Aeva Technologies, Inc.
For the period ended Jun 30, 2025. Filed Aug 6, 2025.
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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.
Jun 30, 2025 · Filed Aug 6, 2025
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 June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenue | $5,511 | $2,012 | $8,879 | $4,119 |
| Cost of revenue | 8,231 | 2,860 | 11,289 | 6,359 |
| Gross loss | (2,720) | (848) | (2,410) | (2,240) |
| Operating expenses: | ||||
| Research and development expenses | 22,841 | 26,196 | 44,410 | 51,208 |
| General and administrative expenses | 7,969 | 8,663 | 15,186 | 17,074 |
| Selling and marketing expenses | 1,393 | 1,706 | 3,335 | 4,235 |
| Litigation settlement, net | — | 11,500 | — | 11,500 |
| Total operating expenses | 32,203 | 48,065 | 62,931 | 84,017 |
| Operating loss | (34,923) | (48,913) | (65,341) | (86,257) |
| Interest income | 619 | 2,099 | 1,626 | 4,557 |
| Change in fair value of warrant liability | (88,478) | 3,517 | (93,878) | 3,080 |
| Fair value loss on share subscription liability | (69,996) | — | (69,996) | — |
| Other income (expense), net | 106 | 27 | 107 | 24 |
| Loss before income taxes | (192,672) | (43,270) | (227,482) | (78,596) |
| Income tax provision | 70 | 123 | 127 | 123 |
| Net loss | $(192,742) | $(43,393) | $(227,609) | $(78,719) |
| Unrealized gain (loss) on available-for-sale securities | 2 | 12 | (52) | (149) |
| Total comprehensive loss | $(192,740) | $(43,381) | $(227,661) | $(78,868) |
| Net loss per share, basic and diluted | $(3.49) | $(0.82) | $(4.14) | $(1.49) |
| Weighted-average shares used in computing net loss per share, basic and diluted | 55,161,124 | 52,995,093 | 54,956,722 | 52,868,909 |
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