Joby Aviation Inc
For the period ended Sep 30, 2024. Filed Nov 6, 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.
Sep 30, 2024 · Filed Nov 6, 2024
JOBY$5.92-4.2%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 Cash Flows (Unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(In thousands)
| Nine Months EndedSeptember 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities | ||
| Net loss | $(361,757) | $(397,947) |
| Reconciliation of net loss to net cash used in operating activities: | ||
| Depreciation and amortization expense | 26,095 | 22,352 |
| Stock-based compensation expense | 82,780 | 69,747 |
| Loss (Gain) from change in the fair value of warrants and earnout shares | (52,683) | 86,671 |
| Net accretion of investments in marketable debt securities | (12,955) | (14,438) |
| Changes in operating assets and liabilities | ||
| Other receivables and prepaid expenses and other current assets | (2,609) | (2,240) |
| Other non-current assets | (783) | 901 |
| Accounts payable and accrued and other current liabilities | 5,609 | 2,114 |
| Non-current liabilities | 534 | 2,352 |
| Net cash used in operating activities | (315,769) | (230,488) |
| Cash flows from investing activities | ||
| Purchases of marketable securities | (308,473) | (434,129) |
| Proceeds from sales and maturities of marketable securities | 593,064 | 733,562 |
| Purchases of property and equipment | (25,197) | (22,730) |
| Net cash provided by investing activities | 259,394 | 276,703 |
| Cash flows from financing activities | ||
| Proceeds from issuance of common stock in private placement, net | — | 280,023 |
| Proceeds from the issuance of common stock under the Employee Stock Purchase Plan | 4,942 | 3,801 |
| Proceeds from the exercise of stock options and warrants issuance | 1,492 | 1,717 |
| Repayments of tenant improvement loan and obligations under finance lease | (1,784) | (690) |
| Net cash provided by financing activities | 4,650 | 284,851 |
| Net change in cash, cash equivalents and restricted cash | (51,725) | 331,066 |
| Cash, cash equivalents and restricted cash, at the beginning of the period | 204,779 | 150,067 |
| Cash, cash equivalents and restricted cash, at the end of the period | $153,054 | $481,133 |
| Reconciliation of cash, cash equivalents and restricted cash to balance sheets | ||
| Cash and cash equivalents | $152,292 | 480,371 |
| Restricted cash | 762 | 762 |
| Cash, cash equivalents and restricted cash | $153,054 | $481,133 |
| Non-cash investing and financing activities | ||
| Net assets acquired | $9,472 | $— |
| Unpaid property and equipment purchases | $4,311 | $1,211 |
| Property and equipment purchased through finance leases | $2,537 | $4,900 |
| Right of use assets acquired through operating leases | $4,333 | $— |
| Liability Settled on Sale of Fixed Asset | $200 | $— |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.