Xos, Inc. financial data

Symbol
XOS, XOSWW on Nasdaq
Industry
Motor Vehicle Parts & Accessories
Location
3550 Tyburn Street, Los Angeles, CA
State of incorporation
DE
Fiscal year end
December 31
Former names
NextGen Acquisition Corp (to 8/19/2021)
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 422 % -0.73%
Quick Ratio 185 % +12.7%
Debt-to-equity 103 % +34.7%
Return On Equity -84.6 % +3.58%
Return On Assets -41.7 % +16.2%
Operating Margin -72.2 % +78.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 8M shares -95.5%
Common Stock, Shares, Outstanding 7.89M shares -95.5%
Entity Public Float 14.5M USD -86.9%
Common Stock, Value, Issued 1K USD -94.1%
Weighted Average Number of Shares Outstanding, Basic 7.86M shares +38%
Weighted Average Number of Shares Outstanding, Diluted 7.86M shares +38%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 63.8M USD +120%
Revenue from Contract with Customer, Excluding Assessed Tax 12.6M USD +185%
Cost of Revenue 55.6M USD +6.27%
Research and Development Expense 14.7M USD -45.5%
Selling and Marketing Expense 5.05M USD -37.9%
General and Administrative Expense 34.4M USD -12%
Operating Income (Loss) -46.1M USD +52.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -48.6M USD +44.5%
Income Tax Expense (Benefit) 26K USD +189%
Net Income (Loss) Attributable to Parent -48.6M USD +44.5%
Earnings Per Share, Basic -7.68 USD/shares +64.4%
Earnings Per Share, Diluted -7.68 USD/shares +64.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 19.7M USD -29.3%
Accounts Receivable, after Allowance for Credit Loss, Current 29.7M USD +382%
Inventory, Net 41.4M USD -25.5%
Assets, Current 100M USD -9.61%
Operating Lease, Right-of-Use Asset 4.18M USD -27.8%
Other Assets, Noncurrent 6.15M USD +284%
Assets 123M USD -8.23%
Accounts Payable, Current 3.1M USD +33.3%
Accrued Liabilities, Current 7.84M USD +5.45%
Contract with Customer, Liability, Current 279K USD -72.4%
Liabilities, Current 20.1M USD -41.9%
Operating Lease, Liability, Noncurrent 18.3M USD +321%
Other Liabilities, Noncurrent 23.8M USD +140%
Liabilities 64.2M USD -1.57%
Accumulated Other Comprehensive Income (Loss), Net of Tax 0 USD
Retained Earnings (Accumulated Deficit) -174M USD -38.8%
Stockholders' Equity Attributable to Parent 59.2M USD -14.5%
Liabilities and Equity 123M USD -8.23%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -14.6M USD +4.81%
Net Cash Provided by (Used in) Financing Activities -1.09M USD +88.7%
Net Cash Provided by (Used in) Investing Activities 51.3M USD +125%
Common Stock, Shares Authorized 1B shares 0%
Common Stock, Shares, Issued 7.89M shares -95.5%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 35.6M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 20.7M USD -25.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD -100%
Deferred Tax Assets, Valuation Allowance 75.3M USD +38%
Deferred Tax Assets, Gross 77.4M USD +31.9%
Operating Lease, Liability 5.18M USD -22.8%
Depreciation 3.71M USD +28%
Payments to Acquire Property, Plant, and Equipment 30K USD -88.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -48.5M USD +43.7%
Lessee, Operating Lease, Liability, to be Paid 5.62M USD -24.9%
Operating Lease, Liability, Current 2.94M USD +84.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.96M USD +2.88%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.91M USD +2.47%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 441K USD -42.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.63M USD -16.9%
Deferred Tax Assets, Operating Loss Carryforwards 55.8M USD +42.8%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 116K USD -92.9%
Operating Lease, Payments 408K USD
Additional Paid in Capital 233M USD +19.8%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 2.12M USD -48.7%
Share-based Payment Arrangement, Expense 7.48M USD +9.69%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%