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FFAI FFAI Conversion of notes payable and accrued interest into Class A Common Stock

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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-47.1%
Enterprise value$130.58M-31.4%
P/S109.8×-137×

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 ffie:ConversionOfNotesPayableRelatedPartyNotesPayableAndAccruedInterestsIntoEquity.

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 conversion of notes payable and accrued interest into class a common stock?
FFAI (FFAI) reported conversion of notes payable and accrued interest into class a common stock of $25.32M in Q1 2026.
How has FFAI's conversion of notes payable and accrued interest into class a common stock changed year-over-year?
FFAI's conversion of notes payable and accrued interest into class a common stock increased by 62.6% year-over-year, from $15.57M to $25.32M.
What does conversion of notes payable and accrued interest into class a common stock mean?
Measures the non-cash reduction of debt obligations through the conversion of notes payable and accrued interest into common equity. This activity serves to deleverage the balance sheet and improve the company's financial position by eliminating future interest and principal repayment requirements. It is a significant indicator of debt restructuring and shareholder dilution.