{
  "docId": "019de516-60ad-70c8-97cf-a9bb492489d4",
  "docSlug": "68c0c1415742c230caa76ceafef6447d",
  "documentTitle": "Energy Vault | Results Presentation Deck | 23 slides",
  "authorId": "energy-vault",
  "authorName": "Energy Vault",
  "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": 19,
  "pageCount": 23,
  "prevPage": 18,
  "nextPage": 20,
  "slideType": "kpi_overview",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 30,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de516-60ad-70c8-97cf-a9bb492489d4/19",
  "deckHref": "/decks/019de516-60ad-70c8-97cf-a9bb492489d4",
  "deckJsonHref": "/decks/019de516-60ad-70c8-97cf-a9bb492489d4.json",
  "deckAnchorHref": "/decks/019de516-60ad-70c8-97cf-a9bb492489d4#slide-19",
  "components": [
    {
      "bbox": {
        "h": 0.39,
        "w": 0.46,
        "x": 0.51,
        "y": 0.26
      },
      "kind": "list",
      "text": "Q2 2023 revenue and gross margin primarily due to advancement on the Company's BESS projects.\nOPEX (excluding stock-based compensation) increased $0.6M versus Q1 2023\nStock-based compensation was $10.1M in Q2, down from $13.7M in Q1.\nSales & Marketing (ex-stock comp) increased $0.5M.\nR&D (ex-stock comp) decreased $0.6M.\nG&A (ex-stock comp) increased $0.6M.\nDecrease in operating loss of $4.6M versus Q1 2023 driven by an increase in gross profit and a decrease in stock-based compensation expense.\nCash balance on June 30 primarily reflects the net loss and change in net working capital and $7.2M for the purchase of property and equipment.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2e53564b-8c18-4145-a276-d53bcb5386e8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.13,
        "x": 0.05,
        "y": 0.13
      },
      "kind": "source-note",
      "text": "$'s in millions",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9bb9d1bf-0c61-43ae-ae1c-d3063319b112",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.66,
        "w": 0.47,
        "x": 0.04,
        "y": 0.23
      },
      "kind": "table",
      "text": "Bookings [MWH] 33.1, Bookings [$] 33.1, Revenue 39.7 11.4 28.3, Gross profit 3.9 2.4 1.5, Gross margin % 9.9% 21.2%, Operating expenses: Sales and marketing 4.9 4.6 0.3, R&D 10.2 11.2 (1.0), G&A 17.0 19.4 (2.4), Depreciation & Amortization 0.2 0.2, Total operating expenses 32.3 35.4 (3.1), Operating loss (28.4) (33.0) 4.6, Other income: Change in FV of warrant liability, Other 2.2 1.8 0.4, Total other income 2.2 1.8 0.4, Provision for income taxes, Net loss (26.2) (31.2) 5.0, Cash on hand 165.0 197.0 (32.0)",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6c60488d-ab46-4aa3-879c-f75d878e400d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.69,
        "x": 0.05,
        "y": 0.06
      },
      "kind": "title",
      "text": "Q2 2023 Results Versus Q1 2023",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "da2d7df3-969b-4afb-b92d-0b23fc092ad2",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 22,
      "from": 15,
      "beatId": "be2e366d-0a68-4ec6-9ad2-320218884db6",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Financials",
      "beatSlug": "sequoia-pitch-financials",
      "evidence": "The deck provides financial guidance, quarterly financials, and adjusted EBITDA bridges, illustrating the company's financial performance and growth prospects.",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}