EOS ENERGY ENTERPRISES INC C/WTS 17/11/2025(TO PUR COM) | 10-Q: FY2025 Q1 Revenue: USD 10.46 M

Revenue: As of FY2025 Q1, the actual value is USD 10.46 M.

EPS: As of FY2025 Q1, the actual value is USD -0.2.

Segment Revenue

• Product Revenue: $9,927 thousand for the three months ended March 31, 2025, compared to $6,501 thousand for the same period in 2024, representing a 52.6% increase.
• Service Revenue: $530 thousand for the three months ended March 31, 2025, compared to $100 thousand for the same period in 2024, representing a 430% increase.

Operational Metrics

• Net Income: $15,136 thousand for the three months ended March 31, 2025, compared to a net loss of $46,708 thousand for the same period in 2024.
• Gross Profit (Loss): - $24,539 thousand for the three months ended March 31, 2025, compared to - $21,628 thousand for the same period in 2024.
• Operating Income (Loss): - $52,932 thousand for the three months ended March 31, 2025, compared to - $41,135 thousand for the same period in 2024.

Cash Flow

• Net Cash Used in Operating Activities: - $28,924 thousand for the three months ended March 31, 2025, compared to - $40,474 thousand for the same period in 2024.
• Net Cash Used in Investing Activities: - $4,918 thousand for the three months ended March 31, 2025, compared to - $4,042 thousand for the same period in 2024.
• Net Cash Provided by Financing Activities: $42,162 thousand for the three months ended March 31, 2025, compared to $6,111 thousand for the same period in 2024.

Unique Metrics

• Change in Fair Value of Warrants: $45,925 thousand gain for the three months ended March 31, 2025, compared to $2,900 thousand gain for the same period in 2024.
• Change in Fair Value of Derivatives - Related Parties: $34,586 thousand gain for the three months ended March 31, 2025, compared to $534 thousand gain for the same period in 2024.

Future Outlook and Strategy

• Core Business Focus: The company continues to invest in the design, development, and production of its next-generation product, the Eos Z3 battery, which is engineered to reduce costs and weight while enhancing manufacturability and overall system performance.
• Non-Core Business: The company plans to collaborate with a consortium of community leaders, universities, and supply chain partners to pursue funding opportunities under the Bipartisan Infrastructure Law of 2021.
• Priority: The company aims to increase its manufacturing capacity to 8 GWh by 2027 to meet the growing demand for longer duration battery energy storage systems.