Create Account
Log In
Dark
chart
exchange
Premium
Terminal
Screener
Stocks
Crypto
Forex
Trends
Depth
Close
Check out our Level2View


Workhorse Q2 COGS $14.8M, Up From $1.5M YoY; Increase Was Related To Increase In Volume Shipped, Write Down Of WIP And finished Goods Inventory And Increase In Employee, Consulting, Manufacturing OVerhead And Freight Costs


Benzinga | Aug 9, 2021 09:05AM EDT

Workhorse Q2 COGS $14.8M, Up From $1.5M YoY; Increase Was Related To Increase In Volume Shipped, Write Down Of WIP And finished Goods Inventory And Increase In Employee, Consulting, Manufacturing OVerhead And Freight Costs

Cost of goods sold increased to $14.8 million from $1.5 million in the same period last year. The increase in cost of goods sold was primarily related to an increase in the volume of trucks shipped, a write down of work in process and finished goods inventory to the lower of cost or net realizable value and an increase of employee, consulting, manufacturing overhead and freight costs.






Share
About
Pricing
Policies
Markets
API
Info
tz UTC-4
Connect with us
ChartExchange Email
ChartExchange on Discord
ChartExchange on X
ChartExchange on Reddit
ChartExchange on GitHub
ChartExchange on YouTube
© 2020 - 2025 ChartExchange LLC