,330
Accrued liabilities 3,330
Total current liabilities: 3,330
Noncurrent Liabilities
Other undisclosed noncurrent liabilities 38,610
Total noncurrent liabilities: 38,610
Total liabilities: 41,940
Temporary equity, carrying amount 204,840
Stockholders' equity
Stockholders' equity attributable to parent, including: 5,000
Additional paid in capital 34,362
Accumulated deficit (29,363)
Other undisclosed stockholders' equity attributable to parent 1
Total stockholders' equity: 5,000
TOTAL LIABILITIES AND EQUITY: 251,780

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

9/30/2021
TTM
12/31/2020
Operating expenses (3,617)
Operating loss: (3,617)
Nonoperating expense
(Other Nonoperating expense)
 (25,744)
Net loss available to common stockholders, diluted: (29,361)

Comprehensive Income ($ in thousands)

9/30/2021
TTM
12/31/2020
Net loss: (29,361)
Comprehensive loss, net of tax, attributable to parent: (29,361)

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.

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