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Company research

Thunder Power Holdings, Inc.

CIK 1912582Updated Sep 24, 2026

Name history
Feutune Light Acquisition Corp · through Jun 21, 2024

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About the company

Thunder Power is a technology innovator and a developer of innovative electric vehicles (“EVs”). The Company has developed several proprietary technologies, which are the building blocks of the Thunder Power family of EVs. The Company is focused on design and development of high-performance EVs, targeting markets initially in Asia & Europe. Thunder Power’s acquisition strategy is focused on addressing strategic gaps in the EV sector combined with a diversified approach across the clean energy value chain. For more information, please visit: https://aiev.ai/.

8-K · 2026-04-14 · 0001213900-26-043453

Company description from the cited filing.

In the news

SEC disclosures

Financials

FY 2025 · USD
Revenue— · FY 2025
Net income-2,119,417USD · FY 2025
Source

10-K · 2026-04-07 · 0001213900-26-041108

2025-01-01 to 2025-12-31

Cash— · FY 2025
Operating income— · FY 2025
Diluted EPS-0.04USD per share · FY 2025
Source

10-K · 2026-04-07 · 0001213900-26-041108

2025-01-01 to 2025-12-31

Some figures are unavailable for this reporting year.

balance sheet · annual statements
Line itemFY 2025FY 2024FY 2023FY 2022
ASSETS
AssetsUSD13,172,567
Source

10-K · 2026-04-07 · 0001213900-26-041108

As of 2025-12-31

13,555,059
Source

10-K · 2025-03-31 · 0001213900-25-026239

As of 2024-12-31

54,139,686
Source

10-K · 2024-03-06 · 0001213900-24-020453

As of 2023-12-31

101,240,621
Source

10-K · 2023-03-31 · 0001213900-23-024918

As of 2022-12-31

Current assets:
Cash and Cash Equivalents, at Carrying ValueUSD——18,330
Source

10-K · 2024-03-06 · 0001213900-24-020453

As of 2023-12-31

546,632
Source

10-K · 2023-03-31 · 0001213900-23-024918

As of 2022-12-31

Assets, CurrentUSD13,154,702
Source

10-K · 2026-04-07 · 0001213900-26-041108

As of 2025-12-31

13,550,445
Source

10-K · 2025-03-31 · 0001213900-25-026239

As of 2024-12-31

64,056
Source

10-K · 2024-03-06 · 0001213900-24-020453

As of 2023-12-31

715,123
Source

10-K · 2023-03-31 · 0001213900-23-024918

As of 2022-12-31

Prepaid Expense and Other Assets, CurrentUSD28,712
Source

10-K · 2026-04-07 · 0001213900-26-041108

As of 2025-12-31

67,865
Source

10-K · 2025-03-31 · 0001213900-25-026239

As of 2024-12-31

——
Operating Lease, Right-of-Use AssetUSD17,865
Source

10-K · 2026-04-07 · 0001213900-26-041108

As of 2025-12-31

4,614
Source

10-K · 2025-03-31 · 0001213900-25-026239

As of 2024-12-31

——
LIABILITIES AND EQUITY
LiabilitiesUSD8,356,819
Source

10-K · 2026-04-07 · 0001213900-26-041108

As of 2025-12-31

7,031,432
Source

10-K · 2025-03-31 · 0001213900-25-026239

As of 2024-12-31

6,255,643
Source

10-K · 2024-03-06 · 0001213900-24-020453

As of 2023-12-31

3,966,197
Source

10-K/A · 2023-08-18 · 0001213900-23-068987

As of 2022-12-31

Stockholders’ equity:
Common Stock, Value, IssuedUSD5,073
Source

10-K · 2026-04-07 · 0001213900-26-041108

As of 2025-12-31

5,073
Source

10-K · 2025-03-31 · 0001213900-25-026239

As of 2024-12-31

—56
Source

10-Q · 2023-05-15 · 0001213900-23-039231

As of 2022-12-31

Additional Paid in CapitalUSD———56
Source

10-K · 2023-03-31 · 0001213900-23-024918

As of 2022-12-31

Retained Earnings (Accumulated Deficit)USD-39,051,663
Source

10-K · 2026-04-07 · 0001213900-26-041108

As of 2025-12-31

-36,932,246
Source

10-K · 2025-03-31 · 0001213900-25-026239

As of 2024-12-31

-6,119,758
Source

10-K · 2024-03-06 · 0001213900-24-020453

As of 2023-12-31

-2,798,202
Source

10-K · 2023-03-31 · 0001213900-23-024918

As of 2022-12-31

Accumulated Other Comprehensive Income (Loss), Net of TaxUSD180
Source

10-K · 2026-04-07 · 0001213900-26-041108

As of 2025-12-31

133
Source

10-K · 2025-03-31 · 0001213900-25-026239

As of 2024-12-31

——
Stockholders' Equity Attributable to ParentUSD4,815,748
Source

10-K · 2026-04-07 · 0001213900-26-041108

As of 2025-12-31

6,523,627
Source

10-K · 2025-03-31 · 0001213900-25-026239

As of 2024-12-31

-6,119,458
Source

10-K · 2024-03-06 · 0001213900-24-020453

As of 2023-12-31

-2,797,902
Source

10-K · 2023-03-31 · 0001213900-23-024918

As of 2022-12-31

Additional Paid in Capital, Common StockUSD43,862,158
Source

10-K · 2026-04-07 · 0001213900-26-041108

As of 2025-12-31

43,450,667
Source

10-K · 2025-03-31 · 0001213900-25-026239

As of 2024-12-31

——
Liabilities and EquityUSD13,172,567
Source

10-K · 2026-04-07 · 0001213900-26-041108

As of 2025-12-31

13,555,059
Source

10-K · 2025-03-31 · 0001213900-25-026239

As of 2024-12-31

54,139,686
Source

10-K · 2024-03-06 · 0001213900-24-020453

As of 2023-12-31

101,240,621
Source

10-K · 2023-03-31 · 0001213900-23-024918

As of 2022-12-31

Current liabilities:
Liabilities, CurrentUSD8,355,116
Source

10-K · 2026-04-07 · 0001213900-26-041108

As of 2025-12-31

7,031,432
Source

10-K · 2025-03-31 · 0001213900-25-026239

As of 2024-12-31

2,834,393
Source

10-K · 2024-03-06 · 0001213900-24-020453

As of 2023-12-31

544,947
Source

10-K/A · 2023-08-18 · 0001213900-23-068987

As of 2022-12-31

Operating Lease, Liability, CurrentUSD14,877
Source

10-K · 2026-04-07 · 0001213900-26-041108

As of 2025-12-31

3,455
Source

10-K · 2025-03-31 · 0001213900-25-026239

As of 2024-12-31

——
Operating Lease, Liability, NoncurrentUSD1,703
Source

10-K · 2026-04-07 · 0001213900-26-041108

As of 2025-12-31

———
Deferred Income Tax Liabilities, NetUSD———68,352
Source

10-K · 2023-03-31 · 0001213900-23-024918

As of 2022-12-31

Additional Financial Items
Accrued Liabilities, CurrentUSD——97,513
Source

10-K · 2024-03-06 · 0001213900-24-020453

As of 2023-12-31

91,776
Source

10-K · 2023-03-31 · 0001213900-23-024918

As of 2022-12-31

Deferred Tax Liabilities, NetUSD———68,352
Source

10-K · 2023-03-31 · 0001213900-23-024918

As of 2022-12-31

Short-term InvestmentsUSD933
Source

10-K · 2026-04-07 · 0001213900-26-041108

As of 2025-12-31

———

Lines labelled “Derived” are calculated from reported figures.

cash flow · annual statements
Line itemFY 2025FY 2024FY 2023FY 2022
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Share-based Payment Arrangement, Noncash ExpenseUSD—1,007,712
Source

10-K · 2025-03-31 · 0001213900-25-026239

2024-01-01 to 2024-12-31

——
Deferred Income Tax Expense (Benefit)USD———68,352
Source

10-K · 2023-03-31 · 0001213900-23-024918

2022-01-19 to 2022-12-31

Net Cash Provided by (Used in) Operating ActivitiesUSD-1,514,036
Source

10-K · 2026-04-07 · 0001213900-26-041108

2025-01-01 to 2025-12-31

-1,227,253
Source

10-K · 2025-03-31 · 0001213900-25-026239

2024-01-01 to 2024-12-31

-2,579,809
Source

10-K · 2024-03-06 · 0001213900-24-020453

2023-01-01 to 2023-12-31

-528,176
Source

10-K · 2023-03-31 · 0001213900-23-024918

2022-01-19 to 2022-12-31

Cash flows from investing activities:
Net Cash Provided by (Used in) Investing ActivitiesUSD-1,400
Source

10-K · 2026-04-07 · 0001213900-26-041108

2025-01-01 to 2025-12-31

929,302
Source

10-K · 2025-03-31 · 0001213900-25-026239

2024-01-01 to 2024-12-31

50,114,072
Source

10-K · 2024-03-06 · 0001213900-24-020453

2023-01-01 to 2023-12-31

-99,216,250
Source

10-K · 2023-03-31 · 0001213900-23-024918

2022-01-19 to 2022-12-31

Cash flows from financing activities:
Payments for Repurchase of Common StockUSD——50,225,065
Source

10-K · 2024-03-06 · 0001213900-24-020453

2023-01-01 to 2023-12-31

—
Net Cash Provided by (Used in) Financing ActivitiesUSD1,473,264
Source

10-K · 2026-04-07 · 0001213900-26-041108

2025-01-01 to 2025-12-31

153,660
Source

10-K · 2025-03-31 · 0001213900-25-026239

2024-01-01 to 2024-12-31

-48,062,565
Source

10-K · 2024-03-06 · 0001213900-24-020453

2023-01-01 to 2023-12-31

100,291,058
Source

10-K · 2023-03-31 · 0001213900-23-024918

2022-01-19 to 2022-12-31

Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD-42,523
Source

10-K · 2026-04-07 · 0001213900-26-041108

2025-01-01 to 2025-12-31

-144,291
Source

10-K · 2025-03-31 · 0001213900-25-026239

2024-01-01 to 2024-12-31

——
Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD10,093
Source

10-K · 2026-04-07 · 0001213900-26-041108

As of 2025-12-31

52,616
Source

10-K · 2025-03-31 · 0001213900-25-026239

As of 2024-12-31

18,330
Source

10-K · 2024-03-06 · 0001213900-24-020453

As of 2023-12-31

546,632
Source

10-K · 2023-03-31 · 0001213900-23-024918

As of 2022-12-31

Additional Financial Items
DepreciationUSD—1,974
Source

10-K · 2025-03-31 · 0001213900-25-026239

2024-01-01 to 2024-12-31

——
Foreign Currency Transaction Gain (Loss), before TaxUSD92
Source

10-K · 2026-04-07 · 0001213900-26-041108

2025-01-01 to 2025-12-31

-212
Source

10-K · 2025-03-31 · 0001213900-25-026239

2024-01-01 to 2024-12-31

——
Gain (Loss) on Sale of InvestmentsUSD-818
Source

10-K · 2026-04-07 · 0001213900-26-041108

2025-01-01 to 2025-12-31

———
General and Administrative ExpenseUSD1,917,739
Source

10-K · 2026-04-07 · 0001213900-26-041108

2025-01-01 to 2025-12-31

2,502,190
Source

10-K · 2025-03-31 · 0001213900-25-026239

2024-01-01 to 2024-12-31

——
Income Tax Expense (Benefit)USD——1,077,692
Source

10-K · 2024-03-06 · 0001213900-24-020453

2023-01-01 to 2023-12-31

396,253
Source

10-K/A · 2023-08-18 · 0001213900-23-068987

2022-01-19 to 2022-12-31

Investment Income, InterestUSD—51
Source

10-K · 2025-03-31 · 0001213900-25-026239

2024-01-01 to 2024-12-31

3,664,204
Source

10-K · 2024-03-06 · 0001213900-24-020453

2023-01-01 to 2023-12-31

1,309,248
Source

10-K · 2023-03-31 · 0001213900-23-024918

2022-01-19 to 2022-12-31

Net Income (Loss) Attributable to ParentUSD-2,119,417
Source

10-K · 2026-04-07 · 0001213900-26-041108

2025-01-01 to 2025-12-31

-2,502,351
Source

10-K · 2025-03-31 · 0001213900-25-026239

2024-01-01 to 2024-12-31

1,336,935
Source

10-K · 2024-03-06 · 0001213900-24-020453

2023-01-01 to 2023-12-31

404,616
Source

10-K/A · 2023-08-18 · 0001213900-23-068987

2022-01-19 to 2022-12-31

Nonoperating Income (Expense)USD-201,678
Source

10-K · 2026-04-07 · 0001213900-26-041108

2025-01-01 to 2025-12-31

-161
Source

10-K · 2025-03-31 · 0001213900-25-026239

2024-01-01 to 2024-12-31

——
Operating Costs and ExpensesUSD——1,167,531
Source

10-K · 2024-03-06 · 0001213900-24-020453

2023-01-01 to 2023-12-31

451,461
Source

10-K · 2023-03-31 · 0001213900-23-024918

2022-01-19 to 2022-12-31

Operating ExpensesUSD1,917,739
Source

10-K · 2026-04-07 · 0001213900-26-041108

2025-01-01 to 2025-12-31

2,502,190
Source

10-K · 2025-03-31 · 0001213900-25-026239

2024-01-01 to 2024-12-31

——
Operating Lease, ExpenseUSD—27,681
Source

10-K · 2025-03-31 · 0001213900-25-026239

2024-01-01 to 2024-12-31

——
Payments to Acquire InvestmentsUSD——1,453
Source

10-K · 2024-03-06 · 0001213900-24-020453

2023-01-01 to 2023-12-31

99,216,250
Source

10-K · 2023-03-31 · 0001213900-23-024918

2022-01-19 to 2022-12-31

Proceeds from Issuance of Common StockUSD———25,000
Source

10-K · 2023-03-31 · 0001213900-23-024918

2022-01-19 to 2022-12-31

Lines labelled “Derived” are calculated from reported figures.

income statement · annual statements
Line itemFY 2025FY 2024FY 2023FY 2022
Operating Income (Loss)USD——-1,249,577
Source

10-K · 2024-03-06 · 0001213900-24-020453

2023-01-01 to 2023-12-31

-508,379
Source

10-K · 2023-03-31 · 0001213900-23-024918

2022-01-19 to 2022-12-31

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD-2,119,417
Source

10-K · 2026-04-07 · 0001213900-26-041108

2025-01-01 to 2025-12-31

-2,502,351
Source

10-K · 2025-03-31 · 0001213900-25-026239

2024-01-01 to 2024-12-31

2,414,627
Source

10-K · 2024-03-06 · 0001213900-24-020453

2023-01-01 to 2023-12-31

800,869
Source

10-K · 2023-03-31 · 0001213900-23-024918

2022-01-19 to 2022-12-31

Income Tax Expense (Benefit)USD——1,077,692
Source

10-K · 2024-03-06 · 0001213900-24-020453

2023-01-01 to 2023-12-31

396,253
Source

10-K/A · 2023-08-18 · 0001213900-23-068987

2022-01-19 to 2022-12-31

Net Income (Loss) Attributable to ParentUSD-2,119,417
Source

10-K · 2026-04-07 · 0001213900-26-041108

2025-01-01 to 2025-12-31

-2,502,351
Source

10-K · 2025-03-31 · 0001213900-25-026239

2024-01-01 to 2024-12-31

1,336,935
Source

10-K · 2024-03-06 · 0001213900-24-020453

2023-01-01 to 2023-12-31

404,616
Source

10-K/A · 2023-08-18 · 0001213900-23-068987

2022-01-19 to 2022-12-31

Earnings Per Share, BasicUSD per share-0.04
Source

10-K · 2026-04-07 · 0001213900-26-041108

2025-01-01 to 2025-12-31

-0.06
Source

10-K · 2025-03-31 · 0001213900-25-026239

2024-01-01 to 2024-12-31

0.3
Source

10-K · 2024-03-06 · 0001213900-24-020453

2023-01-01 to 2023-12-31

-1.25
Source

10-K/A · 2023-08-18 · 0001213900-23-068987

2022-01-19 to 2022-12-31

Earnings Per Share, DilutedUSD per share-0.04
Source

10-K · 2026-04-07 · 0001213900-26-041108

2025-01-01 to 2025-12-31

-0.06
Source

10-K · 2025-03-31 · 0001213900-25-026239

2024-01-01 to 2024-12-31

0.3
Source

10-K · 2024-03-06 · 0001213900-24-020453

2023-01-01 to 2023-12-31

-1.25
Source

10-K/A · 2023-08-18 · 0001213900-23-068987

2022-01-19 to 2022-12-31

Weighted Average Number of Shares Outstanding, Basicshares50,724,664
Source

10-K · 2026-04-07 · 0001213900-26-041108

2025-01-01 to 2025-12-31

44,736,947
Source

10-K · 2025-03-31 · 0001213900-25-026239

2024-01-01 to 2024-12-31

7,240,883
Source

10-K · 2024-03-06 · 0001213900-24-020453

2023-01-01 to 2023-12-31

2,614,542
Source

10-K/A · 2023-08-18 · 0001213900-23-068987

2022-01-19 to 2022-12-31

Weighted Average Number of Shares Outstanding, Dilutedshares50,724,664
Source

10-K · 2026-04-07 · 0001213900-26-041108

2025-01-01 to 2025-12-31

44,736,947
Source

10-K · 2025-03-31 · 0001213900-25-026239

2024-01-01 to 2024-12-31

7,240,883
Source

10-K · 2024-03-06 · 0001213900-24-020453

2023-01-01 to 2023-12-31

2,614,542
Source

10-K/A · 2023-08-18 · 0001213900-23-068987

2022-01-19 to 2022-12-31

Additional Financial Items
Foreign Currency Transaction Gain (Loss), before TaxUSD92
Source

10-K · 2026-04-07 · 0001213900-26-041108

2025-01-01 to 2025-12-31

-212
Source

10-K · 2025-03-31 · 0001213900-25-026239

2024-01-01 to 2024-12-31

——
General and Administrative ExpenseUSD1,917,739
Source

10-K · 2026-04-07 · 0001213900-26-041108

2025-01-01 to 2025-12-31

2,502,190
Source

10-K · 2025-03-31 · 0001213900-25-026239

2024-01-01 to 2024-12-31

——
Interest Income (Expense), Nonoperating, NetUSD-200,946
Source

10-K · 2026-04-07 · 0001213900-26-041108

2025-01-01 to 2025-12-31

———
Interest Income, OtherUSD———1,309,248
Source

10-K · 2023-03-31 · 0001213900-23-024918

2022-01-19 to 2022-12-31

Investment Income, InterestUSD—51
Source

10-K · 2025-03-31 · 0001213900-25-026239

2024-01-01 to 2024-12-31

3,664,204
Source

10-K · 2024-03-06 · 0001213900-24-020453

2023-01-01 to 2023-12-31

1,309,248
Source

10-K · 2023-03-31 · 0001213900-23-024918

2022-01-19 to 2022-12-31

Nonoperating Income (Expense)USD-201,678
Source

10-K · 2026-04-07 · 0001213900-26-041108

2025-01-01 to 2025-12-31

-161
Source

10-K · 2025-03-31 · 0001213900-25-026239

2024-01-01 to 2024-12-31

——
Operating Costs and ExpensesUSD——1,167,531
Source

10-K · 2024-03-06 · 0001213900-24-020453

2023-01-01 to 2023-12-31

451,461
Source

10-K · 2023-03-31 · 0001213900-23-024918

2022-01-19 to 2022-12-31

Operating ExpensesUSD1,917,739
Source

10-K · 2026-04-07 · 0001213900-26-041108

2025-01-01 to 2025-12-31

2,502,190
Source

10-K · 2025-03-31 · 0001213900-25-026239

2024-01-01 to 2024-12-31

——
Operating Lease, ExpenseUSD—27,681
Source

10-K · 2025-03-31 · 0001213900-25-026239

2024-01-01 to 2024-12-31

——

Lines labelled “Derived” are calculated from reported figures.

Filing attachments

ea029570901ex99-1.htm · 8-K · 2026-07-17

EX-99.1 5 ea029570901ex99-1.htm PRESS RELEASE, DATED JULY 17, 2026 Exhibit 99.1 Thunder Power Holdings, Inc. Announces Reincorporation in the State of Nevada KOWLOON, Hong Kong., July 17, 2026 (PRNewswire) -- Thunder Power Holdings, Inc. (OTCQB:“AIEV”) (“Thunder Power” or “the Company”), a technology innovator and developer of premium passenger Electric Vehicles (EVs), today announced that the Company has reincorporated in the State of Nevada from the State of Delaware (the “Reincorporatio…

8-K · 2026-07-17 · 0001213900-26-078968

Read attachment ↗
ea028630901ex99-1.htm · 8-K · 2026-04-14

EX-99.1 2 ea028630901ex99-1.htm PRESS RELEASE, DATED APRIL 13, 2026 Exhibit 99.1 News Release Thunder Power Holdings, Inc. Announces Completion of Share Exchange with Electric Power Technology Limited Strategic closing delivers recurring clean energy revenue streams, diversifies the Company’s revenue profile, and strengthens long-term growth amid disciplined cost management Wilmington, DE - April 13, 2026 - Thunder Power Holdings, Inc. (OTCQB: AIEV) (“Thunder Power” or the “Company”…

8-K · 2026-04-14 · 0001213900-26-043453

Read attachment ↗