secwatch.observer — SEC 8-K summary
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Issuer:     Solid Power, Inc. (SLDP)
CIK:        0001844862
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001104659-24-115314
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Solid Power Q3 revenue down 27% YoY to $4.7M; net loss $22.4M, maintains FY 2024 guidance
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- Q3 2024 revenue $4.7M (-$1.7M vs Q3 2023); net loss $22.4M ($0.13 per share).
- Total liquidity $348.1M as of Sept 30, 2024, down from $415.6M at year-end 2023.
- DOE selected Solid Power for up to $50M award negotiation for continuous sulfide electrolyte production.
- Extended BMW JDA; all SK On milestones achieved; electrolyte innovation center (EIC) commenced operations.
- FY 2024 outlook reaffirmed: revenue $16-20M; total cash investment $100-120M (ops $60-70M, capex $40-50M).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1844862/000110465924115314/0001104659-24-115314-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1844862/000110465924115314/tm2427698d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-115314

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