Company research
Nxu, Inc.
CIK 1722969Updated Sep 27, 2026
SecurityNXUR · OTC · equity
Name history
Atlis Motor Vehicles Inc · through Jun 16, 2023
NXUR price & chart
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OTC:NXUR on TradingView ↗About the company
Nxu, Inc. is a domestic technology company leveraging its intellectual property and innovations to support e-Mobility and energy storage solutions. For more information, visit www.nxuenergy.com.
In the news
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Recent filings
SCHEDULE 13G/A - filed by L1 Capital Global Opportunities Master Fund, Ltd. regarding Nxu, Inc.
25-NSE - filed by Nasdaq Stock Market LLC regarding Nxu, Inc.
Termination of a Material Definitive Agreement · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Other Events
Items 1.02, 5.02, 8.01
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Items 3.01
10-Q filing
Show 5 more recent filings
4/A filing
10-K/A filing
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Items 3.01
Material Modification to Rights of Security Holders · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Items 3.03, 5.03, 9.01
Other Events
Items 8.01, 9.01
Financials
FY 2024 · USDSource
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balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 8,478,000Source | 13,259,000Source | 7,038,000Source | 4,613,000Source |
| Property, Plant and Equipment, NetUSD | 1,753,000Source | 3,865,000Source | 2,441,000Source | 980,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | — | — | 10,000Source | 11,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 2,667,000Source | 2,846,000Source | 2,701,000Source | 3,146,000Source |
| Assets, CurrentUSD | 4,418,000Source | 4,095,000Source | 3,667,000Source | 3,436,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 1,034,000Source | 999,000Source | 966,000Source | 290,000Source |
| Operating Lease, Right-of-Use AssetUSD | 320,000Source | 1,507,000Source | 798,000Source | — |
| Other Assets, NoncurrentUSD | — | 772,000Source | — | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 2,446,000Source | 6,595,000Source | 16,086,000Source | 813,000Source |
| Stockholders’ equity: | ||||
| Additional Paid in CapitalUSD | 289,415,000Source | 266,302,000Source | 209,564,000Source | 151,733,000Source |
| Retained Earnings (Accumulated Deficit)USD | -283,386,000Source | -259,638,000Source | -218,616,000Source | -147,936,000Source |
| Stockholders' Equity Attributable to ParentUSD | 6,032,000Source | 6,664,000Source | -9,048,000Source | 3,802,000Source |
| Liabilities and EquityUSD | 8,478,000Source | 13,259,000Source | 7,038,000Source | 4,613,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 2,427,000Source | 5,609,000Source | 4,243,000Source | 709,000Source |
| Operating Lease, Liability, CurrentUSD | 782,000Source | 864,000Source | 344,000Source | — |
| Accounts Payable, CurrentUSD | — | — | 1,523,000Source | 66,000Source |
| Operating Lease, Liability, NoncurrentUSD | — | 688,000Source | 558,000Source | — |
| Other Liabilities, NoncurrentUSD | — | 233,000Source | — | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | — | — | 1,686,000Source | 167,000Source |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -23,748,000Source | 40,178,000Source | -70,681,000Source | -133,736,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 834,000Source | 689,000Source | 348,000Source | 89,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 8,440,000Source | 19,710,000Source | — | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | — | 784,000Source | — | — |
| Increase (Decrease) in Accounts PayableUSD | — | — | 1,211,000Source | -56,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -12,078,000Source | -27,991,000Source | -23,450,000Source | -11,188,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -1,335,000Source | -1,670,000Source | -1,557,000Source | -1,031,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 1,868,000Source | 2,217,000Source | — | — |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 13,234,000Source | 29,806,000Source | 24,562,000Source | 15,322,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 2,667,000Source | 2,846,000Source | 2,701,000Source | 3,146,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | 6,000Source | 7,000Source | 1,000Source |
| Income Taxes Paid, NetUSD | 2,000Source | 1,000Source | — | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | 41,500,000Source | 123,200,000Source |
| Amortization of Intangible AssetsUSD | — | — | 1,000Source | 1,000Source |
| DepreciationUSD | 800,000Source | 600,000Source | 348,000Source | 89,000Source |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | -847,000Source | — | — | — |
| Gain (Loss) on Disposition of AssetsUSD | — | 18,000Source | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | 18,000Source | — | — |
| General and Administrative ExpenseUSD | 21,735,000Source | 15,529,000Source | 12,353,000Source | 3,329,000Source |
| Inventory Write-downUSD | — | 896,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -23,748,000Source | -40,178,000Source | -70,681,000Source | -133,736,000Source |
| Nonoperating Income (Expense)USD | -1,038,000Source | 7,223,000Source | -1,881,000Source | -55,000Source |
| Operating ExpensesUSD | 22,633,000Source | 46,868,000Source | 68,800,000Source | 133,681,000Source |
| Operating Lease, ExpenseUSD | 1,268,000Source | 654,000Source | 335,000Source | 457,000Source |
| Operating Lease, Impairment LossUSD | 550,000Source | — | — | — |
| Other Nonoperating Income (Expense)USD | 152,000Source | 33,000Source | -7,000Source | — |
| Proceeds from Issuance of Common StockUSD | — | — | 15,302,000Source | 14,925,000Source |
| Proceeds from Stock Options ExercisedUSD | 136,000Source | 547,000Source | 260,000Source | — |
| Share-based Payment Arrangement, Expensed and Capitalized, AmountUSD | — | — | 41,502,000Source | 123,245,000Source |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total RevenueUSD | 18,000Source | 496,000Source | — | — |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -22,710,000Source | -47,401,000Source | -68,800,000Source | -133,681,000Source |
| Other Nonoperating Income (Expense)USD | 152,000Source | 33,000Source | -7,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | -23,748,000Source | -40,178,000Source | -70,681,000Source | -133,736,000Source |
| Earnings Per Share, BasicUSD per share | -1.88Source | -72.16Source | 8.88Source | 10.77Source |
| Earnings Per Share, DilutedUSD per share | -1.88Source | -72.16Source | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 12,636,240Source | 556,826Source | 7,961,009Source | 12,417,226Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 12,636,240Source | 556,826Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | — | 1,000Source | 1,000Source |
| Cost of Goods and Service, Excluding Depreciation, Depletion, and AmortizationUSD | 15,000Source | 1,015,000Source | — | — |
| Current Income Tax Expense (Benefit)USD | 5,500,000Source | — | 14,900,000Source | — |
| General and Administrative ExpenseUSD | 21,735,000Source | 15,529,000Source | 12,353,000Source | 3,329,000Source |
| Gross ProfitUSD | -77,000Source | -533,000Source | — | — |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | — | — | -8.88Source | -10.77Source |
| Interest ExpenseUSD | — | 73,000Source | — | — |
| Interest Income (Expense), NetUSD | 72,000Source | — | — | — |
| Labor and Related ExpenseUSD | — | — | 8,600,000Source | 2,100,000Source |
| Marketing and Advertising ExpenseUSD | — | — | — | 2,700,000Source |
| Nonoperating Income (Expense)USD | -1,038,000Source | 7,223,000Source | -1,881,000Source | -55,000Source |
| Operating ExpensesUSD | 22,633,000Source | 46,868,000Source | 68,800,000Source | 133,681,000Source |
| Operating Lease, ExpenseUSD | 1,268,000Source | 654,000Source | 335,000Source | 457,000Source |
| Other ExpensesUSD | — | 1,020,000Source | — | — |
| Other General and Administrative ExpenseUSD | — | — | 12,400,000Source | 3,300,000Source |
| Other IncomeUSD | — | — | 166,000Source | -55,000Source |
| Other Operating IncomeUSD | — | — | 397,000Source | — |
| Research and Development ExpenseUSD | 825,000Source | 11,310,000Source | 9,648,000Source | 4,429,000Source |
| Share-based Payment Arrangement, Expensed and Capitalized, AmountUSD | — | — | 41,502,000Source | 123,245,000Source |
Offerings
Registration 333-283114
Registration 333-284086
Filing attachments
ex99_1.htm · 8-K · 2025-03-27
EX-99.1 2 ex99_1.htm EXHIBIT 99.1 Exhibit 99.1 Press Release FOR RELEASE ON: March 27, 2025 Nxu, Inc. Announces 1-for-20 Reverse Stock Split MESA, Ariz., March 27, 2025 - Nxu, Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company focused on energy storage and charging solutions for the infrastructure we need to power our electrified future, today announced a planned reverse stock split of its shares of Class A common stock (the “common stock”) at a ratio of 1-for-20. …
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