7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 
      
    		                   
      operating activities
    		                   
      net income
    		-105,824,000 -114,698,000 -114,423,000 -114,662,000 -119,699,000 -122,953,000 -120,628,000 -113,339,000 -110,602,000 -116,507,000 -104,631,000 -109,053,000 -117,653,000 -94,837,000 -90,353,000 -67,227,000 15,351,000 80,988,000 -75,089,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                   
      depreciation and amortization
    		14,169,000 19,470,000 18,335,000 17,986,000 14,943,000 12,869,000 11,983,000 10,781,000 11,644,000 10,028,000 9,505,000 9,305,000 8,469,000 5,782,000 4,724,000 3,575,000 2,477,000 2,954,000 2,201,000 
      amortization of right-of-use assets and non-cash lease expense
    		1,745,000 2,068,000 2,046,000 2,030,000 2,013,000 1,982,000 1,985,000 1,966,000 1,950,000 1,942,000 1,933,000 2,172,000 1,973,000 1,906,000 1,792,000     
      amortization of premiums and accretion of discounts on marketable securities
    		-4,583,000 -4,065,000 -5,048,000 -6,189,000 -7,445,000 -7,520,000 -8,159,000 -8,053,000 -5,343,000 -3,336,000 -2,176,000 -515,000 791,000 1,528,000 2,185,000 2,790,000 3,623,000 3,022,000 2,410,000 
      stock-based compensation expense
    		29,223,000 26,255,000 40,639,000 34,182,000 43,359,000 47,825,000 19,287,000 37,924,000 40,391,000 49,992,000 37,990,000 34,125,000 33,578,000 30,926,000 28,481,000 16,165,000 12,727,000 11,607,000 11,676,000 
      write-off of fixed assets
    		9,522,000                   
      other
    		-2,657,000 -319,000 40,000 -77,000 -1,166,000 1,245,000 107,000 -5,000 -27,000 -98,000 599,000 366,000 -134,000 48,000 560,000 676,000 336,000   
      changes in operating assets and liabilities:
    		                   
      prepaid expenses and other current assets and other assets
    		-1,988,000 2,636,000 472,000 -116,000 21,933,000 -31,000 -22,679,000             
      accounts payable, accrued liabilities and accrued compensation and benefits
    		-2,185,000 -5,328,000 -1,532,000 -1,019,000 -47,335,000 1,755,000 61,564,000             
      operating lease liability
    		-1,098,000 -1,322,000 -1,272,000 -1,342,000 -1,184,000 -1,272,000 -1,261,000 -1,140,000 -1,019,000   -1,155,000 -175,000   -34,000 -364,000 -459,000 -345,000 
      other liabilities
    		-58,000 -1,425,000 -6,000 -1,264,000 246,000 949,000 -144,000             
      net cash from operating activities
    		-63,734,000 -61,840,000 -60,749,000 -58,657,000 -92,802,000 -65,151,000 -57,945,000 -57,474,000 -62,557,000 -57,675,000 -62,319,000 -62,916,000 -56,375,000 -51,332,000 -47,401,000 -44,607,000 -28,867,000 -32,899,000 -21,536,000 
      capex
    		-12,047,000 -5,881,000 -1,211,000 -12,615,000 -24,848,000 -17,071,000 -4,348,000 -10,537,000 -20,103,000 -28,741,000 -14,575,000 -33,477,000 -58,122,000 -17,514,000 -31,540,000 -44,782,000 -30,107,000 -26,240,000 -4,325,000 
      free cash flows
    		-75,781,000 -67,721,000 -61,960,000 -71,272,000 -117,650,000 -82,222,000 -62,293,000 -68,011,000 -82,660,000 -86,416,000 -76,894,000 -96,393,000 -114,497,000 -68,846,000 -78,941,000 -89,389,000 -58,974,000 -59,139,000 -25,861,000 
      investing activities
    		                   
      purchases of property and equipment
    		-9,858,000 -8,308,000 -5,835,000 -11,162,000 -17,926,000 -18,923,000 -14,120,000 -13,802,000 -17,976,000 -24,720,000 -28,012,000 -37,841,000 -54,079,000 -27,631,000 -39,294,000 -44,782,000 -38,741,000 -30,386,000 -13,269,000 
      proceeds from sale of property and equipment
    		                   
      proceeds from maturities of marketable securities
    		293,100,000 256,344,000 281,220,000 338,270,000 252,744,000 509,204,000 384,639,000 339,400,000 249,645,000 261,440,000 191,043,000 203,020,000 215,150,000 200,740,000 218,500,000 283,220,000 200,005,000 300,000,000 111,000,000 
      proceeds from sales of marketable securities
    		   0 0 0 1,245,000 0 0 0 1,477,000 0 0 1,992,000 13,113,000 51,765,000 50,838,000   
      purchases of marketable securities
    		-440,726,000 -170,780,000 -213,352,000 -436,181,000 -168,686,000 -424,970,000 -265,265,000 -379,566,000 -440,681,000 -190,358,000 -100,422,000 -167,304,000 -151,460,000 -66,895,000 -183,892,000 -270,772,000 -286,828,000   
      net cash from investing activities
    		-156,378,000 77,256,000 62,033,000 -109,073,000 66,132,000 65,311,000 106,499,000   46,362,000 64,086,000 -2,125,000 9,611,000 108,206,000 8,427,000 19,431,000 -74,726,000 -428,378,000 97,839,000 
      financing activities
    		                   
      proceeds from exercise of stock options and employee stock purchase plan
    		7,986,000   6,123,000 7,398,000   4,092,000 2,297,000   2,473,000 1,967,000       
      proceeds from issuance of common stock
    		267,621,000                   
      common stock issuance costs paid
    		-4,160,000                   
      principal payment for finance lease
    		-808,000 -796,000 -784,000 -761,000 -726,000 -715,000 -705,000 -683,000 -650,000           
      dissolution of joint venture
    		   0                
      net cash from financing activities
    		270,639,000 3,480,000 11,405,000 133,891,000 4,987,000 3,907,000 1,243,000 3,142,000 290,078,000 2,943,000 4,050,000 2,473,000 1,357,000 3,481,000 1,287,000 6,744,000 46,165,000 110,826,000 572,822,000 
      net increase in cash, cash equivalents and restricted cash
    		50,527,000 18,896,000 12,689,000 -33,839,000 -21,683,000 4,067,000 49,797,000 -108,300,000 18,509,000 -8,370,000 5,817,000 -62,568,000 -45,407,000 60,355,000 -37,687,000 -18,432,000 -57,428,000 -350,451,000 649,125,000 
      cash, cash equivalents and restricted cash at beginning of period
    		0 0 158,914,000 0 0 0 160,572,000 0 0 0 252,916,000 0 0 0 338,223,000 -1,000 0 1,000 115,409,000 
      cash, cash equivalents and restricted cash at end of period
    		50,527,000 18,896,000 171,603,000 -33,839,000 -21,683,000 4,067,000 210,369,000 -108,300,000 18,509,000 -8,370,000 258,733,000 -62,568,000 -45,407,000 60,355,000 300,536,000 -18,433,000 -57,428,000 -350,450,000 764,534,000 
      supplemental disclosure:
    		                   
      cash paid for interest
    		503,000 516,000 528,000 540,000 550,000 562,000 572,000 583,000 593,000   403,000 600,000   92,000 0   
      purchases of property and equipment, not yet paid
    		-2,189,000 2,427,000 4,624,000 -1,453,000 -6,922,000 1,852,000 9,772,000 3,265,000 -2,127,000 -4,021,000 13,437,000 4,364,000 -4,043,000 10,117,000 7,754,000     
      common stock issuance costs, not yet paid
    		                   
      cash and cash equivalents
    		53,375,000 18,896,000 153,555,000                 
      other assets
    		-2,848,000 0 18,048,000                 
      total cash, cash equivalents and restricted cash
    		50,527,000 18,896,000 171,603,000                 
      proceeds from exercise of stock options
    		  11,182,000    1,948,000    4,050,000    1,287,000  1,880,000 8,572,000 880,000 
      proceeds from issuance of common stock, net of issuance costs paid
    		  1,007,000     -267,000        0 0 -899,000 463,825,000 
      common stock issuance costs, accrued but not paid
    		  110,000                899,000 
      write-off of property and equipment
    		   11,814,000                
      supplemental disclosure of cash flow information
    		                   
      change in fair value of assumed common stock warrant liabilities
    		               0 -68,934,000 -130,504,000 30,764,000 
      prepaid expenses and other assets
    		       -3,548,000 -4,118,000 995,000 -862,000 -345,000 155,000       
      accounts payable, accrued liabilities and accrued compensation
    		       2,640,000 -1,527,000   -3,905,000 8,815,000    2,345,000 764,000 4,252,000 
      other long-term liabilities
    		       114,000 -248,000   200,000 0       
      proceeds from exercise of warrants
    		               0 39,113,000 3,185,000 109,133,000 
      proceeds from issuance of class a common stock pursuant to legacy quantumscape series f preferred stock purchase agreement, net of issuance costs
    		               0 0   
      business combination, net of issuance costs paid
    		                   
      fair value of assumed common stock warrants exercised
    		               0 79,521,000 9,080,000 432,424,000 
      impairment of fixed assets
    		           5,889,000        
      net cash provided (used) by investing activities
    		                   
      accrued compensation and benefits
    		          -7,554,000         
      accounts payable and accrued liabilities
    		          3,446,000    3,957,000     
      operating lease liability and other
    		          -569,000    460,000     
      change in fair value of convertible preferred stock warrant liabilities
    		                   
      change in fair value of convertible preferred stock tranche liabilities
    		                   
      proceeds from issuance of series f preferred stock, net of issuance costs
    		                   
      principal payment for finance lease, net of credit
    		           0 -610,000       
      business combination transaction costs, accrued but not paid
    		                   
      net assets assumed from business combination
    		                   
      payment of business combination share issuance costs
    		                0 0 -1,016,000 
      prepaid expenses and other current assets
    		              2,082,000 -7,271,000 1,951,000 -2,011,000 2,479,000 
      accrued compensation
    		              -1,289,000     
      amortization of right-of-use assets
    		                  371,000 
      proceeds from finance lease, net of principal payment
    		               297,000 5,172,000   
      amortization of right-of-use assets- operating lease
    		                471,000   
      amortization of right-of-use assets- finance lease
    		                848,000   
      purchases of property and equipment, accrued but not paid
    		                8,634,000 4,146,000 8,944,000 
      business combination expense, accrued but not paid
    		                   
      series f convertible preferred stock issuance cost, accrued but not paid
    		                   
      amortization of strategic premium
    		                 -151,000 -151,000 
      gain on property and equipment disposals
    		                  -104,000 
      proceeds from disposal of property and equipment
    		                  108,000 
      less: income attributable to class a ordinary shares subject to possible redemption
    		                   
      adjusted net income
    		                   
      weighted-average ordinary shares outstanding, basic and diluted
    		                   
      basic and diluted net income per ordinary share
    		                   
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.