Bolt Threads is now Bolt (Projects Holdings). Follow us @bolt_bslk !

10/ 📄 Read the Q4 2024 and Full Year 2024 Earnings Release:

9/ Looking ahead: Continued commercial expansion, new product launches, and a focus on cost-efficient scale-up. Biotech is shaping the future of beauty.

8/ Corporate milestones: • Completed Nasdaq listing via Golden Arrow merger • Raised $28M in PIPE and bridge financing (Baillie Gifford, Temasek, Triton Funds) • Strengthened supply chain and cost structure for future growth

7/ Innovation and IP expansion: 68 granted patents, 166 pending applications, and the introduction of xl-silk™, a new high-performance biomaterial.

6/ Operational efficiency: Produced 3,600+ kg of vegan silk in 2024 at record-low cost, achieving a 50% YoY reduction in biomanufacturing costs.

5/ New partnerships with contract manufacturers, including MANA Products, to integrate vegan silk into multiple beauty and personal care formulations.

4/ $4M annual supply agreement signed with Goddess Maintenance Company, supporting a major North American retail launch in 1,300+ locations.

3/ Haus Labs’ B Structural Volumizing + Lengthening Mascara featuring b-silk™ became the top-selling mascara at Sephora in early 2025, exceeding sales expectations by 4x.

2/ 2024 revenue: $1.4M, exceeding projections by 37%. 2025 target: $4.5M; 2026 target: $9.0M. Growth driven by multi-year supply agreements and expanding brand adoption.

1/🧵 Bolt Projects Holdings (Nasdaq: BSLK) Reports Q4 2024 and Full Year 2024 Earnings – strong commercial traction, increased revenue projections, and continued cost optimizations.