Aptera Motors Corp SEV
Motors Corp. was formed on March 4, 2019 under the laws of the state of Delaware, and is headquartered in Carlsbad, California. Our principal
business is the development, production, and distribution of energy efficient solar-powered, battery-electric vehicles. Our mission is
to create the most efficient transportation on the planet, where every journey is powered by the sun.
have designed the Aptera vehicle to provide up to an estimated 40 miles per day by collecting energy from the sun and storing it in our
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| R&D | $21.3M | $17.0M | — |
| SG&A | $26.8M | $20.1M | — |
| Total operating expenses | $48.1M | $37.1M | — |
| Operating income | -$48.1M | -$37.1M | — |
| Net income | -$43.9M | -$34.9M | — |
| EPS, basic | -1.79 | -1.52 | — |
| EPS, diluted | -1.79 | -1.52 | — |
| Shares, diluted (wtd. avg.) | 24.5M | 23.0M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Cash and equivalents | $9.6M | $13.2M | $17.0M |
| Total current assets | $10.1M | $14.4M | — |
| Property, plant and equipment | $17.8M | $16.9M | — |
| Total assets | $30.2M | $34.9M | — |
| Accounts payable | $1.7M | $277.0K | — |
| Total current liabilities | $9.5M | $6.6M | — |
| Total liabilities | $9.8M | $8.0M | — |
| Retained earnings | -$321.3M | -$277.4M | — |
| Total equity | $20.4M | $26.9M | $24.7M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Operating cash flow | -$15.3M | -$22.5M | — |
| Stock-based compensation | $24.7M | $14.8M | — |
| Capital expenditure | $1.4M | $3.6M | — |
| Investing cash flow | -$1.4M | -$3.6M | — |
| Financing cash flow | $13.1M | $22.3M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001493152-26-013581.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Revenue | — | — | — |
| Gross profit | — | — | — |
| Net income | — | -$34.9M | -$43.9M |
Recent filings and events
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Item 7.01
- Material agreement signed Item 1.01
- Unregistered share sale Item 3.02
- Regulation FD disclosure Item 7.01
- Regulation FD disclosure Item 7.01
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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