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FARADAY FUTURE INTELLIGENT ELECTRIC INC.

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

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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 31, 2025

FFAI$0.25-9.2%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Stockholders’ Equity for the years ended

Consolidated Statements of Stockholders’ Equity

(in thousands, except share data)

Common Stock · Additional Paid-in Capital · Accumulated Other Comprehensive Income (Loss) · AccumulatedDeficit · Total Stockholder’sEquity
Class A · Class B
Shares · Amount · Shares · Amount
Balance as of December 31, 2022 (as restated)58,682$—6,667$—$3,724,242$3,505$(3,526,755)$200,992
Conversion of notes payable and accrued interest into Class A Common Stock (see Note 7)625,650———360,668——360,668
Change in classification of warrants from Additional paid-in capital to liability pursuant to the Warrant Exchange (see Note 7)————(6,811)——(6,811)
Reclassification of February 28, 2023 earnout shares liability to equity due to authorized share increase (see Note 11)————5,014——5,014
Reclassification of February 28, 2023 stock-based awards liability to equity due to authorized share increase (see Note 11)————8,978——8,978
Reclassification of earnout shares from equity to liability on April 21, 2023 due to insufficient authorized shares (see Note 11)————(2,112)——(2,112)
Reclassification of stock-based awards from equity to liability on April 21, 2023 due to insufficient authorized shares (see Note 11)————(2,979)——(2,979)
Reclassification of August 25, 2023 earnout shares liability to equity due to authorized share increase————1,381——1,381
Reclassification of August 25, 2023 stock-based awards liability to equity due to authorized share increase————2,043——2,043
Issuance of common stock368,803———34,492——34,492
Reverse stock split round up share issuances2,040———————
Stock-based compensation————5,101——5,101
Exercise of warrants5,326———51,276——51,276
Exercise of stock options6———44——44
Issuance of shares for RSU vesting net of tax withholdings352———(464)——(464)
Cancellations(26)———————
Foreign currency translation adjustment—————2,357—2,357
Net loss——————(431,744)(431,744)
Balance as of December 31, 20231,060,833$—6,667$—$4,180,873$5,862$(3,958,499)$228,236

Faraday Faraday Future Intelligent Electric Inc.

Consolidated Statements of Stockholders’ Equity — (Continued)

(in thousands, except share data)

Common Stock · Additional Paid-in Capital · Accumulated Other Comprehensive Income (Loss) · Accumulated Deficit · Total Stockholders’ Equity
Class A · Class B
Shares · Amount · Shares · Amount
Balance as of December 31, 20231,060,833$—6,667$—$4,180,873$5,862$(3,958,499)$228,236
Conversion of notes payable and accrued interest into Class A Common Stock (see Note 7)62,101,7986——226,335——226,341
Reclassification of SPA Warrants from liability to equity————160——160
Issuance of common stock and warrants————10——10
Settlement of Palantir dispute with issuance of Class A Common Stock (see Note 10)1,080,294———4,800——4,800
Purchase of Class A Common Stock under Salary Deduction and Stock Purchase Agreements (see Note 11)49,659———102——102
Grow Fandor Contribution————250——250
Chongqing related party debt restructuring (see Note 8)————661——661
Reverse stock split related round up share issuances306,779———————
Stock-based compensation————8,382——8,382
Issuance of shares for RSU vesting net of tax withholdings1,319,764———(10)——(10)
Foreign currency translation adjustment—————1,882—1,882
Net loss——————(355,847)(355,847)
Balance as of December 31, 202465,919,127$66,667$—$4,421,563$7,744$(4,314,346)$114,967
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.