Company: EVLVW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001805385-25-000009
Chunk: 190

Company: Evolv Technologies Holdings, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 190
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 Total comprehensive income (loss)$3,470 $(44)$3,426 $(8,171)$328 $(7,843)

F-11

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

(a) Category references are described in Note 2. Restatement of Financial Statements. 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:Three months ended:Cost of product revenue: ADJ 1 = $12, ADJ 3 = ($270), ADJ 4 = ($52)Cost of subscription revenue: ADJ 1 = ($60), ADJ 2 = ($2), ADJ 3 = ($64), ADJ 4 = ($1)Cost of service revenue: ADJ 1 = $1, ADJ 2 = ($2), ADJ 4 = $11Research and development: ADJ 2 = $70, ADJ 4 =  $58Sales and marketing: ADJ 1 = ($16), ADJ 4 = $135Six months ended:Cost of product revenue: ADJ 1 = $397, ADJ 3 = ($314), ADJ 4 = ($56)Cost of subscription revenue: ADJ 1 = ($116), ADJ 2 = ($3), ADJ 3 = ($235), ADJ 4 = $33Cost of service revenue: ADJ 2 = ($2), ADJ 4 = ($1)Research and development: ADJ 2 = $319Sales and marketing: ADJ 1 = ($27)Restated Condensed Consolidated Statement of Cash Flows(In thousands)Six Months Ended June 30, 2024As ReportedAdjustmentAs RestatedCash flows from operating activities:Net loss$(8,182)$328 $(7,854)Adjustments to reconcile net loss to net cash used in operating activities:Depreciation and amortization7,442 (84)7,358 Write-off of inventory and change in inventory reserve1,725 — 1,725 Stock-based compensation13,834 23 13,857 Amortization (accretion) of premium (discount) on marketable securities, net of change in accrued interest181 — 181 Non-cash lease expense728