← Evolv Technologies Holdings, Inc.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($11.9m) | ($10.9m) | ($86.4m) | ($106.3m) | ($54.0m) | ($33.1m) | — | |
| Depreciation, Depletion and Amortization | $1.1m | $2.9m | $5.5m | $9.9m | $17.4m | $24.3m | $25.6m | |
| Amortization of Debt Issuance Costs | — | $100k | — | — | — | — | — | |
| Capitalized Computer Software, Amortization | — | — | — | $1.0m | $1.7m | $3.9m | — | |
| Deferred Income Tax Expense (Benefit) | — | — | — | $0 | $0 | $0 | — | |
| Share-based Payment Arrangement, Noncash Expense | — | $8.5m | $22.5m | $24.2m | $24.8m | $21.1m | $21.8m | |
| Share-based Payment Arrangement, Expense | — | $8.5m | $22.5m | $24.2m | $24.8m | $21.1m | $21.8m | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | $983k | $0 | — | |
| Nonoperating Income (Expense) | ($10.9m) | $43.2m | $16.2m | ($17.9m) | $28.3m | $15.4m | — | |
| Other Nonoperating Income (Expense) | — | — | ($64k) | ($84k) | ($83k) | $99k | — | |
| Changes in operating assets and liabilities: | ||||||||
| Increase (Decrease) in Accounts Receivable | — | $5.1m | $25.6m | ($8.9m) | $7.0m | $2.3m | ($7.5m) | |
| Accounts Receivable, Credit Loss Expense (Reversal) | — | ($50k) | $150k | $410k | $155k | ($114k) | ($7.5m) | |
| Increase (Decrease) in Inventories | — | $17.5m | $8.5m | $644k | $7.9m | ($9.1m) | $3.6m | |
| Inventory Write-down | — | $2.1m | $1.6m | $1.6m | $2.6m | $2.9m | — | |
| Increase (Decrease) in Accounts Payable | — | ($7k) | $7.7m | ($6.0m) | $192k | $3.8m | $8.6m | |
| Purchases of property and equipment, accrued but unpaid | $6.6m | $3.7m | $21.5m | $69.1m | $31.2m | $31.4m | ($27.7m) | |
| Net Cash Provided by (Used in) Operating Activities | ($454k) |
($69.6m)
-15236.56%
|
($74.7m)
-7.32%
|
($9.8m)
+86.88%
|
($30.9m)
-214.79%
|
$18.7m
+160.51%
|
$18.0m
-3.43%
|
|
| Cash flows from investing activities: | ||||||||
| Payments to Acquire Property, Plant, and Equipment | $6.6m | $3.7m | $21.5m | $69.1m | $31.2m | $31.4m | ($27.7m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | $0 | ($617k) | $0 | $322k | $224k | ($3.8m) | $2.9m | |
| Cash, Cash Equivalents, and Short-term Investments | — | — | — | — | $51.9m | $69.0m | — | |
| Net Cash Provided by (Used in) Investing Activities | ($6.6m) | ($4.7m) | ($23.9m) | ($123.1m) | ($1.4m) | ($41.8m) | ($22.7m) | |
| Cash flows from financing activities: | ||||||||
| Gain (Loss) on Extinguishment of Debt | — | ($12.7m) | $0 | ($626k) | $0 | — | — | |
| Repayments of Long-term Debt | — | $5.4m | $10.0m | $31.9m | $0 | — | $0 | |
| Proceeds from Issuance of Long-term Debt | $22.4m | $31.9m | $29.7m | $1.9m | $0 | $26.3m | $26.3m | |
| Proceeds from Issuance of Common Stock | $30k | $300.0m | $0 | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | $174.3m |
$377.8m
+116.79%
|
$20.5m
-94.57%
|
($29.7m)
-244.63%
|
$1.8m
+106.10%
|
$35.4m
+1856.94%
|
$35.7m
+0.85%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $303.5m | ($78.1m) | ($162.6m) | ($30.4m) | $12.1m | $56.1m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $4.7m | $308.2m | $230.1m | $67.4m | $37.0m | $49.1m | $56.1m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $0 | ($10k) | ($43k) | $21k | ($109k) | ($35k) | |
| Additional Supplementary Disclosures | ||||||||
| Additional Supplementary Disclosures | ||||||||
| Proceeds from Stock Options Exercised | $442k | $915k | $827k | $668k | $1.8m | $9.1m | — | |
| Supplemental disclosure of cash flow information: | ||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $405k | $850k | $581k | $710k | $0 | $1.2m | — | |
| Noncash investing and financing activities: | ||||||||
| Additional Financial Items | ||||||||
| General and Administrative Expense | $1.0m | $20.0m | $37.7m | $42.1m | $56.6m | $54.9m | — | |
| Income Tax Expense (Benefit) | — | $0 | $0 | $51k | $0 | $62k | — | |
| Interest Expense Nonoperating | — | — | — | — | $0 | $1.7m | — | |
| Investment Income, Interest | — | — | $3.2m | $6.2m | $2.9m | $1.5m | — | |
| Operating Expenses | — | $60.7m | $104.3m | $122.1m | $141.6m | $123.8m | — | |
| Operating Lease, Lease Income | — | — | $17.6m | $37.2m | $65.0m | $83.8m | — | |
| Payments of Financing Costs | $498k | — | — | — | — | — | — |