For the year ending 2025-12-31, XOS made $45,992K in revenue. -$25,320K in net income. Net profit margin of -55.05%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenues | 45,992 | 55,961 | ||
| Cost of goods sold | 43,268 | 51,996 | ||
| Gross profit | 2,724 | 3,965 | ||
| General and administrative | 24,797 | 35,083 | ||
| Research and development | 8,000 | 10,627 | ||
| Sales and marketing | 3,010 | 4,129 | ||
| Total operating expenses | 35,807 | 49,839 | ||
| Loss from operations | -33,083 | -45,874 | ||
| Gain on operating lease termination | 9,875 | - | ||
| Other expense, net | -2,137 | -4,561 | ||
| Change in fair value of derivative instruments | 48 | 274 | ||
| Change in fair value of earn-out shares liability | 0 | -39 | ||
| Loss before provision for income taxes | -25,297 | -50,122 | ||
| Provision for income taxes | 23 | 37 | ||
| Net loss | -25,320 | -50,159 | ||
| Total comprehensive loss | - | -50,159 | ||
| Basic EPS | -2.71 | -6.69 | ||
| Diluted EPS | -2.71 | -6.69 | ||
| Basic Average Shares | 9,360,000 | 7,500,000 | ||
| Diluted Average Shares | 9,360,000 | 7,500,000 | ||
Xos, Inc. (XOS)
Xos, Inc. (XOS)