| Market Cap | $1.07B | |
| Enterprise Value | — | |
| Revenue | $0 | — |
| Gross Profit | — | — |
| EBITDA | -$240.0M | — |
| Net Income | -$221.0M | — |
| Diluted EPS | — | — |
| Free Cash Flow | -$178.7M | — |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||
| Operating Margin | — | −358.73% | — | — | — | — | — | — | — |
| EBITDA Margin | — | −358.20% | — | — | — | — | — | — | — |
| NOPAT Margin | — | −283.40% | — | — | — | — | — | — | — |
| Net Margin | — | −346.14% | — | — | — | — | — | — | — |
| FCF Margin | — | −229.28% | — | — | — | — | — | — | — |
| OCF Margin | — | −229.28% | — | — | — | — | — | — | — |
| Capex Intensity | — | 0.00% | — | — | — | — | — | — | — |
| ▸Returns on Capital · 3 ratios | |||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||
| ▸Earnings quality · 6 ratios | |||||||||
| ▸Liquidity & coverage · 2 ratios | |||||||||
| ▸Leverage · 2 ratios | |||||||||
| ▸Working capital · 1 ratios | |||||||||
| ▸Per share · 6 ratios | |||||||||
| Line | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|
| Revenue | $0 | $18.9M | $0 | — | — | — |
| YoY % | -100.0% | |||||
| R&D Expense | $43.2M | $57.8M | $91.9M | $148.2M | $142.9M | $187.4M |
| YoY % | +33.6% | +59.2% | +61.1% | -3.5% | +31.1% | |
| SG&A Expense | $17.1M | $29.1M | $40.2M | $42.5M | $54.0M | $54.2M |
| YoY % | +70.2% | +37.9% | +5.7% | +27.1% | +0.4% | |
| Total Operating Expenses | $60.3M | $86.9M | $132.1M | $190.6M | $196.9M | $241.6M |
| YoY % | +44.0% | +52.1% | +44.3% | +3.3% | +22.7% | |
| Operating Income | -$60.3M | -$68.0M | $144.6M | -$191.1M | -$196.9M | -$241.6M |
| Interest & Investment Income | $888,000 | $477,000 | $6.6M | $21.6M | $29.7M | $22.2M |
| YoY % | -46.3% | +1286.0% | +227.1% | +37.1% | -25.1% | |
| Other Non-Operating Income | -$11,000 | -$8,000 | $57,000 | $239,000 | -$199,000 | -$443,000 |
| YoY % | +319.3% | |||||
| Impairment of Real Estate | — | — | $0 | $440,000 | $0 | — |
| YoY % | -100.0% | |||||
| Pretax Income | — | -$67.5M | $151.3M | -$169.2M | -$167.5M | -$219.9M |
| Income Tax | — | $0 | $42.1M | -$14.1M | $117,000 | $0 |
| YoY % | -100.0% | |||||
| Net Income (incl. NCI) | -$59.5M | -$67.5M | $109.2M | -$155.1M | -$167.6M | -$219.9M |
| Minority Interest (P&L) | -$7.7M | -$1.9M | -$2.0M | -$1.9M | -$192,000 | $0 |
| Net Income | -$51.8M | -$65.6M | $111.2M | -$153.2M | -$167.4M | -$219.9M |
| EPS (Basic) | — | -$1.52 | $2.46 | -$3.69 | — | — |
| EPS (Diluted) | — | -$1.52 | $2.38 | -$3.69 | — | — |
| Weighted Avg Shares (Basic) | — | 43.1M | 45.2M | 41.5M | — | — |
| YoY % | +4.8% | -8.0% | ||||
| Weighted Avg Shares (Diluted) | — | 43.1M | 46.6M | 41.5M | — | — |
| YoY % | +8.3% | -10.9% |
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.
