Nikola Results Presentation Deck
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NIKOLA
2021 Outlook
In Thousands
Except Deliveries, Share, and per Share Data
Deliveries (units)
Revenue
Gross margin
Research and development
Selling, general, and administrative
Stock based compensation (1,2)
Capital expenditures
Expected total shares outstanding as of 3/31/21 and 12/31/21 (3)
Expected weighted average shares outstanding fiscal year 2021
Q1 2021 Range
High
TRUCK UPDATES
Low
NM
$70,000
$60,000
1) Stock based compensation for Q1 2021 allocated as: $6M to R&D and $37M to SG&A
2) Stock based compensation for FY 2021 allocated as: $27M to R&D and $152M to SG&A
3)
Shares outstanding as of 12/31/2020 plus estimated employee stock option exercises and restricted stock unit distributions
$50,000
$43,000
$75,000
NM
$65,000
$60,000
393,000,000
392,000,000
ULM FACILITY UPDATE COOLIDGE FACILITY UPDATE Q4 & FY 2020 RESULTS FY 2021 OUTLOOK
FY 2021 Range
Low
High
50
$15,000
-190%
$305,000
$235,000
$210,000
$179,000
$30,000
APPENDIX
100
$315,000
$245,000
400,000,000
-150%
395,000,000
$230,000View entire presentation