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For the quarter ending 2026-03-31, EVLV has $304,639K in assets. $183,965K in debts. $56,081K in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
120.75%
Quick Ratio
114.19%
Cash Ratio
44.56%
Debt to Asset Ratio
60.39%
Unit: Thousand (K) dollars
Assets Breakdown
    • Cash and cash equivalents
    • Accounts receivable, net of allo...
    • Prepaid expenses and other curre...
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Accumulated deficit
    • Current portion of deferred reve...
    • Others

Balance Sheets
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Cash and cash equivalents
56,081 49,150 31,504 36,942
Marketable securities
4,992 19,885 24,723 0
Accounts receivable, net of allowance for expected credit losses of 600 as of march31, 2026 and december31, 2025
42,713 30,841 48,883 41,802
Inventory
8,256 9,317 8,770 12,142
Current portion of contract assets
1,199 878 1,212 847
Current portion of commission asset
5,644 6,062 5,956 5,592
Prepaid expenses and other current assets
33,094 35,169 30,593 35,756
Total current assets
151,979 151,302 151,641 133,081
Contract assets, noncurrent
12 15 381 845
Commission asset, noncurrent
7,728 7,867 7,759 7,331
Property and equipment, net
127,839 127,522 126,919 125,478
Operating lease right-of-use assets
11,871 12,303 12,730 13,149
Other assets
5,210 5,400 4,859 538
Total assets
304,639 304,409 304,289 280,422
Accounts payable
17,089 9,770 4,724 11,804
Accrued expenses and other current liabilities
30,345 35,293 33,954 38,170
Current portion of deferred revenue
75,314 74,924 77,904 72,164
Current portion of contingent earn-out liability
---18,033
Current portion of operating lease liabilities
3,116 2,989 2,765 2,716
Total current liabilities
125,864 122,976 119,347 142,887
Deferred revenue, noncurrent
17,036 16,716 18,464 19,208
Term loans payable
30,000 30,000 --
Less unamortized debt issuance cost
1,335 1,404 --
Public warrant liability
---7,879
Long-term debt
28,665 28,596 28,528 -
Operating lease liabilities, noncurrent
10,190 10,654 11,107 11,550
Contingent earn-out liability, noncurrent
0 374 10,512 0
Contingently issuable common stock liability, noncurrent
392 1,809 3,638 6,248
Public warrant liability, noncurrent
1,818 3,862 10,457 -
Total liabilities
183,965 184,987 202,053 187,772
Common stock, 0.0001 par value 1,100,000,000 shares authorized at march31, 2026 and december31, 2025 179,458,233 and 175,399,488 shares issued and outstanding at march31, 2026 and december31, 2025, respectively
18 18 17 17
Additional paid-in capital
513,580 507,347 501,040 489,684
Accumulated other comprehensive loss
-113 -141 -137 -163
Accumulated deficit
-392,811 -387,802 -398,684 -396,888
Stockholders equity
120,674 119,422 102,236 92,650
Total liabilities and stockholders equity
304,639 304,409 304,289 280,422
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Cash and cashequivalents$56,081K Accounts receivable, netof allowance for...$42,713K Prepaid expenses andother current assets$33,094K Inventory$8,256K Current portion ofcommission asset$5,644K Marketable securities$4,992K Current portion ofcontract assets$1,199K Total current assets$151,979K Property and equipment,net$127,839K Operating leaseright-of-use assets$11,871K Commission asset,noncurrent$7,728K Other assets$5,210K Contract assets,noncurrent$12K Total assets$304,639K Total liabilities andstockholders equity$304,639K Total liabilities$183,965K Stockholders equity$120,674K Accumulated deficit-$392,811K Accumulated othercomprehensive loss-$113K Total currentliabilities$125,864K Long-term debt$28,665K Deferred revenue,noncurrent$17,036K Operating leaseliabilities, noncurrent$10,190K Public warrantliability, noncurrent$1,818K Contingently issuable commonstock liability,...$392K Additional paid-in capital$513,580K Less unamortizeddebt issuance cost$1,335K Common stock, 0.0001par value...$18K Current portion ofdeferred revenue$75,314K Accrued expenses andother current...$30,345K Accounts payable$17,089K Current portion ofoperating lease...$3,116K Term loans payable$30,000K