indie半导体有限公司-A 2025年季度报告

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period endedMarch31, 2025 ORTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from________ to ________Commission file number001-40481___________________________________________________________________ Delaware(State or other jurisdiction of incorporation or organization) 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”, “smallerreporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. xAccelerated filer Condensed Consolidated Statements of Comprehensive Loss Condensed Consolidated Statements of Changes in Stockholders’ Equity and Noncontrolling InterestCondensed Consolidated Statements of Cash Flows Notes to Unaudited Condensed Consolidated Financial StatementsManagement’s Discussion and Analysis of Financial Condition and Results of OperationsQuantitative and Qualitative Disclosures About Market RiskControls and Procedures Part II. Other InformationLegal ProceedingsRisk FactorsUnregistered Sales of Equity Securities and Use of ProceedsDefaults upon Senior SecuritiesMine Safety DisclosuresOther InformationExhibits Cash paid for interestSupplemental disclosure of non-cash investing and financing activities: 8 1.Nature of the Business and Basis of Presentationindie Semiconductor, Inc. (“indie”) and its predecessor for accounting purposes, Ay Dee Kay, LLC, a California limited liability vehicle, connected car, user experience and electrification applications. The Company focuses on edge sensors across multiplemodalities spanning LiDAR, radar, ultrasound and computer vision. These functions represent the core underpinnings of both electricand autonomous vehicles, while the advanced user interfaces are transforming the in-cabin experience to mirror and seamlessly connect to the mobile platforms people rely on every day. indie is an approved vendor to Tier 1 automotive suppliers and its platformscan be found in marquee automotive manufacturers around the world. Headquartered in Aliso Viejo, California, indie has design Frankfurt an der Oder, Munich and Nuremberg, Germany; Edinburgh, Scotland; Schlieren, Switzerland; Rabat, Morocco; Haifa, Israel;Quebec City and Toronto, Canada; Seoul, South Korea; Tokyo, Japan and several locations throughout China. The Company engagessubcontractors to manufacture its products. The majority of these subcontractors are located in Asia.Execution of At-The-Market Agreement proceeds of $90,187and issued11,138,984shares of Class A common stock at an average per-share sales price of $8.10and hadapproximately $59,813available for future issuances under the ATM Agreement. During both the three months ended March31, 2025 and March31, 2024, there wasnoATM related activity.Risks and UncertaintiesThe Company is impacted by macroeconomic conditions including continued inflation, rising prices or rising interest rates,geopolitical tensions, the risk of recession, and the effect of trade policies, which have a combined effect on overall economic activityand consumer demand for automotive products that has resulted in lower production levels for the Company’s products. Tariffs againstsemiconductor producing countries such as Taiwan, and retaliatory tariffs by countries such as China, could cause a decrease in thesales of the Company’s products to customers, other customers selling to end users, or other global customers, which could materially Additionally, the conflict in the Middle East and the implication of this event has created global political and economic uncertainty.The Company is closely monitoring developments, including potential impact to the Company’s business, customers, suppliers, its Refer to Part I, Item 1A of our 2024 Annual Report on Form 10-K for the fiscal year ended December 31, 2024 under the heading“Risk Factors” for more information on our risks and uncertainties. Basis of PresentationThe condensed consolidated financial statements are prepared in accordance with generally accepted accounting principles in theUnited States of America (“U.S. GAAP”) and the rules and regulations of the Securities and Exchange Commission (“SEC”). Anyreference in these notes to applicable guidance is meant to refer to the authoritative U.S. GAAP as found in the Accounting Standards Israel Ltd., a private limited company incorporated under the laws of Israel, Ay Dee Kay S.A., a limited liability company incorporated Semiconductor Japan KK, a limited liability company under the laws of Japan, Wuxi indie Microelectronics (“Wuxi”), a Chineseentity with approximately59% voting controlled and approximately34% owned by the Company as of March31, 2025 and Wuxi’swholly-owned subsidiaries,