Company: EVLVW
Filing Date: 2025-04-28
Form Type: 10-K
Source: 0001628280-25-020355
Chunk: 191

Company: Evolv Technologies Holdings, Inc.
Filing Date: 2025-04-28
Form: 10-K
Item: Item 8
Chunk 191
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529 (3,138)1,872 Change in fair value of public warrant liability6,592 (4,765)4,906 Total other income (expense), net28,290 (17,941)16,155 Loss before income taxes(54,017)(107,997)(86,795)Provision for income taxes— (51)— Net loss$(54,017)$(108,048)$(86,795)Weighted average common shares outstanding – basic and diluted156,573,886 149,168,105 143,858,668 Net loss per share - basic and diluted$(0.34)$(0.72)$(0.60)Net loss$(54,017)$(108,048)$(86,795)Other comprehensive income (loss)Cumulative translation adjustment21 (43)(10)Total other comprehensive income (loss)21 (43)(10)Total comprehensive loss$(53,996)$(108,091)$(86,805)

*Includes related party revenue of $6.1 million, $11.3 million, and $13.5 million for the years ended December 31, 2024, 2023, and 2022, respectively.

The accompanying notes are an integral part of these consolidated financial statements.

118

EVOLV TECHNOLOGIES HOLDINGS, INC.

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY

(In thousands, except share amounts)

Common StockAdditionalPaid-inCapitalAccumulated Other Comprehensive Income (Loss)AccumulatedDeficitTotalStockholders’EquitySharesAmountBalances at December 31, 2021142,745,021 $14 $396,064 $— $(105,804)$290,274 Issuance of common stock upon exercise of stock options1,894,179 1 827 — — 828 Issuance of common stock upon vesting of restricted stock units565,774 — — — — — Stock-based compensation cost (restated)— — 22,321 — — 22,321 Cumulative translation adjustment— — — (10)— (10)Net loss (restated)— — — — (86,795)(86,795)Balances at December 31, 2022 (restated)145,204,974