$XOS Cashflow Statement | Understand Stock

$XOS

$2.62 -$0.10 (3.68%) Close

$XOS Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated Statements of Cash Flows

In millions of USD, except per-share amounts

	FY2025 12 months to Dec 31, 2025	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021
Operating Activities:
Net loss
Adjustments to reconcile net loss to net cash provided by (used in) operating activities
Depreciation
Amortization of right-of-use assets
Amortization of debt discounts and issuance costs
Amortization of insurance premiums
Non-cash interest expense
Impairment of assets held for sale
Inventory (recoveries) write-downs
Inventory reserves
Impairment of property and equipment and assets held-for-sale
Change in fair value of derivative instruments
Change in fair value of earn-out shares liability
Write off of subscription receivable
Realized loss on debt extinguishment
Net realized losses on marketable debt securities, available-for-sale
Stock-based compensation expense
Bad debt expense
Other non-cash items
Changes in operating assets and liabilities:
Accounts receivable
Inventories
Prepaid expenses and other current assets
Other assets
Accounts payable
Other liabilities

Net cash provided by (used in) operating activities
Investing Activities:
Proceeds from the disposal of assets held for sale
Proceeds from sales and maturities of marketable debt securities, available-for-sale
Purchases of property and equipment
Purchases of marketable debt securities, available-for-sale
Net cash acquired in acquisition of ElectraMeccanica Vehicles Corp
Net cash provided by investing activities

Financing Activities:
Proceeds from reverse merger, net
Proceeds from PIPE investment
Proceeds from issuance of shares of Legacy Xos Preferred Stock
Proceeds from subscription receivable – preferred
Proceeds from exercise of Legacy Xos Preferred Stock warrant
Equipment loans payable - gross payments
Debt issuance costs
Principal payment for equipment leases
Proceeds from short-term insurance financing note
Payment for short-term insurance financing note
Proceeds from equipment financing
Payments of prepayment premiums
Stock option exercises
Taxes paid related to net share settlement of stock-based awards
SAFEs - gross borrowings
Shares repurchased and retired
Proceeds from sale and issuance of common stock
Net cash used in financing activities

Net increase (decrease) in cash, cash equivalents and restricted cash
Cash, cash equivalents and restricted cash, beginning of year
Cash, cash equivalents and restricted cash, end of year
Supplemental disclosure of cash flow information
Purchases of property and equipment in accounts payable
Recognition of right-of-use asset and lease liabilities upon ASC 842 adoption at 1/1/2022
Cash paid for interest
Cash paid for income taxes
Operating lease termination

Supplemental disclosure of non-cash investing and financing activities
Issuance of common stock for equipment lease termination
Settlement of accrued interest with shares of Xos common stock
Purchase of property and equipment in accounts payable
Recognition of right-of-use asset and lease liabilities upon ASC 842 adoption
Right-of-use assets obtained in exchange for operating lease obligations
Conversion of interest payable on convertible notes
Conversion of convertible debentures to Common Stock
Conversion of convertible notes
Conversion of Legacy Xos Preferred Stock into Common Stock
Redeemable warrant issued for redeemable convertible preferred shares
Redeemable convertible preferred shares issued and stock options exercised for subscription receivable
Assumption of Public Warrants and Private Placement Warrants
Recognition of Earn-out Shares liability
Transaction costs relating to the reverse merger offset against additional paid-in capital
Net assets acquired in acquisition of ElectraMeccanica Vehicles Corp.
Xos common stock issued in exchange for ElectraMeccanica Vehicles Corp.
Fair value adjustment of related party debt at conversion
Issuance of Legacy Xos Preferred Stock

Cash and cash equivalents
Restricted cash

Comments