Nu Ride Inc. financial data

Symbol
RIDEQ on OTC
Industry
Motor Vehicles & Passenger Car Bodies
Location
1700 Broadway, 19 Th Floor, New York, New York
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Lordstown Motors Corp. (to 3/7/2024), DiamondPeak Holdings Corp. (to 10/23/2020)
Latest financial report
Q1 2024 - May 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 647 % +80.7%
Quick Ratio 12.8 %
Debt-to-equity 389 % +1951%
Return On Equity -1.13K % -1044%
Return On Assets -163 % -103%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 16M shares -93.3%
Common Stock, Shares, Outstanding 16.1M shares -93.3%
Entity Public Float 34M USD -89.5%
Common Stock, Value, Issued 24K USD 0%
Weighted Average Number of Shares Outstanding, Basic 16M shares +0.39%
Weighted Average Number of Shares Outstanding, Diluted 16M shares +0.39%

Income Statement

Label TTM Value / Value Unit Change %
Research and Development Expense 33.3M USD -69.1%
Selling and Marketing Expense 155M USD +36.7%
Operating Income (Loss) -184M USD +61.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -180M USD +50.7%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -180M USD +50.7%
Earnings Per Share, Basic -11.5 USD/shares +62.3%
Earnings Per Share, Diluted -11.5 USD/shares +62.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 19.7M USD -81.8%
Cash, Cash Equivalents, and Short-term Investments 19.7M USD -88.9%
Inventory, Net 6.34M USD
Other Assets, Current 1.34M USD
Assets, Current 79.1M USD -58.8%
Property, Plant and Equipment, Net 78.1M USD -80.8%
Other Assets, Noncurrent 30K USD -98.9%
Assets 79.1M USD -70.9%
Accounts Payable, Current 2.47M USD -70.7%
Liabilities, Current 11.1M USD -81.1%
Liabilities 38M USD -36.4%
Retained Earnings (Accumulated Deficit) -1.18B USD -18%
Stockholders' Equity Attributable to Parent 7.71M USD -95.8%
Liabilities and Equity 79.1M USD -70.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -9.56M USD +74.9%
Net Cash Provided by (Used in) Financing Activities 206M USD -28.4%
Net Cash Provided by (Used in) Investing Activities 103M USD
Common Stock, Shares Authorized 450M shares 0%
Common Stock, Shares, Issued 16.1M shares -93.3%
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 -9.66M USD +27.2%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 77.4M USD -28.4%
Deferred Tax Assets, Valuation Allowance 276M USD +53.8%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 276M USD +53.8%
Depreciation 7.4M USD
Payments to Acquire Property, Plant, and Equipment 10.2M USD -81.4%
Property, Plant and Equipment, Gross 229M USD +4.13%
Deferred Tax Assets, Operating Loss Carryforwards 233M USD +71.8%
Preferred Stock, Shares Issued 300K shares
Preferred Stock, Shares Authorized 12M shares 0%
Additional Paid in Capital 1.19B USD +0.48%
Preferred Stock, Shares Outstanding 300K shares
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Share-based Payment Arrangement, Expense 7.4M USD -60.6%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%