EVgo Inc

For the period ended Dec 31, 2023. Filed Mar 6, 2024.

About this filing

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 Mar 6, 2024

EVGO$1.82-1.1%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets at December 31, 2023 and 2022

Consolidated Balance Sheets


· · December 31,
(in thousands) · · 2023 · · 2022
Assets · · · ·
Current assets · · ·
Cash, cash equivalents and restricted cash	$209,146	$246,193
Accounts receivable, net of allowance of $1,116 and $687 as of December 31, 2023 and 2022, respectively	34,882	11,075
Accounts receivable, capital-build	9,297	8,011
Prepaid expenses and other current assets	14,081	10,205
Total current assets	267,406	275,484
Property, equipment and software, net	389,227	308,112
Operating lease right-of-use assets	67,724	51,856
Restricted cash	—	300
Other assets	2,208	2,308
Intangible assets, net	48,997	60,612
Goodwill	31,052	31,052
Total assets	$806,614	$729,724

Liabilities, redeemable noncontrolling interest and stockholders’ deficit
Current liabilities
Accounts payable	$10,133	$9,128
Accrued liabilities	40,549	39,233
Operating lease liabilities, current	6,018	4,958
Deferred revenue, current	23,114	16,023
Customer deposits	9,235	17,867
Other current liabilities	298	136
Total current liabilities	89,347	87,345
Operating lease liabilities, noncurrent	61,987	45,689
Earnout liability, at fair value	654	1,730
Asset retirement obligations	18,232	15,473
Capital-build liability	35,787	26,157
Deferred revenue, noncurrent	55,091	23,900
Warrant liabilities, at fair value	5,141	12,304
Total liabilities	$266,239	$212,598

Commitments and contingencies (Note 11)

Consolidated Balance Sheets (continued)


	December 31,
(in thousands, except share data) · · 2023 · · 2022
Redeemable noncontrolling interest		$700,964	$875,226

Stockholders’ deficit
Preferred stock, $0.0001 par value; 10,000,000 shares authorized as of December 31, 2023 and 2022; none issued and outstanding		—	—
Class A common stock, $0.0001 par value; 1,200,000,000 shares authorized as of December 31, 2023 and 2022; 102,935,965 and 70,247,726 shares outstanding (excluding 718,750 shares subject to possible forfeiture) as of December 31, 2023 and 2022, respectively		10	7
Class B common stock, $0.0001 par value; 400,000,000 shares authorized as of December 31, 2023 and 2022; 195,800,000 shares issued and outstanding as of December 31, 2023 and 2022		20	20
Additional paid-in capital		87,928	17,533
Accumulated deficit		(248,547)	(375,660)
Total stockholders’ deficit		(160,589)	(358,100)
Total liabilities, redeemable noncontrolling interest and stockholders’ deficit		$806,614	$729,724

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.