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  "documentTitle": "Lucid Motors | Results Presentation Deck | 39 slides",
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  "authorName": "Lucid Motors",
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  "presentationDate": "2024-05-01 00:00:00",
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      "kind": "paragraph",
      "text": "In the First quarter, Lucid recorded revenue of $172.7 million.\nLucid recognized non-cash charges of $130.7 million, including inventory and firm purchase commitments write-downs of $137.8 million and a loss of $20 million from changes in fair value of equity securities, partially offset by a gain of $27.1 million from changes in fair value of a common stock warrant liability.",
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      "text": "Lucid continues to invest in the development of future product programs, the further 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 first quarter of 2024 with over $4.6 billion cash, cash equivalents and investments. As of March 31, 2024, Lucid had total liquidity of approximately $5.03 billion from cash, investments, ABL and GIB Facilities, which we believe provides sufficient runway through the Gravity SUV program start of production, and into the second quarter of 2025.",
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      "text": "(in millions, unless otherwise stated; unaudited)",
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      "kind": "table",
      "text": "Revenue $ 172.7 $ 149.4 Cost of Revenue (404.8) (500.5) R&D Operating Expenditures (284.6) (229.8) SG&A Operating Expenditures (213.2) (168.8) Others 49.0 (29.8) Net Loss $ (680.9) $ (779.5)",
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      "text": "Cash, Cash Equivalents and Investments $ 4,622.0 $ 4,320.8 Other Assets 4,275.0 4,191.9 Total Assets 8,897.0 8,512.7 Liabilities 4,160.4 3,661.0 Redeemable Convertible Preferred Stock 504.5 - Stockholders' Equity 4,232.1 4,851.7 Total Liabilities, Redeemable Convertible Preferred Stock, and Stockholders' Equity $ 8,897.0 $ 8,512.7",
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      "text": "Cash Used In Operating Activities $ (516.7) $ (801.3) Capital Expenditures (198.2) (241.8) Free Cash Flow $ (714.9) $ (1,043.1)",
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      "kind": "title",
      "text": "Financial Highlights: Strength of Balance Sheet and Investments for Growth",
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