Xos, Inc. 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	Sep '25 Sep 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	14.07	11	11.64	35.63	16.14	10.36
Short-Term Investments	-	-	-	50.65	97.48	-
Cash & Short-Term Investments	14.07	11	11.64	86.28	113.62	10.36
Cash Growth	66.82%	-5.53%	-86.51%	-24.06%	996.83%	54421.05%
Receivables	16.4	29.23	17.46	8.53	3.35	0.41
Inventory	26.28	37.29	39.59	59.91	38.19	1.88
Prepaid Expenses	5.17	4.13	2.6	3.59	5.92	0.05
Restricted Cash	-	-	-	3.04	3.03	-
Other Current Assets	0.61	0.65	0.41	1.85	1.85	-
Total Current Assets	62.53	82.3	71.7	163.2	165.96	12.69
Property, Plant & Equipment	6.33	9.3	19.65	25.14	7.43	1.08
Long-Term Investments	-	-	-	-	54.82	-
Long-Term Accounts Receivable	0.24	0.55	0.11	-	-	-
Other Long-Term Assets	4.72	6.18	2.23	1.6	0.51	-
Total Assets	73.81	98.33	93.68	189.94	228.71	13.77
Accounts Payable	4.86	8.93	2.76	2.9	10.12	1.17
Accrued Expenses	7.49	9.75	7.44	7.59	4.3	4.29
Short-Term Debt	1.64	21.25	1	2.07	-	-
Current Portion of Long-Term Debt	6.03	0.38	0.35	27.15	0.48	18.53
Current Portion of Leases	3.46	4.08	3.67	3.65	-	-
Current Unearned Revenue	0.1	0.26	0.69	0.19	-	-
Other Current Liabilities	2.38	2.02	3.67	2.23	1.08	8.95
Total Current Liabilities	25.96	46.67	19.57	45.77	15.98	32.94
Long-Term Debt	14	0.22	20.51	20.81	1.59	0.17
Long-Term Leases	0.84	17.07	4.98	9.27	-	-
Other Long-Term Liabilities	1.95	0.76	3.42	2.01	36.74	-
Total Liabilities	42.75	64.72	48.49	77.86	54.31	33.11
Common Stock	0	0	0	0	0.02	0.01
Additional Paid-In Capital	250.05	237.03	198.46	190.23	178.85	0.29
Retained Earnings	-218.99	-203.42	-153.26	-77.42	-4.09	-27.49
Comprehensive Income & Other	-	-	-	-0.74	-0.38	-
Total Common Equity	31.06	33.61	45.2	112.08	174.39	-27.2
Shareholders' Equity	31.06	33.61	45.2	112.08	174.39	-19.34
Total Liabilities & Equity	73.81	98.33	93.68	189.94	228.71	13.77
Total Debt	25.96	43.01	30.52	62.95	2.08	18.7
Net Cash (Debt)	-11.9	-32.01	-18.88	23.33	166.36	-8.34
Net Cash Growth	-	-	-	-85.98%	-	-
Net Cash Per Share	-1.40	-4.27	-3.26	4.01	46.30	-3.47
Filing Date Shares Outstanding	11.33	8.1	7.75	5.63	5.44	36.94
Total Common Shares Outstanding	11.29	8.05	5.94	5.63	5.44	36.94
Working Capital	36.57	35.63	52.12	117.44	149.98	-20.25
Book Value Per Share	2.75	4.18	7.61	19.92	32.07	-0.74
Tangible Book Value	31.06	33.61	45.2	112.08	174.39	-27.2
Tangible Book Value Per Share	2.75	4.18	7.61	19.92	32.07	-0.74
Machinery	11.69	11.82	13	12.02	4.07	1.73
Construction In Progress	-	-	0.29	0.35	0.83	-
Leasehold Improvements	1.4	1.4	1.4	1.4	0.63	0.03

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

SEC Filings: 10-K · 10-Q