Rocket


Overview
Financials
News + Filings
Key Docs
Ownership
Insiders





Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

Embark Technology, Inc.

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsSep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21Dec-31-20
   10-Q10-Q10-Q8-K10-Q10-Q10-Q10-K
Cash flows from operating activities          
Net loss  -35.4-14.3-18.4-124.2-19.1-20.2-8.5-6.5
   
Adjustments to reconcile net loss to net cash used in operating activities:          
    Depreciation and amortization  0.60.50.4 0.30.30.2 
    Amortization expense - right-of-use assets - operating leases  0.80.50.5     
    Stock-based compensation, net of amounts capitalized  10.912.416.6 0.60.50.6 
    Issuance of warrants for services      0.31.4  
    Change in fair value of warrants  -1.4-23.6-22.28.2 -0.10.1 
    Net amortization of premiums and accretion of discounts on investments      0.00.10.1 
    Amortization of debt discount      2.11.7  
    Change in the fair value of derivative liability  -1.4-45.7  1.04.8  
    Loss on sale of property, equipment and software  -0.1       
    Issuance of common stock for services  -1.4-23.6-22.28.2 -0.10.1 
    Changes in operating assets and liabilities:          
        Prepaid expenses and other current assets  -3.15.50.7 1.5-2.50.0-0.2
        Other assets  0.9-3.5-0.1 -0.1-3.1-0.10.0
        Accounts payable  -1.00.41.6 1.11.40.3 
        Other long-term liabilities    0.1 0.0   
        Accrued expenses and other current liabilities  1.80.02.6 -0.52.40.50.1
            Net cash used in operating activities  -26.0-22.0-18.2-66.0-12.8-13.3-6.8-6.8
   
Cash flows from investing activities          
Maturities of investments      13.017.018.2 
Proceeds from sale of property, equipment and software  0.4       
Purchase of property, equipment and software  -3.8-2.7-1.7 -0.8-0.6-1.0-2.2
Deposit for purchase of trucks       -0.4  
Refund of deposit for trucks       0.0  
    Net cash provided by (used in) investing activities  -3.4-2.7-1.749.512.216.117.34.4
   
Cash flows from financing activities          
Cash proceeds received from convertible note payable      0.025.0  
Payment towards notes payable  -0.1-0.1-0.1 0.0-0.1-0.1-0.3
Proceeds from exercise of stock options  0.20.80.4 0.10.00.1 
Repurchase of early exercised stock options    0.0     
Deferred offering costs      -0.8   
    Net cash provided by financing activities  0.00.60.3270.1-0.824.90.00.0
    Net increase (decrease) in cash, cash equivalents and restricted cash  -29.4-24.1-19.7 -1.427.710.5 
   
Supplemental disclosures of cash flow information:          
    Cash paid during the period for interest    0.0 0.00.00.0 
    Supplemental schedule of noncash investing and financing activities          
    Acquisition of property, equipment and software in accounts payable  0.70.10.3  -0.10.2 
    Acquisition of trucks by assuming notes payable  0.41.0    0.3 
    Right-of-use assets obtained in exchange for lease obligations  17.70.56.6     
    Deferred offering costs in accrued liability      1.12.2  
    Stock-based compensation capitalized into internally developed software  0.20.80.2 0.10.10.0 
    Vesting of early exercised stock options  0.00.00.0 0.00.00.0 
    Issuance of common stock for services   0.7      

Rocket Data Systems, Inc. © 2019 | Contact Us | Data Disclaimer | Terms of Use | Privacy