AIEV · XBRL financial data

Thunder Power Holdings financial statements, every quarter

The same tables from 13 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (AIEV's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26†Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue	—	—	—	—	—	—	—	—	—	—	—	271
General and administrative	646	221*	214	1,348	912	28*	755	503	428	232*	431	281
Total operating expenses	646	221*	214	1,348	912	28*	755	503	428	232*	431	281
Operating income (loss)	(444)	(414)*	(514)	—	—	—	—	—	—	—	—	(228)
Interest income	682	708*	701	—	—	year only	—	0	0*	—	—	—
Other income (expense)	—	—	—	—	—	—	—	(0)	—	—	—	0
Income tax expense (benefit)	202	206*	206	—	—	—	—	—	—	—	—	—
Net income (loss)	36	88*	(19)	(1,348)	(912)	(28)*	(755)	(504)	(428)	(433)*	(494)	(431)
Earnings per share, basic USD per share	0.07	—	(0.01)	(0.03)	(0.02)	0.00*	(0.02)	(0.01)	(0.01)	(0.01)*	(0.01)	(0.01)
Earnings per share, diluted USD per share	0.07	—	(0.01)	(0.03)	(0.02)	0.00*	(0.02)	(0.01)	(0.01)	(0.01)*	(0.01)	(0.01)
Weighted average shares, basic thousands of shares	4,983	—	37,921	39,629	50,552	50,716*	50,725	50,725	50,725	50,725*	50,725	79,445
Weighted average shares, diluted thousands of shares	4,983	—	37,921	39,629	50,552	50,716*	50,725	50,725	50,725	50,725*	50,725	79,445

† Share count changed about 2x in the period ending 2026-03-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal quarters (AIEV's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26†Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	111	18	36	921	34	53	20	97	16	10	9	12
Short-term investments	—	—	—	—	—	—	—	—	—	1	1	1
Prepaid and other current assets	—	8	—	44	23	68	35	54	41	29	16	20
Total current assets	188	64	43	14,545	13,487	13,550	13,486	13,583	13,488	13,155	13,141	13,147
Property and equipment, net	—	2	—	1	0	—	—	—	—	—	—	—
Right-of-use asset	—	6	—	18	11	5	29	25	21	18	14	10
Total assets	53,434	54,140	55,044	14,564	13,499	13,555	13,514	13,607	13,510	13,173	13,155	18,816
Accrued liabilities	100	98	259	—	—	—	—	—	—	—	—	—
Total current liabilities	1,714	2,834	30,077	7,061	6,947	7,031	7,732	8,336	8,257	8,355	8,831	8,610
Total deposits	—	378	378	—	—	—	—	—	—	—	—	—
Lease liability, non-current	—	—	—	—	—	—	13	9	6	2	—	—
Total liabilities	5,136	6,256	33,949	7,061	6,947	7,031	7,745	8,345	8,263	8,357	8,831	9,185
Accumulated deficit	(4,906)	(6,120)	(7,163)	(35,992)	(36,904)	(36,932)	(37,687)	(38,191)	(38,619)	(39,052)	(39,545)	(39,977)
Total stockholders' equity	(4,906)	(6,119)	(7,163)	7,504	6,552	6,524	5,769	5,262	5,247	4,816	4,324	9,630
Total liabilities and equity	53,434	54,140	55,044	14,564	13,499	13,555	13,514	13,607	13,510	13,173	13,155	18,816
Common shares outstanding (cover page) thousands of shares	—	37,489	—	70,716	50,725	70,725	50,725	70,725	50,725	50,725	102,597	82,597

† Share count changed about 2x in the period ending 2026-03-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal quarters (AIEV's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26†Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	36	88*	(19)	(1,348)	(912)	(28)*	(755)	(504)	(428)	(433)*	(494)	(431)
Stock-based compensation	331*	0*	—	—	0*	0*	—	—	—	—	—	—
Net cash from operating activities	(784)*	(208)	(359)	(183)*	(364)*	(623)	(623)	(383)*	(363)*	(146)*	(353)	(168)*
Net cash from investing activities	(11)*	(121)*	(224)	1,153*	0*	(1)	(1)	0*	0*	0*	—	—
Share repurchases	0*	0*	—	—	—	—	—	—	—	—	—	—
Net cash from financing activities	495*	40	600	(263)*	(525)*	591	591	460*	282*	140*	350	172*
Net change in cash	—	(168)	—	—	(888)*	(33)	(33)	78*	(81)*	(6)*	(1)	3*

† Share count changed about 2x in the period ending 2026-03-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

SIC 3711 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3711 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Thunder Power Holdings	12	271	(168)*	82.6M	0.1 quarters	Q2 FY26 10-QJun 30, 2026
Azio AI Holdings	142	not reported	(5,390)*	16.5M	0.0 quarters	Q2 FY26 10-QJun 30, 2026
AltEnergy Acquisition	7.5	not reported	(349)*	not reported	0.0 quarters	Q2 FY26 10-QJun 30, 2026
Workhorse Group	9,629	3,562	(24,076)*	10.9M	0.4 quarters	Q2 FY26 10-QJun 30, 2026
Xos	13,235	4,740	(2,687)*	14.2M	4.9 quarters	Q2 FY26 10-QJun 30, 2026
Rubber Leaf	1.4	2,774	(37)*	41.1M	0.0 quarters	Q2 FY26 10-QJun 30, 2026
Worksport	1,160	5,230	(3,442)*	15.3M	0.3 quarters	Q2 FY26 10-QJun 30, 2026
AEye	11,210	202	(7,287)*	46.5M	9.8 quarters	Q2 FY26 10-QJun 30, 2026
Stark Novus Financial	21,525	not reported	(938)*	16.3M	30.8 quarters	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.