Revenue Performance - Net revenue for the three months ended March 31, 2023, was $3,919,000, an increase of 18% compared to $3,312,000 for the same period in 2022[109]. - Mobility revenues remained flat at $1,578,000 for both periods, with a slight decrease in active markets and trips[110]. - Media revenues increased by $430,000, or 26%, driven by a rise in live subscribers from $310,000 to $685,000[111]. Operating Expenses - Total operating expenses decreased to $19,381,000 from $21,362,000, a reduction of 9% year-over-year[108]. - Sales and marketing expenses decreased by $1,359,000, or 52%, due to the termination of consultancy agreements and reduction of marketing staff[117]. - Research and development expenses increased by $99,000, or 13%, reflecting ongoing investments in the in-house Global IT engineering team[118]. - General and administrative expenses decreased by $449,000, or 7%, primarily due to a reduction in stock-based compensation[119]. Non-Operating Expenses - Total non-operating expenses increased by 204% to $4,088,000, mainly due to SEPA financial expenses and a significant decrease in the fair value of warrant liabilities[120]. Stock and Financial Position - The company executed a one-for-fifty reverse stock split on March 30, 2023, to improve stock price and market perception[104]. - As of March 31, 2023, the company reported cash and cash equivalents of $647 million, excluding restricted cash of $310 million[131]. - The company entered into two Standby Equity Purchase Agreements (SEPA) in January and March 2023, allowing it to sell up to $70 million of its Class A Common Stock over 24 months[133]. - Total financial liabilities as of March 31, 2023, amounted to $35.837 million, with $28.956 million classified as current financial liabilities[138]. Cash Flow - For the three months ended March 31, 2023, the company experienced a net cash used in operating activities of $12.886 million, an improvement from $16.539 million in the same period of 2022[133]. Investments and Services - During the three months ended March 31, 2023, the company invested $356 million in property, equipment, and intangible assets[136]. - The company provided sharing electric mobility services in 13 cities across Italy and 10 cities in the United States during the three months ended March 31, 2023[129]. Loss and Expenses - The company reported a net loss of $19.554 million for the three months ended March 31, 2023[134]. - The company recorded content licensing expenses of $4.070 million for the three months ended March 31, 2023[152]. - Media rights-related accounts payable stood at $7.913 million as of March 31, 2023, with future minimum payments related to media rights agreements totaling $27.202 million[150][152]. Lease Obligations - The company has future annual minimum lease payments of $2.450 million for operating leases and $2.046 million for finance leases as of March 31, 2023[145]. Regulatory and Accounting Matters - The company is classified as an "emerging growth company" under the JOBS Act, allowing it to take advantage of certain reporting exemptions[158]. - The company has elected to use the extended transition period for new or revised financial accounting standards, which may complicate financial statement comparisons with other public companies[159]. - There are currently no off-balance sheet arrangements reported by the company[160]. - The company adopted ASU 2016-13 regarding credit losses effective January 1, 2023, with no material impact on its financial statements[161].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from __________ to __________ | Title of Each Class | Trading Symbol(s) | Name of Exchange on which Registered | | --- | --- | --- | | Class A Common Stock | HLBZ | Nasdaq Capital M ...

Helbiz, Inc. (HLBZ) Q3 2022 Earnings Conference Call November 14, 2022 5:00 PM ET Company Participants Gary Dvorchak - Investor Relations, Managing Director of The Blueshirt Group Salvatore Palella - Founder & Chief Executive Officer Jonathan Hannestad - Chief Operating Officer Giulio Profumo - Chief Financial Officer Conference Call Participants Operator Thank you for standing by, and welcome to the Helbiz Third Quarter and Nine Months 2022 Earnings Conference Call. Currently, all participants are in liste ...

Helbiz, Inc. (HLBZ) Q2 2022 Earnings Conference Call August 15, 2022 4:30 PM ET Company Participants Gary Dvorchak - Investor Relations Salvatore Palella - Founder and Chief Executive Officer Giulio Profumo - Chief Financial Officer Operator Thank you for standing by and welcome to the Helbiz Second Quarter 2022 Earnings Conference Call. [Operator Instructions] As a reminder, today’s program will be recorded. If anyone objects, please disconnect now. I’d like to introduce your host for today’s call, Gary Dv ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended June 30, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-39136 Helbiz, Inc. (Exact Name of Registrant as Specified in Its Charter) (State or other jurisdiction of incorporation or organization) 32 ...

Helbiz, Inc. (HLBZ) Q1 2022 Earnings Conference Call May 16, 2022 4:30 PM ET Company Participants Salvatore Palella – Chairman & Chief Executive Officer Giulio Profumo – Chief Financial Officer Gary Dvorchak – Managing Director The Blueshirt Group Operator Thank you, Chris. Thank you for standing by and welcome to the Helbiz First Quarter 2022 Earnings Conference Call. Currently, all participants are in a listen-only mode. As a reminder, today's program will be recorded. If anyone objects, please disconnect ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended March 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-39136 Helbiz, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 84-3015108 (State or other jurisdiction of incorporation ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from __________ to __________ Commission File Number: 001-39136 HELBIZ, INC. (Exact name of registrant specified in its charter) Delaware 84-3015108 (State or Other Jurisdiction of ...

Helbiz, Inc. (HLBZ) Q3 2021 Earnings Conference Call November 15, 2021 4:30 PM ET Company Participants Gary Dvorchak - The Blueshirt Group Salvatore Palella - Founder, Chairman & CEO Giulio Profumo - CFO & Director Conference Call Participants Operator Thank you for standing by, and welcome to the Helbiz Third Quarter 2021 Earnings Conference Call. Currently, all participants are on a listen-only mode. As a reminder, today's program may be recorded. I'd now like to introduce your host for today's program, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Issuer's telephone number) For the quarter ended September 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-39136 Helbiz, Inc. (Exact Name of Registrant as Specified in Its Charter) (State or other jurisdiction of i ...