Joby Aviation, Inc.
For the period ended Mar 31, 2025. Filed May 8, 2025.
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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, 2025 · Filed May 8, 2025
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 Operations (Unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except share and per share data)
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Revenue: | ||
| Flight services | $— | $25 |
| Operating expenses: | ||
| Flight services | — | 15 |
| Research and development (including related party purchases of $281 and $223 for the three months ended March 31, 2025 and 2024, respectively.) | 134,287 | 115,636 |
| Selling, general and administrative (including related party purchases of $42 and $36 for the three months ended March 31, 2025 and 2024, respectively.) | 28,997 | 30,271 |
| Total operating expenses | 163,284 | 145,922 |
| Loss from operations | (163,284) | (145,897) |
| Interest and other income, net | 9,898 | 12,319 |
| Gain from change in fair value of warrants and earnout shares | 71,020 | 39,027 |
| Total other income, net | 80,918 | 51,346 |
| Loss before income taxes | (82,366) | (94,551) |
| Income tax expense | 40 | 36 |
| Net loss | $(82,406) | $(94,587) |
| Net loss per share, basic and diluted | $(0.11) | $(0.14) |
| Weighted-average common stock outstanding, basic and diluted | 766,908,858 | 681,749,388 |
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