| Market Cap | $2.87B | |
| Enterprise Value | — | |
| Revenue | $32.7M | +195.7% |
| Gross Profit | — | — |
| EBITDA | -$18.2M | — |
| Net Income | -$19.5M | — |
| Diluted EPS | -$0.28 | — |
| Free Cash Flow | -$24.6M | — |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||
| Operating Margin | −1427.96% | −292.56% | −3497.04% | −949.89% | −446.86% | −96.67% | 92% | 40% | |
| EBITDA Margin | −1394.44% | −284.14% | −3436.47% | −939.76% | −442.59% | −93.18% | 92% | 38% | |
| NOPAT Margin | −1128.09% | −231.12% | −2762.66% | — | — | — | — | — | |
| Net Margin | −1419.79% | −295.56% | −3482.92% | −924.10% | −437.97% | −96.85% | 92% | 37% | |
| FCF Margin | −1049.01% | −266.04% | −2758.02% | −727.89% | −391.89% | −79.60% | 92% | 35% | |
| OCF Margin | −1030.14% | −259.93% | −2746.78% | −727.89% | −391.18% | −78.96% | 92% | 38% | |
| Capex Intensity | 18.87% | 6.11% | 11.24% | 0.00% | 0.71% | 0.64% | 25% | 22% | |
| ▸Returns on Capital · 6 ratios | |||||||||
| ▸DuPont factors (ROE drivers) · 2 ratios | |||||||||
| ▸Earnings quality · 2 ratios | |||||||||
| ▸Liquidity & coverage · 7 ratios | |||||||||
| ▸Leverage · 8 ratios | |||||||||
| ▸Working capital · 3 ratios | |||||||||
| ▸Per share · 6 ratios | |||||||||
| Line | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|
| Revenue | $3.2M | $14.9M | $1.5M | $5.5M | $9.3M | $27.5M |
| YoY % | +373.7% | -89.8% | +260.7% | +69.2% | +195.7% | |
| R&D Expense | $33.5M | $41.3M | $38.6M | $40.8M | $36.3M | $37.7M |
| YoY % | +23.3% | -6.7% | +5.8% | -11.0% | +4.0% | |
| SG&A Expense | $14.7M | $17.3M | $16.2M | $16.7M | $14.6M | $16.2M |
| YoY % | +18.1% | -6.6% | +3.2% | -12.6% | +11.4% | |
| Total Operating Expenses | $48.2M | $58.7M | $54.5M | $57.6M | $50.8M | $54.0M |
| YoY % | +21.7% | -7.1% | +5.8% | -11.9% | +6.4% | |
| Operating Income | -$45.0M | -$43.7M | -$53.2M | -$52.1M | -$41.5M | -$26.6M |
| Interest Expense | — | — | $109,000 | $100,000 | $100,000 | $100,000 |
| YoY % | -8.3% | 0.0% | 0.0% | |||
| Other Non-Operating Income | $463,914 | $45,898 | $215,000 | $1.4M | $826,000 | $450,000 |
| YoY % | -90.1% | +368.4% | +558.6% | -41.7% | -45.5% | |
| Gains on Sale of Real Estate | $0 | $21,550 | -$4,000 | -$157,000 | $93,000 | -$31,000 |
| Pretax Income | -$44.6M | -$43.7M | -$53.0M | — | — | — |
| Income Tax | $206,250 | $495,000 | $0 | — | $0 | $500,000 |
| YoY % | +140.0% | -100.0% | ||||
| Net Income (incl. NCI) | -$44.8M | -$44.2M | -$53.0M | -$50.7M | -$40.7M | -$26.6M |
| Net Income | -$44.8M | -$44.2M | -$53.0M | -$50.7M | -$40.7M | -$26.6M |
| EPS (Basic) | — | -$1.41 | -$1.49 | -$1.11 | -$0.72 | -$0.28 |
| EPS (Diluted) | — | -$1.41 | -$1.49 | -$1.11 | -$0.72 | -$0.28 |
| Weighted Avg Shares (Basic) | — | 31.3M | 35.6M | 45.8M | 56.3M | 94.7M |
| YoY % | +13.9% | +28.3% | +23.1% | +68.2% | ||
| Weighted Avg Shares (Diluted) | — | 31.3M | 35.6M | 45.8M | 56.3M | 94.7M |
| YoY % | +13.9% | +28.3% | +23.1% | +68.2% |
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.
