Exhibit 99.1

SELECTED HISTORICAL FINANCIAL INFORMATION OF LUMINAR

The selected historical condensed consolidated statements of operations data of Luminar for the nine months ended September 30, 2020 and 2019 and the condensed consolidated balance sheet data as of September 30, 2020 are derived from Luminar’s unaudited interim condensed consolidated financial statements included in this report. Luminar’s historical results are not necessarily indicative of the results that may be expected in the future and Luminar’s results for the nine months ended September 30, 2020 are not necessarily indicative of the results that may be expected for the full year ending December 31, 2020 or any other period. The information below is only a summary and should be read in conjunction with the sections entitled “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and the financial statements, and the notes and schedules related thereto, which are included elsewhere in this report.

 

(in thousands, except per share data)    As of and for the
Nine Months Ended
September 30, 2020
    As of and for the
Nine Months Ended
September 30, 2019
    As of and for the
year ended
December 31, 2019
    As of and for the
year ended
December 31, 2018
 

Statement of Income Data:

        

Net sales

   $ 11,519     $ 6,803     $ 12,602     $ 11,692  

Total operating expenses

     49,791       42,425       58,562       64,982  

Net loss

     (72,227     (76,774     (94,718     (79,550

Net loss per share attributable to common stockholders—Basic and diluted

     (8.25     (9.46     (11.47     (12.00

Balance Sheet Data:

        

Total assets

     191,453       N/A       51,864       28,202  

Total liabilities

     61,837       N/A       18,851       152,869  

Total mezzanine equity

     408,854       N/A       244,743       —    

Total stockholders’ deficit

     (279,238     N/A       (211,730     (124,667