Solid Power Inc
For the period ended Dec 31, 2023. Filed Feb 28, 2024.
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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.
FY2023 · Filed Feb 28, 2024
SLDP$1.89-2.1%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 Statements of Cash Flows
| | | | | | | | |
|---|---|---|---|---|---|---|---|
| · · For the Years Ended December 31, | |||||||
| · · 2023 · 2022 | |||||||
| Cash Flows from Operating Activities | | | | | | | |
| Net loss | | $(65,549) | | $(9,555) | | ||
| Adjustments to reconcile net loss to net cash and cash equivalents from operating activities: | | | | | | | |
| Depreciation and amortization | | | 11,962 | | 5,176 | | |
| Amortization of right-of-use assets | | | 768 | | | 745 | |
| Loss on sale of property, plant, and equipment | | | — | | 11 | | |
| Stock-based compensation expense | | | 10,370 | | 8,672 | | |
| Deferred taxes | | | — | | (227) | | |
| Change in fair value of warrant liabilities | | | (4,890) | | | (40,903) | |
| Accretion of discounts on other long-term liabilities | | | 174 | | | — | |
| Amortization of premiums and accretion of discounts on marketable securities | | | (10,975) | | | (3,118) | |
| Change in operating assets and liabilities that provided (used) cash and cash equivalents: | | | | | | | |
| Contract receivables | | | (31) | | (692) | | |
| Contract receivables from related parties | | | 319 | | | (319) | |
| Prepaid expenses and other assets | | | (1,510) | | 2,687 | | |
| Accounts payable and other accrued liabilities | | | 1,814 | | (1,108) | | |
| Deferred revenue | | | (50) | | (450) | | |
| Deferred revenue from related parties | | | (3,172) | | | 4,000 | |
| Accrued compensation | | | 3,058 | | 1,658 | | |
| Operating and finance lease liabilities, short-term | | | (549) | | | (401) | |
| Net cash and cash equivalents used in operating activities | | | (58,261) | | (33,824) | | |
| Cash Flows from Investing Activities | | | | | | | |
| Purchases of property, plant and equipment | | | (34,512) | | (58,296) | | |
| Purchases of marketable securities and long-term investments | | | (327,591) | | (561,565) | | |
| Proceeds from sales of marketable securities | | | 405,161 | | | 190,374 | |
| Purchases of intangible assets | | | (556) | | (498) | | |
| Net cash and cash equivalents provided by (used in) investing activities | | | 42,502 | | (429,985) | | |
| Cash Flows from Financing Activities | | | | | | | |
| Payments of debt | | | (7) | | (121) | | |
| Proceeds from exercise of stock options | | | 220 | | 818 | | |
| Proceeds from issuance of shares of common stock under ESPP | | | 434 | | | — | |
| Cash paid for withholding of employee taxes related to stock-based compensation | | | (112) | | | (58) | |
| Payments on finance lease liabilities | | | (362) | | | (142) | |
| Transaction costs | | | — | | | (12) | |
| Net cash and cash equivalents provided by financing activities | | | 173 | | | 485 | |
| | | | | | | | |
| Net decrease in cash and cash equivalents | | | (15,586) | | | (463,324) | |
| Cash and cash equivalents at beginning of period | | | 50,123 | | | 513,447 | |
| Cash and cash equivalents at end of period | | | 34,537 | | | 50,123 | |
| | | | | | | | |
| Cash paid for interest | | $84 | | $42 | | ||
| Accrued capital expenditures | | $814 | | $7,561 | | ||
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