BETA Technologies, Inc.
For the period ended Jun 30, 2026. Filed Aug 12, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 12, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(in thousands, except share and per share amounts)
| June 30, 2026 | December 31, 2025 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $1,479,470 | $1,710,227 |
| Accounts receivable(1) | 3,609 | 5,747 |
| Prepaid expenses and other current assets(1) | 20,545 | 23,494 |
| Total current assets | 1,503,624 | 1,739,468 |
| Property and equipment, net | 402,753 | 348,540 |
| Operating lease right-of-use assets | 20,675 | 16,417 |
| Other assets | 6,400 | 1,840 |
| Total assets | $1,933,452 | $2,106,265 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $22,808 | $24,503 |
| Accrued expenses | 43,606 | 35,109 |
| Payroll liabilities | 16,344 | 3,334 |
| Deferred revenue(2) | 7,015 | 3,704 |
| Operating lease liabilities | 1,859 | 1,551 |
| Notes payable | 8,547 | 5,711 |
| Other current liabilities | 3,728 | 2,483 |
| Total current liabilities | 103,907 | 76,395 |
| Deferred revenue, non-current(2) | 14,879 | 12,550 |
| Operating lease liabilities, non-current | 20,885 | 16,838 |
| Notes payable, non-current(3) | 175,405 | 179,799 |
| Other liabilities | 3,199 | 2,847 |
| Total liabilities | 318,275 | 288,429 |
| Commitments and contingencies (see Note 7) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.0001 par valueAuthorized - 50,000,000 sharesIssued and outstanding - 0 shares as of 2026 and 2025 | - | - |
| Class A Common stock, $0.0001 par valueAuthorized - 1,250,000,000 sharesIssued and outstanding - 225,344,422 and 220,726,547 shares as of 2026 and 2025 | 23 | 22 |
| Class B Common stock, $0.0001 par valueAuthorized - 10,000,000 sharesIssued and outstanding - 8,501,484 shares as of 2026 and 2025 | 1 | 1 |
| Additional paid-in capital | 3,799,864 | 3,731,273 |
| Accumulated deficit | (2,184,512) | (1,913,450) |
| Accumulated other comprehensive loss | (199) | (10) |
| Total stockholders’ equity | 1,615,177 | 1,817,836 |
| Total liabilities and stockholders’ equity | $1,933,452 | $2,106,265 |
(1)Includes related party amounts of $1,336 and $2,202 (accounts receivable) and $0 and $2,802 (prepaid expenses and other current assets) as of June 30, 2026, and December 31, 2025, respectively (see Note 12).
(2)Includes related party amounts of $2,097 and $1,011 (deferred revenue) and $10,564 and $8,290 (deferred revenue, non-current) as of June 30, 2026, and December 31, 2025, respectively (see Note 12).
(3)Includes related party amounts of $32,879 and $32,626 as of June 30, 2026 and December 31, 2025, respectively (see Note 12).
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