Nikola Results Presentation Deck slide image

Nikola Results Presentation Deck

1 3 PAGE NIKOLA FINANCIAL OVERVIEW (CONTINUED) 1) 2) 123 3) In Thousands Except Share and per Share Data Net loss attributable to common stockholders Adjustments to reconcile to non-GAAP net loss: Stock based compensation Premium paid on repurchase of redeemable convertible preferred stock Revaluation of warrant liability Revaluation of derivative liability 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 Q3 2021 ($267,567) 49,047 (4,467) (319) 9,771 125,000 ($88,535) ($0.22) ($0.22) Q3 2020 ($79,704) 52,196 (37,745) 5,173 ($60,080) ($0.16) ($0.16) Q3 2021 YTD ($531,022) 151,983 (2,907) (319) 35,657 125,000 ($221,608) ($0.56) ($0.56) Q3 2020 YTD ($242,039) 91,736 13,407 (8,588) 5,173 ($140,311) ($0.44) ($0.44) Regulatory and legal matters include legal, advisory, and other professional service fees incurred in connection with the Hindenburg article from September 2020, and investigations and litigation related thereto Reserved loss contingency from discussion with the SEC Staff of the Division of Enforcement regarding a potential resolution to the SEC investigation For reconciliation of GAAP to Non-GAAP financial measures please refer to slides 18 and 19 "Reconciliation to Non-GAAP Measures"
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