Bolt Projects Q1 rev $171K (9x YoY), net loss $6.0M; guides FY25 rev ≥$4.5M

Bolt Projects Holdings, Inc.

2025-Q1 EPS reported -$3.00 revenue$171,000

Q1 revenue $171K vs $19K YoY, driven by shipments to Goddess Maintenance and reorders.
Net loss $6.0M ($3.00 per share) vs $6.6M YoY; adjusted EBITDA -$3.1M.
Cash and cash equivalents $1.0M at Mar 31, down from $3.5M at Dec 31, 2024.
FY2025 revenue guidance at least $4.5M; FY2026 at least $9.0M; expects positive gross profit both years.
Added 7 granted patents in Q1; completed 20-to-1 reverse stock split on April 22, 2025.

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