Microvast Holdings Inc
For the period ended Mar 31, 2024. Filed May 9, 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.
Mar 31, 2024 · Filed May 9, 2024
MVST$0.22-64.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Consolidated Statements of Changes in Shareholders’ Equity
| Three Months Ended March 31, 2023 | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Common Stock · Additionalpaid-incapital · Accumulated deficit · AccumulatedotherComprehensive loss · Statutoryreserves · TotalMicrovastHoldings, Inc.Shareholders’Equity · Non-controlling Interests · Total Equity | |||||||||
| Shares · Amount | |||||||||
| Balance as of December 31, 2022 | 307,628,511 | $31 | $1,416,160 | $(791,165) | $(18,081) | $6,032 | $612,977 | $— | $612,977 |
| Net loss | — | — | — | (29,581) | — | — | (29,581) | 10 | (29,571) |
| Capital contribution from non-controlling interests holder | — | — | — | — | — | — | — | 2,174 | 2,174 |
| Issuance of common stock in connection with vesting of share-based awards | 111,437 | — | — | — | — | — | — | — | — |
| Share-based compensation | — | — | 18,061 | — | — | — | 18,061 | — | 18,061 |
| Foreign currency translation adjustments | — | — | — | — | 2,220 | — | 2,220 | (32) | 2,188 |
| Balance as of March 31, 2023 | 307,739,948 | $31 | $1,434,221 | $(820,746) | $(15,861) | $6,032 | $603,677 | $2,152 | $605,829 |
| Three Months Ended March 31, 2024 | |||||||
|---|---|---|---|---|---|---|---|
| Common Stock · Additionalpaid-incapital · Accumulateddeficit · Accumulated otherComprehensive loss · Statutoryreserves · TotalMicrovast Holdings, Inc.Shareholders’Equity | |||||||
| Shares · Amount | |||||||
| Balance as of December 31, 2023 | 315,006,942 | $32 | $1,481,241 | $(897,501) | $(25,614) | $6,032 | $564,190 |
| Net loss | — | — | — | (24,825) | — | — | (24,825) |
| Issuance of common stock in connection with vesting of share-based awards | 501,653 | — | — | — | — | — | — |
| Share-based compensation | — | — | 11,898 | — | — | — | 11,898 |
| Foreign currency translation adjustments | — | — | — | — | (5,117) | — | (5,117) |
| Balance as of March 31, 2024 | 315,508,595 | $32 | $1,493,139 | $(922,326) | $(30,731) | $6,032 | $546,146 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.