Mullen Automotive Inc. financial data

Symbol
MULN on Nasdaq
Location
1405 Pioneer Street, Brea, CA
Fiscal year end
September 30
Latest financial report
10-Q/A - Q2 2025 - Aug 15, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 26.5 % -76.3%
Quick Ratio 17.7 % -33.4%
Debt-to-equity -281 % -412%
Return On Equity 651 %
Return On Assets -316 % -111%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 4.6M shares -88.5%
Common Stock, Shares, Outstanding 99.6K shares -99.4%
Entity Public Float 40.7M USD -88.7%
Common Stock, Value, Issued 100 USD -99.4%
Weighted Average Number of Shares Outstanding, Basic 11.6K shares
Weighted Average Number of Shares Outstanding, Diluted 12.1M shares +4278%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 474K USD +626%
Revenue from Contract with Customer, Excluding Assessed Tax 474K USD +626%
Cost of Revenue 10.6M USD +29243%
Research and Development Expense 53.6M USD -33.5%
General and Administrative Expense 157M USD -25.2%
Operating Income (Loss) -269M USD +44.1%
Nonoperating Income (Expense) -215M USD -146%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -561M USD -3.69%
Income Tax Expense (Benefit) 3.2K USD -50%
Net Income (Loss) Attributable to Parent -468M USD -3.12%
Earnings Per Share, Basic 108M USD/shares
Earnings Per Share, Diluted -7.91 USD/shares +99.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 455K USD -87.2%
Accounts Receivable, after Allowance for Credit Loss, Current 0 USD
Inventory, Net 28.1M USD -25.6%
Assets, Current 42.4M USD -37.3%
Property, Plant and Equipment, Net 30.2M USD
Operating Lease, Right-of-Use Asset 2.48M USD -18.4%
Intangible Assets, Net (Excluding Goodwill) 12.5M USD -55.2%
Goodwill 0 USD
Other Assets, Noncurrent 1.67M USD -6.79%
Assets 89.2M USD -53.6%
Accounts Payable, Current 42.4M USD +45%
Employee-related Liabilities, Current 2.02M USD +9%
Accrued Liabilities, Current 14.9M USD -65.8%
Liabilities, Current 186M USD +47.3%
Deferred Income Tax Liabilities, Net 0 USD -100%
Operating Lease, Liability, Noncurrent 9.73M USD -16.4%
Liabilities 196M USD +40.9%
Retained Earnings (Accumulated Deficit) -2.61B USD -21.8%
Stockholders' Equity Attributable to Parent -108M USD -409%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -107M USD -302%
Liabilities and Equity 89.2M USD -53.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -25.6M USD +57.3%
Net Cash Provided by (Used in) Financing Activities 19.8M USD
Net Cash Provided by (Used in) Investing Activities -2.22M USD +67.7%
Common Stock, Shares Authorized 5B shares 0%
Common Stock, Shares, Issued 99.6K shares -99.4%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -8.01M USD +88%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 900K USD -77.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities 250K USD
Deferred Tax Assets, Valuation Allowance 246M USD +58.1%
Deferred Tax Assets, Gross 162M USD -38.5%
Operating Lease, Liability 12M USD -17.7%
Depreciation 13.7M USD -12.4%
Payments to Acquire Property, Plant, and Equipment 2.22M USD -67.7%
Lessee, Operating Lease, Liability, to be Paid 21.9M USD -26.3%
Property, Plant and Equipment, Gross 44.1M USD -57%
Operating Lease, Liability, Current 2.24M USD -22.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 4.96M USD -2.36%
Lessee, Operating Lease, Liability, to be Paid, Year One 5.01M USD -23%
Operating Lease, Weighted Average Discount Rate, Percent 0.28 pure 0%
Deferred Income Tax Expense (Benefit) 0 USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 9.96M USD -34.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 4.76M USD -5.39%
Deferred Tax Assets, Operating Loss Carryforwards 175M USD +47.2%
Preferred Stock, Shares Authorized 126M shares -74.7%
Unrecognized Tax Benefits 15.2M USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.29M USD -73.4%
Operating Lease, Payments 1.75M USD +124%
Additional Paid in Capital 2.5B USD +14.9%
Amortization of Intangible Assets 3.1M USD -44.3%
Depreciation, Depletion and Amortization 4.75M USD +9.25%
Deferred Tax Assets, Net of Valuation Allowance 144K USD -99%
Share-based Payment Arrangement, Expense 78.3M USD +79.5%
Interest Expense 260K USD -86.2%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%