Nxu Inc., a Delaware-based company, has filed its annual report for the fiscal year ended December 31, 2023. The report includes key financial performance metrics, business development updates, and future plans. Financial Performance: The report does not provide specific financial performance figures such as revenue, operating profit, net profit, or diluted earnings per share. However, it mentions the aggregate market value of common stock held by non-affiliates as of June 30, 2023, was $19.9 million. Business Development: The company's leadership team is outlined, with details on their backgrounds and roles within Nxu Inc. The report also mentions the filing of an Amendment No. 1 to include Part III information in its Annual Report on Form 10-K, indicating a focus on regulatory compliance and...Show More

Nxu Inc., a Delaware-based company, has filed its annual report for the fiscal year ended December 31, 2023. The report includes key financial performance metrics, business development updates, and future plans. Financial Performance: The report does not provide specific financial performance figures such as revenue, operating profit, net profit, or diluted earnings per share. However, it mentions the aggregate market value of common stock held by non-affiliates as of June 30, 2023, was $19.9 million. Business Development: The company's leadership team is outlined, with details on their backgrounds and roles within Nxu Inc. The report also mentions the filing of an Amendment No. 1 to include Part III information in its Annual Report on Form 10-K, indicating a focus on regulatory compliance and corporate governance. Future Plans: The company's future plans are not explicitly stated in the provided text. However, the filing of the amendment suggests an ongoing effort to maintain transparency and adhere to SEC regulations. The report also indicates that the company has adopted a new Omnibus Incentive Plan and entered into indemnification agreements with its directors and executive officers, reflecting a commitment to aligning the interests of its leadership with those of its shareholders.