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 Operations
CONDENSED CONSOLIDATED STAT EMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
(IN THOUSANDS, EXCEPT SHARE AND PER SHARE DATA)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenue | $2,250 | $810 | $6,369 | $2,701 |
| Cost of revenue | 2,971 | 2,525 | 9,330 | 7,715 |
| Gross loss | (721) | (1,715) | (2,961) | (5,014) |
| Operating expenses: | ||||
| Research and development expenses | 27,116 | 23,787 | 78,324 | 76,306 |
| General and administrative expenses | 8,456 | 8,474 | 25,530 | 24,020 |
| Selling and marketing expenses | 1,583 | 1,520 | 5,818 | 5,603 |
| Litigation settlement, net | — | — | 11,500 | — |
| Total operating expenses | 37,155 | 33,781 | 121,172 | 105,929 |
| Operating loss | (37,876) | (35,496) | (124,133) | (110,943) |
| Interest income | 1,770 | 2,219 | 6,327 | 6,508 |
| Other income (expense), net | (1,268) | 39 | 1,836 | 68 |
| Loss before income taxes | (37,374) | (33,238) | (115,970) | (104,367) |
| Income tax provision | 22 | — | 145 | — |
| Net loss | $(37,396) | $(33,238) | $(116,115) | $(104,367) |
| Unrealized gain on available-for-sale securities | 352 | 915 | 203 | 2,604 |
| Total comprehensive loss | $(37,044) | $(32,323) | $(115,912) | $(101,763) |
| Net loss per share, basic and diluted | $(0.70) | $(0.75) | $(2.18) | $(2.36) |
| Weighted-average shares used in computing net loss per share, basic and diluted | 53,704,039 | 44,565,164 | 53,149,318 | 44,200,670 |
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