法拉第未来 2025年季度报告

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to ________________ Commission File Number:001-39395Faraday Future Intelligent Electric Inc.(Exact name of registrant as specified in its charter)Delaware84-4720320(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)18455 S. Figueroa Street,Gardena,CA90248(Address of Principal Executive Offices)(Zip Code) (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 the Securities Exchange Act of 1934 duringthe preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirementsfor the past 90 days.Yes☐No☒ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter 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, a smaller reporting company, or anemerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “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 transition period for complying with any new orrevised 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 Exchange Act).Yes☐No☒ The registrant had outstanding97,616,087shares of Class A common stock and6,667shares of Class B common stock as of May5, 2025. Faraday Future Intelligent Electric Inc.FORM 10-Q FOR THE QUARTER ENDED MARCH 31, 2025TABLE OF CONTENTS PART I. FINANCIAL INFORMATION Item 1.Financial StatementsUnaudited Condensed Consolidated Balance Sheets3Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss4Unaudited Condensed Consolidated Statement of Stockholders’ Equity5Unaudited Condensed Consolidated Statements of Cash Flows6Notes to Unaudited Condensed Consolidated Financial Statements8Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations51Item 3.Quantitative and Qualitative Disclosures About Market Risk68Item 4.Controls and Procedures68 PART II. OTHER INFORMATION Item 1.Legal Proceedings72Item 1A.Risk Factors72Item 2.Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities72Item 3.Defaults Upon Senior Securities72Item 4.Mine Safety Disclosures72Item 5.Other Information73Item 6.Exhibits73Signatures75 PART I - FINANCIAL INFORMATION Faraday Future Intelligent Electric Inc.Unaudited Condensed Consolidated Balance Sheets(in thousands, except share and per share data) Faraday Future Intelligent Electric Inc.Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss(in thousands, except share and per share data) Faraday Faraday Future Intelligent Electric Inc.Unaudited Condensed Consolidated Statement of Stockholders’ Equity(in thousands, except share data) The accompanying notes are an integral part of these Unaudited Condensed Consolidated Financial Statements. Faraday Future Intelligent Electric Inc.Unaudited Condensed Consolidated Statements of Cash Flows(in thousands) Faraday Future Intelligent Electric Inc.Unaudited Condensed Consolidated Statements of Cash Flows — (Continued)(in thousands) The following table provides a reconciliation of cash and restricted cash reported within the Unaudited Condensed ConsolidatedBalance Sheets that aggregate to the total of the same such amounts shown in the Unaudited Condensed Consolidated Statements ofCash Flows: The accompanying notes are an integral part of these Unaudited Condensed Consolidated Financial Statements. Faraday Future Intelligent Electric Inc.Notes to Unaudited Condensed Consolidated Financial Statements 1.Nature of Business and Organization, Basis of Presentation, and Summary of Significant Accounting Policies Nature of Business and Organization Unless otherwise stated or the context requires otherwise, references herein to the “Company,” “FFIE,” “FFAI,” “Faraday”“we,” “us,” and “our” mean Faraday Future Intelligent Electric Inc. and its wholly-owned s