Hyliion Holdings Corp.
For the period ended Mar 31, 2025. Filed May 13, 2025.
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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.
Mar 31, 2025 · Filed May 13, 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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Condensed Consolidated Statements of Operations
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(Dollar amounts in thousands, except share and per share data)
| Three Months Ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Revenues | ||
| Research and development services | $489 | $— |
| Total revenues | 489 | — |
| Cost of revenues | ||
| Research and development services | 477 | — |
| Total cost of revenues | 477 | — |
| Gross profit | 12 | — |
| Operating expenses | ||
| Research and development | 12,230 | 7,968 |
| Selling, general and administrative | 6,081 | 6,592 |
| Exit and termination costs | 1,423 | 4,431 |
| Total operating expenses | 19,734 | 18,991 |
| Loss from operations | (19,722) | (18,991) |
| Interest income | 2,468 | 3,396 |
| Gain on disposal of assets | — | 3 |
| Net loss | $(17,254) | $(15,592) |
| Net loss per share, basic and diluted | $(0.10) | $(0.09) |
| Weighted-average shares outstanding, basic and diluted | 174,344,218 | 178,482,894 |
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