Solid Power, Inc. reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was USD 4.65 million compared to USD 6.37 million a year ago. Net loss was USD 22.42 million compared to USD 15.14 million a year ago. Basic loss per share from continuing operations was USD 0.13 compared to USD 0.08 a year ago. Diluted loss per share from continuing operations was USD 0.13 compared to USD 0.08 a year ago. For the nine months, sales was USD 15.68 million compared to USD 15.06 million a year ago. Net loss was USD 65.9 million compared to USD 46.51 million a year ago. Basic loss per share from continuing operations was USD 0.37 compared to USD 0.26 a year ago. Diluted loss per share from continuing operations was USD 0.37 compared to USD 0.26 a year ago.
Solid Power is a Colorado-based energy technology company that designs and manufactures solid-state rechargeable batteries and electrolytes for electric vehicles.