QuantumScape Corp
For the period ended Jun 30, 2025. Filed Jul 25, 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 Jul 25, 2025
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)
| June 30, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $172,451 | $140,866 |
| Marketable securities | 625,042 | 769,901 |
| Prepaid expenses and other current assets | 8,746 | 11,519 |
| Total current assets | 806,239 | 922,286 |
| Property and equipment, net | 266,391 | 299,992 |
| Right-of-use assets - operating lease | 48,795 | 51,472 |
| Right-of-use assets - finance lease | 20,830 | 22,267 |
| Other assets | 26,133 | 26,378 |
| Total assets | $1,168,388 | $1,322,395 |
| Liabilities and stockholders’ equity | ||
| Current liabilities | ||
| Accounts payable | $6,479 | $6,466 |
| Accrued liabilities | 18,428 | 17,447 |
| Accrued compensation and benefits | 14,998 | 32,212 |
| Operating lease liability, short-term | 5,862 | 5,526 |
| Finance lease liability, short-term | 3,405 | 3,233 |
| Total current liabilities | 49,172 | 64,884 |
| Operating lease liability, long-term | 49,983 | 52,913 |
| Finance lease liability, long-term | 30,113 | 31,865 |
| Other liabilities | 14,324 | 14,886 |
| Total liabilities | 143,592 | 164,548 |
| Commitment and contingencies (see Note 7) | ||
| Stockholders’ equity | ||
| Preferred stock- $0.0001 par value; 100,000 shares authorized, none issued and outstanding as of June 30, 2025 and December 31, 2024 | — | — |
| Common stock - $0.0001 par value; 1,250,000 shares authorized (1,000,000 Class A and 250,000 Class B); 522,075 Class A and 43,241 Class B shares issued and outstanding as of June 30, 2025, 487,883 Class A and 54,666 Class B shares issued and outstanding as of December 31, 2024 | 56 | 54 |
| Additional paid-in-capital | 4,612,488 | 4,515,879 |
| Accumulated other comprehensive income (loss) | (113) | 428 |
| Accumulated deficit | (3,587,635) | (3,358,514) |
| Total stockholders’ equity | 1,024,796 | 1,157,847 |
| Total liabilities and stockholders’ equity | $1,168,388 | $1,322,395 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.