Nikola Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	104.3	464.72	225.85	497.24	840.91
Short-Term Investments	2.79	1.64	3.92	5.62	-
Cash & Short-Term Investments	107.1	466.36	229.77	502.86	840.91
Cash Growth	-77.04%	102.97%	-54.31%	-40.20%	881.37%
Accounts Receivable	33.38	17.97	31.64	-	-
Other Receivables	29.28	9.23	11.55	2.72	-
Receivables	62.66	27.2	43.19	2.72	-
Inventory	76.42	67.43	112.29	11.6	-
Prepaid Expenses	9.19	9.53	8.94	5.12	4.86
Restricted Cash	4.28	1.22	10.6	-	4.37
Other Current Assets	5.41	0.68	32.14	2.44	46.78
Total Current Assets	265.06	572.41	436.93	524.73	896.92
Property, Plant & Equipment	242.18	509.77	425.72	247.06	71.4
Long-Term Investments	55.43	57.06	62.82	61.78	8.42
Goodwill	-	5.24	6.69	5.24	5.24
Other Intangible Assets	1.36	85.86	92.47	97.18	50.05
Other Long-Term Assets	32.14	44.51	212.03	53.84	21.69
Total Assets	596.18	1,275	1,237	989.82	1,054
Accounts Payable	64.02	52.78	111.41	95.24	29.36
Accrued Expenses	12.98	13.7	22.23	16.88	15.21
Short-Term Debt	1.87	1.85	52	-	-
Current Portion of Long-Term Debt	0.95	0.79	9.31	-	4.1
Current Portion of Leases	10.08	8.18	2.35	0.14	1.07
Other Current Liabilities	155.52	182.82	186.3	68.35	2.53
Total Current Liabilities	245.4	260.11	383.59	180.61	52.27
Long-Term Debt	157.83	242.88	289.31	24.64	-
Long-Term Leases	43.23	31.16	6.91	2.67	13.96
Long-Term Deferred Tax Liabilities	-	-	0.02	0.01	0.01
Other Long-Term Liabilities	42.3	21.53	30.36	88.32	7.34
Total Liabilities	488.76	555.68	710.18	296.25	73.57
Common Stock	0.01	0	0.05	0.04	0.04
Additional Paid-In Capital	4,137	3,790	2,563	1,944	1,540
Retained Earnings	-4,029	-3,071	-2,035	-1,251	-560.17
Comprehensive Income & Other	0.12	-0.16	-1.58	-0.2	0.24
Total Common Equity	107.42	719.17	526.48	693.57	980.14
Shareholders' Equity	107.42	719.17	526.48	693.57	980.14
Total Liabilities & Equity	596.18	1,275	1,237	989.82	1,054
Total Debt	213.95	284.86	359.87	27.45	19.13
Net Cash (Debt)	-106.85	181.5	-130.11	475.41	821.79
Net Cash Growth	-	-	-	-42.15%	915.45%
Net Cash Per Share	-1.96	6.81	-8.83	35.76	73.41
Filing Date Shares Outstanding	119.43	44.52	18.48	13.79	13.13
Total Common Shares Outstanding	115.64	44.34	17.1	13.78	13.03
Working Capital	19.66	312.31	53.34	344.12	844.64
Book Value Per Share	0.93	16.22	30.79	50.34	75.19
Tangible Book Value	106.06	628.08	427.32	591.15	924.85
Tangible Book Value Per Share	0.92	14.17	24.99	42.91	70.95
Land	0.35	7.96	24.76	3.96	-
Buildings	62.86	239.92	127.8	100.39	-
Machinery	146.11	107.83	69.66	38.92	16.3
Construction In Progress	66.09	135.99	209.19	103.52	21.22
Leasehold Improvements	4.03	3.1	2.95	2.88	1.49

Source: S&P Global Market Intelligence. Standard template. Financial Sources.