Aurora Q2 revenue $21M, $1B goodwill impairment; cash runway to mid-2024

Aurora Innovation, Inc.

2022-Q2 EPS reported -$1.09 revenue$145,269,000

Collaboration revenue $21M in Q2 ($145M cumulative); cash & short-term investments $1.4B.
$1B non-cash goodwill impairment from market cap decline; operating expenses ex-items $171M.
Operating cash used $90M, capex $4M; cash runway extended to mid-2024.
Fault Management System demonstrated ahead of schedule; Schneider pilot launched, FedEx loads 335+.
Scalable truck platform delivery delayed to H1 2024; Aurora Driver feature complete by Q1 2023.

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