Hyliion Holdings Corp
For the period ended Jun 30, 2024. Filed Aug 6, 2024.
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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, 2024 · Filed Aug 6, 2024
HYLN$3.14+5.0%Stored close · as of Nov 9, 2026
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Condensed Consolidated Statements of Operations
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(Dollar amounts in thousands, except share and per share data)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenues | ||||
| Product sales and other | $— | $266 | $— | $576 |
| Total revenues | — | 266 | — | 576 |
| Cost of revenues | ||||
| Product sales and other | — | 307 | — | 998 |
| Total cost of revenues | — | 307 | — | 998 |
| Gross loss | — | (41) | — | (422) |
| Operating expenses | ||||
| Research and development | 8,311 | 27,439 | 16,279 | 48,357 |
| Selling, general and administrative | 6,262 | 11,098 | 12,854 | 22,079 |
| Exit and termination costs | (556) | — | 3,875 | — |
| Total operating expenses | 14,017 | 38,537 | 33,008 | 70,436 |
| Loss from operations | (14,017) | (38,578) | (33,008) | (70,858) |
| Interest income | 3,129 | 3,349 | 6,525 | 6,811 |
| Gain (loss) on disposal of assets | — | (1) | 3 | 1 |
| Other income (expense), net | 32 | 3 | 32 | (12) |
| Net loss | $(10,856) | $(35,227) | $(26,448) | $(64,058) |
| Net loss per share, basic and diluted | $(0.06) | $(0.19) | $(0.15) | $(0.35) |
| Weighted-average shares outstanding, basic and diluted | 173,829,107 | 180,966,908 | 176,156,001 | 180,544,821 |
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