Envirotech Vehicles Reports Q1 2025 Financials
Ticker: EVTV · Form: 10-Q · Filed: May 20, 2025 · CIK: 1563568
Sentiment: neutral
Topics: 10-Q, financials, quarterly-report
TL;DR
EVTV Q1 2025: $13.6K Rev, $6.7K Loss. Assets $23.1M, Liab $19.9M.
AI Summary
Envirotech Vehicles, Inc. filed its 10-Q for the period ending March 31, 2025. The company reported total assets of $23,106,392 and total liabilities of $19,872,612 as of March 31, 2025. For the three months ended March 31, 2025, the company had revenues of $13,596 and a net loss of $6,700.
Why It Matters
This filing provides a snapshot of Envirotech Vehicles' financial health and operational performance in early 2025, crucial for investors assessing its current standing.
Risk Assessment
Risk Level: medium — The company reported a net loss and relatively low revenue, indicating potential financial instability.
Key Numbers
- $23.1M — Total Assets (As of March 31, 2025)
- $19.9M — Total Liabilities (As of March 31, 2025)
- $13.6K — Q1 2025 Revenue (For the three months ended March 31, 2025)
- $6.7K — Q1 2025 Net Loss (For the three months ended March 31, 2025)
Key Players & Entities
- Envirotech Vehicles, Inc. (company) — Filer of the 10-Q
- 20250331 (date) — End of the reporting period
- $23,106,392 (dollar_amount) — Total assets as of March 31, 2025
- $19,872,612 (dollar_amount) — Total liabilities as of March 31, 2025
- $13,596 (dollar_amount) — Revenue for the three months ended March 31, 2025
- $6,700 (dollar_amount) — Net loss for the three months ended March 31, 2025
FAQ
What was Envirotech Vehicles' total revenue for the first quarter of 2025?
Envirotech Vehicles reported total revenue of $13,596 for the three months ended March 31, 2025.
What was the company's net loss for the period ending March 31, 2025?
The company reported a net loss of $6,700 for the three months ended March 31, 2025.
What were the total assets of Envirotech Vehicles as of March 31, 2025?
As of March 31, 2025, Envirotech Vehicles had total assets of $23,106,392.
What were the total liabilities of Envirotech Vehicles as of March 31, 2025?
As of March 31, 2025, Envirotech Vehicles had total liabilities of $19,872,612.
What was the company's previous name before being known as Envirotech Vehicles, Inc.?
The company was formerly known as ADOMANI, INC. and Adomani, Inc.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 20, 2025 regarding Envirotech Vehicles, Inc. (EVTV).