LiveWire Group Inc 2025年季度报告

Delaware 3700 West Juneau AvenueMilwaukee,Wisconsin53208(Address of principal executive office) (650)447-8424(Issuer’s Telephone Number, including area code) Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes☐No☒Number of shares of the registrant’s common stock outstanding at May2, 2025:203,566,228shares Cautionary Note Regarding Forward-Looking Statements This Quarterly Report on Form 10-Q (“Quarterly Report”) contains forward-looking statements. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of theSecurities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the“Exchange Act”). All statements other than statements of historical facts contained in this Quarterly Report may be forward-lookingstatements. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expects,” “plans,”“anticipates,” “could,” “intends,” “targets,” “commits,” “projects,” “contemplates,” “believes,” “estimates,” “forecasts,” “predicts,” The forward-looking statements in this Quarterly Report are only predictions. The Company has based these forward-lookingstatements largely on current expectations and projections about future events and financial trends that the Company believes mayaffect the Company’s business, financial condition and results of operations. Forward-looking statements involve known and unknownrisks, uncertainties and other important factors that may cause actual results, performance or achievements to be materially differentfrom any future results, performance or achievements expressed or implied by the forward-looking statements, including, but notlimited to, the Company’s history of losses and expectation to incur significant expenses and continuing losses for the foreseeablefuture; risks related to Harley Davidson, Inc. (“H-D”) making decisions for its overall benefit that could negatively impact theCompany’s overall business; risks related to the Company’s relationship with H-D and its impact on the Company’s other businessrelationships; the Company’s future capital requirements and sources and uses of cash; the Company’s ability to obtain funding for itsoperations and manage costs; risks related to retail partners being unwilling to participate in the Company’s go-to-market businessmodel or its inability to establish or maintain relationships with customers for the Company’ electric vehicles; the Company’sbusiness, expansion plans and opportunities, including its ability to scale its operations and manage its future growth effectively; theeffects of competition on the Company’s future business, the pace and depth of electric vehicle adoption generally and its ability toachieve planned competitive advantages with respect to its electric vehicles and products, including with respect to reliability, safetyand efficiency; the Company’ ability to execute its business model, including market acceptance of its planned electric vehicles; risksrelated to the Company’s limited operating history, the rollout of its business and the timing of expected business milestones, includingthe Company’s ability to develop and sell electric vehicles of sufficient quality and appeal to customers on schedule and on a largescale; the Company’s financial and business performance, including financial projections and business metrics and any underlyingassumptions thereunder; changes in the Company’s strategy, future operations, financial position, estimated revenues and losses,projected costs, prospects and plans; the Company’s ability to attract and retain a large number of customers; risks related tochallenges the Company faces as a pioneer into the highly-competitive and rapidly-evolving electric vehicle industry; the Company’sability to le