Joby Aviation Inc
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
JOBY$6.18+4.2%Stored close · as of Nov 9, 2026
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Consolidated Statements of Operations
(In thousands, except share and per share data)
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Revenue: | |||
| Flight services | $136 | $1,032 | $— |
| Operating expenses: | |||
| Flight services | 67 | 200 | — |
| Research and development (including related party purchases of $1,162, $1,667 and $1,600 for the years ended December 31, 2024, 2023, and 2022 respectively) | 477,156 | 367,049 | 296,281 |
| Selling, general and administrative (including related party purchases of $177, $286 and $360 for the years ended December 31, 2024, 2023 and 2022 respectively) | 119,667 | 105,877 | 95,922 |
| Total operating expenses | 596,890 | 473,126 | 392,203 |
| Loss from operations | (596,754) | (472,094) | (392,203) |
| Interest and other income, net | 42,822 | 45,561 | 16,787 |
| Income from equity method investment | — | — | 19,463 |
| Gain (loss) from change in fair value of warrants and earnout shares | (53,973) | (86,378) | 98,002 |
| Total other income (loss), net | (11,151) | (40,817) | 134,252 |
| Loss before income taxes | (607,905) | (512,911) | (257,951) |
| Income tax expense | 129 | 139 | 92 |
| Net loss | $(608,034) | $(513,050) | $(258,043) |
| Net loss per share, basic and diluted | $(0.87) | $(0.79) | $(0.44) |
| Weighted-average common shares outstanding, basic and diluted | 699,794,747 | 647,907,598 | 585,544,043 |
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