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$2.99-4.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOWS
(Dollar amounts in thousands)
| Year Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities | ||
| Net loss | $(52,048) | $(123,510) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 3,147 | 3,511 |
| Amortization and accretion of investments, net | (3,078) | (2,868) |
| Noncash lease expense | 1,639 | 1,496 |
| Inventory write-down | — | 1,139 |
| Gain on disposal of assets, including assets held for sale | (2,850) | (1) |
| Share-based compensation | 4,615 | 6,217 |
| Carrying value adjustment to assets held for sale | 6,464 | — |
| Change in operating assets and liabilities: | ||
| Accounts receivable | (1,883) | 1,096 |
| Inventory | — | (1,065) |
| Prepaid expenses and other assets | (5,444) | 463 |
| Accounts payable | (2,865) | 1,356 |
| Accrued expenses and other liabilities | (3,588) | (3,020) |
| Operating lease liabilities | (847) | (1,776) |
| Net cash used in operating activities | (56,738) | (116,962) |
| Cash flows from investing activities | ||
| Purchase of property and equipment | (16,525) | (7,401) |
| Proceeds from sale of property and equipment | 5,385 | 2 |
| Payments for security deposit | — | (45) |
| Purchase of investments | (96,253) | (189,670) |
| Proceeds from sale and maturity of investments | 166,886 | 215,422 |
| Net cash provided by investing activities | 59,493 | 18,308 |
| Cash flows from financing activities | ||
| Proceeds from exercise of common stock options | 67 | 257 |
| Taxes paid related to net share settlement of equity awards | (412) | (239) |
| Repurchase of treasury stock | (13,982) | (33) |
| Net cash used in financing activities | (14,327) | (15) |
| Net decrease in cash and cash equivalents and restricted cash | (11,572) | (98,669) |
| Cash and cash equivalents and restricted cash, beginning of period | 21,464 | 120,133 |
| Cash and cash equivalents and restricted cash, end of period | $9,892 | $21,464 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.