| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 31,504 | 36,942 | ||
| Marketable securities | 24,723 | 0 | ||
| Accounts receivable, net of allowance for expected credit losses of 800 and 734 as of september30, 2025 and december31, 2024, respectively | 48,883 | 41,802 | ||
| Inventory | 8,770 | 12,142 | ||
| Current portion of contract assets | 1,212 | 847 | ||
| Current portion of commission asset | 5,956 | 5,592 | ||
| Prepaid expenses and other current assets | 30,593 | 35,756 | ||
| Total current assets | 151,641 | 133,081 | ||
| Contract assets, noncurrent | 381 | 845 | ||
| Commission asset, noncurrent | 7,759 | 7,331 | ||
| Property and equipment, net | 126,919 | 125,478 | ||
| Operating lease right-of-use assets | 12,730 | 13,149 | ||
| Other assets | 4,859 | 538 | ||
| Total assets | 304,289 | 280,422 | ||
| Accounts payable | 4,724 | 11,804 | ||
| Accrued expenses and other current liabilities | 33,954 | 38,170 | ||
| Current portion of deferred revenue | 77,904 | 72,164 | ||
| Current portion of contingent earn-out liability | - | 18,033 | ||
| Current portion of operating lease liabilities | 2,765 | 2,716 | ||
| Total current liabilities | 119,347 | 142,887 | ||
| Deferred revenue, noncurrent | 18,464 | 19,208 | ||
| Public warrant liability | - | 7,879 | ||
| Long-term debt, net of discount | 28,528 | - | ||
| Operating lease liabilities, noncurrent | 11,107 | 11,550 | ||
| Contingent earn-out liability, noncurrent | 10,512 | 0 | ||
| Contingently issuable common stock liability, noncurrent | 3,638 | 6,248 | ||
| Public warrant liability, noncurrent | 10,457 | - | ||
| Total liabilities | 202,053 | 187,772 | ||
| Common stock, 0.0001 par value 1,100,000,000 shares authorized at september30, 2025 and december31, 2024 173,803,265 and 159,602,069 shares issued and outstanding at september30, 2025 and december31, 2024, respectively | 17 | 17 | ||
| Additional paid-in capital | 501,040 | 489,684 | ||
| Accumulated other comprehensive loss | -137 | -163 | ||
| Accumulated deficit | -398,684 | -396,888 | ||
| Stockholders equity | 102,236 | 92,650 | ||
| Total liabilities and stockholders equity | 304,289 | 280,422 | ||
Evolv Technologies Holdings, Inc. (EVLVW)
Evolv Technologies Holdings, Inc. (EVLVW)