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Aurora Innovation, Inc. Financial Report: Key Insights for 2024

$AUR
Form 8-K
Filed on: 2025-01-03
Source
Aurora Innovation, Inc. Financial Report: Key Insights for 2024

Based on the provided section of the financial report, here are the key pieces of information and insights extracted:

  1. Company Identification:
  • Name: Aurora Innovation, Inc.
  • CIK Number: 0001828108
  • SEC File Number: 001-40216
  • EIN: 98-1562265
  • Address: 1654 Smallman St, Pittsburgh, PA 15222
  • Contact: Phone number is 888-583-9506.
  1. Reporting Period:
  • The report covers the period ending on December 31, 2024.
  1. Securities Information:
  • Class A Common Stock:
    • Par Value: $0.00001 per share.
    • Ticker Symbol: AUR (listed on NASDAQ).
  • Redeemable Warrants:
    • Each whole warrant is exercisable for one share of Class A common stock.
    • Exercise Price: $11.50.
    • Ticker Symbol: AUROW (listed on NASDAQ).
  1. Segments:
  • The report details two segments under the "Statement Class Of Stock Axis":
    • Common Class A Member: This likely refers to the Class A common stock.
    • Warrant Member: This refers to the redeemable warrants.
  1. XML and XBRL Structure:
  • The report is structured in XBRL format which is designed to facilitate the reporting and analysis of financial data.
  • The document references a schema file (aur-20241231.xsd), indicating that it adheres to specific reporting standards.

Insights:

  • The company is actively reporting on both its common stock and warrants, indicating a dual security structure that may appeal to different investor strategies.
  • The exercise price of the warrants at $11.50 suggests a potential leverage opportunity for investors if the market price of the common stock rises above this level.
  • The filing date suggests that the data is current as of the end of 2024, which is important for assessing the company’s position and performance relative to that timeframe.
  • The detailed structure of the report indicates transparency and adherence to regulatory standards, which is favorable for investor confidence.

Overall, this financial report section provides insights into Aurora Innovation, Inc.'s securities and their financial structuring as of the end of 2024.