Electriq Power Holdings, Inc. financial data

Symbol
ELIQ, ELIQ-WT on NYSE
Industry
Miscellaneous Electrical Machinery, Equipment & Supplies
Location
625 North Flagler Drive, Suite 1003, West Palm Beach, Florida
State of incorporation
Delaware
Fiscal year end
December 31
Former names
TLG Acquisition One Corp. (to 7/26/2023)
Latest financial report
Q3 2023 - Jan 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 35.4 % +168%
Debt-to-equity -82.7 % -40.9%
Return On Equity -65.9 % -161%
Return On Assets 70.9 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 41.8M shares
Common Stock, Shares, Outstanding 38M shares
Weighted Average Number of Shares Outstanding, Basic 26.9M shares +1589%
Weighted Average Number of Shares Outstanding, Diluted 26.9M shares +1589%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 834K USD -86.1%
Research and Development Expense 1.01M USD +12.3%
Selling and Marketing Expense 1.31M USD +43.9%
General and Administrative Expense 9.43M USD +149%
Operating Income (Loss) -10.6M USD -95.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -7.38M USD -705%
Income Tax Expense (Benefit) 1.5M USD +2498%
Net Income (Loss) Attributable to Parent 41.4M USD -96.3%
Earnings Per Share, Basic -0.74 USD/shares +88.9%
Earnings Per Share, Diluted -0.74 USD/shares +88.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 372K USD
Inventory, Net 20.9M USD
Assets, Current 30.4M USD +4537%
Property, Plant and Equipment, Net 1.73M USD
Operating Lease, Right-of-Use Asset 3.35M USD
Assets 35.6M USD -91.2%
Accounts Payable, Current 8.2M USD +4802%
Employee-related Liabilities, Current 2.23M USD
Accrued Liabilities, Current 2.29M USD -17.2%
Contract with Customer, Liability, Current 326K USD
Liabilities, Current 48.4M USD +679%
Contract with Customer, Liability, Noncurrent 341K USD
Operating Lease, Liability, Noncurrent 2.26M USD
Other Liabilities, Noncurrent 2.61M USD
Liabilities 75.5M USD +256%
Accumulated Other Comprehensive Income (Loss), Net of Tax -282 USD
Retained Earnings (Accumulated Deficit) -118M USD -494%
Stockholders' Equity Attributable to Parent -79.5M USD -41.5%
Liabilities and Equity 35.6M USD -91.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Common Stock, Shares Authorized 500M shares
Common Stock, Shares, Issued 38M shares
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 8.1M USD +94.8%
Operating Lease, Liability 2.98M USD
Lessee, Operating Lease, Liability, to be Paid 4M USD +400%
Property, Plant and Equipment, Gross 2.09M USD
Operating Lease, Liability, Current 718K USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.29M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 1.25M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.03M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 772K USD
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 30M shares +2900%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 420K USD
Preferred Stock, Shares Outstanding 2.59M shares
Depreciation, Depletion and Amortization 42.5K USD +35%
Deferred Tax Assets, Net of Valuation Allowance 297K USD -82.5%
Share-based Payment Arrangement, Expense 286K USD -0.6%
Interest Expense 1.29M USD +40.7%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%