法拉第未来 2024年季度报告

☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACTOF 1934 For the quarterly period endedSeptember 30, 2024OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACTOF 1934 For the transition period from ________________ to ________________ Commission File Number: 001-39395 Faraday Future Intelligent Electric Inc. (Exact name of registrant as specified in its charter) Delaware84-4720320 (State or other jurisdiction of incorporation ororganization)(I.R.S. Employer Identification No.) 18455 S. Figueroa Street,Gardena, CA (424) 276-7616Registrant’s telephone number, including area code Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required tofile such reports), and (2) has been subject to such filing requirements for the past 90 days.Yes☐No☒ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to besubmitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for suchshorter period that the registrant was required to submit such files).Yes☐No☒ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, asmaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “acceleratedfiler,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☐Accelerated filer☐Non-accelerated filer☒Smaller reporting company☒Emerging growth company☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transitionperiod for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of theExchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ The registrant had outstanding 45,325,353 shares of Class A common stock and 6,667 shares of Class B common stockas of November 6, 2024. Table of Contents Faraday Future Intelligent Electric Inc. FORM 10-Q FOR THE QUARTER ENDED SEPTEMBER 30, 2024TABLE OF CONTENTS PART I. FINANCIAL INFORMATION Item 1.Unaudited Condensed Consolidated Financial StatementsCondensed Consolidated Balance Sheets3Unaudited Condensed Consolidated Statements of Operations and ComprehensiveLoss4Unaudited Condensed Consolidated Statements of Stockholders’ Equity6Unaudited Condensed Consolidated Statements of Cash Flows9Notes to Unaudited Condensed Consolidated Financial Statements11Item 2.Management’s Discussion and Analysis of Financial Condition and Results ofOperations55Item 3.Quantitative and Qualitative Disclosures About Market Risk77Item 4.Controls and Procedures77 PART II. OTHER INFORMATION Item 1.Legal Proceedings81Item 1A.Risk Factors81Item 2.Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchasesof Equity Securities81Item 3.Defaults Upon Senior Securities81Item 4.Mine Safety Disclosures81Item 5.Other Information81Item 6.Exhibits82Signatures84 Table of Contents PART I - FINANCIAL INFORMATION Faraday Future Intelligent Electric Inc.Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss(in thousands, except share and per share data) The accompanying notes are an integral part of these Unaudited Condensed Consolidated FinancialStatements. 4 The accompanying notes are an integral part of these Unaudited Condensed Consolidated FinancialStatements. 6 The accompanying notes are an integral part of these Unaudited Condensed Consolidated FinancialStatements. The accompanying notes are an integral part of these Unaudited Condensed Consolidated FinancialStatements. Table of Contents Table of Contents The following table provides a reconciliation of cash and restricted cash reported within theUnaudited Condensed Consolidated Balance Sheets that aggregate to the total of the same such amountsshown in the Unaudited Condensed Consolidated Statements of Cash Flows: The accompanying notes are an integral part of these Unaudited Condensed Consolidated FinancialStatements. Faraday Future Intelligent Electric Inc. Notes to Unaudited Condensed Consolidated Financial Statements 1. Nature of Business and Organization and Basis of Presentation Nature of Business and Organization Faraday Future Intelligent Electric Inc. (the “Company” or “FF”), a holding company incorporatedin the State of Delaware on February 11, 2020, conducts its operations through the subsidiaries of FFIntelligent Mobility Global Holdings Ltd. (“Legacy FF”), founded in 2014 and headquartered in LosAngeles, California. The Company op