Nikola Results Presentation Deck slide image

Nikola Results Presentation Deck

NIKOLA. PAGE / 12 FINANCIAL OVERVIEW (CONTINUED) 123 In Thousands Except Share and per Share Data Net loss Adjustments to reconcile to non-GAAP net loss: Stock based compensation Revaluation of financial instruments Regulatory and legal matters (1) Legal Loss Contingency(2) Non-GAAP net loss (3) Non-GAAP net loss per share, basic Non-GAAP net loss per share, diluted Q1 2021 ($120,224) 50,266 (951) 14,866 ($56,043) ($0.14) ($0.14) Q2 2021 ($143,231) 52,670 2,511 11,019 ($77,031) ($0.20) ($0.20) Q3 2021 ($267,567) 49,047 (4,786) 9,771 125,000 (88,535) ($0.22) ($0.22) Q4 2021 ($159,416) 1. Regulatory and legal matters include legal, advisory, and other professional service fees incurred in connection with the short-seller article from September 2020, and investigations and litigation related thereto Reserved loss contingency related to the SEC Staff of the Division of Enforcement regarding the SEC investigation For reconciliation of GAAP to Non-GAAP financial measures please refer to slides 19 and 20 "Reconciliation to Non-GAAP Measures" 53,728 71 12,185 ($93,432) ($0.23) ($0.23) Q1 2022 ($152,941) 53,528 (3) 14,122 ($85,294) ($0.21) ($0.21) Q2 2022 ($172,997) 54,841 196 12,970 ($104,990) ($0.25) ($0.25)
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