Company: EVLVW
Filing Date: 2025-04-28
Form Type: 10-Q
Source: 0001628280-25-020353
Chunk: 185

Company: Evolv Technologies Holdings, Inc.
Filing Date: 2025-04-28
Form: 10-Q
Item: Part I, Item 1
Chunk 185
---
— 1,202 Total assets$298,720 $(1,591)$297,129 Liabilities and Stockholders’ EquityCurrent liabilities:Accounts payable$17,400 $— $17,400 Accrued expenses and other current liabilitiesADJ 215,578 125 15,703 Current portion of deferred revenueADJ 1, ADJ 347,677 (869)46,808 Current portion of operating lease liabilities1,391 — 1,391 Total current liabilities82,046 (744)81,302 Deferred revenue, noncurrentADJ 323,813 1,336 25,149 Contingent earn-out liability29,119 — 29,119 Contingently issuable common stock liability6,530 — 6,530 Public warrant liability10,889 — 10,889 Total liabilities152,397 592 152,989 Commitments and contingencies (Note 16)Stockholders’ equity:Common stock15 — 15 Additional paid-in capital444,825 — 444,825 Accumulated other comprehensive loss(53)— (53)Accumulated deficit(298,464)(2,183)(300,647)Stockholders’ equity146,323 (2,183)144,140 Total liabilities and stockholders’ equity$298,720 $(1,591)$297,129 

F-14

Table of ContentsEVOLV TECHNOLOGIES HOLDINGS, INC.NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Unaudited)

(a) Category references are described above. Where adjustments relate to multiple categories, the adjustment amounts of each category are noted below and sum to the total adjustment reflected in the table above:Accounts receivable, net: ADJ 1 = ($1,974), ADJ 3 = $910Current portion of contract assets: ADJ 1 = ($1,154), ADJ 3 = ($1,156)Contract assets, noncurrent: ADJ 1 = ($126), ADJ 3 = $639Property and equipment, net: ADJ 1 = $212, ADJ 2 = $28Current portion of deferred revenue: ADJ 1 = $73, ADJ 3 = ($942)For the Three and Nine Months Ended September 30, 2023Restated Condensed Consolid