Bolt Projects Q3 prelim revenue ~$370k (+7,000% YoY); raises FY2025 gross profit guidance to $1.0M

Bolt Projects Holdings, Inc.

2025-Q3 EPS reported -$8.21 revenue$1,843,000

Q3 prelim revenue ~$370k, up 7,000% YoY; gross margin at least 15% vs 5% in Q2.
FY2025 revenue guidance unchanged at ~$4.5M (+228% YoY); gross profit guidance raised to $1.0M from $0.5M.
Initiated $20M equity line of credit with Ascent Partners; began drawing in October 2025.
Discontinued mycelium leather business; focusing solely on Vegan Silk platform for beauty and personal care.
Also disclosed a $30M convertible debt facility from recent proxy filing to improve balance sheet.

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