For the year ending 2025-12-31, SES made $21,000K in revenue. -$72,533K in net income. Net profit margin of -345.40%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenue | 21,000 | 2,040 | ||
| Cost of revenues | 9,693 | 752 | ||
| Gross profit | 11,307 | 1,288 | ||
| Research and development | 67,045 | 72,141 | ||
| General and administrative | 26,876 | 38,395 | ||
| Total operating expenses | 93,921 | 110,536 | ||
| Loss from operations | -82,614 | -109,248 | ||
| Interest income | 9,338 | 15,036 | ||
| Gain (loss) on change in fair value of sponsor earn-out liabilities | 1,677 | -5,306 | ||
| Miscellaneous expense, net | -1,210 | -479 | ||
| Total other income, net | 9,805 | 9,251 | ||
| Loss before income taxes | -72,809 | -99,997 | ||
| Provision from income taxes | 231 | 188 | ||
| Net loss | -73,040 | -100,185 | ||
| Foreign currency translation gain (loss) | 492 | -456 | ||
| Unrealized gain (loss) on short-term investments | 15 | -164 | ||
| Total other comprehensive income (loss), net of tax | 507 | -620 | ||
| Total comprehensive loss | -72,533 | -100,805 | ||
| Basic EPS | -0.22 | -0.31 | ||
| Diluted EPS | -0.22 | -0.31 | ||
| Basic Average Shares | 330,917,166 | 321,824,143 | ||
| Diluted Average Shares | 330,917,166 | 321,824,143 | ||
SES AI Corp (SES)
SES AI Corp (SES)