Investor Presentaiton
THIRD QUARTER 2023 EARNINGS RELEASE
LUCID
Reconciliation of GAAP to Non-GAAP Financial Measures (Unaudited)
Three Months Ended September 30,
Nine Months Ended September 30,
2023
2022
2023
2022
(In thousands)
ADJUSTED EBITDA
Net loss (GAAP)
Interest expense
Interest income
Provision for income taxes
Depreciation and amortization
Change in fair value of common stock warrant liability
Stock based compensation
Restructuring charges
Adjusted EBITDA (non-GAAP)
FREE CASH FLOW
Net cash used in operating activities (GAAP)
Capital expenditures
Free cash flow (non-GAAP)
LUCID GROUP, INC.
es
$
AA
(630,894)
3,340
$
(530,101)
7,613
(66,064)
(24,373)
(2,174,654)
17,138
(145,594)
$
(831,812)
22,521
(27,284)
296
149
60,832
50,653
1,012
166,033
540
131,343
(60,316)
68,237
(140,146)
83,302
(61,647)
194,875
(998,319)
352,245
518
24,546
(624,051)
(552,903)
$
(1,978,291) $
(1,350,766)
SA
(513,582)
SA
(569,466)
(192,517)
(290,064)
es
$
(706,099) $
(859,530)
$
(2,015,204) $
(638,002)
(2,653,206) $
(1,577,743)
(784,964)
(2,362,707)
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