Lucid Group Files Q1 2025 10-Q
Ticker: LCID · Form: 10-Q · Filed: 2025-05-06T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, quarterly-report, automotive
TL;DR
Lucid's Q1 2025 10-Q is in. Check financials.
AI Summary
Lucid Group, Inc. filed its 10-Q for the period ending March 31, 2025. The filing details the company's financial position and operational activities. Key financial data and disclosures relevant to investors are presented within this report.
Why It Matters
This 10-Q filing provides investors with the latest financial performance and operational updates for Lucid Group, Inc., crucial for understanding the company's current standing and future prospects.
Risk Assessment
Risk Level: medium — As a company in the automotive sector, Lucid faces significant risks related to production, competition, and market demand, which are detailed in its SEC filings.
Key Players & Entities
- Lucid Group, Inc. (company) — Filer of the 10-Q
- 20250331 (date) — End of the reporting period
- 20250506 (date) — Filing date
- Churchill Capital Corp IV (company) — Former company name
- Annetta Acquisition Corp (company) — Former company name
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is for the quarter ended March 31, 2025.
When was this 10-Q filed with the SEC?
This 10-Q was filed on May 6, 2025.
What was Lucid Group, Inc. formerly known as?
Lucid Group, Inc. was formerly known as Churchill Capital Corp IV and Annetta Acquisition Corp.
What is Lucid Group, Inc.'s primary industry classification?
Lucid Group, Inc. is classified under MOTOR VEHICLES & PASSENGER CAR BODIES [3711].
What is the company's principal business address?
The company's principal business address is 7373 Gateway Blvd., Newark, CA 94560.
From the Filing
0001628280-25-022685.txt : 20250506 0001628280-25-022685.hdr.sgml : 20250506 20250506160937 ACCESSION NUMBER: 0001628280-25-022685 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 128 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250506 DATE AS OF CHANGE: 20250506 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 EIN: 850891392 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-39408 FILM NUMBER: 25917306 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-Q 1 lcid-20250331.htm 10-Q lcid-20250331 FALSE 2025 Q1 0001811210 December 31 P4Y http://fasb.org/us-gaap/2024#OtherAssetsCurrent http://fasb.org/us-gaap/2024#OtherAssetsCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization xbrli:shares iso4217:USD iso4217:USD xbrli:shares lcid:facility iso4217:SAR xbrli:pure lcid:segment lcid:obligation lcid:day lcid:tranche lcid:installment lcid:period lcid:lawsuit lcid:dealer lcid:vehicle 0001811210 2025-01-01 2025-03-31 0001811210 2025-04-30 0001811210 2025-03-31 0001811210 2024-12-31 0001811210 us-gaap:RelatedPartyMember 2025-03-31 0001811210 us-gaap:RelatedPartyMember 2024-12-31 0001811210 lcid:SeriesARedeemableConvertiblePreferredStockMember 2024-12-31 0001811210 lcid:SeriesARedeemableConvertiblePreferredStockMember 2025-03-31 0001811210 lcid:SeriesBRedeemableConvertiblePreferredStockMember 2024-12-31 0001811210 lcid:SeriesBRedeemableConvertiblePreferredStockMember 2025-03-31 0001811210 us-gaap:RelatedPartyMember 2025-01-01 2025-03-31 0001811210 us-gaap:RelatedPartyMember 2024-01-01 2024-03-31 0001811210 2024-01-01 2024-03-31 0001811210 us-gaap:CommonStockMember 2024-12-31 0001811210 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0001811210 us-gaap:TreasuryStockCommonMember 2024-12-31 0001811210 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 0001811210 us-gaap:RetainedEarningsMember 2024-12-31 0001811210 us-gaap:RetainedEarningsMember 2025-01-01 2025-03-31 0001811210 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-01-01 2025-03-31 0001811210 us-gaap:AdditionalPaidInCapitalMember 2025-01-01 2025-03-31 0001811210 us-gaap:CommonStockMember 2025-01-01 2025-03-31 0001811210 us-gaap:CommonStockMember 2025-03-31 0001811210 us-gaap:AdditionalPaidInCapitalMember 2025-03-31 0001811210 us-gaap:TreasuryStockCommonMember 2025-03-31 0001811210 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-03-31 0001811210 us-gaap:RetainedEarningsMember 2025-03-31 0001811210 2023-12-31 0001811210 us-gaap:CommonStockMember 2023-12-31 0001811210 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001811210 us-gaap:TreasuryStockCommonMember 2023-12-31 0001811210 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001811210 us-gaap:RetainedEarningsMember 2023-12-31 0001811210 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001811210 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0001811210 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001811210 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0001811210