Hyliion Holdings Corp
For the period ended Sep 30, 2024. Filed Nov 14, 2024.
View on SEC.govAbout this filing
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.
Sep 30, 2024 · Filed Nov 14, 2024
HYLN$2.99-4.8%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
Condensed Consolidated Statements of Cash Flows
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Dollar amounts in thousands)
| Nine Months Ended September 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities | ||
| Net loss | $(37,650) | $(94,380) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 2,140 | 1,796 |
| Amortization and accretion of investments, net | (2,489) | (1,821) |
| Noncash lease expense | 1,291 | 1,072 |
| Inventory write-down | — | 992 |
| Gain on disposal of assets, including assets held for sale | (2,109) | (1) |
| Share-based compensation | 3,541 | 5,170 |
| Carrying value adjustment to assets held for sale | 5,564 | — |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (580) | 996 |
| Inventory | — | (1,057) |
| Prepaid expenses and other assets | (5,215) | (1,200) |
| Accounts payable | (2,655) | 555 |
| Accrued expenses and other liabilities | (4,018) | (3,295) |
| Operating lease liabilities | (1,111) | (1,254) |
| Net cash used in operating activities | (43,291) | (92,427) |
| Cash flows from investing activities | ||
| Purchase of property and equipment | (10,548) | (6,755) |
| Proceeds from sale of property and equipment | 4,110 | 2 |
| Payments for security deposit, net | — | (45) |
| Purchase of investments | (55,383) | (170,197) |
| Proceeds from sale and maturity of investments | 126,686 | 178,556 |
| Net cash provided by investing activities | 64,865 | 1,561 |
| Cash flows from financing activities | ||
| Proceeds from exercise of common stock options | 67 | 230 |
| Taxes paid related to net share settlement of equity awards | (393) | (232) |
| Repurchase of treasury stock | (13,982) | — |
| Net cash used in financing activities | (14,308) | (2) |
| Net increase (decrease) in cash and cash equivalents and restricted cash | 7,266 | (90,868) |
| Cash and cash equivalents and restricted cash, beginning of period | 21,464 | 120,133 |
| Cash and cash equivalents and restricted cash, end of period | $28,730 | $29,265 |
| Supplemental disclosure of noncash investing and financing activities: | ||
| Repurchase of treasury stock included in accrued expenses | $120 | $— |
| Acquisitions of property and equipment included in accounts payable and other | $227 | $512 |
| Right-of-use assets obtained in exchange for lease obligations | $— | $2,096 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.