For the quarter ending 2025-09-30, ACHR-WT had -$1,127,700K decrease in cash & cash equivalents over the period. -$125,900K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Net loss | -129,900 | -206,000 | -93,400 | -198,100 |
| Depreciation, amortization and other | - | - | - | 3,500 |
| Depreciation and amortization expense | 5,100 | 4,800 | 4,100 | - |
| Debt discount and issuance cost amortization | 100 | - | - | 0 |
| Stock-based compensation | 52,700 | 51,800 | 30,100 | 23,900 |
| Change in fair value of warrant liabilities and other warrant costs | - | - | - | 79,800 |
| Change in fair value of warrant liabilities | -29,100 | 40,000 | -41,700 | - |
| Gain on issuance of common stock | 0 | - | - | 0 |
| Non-cash lease expense | 1,200 | 1,000 | 800 | 800 |
| Research and development warrant expense | 800 | 800 | 800 | 8,100 |
| General and administrative warrant expense | 0 | - | - | 200 |
| Other warrant expense | - | - | - | 0 |
| Technology and dispute resolution agreements expense | 0 | 0 | 0 | 0 |
| Interest income on short-term investments | - | - | - | 0 |
| Accretion and amortization income of short-term investments | - | - | - | 0 |
| Prepaid expenses | -1,100 | -2,100 | 1,600 | 2,000 |
| Other current assets | 9,000 | -2,100 | 1,200 | 1,300 |
| Other long-term assets | 1,500 | -400 | 1,700 | 500 |
| Accounts payable | 500 | 4,900 | 500 | -1,700 |
| Accrued expenses and other current liabilities | 7,300 | -4,100 | 8,100 | -10,100 |
| Operating lease right-of-use assets and lease liabilities, net | -1,600 | -1,200 | -1,000 | -1,000 |
| Other long-term liabilities | -3,300 | 0 | 1,600 | 300 |
| Net cash used in operating activities | -105,600 | -103,400 | -94,600 | -104,400 |
| Purchase of short-term investments | 1,048,100 | - | - | 0 |
| Proceeds from maturities of short-term investments | - | - | - | 0 |
| Purchase of property and equipment | 20,300 | 18,900 | 10,000 | 24,200 |
| Acquisition of intangible assets | 100 | 5,200 | - | - |
| Net cash used in investing activities | -1,068,500 | -24,100 | -10,000 | -24,200 |
| Proceeds from issuance of debt | 0 | 0 | 0 | 0 |
| Repayment of long-term debt | - | - | - | 0 |
| Payment of debt issuance costs | 0 | 0 | 0 | 100 |
| Payments for taxes related to net share settlement of equity awards | - | - | - | 0 |
| Proceeds from pipe financing | 0 | 0 | 10,000 | 425,000 |
| Proceeds from registered direct offering | 0 | 850,000 | 301,800 | - |
| Proceeds from shares issued under at-the-market program | 46,300 | 0 | 0 | 51,300 |
| Payment of offering costs in connection with at-the-market offering | - | - | - | 0 |
| Proceeds from exercise of stock options | - | - | - | 0 |
| Payment of offering costs in connection with financing activities | -100 | 32,700 | 11,600 | 17,200 |
| Proceeds from shares issued under employee stock purchase plan | 0 | 3,800 | - | 2,500 |
| Proceeds from issuance of common stock | 0 | - | - | 0 |
| Net cash provided by financing activities | 46,400 | 821,100 | 300,200 | 461,500 |
| Net (decrease) increase in cash, cash equivalents, and restricted cash | -1,127,700 | 693,600 | 195,600 | 332,900 |
| Cash and cash equivalents at beginning of period | 1,730,500 | 1,036,900 | 841,300 | 508,400 |
| Cash and cash equivalents at end of period | 602,800 | 1,730,500 | 1,036,900 | 841,300 |
Archer Aviation Inc. (ACHR-WT)
Archer Aviation Inc. (ACHR-WT)