Archer Aviation Inc
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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FY2023 · Filed Feb 29, 2024
ACHR$4.81+8.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(In millions, except share and per share data)
| Year Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Operating expenses | |||
| Research and development | $276.4 | $171.5 | $64.3 |
| General and administrative | 168.4 | 165.1 | 176.7 |
| Other warrant expense | 2.1 | 10.8 | 117.3 |
| Total operating expenses | 446.9 | 347.4 | 358.3 |
| Loss from operations | (446.9) | (347.4) | (358.3) |
| Gain on forgiveness of PPP loan | — | — | 0.9 |
| Other (expense) income, net | (26.9) | 27.8 | 10.6 |
| Interest income (expense), net | 16.4 | 2.3 | (1.0) |
| Loss before income taxes | (457.4) | (317.3) | (347.8) |
| Income tax expense | (0.5) | — | — |
| Net loss | $(457.9) | $(317.3) | $(347.8) |
| Net loss per share, basic and diluted | $(1.69) | $(1.32) | $(3.14) |
| Weighted-average shares outstanding, basic and diluted | 270,408,132 | 240,476,894 | 110,836,238 |
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