Enovix Corp Files 2024 10-K

Ticker: ENVX · Form: 10-K · Filed: 2025-02-25T00:00:00.000Z

Sentiment: neutral

Topics: 10-K, annual-report, manufacturing

TL;DR

Enovix filed its 2024 10-K. Financials and biz ops detailed.

AI Summary

Enovix Corp filed its 2024 10-K report on February 25, 2025, detailing its fiscal year ending December 29, 2024. The company, previously known as Rodgers Silicon Valley Acquisition Corp, is involved in the manufacturing of miscellaneous electrical machinery. Key financial data and operational details for the fiscal year 2024 are presented in this comprehensive filing.

Why It Matters

This filing provides investors and stakeholders with a detailed overview of Enovix Corp's financial performance and business operations for the fiscal year 2024, crucial for understanding the company's current standing and future prospects.

Risk Assessment

Risk Level: medium — 10-K filings are standard for public companies, but the specific risks and financial performance detailed within can vary significantly, requiring careful analysis.

Key Numbers

Key Players & Entities

FAQ

What is Enovix Corp's primary business activity?

Enovix Corp is involved in the manufacturing of miscellaneous electrical machinery, equipment & supplies, as indicated by its SIC code 3690.

When did Enovix Corp change its name?

The company changed its name from Rodgers Silicon Valley Acquisition Corp on October 14, 2020.

What is the fiscal year end for Enovix Corp?

The fiscal year end for Enovix Corp is December 29.

What is the SEC file number for Enovix Corp?

The SEC file number for Enovix Corp is 001-39753.

Where is Enovix Corp headquartered?

Enovix Corp's business and mailing address is 3501 W. WARREN AVENUE, FREMONT, CA 94538.

From the Filing

0001828318-25-000057.txt : 20250225 0001828318-25-000057.hdr.sgml : 20250225 20250225161531 ACCESSION NUMBER: 0001828318-25-000057 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 124 CONFORMED PERIOD OF REPORT: 20241229 FILED AS OF DATE: 20250225 DATE AS OF CHANGE: 20250225 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Enovix Corp CENTRAL INDEX KEY: 0001828318 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 853174357 FISCAL YEAR END: 1229 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39753 FILM NUMBER: 25663417 BUSINESS ADDRESS: STREET 1: 3501 W. WARREN AVENUE CITY: FREMONT STATE: CA ZIP: 94538 BUSINESS PHONE: 510 695-2350 MAIL ADDRESS: STREET 1: 3501 W. WARREN AVENUE CITY: FREMONT STATE: CA ZIP: 94538 FORMER COMPANY: FORMER CONFORMED NAME: Rodgers Silicon Valley Acquisition Corp DATE OF NAME CHANGE: 20201014 10-K 1 envx-20241229.htm 10-K envx-20241229 0001828318 2024 FY false P1Y P1Y http://fasb.org/us-gaap/2024#PrepaidExpenseAndOtherAssetsCurrent http://fasb.org/us-gaap/2024#PrepaidExpenseAndOtherAssetsCurrent P4Y P4Y http://fasb.org/us-gaap/2024#FairValueAdjustmentOfWarrants http://fasb.org/us-gaap/2024#FairValueAdjustmentOfWarrants http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent 0.0640800 P4Y P4Y 455 iso4217:USD xbrli:shares envx:segment iso4217:USD xbrli:shares xbrli:pure envx:lease envx:plaintiff iso4217:USD envx:derivativeShare envx:complaint envx:numberOfDocumentRequest envx:defendant envx:vote envx:purchase_period envx:family_member 0001828318 2024-01-01 2024-12-29 0001828318 2024-06-30 0001828318 2025-02-19 0001828318 2024-12-29 0001828318 2023-12-31 0001828318 2023-01-02 2023-12-31 0001828318 2022-01-03 2023-01-01 0001828318 us-gaap:CommonStockMember 2022-01-02 0001828318 us-gaap:AdditionalPaidInCapitalMember 2022-01-02 0001828318 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-02 0001828318 us-gaap:RetainedEarningsMember 2022-01-02 0001828318 us-gaap:ParentMember 2022-01-02 0001828318 us-gaap:NoncontrollingInterestMember 2022-01-02 0001828318 2022-01-02 0001828318 us-gaap:RetainedEarningsMember 2022-01-03 2023-01-01 0001828318 us-gaap:ParentMember 2022-01-03 2023-01-01 0001828318 us-gaap:CommonStockMember 2022-01-03 2023-01-01 0001828318 us-gaap:AdditionalPaidInCapitalMember 2022-01-03 2023-01-01 0001828318 us-gaap:CommonStockMember 2023-01-01 0001828318 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 0001828318 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 0001828318 us-gaap:RetainedEarningsMember 2023-01-01 0001828318 us-gaap:ParentMember 2023-01-01 0001828318 us-gaap:NoncontrollingInterestMember 2023-01-01 0001828318 2023-01-01 0001828318 us-gaap:RetainedEarningsMember 2023-01-02 2023-12-31 0001828318 us-gaap:ParentMember 2023-01-02 2023-12-31 0001828318 us-gaap:NoncontrollingInterestMember 2023-01-02 2023-12-31 0001828318 us-gaap:CommonStockMember 2023-01-02 2023-12-31 0001828318 us-gaap:AdditionalPaidInCapitalMember 2023-01-02 2023-12-31 0001828318 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-02 2023-12-31 0001828318 us-gaap:CommonStockMember 2023-12-31 0001828318 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001828318 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001828318 us-gaap:RetainedEarningsMember 2023-12-31 0001828318 us-gaap:ParentMember 2023-12-31 0001828318 us-gaap:NoncontrollingInterestMember 2023-12-31 0001828318 us-gaap:RetainedEarningsMember 2024-01-01 2024-12-29 0001828318 us-gaap:ParentMember 2024-01-01 2024-12-29 0001828318 us-gaap:NoncontrollingInterestMember 2024-01-01 2024-12-29 0001828318 us-gaap:CommonStockMember 2024-01-01 2024-12-29 0001828318 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-12-29 0001828318 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-12-29 0001828318 us-gaap:CommonStockMember 2024-12-29 0001828318 u

View on Read The Filing