Faraday Future Intelligent Electric Inc. financial data

Symbol
FFIE, FFIEW on Nasdaq
Industry
Motor Vehicles & Passenger Car Bodies
Location
654 Madison Avenue, Suite 1009, New York, New York
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Property Solutions Acquisition Corp. (to 7/21/2021)
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 38 % -20.6%
Quick Ratio 13.1 %
Debt-to-equity 146 % +25.4%
Return On Equity -152 % +32.8%
Return On Assets -61.7 % +40.9%
Operating Margin -21.2K %

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 298M USD +23.9%
Weighted Average Number of Shares Outstanding, Basic 658M shares +104%
Weighted Average Number of Shares Outstanding, Diluted 989M shares +207%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.08M USD
Research and Development Expense 58.9M USD -65.6%
Selling and Marketing Expense 14.3M USD -35.1%
General and Administrative Expense 70.4M USD -26.1%
Operating Income (Loss) -228M USD +24.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -319M USD +44.8%
Income Tax Expense (Benefit) 85K USD +6.25%
Net Income (Loss) Attributable to Parent -319M USD +44.8%
Earnings Per Share, Basic 0.01 USD/shares
Earnings Per Share, Diluted -0.07 USD/shares +85.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 793K USD -95.6%
Accounts Receivable, after Allowance for Credit Loss, Current 0 USD
Inventory, Net 28.7M USD +179%
Other Assets, Current 12.8M USD -12.1%
Assets, Current 70.1M USD -33.6%
Property, Plant and Equipment, Net 377M USD -11.3%
Operating Lease, Right-of-Use Asset 6.85M USD -62.1%
Other Assets, Noncurrent 3.92M USD -38%
Assets 458M USD -19.3%
Accounts Payable, Current 91.2M USD -1.68%
Employee-related Liabilities, Current 25.2M USD +4.2%
Accrued Liabilities, Current 63.8M USD +14.2%
Contract with Customer, Liability, Current 3.61M USD -14.6%
Liabilities, Current 268M USD +42.9%
Operating Lease, Liability, Noncurrent 12.8M USD -23%
Other Liabilities, Noncurrent 1.4M USD -86%
Liabilities 309M USD +6.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax 6.73M USD -25.9%
Retained Earnings (Accumulated Deficit) -4.12B USD -8.4%
Stockholders' Equity Attributable to Parent 149M USD -46.5%
Liabilities and Equity 458M USD -19.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -14.7M USD +85.7%
Net Cash Provided by (Used in) Financing Activities 12M USD -91.1%
Net Cash Provided by (Used in) Investing Activities -16.9M USD +62%
Common Stock, Shares Authorized 463M shares +2570%
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -2.72M USD -118%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.38M USD -92.9%
Interest Paid, Excluding Capitalized Interest, Operating Activities 465K USD +43.5%
Deferred Tax Assets, Valuation Allowance 426M USD +17.7%
Deferred Tax Assets, Gross 464M USD +21.7%
Operating Lease, Liability 15.7M USD
Depreciation 64.1M USD +308%
Payments to Acquire Property, Plant, and Equipment 99K USD -99.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -321M USD +43.2%
Lessee, Operating Lease, Liability, to be Paid 24.2M USD
Property, Plant and Equipment, Gross 462M USD
Operating Lease, Liability, Current 2.89M USD +6.01%
Lessee, Operating Lease, Liability, to be Paid, Year Two 4.76M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 4.74M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.15 pure
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 8.46M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.66M USD
Deferred Tax Assets, Operating Loss Carryforwards 354M USD +3.19%
Preferred Stock, Shares Issued 1 shares
Preferred Stock, Shares Authorized 10M shares
Unrecognized Tax Benefits 13M USD +47.3%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.81M USD
Operating Lease, Payments 1.32M USD +58.8%
Additional Paid in Capital 4.26B USD +4.73%
Preferred Stock, Shares Outstanding 1 shares
Depreciation, Depletion and Amortization 17.7M USD +1507%
Deferred Tax Assets, Net of Valuation Allowance 38M USD +95.1%
Share-based Payment Arrangement, Expense 542M USD +2550%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares