FARADAY FUTURE INTELLIGENT ELECTRIC INC.
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
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FY2024 · Filed Mar 31, 2025
FFAI$0.28-8.9%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 as of and
Years Ended December 31, 2024 and December 31, 2023
(in thousands, except share and per share data)
| December 31, 2024 | December 31, 2023 | |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash | $7,144 | $1,898 |
| Restricted cash | 30 | 2,127 |
| Accounts receivable | — | 7 |
| Inventory, net | 27,486 | 34,229 |
| Deposits | 31,094 | 31,382 |
| Other current assets | 6,127 | 21,721 |
| Total current assets | 71,881 | 91,364 |
| Property, plant and equipment, net | 348,587 | 417,812 |
| Operating lease right-of-use assets, net | 1,761 | 16,486 |
| Other non-current assets | 3,171 | 4,877 |
| Total assets | $425,400 | $530,539 |
| Liabilities and stockholders’ equity | ||
| Current liabilities | ||
| Accounts payable | $71,414 | $93,170 |
| Accrued expenses and other current liabilities | 45,677 | 55,109 |
| Related party accrued expenses and other current liabilities | 11,077 | 7,282 |
| Warrant liabilities | 28,864 | 285 |
| Related party warrant liabilities | — | 21 |
| Accrued interest | 25 | 25 |
| Related party accrued interest | 23,227 | 753 |
| Other financing liabilities, current portion | 761 | — |
| Operating lease liabilities, current portion | 2,128 | 3,621 |
| Notes payable | 4,224 | 91,150 |
| Related party notes payable | 5,310 | 9,760 |
| Total current liabilities | 192,707 | 261,176 |
| Other financing liabilities, long term portion | 38,698 | 25,483 |
| Operating lease liabilities, long term portion | 14 | 14,306 |
| Notes payable, long term portion | 45,264 | — |
| Related party notes payable, long term portion | 2,754 | — |
| Derivative call options | 29,709 | — |
| Other liabilities | 1,287 | 1,338 |
| Total liabilities | 310,433 | 302,303 |
| Stockholders’ equity | ||
| Class A Common Stock, 0.0001 par value; 99,815,625 and 1,232,292 shares authorized; 65,919,127 and 1,060,833 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively | 6 | — |
| Class B Common Stock, 0.0001 par value; 4,429,688 and 54,688 shares authorized; 6,667 and 6,667 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively | — | — |
| Preferred Stock, 0.0001 par value; 10,000,000 shares authorized; 1 and zero shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively | — | — |
| Additional paid-in capital | 4,421,563 | 4,180,873 |
| Accumulated other comprehensive income | 7,744 | 5,862 |
| Accumulated deficit | (4,314,346) | (3,958,499) |
| Total stockholders’ equity | 114,967 | 228,236 |
| Total liabilities and stockholders’ equity | $425,400 | $530,539 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.