QuantumScape Corp
For the period ended Mar 31, 2024. Filed Apr 26, 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.
Mar 31, 2024 · Filed Apr 26, 2024
QS$4.45-2.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets (Unaudited)
(In Thousands, Except per Share Amounts)
| March 31, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents ($3,564 and $3,522 as of March 31, 2024 and December 31, 2023, respectively, for joint venture) | $192,321 | $142,524 |
| Marketable securities | 817,314 | 928,284 |
| Prepaid expenses and other current assets | 35,400 | 12,709 |
| Total current assets | 1,045,035 | 1,083,517 |
| Property and equipment, net | 315,644 | 313,164 |
| Right-of-use assets - finance lease | 24,422 | 25,140 |
| Right-of-use assets - operating lease | 54,596 | 55,863 |
| Other assets | 24,281 | 24,294 |
| Total assets | $1,463,978 | $1,501,978 |
| Liabilities, redeemable non-controlling interest and stockholders’ equity | ||
| Current liabilities | ||
| Accounts payable | $11,508 | $12,959 |
| Accrued liabilities | 72,331 | 10,180 |
| Accrued compensation and benefits | 8,738 | 26,043 |
| Operating lease liability, short-term | 5,110 | 5,006 |
| Finance lease liability, short-term | 2,986 | 2,907 |
| Total current liabilities | 100,673 | 57,095 |
| Operating lease liability, long-term | 56,256 | 57,622 |
| Finance lease liability, long-term | 34,314 | 35,098 |
| Other liabilities | 13,073 | 11,986 |
| Total liabilities | 204,316 | 161,801 |
| Commitments and contingencies (see Note 7) | ||
| Redeemable non-controlling interest | 1,790 | 1,770 |
| Stockholders’ equity | ||
| Preferred stock- $0.0001 par value; 100,000 shares authorized; none issued and outstanding as of March 31, 2024 and December 31, 2023 | — | — |
| Common stock - $0.0001 par value; 1,250,000 shares authorized (1,000,000 Class A and 250,000 Class B); 444,821 Class A and 54,666 Class B shares issued and outstanding as of March 31, 2024; 433,157 Class A and 59,874 Class B shares issued and outstanding as of December 31, 2023 | 50 | 49 |
| Additional paid-in-capital | 4,260,514 | 4,221,892 |
| Accumulated other comprehensive loss | (1,387) | (2,877) |
| Accumulated deficit | (3,001,305) | (2,880,657) |
| Total stockholders’ equity | 1,257,872 | 1,338,407 |
| Total liabilities, redeemable non-controlling interest and stockholders’ equity | $1,463,978 | $1,501,978 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.