REE Automotive Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	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	54.67	72.26	41.23	56.76	275.77	44.71
Short-Term Investments	-	-	44.4	96.86	-	1.67
Cash & Short-Term Investments	54.67	72.26	85.63	153.62	275.77	46.37
Cash Growth	-9.64%	-15.61%	-44.26%	-44.30%	494.67%	67.91%
Accounts Receivable	0.05	0.01	0.46	-	-	0.06
Other Receivables	2.31	1.53	1.65	2.74	1.28	0.21
Receivables	2.37	1.55	2.11	2.74	1.28	0.26
Inventory	-	3.08	0.46	-	-	0.27
Prepaid Expenses	0.78	1.04	3.18	5.01	5.15	0.22
Restricted Cash	-	-	-	0.16	0.14	0.8
Other Current Assets	3.31	4.59	2.12	4.15	5.73	-
Total Current Assets	61.13	82.51	93.5	165.68	288.07	47.93
Property, Plant & Equipment	24	42.17	38.52	43	2.68	0.76
Long-Term Deferred Charges	-	-	-	-	-	0.33
Other Long-Term Assets	4.42	5.6	5.88	6.34	2.19	-
Total Assets	89.54	130.28	137.9	215.01	292.94	49.01
Accounts Payable	2.43	5.6	3.7	6.17	4.54	0.97
Accrued Expenses	7.72	6.21	6.59	8.61	9.51	1.86
Short-Term Debt	18	18.01	15.02	-	-	-
Current Portion of Leases	4.18	4.61	2.41	2.75	-	-
Other Current Liabilities	2.82	1.76	7.46	2.51	6.51	0.4
Total Current Liabilities	35.16	36.18	35.18	20.04	20.56	3.23
Long-Term Debt	3.84	14.76	4.81	-	-	-
Long-Term Leases	11.99	13.28	16.44	18.62	-	-
Long-Term Unearned Revenue	-	-	-	0.94	0.94	-
Long-Term Deferred Tax Liabilities	-	1.78	-	-	-	-
Other Long-Term Liabilities	2.61	41.15	3.4	-	21.03	-
Total Liabilities	53.59	107.15	59.83	39.6	42.53	3.23
Additional Paid-In Capital	1,008	971.02	914.21	897.34	864.91	154.96
Retained Earnings	-972.2	-947.89	-836.14	-721.93	-614.51	-109.18
Shareholders' Equity	35.95	23.13	78.08	175.41	250.4	45.78
Total Liabilities & Equity	89.54	130.28	137.9	215.01	292.94	49.01
Total Debt	38.02	50.65	38.68	21.37	-	-
Net Cash (Debt)	16.65	21.61	46.95	132.25	275.77	46.37
Net Cash Growth	-29.91%	-53.97%	-64.50%	-52.04%	494.67%	67.91%
Net Cash Per Share	0.67	1.36	4.65	13.52	35.11	8.92
Filing Date Shares Outstanding	28.44	28.24	10.83	8.16	7.89	181.02
Total Common Shares Outstanding	28.44	19.48	8.45	8.14	7.81	176.07
Working Capital	25.97	46.32	58.33	145.64	267.52	44.7
Book Value Per Share	1.26	1.19	9.24	21.56	32.07	0.26
Tangible Book Value	35.95	23.13	78.08	175.41	250.4	45.78
Tangible Book Value Per Share	1.26	1.19	9.24	21.56	32.07	0.26
Machinery	14.33	20.48	19.27	5.8	2.55	0.91
Construction In Progress	0.29	7.12	0.22	11.94	0.2	-
Leasehold Improvements	1.31	1.31	1.31	0.76	0.49	0.17

Updated Dec 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q