Lordstown Motors reported Q4 2022 financial results, which included sales of three vehicles and approximately $30 million in cost of sales. The company faced supplier quality and performance issues that limited production and sales and resulted in a temporary pause in production.

Lordstown Motors reported a Q3 2022 operating loss of $154.8 million, which includes significant non-cash charges. The company started commercial production of Endurance vehicles at a slow rate and is collaborating with Foxconn. They ended the quarter with $204 million in cash and short-term investments.

Lordstown Motors reported an operating profit of $61.3 million, driven by the sale of its Lordstown facility. The company is focused on launching the Endurance electric pickup truck and developing new vehicles through its joint venture with Foxconn. They ended the quarter with $236 million in cash.

Lordstown Motors reported a net loss of $95.8 million for Q3 2021. The company focused on a strategic shift by executing an asset purchase agreement with Foxconn, aiming to transfer the Lordstown plant and establish a contract manufacturing agreement. They also agreed to pursue a joint venture with Foxconn to design and develop vehicle programs.

Lordstown Motors reported a net loss of $108.2 million for the second quarter of 2021. The company is on track to begin limited production in late September and expects capital expenditures between $375 and $400 million for the year.

Lordstown Motors released its fourth quarter and full year 2020 financial results, highlighting the anticipation of delivering first beta vehicles and the unveiling of a second vehicle prototype in 2Q21. The company remains on track to start Endurance production in late September.