Here are the 10-Q quarterly reports from Phoenix Motor Inc (PEVM) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow PEVM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PEVM filings page.
Phoenix Motor Inc. reported Q3 2025 results with lower sales and continuing losses. Revenue was $2.491M for the quarter, down from $4.772M a year ago. Gross profit was $0.669M, resulting in an operating loss of $1.962M and a net loss of $3.680M. For the nine months ended September 30, 2025, revenue totaled $9.644M versus $26.224M in the prior-year period.
Liquidity remains tight. Cash and cash equivalents were $276k as of September 30, 2025, with total assets of $51.759M and stockholders’ equity of $5.329M. The company disclosed “substantial doubt” about its ability to continue as a going concern and outlined plans to reduce costs, improve working capital, and pursue additional financing.
The warranty reserve decreased to $8.046M from $14.289M at year‑end 2024. Common stock outstanding was 12,549,503 as of September 30, 2025, and 12,870,917 as of November 10, 2025. Trading on Nasdaq was suspended on April 15, 2025; shares are quoted on the OTC Pink Market under “PEVM.”