For the quarter ending 2025-09-30, SES had $23,495K increase in cash & cash equivalents over the period. -$14,727K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -20,920 | -35,083 |
| Gain from change in fair value of sponsor earn-out liabilities | -3,913 | 6,436 |
| Stock-based compensation | 2,178 | 6,686 |
| Depreciation and amortization | 2,628 | 5,043 |
| Loss on disposal of fixed assets | -616 | - |
| Accretion income from available-for-sale short-term investments | 687 | 1,734 |
| Other | 322 | 103 |
| Accounts receivable | -776 | 2,059 |
| Inventories | -265 | -103 |
| Prepaid expenses and other assets | 7,757 | -2,338 |
| Right-of-use assets | -641 | -1,272 |
| Accounts payable | 203 | -25 |
| Lease liabilities | -1,006 | -1,350 |
| Accrued expenses and other liabilities | 4,527 | -2,512 |
| Net cash used in operating activities | -14,301 | -33,654 |
| Purchases of property and equipment | 426 | 1,720 |
| Acquisition of business, net of cash acquired | 795 | - |
| Proceeds from the sale of short-term investments | 4,997 | - |
| Purchase of short-term investments | 32,531 | 162,267 |
| Proceeds from the maturities of short-term investments | 66,648 | 80,800 |
| Net cash (used in) provided by investing activities | 39,483 | -83,187 |
| Repurchase and retirement of class a common stock | 1,605 | - |
| Payments for taxes withheld to cover vested restricted stock | 60 | 358 |
| Proceeds from stock option exercises | 0 | 13 |
| Net cash (used in) provided by financing activities | -1,665 | -345 |
| Effect of exchange rates on cash | -22 | 199 |
| Net decrease in cash, cash equivalents and restricted cash | 23,495 | -116,987 |
| Cash and cash equivalents at beginning of period | 129,395 | - |
| Cash and cash equivalents at end of period | 35,903 | - |
SES AI Corp (SES)
SES AI Corp (SES)