Aeva Technologies Inc
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 7, 2024
AEVA$12.27-0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
(IN THOUSANDS)
| Nine Months Ended September 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities: | ||
| Net loss | $(116,115) | $(104,367) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 4,042 | 3,145 |
| Impairment of inventories | 883 | 170 |
| Change in fair value of warrant liability | (1,817) | (68) |
| Stock-based compensation | 17,130 | 18,153 |
| Amortization of right-of-use assets | 2,576 | 2,278 |
| Amortization of premium and accretion of discount on available-for-sale securities, net | (2,932) | (2,102) |
| Other | 298 | — |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 53 | 2,118 |
| Inventories | (634) | 89 |
| Other current assets | (2,557) | (147) |
| Other noncurrent assets | 317 | (204) |
| Accounts payable | (563) | (2,402) |
| Accrued liabilities | 1,985 | (6,291) |
| Accrued employee costs | (1,626) | 139 |
| Lease liability | (2,663) | (2,253) |
| Other current liabilities | 15,608 | 250 |
| Net cash used in operating activities | (86,015) | (91,492) |
| Cash flows from investing activities: | ||
| Purchase of property, plant and equipment | (2,969) | (3,423) |
| Purchase of available-for-sale securities | (62,848) | (97,642) |
| Proceeds from maturities of available-for-sale securities | 144,108 | 165,597 |
| Net cash provided by investing activities | 78,291 | 64,532 |
| Cash flows from financing activities: | ||
| Payments of taxes withheld on net settled vesting of restricted stock units | (438) | (62) |
| Proceeds from exercise of stock options | 77 | 152 |
| Net cash (used in) provided by financing activities | (361) | 90 |
| Net decrease in cash and cash equivalents | (8,085) | (26,870) |
| Beginning cash and cash equivalents | 38,547 | 67,420 |
| Ending cash and cash equivalents | $30,462 | $40,550 |
| Supplemental disclosures of cash flow information: | ||
| Cash paid for interest | $— | $— |
| Cash paid for income taxes | $116 | $— |
| Supplemental disclosures of non-cash investing and financing activities: | ||
| Unpaid property, plant and equipment purchases | $61 | $604 |
| Right-of-use asset obtained in exchange for lease liability | $— | $2,646 |
| Taxes withheld on net settled vesting of restricted stock units | $39 | $— |
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