LiveWire Group Inc
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
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FY2023 · Filed Feb 23, 2024
LVWR$0.47-3.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Loss
(In thousands, except per share amounts)
| Years Ended | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Revenue, net | $38,023 | $46,833 | $35,806 |
| Costs and expenses: | |||
| Cost of goods sold (including related party amounts of $23,433 and $1,685 in 2023 and 2022, respectively, as described in Note 16) | 43,795 | 43,929 | 38,380 |
| Selling, administrative and engineering expense (including related party amounts of $14,993 and $3,485 in 2023 and 2022, respectively, as described in Note 16) | 110,217 | 87,859 | 65,608 |
| Total operating costs and expenses | 154,012 | 131,788 | 103,988 |
| Operating loss | (115,989) | (84,955) | (68,182) |
| Other income, net | — | 235 | 302 |
| Interest expense related party | — | (475) | (293) |
| Interest income | 10,537 | 1,191 | 19 |
| Change in fair value of warrant liabilities | (4,020) | 5,033 | — |
| Loss before income taxes | (109,472) | (78,971) | (68,154) |
| Income tax (benefit) provision | 78 | (33) | 138 |
| Net loss | (109,550) | (78,938) | (68,292) |
| Other comprehensive loss: | |||
| Foreign currency translation adjustments | 17 | (145) | (85) |
| Comprehensive loss | $(109,533) | $(79,083) | $(68,377) |
| Net loss per share, basic and diluted | $(0.54) | $(0.46) | $(0.42) |
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