Solid Power Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019
Revenue	17.41	11.79	2.71	2.1	2.28
Revenue Growth (YoY)	47.68%	334.70%	28.96%	-7.59%	-
Cost of Revenue	27.73	9.59	3.07	1.67	1.82
Gross Profit	-10.32	2.2	-0.36	0.43	0.45
Selling, General & Admin	25.55	22.72	9.08	2.43	2.46
Research & Development	54.75	38.59	17.1	9.59	7.24
Operating Expenses	80.3	61.32	26.19	12.03	9.7
Operating Income	-90.62	-59.12	-26.55	-11.59	-9.25
Interest Expense / Income	0.08	0.04	0.39	0.36	0.06
Other Expense / Income	-25.16	-49.38	-45.01	2.3	-0.23
Pretax Income	-65.55	-9.78	18.07	-14.26	-9.07
Income Tax	0	-0.23	-0.03	0.12	0.13
Net Income	-65.55	-9.56	18.09	-14.38	-9.21
Preferred Dividends	0	0	5.44	0	3.08
Net Income Common	-65.55	-9.56	12.66	-14.38	-12.28
Shares Outstanding (Basic)	178	174	95	69	7
Shares Outstanding (Diluted)	178	174	115	69	7
Shares Change	2.08%	51.75%	65.99%	861.40%	-
EPS (Basic)	-0.37	-0.05	0.13	-0.21	-1.71
EPS (Diluted)	-0.37	-0.05	0.11	-0.21	-1.71
Free Cash Flow	-92.77	-92.12	-38.06	-11.02	-11.67
Free Cash Flow Per Share	-0.52	-0.53	-0.40	-0.16	-1.62
Gross Margin	-59.28%	18.64%	-13.31%	20.59%	19.96%
Operating Margin	-520.51%	-501.48%	-978.83%	-551.26%	-406.31%
Profit Margin	-376.50%	-81.05%	466.67%	-683.55%	-539.81%
Free Cash Flow Margin	-532.87%	-781.41%	-1403.28%	-523.78%	-512.63%
Effective Tax Rate	-	-	-0.14%	-	-
EBITDA	-52.74	-3.82	20.82	-11.83	-7.57
EBITDA Margin	-302.90%	-32.39%	767.74%	-562.48%	-332.85%
Depreciation & Amortization	12.73	5.92	2.36	2.07	1.44
EBIT	-65.47	-9.74	18.46	-13.9	-9.01
EBIT Margin	-376.02%	-82.62%	680.72%	-660.77%	-396.10%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).