| Market Cap | $14.48B | |
| Enterprise Value | $11.62B | |
| Revenue | $84.9M | +1511.8% |
| Gross Profit | $0 | — |
| EBITDA | -$535.5M | — |
| Net Income | -$487.2M | — |
| Diluted EPS | — | — |
| Free Cash Flow | -$1.30B | — |
| Ratio | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 7y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||||
| Gross Margin | — | 49.30% | 39.03% | 51.44% | — | — | — | — | — | |
| Operating Margin | — | −18.85% | — | — | — | — | — | — | — | — |
| EBITDA Margin | — | −3.98% | — | −705.86% | — | −10067.32% | −527.65% | 63% | 3% | |
| NOPAT Margin | — | −14.89% | — | −584.55% | — | −9090.42% | −473.78% | 63% | 2% | |
| Net Margin | — | −870.80% | −246.30% | −228.86% | — | −6820.07% | −482.16% | 50% | 3% | |
| FCF Margin | — | −518.35% | −767.23% | −1546.10% | — | −6824.32% | −1602.21% | 30% | 1% | |
| FCFE Margin | — | −547.68% | −767.23% | — | — | — | — | — | — | |
| OCF Margin | — | −382.22% | −645.67% | −1131.75% | — | −2866.89% | −100.84% | 90% | 4% | |
| Gross Profitability | — | 2.95% | 1.09% | 1.62% | 0.00% | — | — | — | — | |
| Capex Intensity | — | 136.13% | 121.56% | 414.35% | — | 3957.43% | 1501.37% | 70% | 100% | |
| ▸Returns on Capital · 6 ratios | ||||||||||
| ▸DuPont factors (ROE drivers) · 2 ratios | ||||||||||
| ▸Earnings quality · 2 ratios | ||||||||||
| ▸Liquidity & coverage · 8 ratios | ||||||||||
| ▸Leverage · 7 ratios | ||||||||||
| ▸Working capital · 8 ratios | ||||||||||
| ▸Per share · 3 ratios | ||||||||||
| Line | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|
| Revenue | $6.0M | $12.4M | $13.8M | $0 | $4.4M | $70.9M |
| YoY % | +107.9% | +11.4% | -100.0% | +1511.8% | ||
| Cost of Revenue | $3.0M | $7.6M | $6.7M | $0 | — | — |
| YoY % | +150.0% | -11.2% | -100.0% | |||
| Gross Profit | $2.9M | $4.8M | $7.1M | $0 | — | — |
| YoY % | +64.6% | +46.9% | -100.0% | |||
| R&D Expense | $1.0M | $23.4M | $45.6M | $47.5M | $28.8M | $28.1M |
| YoY % | +2218.5% | +94.6% | +4.1% | -39.4% | -2.3% | |
| SG&A Expense | $12.3M | $35.6M | $48.3M | $41.6M | $61.6M | $101.7M |
| YoY % | +189.3% | +35.6% | -13.9% | +48.0% | +65.2% | |
| Total Operating Expenses | $27.3M | $91.6M | $159.6M | $222.4M | $247.2M | $358.6M |
| YoY % | +235.5% | +74.2% | +39.3% | +11.2% | +45.1% | |
| Operating Income | -$1.1M | — | — | — | — | — |
| Interest Expense | — | — | $200,000 | $4.5M | $18.7M | $31.8M |
| YoY % | +2150.0% | +315.6% | +70.1% | |||
| Other Non-Operating Income | $83,000 | $13.8M | $43.3M | $1.4M | -$282.2M | -$169.4M |
| YoY % | +16545.8% | +213.2% | -96.8% | |||
| Equity Method Income | — | — | — | $0 | $0 | -$1.2M |
| Impairment of Real Estate | — | $0 | $0 | $0 | $0 | $0 |
| Pretax Income | -$24.3M | -$72.9M | -$102.5M | -$221.0M | -$525.0M | -$457.1M |
| Income Tax | $131,000 | $331,000 | $617,000 | $1.7M | $1.3M | $3.9M |
| YoY % | +152.7% | +86.4% | +172.4% | -21.0% | +193.5% | |
| Net Income (incl. NCI) | -$24.4M | -$73.3M | -$103.1M | -$222.7M | -$526.3M | -$461.0M |
| Minority Interest (P&L) | -$344,000 | -$42.7M | -$71.5M | -$135.1M | -$226.2M | -$119.1M |
| Net Income | -$52.0M | -$30.6M | -$31.6M | -$87.6M | -$300.1M | -$341.9M |
| Net Income to Common | -$24.1M | -$19.0M | -$31.6M | -$87.6M | -$300.1M | -$341.9M |
| Weighted Avg Shares (Basic) | — | — | — | 81.8M | 154.5M | 256.0M |
| YoY % | +88.8% | +65.7% | ||||
| Weighted Avg Shares (Diluted) | — | — | — | 81.8M | 154.5M | 256.0M |
| YoY % | +88.8% | +65.7% |
The sector classification is SIC-derived, not official GICS. Statement lines are XBRL facts as filed with the company's home regulator (SEC EDGAR for US filers; ESEF/EDINET and other national regulators for foreign filers); ratios and other derived figures are computed from them. A blank cell means the tag was absent — never imputed.
