v3.25.3

Condensed Consolidated Balance Sheets (unaudited) - USD ($) $ in Millions	Sep. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 87	$ 211
Short-term investments	1,160	1,012
Other current assets	37	31
Total current assets	1,284	1,254
Property and equipment, net	106	104
Operating lease right-of-use assets	106	120
Acquisition related intangible assets, net	617	617
Long-term investments	357	0
Other assets	40	43
Total assets	2,510	2,138
Current liabilities:
Operating lease liabilities, current	12	16
Other current liabilities	72	89
Total current liabilities	84	105
Operating lease liabilities, long-term	95	105
Derivative liabilities	36	48
Other liabilities	4	5
Total liabilities	219	263
Commitments and contingencies
Stockholders’ equity:
Common stock - $0.00001 par value, 51,000 shares authorized, 1,930 and 1,733 shares issued and outstanding, respectively	0	0
Additional paid-in capital	7,258	6,232
Accumulated other comprehensive income	1	1
Accumulated deficit	(4,968)	(4,358)
Total stockholders’ equity	2,291	1,875
Total liabilities and stockholders’ equity	$ 2,510	$ 2,138

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Aurora Innovation, Inc. 10-Q