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8-K: Faraday Future Reports Financial Results for Third Quarter 2024

8-K: Faraday Future Reports Financial Results for Third Quarter 2024

8-K:法拉第未來公佈2024年第三季度財務業績
美股SEC公告 ·  2024/11/06 17:05

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Faraday Future reported significant improvements in Q3 2024 financial results, with operating expenses declining 92.6% to $3.8 million and operating loss narrowing to $25.2 million from $66.4 million YoY. The company successfully secured $30 million in financing and regained full Nasdaq compliance. At quarter end, the company held $449 million in assets and $292.3 million in liabilities.The company launched its second brand, Faraday X (FX), targeting the mass market with two planned models: FX 5 ($20,000-$30,000) and FX 6 ($30,000-$50,000). Both models are scheduled for potential production by end-2025, subject to funding. FF has established relationships with four Chinese OEMs and signed strategic agreements to promote range-extended AIEV in the U.S. market.FF is expanding its global presence by establishing operations in Ras Al Khaimah, including a 108,000 square foot facility and regional headquarters through a partnership with Master Investment Group. The company continues to advance its FF 91 2.0 program, delivering 14 vehicles to date while implementing manufacturing improvements and enhanced user experience features.
Faraday Future reported significant improvements in Q3 2024 financial results, with operating expenses declining 92.6% to $3.8 million and operating loss narrowing to $25.2 million from $66.4 million YoY. The company successfully secured $30 million in financing and regained full Nasdaq compliance. At quarter end, the company held $449 million in assets and $292.3 million in liabilities.The company launched its second brand, Faraday X (FX), targeting the mass market with two planned models: FX 5 ($20,000-$30,000) and FX 6 ($30,000-$50,000). Both models are scheduled for potential production by end-2025, subject to funding. FF has established relationships with four Chinese OEMs and signed strategic agreements to promote range-extended AIEV in the U.S. market.FF is expanding its global presence by establishing operations in Ras Al Khaimah, including a 108,000 square foot facility and regional headquarters through a partnership with Master Investment Group. The company continues to advance its FF 91 2.0 program, delivering 14 vehicles to date while implementing manufacturing improvements and enhanced user experience features.
法拉第未來在2024年第三季度財務結果中報告了顯著改善,營業費用下降92.6%至380萬美元,營業損失從去年同期的6640萬美元縮小至2520萬美元。該公司成功獲得了3000萬美元的融資,並重新獲得納斯達克的全面合規性。在季度末,公司持有44900萬美元的資產和29230萬美元的負債。該公司推出了第二個品牌Faraday X(FX),瞄準大衆市場,計劃推出兩個型號:FX 5($20,000-$30,000)和FX 6($30,000-$50,000)。這兩個型號預計在2025年底前投產,具體情況取決於資金。法拉第未來已與四家中國OEM建立了關係,並簽署了戰略協議,以促進在美國市場的區間擴展AI...展開全部
法拉第未來在2024年第三季度財務結果中報告了顯著改善,營業費用下降92.6%至380萬美元,營業損失從去年同期的6640萬美元縮小至2520萬美元。該公司成功獲得了3000萬美元的融資,並重新獲得納斯達克的全面合規性。在季度末,公司持有44900萬美元的資產和29230萬美元的負債。該公司推出了第二個品牌Faraday X(FX),瞄準大衆市場,計劃推出兩個型號:FX 5($20,000-$30,000)和FX 6($30,000-$50,000)。這兩個型號預計在2025年底前投產,具體情況取決於資金。法拉第未來已與四家中國OEM建立了關係,並簽署了戰略協議,以促進在美國市場的區間擴展AIEV。法拉第未來通過與Master Investment Group的合作,在拉斯哈伊瑪建立運營,擴展其全球業務,包括一個108,000平方英尺的設施和區域型總部。該公司繼續推進其FF 91 2.0項目,迄今爲止交付了14輛車輛,同時實施了製造業改進和增強用戶體驗功能。
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