Company research
AppHarvest, Inc.
CIK 1807707Updated Sep 26, 2026
Securities
Name history
Novus Capital Corp · through Jan 29, 2021
APPH price & chart
Historical security
This listing closed Aug 1, 2023. Live provider charts are shown only for current listings.
In the news
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Recent filings
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Financials
FY 2022 · USDSource
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balance sheet · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| ASSETS | |||
| AssetsUSD | 595,328,000Source | 554,064,000Source | 100,438,065Source |
| GoodwillUSD | — | 0Source | — |
| Current assets: | |||
| Cash and Cash Equivalents, at Carrying ValueUSD | 54,334,000Source | 150,755,000Source | 311,954Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 2,786,000Source | 1,575,000Source | — |
| Inventory, NetUSD | 18,078,000Source | 4,998,000Source | — |
| Assets, CurrentUSD | 114,112,000Source | 188,497,000Source | 389,655Source |
| Prepaid Expense and Other Assets, CurrentUSD | 14,716,000Source | 5,613,000Source | 77,701Source |
| Operating Lease, Right-of-Use AssetUSD | 2,626,000Source | 5,010,000Source | — |
| Other Assets, NoncurrentUSD | 22,412,000Source | 16,644,000Source | — |
| LIABILITIES AND EQUITY | |||
| LiabilitiesUSD | 335,037,000Source | 166,424,000Source | 19,978,188Source |
| Stockholders’ equity: | |||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | — |
| Common Stock, Value, IssuedUSD | 11,000Source | 10,000Source | 341Source |
| Additional Paid in CapitalUSD | 615,452,000Source | 576,895,000Source | 8,458,078Source |
| Retained Earnings (Accumulated Deficit)USD | -363,960,000Source | -187,314,000Source | -46,040,123Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 8,788,000Source | -1,951,000Source | — |
| Stockholders' Equity Attributable to ParentUSD | 260,291,000Source | 387,640,000Source | -46,040,123Source |
| Liabilities and EquityUSD | 595,328,000Source | 554,064,000Source | 100,438,065Source |
| Current liabilities: | |||
| Liabilities, CurrentUSD | 42,968,000Source | 53,237,000Source | 3,078,188Source |
| Operating Lease, Liability, CurrentUSD | 514,000Source | 751,000Source | — |
| Accounts Payable, CurrentUSD | 16,571,000Source | 8,553,000Source | — |
| Operating Lease, Liability, NoncurrentUSD | 2,628,000Source | 4,938,000Source | — |
| Deferred Income Tax Liabilities, NetUSD | 4,925,000Source | 2,418,000Source | — |
| Other Liabilities, NoncurrentUSD | 73,000Source | 1,809,000Source | — |
| Additional Financial Items | |||
| Accrued Liabilities, CurrentUSD | 21,996,000Source | 15,794,000Source | — |
| Deferred Tax Liabilities, NetUSD | 4,925,000Source | 2,418,000Source | — |
| Long-term Debt, Excluding Current Maturities | — | — | — |
| Long-term Debt, Current MaturitiesUSD | 3,685,000Source | 28,020,000Source | — |
| Long-term Debt, Excluding Current MaturitiesUSD | 180,537,000Source | 102,637,000Source | — |
cash flow · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Cash flows from operating activities: | |||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | -17,185,742Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation, Depletion and AmortizationUSD | 16,354,000Source | 10,794,000Source | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 26,918,000Source | 40,910,000Source | — |
| Changes in operating assets and liabilities: | |||
| Increase (Decrease) in Accounts ReceivableUSD | 1,211,000Source | 1,316,000Source | — |
| Increase (Decrease) in InventoriesUSD | 13,079,000Source | 1,611,000Source | — |
| Increase (Decrease) in Accounts PayableUSD | 1,810,000Source | 402,000Source | — |
| Deferred Income Tax Expense (Benefit)USD | 2,507,000Source | 989,000Source | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -86,129,000Source | -103,924,000Source | -583,665Source |
| Cash flows from investing activities: | |||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 0Source | 9,756,000Source | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -179,682,000Source | -315,409,000Source | -100,000,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 170,913,000Source | 177,742,000Source | — |
| Cash flows from financing activities: | |||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 1,572,000Source | 3,216,000Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 168,032,000Source | 573,734,000Source | 100,895,619Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | — | 0Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -97,779,000Source | 154,402,000Source | 311,954Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 78,532,000Source | 176,311,000Source | 311,954Source |
| Additional Financial Items | |||
| Amortization of Intangible AssetsUSD | — | 716,000Source | — |
| DepreciationUSD | 16,110,000Source | 9,573,000Source | — |
| GoodwillUSD | — | 0Source | — |
| Goodwill and Intangible Asset ImpairmentUSD | 0Source | 59,901,000Source | — |
| Goodwill, Impairment LossUSD | — | 50,863,000Source | — |
| Impairment of Intangible Assets, Finite-livedUSD | — | 9,038,000Source | — |
| Income Tax Expense (Benefit)USD | 2,507,000Source | 989,000Source | — |
| Investment Income, InterestUSD | — | — | 48,410Source |
| Net Income (Loss) Attributable to ParentUSD | -176,646,000Source | -166,186,000Source | -17,185,742Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | -3,458,412Source |
| Nonoperating Income (Expense)USD | — | — | -13,601,471Source |
| Operating ExpensesUSD | 131,367,000Source | 167,146,000Source | 3,584,271Source |
| Operating Lease, ExpenseUSD | 868,000Source | 1,485,000Source | — |
| Other Nonoperating Income (Expense)USD | -480,000Source | 448,000Source | — |
| Proceeds from Issuance of Common StockUSD | 12,203,000Source | — | 25,000Source |
| Proceeds from Stock Options ExercisedUSD | 154,000Source | 39,000Source | — |
income statement · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Total RevenueUSD | 14,592,000Source | 9,050,000Source | — |
| Cost of RevenueUSD | 56,995,000Source | 41,938,000Source | — |
| Selling, General and Administrative ExpenseUSD | 81,266,000Source | 107,245,000Source | — |
| Operating Income (Loss)USD | -173,770,000Source | -200,034,000Source | -3,584,271Source |
| Other Nonoperating Income (Expense)USD | -480,000Source | 448,000Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -174,139,000Source | -165,197,000Source | -17,185,742Source |
| Income Tax Expense (Benefit)USD | 2,507,000Source | 989,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | -176,646,000Source | -166,186,000Source | -17,185,742Source |
| Earnings Per Share, BasicUSD per share | -1.69Source | -1.74Source | — |
| Earnings Per Share, DilutedUSD per share | -1.69Source | -1.74Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 104,763,000Source | 95,571,000Source | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 104,763,000Source | 95,571,000Source | — |
| Additional Financial Items | |||
| Amortization of Intangible AssetsUSD | — | 716,000Source | — |
| Goodwill, Impairment LossUSD | — | 50,863,000Source | — |
| Gross ProfitUSD | -42,403,000Source | -32,888,000Source | — |
| Interest Income, OperatingUSD | — | — | 311,954Source |
| Investment Income, InterestUSD | — | — | 48,410Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | -3,458,412Source |
| Nonoperating Income (Expense)USD | — | — | -13,601,471Source |
| Operating ExpensesUSD | 131,367,000Source | 167,146,000Source | 3,584,271Source |
| Operating Lease, ExpenseUSD | 868,000Source | 1,485,000Source | — |
| Restructuring and Related Cost, Incurred CostUSD | 10,050,000Source | — | — |