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WORKHORSE GROUP INC.: 10-Q filed 2025-08-15

What WORKHORSE GROUP INC. reported in its quarterly report filed 2025-08-15 (fiscal Q2 2025): 42 published measures, 120 facts as tagged in accession 0001425287-25-000064.

This filing

Form
10-Q (quarterly report)
Filed
2025-08-15
Fiscal period
fiscal Q2 2025
Accession
0001425287-25-000064 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All WORKHORSE GROUP INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2025-06-3099,254,112USD
At 2024-12-3193,840,770USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2025-06-3076,907,373USD
At 2024-12-3149,552,845USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2025-06-3022,346,739USD
At 2025-03-3131,392,096USD
At 2024-12-3144,287,925USD
At 2024-06-3058,636,956USD
At 2024-03-3167,423,771USD
At 2023-12-3183,112,171USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2025-06-302,190,820USD
At 2024-12-314,119,938USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2025-04-01 to 2025-06-30-14,780,964USD91
2025-01-01 to 2025-06-30-35,425,098USD181
2025-01-01 to 2025-03-31-20,644,134USD90
2024-04-01 to 2024-06-30-26,319,999USD91
2024-01-01 to 2024-06-30-55,475,786USD182
2024-01-01 to 2024-03-31-29,155,787USD91

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2025-01-01 to 2025-06-30-14,027,313USD181
2024-01-01 to 2024-06-30-30,063,456USD182

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2025-01-01 to 2025-06-300USD181
2024-01-01 to 2024-06-303,759,353USD182

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

PeriodValueUnitDays
2025-04-01 to 2025-06-305,669,469USD91
2025-01-01 to 2025-06-306,310,391USD181
2024-04-01 to 2024-06-30842,440USD91
2024-01-01 to 2024-06-302,181,735USD182

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2025-01-01 to 2025-06-3034,101,536USD181
2024-01-01 to 2024-06-303,285,505USD182

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2025-01-01 to 2025-06-300USD181
2024-01-01 to 2024-06-30-3,759,353USD182

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2025-06-30-888,783,642USD
At 2024-12-31-853,358,544USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2025-04-01 to 2025-06-308,827,196shares91
2025-01-01 to 2025-06-306,630,399shares181
2024-04-01 to 2024-06-301,508,403shares91
2024-01-01 to 2024-06-301,359,416shares182

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2025-04-01 to 2025-06-308,827,196shares91
2025-01-01 to 2025-06-306,630,399shares181
2024-04-01 to 2024-06-301,508,403shares91
2024-01-01 to 2024-06-301,359,416shares182

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2025-04-01 to 2025-06-30-1.67USD/shares91
2025-01-01 to 2025-06-30-5.34USD/shares181
2024-04-01 to 2024-06-30-17.45USD/shares91
2024-01-01 to 2024-06-30-40.81USD/shares182

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2025-04-01 to 2025-06-30-1.67USD/shares91
2025-01-01 to 2025-06-30-5.34USD/shares181
2024-04-01 to 2024-06-30-17.45USD/shares91
2024-01-01 to 2024-06-30-40.81USD/shares182

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2025-04-01 to 2025-06-300USD91
2025-01-01 to 2025-06-300USD181
2024-04-01 to 2024-06-300USD91
2024-01-01 to 2024-06-300USD182

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2025-06-3029,145,327USD
At 2024-12-3132,976,581USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2025-01-01 to 2025-06-301,140,072USD181
2024-01-01 to 2024-06-306,266,416USD182

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2025-04-01 to 2025-06-30-14,472,933USD91
2025-01-01 to 2025-06-30-27,309,704USD181
2024-04-01 to 2024-06-30-20,518,240USD91
2024-01-01 to 2024-06-30-44,244,912USD182

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2025-06-3063,688,513USD
At 2024-12-3153,431,820USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2025-06-3073,482,778USD
At 2024-12-3145,235,937USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2025-06-3010,823,073USD
At 2024-12-3111,509,150USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2025-06-302,372,701USD
At 2024-12-31537,536USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2025-04-01 to 2025-06-307,091,046USD91
2025-01-01 to 2025-06-3015,403,976USD181
2024-04-01 to 2024-06-3014,059,332USD91
2024-01-01 to 2024-06-3031,682,521USD182

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2025-06-3032,757,831USD
At 2024-12-3141,839,020USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2025-04-01 to 2025-06-30-7,381,887USD91
2025-01-01 to 2025-06-30-11,905,728USD181
2024-04-01 to 2024-06-30-6,458,908USD91
2024-01-01 to 2024-06-30-12,562,391USD182

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2025-04-01 to 2025-06-3013,051,356USD91
2025-01-01 to 2025-06-3018,216,119USD181
2024-04-01 to 2024-06-307,301,348USD91
2024-01-01 to 2024-06-3014,744,126USD182

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

PeriodValueUnitDays
2025-04-01 to 2025-06-305,844,698USD91
2025-01-01 to 2025-06-3012,628,609USD181
2024-04-01 to 2024-06-3012,066,553USD91
2024-01-01 to 2024-06-3026,161,831USD182

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2025-04-01 to 2025-06-301,246,348USD91
2025-01-01 to 2025-06-302,775,367USD181
2024-04-01 to 2024-06-301,992,779USD91
2024-01-01 to 2024-06-305,520,690USD182

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2025-06-3010,585,800shares
At 2024-12-313,843,336shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2025-06-3024,719,161USD
At 2024-12-314,644,938USD
At 2024-06-305,308,611USD
At 2023-12-3135,845,915USD

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2025-06-30911,119,795USD
At 2024-12-31897,642,626USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2025-06-306,003,964USD
At 2024-12-313,247,548USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2025-06-305,017,726USD
At 2024-12-315,280,150USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2025-06-30416,308USD
At 2024-12-31176,311USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

PeriodValueUnitDays
At 2025-06-3011,200,767USD
At 2024-12-318,731,915USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

PeriodValueUnitDays
At 2025-06-303,702,346USD
At 2024-12-315,865,890USD

Current contract liabilities

Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.

PeriodValueUnitDays
At 2025-06-306,048,581USD
At 2024-12-316,350,581USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2025-04-01 to 2025-06-30-14,780,964USD91
2025-01-01 to 2025-06-30-35,425,098USD181
2024-04-01 to 2024-06-30-26,319,999USD91
2024-01-01 to 2024-06-30-55,475,786USD182

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2025-01-01 to 2025-06-303,801,443USD181
2024-01-01 to 2024-06-304,019,532USD182

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2025-01-01 to 2025-06-30406,963USD181
2024-01-01 to 2024-06-304,366,649USD182

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2025-01-01 to 2025-06-30-5,610,038USD181
2024-01-01 to 2024-06-305,724,913USD182

Inspect the source

Entity
WORKHORSE GROUP INC. / CIK 0001425287
Captured
2026-09-20T08:03:47.736Z
SEC response SHA-256
50dc0df726bf12c53171f6a79ac934e876a5abeb959bbc24436e006907d41e91

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

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Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001425287.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))