For the quarter ending 2025-09-30, MVST has $1,013,607K in assets. $655,495K in debts. $90,748K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 90,748 | 99,721 | ||
| Restricted cash, current | 51,879 | 39,099 | ||
| Accounts receivable (net of allowance for credit losses of 5,202 and 5,090 as of september30, 2025 and december31, 2024, respectively) | 149,274 | 125,920 | ||
| Notes receivable | 1,497 | 4,206 | ||
| Inventories, net | 126,942 | 141,749 | ||
| Prepaid expenses and other current assets | 24,925 | 19,896 | ||
| Assets held for sale | 0 | 4,000 | ||
| Total current assets | 445,265 | 434,591 | ||
| Restricted cash, non-current | 0 | 0 | ||
| Property, plant and equipment, net | 524,016 | 521,951 | ||
| Land use rights, net | 11,439 | 11,440 | ||
| Acquired intangible assets, net | 2,281 | 2,394 | ||
| Operating lease right-of-use assets | 18,116 | 18,967 | ||
| Other non-current assets | 12,490 | 15,349 | ||
| Total assets | 1,013,607 | 1,004,692 | ||
| Accounts payable | 59,797 | 72,497 | ||
| Notes payable | 57,197 | 43,827 | ||
| Accrued expenses and other current liabilities | 128,770 | 101,502 | ||
| Advance from customers | 5,678 | 41,542 | ||
| Other current liabilities-Related Party | 0 | 0 | ||
| Convertible loan measured at fair value | 193,474 | 181,475 | ||
| Short-term bank borrowings | 84,390 | 83,166 | ||
| Income tax payables | 655 | 654 | ||
| Total current liabilities | 529,961 | 524,663 | ||
| Long-term bonds payable | 41,693 | 41,693 | ||
| Long-term bank borrowings | 34,396 | 34,181 | ||
| Warrant liability | 287 | 434 | ||
| Share-based compensation liability | 98 | 98 | ||
| Operating lease liabilities | 15,076 | 15,656 | ||
| Convertible loan measured at fair value | 0 | 0 | ||
| Other non-current liabilities | 33,984 | 31,837 | ||
| Total liabilities | 655,495 | 648,562 | ||
| Common stock (par value of u.s. dollar 0.0001 per share, 750,000,000 and 750,000,000 shares authorized as of september30, 2025 and december31, 2024 325,453,729 and 324,831,634 shares issued, and 323,766,229 and 323,144,134 shares outstanding as of september30, 2025 and december31, 2024) | 33 | 33 | ||
| Additional paid-in capital | 1,515,285 | 1,514,531 | ||
| Statutory reserves | 6,032 | 6,032 | ||
| Accumulated deficit | -1,138,715 | -1,137,226 | ||
| Accumulated other comprehensive loss | -24,523 | -27,240 | ||
| Total equity | 358,112 | 356,130 | ||
| Total liabilities and equity | 1,013,607 | 1,004,692 | ||
Microvast Holdings, Inc. (MVST)
Microvast Holdings, Inc. (MVST)