secwatch.observer — SEC 8-K summary
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Issuer:     QuantumScape Corp (QS)
CIK:        0001811414
Form:       8-K
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0000950170-25-018864
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QuantumScape reports Q4 net loss $114.7M, FY2024 net loss $477.9M; cash runway into H2 2028
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- Q4 2024 GAAP net loss $114.7M ($0.22/share); GAAP operating expenses $128.7M.
- Full-year 2024 GAAP net loss $477.9M; Adjusted EBITDA loss $285M, within guidance.
- Cash and marketable securities $910.8M; ATM program raised $128.5M; runway extended to H2 2028.
- 2025 guidance: capex $45M-$75M, Adjusted EBITDA loss $250M-$280M.
- Milestones: QSE-5 B0 samples produced (844 Wh/L, 12-min fast charge); Cobra equipment released; PowerCo JV team 150+ people.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1811414/000095017025018864/0000950170-25-018864-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1811414/000095017025018864/qs-20250212.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-018864

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer