Solid Power Inc
For the period ended Dec 31, 2024. Filed Feb 28, 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 Feb 28, 2025
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, | |||||||
| · · 2024 · 2023 | |||||||
| Cash Flows from Operating Activities | | | | | | | |
| Net loss | | $(96,520) | | $(65,549) | | ||
| Adjustments to reconcile net loss to net cash and cash equivalents from operating activities: | | | | | | | |
| Depreciation and amortization | | | 16,464 | | 11,962 | | |
| Amortization of right-of-use assets | | | 900 | | | 768 | |
| Loss on sales of property, plant, and equipment | | | 1,957 | | — | | |
| Loss on extinguishment of note receivable | | | 760 | | | — | |
| Share of net loss of equity method investee | | | 133 | | | — | |
| Stock-based compensation expense | | | 11,972 | | 10,370 | | |
| Change in fair value of warrant liabilities | | | 4,508 | | | (4,890) | |
| Accretion of discounts on other long-term liabilities | | | 78 | | | 174 | |
| Amortization of premiums and accretion of discounts on available-for-sale-securities | | | (7,829) | | | (10,975) | |
| Change in operating assets and liabilities that provided (used) cash and cash equivalents: | | | | | | | |
| Contract receivables | | | 160 | | (31) | | |
| Contract receivables from related parties | | | — | | | 319 | |
| Prepaid expenses and other assets | | | 710 | | (1,510) | | |
| Accounts payable and other accrued liabilities | | | 1,268 | | 1,814 | | |
| Deferred revenue | | | 3,150 | | (50) | | |
| Deferred revenue from related parties | | | (828) | | | (3,172) | |
| Accrued compensation | | | (11) | | 3,058 | | |
| Operating lease liabilities | | | (771) | | | (549) | |
| Net cash and cash equivalents used in operating activities | | | (63,899) | | (58,261) | | |
| Cash Flows from Investing Activities | | | | | | | |
| Purchases of property, plant and equipment | | | (15,942) | | (34,512) | | |
| Purchases of available-for-sale securities | | | (216,193) | | (327,591) | | |
| Proceeds from sales of available-for-sale securities | | | 302,966 | | | 405,161 | |
| Proceeds from sales of property, plant and equipment | | | 77 | | | — | |
| Cash paid for loan receivable from equity method investee | | | (5,610) | | | — | |
| Cash paid for equity method investment | | | (656) | | | — | |
| Purchases of intangible assets | | | (438) | | (556) | | |
| Net cash and cash equivalents provided by investing activities | | | 64,204 | | 42,502 | | |
| Cash Flows from Financing Activities | | | | | | | |
| Payments of debt | | | — | | (7) | | |
| Proceeds from exercise of stock options | | | 273 | | 220 | | |
| Proceeds from issuance of shares of common stock under the ESPP | | | 412 | | | 434 | |
| Cash paid for withholding of employee taxes related to stock-based compensation | | | (615) | | | (112) | |
| Repurchase of shares of common stock | | | (9,072) | | | — | |
| Payments on finance lease liabilities | | | (427) | | | (362) | |
| Net cash and cash equivalents provided by (used in) financing activities | | | (9,429) | | | 173 | |
| | | | | | | | |
| Net decrease in cash and cash equivalents | | | (9,124) | | | (15,586) | |
| Cash and cash equivalents at beginning of period | | | 34,537 | | | 50,123 | |
| Cash and cash equivalents at end of period | | $25,413 | | $34,537 | | ||
| | | | | | | | |
| Supplemental information | | | | | | | |
| Cash paid for interest | | $46 | | $84 | | ||
| Accrued capital expenditures | | $1,196 | | $814 | | ||
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