Annual report pursuant to Section 13 and 15(d)

Segment

v3.25.0.1
Segment
 12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Segment Segment
The Company has one reportable segment managed on a consolidated basis by the Chief Executive Officer (CEO) who is the chief operating decision maker (“CODM”). In identifying one reportable segment, the Company considered the basis of organization for the development of the Aurora Driver, an advanced and scalable suite of self-driving hardware, software and data services designed as a platform to adapt and interoperate amongst vehicle types and applications.
The accounting policies of the segment are the same as those described in the summary of significant accounting policies. The chief operating decision maker assesses performance and decides how to allocate resources based on net loss that is also reported on the income statement as consolidated net loss. The measure of segment assets is reported on the balance sheet as consolidated total assets.
The CODM allocates resources and evaluates performance based on net loss, which is the Company’s measure of segment profit or loss. The CODM considers budget to actual and year-over-year variances for net loss when making decisions about how to utilize the company’s resources.
The components of segment profit or loss were as follows (in millions):
Twelve Months Ended
December 31,
2024 2023 2022
Collaboration revenue
 $ —  $ —  $ 68 
Less:
Personnel expenses
 423  428  385 
Other operating expenses
 198  226  243 
Other segment items (a)
127  142  1,163 
Net loss
 $ (748) $ (796) $ (1,723)
(a) Other segment items include stock-based compensation expense, goodwill impairment, depreciation and amortization, change in fair value of derivative liabilities, and other income (expense), net.