Nikola Corporation

NKLA

NKLANikola Corporation US flag

NASDAQ Global Select

0.18

USD

- -

15.46MMarket Cap

Income Statement (USD)

API Chat

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Sales/Revenue/Turnover	- -	- -	- -	- -	50	36
+ Sales & Services Revenue	- -	- -	- -	- -	50	36
- Cost of Revenue	- -	- -	- -	- -	136	250
+ Cost of Goods & Services	- -	- -	- -	- -	136	250
Gross Profit	- -	- -	- -	- -	-86	-214
+ Other Operating Income	- -	- -	- -	- -	- -	- -
- Operating Expenses	71	88	368	694	617	436
+ Selling, General & Admin	12	21	183	401	346	199
+ Research & Development	58	68	186	293	270	208
+ Other Operating Expense	- -	- -	- -	- -	- -	29
Operating Income (Loss)	-70	-88	-368	-694	-703	-650
- Non-Operating (Income) Loss	-4	1	3	-7	15	198
+ Interest Expense, Net	-1	-1	- -	- -	18	76
+ Interest Expense	- -	- -	- -	- -	18	76
- Interest Income	1	1	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-4	2	3	-7	-3	122
Pretax Income	-66	-89	-371	-687	-717	-848
- Income Tax Expense (Benefit)	-2	- -	-1	- -	- -	- -
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-64	-89	-371	-690	-738	-865
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	46	102
+ Discontinued Operations	- -	- -	- -	- -	-46	-102
+ Extraord. & Accounting Changes	- -	- -	- -	- -	92	203
Income (Loss) Incl. MI	-64	-89	-371	-690	-784	-966
- Minority Interest	- -	- -	- -	- -	- -	- -
Net Income, GAAP	-64	-89	-371	-690	-784	-966
- Preferred Dividends	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-64	-89	-371	-690	-784	-966
EBIT	-70	-88	-368	-694	-703	-650
EBITDA	-70	-86	-362	-685	-680	-614
EBITDA Margin (%)	-40,383.82	-17,774.27	-381,381.05	- -	-1,367.26	-1,713.05
EBITA	-70	-88	-368	-694	-703	-650
Gross Margin (%)	71.1	43.78	24.21	- -	-172.89	-597.3
Operating Margin (%)	-40,745.09	-18,256.22	-387,705.26	- -	-1,413.04	-1,813.19
Profit Margin (%)	-37,163.58	-18,393.36	-390,385.26	- -	-1,577.15	-2,696.17
Sales per Employee	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -
Depreciation Expense	1	2	6	8	23	36
Basic Weighted Avg Shares	12	12	11	13	15	27
Basic EPS, GAAP	-5.34	-7.37	-33.18	-51.96	-53.25	-36.23
Basic EPS from Cont Ops	-5.34	-7.37	-33.18	-51.96	-50.12	-32.42
Diluted Weighted Avg Shares	12	12	11	13	15	27
Diluted EPS, GAAP	-5.34	-7.37	-33.18	-51.94	-53.25	-36.23
Diluted EPS from Cont Ops	-5.34	-7.37	-33.18	-51.94	-50.12	-32.42

Balance Sheet (USD)

API Chat

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Total Current Assets	- -	91	897	525	437	572
+ Cash, Cash Equivalents & STI	- -	86	841	497	226	465
+ Cash & Cash Equivalents	- -	86	841	497	226	465
+ ST Investments	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	- -	1	- -	3	43	27
+ Accounts Receivable, Net	- -	1	- -	- -	32	18
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	3	12	9
+ Inventories	- -	2	- -	12	112	63
+ Raw Materials	- -	2	- -	7	52	33
+ Work In Process	- -	- -	- -	4	10	15
+ Finished Goods	- -	- -	- -	- -	48	8
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	2	6
+ Other ST Assets	- -	3	56	13	56	18
+ Misc ST Assets	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	139	157	465	800	702
+ Property, Plant & Equip, Net	- -	53	71	244	418	503
+ Property, Plant & Equip	- -	57	80	261	449	547
- Accumulated Depreciation	- -	4	8	17	31	44
+ LT Investments & Receivables	- -	- -	8	62	63	57
+ LT Investments	- -	- -	8	62	63	57
+ LT Receivables	- -	- -	- -	- -	- -	- -
+ Other LT Assets	- -	85	77	159	319	142
+ Total Intangible Assets	- -	68	55	102	99	91
+ Goodwill	- -	5	5	5	7	5
+ Other Intangible Assets	- -	63	50	97	92	86
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	17	22	57	220	51
Total Assets	- -	229	1,054	990	1,237	1,275
+ Payables & Accruals	- -	16	47	118	169	83
+ Accounts Payable	- -	5	29	87	93	44
+ Accrued Taxes	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	11	18	31	76	39
+ ST Debt	- -	1	5	- -	64	11
+ ST Borrowings	- -	- -	4	- -	62	9
+ ST Finance Leases	- -	1	1	- -	2	2
+ Other ST Liabilities	- -	- -	- -	62	151	166
+ Deferred Revenue	- -	- -	- -	8	18	9
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	54	132	157
Total Current Liabilities	- -	17	52	181	384	260
+ LT Debt	- -	4	14	27	296	274
+ LT Borrowings	- -	4	- -	25	289	243
+ LT Finance Leases	- -	- -	14	3	7	31
+ Other LT Liabilities	- -	13	7	88	30	22
+ Accrued Liabilities	- -	1	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	12	7	88	30	22
Total Noncurrent Liabilities	- -	17	21	116	327	296
Total Liabilities	- -	34	74	296	710	556
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	- -	384	1,540	1,944	2,563	3,790
+ Common Stock	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	- -	384	1,540	1,944	2,563	3,790
- Treasury Stock	- -	- -	- -	- -	- -	- -
+ Retained Earnings	- -	-188	-560	-1,251	-2,035	-3,071
+ Other Equity	- -	- -	- -	- -	-2	- -
Equity Before Minority Interest	- -	196	980	694	526	719
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -
Total Equity	- -	196	980	694	526	719
Total Liabilities & Equity	- -	229	1,054	990	1,237	1,275
Shares Outstanding	- -	12	13	14	17	44
Number of Employees	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	1	15	3	9	33
Net Debt	- -	-82	-837	-473	125	-213
Net Debt to Equity	- -	-41.73	-85.38	-68.14	23.77	-29.61
Tangible Common Equity Ratio	- -	79.02	92.63	66.62	37.57	53.06
Current Ratio	- -	5.5	17.16	2.91	1.14	2.2
Cash Conversion Cycle	- -	1,074.38	9,504.64	- -	142.79	255.07

Cash Flow Statement (USD)

API Chat

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
+ Net Income	-64	-89	-371	-690	-738	-865
+ Depreciation & Amortization	1	2	6	8	23	36
+ Non-Cash Items	-2	16	186	265	309	397
+ Stock-Based Compensation	4	5	138	206	252	75
+ Deferred Income Taxes	-2	- -	-1	- -	- -	- -
+ Asset Impairment Charge	- -	- -	14	5	20	71
+ Other Non-Cash Adj	-4	11	34	54	37	251
+ Chg in Non-Cash Work Cap	12	-11	29	110	-175	-65
+ (Inc) Dec in Accts Receiv	- -	-1	1	- -	-32	14
+ (Inc) Dec in Inventories	- -	- -	- -	-17	-141	-24
+ (Inc) Dec in Prepaid Assets	-3	-1	-1	-16	-32	-46
+ Inc (Dec) in Accts Payable	15	-9	30	96	30	-15
+ Inc (Dec) in Other	-1	- -	-1	47	- -	6
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	-54	-81	-151	-307	-582	-496
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-13	-39	-22	-179	-168	-121
+ Acq of Fixed Prod Assets	-13	-39	-22	-179	-168	-121
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	164	289	375
+ Increase in Capital Stock	- -	- -	- -	164	289	375
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	- -	- -	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	-9	-25	-23	36
+ Cash from Divestitures	- -	- -	- -	- -	- -	36
+ Cash for Acq of Subs	- -	- -	-9	-25	-23	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-2	- -	- -	-3	-34	18
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-15	-39	-31	-207	-226	-67
+ Dividends Paid	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	4	- -	- -	20	258	340
+ Cash From Debt	4	- -	5	25	294	387
+ Repayments of Debt	- -	- -	-5	-5	-35	-47
+ Other Financing Activities	208	36	941	4	52	28
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	212	36	941	188	599	743
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -
Net Changes in Cash	142	-84	759	-327	-208	180
EBITDA	-70	-86	-362	-685	-680	-614
EBITDA Margin (%)	-40,383.82	-17,774.27	-381,381.05	- -	-1,367.26	-1,713.05
Free Cash Flow	-67	-120	-173	-486	-750	-617
Net Cash Paid for Acquisitions	- -	- -	9	25	23	-36
Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -
Free Cash Flow to Equity	- -	-120	-173	-467	-491	-277
Free Cash Flow per Basic Share	-5.53	-9.97	-15.46	-36.6	-50.92	-23.13
Price/Free Cash Flow	-84.44	-90.13	-39.91	-30.78	-2.31	-1.86
Cash Flow to Net Income	0.84	0.91	0.41	0.44	0.74	0.51
Capital Expenditures	-13	-39	-22	-179	-168	-121