United States Securities and Exchange Commission · EDGAR Accession 0001528098-26-000005

Form C-AR

Annual Report — Regulation Crowdfunding
Issuer CIK 1528098
Period 2025-03-31

SALEEN AUTOMOTIVE, INC.

CorporationDEIncorporated 2021Corona, CAsaleen.com
B

Financial Condition

two fiscal years, as filed
Revenue −16% YoYBurn increasingDebt / assets 202%18 employees
Line itemMost recent FYPrior FYΔ
Revenue3,665,3954,382,758▼ 16%
Cost of goods sold8,365,7204,696,357▲ 78%
Net income(10,199,803)(1,441,198)▼ burn
Total assets6,856,41315,585,939▼ 56%
Cash & equivalents12,44637,173▼ 67%
Accounts receivable70,8400
Short-term debt11,732,12210,544,093▲ 11%
Long-term debt2,106,4240
Taxes paid7,21627,653▼ 74%

Figures in USD as reported by the issuer.