Company research
Luminar Technologies, Inc./DE
CIK 1758057Updated Sep 24, 2026
SecurityLAZRQ · OTC · equity
Name history
Gores Metropoulos, Inc. · through Dec 2, 2020
LAZRQ price & chart
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SEC disclosures
Recent filings
15-12G filing
Bankruptcy or Receivership · Unregistered Sales of Equity Securities · Material Modification to Rights of Security Holders · Changes in Control of Registrant · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 1.03, 3.02, 3.03, 5.01, 5.02, 9.01
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 131,343,000Source | 365,213,000Source | 512,367,000Source | 687,327,000Source |
| Property, Plant and Equipment, NetUSD | 34,950,000Source | 52,281,000Source | 66,300,000Source | 30,260,000Source |
| GoodwillUSD | 1,750,000Source | 3,994,000Source | 7,390,000Source | 18,816,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 10,017,000Source | 15,556,000Source | 22,994,000Source | 22,077,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 20,259,000Source | 82,840,000Source | 139,095,000Source | 69,552,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 5,960,000Source | 14,272,000Source | 14,124,000Source | 11,172,000Source |
| Inventory, NetUSD | 6,656,000Source | 14,908,000Source | 12,196,000Source | 8,792,000Source |
| Assets, CurrentUSD | 56,936,000Source | 245,227,000Source | 350,621,000Source | 554,586,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 20,063,000Source | 31,498,000Source | 32,950,000Source | 44,203,000Source |
| Operating Lease, Right-of-Use AssetUSD | 14,115,000Source | 31,479,000Source | 42,706,000Source | 21,244,000Source |
| Other Assets, NoncurrentUSD | 13,575,000Source | 16,676,000Source | 22,356,000Source | 40,344,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 608,342,000Source | 586,002,000Source | 737,115,000Source | 713,732,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | — | — | — |
| Additional Paid in CapitalUSD | 2,315,081,000Source | 2,204,814,000Source | 1,927,378,000Source | 1,558,685,000Source |
| Retained Earnings (Accumulated Deficit)USD | -2,479,137,000Source | -2,112,835,000Source | -1,839,695,000Source | -1,268,426,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -474,000Source | -295,000Source | 2,000Source | -4,226,000Source |
| Stockholders' Equity Attributable to ParentUSD | -476,999,000Source | -220,789,000Source | -224,748,000Source | -26,405,000Source |
| Liabilities and EquityUSD | 131,343,000Source | 365,213,000Source | 512,367,000Source | 687,327,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 137,111,000Source | 60,588,000Source | 83,872,000Source | 77,541,000Source |
| Operating Lease, Liability, CurrentUSD | 2,035,000Source | 10,049,000Source | 10,154,000Source | 5,953,000Source |
| Accounts Payable, CurrentUSD | 4,741,000Source | 18,972,000Source | 21,113,000Source | 18,626,000Source |
| Operating Lease, Liability, NoncurrentUSD | 3,674,000Source | 24,083,000Source | 35,079,000Source | 16,989,000Source |
| Other Liabilities, NoncurrentUSD | 184,000Source | 815,000Source | 1,667,000Source | 4,005,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 19,430,000Source | 31,567,000Source | 52,605,000Source | 52,962,000Source |
| Deferred Tax Liabilities, NetUSD | 0Source | 0Source | 0Source | 68,000Source |
| Long-term Debt, Current MaturitiesUSD | 110,905,000Source | — | — | — |
| Long-term Debt, Excluding Current MaturitiesUSD | 0Source | 500,516,000Source | — | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 16,969,000Source | 25,255,000Source | 26,624,000Source | 6,566,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 8,706,000Source | 139,135,000Source | 207,132,000Source | 162,405,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -8,312,000Source | -916,000Source | 2,951,000Source | -5,144,000Source |
| Increase (Decrease) in InventoriesUSD | 4,866,000Source | 19,306,000Source | 22,951,000Source | 10,477,000Source |
| Increase (Decrease) in Accounts PayableUSD | 14,436,000Source | -2,639,000Source | 3,657,000Source | 5,301,000Source |
| Deferred Income Tax Expense (Benefit)USD | 0Source | -582,000Source | -64,000Source | 232,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -196,454,000Source | -276,630,000Source | -247,304,000Source | -208,232,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | -242,000Source | — | — | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 96,811,000Source | 42,463,000Source | 236,626,000Source | 27,986,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 2,021,000Source | 5,090,000Source | 21,915,000Source | 15,614,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 1,054,000Source | 1,997,000Source | 2,137,000Source | 3,730,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 36,598,000Source | 178,265,000Source | 80,197,000Source | -79,351,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | — | — | 0Source | 0Source |
| Repayments of Long-term DebtUSD | — | — | 0Source | 0Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -63,045,000Source | -55,902,000Source | 69,519,000Source | -259,597,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 21,677,000Source | 84,722,000Source | 140,624,000Source | 71,105,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 29,479,000Source | 14,837,000Source | 7,813,000Source | 7,769,000Source |
| Income Taxes Paid, NetUSD | 479,000Source | — | — | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 8,706,000Source | 139,135,000Source | 207,132,000Source | 162,405,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 7,955,000Source | 4,938,000Source | 3,236,000Source | 3,236,000Source |
| Amortization of Intangible AssetsUSD | 4,064,000Source | 4,188,000Source | 4,323,000Source | 2,237,000Source |
| DepreciationUSD | — | 21,100,000Source | 22,300,000Source | 4,300,000Source |
| Gain (Loss) on Sale of InvestmentsUSD | 2,908,000Source | — | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -166,000Source | 51,000Source | -1,522,000Source | 0Source |
| Gain (Loss) on Extinguishment of DebtUSD | 22,303,000Source | 148,660,000Source | — | 0Source |
| General and Administrative ExpenseUSD | 25,968,000Source | 115,771,000Source | 159,815,000Source | 158,162,000Source |
| GoodwillUSD | 1,750,000Source | 3,994,000Source | 7,390,000Source | 18,816,000Source |
| Goodwill and Intangible Asset ImpairmentUSD | 3,719,000Source | 6,647,000Source | 15,489,000Source | — |
| Goodwill, Impairment LossUSD | — | 3,396,000Source | — | 0Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | 1,475,000Source | 3,250,000Source | 3,000,000Source | 0Source |
| Income Tax Expense (Benefit)USD | 338,000Source | -743,000Source | 1,696,000Source | 672,000Source |
| InterestExpenseNonoperatingUSD | 48,190,000Source | 27,032,000Source | — | — |
| Inventory Write-downUSD | 12,820,000Source | 20,133,000Source | 19,547,000Source | 12,154,000Source |
| Net Income (Loss) Attributable to ParentUSD | -366,302,000Source | -273,140,000Source | -571,269,000Source | -445,939,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -378,122,000Source | -273,140,000Source | -571,269,000Source | -445,939,000Source |
| Nonoperating Income (Expense)USD | -22,814,000Source | 161,154,000Source | -6,265,000Source | -2,865,000Source |
| Operating ExpensesUSD | 218,583,000Source | 409,347,000Source | 490,618,000Source | 382,117,000Source |
| Payments to Acquire InvestmentsUSD | 0Source | 0Source | 10,000,000Source | 12,588,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | 1,271,000Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | 128,120,000Source | 177,932,000Source | 520,286,000Source | 367,367,000Source |
| Proceeds from Stock Options ExercisedUSD | 0Source | 548,000Source | 3,061,000Source | 3,986,000Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | 2,186,000Source | — | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 66,014,000Source | 75,395,000Source | 69,779,000Source | 40,698,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -296,801,000Source | -435,037,000Source | -563,308,000Source | -442,402,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -365,964,000Source | -273,883,000Source | -569,573,000Source | -445,267,000Source |
| Income Tax Expense (Benefit)USD | 338,000Source | -743,000Source | 1,696,000Source | 672,000Source |
| Net Income (Loss) Attributable to ParentUSD | -366,302,000Source | -273,140,000Source | -571,269,000Source | -445,939,000Source |
| Earnings Per Share, BasicUSD per share | -6.33Source | -8.7Source | -1.47Source | -1.25Source |
| Earnings Per Share, DilutedUSD per share | -6.33Source | -8.7Source | -1.47Source | -1.25Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 59,699,261Source | 31,404,616Source | 389,373,659Source | 356,265,774Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 59,699,261Source | 31,404,616Source | 389,373,659Source | 356,265,774Source |
| Interest Expense (non-operating)USD | 48,190,000Source | 27,032,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 4,064,000Source | 4,188,000Source | 4,323,000Source | 2,237,000Source |
| Current Income Tax Expense (Benefit)USD | 338,000Source | -161,000Source | 1,760,000Source | 440,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 12,900,000Source | — | — | — |
| General and Administrative ExpenseUSD | 25,968,000Source | 115,771,000Source | 159,815,000Source | 158,162,000Source |
| Goodwill, Impairment LossUSD | — | 3,396,000Source | — | 0Source |
| Gross ProfitUSD | -78,218,000Source | -25,690,000Source | -72,690,000Source | -60,285,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -368,311,000Source | -275,057,000Source | -571,265,000Source | -445,720,000Source |
| Interest ExpenseUSD | — | — | 11,048,000Source | 11,095,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -378,122,000Source | -273,140,000Source | -571,269,000Source | -445,939,000Source |
| Nonoperating Income (Expense)USD | -22,814,000Source | 161,154,000Source | -6,265,000Source | -2,865,000Source |
| Operating ExpensesUSD | 218,583,000Source | 409,347,000Source | 490,618,000Source | 382,117,000Source |
| Preferred Stock Dividends, Income Statement ImpactUSD | 11,820,000Source | — | — | — |
| Research and Development ExpenseUSD | 137,592,000Source | 231,669,000Source | 262,217,000Source | 185,283,000Source |
| Selling and Marketing ExpenseUSD | 16,619,000Source | 45,488,000Source | 53,097,000Source | 38,672,000Source |