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FFAI FFAI AIXC — Impairment of intangible assets, including goodwill

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Other financials

Income statement

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Revenue$512.0K+62.0%
Gross profit-$11.4M+46.0%
Operating income-$35.9M+18.1%
Net income-$38.9M-278%
EPS (diluted)-$0.18-28.6%

Balance sheet

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Cash & equivalents$12.3M+29.1%
Total debt$62.5M+46.4%
Total equity-$12.4M-109%
Total assets$250.1M-39.1%

Cash flow

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Operating cash flow-$31.5M-55.1%
CapEx$221.0K-85.9%
Free cash flow-$31.7M-45.0%

Valuation

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Market cap$80.37M-44.5%
Enterprise value$130.58M-29.4%
P/S109.8×-126×

Profitability

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Gross margin-12,032.7%+3,469pp
Operating margin-44,142.6%-130,545pp
Net margin-57,277.9%+66,395pp
FCF margin-17,083.3%+43,535pp

Returns & leverage

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Return on equity-320.2%-2,578pp
Debt / equity0.9×+0.8×
Current ratio0.4×0.0×

Where this comes from

Reported directly by FFAI in its filing.

Tagged under the XBRL concept us-gaap:GoodwillAndIntangibleAssetImpairment.

The official record: FFAI’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is FFAI's AIXC — impairment of intangible assets, including goodwill?
FFAI (FFAI) reported AIXC — impairment of intangible assets, including goodwill of $183K in Q1 2026.
What does AIXC — impairment of intangible assets, including goodwill mean?
Reflects the write-down of intangible assets or goodwill associated with the AIXC segment when their fair value falls below their book value. This metric signals a reassessment of the segment's long-term strategic value or market position.