{
  "docId": "019de075-a836-764b-8303-d7a55c1c3442",
  "docSlug": "f12332f0440648ee773a012fb9f2fddf",
  "documentTitle": "Innoviz | Results Presentation Deck | 18 slides",
  "authorId": "innoviz",
  "authorName": "Innoviz",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-08-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 14,
  "pageCount": 18,
  "prevPage": 13,
  "nextPage": 15,
  "slideType": "kpi_overview",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 6,
  "notes": "The slide explains the revenue decline YoY as a strategic shift in business model (selling components vs full units).",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de075-a836-764b-8303-d7a55c1c3442/14",
  "deckHref": "/decks/019de075-a836-764b-8303-d7a55c1c3442",
  "deckJsonHref": "/decks/019de075-a836-764b-8303-d7a55c1c3442.json",
  "deckAnchorHref": "/decks/019de075-a836-764b-8303-d7a55c1c3442#slide-14",
  "components": [
    {
      "bbox": {
        "h": 0.7,
        "w": 0.4,
        "x": 0.58,
        "y": 0.15
      },
      "kind": "chart",
      "text": "Revenues for Q2 2023 (YoY and QoQ comparison)",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1b710c29-e3b9-43e4-80e4-dfdad1c77f4d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.5,
        "x": 0.04,
        "y": 0.73
      },
      "kind": "paragraph",
      "text": "2023 Revenue Cadence Outlook – Q3 2023 revenue expected to approximately double versus Q2 2023, with another meaningful increase in Q4 2023",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5d270c7e-b060-4f67-a2a7-77b95b2053ec",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.5,
        "x": 0.04,
        "y": 0.16
      },
      "kind": "paragraph",
      "text": "Liquidity of $130M in cash and cash equivalents, short-term deposits, short term restricted cash and marketable securities as of June 30, 2023. Innoviz operating cash burn in the second quarter of 2023 was within planned budget.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9f008e3b-b3de-4ed9-8b56-b8d2ab32fd1b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.5,
        "x": 0.04,
        "y": 0.35
      },
      "kind": "paragraph",
      "text": "Revenues for 2Q23 were $1.5M, up 45% compared to revenues of $1.0 million in Q1 2023 and down 18% compared to revenues of $1.8 million in Q2 2022. The 45% quarter-over-quarter increase in revenues, was primarily driven by increased unit sales, which grew 47% sequentially. The year-over-year decline in revenues was driven primarily by the progress in the BMW program as it transitioned to volume production at Magna, the Tier-1 on the program. The transition includes a shift from selling full LiDAR units to selling components to Magna at lower production average sales prices.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ce1a415b-0039-416c-b260-0d2e72e17f04",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.45,
        "x": 0.04,
        "y": 0.06
      },
      "kind": "title",
      "text": "Cash Position & Financial Update",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "741d461d-d939-4870-a80c-f2d35caa155b",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 18,
      "from": 11,
      "beatId": "0b903d73-01e5-437c-8c14-5877c8a39d88",
      "arcName": "Monroe's Motivated Sequence",
      "arcSlug": "monroes-sequence",
      "beatName": "Action",
      "beatSlug": "monroes-sequence-action",
      "evidence": "The presentation concludes with a clear call to action and next steps",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [
    {
      "to": 16,
      "from": 11,
      "name": "Quick Win Big Bet",
      "slug": "47-quick-win-big-bet",
      "bestFor": "Transformation planning, 100-day plans, resource allocation",
      "matchId": "9a77137c-6995-407c-8f7d-b448d92d2701",
      "evidence": "The presentation showcases Innoviz's growth strategy and financial progress",
      "position": 1,
      "objective": "The company's strategy for quick wins and big bets",
      "structure": "The Full List -> Quick Wins (Low effort, High impact) -> Big Bets (High effort, High impact) -> Sequenced Roadmap",
      "confidence": 0.6,
      "description": "Separate initiatives into immediate wins and longer-term strategic bets"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}