2023 Q4 Form 10-Q Financial Statement
#000155485523000725 Filed on November 07, 2023
Income Statement
Concept | 2023 Q4 | 2023 Q3 | 2022 Q4 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $5.282M | $5.035M | $8.964M |
YoY Change | -41.08% | -26.45% | 575.25% |
% of Gross Profit | |||
Research & Development | $33.59M | $28.64M | $18.03M |
YoY Change | 86.33% | 100.31% | 35.75% |
% of Gross Profit | |||
Depreciation & Amortization | $44.00K | $40.00K | $24.88K |
YoY Change | 76.85% | -76.95% | |
% of Gross Profit | |||
Operating Expenses | $40.74M | $33.68M | $26.99M |
YoY Change | 50.92% | 59.27% | 1933.19% |
Operating Profit | -$33.68M | ||
YoY Change | -12.68% | ||
Interest Expense | $6.195M | $1.950M | $7.249M |
YoY Change | -14.54% | -15.72% | -449.78% |
% of Operating Profit | |||
Other Income/Expense, Net | -$4.734M | $1.616M | |
YoY Change | 201.18% | ||
Pretax Income | -$39.27M | -$30.11M | -$19.74M |
YoY Change | 98.94% | -16.94% | 480.61% |
Income Tax | -$6.380K | $1.098M | $312.9K |
% Of Pretax Income | |||
Net Earnings | -$39.27M | -$31.21M | -$20.05M |
YoY Change | 95.8% | -15.06% | 489.81% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | -$0.11 | ||
Diluted Earnings Per Share | -$0.14 | -$0.11 | -$0.07 |
COMMON SHARES | |||
Basic Shares Outstanding | 269.4M shares | 269.2M shares | 266.4M shares |
Diluted Shares Outstanding | 275.9M shares |
Balance Sheet
Concept | 2023 Q4 | 2023 Q3 | 2022 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $158.1M | $174.5M | $227.9M |
YoY Change | -30.64% | -29.72% | 47850.44% |
Cash & Equivalents | $46.88M | $10.10M | $49.15M |
Short-Term Investments | $111.2M | $164.4M | $178.8M |
Other Short-Term Assets | $889.0K | $1.586M | $1.426M |
YoY Change | -37.64% | -46.67% | 6643.17% |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $242.2M | $259.6M | $312.2M |
YoY Change | -22.42% | -22.08% | 2035.82% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $547.0K | $477.9K | $451.6K |
YoY Change | 21.13% | 14.14% | |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $348.0K | $976.5K | $0.00 |
YoY Change | |||
Total Long-Term Assets | $3.118M | $1.989M | $668.2K |
YoY Change | 366.61% | 375.05% | -4.51% |
TOTAL ASSETS | |||
Total Short-Term Assets | $242.2M | $259.6M | $312.2M |
Total Long-Term Assets | $3.118M | $1.989M | $668.2K |
Total Assets | $245.3M | $261.6M | $312.9M |
YoY Change | -21.59% | -21.58% | 1942.61% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $4.571M | $1.832M | $2.097M |
YoY Change | 117.97% | -38.16% | 138.95% |
Accrued Expenses | $9.800M | $2.492M | |
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $51.99M | $46.16M | $24.93M |
YoY Change | 108.51% | 64.75% | 1533.86% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $25.76M | $11.32M | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $2.535M | $2.000M | $1.020M |
YoY Change | 148.51% | 138.42% | 45.12% |
Total Long-Term Liabilities | $28.30M | $13.35M | $1.020M |
YoY Change | 2674.21% | 1491.17% | 45.12% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $51.99M | $46.16M | $24.93M |
Total Long-Term Liabilities | $28.30M | $13.35M | $1.020M |
Total Liabilities | $80.29M | $59.51M | $25.95M |
YoY Change | 209.36% | 106.22% | 1064.37% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$344.7M | -$305.4M | -$217.0M |
YoY Change | 58.83% | 55.06% | |
Common Stock | $509.7M | $507.4M | $503.9M |
YoY Change | 1.15% | 1.16% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $165.1M | $202.0M | $286.9M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $245.3M | $261.6M | $312.9M |
YoY Change | -21.59% | -21.58% | 1942.61% |
Cashflow Statement
Concept | 2023 Q4 | 2023 Q3 | 2022 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$39.27M | -$31.21M | -$20.05M |
YoY Change | 95.8% | -15.06% | 489.81% |
Depreciation, Depletion And Amortization | $44.00K | $40.00K | $24.88K |
YoY Change | 76.85% | -76.95% | |
Cash From Operating Activities | -$24.51M | -$22.40M | -$20.74M |
YoY Change | 18.2% | 32.1% | 3361.63% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$60.00 | $0.00 | $57.75K |
YoY Change | -100.1% | -100.0% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $47.00M | -$12.00M | -$8.000M |
YoY Change | -687.5% | -87.5% | 247.83% |
Cash From Investing Activities | $47.00M | -$12.00M | -$8.058M |
YoY Change | -683.29% | -87.55% | 250.34% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 14.21M | 11.00M | 0.000 |
YoY Change | -26.67% | -100.0% | |
NET CHANGE | |||
Cash From Operating Activities | -24.51M | -22.40M | -20.74M |
Cash From Investing Activities | 47.00M | -12.00M | -8.058M |
Cash From Financing Activities | 14.21M | 11.00M | 0.000 |
Net Change In Cash | 36.70M | -23.40M | -28.80M |
YoY Change | -227.45% | -76.21% | 4706.67% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$24.51M | -$22.40M | -$20.74M |
Capital Expenditures | -$60.00 | $0.00 | $57.75K |
Free Cash Flow | -$24.51M | -$22.40M | -$20.80M |
YoY Change | 17.87% | 35.45% |
Facts In Submission
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Q3 | ||
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2023 | ||
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Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Description And Terms
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Company modified the service period for grants issued to certain grantees. The modification shortened the service period from three years to one year. | |
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2023-09-30 | ||
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EVE HOLDING, INC. | ||
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DE | ||
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85-2549808 | ||
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1400 General Aviation Drive | ||
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Melbourne | ||
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CY2022Q1 | evex |
Increase Decrease Through Net Transfer From Parent Equity
IncreaseDecreaseThroughNetTransferFromParentEquity
|
732776 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
746537 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-107221565 | usd |
CY2022Q2 | evex |
Increase Decrease Through Reclassification Of Public Warrants From Liability To Equity
IncreaseDecreaseThroughReclassificationOfPublicWarrantsFromLiabilityToEquity
|
10580000 | usd |
CY2022Q2 | us-gaap |
Stock And Warrants Issued During Period Value Preferred Stock And Warrants
StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants
|
87352000 | usd |
CY2022Q2 | evex |
Stock Issued During Period Value Reverse Recapitalization Net Of Fees
StockIssuedDuringPeriodValueReverseRecapitalizationNetOfFees
|
315326717 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
1935988 | usd |
CY2022Q2 | evex |
Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
|
8000 | usd |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Other Longterm Incentive Plans Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition
|
1028182 | usd |
CY2022Q2 | evex |
Increase Decrease Through Net Transfer From Parent Equity
IncreaseDecreaseThroughNetTransferFromParentEquity
|
-2105409 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
307650450 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-36744722 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
15000000 | usd |
CY2022Q3 | us-gaap |
Stock And Warrants Issued During Period Value Preferred Stock And Warrants
StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants
|
17424230 | usd |
CY2022Q3 | evex |
Stock Issued During Period Value Restricted Stock Units And Restricted Stock Units Expense
StockIssuedDuringPeriodValueRestrictedStockUnitsAndRestrictedStockUnitsExpense
|
653699 | usd |
CY2022Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
691909 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
304675566 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
|
867893 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Other Longterm Incentive Plans Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition
|
480000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
262498254 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
650075 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
231738303 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-31209845 | usd |
CY2023Q3 | evex |
Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
|
1150 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
1515207 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
202044815 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-88391854 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-153976295 | usd | |
us-gaap |
Depreciation
Depreciation
|
141714 | usd | |
us-gaap |
Depreciation
Depreciation
|
0 | usd | |
evex |
Noncash Lease Expenses Amortization And Interest
NoncashLeaseExpensesAmortizationAndInterest
|
54766 | usd | |
evex |
Noncash Lease Expenses Amortization And Interest
NoncashLeaseExpensesAmortizationAndInterest
|
0 | usd | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1750 | usd | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
0 | usd | |
us-gaap |
Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
|
384791 | usd | |
us-gaap |
Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
|
53517 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3320330 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2589688 | usd | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
480000 | usd | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
106496321 | usd | |
us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-9832500 | usd | |
us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
6127500 | usd | |
evex |
Interest Income On Financial Investments
InterestIncomeOnFinancialInvestments
|
5666936 | usd | |
evex |
Interest Income On Financial Investments
InterestIncomeOnFinancialInvestments
|
1354049 | usd | |
evex |
Interest Income On Related Party Loan Receivable
InterestIncomeOnRelatedPartyLoanReceivable
|
-844425 | usd | |
evex |
Interest Income On Related Party Loan Receivable
InterestIncomeOnRelatedPartyLoanReceivable
|
638145 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
732745 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-3263583 | usd | |
us-gaap |
Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
|
1898477 | usd | |
us-gaap |
Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
|
-14814 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-256735 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
2865325 | usd | |
us-gaap |
Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
|
8015787 | usd | |
us-gaap |
Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
|
4641968 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
4643734 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
3575088 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-69996532 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-38702719 | usd | |
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
72500000 | usd | |
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
0 | usd | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
52500000 | usd | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
169000000 | usd | |
evex |
Payments To Fund Short Term Loans To Related Parties
PaymentsToFundShortTermLoansToRelatedParties
|
0 | usd | |
evex |
Payments To Fund Short Term Loans To Related Parties
PaymentsToFundShortTermLoansToRelatedParties
|
81000000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
168056 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-250418721 | usd | |
us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
11375385 | usd | |
us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
0 | usd | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
375201 | usd | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
287154 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
0 | usd | |
us-gaap |
Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
|
0 | usd | |
us-gaap |
Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
|
369830250 | usd | |
us-gaap |
Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
|
0 | usd | |
us-gaap |
Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
|
15754066 | usd | |
us-gaap |
Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
|
0 | usd | |
us-gaap |
Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
|
1372633 | usd | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
1150 | usd | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
10714180 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
352703551 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
401663 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
-17263 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-39048745 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
63564848 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
49146063 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
14376523 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
10097318 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
77941371 | usd |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
874810 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
489590 | usd | |
us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
372863 | usd | |
us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
0 | usd | |
us-gaap |
Stock Issued1
StockIssued1
|
1365750 | usd | |
us-gaap |
Stock Issued1
StockIssued1
|
1584800 | usd | |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
14376523 | usd |
CY2021Q4 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
220000 | usd |
CY2021Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
6274397 | usd |
CY2021Q4 | us-gaap |
Assets Current
AssetsCurrent
|
20870920 | usd |
CY2021Q4 | us-gaap |
Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
|
699753 | usd |
CY2021Q4 | us-gaap |
Assets Noncurrent
AssetsNoncurrent
|
699753 | usd |
CY2021Q4 | us-gaap |
Assets
Assets
|
21570673 | usd |
CY2021Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
877641 | usd |
CY2021Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
32226 | usd |
CY2021Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
10168363 | usd |
CY2021Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
702921 | usd |
CY2021Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
702921 | usd |
CY2021Q4 | us-gaap |
Liabilities
Liabilities
|
10871284 | usd |
CY2021Q4 | evex |
Net Parent Investment
NetParentInvestment
|
10731615 | usd |
CY2021Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-32226 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
10699389 | usd |
CY2021Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
21570673 | usd |
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p style="margin: 0px; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif; text-indent: 0px;"><b><span style="font-size: 10pt; line-height: inherit; font-family: 'Times New Roman', serif;">Prior Period Reclassification</span></b></p> <p style="margin: 0pt; text-align: justify; line-height: 1.2;"><br/></p> <p style="margin: 0px; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif; text-indent: 0px; text-align: justify;"><span style="font-size: 10pt; line-height: inherit; font-family: 'Times New Roman', serif;">We have reclassified certain prior period amounts to conform to the current period presentation. Exchange rate effects due to translation were reclassified from line items within “Changes in operating assets and liabilities” to “Unrealized gain on exchange rate translation” and “<span style="color: #000000; line-height: inherit;">Effect of exchange rate changes on cash and cash equivalents</span>” within the condensed consolidated statements of cash flows.</span></p> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font-size: 10pt; line-height: 1.2; margin: 0pt 0pt 10pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">Use of Estimates </span></p> <p style="margin: 0px; text-align: justify; line-height: 1.2; font-size: 10pt; font-family: 'Times New Roman'; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'Times New Roman', serif; line-height: inherit;"><span style="line-height: inherit;">The preparation of condensed consolidated financial statements in accordance with U.S. GAAP requires the Company’s management to make estimates and judgments that affected the reported amounts of assets and liabilities and allocations of expenses. These judgments were based on the historical experience, management’s evaluation of trends in the industry and other factors that were deemed relevant at that time. The estimates and assumptions were reviewed on a regular basis and the changes to accounting estimates were recognized in the period in which the estimates were revised. The Company’s management recognize that the actual results could be materially different from the estimates. </span><span style="line-height: inherit;"><span style="line-height: inherit;">Under the legal entity approach, the significant estimates include, </span></span><span style="line-height: inherit;">but are not limited to the measurement of warrants, fair value measurement and income taxes.</span></span></p> | ||
CY2023Q3 | us-gaap |
Cash
Cash
|
5521119 | usd |
CY2022Q4 | us-gaap |
Cash
Cash
|
14446534 | usd |
CY2023Q3 | evex |
Private Securities At Carrying Value
PrivateSecuritiesAtCarryingValue
|
4576199 | usd |
CY2022Q4 | evex |
Private Securities At Carrying Value
PrivateSecuritiesAtCarryingValue
|
4483260 | usd |
CY2023Q3 | us-gaap |
Certificates Of Deposit At Carrying Value
CertificatesOfDepositAtCarryingValue
|
0 | usd |
CY2022Q4 | us-gaap |
Certificates Of Deposit At Carrying Value
CertificatesOfDepositAtCarryingValue
|
30216269 | usd |
CY2023Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
10097318 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
49146063 | usd |
CY2023Q3 | us-gaap |
Maturity Of Time Deposits
MaturityOfTimeDeposits
|
P90D | |
CY2022Q4 | us-gaap |
Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
|
0 | usd |
CY2023Q3 | us-gaap |
Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
|
0 | usd |
CY2023Q3 | evex |
Allocated Corporate Costs Income Net From Transactions With Related Party
AllocatedCorporateCostsIncomeNetFromTransactionsWithRelatedParty
|
21620397 | usd |
CY2022Q3 | evex |
Allocated Corporate Costs Income Net From Transactions With Related Party
AllocatedCorporateCostsIncomeNetFromTransactionsWithRelatedParty
|
11829785 | usd |
evex |
Allocated Corporate Costs Income Net From Transactions With Related Party
AllocatedCorporateCostsIncomeNetFromTransactionsWithRelatedParty
|
55521353 | usd | |
evex |
Allocated Corporate Costs Income Net From Transactions With Related Party
AllocatedCorporateCostsIncomeNetFromTransactionsWithRelatedParty
|
35263146 | usd | |
CY2023Q3 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
816405 | usd |
CY2022Q4 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
1292317 | usd |
CY2023Q3 | us-gaap |
Supplies
Supplies
|
510805 | usd |
CY2022Q4 | us-gaap |
Supplies
Supplies
|
0 | usd |
CY2023Q3 | evex |
Advances To Employees
AdvancesToEmployees
|
209749 | usd |
CY2022Q4 | evex |
Advances To Employees
AdvancesToEmployees
|
74064 | usd |
CY2023Q3 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
0 | usd |
CY2022Q4 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
34642 | usd |
CY2023Q3 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
49434 | usd |
CY2022Q4 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
24484 | usd |
CY2023Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
1586393 | usd |
CY2022Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
1425507 | usd |
CY2023Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
600145 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
476465 | usd |
CY2023Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
122217 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
24879 | usd |
CY2023Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
477928 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
451586 | usd |
CY2023Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
37220 | usd |
CY2022Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
0 | usd |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
95979 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
0 | usd | |
CY2023Q3 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
9501382 | usd |
CY2023Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
11723724 | usd |
CY2023Q3 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
404034 | usd |
CY2023Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
11319690 | usd |
CY2023Q3 | evex |
Deferred Charges Related To Debt Issuance Costs
DeferredChargesRelatedToDebtIssuanceCosts
|
384683 | usd |
CY2023Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2023Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
1000000000 | shares |
CY2023Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
100000000 | shares |
CY2023Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
269209021 | shares |
CY2023Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
269209021 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
269094021 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
269094021 | shares |
us-gaap |
Common Stock Voting Rights
CommonStockVotingRights
|
one vote per share | ||
CY2022Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2022Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2023Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2023Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-31209845 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-36744722 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-153976295 | usd | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
275887223 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
275887223 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
272040343 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
272040343 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
275671199 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
275671199 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
247010044 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
247010044 | shares | |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.11 | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.11 | |
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.14 | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.14 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.32 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.32 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.62 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.62 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
57945675 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
57349750 | shares | |
CY2023Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.036 | pure |
CY2022Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.014 | pure |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.018 | pure | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.004 | pure | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1574382 | usd | |
CY2023Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
28642065 | usd |
CY2022Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
14298925 | usd |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
71991658 | usd | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
33830890 | usd |