Hyliion Holdings Corp
For the period ended Dec 31, 2024. Filed Feb 25, 2025.
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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 Feb 25, 2025
HYLN$3.14+5.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(Dollar amounts in thousands, except share and per share data)
| Year Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenues | ||
| Product sales and other | $— | $672 |
| Research and development services | 1,509 | — |
| Total revenues | 1,509 | 672 |
| Cost of revenues | ||
| Product sales and other | — | 1,716 |
| Research and development services | 1,415 | — |
| Total cost of revenues | 1,415 | 1,716 |
| Gross profit (loss) | 94 | (1,044) |
| Operating expenses | ||
| Research and development | 37,004 | 82,240 |
| Selling, general and administrative | 24,382 | 42,611 |
| Exit and termination costs | 3,007 | 11,474 |
| Total operating expenses | 64,393 | 136,325 |
| Loss from operations | (64,299) | (137,369) |
| Interest income | 12,216 | 13,808 |
| Gain on disposal of assets | 3 | 1 |
| Other income, net | 32 | 50 |
| Net loss | $(52,048) | $(123,510) |
| Net loss per share, basic and diluted | $(0.30) | $(0.68) |
| Weighted-average shares outstanding, basic and diluted | 174,915,487 | 181,411,069 |
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