An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Impairment of property, plant, and equipment, and other non-current assets

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Impairment of right-of-use assets

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Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Mullen Automotive

Mullen Automotive Inc. is a southern California-based electric vehicle company, which engages in the manufacture of passenger electric vehicles and commercial vehicles. The company was founded on April 20, 2010 and is headquartered in Brea, CA.

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Mullen Automotive Inc. operates as an electric vehicle company, which engages in the manufacture of passenger electric vehicles and commercial vehicles. It operates through the Bollinger and Mullen/ELMS segments. The company was founded by David Michery on April 20, 2010 and is headquartered in Brea, CA.

Mullen Automotive, Inc. Announces Major Milestones of Moving from Protype to Production for Class 3 Commercial Vehicles and Recording First Revenues Mullen Automotive, Inc. Announces Major Milestones of Moving from Protype to Production for Class 3 Commercial Vehicles and Recording First Revenues

Mullen Automotive Provides Fiscal Third Quarter Results and Current Business Update

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Mullen Automotive is conducting a 1-for-9 reverse stock split, its second in 2023 as dire market confidence towards its medium-term ability to remain a going concern drives shares to lows. The EV upstart is set to buy back its stock even as its outstanding share count has risen by 147% over the last year. Its large cash position is countered by steep free cash outflows and what's set to be continued near-term losses even as the company begins vehicle production.

Mullen Automotive Is Advancing In Reverse Into Failure

Mullen Automotive (NASDAQ: MULN ) stock is trading at a much higher price than when compared to yesterday, and that's entirely due to a 1-for-9 reverse stock split that became effective at 12:01 a.m. Eastern today.

MULN Stock Struggles to Stay Above $1 Following Mullen's Reverse Split

Earlier this week, Mullen Automotive (NASDAQ: MULN ) announced that its shares would undergo a 1-for-9 reverse stock split. This decision was made after shareholders at the company's recent annual meeting of stockholders voted in favor of authorizing a reverse split in a range between 1-for-2 and 1-for-100.

MULN Stock Alert: Mullen's Reverse Stock Split Takes Effect TOMORROW

BREA, Calif., Aug. 10, 2023 (GLOBE NEWSWIRE) -- via InvestorWire -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle manufacturer, announced today that it will effect a 1-for-9 reverse stock split (“Reverse Stock Split”) of its common stock, par value $0.001 per share (“Common Stock”), that will become effective on August 11, 2023, at 12:01 a.m., Eastern Time. Mullen's Common Stock will continue to trade on The Nasdaq Capital Market (“Nasdaq”) under the existing symbol “MULN” and will begin trading on a split-adjusted basis when the market opens on August 11, 2023. The new CUSIP number for the Common Stock following the Reverse Stock Split will be 62526P 307.

Mullen Automotive Inc. Announces 1-for-9 Reverse Stock Split effective August 11, 2023

Shares of Mullen Automotive (NASDAQ: MULN ) stock opened in the green after the electric vehicle (EV) company announced that it had kicked off production of its Class 3 Mullen THREE vehicle at its assembly plant in Tunica, Mississippi. From September to December, Mullen will gradually enter into a production ramp-up phase.

MULN Stock Alert: Mullen Launches Class 3 Production

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Class 3 vehicle production on track with vehicle assembly line active and initial vehicles nearing completion and on track for August and September customer deliveries

Mullen Class 3 Vehicle Production Has Started

Mullen Automotive (NASDAQ: MULN ) stock is currently trading below $1, but that might not be the case for long. This morning, the electric vehicle (EV) company announced that it would enact a 1-for-9 reverse stock split in order to regain compliance with Nasdaq's $1 minimum price requirement.

MULN Stock Alert: Mullen Announces 1-for-9 Reverse Stock Split

Mullen Automotive Inc. MULN, -4.94% stock was up 8% in premarket trades on Tuesday after the EV company said it's planning a one-for-nine reverse stock split and a $25 million stock buyback. CEO David Michery said the company remains “highly undervalued.

Mullen Automotive announces reverse stock split and stock buyback

Company to begin repurchasing stock up to $25 million through stock buyback program Company to begin repurchasing stock up to $25 million through stock buyback program

Mullen Announces a 1 for 9 Reverse Split

Shares of Mullen Automotive (NASDAQ: MULN ) stock opened in the red after the company revealed the results of its annual meeting of stockholders. Following the meeting, the company was met with heavy criticism on social media due to audio issues that prevented shareholders from hearing the preliminary results correctly.

MULN Stock Alert: Shareholders Approve Mullen Reverse Split

What will the rest of 2023 look like for electric vehicle (EV) manufacturer Mullen Automotive (NASDAQ: MULN )? Will it bring positive surprises or only disappointment?

Mullen's U-Turn: Why It's Not Time to Give Up on MULN Stock

Shares of Mullen Automotive (NASDAQ: MULN ) are rocketing higher by nearly 20% after the company held its annual meeting of stockholders, with a total of 11 proposals up for vote. Following the meeting, an X user posted a recording of the meeting host going over proposal three, which would allow Mullen to effect a reverse stock split in a range between 1-for-2 and 1-for-100.

MULN Stock Alert: Shareholders Appear to Preliminarily Approve Reverse Split Proposal

Shares of Mullen Automotive Inc. MULN, +16.82% charged up 16.5% on heavy volume in afternoon trading Thursday, a day after closing at a one-month low. Trading volume swelled to 713.2 million shares, which is enough to make the electric vehicle maker's stock the most actively traded on major U.S. exchanges, and compares with the full-day average over the past 30 days of 381.3 million shares, according to FactSet.

Mullen Automotive's stock bounces sharply on market-leading volume

Shares of Mullen Automotive (NASDAQ: MULN ) are down by about 5% today ahead of the company's annual meeting of stockholders on Aug. 3. The date of record for the meeting was previously set for close of business on June 22.

MULN Stock Drops Ahead of Mullen's Stockholder Meeting

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Mullen Automotive (NASDAQ: MULN ) stock is trending once again after the electric vehicle (EV) company announced that majority-owned Bollinger Motors had received a $3 million grant towards creating jobs from the state of Michigan. The Michigan Strategic Fund Board approved the grant through the Michigan Business Development Program in a unanimous decision.

MULN Stock Alert: Bollinger Receives $3 Million Grant

Shares of Mullen Automotive Inc. MULN, -3.70% rallied 1.2% in premarket trading Wednesday, after the electric vehicle maker said Bollinger Motors received approval for a $3 million grant from the state of Michigan aimed at promoting job growth. Bollinger, which is majority owned by Mullen as of September 2022, develops all-electric commercial trucks.

Mullen Automotive's stock rallies after majority-owned Bollinger Motors receives $3 million grant from state of Michigan

Mullen Automotive (NASDAQ: MULN) stock price has been in a strong freefall this year as investors remain concerned about the company's future. The shares have crashed by more than 99% in the past 12 months.

Mullen Automotive (MULN) stock analysis: Waiting for August 3

Mullen Automotive (NASDAQ: MULN ) stock is in focus after the electric vehicle (EV) company announced that it had entered into a pilot program for its Mullen ONE Class 1 EV cargo vans and Mullen CAMPUS delivery utility vehicles with the Shoshoni Native American Tribe of Northern California and Nevada. The vehicles will be piloted at Nations Distribution “located on the Harrah's Northern California Resort & Casino property.

MULN Stock Alert: Mullen Automotive Announces New Pilot Program

The partnership between Mullen and the Shoshoni tribe aligns with the tribe's commitment towards a greener future and serves as a model for other tribes and organizations to follow

Shoshoni Native American Tribe Pilots Mullen Commercial EVs at Harrah's Northern California Casino

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Mullen Automotive (NASDAQ: MULN ) stock is in full focus after the company announced that it would hold a commercial electric vehicle (EV) launch event on Aug. 24 to commemorate the production launch of its Class 3 EVs. The event will take place at Mullen's commercial assembly plant in Tunica, Mississippi which boasts over 120,000 square feet of space and sits on 100-plus acres of land.

News for Mullen Automotive Stock (MULN)