lordstown motors corp., an automotive company, develops, manufactures, and sells light duty electric trucks targeted for sale to fleet customers. it primarily develops endurance, an electric full-size pickup truck. lordstown motors corp. was founded in 2019 and is based in lordstown, ohio.
Company profile
Ticker
NRDE, RIDEQ
Exchange
Website
CEO
Stephen S. Burns
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Toyota Motor • General Motors • PACCAR • Navistar International • XPeng • Li Auto • VinFast Auto • Tesla • Oshkosh • Rivian Automotive ...
Former names
DiamondPeak Holdings Corp.
SEC CIK
Corporate docs
Subsidiaries
Lordstown EV Corporation • Lordstown EV Sales LLC ...
IRS number
832533239
NRDE stock data
Latest filings (excl ownership)
10-Q
2024 Q2
Quarterly report
13 Aug 24
8-K
Other Events
16 May 24
10-Q
2024 Q1
Quarterly report
14 May 24
8-K
Changes in Registrant's Certifying Accountant
18 Apr 24
SEC STAFF ACTION
SEC staff action: Order
3 Apr 24
8-K
Nu Ride Inc., Formerly Known as Lordstown Motors Corp., Emerges from Chapter 11 with the New Ticker Symbol “NRDE” on the OTC Pink Market
14 Mar 24
8-K
In the United States Bankruptcy Court for the District of Delaware
7 Mar 24
8-K
Regulation FD Disclosure
1 Mar 24
10-K
2023 FY
Annual report
28 Feb 24
8-K
Regulation FD Disclosure
1 Feb 24
Transcripts
NRDE
Earnings call transcript
2022 Q4
6 Mar 23
NRDE
Earnings call transcript
2022 Q3
8 Nov 22
NRDE
Earnings call transcript
2022 Q3
8 Nov 22
NRDE
Earnings call transcript
2022 Q2
4 Aug 22
NRDE
Earnings call transcript
2022 Q2
4 Aug 22
NRDE
Earnings call transcript
2022 Q1
9 May 22
NRDE
Earnings call transcript
2022 Q1
9 May 22
NRDE
Earnings call transcript
2021 Q4
28 Feb 22
NRDE
Earnings call transcript
2021 Q4
28 Feb 22
NRDE
Earnings call transcript
2021 Q3
12 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 62.25 mm | 62.25 mm | 62.25 mm | 62.25 mm | 62.25 mm | 62.25 mm |
Cash burn (monthly) | 5.06 mm | 4.46 mm | (no burn) | 2.43 mm | 5.06 mm | 7.18 mm |
Cash used (since last report) | 8.97 mm | 7.90 mm | n/a | 4.30 mm | 8.97 mm | 12.73 mm |
Cash remaining | 53.28 mm | 54.36 mm | n/a | 57.95 mm | 53.28 mm | 49.52 mm |
Runway (months of cash) | 10.5 | 12.2 | n/a | 23.9 | 10.5 | 6.9 |
Institutional ownership, Q2 2024
13F holders | Current |
---|---|
Total holders | 6 |
Opened positions | 2 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 12.73 mm |
Total shares | 21.97 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Hon Hai Precision Ind. | 21.87 mm | $10.21 mm |
Integrated Core Strategies | 100.00 k | $2.01 mm |
Horizon Financial Services | 133.00 | $231.00 k |
Old Point Trust & Financial Services N A | 100.00 | $174.00 k |
Huntington National Bank | 50.00 | $87.00 k |
Thurston, Springer, Miller, Herd & Titak | 13.00 | $22.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
13 May 24 | Neil Weiner | Class A Common Stock | Grant | Acquire A | No | No | 0 | 52,747 | 0.00 | 52,747 |
13 May 24 | Matina Alexander C | Class A Common Stock | Grant | Acquire A | No | No | 0 | 52,747 | 0.00 | 52,747 |
13 May 24 | Andrew L. Sole | Class A Common Stock | Grant | Acquire A | No | No | 0 | 52,747 | 0.00 | 52,747 |
13 May 24 | Zyngier Alexandre | Class A Common Stock | Grant | Acquire A | No | No | 0 | 52,747 | 0.00 | 52,747 |
13 May 24 | Michael J. Wartell | Class A Common Stock | Grant | Acquire A | No | No | 0 | 52,747 | 0.00 | 52,747 |