The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Operating expenses | 53,425 | 136 | - | - |
| People related costs, excluding stock based compensation expense | 371,130 | 316,485 | - | - |
| Loss from change in fair value of warrants, earnout shares and contingent consideration | -211,850 | - | - | - |
| Stock-based compensation expense | 127,887 | 104,446 | - | - |
| Other segment items | 272,400 | 187,239 | - | - |
| Net loss | -929,842 | -608,034 | -513,050 | -258,043 |
| Depreciation and amortization expense | 40,158 | 35,572 | 30,493 | 23,995 |
| Non-cash interest expense and amortization of debt costs | - | - | 0 | 0 |
| Stock-based compensation expense | 127,887 | 104,446 | 93,636 | 69,072 |
| Other non-cash compensation expense | - | - | 0 | 0 |
| (gain)/loss from change in the fair value of warrants and earnout shares | - | - | -86,378 | 98,002 |
| Loss from transaction costs related to merger | - | - | 0 | 0 |
| Write-off of in-process research and development project | - | - | 0 | 0 |
| (gain)/loss from change in the fair value of warrants and earnout shares | - | -53,973 | - | - |
| Loss from change in the fair value of warrants, earnout shares and contingent consideration | -211,850 | - | - | - |
| Income from equity method investment | - | 0 | 0 | 19,463 |
| Loss on common stock issuance in private placement | -40,258 | - | - | - |
| Net accretion and amortization of investments in marketable debt securities | 7,832 | 15,821 | 20,202 | 5,237 |
| Deferred income taxes | - | - | 0 | 0 |
| Other receivables and prepaid expenses and other current assets | -9,043 | 11,803 | 573 | 1,823 |
| Other non-current assets | -1,442 | 545 | -309 | -20,016 |
| Accounts payable and accrued expenses and other liabilities | -6,902 | 6,116 | 6,442 | 10,884 |
| Non-current liabilities | 4,045 | -171 | 2,736 | 22,676 |
| Net cash used in operating activities | -509,893 | -436,267 | -313,831 | -235,925 |
| Purchase of marketable securities | 1,170,369 | 603,777 | 809,978 | 1,358,953 |
| Proceeds from sales and maturities of marketable securities | 745,418 | 715,157 | 920,879 | 788,761 |
| Purchases of property and equipment | 53,918 | 40,617 | 30,597 | 54,890 |
| Acquisitions, net of cash | -3,453 | 0 | 0 | 5,707 |
| Net cash provided by (used in) investing activities | -475,416 | 70,763 | 80,304 | -630,789 |
| Proceeds from merger | - | - | 0 | 0 |
| Payments for offering costs | - | - | 0 | 0 |
| Proceeds from issuance of common stock-Underwritten Public Offering | 591,016 | 232,300 | - | - |
| Proceeds from issuance of convertible notes and convertible preferred stock, net | - | - | 0 | 0 |
| Underwritten and at-the-market public offering commission and offering expenses-Underwritten Public Offering | 15,081 | 10,446 | - | - |
| Proceeds from issuance of common stock in private placement, net | 249,905 | 0 | 280,110 | 60,060 |
| Proceeds from issuance of common stock-At The Market Public Offering | 158,868 | 133,019 | - | - |
| Underwritten and at-the-market public offering commission and offering expenses-At The Market Public Offering | 5,301 | 4,183 | - | - |
| Proceeds from the issuance of common stock under the employee stock purchase plan | 12,073 | 11,200 | 6,918 | - |
| Proceeds from the exercise of stock options | - | - | - | 1,437 |
| Proceeds from stock options and warrants exercised | - | - | 2,055 | - |
| Proceeds from the exercise of stock options and warrants issuance | 36,791 | 1,659 | - | - |
| Repayments of obligations under finance lease and tenant improvement loan | 1,628 | 2,435 | 844 | 1,041 |
| Net cash provided by financing activities | 1,026,643 | 361,114 | 288,239 | 60,456 |
| Net change in cash, cash equivalents and restricted cash | 41,334 | -4,390 | 54,712 | -806,258 |
| Cash, cash equivalents and restricted cash, at the beginning of the year | 200,389 | 204,779 | 150,067 | 956,325 |
| Cash, cash equivalents and restricted cash, at the end of the year | 241,723 | 200,389 | 204,779 | 150,067 |
Joby Aviation, Inc. (JOBY)
Joby Aviation, Inc. (JOBY)