Workhorse Group Inc.
WKHS · XNASCIK 1425287fmd_1ZKRD3393GB6SMEJ9FDVX4Y6NFManufacturing · Motor Vehicles & Passenger Car BodiesTemplate: Standard
Coverage: Jan 01, 2008 to Jun 30, 2026, 67 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | 6 | 10 | 1 | 0 | 1 | (1) | 5 | 13 | 7 | 21 |
| Cost of revenue | 14 | 24 | 8 | 6 | 13 | 132 | 38 | 38 | 13 | 31 |
| Net interest income | – | – | – | (29) | (191) | (13) | (2) | (9) | – | – |
| Gross profit | (7) | (14) | (15) | (5) | (12) | (133) | (33) | (25) | (6) | (10) |
| Provision for credit losses | – | – | – | – | – | – | – | – | 0 | 0 |
| Research and development | 6 | 18 | 7 | 8 | 9 | 12 | 23 | 24 | 13 | 13 |
| Selling, general and administrative | 6 | 9 | 11 | 10 | 20 | 40 | 73 | 56 | 16 | 25 |
| Total operating expenses | 12 | 27 | 19 | 18 | 29 | 52 | 96 | 80 | 35 | 38 |
| Compensation and benefits | – | – | – | – | – | – | – | – | – | – |
| Operating income | (20) | (41) | (34) | (24) | (41) | (185) | (129) | (105) | (41) | (47) |
| Interest expense | 0 | 0 | 2 | 29 | 191 | – | – | – | – | – |
| Other non-operating income (expense) | – | – | – | – | – | – | – | (10) | 0 | (0) |
| Income before taxes | – | – | (37) | (37) | 92 | (423) | (117) | (124) | (52) | (64) |
| Income tax expense | – | – | 0 | 0 | 22 | (22) | 0 | (0) | 0 | 0 |
| Net income from continuing operations | – | – | (37) | (37) | 70 | (401) | (117) | (124) | (52) | (64) |
| Net income | (20) | (41) | (37) | (37) | 70 | (401) | (117) | (124) | (52) | (64) |
| Net income to common shareholders | – | (41) | (37) | (37) | 70 | (401) | – | – | – | – |