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  "documentTitle": "Lucid Motors | Results Presentation Deck | 29 slides",
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  "authorName": "Lucid Motors",
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  "presentationDate": "2023-08-01 00:00:00",
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      "kind": "paragraph",
      "text": "Lucid continues to invest in the development of future product programs, the expansion of our AMP-1 and AMP-2 facilities to increase capacity and the growth of our retail, delivery, and service capabilities.",
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      "text": "Lucid ended the second quarter of 2023 with over $5.5 billion cash, cash equivalents and investments. As of June 30, 2023, Lucid had total liquidity of $6.25 billion from cash, investments, ABL and GIB Facilities, which we believe is sufficient liquidity through Gravity SOP and into 2025.",
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      "text": "In the second quarter, Lucid recorded revenue of $150.9 million.\nLucid recognized non-cash charges of $252.9 million, including inventory and firm purchase commitments write-downs of $295 million, partially offset by a gain of $42.1 million from changes in fair value of a common stock warrant liability.",
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      "text": "LUCID GROUP, INC.",
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      "text": "STATEMENT OF OPERATIONS\nThree Months Ended June 30,\n2023\n2022\nRevenue $ 150.9 $ 97.3\nCost of Revenue (555.8) (292.3)\nR&D Operating Expenditures (233.5) (200.4)\nSG&A Operating Expenditures (197.7) (163.8)\nOthers 71.9 338.8\nNet Loss $ (764.2) $ (220.4)",
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      "text": "BALANCE SHEET\n(in millions, unless otherwise stated; unaudited)\n6/30/23\n12/31/22\nCash, Cash Equivalents and Investments $ 5,537.4 $ 4,443.0\nOther Assets 3,877.7 3,436.2\nTotal Assets 9,415.1 7,879.2\nLiabilities 3,455.2 3,529.5\nStockholders' Equity 5,959.9 4,349.7\nTotal Liabilities and Stockholders' Equity $ 9,415.1 $ 7,879.2",
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      "text": "OPEX / CAPEX\nCash Used In Operating Activities $ (700.4) $ (513.6)\nCapital Expenditures (203.7) (309.8)\nFree Cash Flow $ (904.1) $ (823.4)",
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      "kind": "title",
      "text": "Financial Highlights: Strength of Balance Sheet and Investments for Growth",
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