Xos, Inc. financial data

Symbol
XOS, XOSWW on Nasdaq
Industry
Motor Vehicle Parts & Accessories
Location
3550 Tyburn Street, Los Angeles, California
State of incorporation
Delaware
Fiscal year end
December 31
Former names
NextGen Acquisition Corp (to 8/19/2021)
Latest financial report
Q1 2024 - May 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 373 % -23.6%
Quick Ratio 173 % -1.91%
Debt-to-equity 99 % +61%
Return On Equity -104 % -68.6%
Return On Assets -52.4 % -36.9%
Operating Margin -104 % +66.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 7.75M shares -95.4%
Common Stock, Shares, Outstanding 7.75M shares -95.4%
Entity Public Float 14.5M USD -86.9%
Common Stock, Value, Issued 1K USD -94.1%
Weighted Average Number of Shares Outstanding, Basic 6.11M shares +8.53%
Weighted Average Number of Shares Outstanding, Diluted 6.11M shares +8.53%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 53M USD +55.7%
Revenue from Contract with Customer, Excluding Assessed Tax 12.6M USD +185%
Cost of Revenue 50.6M USD -14.1%
Research and Development Expense 16.9M USD -42.6%
Selling and Marketing Expense 5.58M USD -40.1%
General and Administrative Expense 35.1M USD -15.3%
Operating Income (Loss) -55.2M USD +47.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -62.5M USD +15.1%
Income Tax Expense (Benefit) 24K USD +200%
Net Income (Loss) Attributable to Parent -62.5M USD +15.1%
Earnings Per Share, Basic -10.6 USD/shares +39.4%
Earnings Per Share, Diluted -10.6 USD/shares +39.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 46.2M USD +26.5%
Accounts Receivable, after Allowance for Credit Loss, Current 20.3M USD +192%
Inventory, Net 36.6M USD -35.8%
Assets, Current 113M USD -17.3%
Operating Lease, Right-of-Use Asset 4.59M USD -25.7%
Other Assets, Noncurrent 3.95M USD +117%
Assets 135M USD -16.8%
Accounts Payable, Current 2.27M USD -35.7%
Accrued Liabilities, Current 10.4M USD +44.2%
Contract with Customer, Liability, Current 332K USD -56.5%
Liabilities, Current 22.3M USD -45.4%
Operating Lease, Liability, Noncurrent 19.1M USD +301%
Other Liabilities, Noncurrent 24.3M USD +132%
Liabilities 67.2M USD -7.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax 0 USD
Retained Earnings (Accumulated Deficit) -164M USD -61.4%
Stockholders' Equity Attributable to Parent 67.8M USD -24.5%
Liabilities and Equity 135M USD -16.8%

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 7.75M shares -95.4%
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 47.3M USD +29.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD -100%
Deferred Tax Assets, Valuation Allowance 75.3M USD +38%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 77.4M USD +31.9%
Operating Lease, Liability 5.18M USD -22.8%
Depreciation 3.21M USD +14.8%
Payments to Acquire Property, Plant, and Equipment 30K USD -88.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -62.2M USD +14.5%
Lessee, Operating Lease, Liability, to be Paid 5.62M USD -24.9%
Operating Lease, Liability, Current 2.86M USD +83.8%
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%
Deferred Income Tax Expense (Benefit) 0 USD
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
Deferred Federal Income Tax Expense (Benefit) 0 USD
Current Income Tax Expense (Benefit) 21K USD +163%
Preferred Stock, Shares Authorized 10M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 116K USD -92.9%
Operating Lease, Payments 1.86M USD +7.27%
Additional Paid in Capital 232M USD +21%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 21K USD +163%
Current Federal Tax Expense (Benefit) 0 USD
Deferred Tax Assets, Net of Valuation Allowance 2.12M USD -48.7%
Share-based Payment Arrangement, Expense 7.9M USD +35.2%
Deferred State and Local Income Tax Expense (Benefit) 0 USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%