For the quarter ending 2025-09-30, XOS had $5,281K increase in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Gross profit | 2,531 | - |
| Employee related | 4,760 | - |
| Facility and rent | 1,206 | - |
| Insurance | 812 | - |
| Depreciation | 510 | - |
| Professional services | 524 | - |
| Computer and software as a service | 412 | - |
| Research and development materials | 475 | - |
| Other | 826 | - |
| Gain on operating lease termination | -9,394 | - |
| Stock-based compensation expense | - | 3,097 |
| Other expense (income), net | 2,752 | - |
| Inventory reserve | - | -2,206 |
| Change in fair value of derivative instruments | 159 | - |
| Amortization of insurance premiums | - | 1,325 |
| Change in fair value of earn-out shares liability | 0 | - |
| Impairment of property and equipment | - | 401 |
| Provision (benefit) for income taxes | -2 | - |
| Bad debt expense | - | -36 |
| Net loss | 2,123 | -17,691 |
| Other non-cash items | - | -75 |
| Depreciation | 531 | 1,070 |
| Amortization of right-of-use assets | - | 818 |
| Amortization of right-of-use assets | 418 | 818 |
| Prepaid expenses and other current assets | - | 2,262 |
| Amortization of debt discounts and issuance costs | 6 | 24 |
| Other liabilities | - | 2,625 |
| Amortization of insurance premiums | 580 | 1,325 |
| Other assets | - | -300 |
| Inventory reserve | 128 | -2,206 |
| Inventories | - | -7,471 |
| Impairment of property and equipment | 0 | 401 |
| Accounts receivable | - | -8,817 |
| Change in fair value of derivative instruments | -39 | -60 |
| Accounts payable | - | -3,999 |
| Change in fair value of earn-out shares liability | 0 | 0 |
| Depreciation | - | 1,070 |
| Gain on operating lease termination | 9,394 | - |
| Amortization of debt discounts and issuance costs | - | 24 |
| Net cash used in operating activities | - | -100 |
| Stock-based compensation expense | 2,125 | 3,097 |
| Bad debt expense | 194 | -36 |
| Other non-cash items | -957 | -75 |
| Accounts receivable | -2,520 | -8,817 |
| Inventories | -5,634 | -7,471 |
| Prepaid expenses and other current assets | 673 | 2,262 |
| Other assets | -312 | -300 |
| Accounts payable | -68 | -3,999 |
| Other liabilities | -2,355 | 2,625 |
| Net cash provided by (used in) operating activities | 3,066 | -100 |
| Proceeds from the disposal of assets held for sale | 43 | - |
| Purchase of property and equipment | 0 | 0 |
| Net cash acquired in acquisition of electrameccanica vehicles corp | 0 | 0 |
| Net cash provided by investing activities | 43 | 0 |
| Principal payment of equipment leases | 700 | 1,200 |
| Proceeds from short-term insurance financing note | 934 | 1,675 |
| Payment for short-term insurance financing note | 348 | 1,887 |
| Stock options exercised | 0 | 0 |
| Taxes paid related to net share settlement of stock-based awards | 163 | 688 |
| Proceeds from sale of newly issued shares of common stock | 2,438 | 0 |
| Net cash provided by (used in) financing activities | 2,161 | -2,100 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 5,281 | -2,211 |
| Cash and cash equivalents at beginning of period | 10,996 | - |
| Cash and cash equivalents at end of period | 14,066 | - |
Xos, Inc. (XOS)
Xos, Inc. (XOS)