Eve Holding Inc
For the period ended Dec 31, 2024. Filed Mar 11, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 11, 2025
EVEX$1.99+2.1%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 STATEMENTSOF CASH FLOWS
(In thousands)
| · · Year Ended December 31, | ||||
|---|---|---|---|---|
| | | 2024 | 2023 | 2022 |
| Cash flows from operating activities | ||||
| Net loss | $(138,168) | $(127,658) | $(174,030) | |
| Adjustments to reconcile net loss to net cash used by operating activities | ||||
| Depreciation, amortization, and loss on disposal | 252 | 184 | 25 | |
| Non-cash lease expenses | 520 | 84 | 9 | |
| Unrealized (gain)/loss on exchange rate changes | (2,489) | (9) | - | |
| Share-based compensation | 3,699 | 3,292 | 3,302 | |
| Warrant expenses | - | 2,343 | 108,085 | |
| Change in fair value of derivative financial instruments | (6,983) | 10,403 | (9,548) | |
| Deferred income taxes | (923) | (1,714) | - | |
| Non-cash tax expense | - | 436 | - | |
| Changes in operating assets and liabilities | ||||
| Accrued interest on financial investments, net | (3,794) | 564 | (1,782) | |
| Accrued interest on related party loan receivable, net | 2,042 | (391) | (1,650) | |
| Other assets | (4,347) | 623 | 4,840 | |
| Related party receivables | (282) | (299) | 207 | |
| Accounts payable | (3,310) | 2,460 | 1,924 | |
| Related party payables | 15,705 | 7,510 | 2,864 | |
| Other payables | 2,111 | 7,664 | 6,295 | |
| Net cash used by operating activities | (135,966) | (94,509) | (59,458) | |
| Cash flows from investing activities | ||||
| Redemptions of financial investments | 137,000 | 219,500 | - | |
| Purchases of financial investments | (269,000) | (152,500) | (177,000) | |
| Related party loan collected (disbursed) | 81,000 | - | (81,000) | |
| Expenditures for property, plant and equipment | (5,216) | (168) | (476) | |
| Net cash (used) provided by investing activities | (56,216) | 66,832 | (258,476) | |
| Cash flows from financing activities | ||||
| Proceeds from issuance of common stock, net of fees to investors | 94,288 | - | - | |
| Non-investor equity issuance costs | (956) | - | - | |
| Proceeds from issuance of debt | 110,762 | 25,453 | - | |
| Non-creditor debt issuance costs | (1,084) | (243) | - | |
| Tax withholding on share-based compensation | - | (287) | - | |
| Capital contribution net of transaction costs reimbursed to Zanite | - | - | 369,830 | |
| Transaction costs reimbursed to parent | - | - | (15,754) | |
| Distribution to parent, net | - | - | (1,373) | |
| Proceeds from exercised warrants | 9 | 3 | - | |
| Net cash provided by financing activities | 203,019 | 24,926 | 352,704 | |
| Effect of exchange rate changes on cash and cash equivalents | (1,354) | 487 | - | |
| Net increase (decrease) in cash and cash equivalents | 9,484 | (2,264) | 34,770 | |
| Cash and cash equivalents at the beginning of the period | 46,882 | 49,146 | 14,377 | |
| Cash and cash equivalents at the end of the period | $56,366 | $46,882 | $49,146 | |
| Supplemental disclosure of cash information | ||||
| Cash paid for | ||||
| Interest | $2,839 | $77 | $ | - |
| Income taxes | $3,569 | $1,762 | $970 | |
| Supplemental disclosure of other non-cash investing and financing activities | ||||
| Property, plant & equipment expenditures in accounts payable and other payables | $137 | $106 | $ | - |
| Right-of-use assets obtained in exchange for operating lease liabilities | $1,108 | $376 | $224 | |
| Issuance of common stock for vested restricted stock units | $878 | $1,366 | $1,585 | |
The accompanying notes are an integral part of these consolidated financial statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.