| Market Cap | $131.4M | |
| Enterprise Value | $117.5M | |
| Revenue | $59.1M | +10.4% |
| Gross Profit | $50.9M | +12.5% |
| EBITDA | -$49.2M | — |
| Net Income | -$52.7M | — |
| Diluted EPS | -$2.04 | — |
| Free Cash Flow | -$40.2M | — |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||
| Gross Margin | 76.21% | 72.08% | 77.75% | 84.08% | 83.75% | 85.33% | 92% | 84% | |
| Operating Margin | −190.22% | −199.20% | −189.27% | −109.69% | −115.98% | −90.49% | 92% | 42% | |
| EBITDA Margin | −188.98% | −197.91% | −187.44% | −108.36% | −114.78% | −89.16% | 92% | 40% | |
| NOPAT Margin | −150.27% | −157.37% | −149.52% | −86.66% | −91.63% | −71.49% | 92% | 35% | |
| Net Margin | −233.09% | −330.45% | −184.38% | −104.85% | −116.91% | −94.10% | 92% | 39% | |
| FCF Margin | −271.06% | −221.81% | −192.99% | −100.81% | −78.97% | −71.93% | 92% | 37% | |
| FCFE Margin | −271.06% | −385.20% | −192.99% | — | — | — | — | — | |
| OCF Margin | −265.92% | −212.73% | −189.94% | −99.30% | −76.32% | −70.91% | 92% | 40% | |
| Gross Profitability | 7.12% | 6.16% | 13.98% | 28.67% | 32.20% | 46.13% | 92% | 73% | |
| Capex Intensity | 5.14% | 9.07% | 3.05% | 1.50% | 2.65% | 1.02% | 8% | 30% | |
| ▸Returns on Capital · 6 ratios | |||||||||
| ▸DuPont factors (ROE drivers) · 2 ratios | |||||||||
| ▸Earnings quality · 2 ratios | |||||||||
| ▸Liquidity & coverage · 8 ratios | |||||||||
| ▸Leverage · 8 ratios | |||||||||
| ▸Working capital · 8 ratios | |||||||||
| ▸Per share · 6 ratios | |||||||||
| ▸Other · 1 ratios | |||||||||
| Line | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|
| Revenue | $6.1M | $13.0M | $22.5M | $39.3M | $51.3M | $56.7M |
| YoY % | +115.4% | +72.4% | +74.9% | +30.5% | +10.4% | |
| Cost of Revenue | $1.4M | $3.6M | $5.0M | $6.3M | $8.3M | $8.3M |
| YoY % | +152.8% | +37.3% | +25.1% | +33.2% | -0.3% | |
| Gross Profit | $4.6M | $9.4M | $17.5M | $33.0M | $43.0M | $48.3M |
| YoY % | +103.7% | +85.9% | +89.1% | +30.0% | +12.5% | |
| R&D Expense | $6.4M | $7.5M | $10.0M | $11.6M | $11.1M | $11.1M |
| YoY % | +17.0% | +32.7% | +16.9% | -4.3% | +0.0% | |
| SG&A Expense | $9.7M | $27.9M | $50.0M | $64.5M | $91.3M | $88.5M |
| YoY % | +186.7% | +79.6% | +28.9% | +41.6% | -3.1% | |
| Total Operating Expenses | $16.1M | $35.4M | $60.0M | $76.1M | $102.4M | $99.6M |
| YoY % | +119.3% | +69.7% | +26.9% | +34.5% | -2.8% | |
| Operating Income | -$11.5M | -$26.0M | -$42.5M | -$43.1M | -$59.5M | -$51.3M |
| Interest Expense | — | — | — | $1.8M | $4.4M | $5.8M |
| YoY % | +144.4% | +32.5% | ||||
| Other Non-Operating Income | -$40,000 | -$14.8M | $1.4M | $3.9M | $4.0M | $3.8M |
| YoY % | +180.4% | +3.3% | -5.3% | |||
| Pretax Income | -$14.0M | -$43.0M | -$41.3M | -$41.1M | -$59.9M | -$53.3M |
| Income Tax | $85,000 | $91,000 | $109,000 | $147,000 | $55,000 | -$18,000 |
| YoY % | +7.1% | +19.8% | +34.9% | -62.6% | ||
| Net Income (incl. NCI) | -$14.1M | -$43.1M | -$41.4M | -$41.2M | -$60.0M | -$53.3M |
| Net Income | -$14.1M | -$43.1M | -$41.4M | -$41.2M | -$60.0M | -$53.3M |
| Net Income to Common | -$14.3M | -$43.1M | — | — | — | — |
| EPS (Basic) | — | -$4.16 | -$2.02 | -$1.99 | -$2.65 | -$2.04 |
| EPS (Diluted) | — | -$4.16 | -$2.02 | -$1.99 | -$2.65 | -$2.04 |
| Weighted Avg Shares (Basic) | — | 10.4M | 20.5M | 20.8M | 22.6M | 26.1M |
| YoY % | +98.2% | +1.1% | +8.9% | +15.4% | ||
| Weighted Avg Shares (Diluted) | — | 10.4M | 20.5M | 20.8M | 22.6M | 26.1M |
| YoY % | +98.2% | +1.1% | +8.9% | +15.4% |
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.
