Beam Global
For the period ended Dec 31, 2024. Filed Apr 11, 2025.
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FY2024 · Filed Apr 11, 2025
BEEM$0.69-6.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Balance Sheets at December 31, 2024 and 2023
Consolidated Balance Sheets
(In thousands, except share and per share data)
| December 31, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets | ||
| Cash | $4,572 | $10,393 |
| Accounts receivable, net of allowance for credit losses of $259 and $448 | 8,027 | 15,943 |
| Prepaid expenses and other current assets | 2,243 | 2,453 |
| Inventory, net | 12,284 | 11,933 |
| Total current assets | 27,126 | 40,722 |
| Property and equipment, net | 13,704 | 16,513 |
| Operating lease right of use assets | 1,893 | 1,026 |
| Goodwill | 10,580 | 10,270 |
| Intangible assets, net | 8,037 | 9,050 |
| Deposits | 119 | 62 |
| Total assets | $61,459 | $77,643 |
| Liabilities and Stockholders' Equity | ||
| Current liabilities | ||
| Accounts payable | $8,959 | $9,732 |
| Accrued expenses | 2,462 | 2,737 |
| Sales tax payable | 195 | 209 |
| Deferred revenue, current | 847 | 828 |
| Note payable, current | 63 | 40 |
| Deferred consideration | – | 2,713 |
| Contingent consideration, current | 93 | – |
| Operating lease liabilities, current | 696 | 615 |
| Total current liabilities | 13,315 | 16,874 |
| Deferred revenue, noncurrent | 800 | 402 |
| Note payable, noncurrent | 199 | 160 |
| Contingent consideration, noncurrent | 216 | 4,725 |
| Other liabilities, noncurrent | 3,380 | 3,787 |
| Deferred tax liabilities | 1,290 | 1,698 |
| Operating lease liabilities, noncurrent | 971 | 455 |
| Total liabilities | 20,171 | 28,101 |
| Commitments and contingencies (Note 10) | – | – |
| Stockholders' equity | ||
| Preferred stock, $0.001 par value, 10,000,000 authorized, none outstanding as of December 31, 2024 and December 31, 2023. | – | – |
| Common stock, $0.001 par value, 350,000,000 shares authorized, 14,835,630 and 14,398,243 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively. | 15 | 14 |
| Additional paid-in-capital | 147,072 | 142,265 |
| Accumulated deficit | (104,643) | (93,361) |
| Accumulated Other Comprehensive Income (AOCI) | (1,156) | 624 |
| Total stockholders' equity | 41,288 | 49,542 |
| Total liabilities and stockholders' equity | $61,459 | $77,643 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.