Solid Power, Inc. (SLDPW)
Solid Power, Inc. engages in the manufacture and supply of power batteries. The firm develops all solid state battery cell technology that replaces the liquid or gel polymer electrolyte used in conventional lithium-ion battery cells with a sulfide-based solid electrolyte. It focuses on the development and commercialization of all solid state battery cells and solid electrolyte materials, primarily for the battery-powered electric vehicle market. The company was founded on August 3, 2011 and is headquartered in Louisville, CO.
Sector: Miscellaneous Electrical Machinery, Equipment & Supplies
Industry: Auto - Parts
Solid Power, Inc.
+0.10%$0.0104
Prev close$0.01040.00%Close$0.0104
Mkt Cap$2.38M
Float194.48M
O/S229.19M
Inst Own-
SI<0.1%
Dilution
Financials Summary
Revenue$21.75M
Net Income-$93.41M
Total Assets$455.09M
Free Cash Flow-$83.6M
Debt & Equity
Debt 2%
Equity 98%
Total Debt$7.99M
Total Equity$416.17M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in SLDPW's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$455.09M
Liabilities$38.92M
Accounts Receivable$9.64M
Accounts Payable$8.52M
Inventory$0
PP&E (Net)$93.05M
Goodwill$0
Intangible Assets$2.17M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Revenue | $21.75M | $20.14M | $17.41M | $11.79M | $2.71M | $2.1M | $2.28M |
| YoY Growth | 8.0% | 15.7% | 47.7% | 334.7% | 29.0% | -7.6% | - |
| Cost of Revenue | $20.65M | $20.28M | $27.73M | $9.59M | $3.07M | $1.67M | $1.82M |
| Gross Profit | $1.1M | -$145K | -$10.32M | $2.2M | -$361K | $433K | $454K |
| Gross Margin | 5.0% | -0.7% | -59.3% | 18.6% | -13.3% | 20.6% | 20.0% |
| Research and Development | $72.51M | $73.34M | $54.75M | $38.59M | $9.59M | $7.51M | $7.24M |
| Selling, General, and Administrative | $29.42M | $31.85M | $25.55M | $22.72M | $9.08M | $2.43M | $1.54M |
| Other | $0 | $0 | $0 | $0 | $7.51M | $2.09M | $917K |
| Total Operating Expenses | $101.93M | $105.19M | $80.3M | $61.32M | $26.18M | $12.03M | $9.7M |
| Operating Income (EBIT) | -$100.83M | -$105.33M | -$90.62M | -$59.12M | -$26.55M | -$11.59M | -$9.25M |
| Operating Margin | -463.7% | -523.0% | -520.5% | -501.5% | -978.8% | -551.3% | -406.3% |
| Interest Expense | $25K | $46K | $84K | $42K | $394K | $361K | $59K |
| Interest Income | $13.2M | $17.67M | $20.27M | $8.48M | $56K | $28K | $232K |
| Other Income (Expense) | $7.41M | $10.01M | $25.07M | $49.34M | $44.61M | -$2.66M | $173K |
| Income Before Tax (EBT) | -$93.42M | -$95.33M | -$65.55M | -$9.78M | $18.07M | -$14.26M | -$9.07M |
| Income Tax Expense | -$8K | $1.19M | $0 | -$227K | -$25K | $118K | $135K |
| Net Income | -$93.41M | -$96.52M | -$65.55M | -$9.55M | $18.09M | -$14.38M | -$9.21M |
| Net Income Margin | -429.5% | -479.3% | -376.5% | -81.1% | 667.1% | -683.5% | -404.6% |
| Supplementary Data | |||||||
| EPS | -0.51 | -0.54 | -0.37 | -0.05 | 0.08 | -0.21 | -0.06 |
| Diluted EPS | -0.51 | -0.54 | -0.37 | -0.05 | 0.08 | -0.21 | -0.06 |
| Weighted Average OS | 184.90M | 179.40M | 178.01M | 174.37M | 167.56M | 69.89M | 167.56M |
| EBITDA | -$73.6M | -$77.92M | -$52.73M | -$3.82M | $20.82M | -$9.53M | -$6.89M |
| EBITDA Margin | -338.4% | -386.9% | -302.9% | -32.4% | 767.7% | -453.0% | -302.8% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Assets | |||||||
| Current Assets | |||||||
| Cash and Cash Equivalents | $21.61M | $25.41M | $34.54M | $50.12M | $513.45M | $4.97M | $10.63M |
| Short-Term Investments | $229.18M | $92.78M | $141.5M | $272.96M | $75.89M | $0 | $0 |
| Cash and Short-Term Investments | $250.78M | $118.2M | $176.04M | $323.08M | $589.33M | $4.97M | $10.63M |
| Accounts Receivable | $9.64M | $1.39M | $1.55M | $1.84M | $829K | $277K | $272K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $7M | $5.65M | $5.52M | $2.89M | $0 | $0 | $0 |
| Total Current Assets | $267.43M | $125.24M | $183.12M | $327.81M | $594.38M | $5.48M | $11.16M |
| Long-Term Assets | |||||||
| Property, Plant & Equipment Net | $93.05M | $105.55M | $107.4M | $91.41M | $22.08M | $8.48M | $9.46M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $2.17M | $2.07M | $1.65M | $1.11M | $619K | $248K | $217K |
| Long-Term Investments | $87M | $210.4M | $239.57M | $172.97M | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $5.46M | $4.99M | $1.06M | $1.15M | $602K | $0 | $0 |
| Total Long-Term Assets | $187.66M | $323.01M | $349.67M | $266.64M | $23.3M | $8.73M | $9.68M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $455.09M | $448.25M | $532.79M | $594.45M | $617.68M | $14.21M | $20.84M |
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts Payable | $8.52M | $8.12M | $6.46M | $11.33M | $4.33M | $202K | $257K |
| Short-Term Debt | $0 | $0 | $0 | $7K | $120K | $1.24M | $676K |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $370K | $3.15M | $829K | $4.05M | $500K | $38K | $459K |
| Other Current Liabilities | $7.04M | $7.58M | $7.59M | $3.27M | $1.15M | $295K | $242K |
| Total Current Liabilities | $16.8M | $19.97M | $15.88M | $20.73M | $8.37M | $1.84M | $1.68M |
| Long-Term Liabilities | |||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $10K | $5.1M | $5.73M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $226K | $252K | $135K |
| Other Long-Term Liabilities | $14.99M | $9.68M | $5.03M | $9.12M | $50.41M | $3.14M | $381K |
| Total Long-Term Liabilities | $22.12M | $17.97M | $13.58M | $18.34M | $50.65M | $8.49M | $6.25M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $38.92M | $37.94M | $29.46M | $39.07M | $59.02M | $10.34M | $7.93M |
| Stockholders' Equity | |||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $109.18M | $29.1M |
| Common Stock | $20K | $18K | $18K | $18K | $17K | $7K | $721 |
| Retained Earnings | -$274.9M | -$181.17M | -$84.64M | -$19.09M | -$9.54M | -$27.63M | -$16.2M |
| Comprehensive Income & Other | $354K | $39K | -$559K | -$3.16M | -$0 | $0 | $0 |
| Other Stockholders' Equity | $691.06M | $591.47M | $587.96M | $574.44M | $568.18M | $31.49M | $29.1M |
| Total Equity | $416.17M | $410.31M | $503.33M | $555.37M | $558.66M | $3.87M | $12.9M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $455.09M | $448.25M | $532.79M | $594.45M | $617.68M | $14.21M | $20.84M |
| Supplementary Data | |||||||
| Total Debt | $7.99M | $9.41M | $9.55M | $10.05M | $130K | $6.34M | $6.41M |
| Net Debt | -$13.62M | -$16.01M | -$24.98M | -$40.07M | -$513.32M | $1.36M | -$4.22M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Operating Activities | |||||||
| Net Income | -$93.41M | -$96.52M | -$65.55M | -$9.55M | $18.09M | -$14.38M | -$9.21M |
| Depreciation & Amortization | $19.79M | $17.36M | $12.73M | $5.92M | $2.36M | $2.07M | $1.44M |
| Deferred Income Tax | $0 | $0 | $0 | -$227K | -$25K | $118K | $135K |
| Stock-Based Compensation | $8.99M | $11.97M | $10.37M | $8.67M | $2.71M | $182K | $119K |
| Changes in Working Capital: | |||||||
| Accounts Receivable | -$7.21M | $160K | $288K | -$1.01M | -$552K | -$4K | $147K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | -$147K |
| Accounts Payable | $1.42M | $1.27M | $1.81M | -$1.11M | $778K | -$120K | -$7K |
| Other Working Capital | -$4.68M | $2.25M | -$2.22M | $7.49M | -$528K | -$382K | -$1.07M |
| Total Working Capital Change | -$10.47M | $3.68M | -$121K | $5.38M | -$302K | -$506K | -$1.08M |
| Other Non-Cash Items | $1.71M | -$393K | -$15.69M | -$44.01M | -$48.28M | $2.52M | $4K |
| Net Cash from Operating | -$73.39M | -$63.9M | -$58.26M | -$33.82M | -$25.44M | -$9.99M | -$8.59M |
| Investing Activities | |||||||
| Capital Expenditures | -$10.21M | -$15.94M | -$34.51M | -$58.79M | -$12.62M | -$1.02M | -$3.12M |
| Acquisitions | $0 | -$656K | $0 | $498K | $0 | $0 | $0 |
| Purchases of Investments | -$277.73M | -$216.19M | -$327.59M | -$561.57M | -$75.89M | $0 | $0 |
| Sales of Investments | $268.89M | $302.97M | $405.16M | $190.37M | $0 | $0 | $0 |
| Other Investing Activities | -$853K | -$5.97M | -$556K | -$498K | -$381K | -$40K | $9K |
| Net Cash from Investing | -$19.9M | $64.2M | $42.5M | -$429.99M | -$88.88M | -$1.06M | -$3.11M |
| Financing Activities | |||||||
| Debt Repaid | $284K | $427K | $369K | $142K | -$2.28M | -$5.37M | -$5.88M |
| Common Stock Issuance | $5M | $412K | $434K | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$3.59M | -$9.07M | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $88.36M | -$342K | $108K | $748K | $490.98M | $23K | $8K |
| Net Cash from Financing | $89.48M | -$9.43M | $173K | $485K | $622.8M | $5.39M | $5.89M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$3.81M | -$9.12M | -$15.59M | -$463.32M | $508.47M | -$5.66M | -$5.81M |
| Supplementary Data | |||||||
| Operating Cash Flow | -$73.39M | -$63.9M | -$58.26M | -$33.82M | -$25.44M | -$9.99M | -$8.59M |
| Capital Expenditure | -$10.21M | -$16.38M | -$35.07M | -$58.79M | -$13M | -$1.06M | -$3.12M |
| Free Cash Flow | -$83.6M | -$80.28M | -$93.33M | -$92.62M | -$38.44M | -$11.05M | -$11.71M |
| Cash at Beginning | $25.41M | $34.54M | $50.12M | $513.45M | $4.97M | $10.63M | $16.45M |
| Cash at End | $21.61M | $25.41M | $34.54M | $50.12M | $513.45M | $4.97M | $10.63M |