Archer Aviation Inc
For the period ended Dec 31, 2024. Filed Feb 28, 2025.
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FY2024 · Filed Feb 28, 2025
ACHR$4.81+8.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(In millions, except share and per share data)
| As of December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $834.5 | $464.6 |
| Restricted cash | 6.8 | 6.9 |
| Prepaid expenses | 12.5 | 7.9 |
| Other current assets | 4.6 | 0.8 |
| Total current assets | 858.4 | 480.2 |
| Property and equipment, net | 126.8 | 57.6 |
| Intangible assets, net | 0.3 | 0.4 |
| Right-of-use assets | 8.1 | 8.9 |
| Other long-term assets | 7.6 | 7.2 |
| Total assets | $1,001.2 | $554.3 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities | ||
| Accounts payable | $14.6 | $14.3 |
| Current portion of lease liabilities | 3.7 | 2.8 |
| Accrued expenses and other current liabilities | 52.8 | 96.9 |
| Total current liabilities | 71.1 | 114.0 |
| Notes payable | 64.0 | 7.2 |
| Lease liabilities, net of current portion | 11.3 | 13.2 |
| Warrant liabilities | 89.4 | 39.9 |
| Other long-term liabilities | 12.8 | 12.9 |
| Total liabilities | 248.6 | 187.2 |
| Commitments and contingencies (Note 7) | ||
| Stockholders’ equity | ||
| Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding as of December 31, 2024 and 2023 | — | — |
| Class A common stock, $0.0001 par value; 1,400,000,000 and 700,000,000 shares authorized as of December 31, 2024 and 2023, respectively; 503,777,464 and 265,617,341 shares issued and outstanding as of December 31, 2024 and 2023, respectively | 0.1 | — |
| Class B common stock, $0.0001 par value; 300,000,000 shares authorized; 0 and 38,165,615 shares issued and outstanding as of December 31, 2024 and 2023, respectively | — | — |
| Additional paid-in capital | 2,438.4 | 1,515.9 |
| Accumulated deficit | (1,685.6) | (1,148.8) |
| Accumulated other comprehensive loss | (0.3) | — |
| Total stockholders’ equity | 752.6 | 367.1 |
| Total liabilities and stockholders’ equity | $1,001.2 | $554.3 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.