Mullen Automotive Files 10-Q for Q2 2025
Ticker: BINI · Form: 10-Q · Filed: May 20, 2025 · CIK: 1499961
Sentiment: neutral
Topics: 10-Q, financials, automotive
TL;DR
MULN 10-Q filed: Assets $126M, Liabilities $84M. Financials show ongoing operations.
AI Summary
Mullen Automotive Inc. filed its 10-Q for the period ending March 31, 2025. The company reported total assets of $126,263,159 and total liabilities of $84,572,538. Revenue for the period was not explicitly stated but operational figures suggest ongoing development and investment in the automotive sector.
Why It Matters
This filing provides a snapshot of Mullen Automotive's financial health and operational status as of March 31, 2025, crucial for investors assessing the company's trajectory.
Risk Assessment
Risk Level: high — Mullen Automotive has a history of financial challenges and operational hurdles, making its financial disclosures inherently high-risk.
Key Numbers
- $126,263,159 — Total Assets (As of March 31, 2025)
- $84,572,538 — Total Liabilities (As of March 31, 2025)
- 5,000,000,000 — Authorized Shares (Common Stock)
- 20250331 — Report Period End Date (Fiscal Quarter End)
- 20250520 — Filing Date (Date of Submission)
Key Players & Entities
- MULLEN AUTOMOTIVE INC. (company) — Filer
- 0001499961 (company) — Central Index Key
- 1405 PIONEER STREET (location) — Business Address
- BREA (location) — City
- DE (location) — State of Incorporation
- Net Element, Inc. (company) — Former Company Name
- Cazador Acquisition Corp Ltd. (company) — Former Company Name
FAQ
What were Mullen Automotive's total revenues for the quarter ending March 31, 2025?
The provided text does not explicitly state the total revenues for the quarter ending March 31, 2025.
What is the company's cash and cash equivalents balance as of March 31, 2025?
The filing does not explicitly list the cash and cash equivalents balance for March 31, 2025.
What is the par value of Mullen Automotive's common stock?
The par value of Mullen Automotive's common stock is $0.0001.
When was Mullen Automotive Inc. incorporated?
Mullen Automotive Inc. was incorporated in Delaware (DE).
What was the previous name of Mullen Automotive Inc.?
Mullen Automotive Inc. was formerly known as Net Element, Inc. and Net Element International, Inc.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 20, 2025 regarding MULLEN AUTOMOTIVE INC. (BINI).