EOS ENERGY ENTERPRISES INC C/WTS 17/11/2025(TO PUR COM) | 10-Q: FY2025 Q2 Revenue: USD 15.24 M

LB filings
2025.07.30 20:19
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Revenue: As of FY2025 Q2, the actual value is USD 15.24 M.

EPS: As of FY2025 Q2, the actual value is USD -1.05.

Segment Revenue

  • Product Revenue: $14,055,000 for the three months ended June 30, 2025, compared to $597,000 for the same period in 2024. $23,982,000 for the six months ended June 30, 2025, compared to $7,097,000 for the same period in 2024.
  • Service Revenue: $1,181,000 for the three months ended June 30, 2025, compared to $301,000 for the same period in 2024. $1,711,000 for the six months ended June 30, 2025, compared to $402,000 for the same period in 2024.

Operational Metrics

  • Net Loss: - $222,937,000 for the three months ended June 30, 2025, compared to - $28,172,000 for the same period in 2024. - $207,801,000 for the six months ended June 30, 2025, compared to - $74,880,000 for the same period in 2024.
  • Gross Profit (Loss): - $30,953,000 for the three months ended June 30, 2025, compared to - $13,223,000 for the same period in 2024. - $55,492,000 for the six months ended June 30, 2025, compared to - $34,851,000 for the same period in 2024.
  • Research and Development Expenses: $7,201,000 for the three months ended June 30, 2025, compared to $4,250,000 for the same period in 2024. $14,038,000 for the six months ended June 30, 2025, compared to $9,450,000 for the same period in 2024.
  • Selling, General and Administrative Expenses: $25,488,000 for the three months ended June 30, 2025, compared to $11,293,000 for the same period in 2024. $46,483,000 for the six months ended June 30, 2025, compared to $25,535,000 for the same period in 2024.
  • Loss from Write-Down of Property, Plant and Equipment: $205,000 for the three months ended June 30, 2025, compared to $271,000 for the same period in 2024. $766,000 for the six months ended June 30, 2025, compared to $336,000 for the same period in 2024.
  • Interest Expense, Net: - $2,129,000 for the three months ended June 30, 2025, compared to - $3,515,000 for the same period in 2024. - $2,293,000 for the six months ended June 30, 2025, compared to - $7,782,000 for the same period in 2024.
  • Interest Expense - Related Party: - $4,510,000 for the three months ended June 30, 2025, compared to - $4,912,000 for the same period in 2024. - $10,291,000 for the six months ended June 30, 2025, compared to - $9,763,000 for the same period in 2024.
  • Change in Fair Value of Debt - Related Party: $31,615,000 for the three months ended June 30, 2025, compared to - $240,000 for the same period in 2024. $25,682,000 for the six months ended June 30, 2025, compared to - $240,000 for the same period in 2024.
  • Change in Fair Value of Warrants: - $57,936,000 for the three months ended June 30, 2025, compared to - $7,941,000 for the same period in 2024. - $12,011,000 for the six months ended June 30, 2025, compared to - $5,041,000 for the same period in 2024.
  • Change in Fair Value of Derivatives - Related Parties: - $76,455,000 for the three months ended June 30, 2025, compared to - $47,727,000 for the same period in 2024. - $41,869,000 for the six months ended June 30, 2025, compared to - $47,193,000 for the same period in 2024.
  • (Loss) Gain on Debt Extinguishment: - $49,063,000 for the three months ended June 30, 2025, compared to $68,478,000 for the same period in 2024. - $49,063,000 for the six months ended June 30, 2025, compared to $68,478,000 for the same period in 2024.
  • Other Expense: - $606,000 for the three months ended June 30, 2025, compared to - $3,270,000 for the same period in 2024. - $1,166,000 for the six months ended June 30, 2025, compared to - $3,134,000 for the same period in 2024.
  • Income Tax Expense: $6,000 for the three months ended June 30, 2025, compared to $8,000 for the same period in 2024. $11,000 for the six months ended June 30, 2025, compared to $33,000 for the same period in 2024.

Cash Flow

  • Net Cash Used in Operating Activities: - $95,046,000 for the six months ended June 30, 2025, compared to - $66,807,000 for the same period in 2024.
  • Net Cash Used in Investing Activities: - $11,959,000 for the six months ended June 30, 2025, compared to - $10,299,000 for the same period in 2024.
  • Net Cash Provided by Financing Activities: $186,820,000 for the six months ended June 30, 2025, compared to $50,024,000 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. The transition to the Eos Z3 is progressing as planned, with the first fully-automated battery manufacturing line now installed and in commercial production. The Company believes that the simplicity, flexibility, and safety of its products are key attributes desired by the market.
  • 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 recognizes the competitive advantage offered by the Inflation Reduction Act, which provides production tax credits (PTC) for domestically manufactured battery components, as well as tax credits for customers involved in projects meeting domestic content requirements.
Source: LB filings The copyright of this article belongs to the original author/organization.
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