LAZR · As filed with the SEC
Luminar Technologies balance sheet, by fiscal year
The statement as Luminar Technologies 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 thousands
| USD thousands | FY2025 Dec 31, 2025 | FY2024 Dec 31, 2024 | FY2023 Dec 31, 2023 | FY2022 Dec 31, 2022 | FY2021 Dec 31, 2021 | FY2020 Dec 31, 2020 | FY2019 Dec 31, 2019 | FY2018 Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current assets: | ||||||||
| Cash and cash equivalents | 20,259,000 | 82,840,000 | 139,095,000 | 69,552,000 | 329,977,000 | 208,944,000 | 1,365,240 | 52,489 |
| Deferred offering costs | — | — | — | — | — | — | — | 437,375 |
| Prepaid assets | — | — | — | — | — | — | 136,399 | — |
| Restricted cash | 1,418,000 | 1,882,000 | 1,529,000 | 1,553,000 | 725,000 | 775,000 | — | — |
| Marketable securities | 2,580,000 | 99,827,000 | 150,727,000 | 419,314,000 | 462,141,000 | 276,710,000 | — | — |
| Accounts receivable | 5,960,000 | 14,272,000 | 14,124,000 | 11,172,000 | 13,013,000 | 5,971,000 | — | — |
| Inventory | 6,656,000 | 14,908,000 | 12,196,000 | 8,792,000 | 10,342,000 | 3,613,000 | — | — |
| Prepaid expenses and other current assets | 20,063,000 | 31,498,000 | 32,950,000 | 44,203,000 | 29,195,000 | 4,797,000 | — | — |
| Total current assets | 56,936,000 | 245,227,000 | 350,621,000 | 554,586,000 | 845,393,000 | 500,810,000 | 1,501,639 | 489,864 |
| Deferred income tax | — | — | — | — | — | — | 2,353 | — |
| Investments and cash held in Trust Account | — | — | — | — | — | — | 406,434,959 | — |
| Property and equipment, net | — | — | — | — | — | 7,689 | — | — |
| Property and equipment, net | 34,950,000 | 52,281,000 | 66,300,000 | 30,260,000 | 11,009,000 | — | — | — |
| Operating lease right-of-use assets | 14,115,000 | 31,479,000 | 42,706,000 | 21,244,000 | 9,145,000 | — | — | — |
| Intangible assets, net | 10,017,000 | 15,556,000 | 22,994,000 | 22,077,000 | 2,424,000 | — | — | — |
| Goodwill | 1,750,000 | 3,994,000 | 7,390,000 | 18,816,000 | 3,110,000 | 701,000 | — | — |
| Other non-current assets | 13,575,000 | 16,676,000 | 22,356,000 | 40,344,000 | 12,455,000 | 1,151,000 | — | — |
| Total assets | 131,343,000 | 365,213,000 | 512,367,000 | 687,327,000 | 883,536,000 | 510,351,000 | 407,938,951 | 489,864 |
| LIABILITIES AND STOCKHOLDERS' DEFICIT | ||||||||
| Liabilities: | ||||||||
| Current liabilities: | ||||||||
| Accounts payable | 4,741,000 | 18,972,000 | 21,113,000 | 18,626,000 | 14,419,000 | 6,039,000 | — | — |
| Accrued and other current liabilities | 19,430,000 | 31,567,000 | 52,605,000 | 52,962,000 | 19,844,000 | 10,452,000 | 53,203 | 335,418 |
| State franchise tax accrual | — | — | — | — | — | — | — | 1,431 |
| State franchise tax accrual | — | — | — | — | — | — | 200,000 | — |
| Notes and advances payable – related party | — | — | — | — | — | — | — | 150,000 |
| Income tax payable | — | — | — | — | — | — | 1,102,662 | — |
| Operating lease liabilities | 2,035,000 | 10,049,000 | 10,154,000 | 5,953,000 | 4,735,000 | — | — | — |
| Current portion of long-term debt | 110,905,000 | — | — | — | 0 | 99,000 | — | — |
| Total current liabilities | 137,111,000 | 60,588,000 | 83,872,000 | 77,541,000 | 38,998,000 | 16,590,000 | 1,355,865 | 486,849 |
| Deferred underwriting compensation | — | — | — | — | — | — | 14,000,000 | — |
| Warrant liabilities | — | 0 | 1,069 | 3,005 | 31,230 | 343,400 | — | — |
| Debt, non-current | — | — | — | — | 0 | — | — | — |
| Convertible senior notes | — | — | 615,428 | 612,192 | 608,957 | — | — | — |
| Debt | 0 | 500,516,000 | — | — | — | 302,000 | — | — |
| Operating lease liabilities, non-current | 3,674,000 | 24,083,000 | 35,079,000 | 16,989,000 | 5,768,000 | — | — | — |
| Other non-current liabilities | 184,000 | 815,000 | 1,667,000 | 4,005,000 | 598,000 | 1,318,000 | — | — |
| Total liabilities not subject to compromise | 140,969,000 | — | — | — | — | — | — | — |
| Liabilities subject to compromise | 467,373,000 | — | — | — | — | — | — | — |
| Total liabilities | 608,342,000 | 586,002,000 | 737,115,000 | 713,732,000 | 685,551,000 | 361,610,000 | 15,355,865 | 486,849 |
| Series A convertible preferred stock, $0.00001 par value; None authorized, issued and outstanding as of December 31, 2020; 102,740,023 shares authorized, 94,818,151 shares issued and outstanding as of December 31, 2019 | — | — | — | — | — | — | 387,134.76 | — |
| Series A Convertible Preferred Stock | — | — | — | — | — | 0 | — | — |
| Stockholders' deficit: | ||||||||
| Preferred stock, $0.0001 par value; 10,000,000 shares authorized, no shares issued and outstanding as of December 31, 2025 and 2024 | 0 | — | — | — | — | — | — | 0 |
| Preferred Stock | — | 0 | 0 | 0 | 0 | 0 | — | — |
| Founders Preferred Stock | — | — | — | — | — | 0 | — | — |
| Class A Common Stock | 7,000 | 3,000 | 34,000 | 29,000 | 27,000 | 22,000 | 129 | 0 |
| Class F Common Stock | — | — | — | — | — | — | 1,000 | 1,078 |
| Additional paid-in-capital | — | — | — | — | — | — | 24,006 | 23,922 |
| Class B Common Stock | 1,000 | 1,000 | 10,000 | 10,000 | 10,000 | 11,000 | — | — |
| Additional paid-in capital | 2,315,081,000 | 2,204,814,000 | 1,927,378,000 | 1,558,685,000 | 1,257,214,000 | 733,175,000 | — | — |
| Accumulated other comprehensive loss | (474,000) | (295,000) | 2,000 | (4,226,000) | (908,000) | 34,000 | — | — |
| Treasury stock, at cost, 15,263,761 and 0 shares as of December 31, 2021 and 2020, respectively | — | — | — | — | (235,871) | 0 | — | — |
| Treasury stock, at cost, 1,457,563 shares as of December 31, 2025 and 2024 | (312,477,000) | (312,477,000) | (312,477,000) | (312,477,000) | — | — | — | — |
| Accumulated deficit | (2,479,137,000) | (2,112,835,000) | (1,839,695,000) | (1,268,426,000) | (822,487,000) | (584,501,000) | 5,423,191 | (21,985) |
| Total stockholders' deficit | (476,999,000) | (220,789,000) | (224,748,000) | (26,405,000) | 197,985,000 | 148,741,000 | 5,448,326 | 3,015 |
| Class A Common Stock | — | — | — | — | — | — | 129 | — |
| Class F Common Stock | — | — | — | — | — | — | 1,000 | 1,078 |
| Preferred Stock | — | — | — | 0 | 0 | 0 | — | — |
| Total liabilities and stockholders' deficit | 131,343,000 | 365,213,000 | 512,367,000 | 687,327,000 | 883,536,000 | 510,351,000 | 407,938,951 | 489,864 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.