Xos, Inc.

For the period ended Dec 31, 2025. Filed Mar 30, 2026.

About this filing

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.

FY2025 · Filed Mar 30, 2026

XOS$2.29-3.8%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

(in thousands, except for par value per share)

	December 31,
	2025	2024
Assets
Cash and cash equivalents	$14,040	$10,996
Accounts receivable, net	6,035	26,870
Inventories	24,961	36,567
Prepaid expenses and other current assets	4,841	7,868
Total current assets	49,877	82,301
Property and equipment, net	4,320	6,111
Operating lease right-of-use assets, net	1,534	3,193
Other non-current assets	4,632	6,728
Total assets	$60,363	$98,333
Liabilities and Stockholders’ Equity
Accounts payable	$2,473	$8,931
Convertible debt, current	6,500	19,970
Other current liabilities	14,685	17,768
Total current liabilities	23,658	46,669
Common stock warrant liability	73	121
Other non-current liabilities	1,345	17,933
Convertible debt, non-current	12,000	—
Total liabilities	37,076	64,723
Commitments and contingencies (Note 15)
Stockholders’ Equity
Common Stock $0.0001 par value, authorized 1,000,000 shares, 11,403 and 8,046 shares issued and outstanding at December 31, 2025 and 2024, respectively	1	1
Preferred Stock $0.0001 par value, authorized 10,000 shares, 0 shares issued and outstanding at December 31, 2025 and 2024	—	—
Additional paid-in capital	252,026	237,029
Accumulated deficit	(228,740)	(203,420)
Total stockholders’ equity	23,287	33,610
Total liabilities and stockholders’ equity	$60,363	$98,333

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.