Lucid Group Files 2023 Annual 10-K Report
Ticker: LCID · Form: 10-K · Filed: 2024-02-27T00:00:00.000Z
Sentiment: neutral
Topics: annual-report, regulatory-filing, corporate-governance
Related Tickers: LCID
TL;DR
Lucid Group just dropped its 2023 10-K, a standard annual regulatory filing for the fiscal year ending December 31, 2023.
AI Summary
Lucid Group, Inc. filed its 10-K annual report on February 27, 2024, for the fiscal year ended December 31, 2023. The filing, identified by accession number 0001628280-24-007209, details the company's financial and operational status. Lucid Group's business address is 7373 Gateway Blvd., Newark, CA 94560, and its former names include Churchill Capital Corp IV and Annetta Acquisition Corp.
Why It Matters
This mandatory annual report provides a comprehensive overview of Lucid Group's financial performance, operational activities, and risk factors for the past fiscal year. It is a crucial document for investors and the public to assess the company's health and future prospects.
Risk Assessment
Risk Level: medium — The 10-K is a comprehensive annual report that details various business and financial risks inherent to the company's operations, though specific risks are not detailed in the provided metadata.
Key Numbers
- 2023-12-31 — Fiscal Year End (The period covered by this annual report.)
- 2024-02-27 — Filing Date (The date the 10-K was officially submitted to the SEC.)
- 138 — Public Document Count (The total number of documents included in this SEC filing.)
- 001-39408 — SEC File Number (Unique identifier for the company's SEC filings.)
Key Players & Entities
- Lucid Group, Inc. (company) — Filer of the 10-K report
- Churchill Capital Corp IV (company) — Former company name of Lucid Group, Inc.
- Annetta Acquisition Corp (company) — Former company name of Lucid Group, Inc.
- Newark (location) — City of Lucid Group's business address
- CA (location) — State of Lucid Group's business address
FAQ
What is the filing type of this document?
The filing type is 10-K, as stated in the document metadata.
What is the fiscal year end date covered by this report?
The report covers the fiscal year ending on December 31, 2023 (20231231).
When was this 10-K filing submitted to the SEC?
The 10-K was filed as of February 27, 2024 (20240227).
What was one of Lucid Group, Inc.'s former company names?
One of Lucid Group, Inc.'s former company names was Churchill Capital Corp IV, with a name change date of 20200714.
What is the business address city for Lucid Group, Inc.?
The business address city for Lucid Group, Inc. is Newark, CA.
From the Filing
0001628280-24-007209.txt : 20240227 0001628280-24-007209.hdr.sgml : 20240227 20240227160922 ACCESSION NUMBER: 0001628280-24-007209 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 138 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240227 DATE AS OF CHANGE: 20240227 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Lucid Group, Inc. CENTRAL INDEX KEY: 0001811210 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 850891392 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39408 FILM NUMBER: 24686714 BUSINESS ADDRESS: STREET 1: 7373 GATEWAY BLVD. CITY: NEWARK STATE: CA ZIP: 94560 BUSINESS PHONE: (510) 648-3553 MAIL ADDRESS: STREET 1: 7373 GATEWAY BLVD. CITY: NEWARK STATE: CA ZIP: 94560 FORMER COMPANY: FORMER CONFORMED NAME: Churchill Capital Corp IV DATE OF NAME CHANGE: 20200714 FORMER COMPANY: FORMER CONFORMED NAME: Annetta Acquisition Corp DATE OF NAME CHANGE: 20200504 10-K 1 lcid-20231231.htm 10-K lcid-20231231 FALSE 2023 FY 0001811210 http://fasb.org/us-gaap/2023#OtherAssetsCurrent http://fasb.org/us-gaap/2023#OtherAssetsCurrent 0.0182548 immaterial http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization 0001811210 2023-01-01 2023-12-31 0001811210 2023-06-30 iso4217:USD 0001811210 2024-02-21 xbrli:shares 0001811210 2022-01-01 2022-12-31 0001811210 2023-12-31 0001811210 2022-12-31 iso4217:USD xbrli:shares 0001811210 2021-01-01 2021-12-31 0001811210 lcid:ConvertiblePreferredStockWarrantLiabilityMember 2023-01-01 2023-12-31 0001811210 lcid:ConvertiblePreferredStockWarrantLiabilityMember 2022-01-01 2022-12-31 0001811210 lcid:ConvertiblePreferredStockWarrantLiabilityMember 2021-01-01 2021-12-31 0001811210 lcid:CommonStockWarrantLiabilityMember 2023-01-01 2023-12-31 0001811210 lcid:CommonStockWarrantLiabilityMember 2022-01-01 2022-12-31 0001811210 lcid:CommonStockWarrantLiabilityMember 2021-01-01 2021-12-31 0001811210 2020-12-31 0001811210 us-gaap:CommonStockMember 2020-12-31 0001811210 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0001811210 us-gaap:TreasuryStockCommonMember 2020-12-31 0001811210 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0001811210 us-gaap:RetainedEarningsMember 2020-12-31 0001811210 us-gaap:RetainedEarningsMember 2021-01-01 2021-12-31 0001811210 us-gaap:SeriesBPreferredStockMember 2021-01-01 2021-12-31 0001811210 us-gaap:SeriesDPreferredStockMember 2021-01-01 2021-12-31 0001811210 us-gaap:SeriesEPreferredStockMember 2021-01-01 2021-12-31 0001811210 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0001811210 us-gaap:CommonStockMember 2021-01-01 2021-12-31 0001811210 us-gaap:TreasuryStockCommonMember 2021-01-01 2021-12-31 0001811210 2021-12-31 0001811210 us-gaap:CommonStockMember 2021-12-31 0001811210 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001811210 us-gaap:TreasuryStockCommonMember 2021-12-31 0001811210 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001811210 us-gaap:RetainedEarningsMember 2021-12-31 0001811210 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0001811210 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0001811210 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0001811210 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0001811210 lcid:AtTheMarketOfferingMember us-gaap:CommonStockMember 2022-01-01 2022-12-31 0001811210 lcid:AtTheMarketOfferingMember us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0001811210 lcid:AtTheMarketOffe