KNDI: financial statements from SEC

Income statement

Metric	31 Dec 2025	31 Dec 2024	31 Dec 2023	31 Dec 2022
Revenue	87M	128M	124M	118M
Cost of revenue	50M	88M	82M	98M
Gross profit	37M	39M	41M	20M
Research and development	8M	5M	4M	6M
Selling, general and administrative	54M	58M	35M	32M
Operating expenses	94M	108M	54M	47M
Operating income	−57M	−69M	−13M	−28M
Pre-tax income	−92M	−56M	3M	−13M
Income tax	4M	−5M	2M	−487,510
Net income	−94M	−50M	7,132	−12M
Earnings per share	−1.14	−0.59	0.02	−0.17
Earnings per share, diluted	−1.14	−0.59	0.02	−0.17
Weighted average shares	84M	86M	79M	76M
Weighted average shares, diluted	84M	86M	80M	76M

Metric	19 Aug 2026	18 Aug 2026	31 Dec 2025	31 Dec 2024	31 Dec 2023	31 Dec 2022	31 Dec 2021
Cash and equivalents	—	—	36M	37M	34M	84M	169M
Receivables	—	—	22M	26M	19M	—	—
Inventory	—	—	26M	51M	62M	—	—
Current assets	—	—	301M	355M	344M	—	—
Property, plant and equipment	—	—	59M	64M	99M	—	—
Goodwill	—	—	22M	31M	33M	—	—
Total assets	—	—	400M	474M	495M	—	—
Current liabilities	—	—	128M	120M	77M	—	—
Short-term debt	—	—	31M	38M	9M	—	—
Long-term debt	—	—	—	6M	8M	—	—
Total liabilities	—	—	130M	127M	89M	—	—
Equity	—	—	270M	345M	404M	398M	443M
Shares outstanding	—	—	83M	85M	87M	—	—
Shares issued	—	—	85M	88M	88M	—	—
Treasury shares	—	—	2M	2M	184,566	—	—

Metric	31 Dec 2025	31 Dec 2024	31 Dec 2023	31 Dec 2022
Operating cash flow	97M	−18M	−101M	31M
Depreciation and amortisation	6M	12M	12M	12M
Share-based compensation	7M	7M	11M	2M
Investing cash flow	−77M	26M	32M	−35M
Share buybacks	—	4M	510,745	7M
Financing cash flow	−15M	23M	15M	−4M