For the year ending 2025-12-31, SES had -$99,182K decrease in cash & cash equivalents over the period. -$61,220K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -73,040 |
| (gain) loss on change of fair value of sponsor earn-out liabilities | 1,677 |
| Stock-based compensation | 10,971 |
| Depreciation and amortization | 10,295 |
| Accretion income from available-for-sale short-term investments | 3,132 |
| Loss on sale or disposal of fixed assets | -1,306 |
| Other | 389 |
| Accounts receivable | 2,631 |
| Inventories | 1,035 |
| Prepaid expenses and other assets | -9,982 |
| Right-of-use assets | -2,528 |
| Deferred tax assets | 137 |
| Accounts payable | 1,039 |
| Operating lease liabilities | -2,825 |
| Accrued expenses and other liabilities | -10,395 |
| Net cash used in operating activities | -58,362 |
| Purchases of property and equipment | 2,858 |
| Acquisition of business, net of cash acquired | 3,029 |
| Proceeds from the sale of short-term investments | 4,997 |
| Purchase of short-term investments | 238,176 |
| Proceeds from the maturities of short-term investments | 199,880 |
| Net cash (used in) provided by investing activities | -39,186 |
| Repurchase and retirement of class a common stock | 1,605 |
| Payments for taxes withheld on vesting of restricted stock | 433 |
| Proceeds from stock option exercises | 77 |
| Net cash (used in) provided by financing activities | -1,961 |
| Effect of exchange rates on cash | 327 |
| Net (decrease) increase in cash, cash equivalents and restricted cash | -99,182 |
| Cash, cash equivalents and restricted cash at beginning of period (note 6) | 129,395 |
| Cash, cash equivalents and restricted cash at end of period (note 6) | 30,213 |
SES AI Corp (SES)
SES AI Corp (SES)