Workhorse Group Inc. (WKHS)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Sales, net of returns and allowances | 5,669,469 | 640,922 | 2,509,717 | 842,440 |
| Cost of sales | 13,051,356 | 5,164,763 | 6,642,549 | 7,301,348 |
| Gross loss | -7,381,887 | -4,523,841 | -4,132,832 | -6,458,908 |
| Selling, general and administrative | 5,844,698 | 6,783,911 | 7,722,014 | 12,066,553 |
| Research and development | 1,246,348 | 1,529,019 | 2,313,423 | 1,992,779 |
| Total operating expenses | 7,091,046 | 8,312,930 | 10,035,437 | 14,059,332 |
| Loss from operations | -14,472,933 | -12,836,771 | -14,168,269 | -20,518,240 |
| Change in fair value of convertible notes | -1,641,893 | -3,272,095 | -2,649,477 | -642,900 |
| Interest expense, net | -582,246 | -5,252,228 | -8,317,813 | -5,158,859 |
| Change in fair value of warrants | -1,916,108 | -716,960 | - | - |
| Loss before provision for income taxes | -14,780,964 | -20,644,134 | -25,135,559 | -26,319,999 |
| Provision for income taxes | - | - | - | - |
| Net loss | -14,780,964 | -20,644,134 | -25,135,559 | -26,319,999 |
| Basic (in shares) | 8,827,196 | 4,409,194 | 25,589,725 | 18,855,034 |
| Basic (in usd per share) | -1.67 | -4.68 | -0.98 | -1.4 |
| Diluted (in shares) | 8,827,196 | 4,409,194 | 25,589,725 | 18,855,034 |
| Diluted (in usd per share) | -1.67 | -4.68 | -0.98 | -1.4 |