Company: EVLVW
Filing Date: 2025-04-28
Form Type: 10-Q
Source: 0001628280-25-020353
Chunk: 176

Company: Evolv Technologies Holdings, Inc.
Filing Date: 2025-04-28
Form: 10-Q
Item: Part I, Item 1
Chunk 176
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993 (85)Other assets333 352 Prepaid expenses and other current assets(4,093)(1,973)Accounts payable216 (6,396)Deferred revenue13,559 39,357 Accrued expenses and other current liabilities1,655 278 Operating lease liability(1,046)(218)Net cash used in operating activities(34,057)(6,658)Cash flows from investing activities:Development of internal-use software(4,773)(2,202)Purchases of property and equipment(24,443)(51,646)Proceeds from sale of property and equipment— 60 Purchases of marketable securities(14,567)(58,652)Proceeds from maturities of marketable securities55,635 19,647 Net cash provided by (used in) investing activities11,852 (92,793)Cash flows from financing activities:Proceeds from exercise of stock options1,151 616 Proceeds from long-term debt— 1,876 Repayment of principal on long-term debt— (31,876)Payment of debt issuance costs and prepayment penalty— (332)Net cash provided by (used in) financing activities1,151 (29,716)Effect of exchange rate changes on cash and cash equivalents(75)1 Net decrease in cash, cash equivalents and restricted cash(21,129)(129,166)Cash, cash equivalents and restricted cashCash, cash equivalents and restricted cash at beginning of period67,437 230,058 Cash, cash equivalents and restricted cash at end of period$46,308 $100,892 Supplemental disclosure of cash flow informationCash paid for interest$— $710 Supplemental disclosure of non-cash activities

F-6

Nine Months EndedSeptember 30,20242023Transfer of property and equipment to inventory$756 $191 Capital expenditures incurred but not yet paid3,983 10,214 Capitalization of stock compensation701 340 Finback exercise price— 348 Operating lease liabilities arising from obtaining right-of-use assets14,218 — Reconciliation of cash, cash equivalents and restricted cash:Cash and cash equivalents$46,033 $99,617 Restricted cash275 1,000 Restricted cash, noncurrent— 275 Total cash, cash equivalents and restricted cash shown in the statements of cash flows$46,308 $100,