What changed in FFAI's 10-Q

Notes payable, current portion 4,349 4,432

Notes payable, current portion 27,977 4,432

Net (loss) gain on digital assets (1,945) Other (338)

Net (loss) gain on digital assets (2,930) Payments made (337)

As of March 31, 2026, the estimate for expected credit losses on the Marizyme Notes is $4.7 million.

The Company received a one-time cash settlement of $0.1 million from Marizyme in full satisfaction of all outstanding principal and accrued interest under the Marizyme Notes and recognized a loss on settlement of notes receivable of $376 thousand.

Impairment of intangible assets, including goodwill 2,255 —

Impairment of long-lived assets and deposits — — 183 — Impairment of inta

When the contracts are economically interdependent, the Company accounts for them as a single arrangement. Under this approach, the cash inflows from the customer and the cash outflows from the Company are netted and treated as a single transaction.

When the contracts meet the applicable contract combination criteria, the Company accounts for them as a single arrangement. Amounts paid or credited to a customer under a co-creation agreement are evaluated as consideration payable to a customer.