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4th quarter consolidated balance sheet (in millions) so you don't have to click through and look through it: > Revenue: 663 > Cost of Revenues: 1,663 > Gross
by alexb_ 4y ago
4th quarter consolidated balance sheet (in millions) so you don't have to click through and look through it:
> Revenue: 663
> Cost of Revenues: 1,663
> Gross Profit: (1,000)
Operating Expenses (Totals 795):
> R&D: 402
> Selling, general, administrative: 393
Loss from Operations: (1,795)
Interest income: 99
Interest expense: 33
Other net income: 6
Loss before taxes: (1,723)
Remember, all of these are in millions. So Rivian managed to lose 1.7 billion dollars in 3 months. That comes out to nearly 19 million dollars lost every single day.