ECDA · As filed with the SEC
ECD Automotive Design balance sheet, by fiscal year
The statement as ECD Automotive Design presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Consolidated Balance Sheets · USD
| USD | FY2024 Dec 31, 2024 | FY2023 Dec 31, 2023 | FY2022 Dec 31, 2022 | FY2021 Dec 31, 2021 |
|---|---|---|---|---|
| Current assets | ||||
| Cash and Cash Equivalents | — | — | 546,210 | 25,000 |
| Prepaid Expenses | — | — | 9,082 | — |
| Short-term prepaid insurance | — | — | 156,000 | — |
| Cash and cash equivalents | 1,476,850 | 8,134,211 | — | — |
| Accounts receivable, net | 45,022 | — | — | — |
| Inventories | 11,181,806 | 11,799,304 | — | — |
| Prepaid and other current assets | 239,864 | 34,006 | — | — |
| Total current assets | 12,943,542 | 19,967,521 | 711,292 | 25,000 |
| Other Non-Current Assets | — | — | — | 54,510 |
| Other Non-Operating Non-Current Assets | — | — | 29,033 | — |
| Other Non-Operating Non-Current Assets | — | — | 117,254,670 | — |
| Goodwill | 1,291,098 | — | — | — |
| Property and equipment, net | 483,878 | 968,677 | — | — |
| Intangible asset, net | 12,000 | — | — | — |
| Right-to-use asset | 3,404,983 | 3,763,294 | — | — |
| Deferred tax asset | — | 515,444 | — | — |
| Deposit | 60,200 | 77,686 | — | — |
| TOTAL ASSETS | 18,195,701 | 25,292,622 | 117,994,995 | 79,510 |
| LIABILITIES, REDEEMABLE PREFERRED STOCK AND STOCKHOLDERS’ DEFICIT | ||||
| Current liabilities | ||||
| Accounts payable | 2,494,664 | 768,812 | — | — |
| Accrued expenses | 1,686,598 | 687,000 | 153,405 | — |
| Accrued offering costs | — | — | 301,797 | 55,000 |
| Short-Term Debt | — | — | 19,700 | — |
| Accrued Income Taxes | — | — | 206,393 | — |
| Deferred Revenue | — | 17,596,512 | — | — |
| Deferred revenue | 11,802,825 | — | — | — |
| Floor plan payable | 1,212,000 | — | — | — |
| Lease liability, current | 353,612 | 314,903 | — | — |
| Other payable | 1,364,222 | 1,533,815 | — | — |
| Total current liabilities | 18,913,921 | 20,901,038 | 681,295 | 55,000 |
| Deferred Compensation, Non-Current | — | — | 4,025,000 | — |
| Lease liability, non-current | 3,373,571 | 3,727,182 | — | — |
| Warrant liabilities, at fair value | 486,559 | — | — | — |
| Conversion option, at fair value | 313,191 | — | — | — |
| Convertible note, net of debt discount | 14,085,932 | 10,683,452 | — | — |
| Total Liabilities | 37,173,174 | 35,311,672 | 4,706,295 | 55,000 |
| Redeemable preferred stock, $0.0001 par value, 20,000,000 authorized shares; 25,000 shares issued and outstanding as of December 31, 2023 and no shares issued and outstanding as of December 31, 2022 | 1 | 3 | 116,826,168 | — |
| Stockholders’ deficit | ||||
| Common stock, $0.0001 par value, 1,000,000,000 authorized shares; 31,874,662 shares and 24,000,000 shares issued and outstanding as of December 31, 2023 and 2022, respectively | 3,650 | 3,187 | 313 | 288 |
| Additional paid-in capital | — | — | — | 24,712 |
| Additional paid-in capital | 2,576,498 | — | — | — |
| Other comprehensive income | (6,696) | — | — | — |
| Accumulated deficit | (21,550,926) | (10,022,240) | (3,537,781) | (490) |
| Total Stockholders’ Deficit | (18,977,474) | (10,019,053) | (3,537,468) | 24,510 |
| TOTAL LIABILITIES, REDEEMABLE PREFERRED STOCK AND STOCKHOLDERS’ DEFICIT | 18,195,701 | 25,292,622 | 117,994,995 | 79,510 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.