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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash $ 328 $ 2,850
Accounts receivable 271 271
Prepaid expenses and other current assets 611 358
Forward purchase agreement asset 155
Restricted cash 15 142
Total current assets 1,225 3,776
Property and equipment, net 37
Right-of-use asset - operating lease 418
Security deposits 66 66
Patents, net 169 176
SEPA put rights asset 243 188
Total assets 1,703 4,661
Current liabilities:    
Accounts payable 4,724 3,936
Accrued expenses 8,026 7,496
Excise taxes payable 4,401 4,401
Operating lease liability, current 456
Income taxes payable 366
Convertible notes 2,725
Embedded derivative liability 80
Total current liabilities 17,298 19,607
Commitments and Contingencies (Note 8)
Stockholders' deficit:    
Preferred stock, $0.0001 par value, 1,000,000 shares authorized; zero shares issued and outstanding
Common stock, $0.0001 par value; 110,000,000 shares authorized; 2,672,222 and 1,727,192 shares issued, 2,672,222 and 1,694,414 shares outstanding at September 30, 2025 and December 31, 2024, respectively
Treasury stock, zero and 32,778 shares at September 30, 2025 and December 31, 2024, respectively, at cost
Additional paid-in capital 108,487 100,608
Accumulated deficit (124,631) (116,103)
Total Abpro Holdings, Inc.'s stockholders' deficit (16,144) (15,495)
Non-controlling interest 549 549
Total stockholders' deficit (15,595) (14,946)
Total liabilities and stockholders’ deficit 1,703 4,661
Related Party    
Current liabilities:    
Notes payable – related parties $ 147 $ 147