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Aeva Technologies, Inc. (IPVU)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-05-22Dec-31-21Dec-05-21Dec-31-20Dec-31-19
   10-K8-K10-K8-K10-K10-K
Cash flows from operating activities:        
    Net loss  -147.3-147.3-101.9-101.9-25.6-19.6
    Adjustments to reconcile net loss to net cash used in operating activities:        
        Depreciation and amortization  3.33.31.11.10.80.6
        Impairment of inventories  1.7     
        Loss on write down of fixed assets    0.1   
        Change in fair value of warrant liability  -1.0 -2.0   
        Stock-based compensation  24.224.222.222.23.82.2
        Amortization of right-of-use assets  2.9 1.9   
        Realized loss on available-for-sale securities  0.0     
        Amortization of premium on available-for-sale securities  0.4 1.5   
        Accounts receivable  -0.5-0.5-2.2-2.20.2-0.4
        Inventories  -2.6-2.6-0.8-0.8-0.90.6
        Other current assets  3.63.6-7.3-7.3-3.5-0.6
        Other noncurrent assets  0.00.0-0.8-0.80.00.0
        Accounts payable  1.31.32.72.71.40.2
        Accrued liabilities  5.05.03.23.22.30.2
        Accrued employee costs  2.5 1.5 0.30.2
        Lease liability  -2.9 -1.8   
        Other current liabilities  -0.5-0.50.50.50.00.2
        Other noncurrent liabilities      0.0-0.1
            Net cash used in operating activities  -109.9-109.9-82.1-82.1-21.2-16.4
   
Cash flows from investing activities:        
    Purchase of property, plant, and equipment  -7.4 -3.9 -0.9-0.4
    Purchase of available-for-sale securities  -210.2-210.2-571.9-571.9  
    Proceeds from sale of available-for-sale securities    20.1   
    Proceeds from maturities of available-for-sale securities  328.5 171.6   
    Purchase of intangible assets    -4.5   
        Net cash provided by (used in) investing activities  110.9110.9-388.6-388.6-0.9-0.4
   
Cash flows from financing activities:        
    Proceeds from business combination and private offering    560.8   
    Transaction costs related to business combination and private offering    -47.5   
    Payments of taxes withheld on net settled vesting of restricted stock units  -0.7 -1.3   
    Proceeds from the issuance of Series B Preferred Stock        
    Proceeds from exercise of stock options  0.40.40.90.90.10.0
    Proceeds from exercise of warrants  0.0     
    Financing costs incurred        
        Net cash provided by (used in) financing activities  -0.4-0.4512.9512.90.136.0
    Net increase (decrease) in cash and cash equivalents  0.6 42.2 -22.019.2
   
Supplemental disclosures of cash flow information:        
    Supplemental disclosure of noncash investing and financing activities:        
        Unpaid property, plant and equipment purchases  0.1 0.8 0.00.0
        Private placement of warrants acquired as part of merger    3.0   
        Right-of-use asset obtained in exchange for lease liability    10.5   
        Non-cash lease adoption    1.7   

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