2024 Q2 Form 10-Q Financial Statement

#000155485524000334 Filed on May 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1 2023 Q1
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $5.400M $6.477M $6.154M
YoY Change -18.59% 5.24% 660.95%
% of Gross Profit
Research & Development $36.32M $27.46M $21.53M
YoY Change 66.43% 27.53% 136.19%
% of Gross Profit
Depreciation & Amortization $58.00K $51.00K $22.05K
YoY Change -28.47% 131.29%
% of Gross Profit
Operating Expenses $41.72M $33.93M $27.68M
YoY Change 46.61% 22.57% 178.96%
Operating Profit -$41.72M -$33.93M -$27.68M
YoY Change 46.61% 22.57% 165.34%
Interest Expense $613.0K $412.0K $2.084M
YoY Change -123.11% -80.23% 368.48%
% of Operating Profit
Other Income/Expense, Net $1.053M -$229.0K $34.00K
YoY Change 611.49% -773.53% -253.02%
Pretax Income -$35.99M -$24.67M -$25.60M
YoY Change 15.71% -3.61% 169.43%
Income Tax $395.0K $600.0K $173.7K
% Of Pretax Income
Net Earnings -$36.39M -$25.30M -$25.77M
YoY Change 15.85% -1.85% 171.26%
Net Earnings / Revenue
Basic Earnings Per Share -$0.13 -$0.09 -$0.09
Diluted Earnings Per Share -$0.13 -$0.09 -$0.09
COMMON SHARES
Basic Shares Outstanding 269.4M shares 269.4M shares 269.1M shares
Diluted Shares Outstanding 276.4M shares 276.3M shares 275.5M shares

Balance Sheet

Concept 2024 Q2 2024 Q1 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $121.0M $138.3M $211.0M
YoY Change -34.37% -34.44% 854668.4%
Cash & Equivalents $27.76M $23.59M $11.84M
Short-Term Investments $93.23M $114.7M $199.1M
Other Short-Term Assets $3.875M $1.601M $740.7K
YoY Change 165.06% 116.15% 772.44%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $210.4M $224.3M $295.5M
YoY Change -22.32% -24.12% 269599.44%
LONG-TERM ASSETS
Property, Plant & Equipment $1.235M $514.0K $594.3K
YoY Change 140.35% -13.51%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $212.0K $811.0K
YoY Change
Total Long-Term Assets $4.198M $4.058M $801.5K
YoY Change 294.56% 406.33% -99.66%
TOTAL ASSETS
Total Short-Term Assets $210.4M $224.3M $295.5M
Total Long-Term Assets $4.198M $4.058M $801.5K
Total Assets $214.6M $228.3M $296.3M
YoY Change -21.08% -22.95% 25.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.822M $1.648M $490.1K
YoY Change 20.06% 236.22% -91.41%
Accrued Expenses $19.11M $12.91M $5.046M
YoY Change 729.56% 155.87% 418.83%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $54.33M $45.21M $32.86M
YoY Change 40.81% 37.57% 460.89%
LONG-TERM LIABILITIES
Long-Term Debt $52.60M $40.04M $0.00
YoY Change
Other Long-Term Liabilities $2.528M $2.191M $976.3K
YoY Change 65.17% 124.42% -96.04%
Total Long-Term Liabilities $55.13M $42.23M $976.3K
YoY Change 3502.17% 4225.71% -96.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $54.33M $45.21M $32.86M
Total Long-Term Liabilities $55.13M $42.23M $976.3K
Total Liabilities $109.5M $87.44M $33.84M
YoY Change 172.86% 158.41% 10.84%
SHAREHOLDERS EQUITY
Retained Earnings -$406.4M -$370.0M -$242.8M
YoY Change 48.2% 52.39%
Common Stock $511.4M $510.8M $505.3M
YoY Change 1.09% 1.1%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $105.1M $140.9M $262.5M
YoY Change
Total Liabilities & Shareholders Equity $214.6M $228.3M $296.3M
YoY Change -21.08% -22.95% 25.01%

Cashflow Statement

Concept 2024 Q2 2024 Q1 2023 Q1
OPERATING ACTIVITIES
Net Income -$36.39M -$25.30M -$25.77M
YoY Change 15.85% -1.85% 171.26%
Depreciation, Depletion And Amortization $58.00K $51.00K $22.05K
YoY Change -28.47% 131.29%
Cash From Operating Activities -$30.75M -$35.81M -$19.89M
YoY Change 10.98% 80.05% 3211.54%
INVESTING ACTIVITIES
Capital Expenditures $659.0K $106.0K $43.70K
YoY Change 441.58% 142.57%
Acquisitions
YoY Change
Other Investing Activities $22.00M -$2.000M -$17.50M
YoY Change -55.56% -88.57%
Cash From Investing Activities $21.34M -$2.106M -$17.54M
YoY Change -56.78% -88.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 14.25M $14.75M $0.00
YoY Change -5061.17% -100.0%
NET CHANGE
Cash From Operating Activities -30.75M -$35.81M -$19.89M
Cash From Investing Activities 21.34M -$2.106M -$17.54M
Cash From Financing Activities 14.25M $14.75M $0.00
Net Change In Cash 4.832M -$23.29M -$37.31M
YoY Change -77.4% -37.56% 8178.72%
FREE CASH FLOW
Cash From Operating Activities -$30.75M -$35.81M -$19.89M
Capital Expenditures $659.0K $106.0K $43.70K
Free Cash Flow -$31.41M -$35.92M -$19.93M
YoY Change 12.86% 80.18% 3218.82%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
46882000 usd
CY2024Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
FL
CY2023Q4 us-gaap Derivative Liability Statement Of Financial Position Extensible Enumeration
DerivativeLiabilityStatementOfFinancialPositionExtensibleEnumeration
http://fasb.org/us-gaap/2023#DerivativeLiabilitiesCurrent
CY2024Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2024Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001823652
CY2024Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2024Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
CY2024Q1 dei Amendment Flag
AmendmentFlag
false
CY2023Q4 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#OtherLiabilities
CY2024Q1 us-gaap Derivative Liability Statement Of Financial Position Extensible Enumeration
DerivativeLiabilityStatementOfFinancialPositionExtensibleEnumeration
http://fasb.org/us-gaap/2023#DerivativeLiabilitiesCurrent
CY2024Q1 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#OtherLiabilities
CY2024Q1 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q1 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q1 dei Document Type
DocumentType
10-Q
CY2024Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2024Q1 dei Document Period End Date
DocumentPeriodEndDate
2024-03-31
CY2024Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2024Q1 dei Entity File Number
EntityFileNumber
001-39704
CY2024Q1 dei Entity Registrant Name
EntityRegistrantName
EVE HOLDING, INC.
CY2024Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2024Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
85-2549808
CY2024Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
1400 General Aviation Drive
CY2024Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Melbourne
CY2024Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
32935
CY2024Q1 dei City Area Code
CityAreaCode
(321)
CY2024Q1 dei Local Phone Number
LocalPhoneNumber
751-5050
CY2024Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2024Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2024Q1 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2024Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2024Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
CY2024Q1 dei Entity Ex Transition Period
EntityExTransitionPeriod
false
CY2024Q1 dei Entity Shell Company
EntityShellCompany
false
CY2024Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
269365708 shares
CY2024Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
23588000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
46882000 usd
CY2024Q1 us-gaap Short Term Investments
ShortTermInvestments
114714000 usd
CY2023Q4 us-gaap Short Term Investments
ShortTermInvestments
111218000 usd
CY2024Q1 evex Loans Receivable Related Parties Current
LoansReceivableRelatedPartiesCurrent
84264000 usd
CY2023Q4 evex Loans Receivable Related Parties Current
LoansReceivableRelatedPartiesCurrent
83042000 usd
CY2024Q1 us-gaap Other Assets Current
OtherAssetsCurrent
1601000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
889000 usd
CY2024Q1 us-gaap Assets Current
AssetsCurrent
224267000 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
242221000 usd
CY2024Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
514000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
547000 usd
CY2024Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1019000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
508000 usd
CY2024Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
1714000 usd
CY2023Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
1714000 usd
CY2024Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
811000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
348000 usd
CY2024Q1 us-gaap Assets Noncurrent
AssetsNoncurrent
4058000 usd
CY2023Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
3118000 usd
CY2024Q1 us-gaap Assets
Assets
228325000 usd
CY2023Q4 us-gaap Assets
Assets
245339000 usd
CY2024Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
1648000 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
4571000 usd
CY2024Q1 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
7624000 usd
CY2023Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
13965000 usd
CY2024Q1 us-gaap Liabilities Current
LiabilitiesCurrent
45212000 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
51989000 usd
CY2024Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
40041000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
25764000 usd
CY2024Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
42232000 usd
CY2023Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
28299000 usd
CY2024Q1 us-gaap Liabilities
Liabilities
87444000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
80288000 usd
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2024Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2024Q1 us-gaap Common Stock Value
CommonStockValue
269000 usd
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
269000 usd
CY2024Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
510574000 usd
CY2023Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
509448000 usd
CY2024Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-369963000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-344667000 usd
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
140881000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
165051000 usd
CY2024Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
228325000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
245339000 usd
CY2024Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
27455000 usd
CY2023Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
21528000 usd
CY2024Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
6477000 usd
CY2023Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
6154000 usd
CY2024Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-33932000 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-27683000 usd
CY2024Q1 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
6341000 usd
CY2023Q1 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-2195000 usd
CY2024Q1 us-gaap Investment Income Net
InvestmentIncomeNet
2337000 usd
CY2023Q1 us-gaap Investment Income Net
InvestmentIncomeNet
3254000 usd
CY2024Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
1222000 usd
CY2023Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
990000 usd
CY2024Q1 us-gaap Interest Expense
InterestExpense
412000 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
0 usd
CY2024Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-229000 usd
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
34000 usd
CY2024Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-24673000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-25598000 usd
CY2024Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
623000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
174000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
-25296000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-25772000 usd
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
276263000 shares
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
276263000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
275494000 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
275494000 shares
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.09
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.09
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.09
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.09
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
-25296000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-25772000 usd
CY2024Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-25296000 usd
CY2023Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-25772000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
286922000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-25772000 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
868000 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
480000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
262498000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
165051000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
-25296000 usd
CY2024Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1126000 usd
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
140881000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
-25296000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-25772000 usd
CY2024Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
51000 usd
CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
22000 usd
CY2024Q1 evex Noncash Lease Expenses Amortization And Interest
NoncashLeaseExpensesAmortizationAndInterest
54000 usd
CY2023Q1 evex Noncash Lease Expenses Amortization And Interest
NoncashLeaseExpensesAmortizationAndInterest
9000 usd
CY2024Q1 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
315000 usd
CY2023Q1 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
59000 usd
CY2024Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1126000 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
868000 usd
CY2024Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0 usd
CY2023Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
480000 usd
CY2024Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
6341000 usd
CY2023Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-2195000 usd
CY2024Q1 evex Interest Income On Financial Investments
InterestIncomeOnFinancialInvestments
1497000 usd
CY2023Q1 evex Interest Income On Financial Investments
InterestIncomeOnFinancialInvestments
2838000 usd
CY2024Q1 evex Interest Income On Related Party Loan Receivable
InterestIncomeOnRelatedPartyLoanReceivable
1222000 usd
CY2024Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1285000 usd
CY2023Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-716000 usd
CY2024Q1 us-gaap Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
-206000 usd
CY2023Q1 us-gaap Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
-104000 usd
CY2024Q1 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-2909000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-1708000 usd
CY2024Q1 us-gaap Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
1319000 usd
CY2023Q1 us-gaap Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
3588000 usd
CY2024Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
296000 usd
CY2023Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
3495000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-35813000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-19891000 usd
CY2024Q1 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
10000000 usd
CY2023Q1 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
0 usd
CY2024Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
12000000 usd
CY2023Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
17500000 usd
CY2024Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
106000 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
44000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2106000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-17544000 usd
CY2024Q1 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
14966000 usd
CY2023Q1 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
0 usd
CY2024Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
219000 usd
CY2023Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
14747000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
0 usd
CY2024Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-122000 usd
CY2023Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
126000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-23294000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-37309000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
46882000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
49146000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
23588000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11837000 usd
CY2024Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
949000 usd
CY2023Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
148000 usd
CY2024Q1 us-gaap Interest Paid Net
InterestPaidNet
273000 usd
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
0 usd
CY2024Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
8000 usd
CY2023Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
121000 usd
CY2024Q1 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
564000 usd
CY2023Q1 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
0 usd
CY2024Q1 us-gaap Stock Issued1
StockIssued1
41000 usd
CY2023Q1 us-gaap Stock Issued1
StockIssued1
0 usd
CY2024Q1 us-gaap Use Of Estimates
UseOfEstimates
<p style="margin: 0pt 0pt 10pt; color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0pt; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; line-height: 1.2; text-align: justify;"><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; color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; text-align: justify; line-height: 1.2;"><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 recognizes that the actual results could be materially different from the estimates.<span> </span></span></span></p>
CY2024Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="margin: 0px; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; line-height: 15.6933px; font-size: 11pt; font-family: Calibri, sans-serif;"><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; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 13.3333px; text-align: justify; line-height: 1.2;"><br/></p> <p style="margin: 0pt; color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0pt; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; line-height: 1.2; font-family: Calibri, sans-serif; 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. These reclassifications had no effect on the reported results of operations.</span></p>
CY2024Q1 us-gaap Cash
Cash
8096000 usd
CY2023Q4 us-gaap Cash
Cash
9173000 usd
CY2024Q1 evex Private Securities At Carrying Value
PrivateSecuritiesAtCarryingValue
5455000 usd
CY2023Q4 evex Private Securities At Carrying Value
PrivateSecuritiesAtCarryingValue
4385000 usd
CY2024Q1 us-gaap Certificates Of Deposit At Carrying Value
CertificatesOfDepositAtCarryingValue
10038000 usd
CY2023Q4 us-gaap Certificates Of Deposit At Carrying Value
CertificatesOfDepositAtCarryingValue
33325000 usd
CY2024Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
23588000 usd
CY2024Q1 us-gaap Maturity Of Time Deposits
MaturityOfTimeDeposits
P90D
CY2023Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
0 usd
CY2024Q1 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
0 usd
CY2024Q1 evex Allocated Corporate Costs Income Net From Transactions With Related Party
AllocatedCorporateCostsIncomeNetFromTransactionsWithRelatedParty
21639000 usd
CY2023Q1 evex Allocated Corporate Costs Income Net From Transactions With Related Party
AllocatedCorporateCostsIncomeNetFromTransactionsWithRelatedParty
15743000 usd
CY2024Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
715000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
707000 usd
CY2024Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
202000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
160000 usd
CY2024Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
514000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
547000 usd
CY2024Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
40616000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
26069000 usd
CY2024Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
575000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
305000 usd
CY2024Q1 us-gaap Long Term Debt
LongTermDebt
40041000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
25764000 usd
CY2024Q1 evex Deferred Charges Related To Debt Issuance Costs
DeferredChargesRelatedToDebtIssuanceCosts
288000 usd
CY2023Q4 evex Deferred Charges Related To Debt Issuance Costs
DeferredChargesRelatedToDebtIssuanceCosts
348000 usd
CY2024Q1 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
7600000 usd
CY2023Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
14000000 usd
CY2024Q1 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
6300000 usd
CY2023Q1 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-2200000 usd
CY2024Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2024Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2024Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2024Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
269365708 shares
CY2024Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
269365708 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
269359021 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
269359021 shares
CY2024Q1 us-gaap Common Stock Voting Rights
CommonStockVotingRights
one vote per share
CY2023Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2024Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2024Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
-25296000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-25772000 usd
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
276263000 shares
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
276263000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
275494000 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
275494000 shares
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.09
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.09
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.09
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.09
CY2024Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
57413000 shares
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
57837000 shares
CY2024Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
600000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
200000 usd
CY2024Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1019000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
508000 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
1011000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
510000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
344000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
459000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
221000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
92000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
0 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1116000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
105000 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
1011000 usd
CY2024Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 number
CY2024Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 number
CY2024Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
27455000 usd
CY2023Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
21528000 usd
CY2024Q1 evex Other Operating And Nonoperating Income Expense Net
OtherOperatingAndNonoperatingIncomeExpenseNet
-2782000 usd
CY2023Q1 evex Other Operating And Nonoperating Income Expense Net
OtherOperatingAndNonoperatingIncomeExpenseNet
4070000 usd
CY2024Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-24673000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-25598000 usd

Files In Submission

Name View Source Status
0001554855-24-000334-index-headers.html Edgar Link pending
0001554855-24-000334-index.html Edgar Link pending
0001554855-24-000334.txt Edgar Link pending
0001554855-24-000334-xbrl.zip Edgar Link pending
evex-20240331.htm Edgar Link pending
evex-20240331.xsd Edgar Link pending
evex-20240331_cal.xml Edgar Link unprocessable
ex311_1.htm Edgar Link pending
ex312_2.htm Edgar Link pending
ex321_3.htm Edgar Link pending
ex322_4.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
evex-20240331_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
evex-20240331_htm.xml Edgar Link completed
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
evex-20240331_def.xml Edgar Link unprocessable
evex-20240331_lab.xml Edgar Link unprocessable