| Market Cap | $367.4M | |
| Enterprise Value | — | |
| Revenue | $0 | −100.0% |
| Gross Profit | — | — |
| EBITDA | -$75.0M | — |
| Net Income | -$68.2M | — |
| Diluted EPS | — | — |
| Free Cash Flow | -$53.3M | — |
| Ratio | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 8y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||
| Operating Margin | — | — | — | — | — | — | −6661.76% | — | — | — | — |
| EBITDA Margin | — | — | — | — | — | — | −6592.47% | — | — | — | — |
| Net Margin | — | — | — | — | — | — | −5808.82% | — | — | — | — |
| FCF Margin | — | — | — | — | — | — | −5282.24% | — | — | — | — |
| OCF Margin | — | — | — | — | — | — | −5277.06% | — | — | — | — |
| Capex Intensity | — | — | — | — | — | — | 5.18% | — | — | — | — |
| ▸Returns on Capital · 6 ratios | |||||||||||
| ▸DuPont factors (ROE drivers) · 2 ratios | |||||||||||
| ▸Earnings quality · 1 ratios | |||||||||||
| ▸Liquidity & coverage · 7 ratios | |||||||||||
| ▸Leverage · 8 ratios | |||||||||||
| ▸Working capital · 1 ratios | |||||||||||
| ▸Per share · 6 ratios | |||||||||||
| Line | 2019↗ | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | $0 | $850,000 | $0 |
| YoY % | -100.0% | ||||||
| R&D Expense | $22.4M | $14.9M | — | — | $38.1M | $42.3M | $56.0M |
| YoY % | -33.6% | +11.1% | +32.2% | ||||
| SG&A Expense | $11.6M | $12.9M | $10.9M | $11.7M | $12.2M | $15.1M | $16.9M |
| YoY % | +11.2% | -15.3% | +6.7% | +5.0% | +23.6% | +11.5% | |
| Total Operating Expenses | $34.1M | $27.8M | $81.9M | $41.7M | $50.4M | $57.5M | $72.8M |
| YoY % | -18.3% | +194.4% | -49.1% | +20.9% | +14.1% | +26.7% | |
| Operating Income | -$34.1M | -$27.8M | -$81.9M | -$41.7M | -$50.4M | -$56.6M | -$72.8M |
| Interest Expense | $1.2M | $908,000 | $370,000 | $0 | — | — | — |
| YoY % | -26.1% | -59.3% | -100.0% | ||||
| Interest & Investment Income | $743,000 | $88,000 | $29,000 | $2.4M | $7.9M | $7.3M | $6.4M |
| YoY % | -88.2% | -67.0% | +8037.9% | +234.7% | -7.6% | -12.3% | |
| Other Non-Operating Income | $627,000 | -$1.7M | -$299,000 | $2.4M | $7.9M | $7.3M | $6.3M |
| YoY % | +223.8% | -7.9% | -12.4% | ||||
| Impairment of Real Estate | — | $0 | $0 | $0 | $0 | $0 | $0 |
| Pretax Income | -$34.7M | -$29.5M | -$82.2M | -$39.2M | -$42.5M | — | — |
| Income Tax | $91,000 | $32,000 | $0 | $0 | $0 | $0 | $0 |
| YoY % | -64.8% | -100.0% | |||||
| Net Income (incl. NCI) | -$34.7M | -$29.5M | -$82.2M | — | — | — | — |
| Net Income | -$34.7M | -$29.5M | -$82.2M | -$39.2M | -$42.5M | -$49.4M | -$66.5M |
| EPS (Basic) | — | — | -$1.31 | -$0.37 | -$0.33 | -$0.36 | -$0.42 |
| Weighted Avg Shares (Basic) | — | — | 62.9M | 105.2M | 127.0M | 137.4M | 157.7M |
| YoY % | +67.3% | +20.8% | +8.2% | +14.8% | |||
| Weighted Avg Shares (Diluted) | — | — | — | — | — | 137.4M | — |
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.
