Joby Aviation, Inc.

The Company classifies its cash equivalents and marketable debt securities within Level 1 or Level 2 because they are valued using either quoted market prices or inputs other than quoted prices which are directly or indirectly observable in the market, including readily-available pricing sources for the identical underlying security which may not be actively traded.

SEC original ↗Joby Aviation, Inc. — 10-Q Quarterly report10-QAug 6, 2026

The valuation techniques used to measure the fair value of the Company s marketable debt securities were derived from non-binding market consensus prices that are corroborated by observable market data and quoted market prices for similar instruments.

SEC original ↗Joby Aviation, Inc. — 10-Q Quarterly report10-QAug 6, 2026

Long-term debt The Company s long-term debt consisted of the following: June 30, 2026 December 31, 2025 Convertible Notes $ 671,124 $ Mortgage Loan 30,750 Total $ 701,874 $ Convertible Notes On February 2, 2026, the Company issued $ 690.0 million aggregate principal amount of 0.75 % convertible senior notes due 2032 (the 2032 Notes ), including the full exercise of the initial purchasers option to purchase an additional $ 90 million principal amount.

SEC original ↗Joby Aviation, Inc. — 10-Q Quarterly report10-QAug 6, 2026

These debt issuance costs are presented as a direct deduction from the carrying amount of the 2032 Notes and are amortized to interest expense using the effective interest method.

SEC original ↗Joby Aviation, Inc. — 10-Q Quarterly report10-QAug 6, 2026

The unamortized debt issuance costs as of June 30, 2026 amounted to $ 18.9 million.

SEC original ↗Joby Aviation, Inc. — 10-Q Quarterly report10-QAug 6, 2026

The 2032 Notes mature on February 15, 2032, unless earlier repurchased, redeemed or converted.

SEC original ↗Joby Aviation, Inc. — 10-Q Quarterly report10-QAug 6, 2026

We've always maintained a strategic and disciplined approach focused on achieving the global regulatory approvals needed to bring our aircraft to market and laying the foundation for commercialization.

SEC original ↗Joby Aviation, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

The recent Executive Order on Drone Dominance is expected to accelerate electric vertical takeoff and landing (eVTOL) aircraft development, aligning federal priorities to promote U.

SEC original ↗Joby Aviation, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

The National Aviation Authority (NAA) Network s landmark five-nation roadmap unites the US, UK, Canada, Australia, and New Zealand around an unprecedented regulatory pathway to streamline eVTOL aircraft certification across major international markets.

SEC original ↗Joby Aviation, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

government and the FAA is allowing us to strategically engage with global markets, putting Joby at the forefront of growing global demand for the next generation of aviation.

SEC original ↗Joby Aviation, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Accelerating Towards Commercialization AGAINST THE BACKDROP of our regulatory progress, we ve intensified our commercialization efforts across our three strategic focus areas: 1) building an owned and operated air taxi service, 2) direct sales to defense and commercial customers, and 3) pursuing partnered air taxi operations in regions where it s advantageous to do so.

SEC original ↗Joby Aviation, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Our success on these fronts in the first half of the year now presents a different challenge: rapidly scaling our production capacity to meet the demand for our aircraft.

SEC original ↗Joby Aviation, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Legal Proceedings 42 Item 1A.

SEC original ↗Joby Aviation, Inc. — 10-Q Quarterly report10-QAug 6, 2026

These forward-looking statements are based on information available as of the date of this Quarterly Report and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties.

SEC original ↗Joby Aviation, Inc. — 10-Q Quarterly report10-QAug 6, 2026

While we believe these expectations, forecasts, assumptions and judgments are reasonable, our forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond our control.

SEC original ↗Joby Aviation, Inc. — 10-Q Quarterly report10-QAug 6, 2026

As a result of known and unknown risks and uncertainties, our actual results or performance may be materially different from those expressed or implied by these forward-looking statements.

SEC original ↗Joby Aviation, Inc. — 10-Q Quarterly report10-QAug 6, 2026