| Market Cap | $575.1M | |
| Enterprise Value | — | |
| Revenue | $233.8M | +16.1% |
| Gross Profit | $18.4M | — |
| EBITDA | -$1.6M | — |
| Net Income | -$9.6M | — |
| Diluted EPS | -$0.08 | — |
| Free Cash Flow | -$1.2M | −87.0% |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Gross Margin | — | — | 48.33% | 56.10% | 58.40% | 64.36% | 63.98% | — | — | — | — | — | — | — | |
| Operating Margin | −122.21% | −178.46% | −156.45% | −112.09% | −72.30% | −70.62% | −51.06% | −30.68% | −18.10% | −16.09% | −7.07% | −3.71% | 96% | 65% | |
| EBITDA Margin | −118.32% | −173.50% | −151.83% | −108.56% | −70.40% | −68.06% | −48.34% | −28.70% | −16.51% | −14.70% | −6.07% | −2.86% | 96% | 60% | |
| NOPAT Margin | −96.54% | −140.98% | −123.60% | −88.55% | −57.12% | −55.79% | −40.34% | −24.24% | −14.30% | −12.71% | −5.58% | −2.93% | 96% | 59% | |
| Net Margin | −106.42% | −163.25% | −160.17% | −118.04% | −75.69% | −75.97% | −52.39% | −34.09% | −22.72% | −20.07% | −10.39% | −6.68% | 96% | 61% | |
| FCF Margin | — | — | −137.73% | −102.46% | −42.59% | −79.38% | −38.01% | −21.84% | −14.66% | −25.57% | 4.23% | 0.47% | 85% | 60% | |
| FCFE Margin | — | — | −139.31% | −82.24% | −42.76% | −70.49% | — | −12.43% | — | — | — | — | — | — | |
| OCF Margin | — | — | −136.29% | −101.77% | −41.09% | −69.85% | −36.60% | −21.27% | −13.60% | −23.11% | 5.64% | 2.07% | 85% | 59% | |
| Gross Profitability | 18.62% | 7.72% | 16.32% | 29.31% | 27.17% | 36.46% | 33.01% | — | — | — | — | — | — | — | |
| Capex Intensity | 5.78% | 2.11% | 1.43% | 0.69% | 1.50% | 9.53% | 1.41% | 0.57% | 1.06% | 2.46% | 1.41% | 1.59% | 63% | 38% | |
| ▸Returns on Capital · 5 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 2 ratios | |||||||||||||||
| ▸Earnings quality · 2 ratios | |||||||||||||||
| ▸Liquidity & coverage · 6 ratios | |||||||||||||||
| ▸Leverage · 8 ratios | |||||||||||||||
| ▸Working capital · 8 ratios | |||||||||||||||
| ▸Capital allocation · 1 ratios | |||||||||||||||
| ▸Per share · 6 ratios | |||||||||||||||
| ▸Other · 1 ratios | |||||||||||||||
| Line | 2014↗ | 2015↗ | 2016↗ | 2017↗ | 2018↗ | 2019↗ | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $36.4M | $34.2M | $39.3M | $51.3M | $76.1M | $93.8M | $114.2M | $159.5M | $188.3M | $186.8M | $201.3M | $233.8M |
| YoY % | -6.0% | +14.8% | +30.7% | +48.2% | +23.3% | +21.8% | +39.6% | +18.1% | -0.8% | +7.8% | +16.1% | |
| Cost of Revenue | — | — | $20.3M | $22.5M | $31.6M | $33.4M | $41.2M | — | — | — | — | — |
| YoY % | +11.0% | +40.4% | +5.6% | +23.2% | ||||||||
| Gross Profit | $15.2M | $10.8M | $16.9M | — | — | — | — | — | — | — | — | — |
| YoY % | -29.3% | +57.0% | ||||||||||
| R&D Expense | — | — | — | — | — | — | $64.4M | $63.7M | $64.1M | $67.6M | $58.9M | $67.7M |
| YoY % | -1.1% | +0.7% | +5.5% | -12.9% | +15.0% | |||||||
| SG&A Expense | $37.7M | $46.0M | $49.0M | $52.6M | $56.8M | $66.2M | $67.0M | $81.3M | $83.3M | $75.5M | $75.9M | $80.9M |
| YoY % | +21.9% | +6.4% | +7.5% | +8.0% | +16.5% | +1.2% | +21.3% | +2.5% | -9.4% | +0.5% | +6.6% | |
| Total Operating Expenses | $59.7M | $71.8M | $80.4M | $86.3M | $99.4M | $126.6M | $131.4M | $145.0M | $147.4M | $146.9M | $134.8M | $148.6M |
| YoY % | +20.3% | +12.0% | +7.3% | +15.2% | +27.3% | +3.8% | +10.3% | +1.7% | -0.4% | -8.2% | +10.3% | |
| Operating Income | -$44.5M | -$61.1M | -$61.4M | -$57.5M | -$55.0M | -$66.2M | -$58.3M | -$48.9M | -$34.1M | -$30.1M | -$14.2M | -$8.7M |
| Interest Expense | — | — | — | — | — | — | — | — | $5.8M | $8.4M | $8.9M | $8.3M |
| YoY % | +43.8% | +5.9% | -6.0% | |||||||||
| Other Non-Operating Income | $130,000 | $71,000 | $1.1M | $3.9M | $1.7M | $1.4M | $1.7M | $374,000 | -$1.7M | $1.8M | $2.0M | $3.0M |
| YoY % | -45.4% | +1505.6% | +238.9% | -54.8% | -20.1% | +22.7% | -78.2% | +12.0% | +52.6% | |||
| Impairment of Real Estate | — | — | — | — | — | — | $300,000 | $0 | $0 | $1.7M | $0 | $0 |
| YoY % | -100.0% | -100.0% | ||||||||||
| Pretax Income | -$38.6M | -$59.5M | -$62.7M | -$56.7M | -$57.3M | -$71.0M | -$59.6M | -$54.1M | -$42.3M | -$37.3M | -$20.8M | -$15.3M |
| Income Tax | $195,000 | -$3.7M | $175,000 | $3.9M | $229,000 | $263,000 | $284,000 | $319,000 | $488,000 | $325,000 | $205,000 | $354,000 |
| YoY % | +2121.1% | -94.1% | +14.8% | +8.0% | +12.3% | +53.0% | -33.4% | -36.9% | +72.7% | |||
| Net Income (incl. NCI) | — | — | -$62.9M | -$60.6M | -$57.6M | -$71.2M | -$59.9M | -$54.4M | -$42.8M | -$37.6M | -$21.0M | -$15.6M |
| Minority Interest (P&L) | — | — | — | — | — | — | — | -$2,000 | -$46,000 | -$158,000 | -$43,000 | -$10,000 |
| Net Income | -$38.8M | -$55.9M | -$62.9M | -$60.6M | -$57.6M | -$71.2M | -$59.9M | -$54.4M | -$42.8M | -$37.5M | -$20.9M | -$15.6M |
| EPS (Basic) | -$0.52 | -$0.58 | -$0.62 | -$0.56 | -$0.44 | — | -$0.37 | -$0.32 | -$0.24 | -$0.21 | -$0.11 | -$0.08 |
| EPS (Diluted) | -$0.61 | -$0.61 | -$0.62 | -$0.56 | -$0.44 | — | -$0.37 | -$0.32 | -$0.24 | -$0.21 | -$0.11 | -$0.08 |
| Weighted Avg Shares (Basic) | 74.8M | 96.1M | 101.8M | 108.2M | 131.7M | 139.8M | 163.9M | 171.3M | 176.5M | 180.3M | 184.6M | 190.6M |
| YoY % | +28.5% | +6.0% | +6.3% | +21.7% | +6.2% | +17.2% | +4.5% | +3.1% | +2.1% | +2.4% | +3.3% | |
| Weighted Avg Shares (Diluted) | 76.5M | 96.9M | 101.8M | 108.2M | 131.7M | 139.8M | 163.9M | 171.3M | 176.5M | 180.3M | 184.6M | 190.6M |
| YoY % | +26.6% | +5.1% | +6.3% | +21.7% | +6.2% | +17.2% | +4.5% | +3.1% | +2.1% | +2.4% | +3.3% |
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.
