| Market Cap | $56.3M | |
| Enterprise Value | $50.8M | |
| Revenue | $653,000 | — |
| Gross Profit | $220,000 | — |
| EBITDA | -$37.4M | — |
| Net Income | -$40.2M | — |
| Diluted EPS | -$2.58 | — |
| Free Cash Flow | -$38.5M | — |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||
| Gross Margin | 58.68% | 98.47% | 100.00% | — | — | — | — | — | |
| Operating Margin | −1919.20% | −138.84% | −1031.42% | — | — | — | — | — | |
| EBITDA Margin | −1915.80% | −138.51% | −1014.47% | — | — | — | — | — | |
| NOPAT Margin | −1516.17% | −109.68% | −814.82% | — | — | — | — | — | |
| Net Margin | −2781.49% | −192.76% | −1225.90% | — | — | — | — | — | |
| FCF Margin | −796.15% | −187.29% | −992.31% | — | — | — | — | — | |
| OCF Margin | −794.72% | −185.94% | −963.89% | — | — | — | — | — | |
| Gross Profitability | 3.57% | 28.89% | 10.15% | — | — | — | — | — | |
| Capex Intensity | 1.42% | 1.35% | 28.42% | — | — | — | — | — | |
| ▸Returns on Capital · 3 ratios | |||||||||
| ▸DuPont factors (ROE drivers) · 2 ratios | |||||||||
| ▸Earnings quality · 1 ratios | |||||||||
| ▸Liquidity & coverage · 7 ratios | |||||||||
| ▸Leverage · 7 ratios | |||||||||
| ▸Working capital · 3 ratios | |||||||||
| ▸Per share · 6 ratios | |||||||||
| Line | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|
| Revenue | $2.9M | $28.3M | $2.3M | — | — | — |
| YoY % | +883.1% | -91.9% | ||||
| Cost of Revenue | $1.2M | $433,000 | $0 | — | — | — |
| YoY % | -63.6% | -100.0% | ||||
| R&D Expense | $39.0M | $48.7M | $18.1M | $23.8M | $33.7M | $24.9M |
| YoY % | +24.9% | -62.8% | +31.7% | +41.1% | -26.0% | |
| SG&A Expense | $18.0M | $18.5M | $5.6M | $11.9M | $11.3M | $12.8M |
| YoY % | +2.8% | -69.5% | +111.3% | -4.8% | +13.1% | |
| Total Operating Expenses | $58.2M | $67.6M | $23.7M | $35.7M | $45.0M | $37.7M |
| YoY % | +16.3% | -64.9% | +50.6% | +25.9% | -16.2% | |
| Operating Income | -$55.3M | -$39.3M | -$23.7M | -$35.7M | -$45.0M | -$37.7M |
| Interest Expense | — | — | — | $1.1M | $455,000 | $1.1M |
| YoY % | -57.0% | +149.0% | ||||
| Other Non-Operating Income | -$24.8M | -$15.3M | -$4.5M | $550,000 | -$6.9M | -$1.9M |
| Equity Method Income | -$71,000 | -$96,000 | $151,000 | — | — | — |
| Impairment of Real Estate | — | — | $0 | $0 | $0 | $0 |
| Pretax Income | -$80.1M | -$54.6M | -$38.8M | — | -$51.9M | -$39.6M |
| Income Tax | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$80.1M | -$54.6M | -$28.2M | -$35.2M | -$51.9M | -$39.6M |
| EPS (Basic) | -$5.43 | -$1.93 | -$89.27 | -$6.96 | -$4.25 | -$2.58 |
| EPS (Diluted) | -$5.43 | -$1.93 | -$89.27 | -$6.96 | -$4.25 | -$2.58 |
| Weighted Avg Shares (Basic) | 14.8M | 28.2M | 315,998 | 5.1M | 12.2M | 15.3M |
| YoY % | +91.3% | -98.9% | +1500.1% | +141.3% | +25.5% | |
| Weighted Avg Shares (Diluted) | 14.8M | 28.2M | 315,998 | 5.1M | 12.2M | 15.3M |
| YoY % | +91.3% | -98.9% | +1500.1% | +141.3% | +25.5% |
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.
