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
RIDEQ, RIDEQ
Exchange
Website
CEO
Stephen S. Burns
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
DiamondPeak Holdings Corp.
SEC CIK
Corporate docs
Subsidiaries
Lordstown EV Corporation • Lordstown EV Sales LLC ...
IRS number
832533239
RIDEQ stock data
Latest filings (excl ownership)
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
8-K
Regulation FD Disclosure
9 Jan 24
8-K
Departure of Directors or Certain Officers
4 Jan 24
10-Q
2023 Q3
Quarterly report
14 Nov 23
Transcripts
RIDEQ
Earnings call transcript
2022 Q4
6 Mar 23
RIDEQ
Earnings call transcript
2022 Q3
8 Nov 22
RIDEQ
Earnings call transcript
2022 Q3
8 Nov 22
RIDEQ
Earnings call transcript
2022 Q2
4 Aug 22
RIDEQ
Earnings call transcript
2022 Q2
4 Aug 22
RIDEQ
Earnings call transcript
2022 Q1
9 May 22
RIDEQ
Earnings call transcript
2022 Q1
9 May 22
RIDEQ
Earnings call transcript
2021 Q4
28 Feb 22
RIDEQ
Earnings call transcript
2021 Q4
28 Feb 22
RIDEQ
Earnings call transcript
2021 Q3
12 Nov 21
Latest ownership filings
4
Andrew L. Sole
1 Apr 24
3
Andrew L. Sole
1 Apr 24
3
Neil Weiner
28 Mar 24
3
WILLIAM C GALLAGHER
25 Mar 24
3
Alexander C Matina
25 Mar 24
3
Michael J. Wartell
25 Mar 24
3
ALEXANDRE ZYNGIER
25 Mar 24
4
Change in insider ownership
18 Mar 24
3
Initial statement of insider ownership
18 Mar 24
4
Melissa A. Leonard
18 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
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) | 93.65 mm | 93.65 mm | 93.65 mm | 93.65 mm | 93.65 mm | 93.65 mm |
Cash burn (monthly) | 7.36 mm | 5.05 mm | 5.83 mm | 37.52 mm | 14.77 mm | 13.56 mm |
Cash used (since last report) | 50.52 mm | 34.65 mm | 40.03 mm | 257.56 mm | 101.39 mm | 93.09 mm |
Cash remaining | 43.14 mm | 59.00 mm | 53.62 mm | -163.91 mm | -7.74 mm | 560.98 k |
Runway (months of cash) | 5.9 | 11.7 | 9.2 | -4.4 | -0.5 | 0.0 |
Institutional ownership, Q2 2023
13F holders | Current |
---|---|
Total holders | 67 |
Opened positions | 17 |
Closed positions | 81 |
Increased positions | 3 |
Reduced positions | 45 |
13F shares | Current |
---|---|
Total value | 4.60 bn |
Total shares | 24.15 mm |
Total puts | 336.32 k |
Total calls | 727.81 k |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
Hon Hai Precision Ind. | 21.87 mm | $10.21 mm |
Crestline Management | 600.00 k | $1.28 bn |
Philosophy Capital Management | 544.43 k | $1.16 bn |
Keyframe Capital Partners | 250.00 k | $532.50 mm |
Millennium Management | 124.58 k | $265.36 mm |
Integrated Core Strategies | 100.00 k | $2.01 mm |
Cantor Fitzgerald, L. P. | 74.60 k | $158.90 mm |
Cannell Peter B & Co | 56.52 k | $120.38 mm |
Dean Capital Investments Management | 46.00 k | $97.98 mm |
DB Deutsche Bank AG - Registered Shares | 45.74 k | $97.42 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
18 Mar 24 | Esopus Creek Value Series Fund LP - Series A | Common Stock, par value $0.0001 | Buy | Acquire P | Yes | No | 2.2987 | 264,963 | 609.07 k | 700,000 |
15 Mar 24 | Esopus Creek Value Series Fund LP - Series A | Common Stock, par value $0.0001 | Buy | Acquire P | Yes | No | 2.3023 | 225,000 | 518.02 k | 435,037 |
14 Mar 24 | Esopus Creek Value Series Fund LP - Series A | Common Stock, par value $0.0001 | Buy | Acquire P | Yes | No | 2.2474 | 52,603 | 118.22 k | 210,037 |
14 Mar 24 | Melissa A. Leonard | Class A common stock | Payment of exercise | Dispose F | No | No | 0 | 2,079 | 0.00 | 28,943 |
14 Mar 24 | Melissa A. Leonard | Class A common stock | Grant | Acquire A | No | No | 0 | 6,000 | 0.00 | 31,022 |
14 Mar 24 | Melissa A. Leonard | Class A common stock | Payment of exercise | Dispose F | No | No | 0 | 6,237 | 0.00 | 25,022 |
14 Mar 24 | Melissa A. Leonard | Class A common stock | Option exercise | Acquire M | No | No | 0 | 18,000 | 0.00 | 31,259 |
14 Mar 24 | Melissa A. Leonard | Class A common stock | Payment of exercise | Dispose F | No | No | 0 | 1,925 | 0.00 | 13,259 |
14 Mar 24 | Melissa A. Leonard | Class A common stock | Option exercise | Acquire M | No | No | 0 | 5,555 | 0.00 | 15,184 |
14 Mar 24 | Melissa A. Leonard | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 18,000 | 0.00 | 0 |