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SES AI Corp

For the period ended Mar 31, 2024. Filed May 3, 2024.

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About 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.

Mar 31, 2024 · Filed May 3, 2024

SES$0.89-2.6%Stored close · as of Nov 10, 2026

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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)

Condensed Consolidated Statements of Operations** and Comprehensive Loss**

​​​​​​​​
​ · ​ · ​ · Three Months Ended March 31,
(in thousands, except share and per share amounts) · ​ · 2024 · 2023
Operating expenses: · ​ · ​ · ​ · ​
Research and development​​$11,765​$8,489
General and administrative​​9,506​13,123
Total operating expenses​​21,271​21,612
Loss from operations​​(21,271)​(21,612)
Other income:​​​
Interest income​​​4,162​​4,140
Gain on change in fair value of Sponsor Earn-Out liabilities​​​875​​569
Miscellaneous income, net​​​874​​820
Total other income, net​​5,911​5,529
Loss before income taxes​​(15,360)​(16,083)
Provision for income taxes​​(197)​(143)
Net loss​​(15,557)​(16,226)
Other comprehensive (loss) income, net of tax:​​​
Foreign currency translation adjustment​​(457)​72
Unrealized (loss) gain on short-term investments​​​(299)​​467
Total other comprehensive (loss) income, net of tax​​​(756)​​539
Total comprehensive loss​​$(16,313)​$(15,687)
​​​​​​​​
Net loss per share attributable to common stockholders:​​​​​​​
Basic and diluted​​$(0.05)​$(0.05)
​​​​​​​​
Weighted-average shares outstanding:​​​​​​​
Basic and diluted​​318,790,719​313,422,442
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.