Evolv Technologies Holdings, Inc.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $1.3m $307.5m $229.8m $67.2m $44.6m $49.1m
Prepaid Expense and Other Assets, Current $184k $11.0m $14.4m $17.0m $20.7m $35.2m
Cash, Cash Equivalents, and Short-term Investments $69.0m
Inventory, Net $2.7m $5.1m $10.3m $9.5m $11.5m $9.3m
Assets, Current $1.5m $333.7m $292.6m $175.8m $138.1m $151.3m
Property, Plant and Equipment, Net $9.3m $21.6m $44.7m $112.9m $129.5m $127.5m
Operating Lease, Right-of-Use Asset $0 $1.7m $1.2m $2.5m $12.3m
Other Assets, Noncurrent $401k $1.8m $1.2m $999k $5.4m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $1.4m $6.5m $31.9m $22.6m $19.7m $30.8m
Assets $174.1m $363.1m $348.1m $298.7m $280.0m $304.4m
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current $0 $1.1m $1.4m $1.7m $3.0m
Accounts Payable, Current $4.4m $6.4m $18.2m $17.4m $15.6m $9.8m
Operating Lease, Liability, Noncurrent $0 $892k $0 $980k $10.7m
Long-term Debt, Excluding Current Maturities $16.4m $7.9m $19.7m $0 $0 $28.6m
Deferred Revenue, Current $480k $6.7m $17.7m $23.8m $20.3m $16.7m
Long-term Debt, Current Maturities $2.0m $10.0m $0 $0
Liabilities, Current $760k $24.4m $59.1m $82.0m $76.4m $123.0m
Liabilities $28.3m $72.2m $121.1m $152.4m $140.2m $185.0m
Stockholders’ equity:
Preferred Stock, Value, Issued $1k $0 $0 $0 $0 $0
Common Stock, Value, Issued $1k $14k $15k $15k $16k $18k
Additional Paid in Capital $16.9m $395.6m $419.2m $444.8m $451.7m $507.3m
Retained Earnings (Accumulated Deficit) ($11.9m) ($104.7m) ($192.2m) ($298.5m) ($311.9m) ($387.8m)
Accumulated Other Comprehensive Income (Loss), Net of Tax $0 ($10k) ($53k) ($50k) ($141k)
Stockholders' Equity Attributable to Parent $5.0m $290.8m $227.0m $146.3m $139.8m $119.4m
Liabilities and Equity $174.1m $363.1m $348.1m $298.7m $280.0m $304.4m