EVgo Inc

For the period ended Dec 31, 2024. Filed Mar 6, 2025.

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.

FY2024 · Filed Mar 6, 2025

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, 2024 and 2023

Consolidated Balance Sheets


· · December 31,
(in thousands) · · 2024 · · 2023
Assets · · · · ·
Current assets · · ·
Cash and cash equivalents	$117,273	$208,674
Restricted cash	3,239	472
Accounts receivable, net of allowance of $1,196 and $1,116 as of December 31, 2024 and 2023	45,849	34,882
Accounts receivable, capital-build	17,732	9,297
Prepaids and other current assets	21,282	14,081
Total current assets	205,375	267,406
Property, equipment and software, net	414,968	389,227
Operating lease right-of-use assets	89,295	67,724
Other assets	24,321	2,208
Intangible assets, net	38,750	48,997
Goodwill	31,052	31,052
Total assets	$803,761	$806,614

Liabilities, redeemable noncontrolling interest and stockholders’ deficit
Current liabilities
Accounts payable	$13,031	$10,133
Accrued liabilities	42,953	40,549
Operating lease liabilities, current	7,326	6,018
Deferred revenue, current	46,258	32,349
Other current liabilities	1,842	298
Total current liabilities	111,410	89,347
Operating lease liabilities, noncurrent	83,043	61,987
Earnout liability, at fair value	942	654
Asset retirement obligations	23,793	18,232
Capital-build liability	51,705	35,787
Deferred revenue, noncurrent	70,466	55,091
Warrant liabilities, at fair value	9,740	5,141
Other long-term liabilities	8,931	—
Total liabilities	$360,030	$266,239

Commitments and contingencies (Note 11)

Consolidated Balance Sheets (continued)


	December 31,
(in thousands, except share data) · · 2024 · · 2023
Redeemable noncontrolling interest		$699,840	$700,964

Stockholders’ deficit
Preferred stock, $0.0001 par value; 10,000,000 shares authorized as of December 31, 2024 and 2023; none issued and outstanding		—	—
Class A common stock, $0.0001 par value; 1,200,000,000 shares authorized as of December 31, 2024 and 2023; 129,973,698 and 102,935,965 shares outstanding (excluding 718,750 shares subject to possible forfeiture) as of December 31, 2024 and 2023, respectively		13	10
Class B common stock, $0.0001 par value; 400,000,000 shares authorized as of December 31, 2024 and 2023; 172,800,000 and 195,800,000 shares issued and outstanding as of December 31, 2024 and 2023		17	20
Additional paid-in capital		—	87,928
Accumulated deficit		(256,139)	(248,547)
Total stockholders’ deficit		(256,109)	(160,589)
Total liabilities, redeemable noncontrolling interest and stockholders’ deficit		$803,761	$806,614

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.