Aeva Technologies, Inc.
For the period ended Dec 31, 2024. Filed Mar 21, 2025.
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FY2024 · Filed Mar 21, 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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Item 8. Consolidated Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands)
| Year EndedDecember 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Cash flows from operating activities: | |||
| Net loss | $(152,261) | $(149,333) | $(147,305) |
| Adjustments to reconcile net loss to net cash used in operating activities: | |||
| Depreciation and amortization | 5,480 | 4,622 | 3,265 |
| Impairment of inventories | 1,140 | 224 | 1,664 |
| Fair value at issuance of Series A warrants | — | 6,500 | — |
| Change in fair value of warrant liabilities | 1,486 | 182 | (970) |
| Stock-based compensation | 23,708 | 23,675 | 24,247 |
| Amortization of right-of-use assets | 3,463 | 3,108 | 2,882 |
| Realized loss on available-for-sale securities | — | — | 29 |
| Amortization of premium and accretion of discount on available-for-sale securities, net | (3,537) | (2,973) | 389 |
| Other | 563 | — | — |
| Changes in operating assets and liabilities: | |||
| Accounts receivable | (559) | 2,259 | (546) |
| Inventories | (1,111) | 353 | (2,552) |
| Other current assets | (2,566) | 279 | 3,634 |
| Other noncurrent assets | 318 | (270) | (3) |
| Accounts payable | 1,835 | (1,592) | 1,287 |
| Accrued liabilities | 2,334 | (6,415) | 4,953 |
| Accrued employee costs | (260) | 1,322 | 2,525 |
| Lease liability | (3,595) | (3,097) | (2,871) |
| Other current liabilities | 16,649 | 2,330 | (539) |
| Net cash used in operating activities | (106,913) | (118,826) | (109,911) |
| Cash flows from investing activities: | |||
| Purchase of property, plant, and equipment (including advance) | (5,107) | (6,104) | (7,439) |
| Purchase of non-marketable equity investments | — | (5,000) | — |
| Purchase of available-for-sale securities | (79,980) | (152,364) | (210,197) |
| Proceeds from maturities of available-for-sale securities | 182,988 | 232,745 | 328,526 |
| Net cash provided by investing activities | 97,901 | 69,277 | 110,890 |
| Cash flows from financing activities: | |||
| Proceeds from issuance of stock in private placement | — | 21,455 | — |
| Transaction costs related to issuance of stock in private placement | — | (818) | — |
| Payments of taxes withheld on net settled vesting of restricted stock units | (752) | (199) | (720) |
| Proceeds from exercise of stock options | 81 | 238 | 350 |
| Proceeds from exercise of warrants | — | — | 1 |
| Net cash (used in) provided by financing activities | (671) | 20,676 | (369) |
| Net increase (decrease) in cash and cash equivalents | (9,683) | (28,873) | 610 |
| Beginning cash and cash equivalents | 38,547 | 67,420 | 66,810 |
| Ending cash and cash equivalents | $28,864 | $38,547 | $67,420 |
| Supplemental disclosures of cash flow information: | |||
| Cash paid for interest | $— | $— | $— |
| Cash paid for income taxes | $165 | $— | $— |
| Supplemental disclosure of noncash investing and financing activities: | |||
| Unpaid property, plant and equipment purchases | $835 | $90 | $79 |
| Right-of-use asset obtained in exchange for lease liability | $— | $2,995 | $— |
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