Getaround, Inc Cashflow Statement

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated Statements of Cash Flows

In millions of USD, except per-share amounts

	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021
Cash Flows from Operating Activities:
Net loss
Adjustments to reconcile net loss to net cash used in operating activities:
Loss on warrant liabilities
Offering costs attributable to warrant liabilities
Interest earned on marketable securities held in Trust Account
Unrealized loss on marketable securities held in Trust Account
Depreciation and amortization
Provision for bad debts
Stock-based compensation
Compensation expense related to share repurchase and shareholder note settlement
Compensation expense related to shareholder settlement
Gain on extinguishment of debt
Change in fair value - convertible instrument liability
Change in fair value - warrant liability
Change in fair value - notes payable
Change in fair value - Prepaid Ad Inventory
Non-cash interest expense
Non-cash lease expense
Amortization of debt issuance costs
Amortization of stock transfer agreement
Loss (gain) from disposal of property and equipment
Impairment loss on goodwill
Impairment loss on long-lived assets
Loss (gain) from foreign currency remeasurement
Transaction costs
Net changes in operating assets and liabilities, net of acquisitions:
Related party payable
Accounts receivable
Prepaid expenses and other current assets
Operating leases liabilities
Other assets
Accounts payable
Accrued host payments and insurance fees
Accrued expenses and other liabilities
Deferred taxes
Deferred revenue
Net Cash Used in Operating Activities
Cash Flows from Investing Activities:
Investment of cash in Trust Account
Investment in intangible assets
Purchases of property and equipment
Capitalized software
Proceeds from sale of property and equipment
Acquisition of HyreCar, net of cash acquired
Net Cash Used in Investing Activities
Cash Flows from Financing Activities:
Proceeds from sale of Units, net of underwriting discounts paid
Proceeds from sale of Private Placement Warrants
Proceeds from exercise of common stock options
Proceeds from Issuance of Series E, net of $26 issuance costs
Proceeds from Issuance of Series E-2 warrants
Proceeds from issuance of Subordinated Convertible Promissory Note
Proceeds from exercise of Series E-3 Warrants
Proceeds from Deutsche Bank loan, net of $607 issuance costs and $675 debt discount
Proceeds from issuance of Note, net of issuance costs
Mudrick Bridge Note
Mudrick Super Priority Note
Proceeds from issuance of Mudrick Convertible Promissory Notes and warrants, net of issuance costs
Proceeds from issuance of Bridge Loans
Related Party advance on financing
Repayment of promissory note – related party
Payment of offering costs
Proceeds from Braemar Subordinated Promissory Note
Proceeds from the recapitalization of Getaround shares, (net of redemptions and InterPrivate II Acquisition Corp. prior incurred costs)
Repayment of Horizon loan
Repayment of Deutsche Bank Loan
Deutsche Bank loan repayment and extinguishment fees, including accrued but unpaid interest
Repayment of PGE loan
Repurchase of shares from related party
Horizon loan repayment and extinguishment fees
Proceeds from issuance of notes payable, net of $2 issuance costs
Net Cash Provided by Financing Activities
Effect of Foreign Currency Translation on Cash
Net change in cash and cash equivalents and restricted cash and cash equivalents
Cash and Cash Equivalents and Restricted Cash, beginning of year
Cash and Cash Equivalents and Restricted Cash, end of year
Initial classification of Common Stock subject to possible redemption
Offering costs paid by Sponsor in exchange for issuance of Founder Shares
Issuance of Representative Shares
Deferred offering costs in accrued expenses
Supplemental Schedule of Cash Flow Information
Cash paid for:
Cash paid for interest
Cash paid for income taxes
Non-cash investing and financing activities:
Exercise of Series E-3 Preferred stock warrants into Series E-3 convertible redeemable preferred stock
Exercise of Series E-2 Preferred stock warrants into Series E-2 convertible redeemable preferred stock
Property and equipment unpaid at period end
Issuance of common stock to settle liability settlement
Receivable at period end from exercise of common stock options
Issuance of Mudrick Super Priority Note to repay Mudrick Bridge Note
Exercise of Series B preferred stock warrants into Series B convertible redeemable preferred stock
Conversion of convertible promissory notes and bridge Loans to common Stock
Issuance of Braemar stock transfer agreement (debt discount on Braemar Subordinated Promissory Note)
Warrant conversion to common stock due to Business Combination
Warrant conversion into common stock due to 2022 Business Combination
Incremental guarantee commission owed to PGE Lender
Conversion of iHeart Media Note Payable to Common Stock
Cash and Cash Equivalents
Cash and cash equivalents
Restricted cash included in current assets

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