EVEX — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-04

• Investors and others should note that we announce financial information through our investor relations website (www.ir.eveairmobility.com) and our official social media channels identified on our investor relations website, and use our website and official social media channels to communicate with o…

• The aforementioned Services Agreements continue to be in full force and effect. Further information about such agreements is set forth in Note 4 of the unaudited condensed consolidated financial statements.

• We have submitted certification applications to the Brazilian ANAC, the FAA, and the EASA.

• Research and development expenses decreased by $16.7 million and $2.4 million for the three and six months ended June 30, 2026, respectively. The decrease in research and development expenses was primarily driven by the evolution of negotiations with certain contractors and the program development u…

• Selling, general and administrative expenses increased by $0.1 million and decreased by $0.5 million for the three and six months ended June 30, 2026, respectively. The decrease for the six-month period was primarily attributable to lower payroll expenses associated with restricted stock unit ("RSU"…

Text removed vs the prior filing · source: 10-Q · 2026-05-05

• The aforementioned Services Agreements continue to be in full force and effect. Further information about such agreements is set forth in our prospectus, dated January 18, 2023, filed with the SEC on January 20, 2023, pursuant to Rule 424(b) under the Securities Act.

• We have submitted certification applications to the Brazilian National Civil Aviation Agency (ANAC), the U.S. Federal Aviation Administration (FAA), and the European Union Aviation Safety Agency (EASA). Based on our preliminary interactions and internal assessments, our certification team does not c…

• Research and development expenses increased by $14.4 million for the three months ended March 31, 2026. The increase in research and development expenses was primarily driven by the MSA with Embraer who performs several developmental activities for Eve. These efforts continue to intensify with advan…

• Selling, general and administrative expenses decreased $0.6 million for the three months ended March 31, 2026. Although the number of direct Eve employees increased to approximately 210, total payroll expenses decreased year-over-year due to lower costs related to a decrease in Restricted Stock Unit…

• The Company invests cash in highly rated, short-term fixed-income instruments, primarily in US Dollars, with reputable financial institutions. Financial investment income increased $1.2 million for the three months ended March 31, 2026, primarily related to an increase in the average investment bala…

Text added vs the prior filing · source: 10-Q · 2026-08-04

• Per the stipulated scheduling order, the plaintiff filed an amended complaint on April 28, 2026, and the defendants moved to dismiss the amended complaint on June 29, 2026. On July 14, 2026, the plaintiff filed a notice and proposed order voluntarily dismissing all claims with prejudice as to himsel…

Text removed vs the prior filing · source: 10-Q · 2026-05-05

• Per the stipulated order staying all proceedings, the parties conferred and submitted a stipulation and proposed order governing case schedule to the Court on March 13, 2026, which the Court granted on March 24, 2026 (the “Scheduling Order”). Per the Scheduling Order, an amended complaint from the p…

• Based on the early stage of the case, we are unable to predict the ultimate outcome or estimate the range of possible loss, if any.