Company: EVLVW
Filing Date: 2025-04-28
Form Type: 10-K
Source: 0001628280-25-020355
Chunk: 179

Company: Evolv Technologies Holdings, Inc.
Filing Date: 2025-04-28
Form: 10-K
Item: Item 8
Chunk 179
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$37,015 $67,162 Restricted cash— 275 Marketable securities14,927 51,289 Accounts receivable, net of allowance for expected credit losses of $734 and $582 as of December 31, 2024 and 2023, respectively*28,392 21,547 Inventory16,963 10,344 Current portion of contract assets799 1,397 Current portion of commission asset5,429 4,387 Prepaid expenses and other current assets17,921 16,957 Total current assets121,446 173,358 Contract assets, noncurrent657 964 Commission asset, noncurrent7,567 7,249 Property and equipment, net123,661 113,161 Operating lease right-of-use assets13,993 1,195 Other assets735 1,202 Total assets$268,059 $297,129 Liabilities and Stockholders’ Equity  Current liabilities:  Accounts payable$10,492 $17,400 Accrued expenses and other current liabilities19,508 15,703 Current portion of deferred revenue64,506 46,808 Current portion of operating lease liabilities2,203 1,391 Total current liabilities96,709 81,302 Deferred revenue, noncurrent20,266 25,149 Operating lease liabilities, noncurrent12,326 — Contingent earn-out liability12,809 29,119 Contingently issuable common stock liability4,001 6,530 Public warrant liability4,297 10,889 Total liabilities150,408 152,989 Commitments and contingencies (Note 20)Stockholders’ equity:  Preferred stock, $0.0001 par value; 100,000,000 authorized at December 31, 2024 and December 31, 2023; no shares issued and outstanding at December 31, 2024 and December 31, 2023— — Common stock, $0.0001 par value; 1,100,000,000 shares authorized at December 31, 2024 and December 31, 2023, 159,602,069 and 151,310,080 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively16 15 Additional paid-in capital472,