Enovix Corp Files Q1 2025 10-Q

Ticker: ENVX · Form: 10-Q · Filed: 2025-05-02T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, financials, reporting

Related Tickers: ENVX

TL;DR

Enovix Q1 2025 10-Q filed. Financials and operations updated.

AI Summary

Enovix Corp filed its 10-Q for the period ending March 30, 2025. The filing details financial performance and operational updates for the first quarter of 2025. Key financial figures and strategic developments are presented within this report.

Why It Matters

This 10-Q filing provides investors and stakeholders with the latest financial health and operational status of Enovix Corp, crucial for understanding the company's trajectory.

Risk Assessment

Risk Level: medium — 10-Q filings are standard financial reports, but the specific risks and financial performance detailed within can vary significantly, impacting investor confidence.

Key Players & Entities

FAQ

What is the reporting period for this 10-Q filing?

The reporting period for this 10-Q filing is March 30, 2025.

When was this 10-Q filed with the SEC?

This 10-Q was filed on May 2, 2025.

What was Enovix Corp's former company name?

Enovix Corp's former company name was Rodgers Silicon Valley Acquisition Corp.

What is the fiscal year end for Enovix Corp?

Enovix Corp's fiscal year end is December 28.

What is the SIC code for Enovix Corp?

The Standard Industrial Classification (SIC) code for Enovix Corp is 3690, which corresponds to Miscellaneous Electrical Machinery, Equipment & Supplies.

From the Filing

0001828318-25-000148.txt : 20250502 0001828318-25-000148.hdr.sgml : 20250502 20250502161040 ACCESSION NUMBER: 0001828318-25-000148 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 83 CONFORMED PERIOD OF REPORT: 20250330 FILED AS OF DATE: 20250502 DATE AS OF CHANGE: 20250502 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 EIN: 853174357 FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-39753 FILM NUMBER: 25908625 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-Q 1 envx-20250330.htm 10-Q envx-20250330 0001828318 December 28 2025 Q1 false xbrli:shares iso4217:USD iso4217:USD xbrli:shares envx:segment xbrli:pure envx:complaint envx:plaintiff envx:family_member utr:sqft 0001828318 2024-12-30 2025-03-30 0001828318 2025-04-28 0001828318 2025-03-30 0001828318 2024-12-29 0001828318 2024-01-01 2024-03-31 0001828318 us-gaap:CommonStockMember 2024-12-29 0001828318 us-gaap:AdditionalPaidInCapitalMember 2024-12-29 0001828318 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-29 0001828318 us-gaap:RetainedEarningsMember 2024-12-29 0001828318 us-gaap:ParentMember 2024-12-29 0001828318 us-gaap:NoncontrollingInterestMember 2024-12-29 0001828318 us-gaap:RetainedEarningsMember 2024-12-30 2025-03-30 0001828318 us-gaap:ParentMember 2024-12-30 2025-03-30 0001828318 us-gaap:NoncontrollingInterestMember 2024-12-30 2025-03-30 0001828318 us-gaap:CommonStockMember 2024-12-30 2025-03-30 0001828318 us-gaap:AdditionalPaidInCapitalMember 2024-12-30 2025-03-30 0001828318 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-30 2025-03-30 0001828318 us-gaap:CommonStockMember 2025-03-30 0001828318 us-gaap:AdditionalPaidInCapitalMember 2025-03-30 0001828318 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-03-30 0001828318 us-gaap:RetainedEarningsMember 2025-03-30 0001828318 us-gaap:ParentMember 2025-03-30 0001828318 us-gaap:NoncontrollingInterestMember 2025-03-30 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 2023-12-31 0001828318 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001828318 us-gaap:ParentMember 2024-01-01 2024-03-31 0001828318 us-gaap:NoncontrollingInterestMember 2024-01-01 2024-03-31 0001828318 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0001828318 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001828318 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0001828318 us-gaap:CommonStockMember 2024-03-31 0001828318 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001828318 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001828318 us-gaap:RetainedEarningsMember 2024-03-31 0001828318 us-gaap:ParentMember 2024-03-31 0001828318 us-gaap:NoncontrollingInterestMember 2024-03-31 0001828318 2024-03-31 0001828318 us-gaap:ProductMember 2024-12-30 2025-03-30 0001828318 us-gaap:ProductMember 2024-01-01 2024-03-31 0001828318 country:KR us-gaap:GeographicConcentrationRiskMember us-gaap:ProductMember us-gaap:SalesRevenueNetMember 2024-12-30 2025-03-30 0001828318 country:KR us-gaap:GeographicConcentrationRiskMember us-gaap:ProductMember us-gaap:SalesRevenueNetMember 2024-01-01 2024-03-31 0001828318 us-gaap:MoneyMarketFundsMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2025-03-30 000182

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