Lucid Motors
balance sheet in millions unless otherwise stated unaudited lucid ended the second quarter of with over billion cash cash equivalents and investments as of june lucid had total liquidity of billion from cash investments and gib facilities which we believe is sufficient liquidity through gravity sop and into cash cash equivalents and investments other assets total assets liabilities stockholders equity total liabilities and stockholders equity statement of operations in the second quarter lucid recorded revenue of million lucid recognized non cash charges of million including inventory and firm purchase commitments write downs of million partially offset by a gain of million from changes in fair value of a common stock warrant liability revenue cost of revenue operating expenditures a operating expenditures net loss cash used in operating activities capital expenditures free cash flow lucid continues to invest in the development of future product programs the expansion of our and facilities to increase capacity and the growth of our retail delivery and service capabilities three months ended june financial highlights strength for | Lucid Motors
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August 2023
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