secwatch.observer — SEC 8-K summary
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Issuer:     Joby Aviation, Inc. (JOBY)
CIK:        0001819848
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0001819848-23-000422
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Joby Q3 net income $1.5M on derivative gain; operating loss $128M; cert progress 84%
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- Net income $1.5M vs. -$79.2M YoY, driven by $116.1M derivative revaluation gain; operating expenses $128.2M.
- Adjusted EBITDA loss $93.1M; cash & short-term investments $1.1B at quarter end.
- 84% of FAA Certification Plans accepted; stage 3 nearing completion; Energy Storage plan accepted.
- First eVTOL delivered to US Air Force months early under $131M contract; second aircraft on track for 2024.
- Dayton, OH selected for scaled manufacturing; up to $325M in state/local incentives; three aircraft in production.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819848/000181984823000422/0001819848-23-000422-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819848/000181984823000422/joby-20231101.htm
  HTML page:      https://secwatch.observer/filing/0001819848-23-000422

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