PEVM: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, PEVM has $51,759K in assets. $46,430K in debts. $276K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	276	112
Accounts receivable, net	3,625	3,974
Inventories	38,357	39,521
Prepaid expenses and other current assets, net	1,395	2,060
Amounts due to a related party-Related Party	17	17
Battery lease receivables	4,645	4,645
Total current assets	48,315	50,329
Property and equipment, net	2,530	2,942
Operating lease right-of-use assets	886	1,175
Net investment in leases	28	40
Total assets	51,759	54,486

Accounts payable	4,232	3,827
Accrued liabilities	7,786	8,395
Derivative liability	-	0
Amounts due to a related party-Customers	9,268	8,157
Deferred income	1,129	1,202
Warranty reserve, current	1,986	3,462
Lease liabilities, current	1,393	1,673
Amounts due to a related party-Related Party	23	23
Short-term borrowing	514	0
Warrant liability	960	218
Convertible note, current	4,448	3,440
Other payable	509	-
Long-term borrowing, current	3	3
Advance from customers, noncurrent-Customers	-	0
Total current liabilities	32,251	30,400
Lease liabilities, noncurrent	265	392
Warranty reserve, noncurrent	6,060	8,035
Long-term borrowings	138	136
Deferred tax liabilities	7,716	7,716
Total liabilities	46,430	46,679
Common stock, par 0.0004, 450,000,000 shares authorized, 12,549,503 and 8,534,973 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively	21	20
Additional paid-in capital	55,001	53,800
Accumulated deficit	-49,693	-46,013
Total stockholders equity	5,329	7,807
Total liabilities and stockholders equity	51,759	54,486

Unit: Thousand (K) dollars