Name | Value |
---|---|
Revenues | 3.8M |
Cost of Revenue | 6.3M |
Gross Profit | -2.5M |
Operating Expense | 18.8M |
Operating I/L | -21.3M |
Other Income/Expense | 2.2M |
Interest Income | 4.8M |
Pretax | -19.2M |
Income Tax Expense | 2.7M |
Net Income/Loss | -21.8M |
Solid Power Inc. specializes in developing all-solid-state battery cells tailored for electric vehicles and mobile power markets. The company's innovative technology aims to address the growing demand for high-performance, safe, and reliable energy storage solutions in the transportation and portable power sectors. By leveraging their expertise in solid-state battery technology, Solid Power Inc. generates revenue by licensing their proprietary battery cells to electric vehicle manufacturers and other mobile power device makers, contributing to the advancement of sustainable energy solutions in the United States and beyond.