ESS Tech Inc
For the period ended Dec 31, 2023. Filed Mar 14, 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 Mar 14, 2024
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Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Stockholders’ Equity
(in thousands, except share data)
| Common Stock · Additional Paid-InCapital · AccumulatedDeficit · Total Stockholders’Equity | |||||
|---|---|---|---|---|---|
| Shares · Amount | |||||
| Balance as of December 31, 2021 | 151,839,058 | $16 | $745,753 | $(540,610) | $205,159 |
| Issuance of common stock under stock-based compensation plans, net of stock withheld for taxes | 2,226,463 | — | 657 | — | 657 |
| Cancellation of shares used to settle payroll tax withholding | (244,202) | — | (2,808) | — | (2,808) |
| Warrants issued | — | — | 46 | — | 46 |
| Warrants exercised | 20 | — | — | — | — |
| Stock-based compensation expense | — | — | 11,889 | — | 11,889 |
| Net loss | — | — | — | (77,969) | (77,969) |
| Balance as of Balance as of December 31, 2022 | 153,821,339 | $16 | $755,537 | $(618,579) | $136,974 |
| Issuance of common stock under stock-based compensation plans, net of stock withheld for taxes | 3,898,818 | — | 468 | — | 468 |
| Stock-based compensation expense | — | — | 10,635 | — | 10,635 |
| Issuance of common stock and common stock warrants, net of issuance costs of $368 thousand | 16,491,754 | 2 | 32,856 | — | 32,858 |
| Net loss | — | — | — | (77,578) | (77,578) |
| Balance as of December 31, 2023 | 174,211,911 | $18 | $799,496 | $(696,157) | $103,357 |
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