| Market Cap | $10.6M | |
| Enterprise Value | — | |
| Revenue | $170,000 | −83.0% |
| Gross Profit | — | — |
| EBITDA | -$17.2M | — |
| Net Income | -$16.4M | — |
| Diluted EPS | -$1.91 | — |
| Free Cash Flow | -$13.6M | — |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||
| Operating Margin | — | — | — | — | −2240.90% | −10711.18% | 25% | 4% | |
| EBITDA Margin | — | — | — | — | −2223.50% | −10625.29% | 25% | 4% | |
| NOPAT Margin | — | — | — | — | −1770.31% | −8461.83% | 25% | 3% | |
| Net Margin | — | — | — | — | −1998.50% | −9756.47% | 25% | 5% | |
| FCF Margin | — | — | — | — | −1935.60% | −9398.24% | 25% | 4% | |
| OCF Margin | — | — | — | — | −1935.60% | −9381.76% | 25% | 4% | |
| Capex Intensity | — | — | — | — | 0.00% | 16.47% | 75% | 88% | |
| ▸Returns on Capital · 3 ratios | |||||||||
| ▸DuPont factors (ROE drivers) · 2 ratios | |||||||||
| ▸Earnings quality · 1 ratios | |||||||||
| ▸Liquidity & coverage · 2 ratios | |||||||||
| ▸Leverage · 2 ratios | |||||||||
| ▸Working capital · 3 ratios | |||||||||
| ▸Per share · 6 ratios | |||||||||
| Line | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|
| Revenue | — | — | $0 | $0 | $1.0M | $170,000 |
| YoY % | -83.0% | |||||
| R&D Expense | — | $17.6M | $13.1M | $12.7M | $11.3M | $7.9M |
| YoY % | -25.7% | -2.5% | -11.0% | -29.9% | ||
| SG&A Expense | — | — | — | $13.0M | $12.1M | $10.4M |
| YoY % | -6.9% | -13.6% | ||||
| Total Operating Expenses | $19.1M | $29.1M | $57.6M | $25.7M | $23.4M | $18.4M |
| YoY % | +51.7% | +98.3% | -55.4% | -8.9% | -21.5% | |
| Operating Income | -$19.1M | -$29.1M | -$57.6M | -$25.7M | -$22.4M | -$18.2M |
| Other Non-Operating Income | $0 | -$75,000 | -$155,000 | -$186,000 | -$257,000 | -$145,000 |
| Equity Method Income | — | — | — | $0 | -$130,000 | $0 |
| Pretax Income | -$19.0M | -$29.0M | -$56.7M | -$23.2M | -$20.8M | -$17.5M |
| Income Tax | -$10.9M | -$1.5M | -$2.5M | -$2.3M | -$798,000 | -$962,000 |
| Net Income (incl. NCI) | -$8.1M | -$27.5M | -$54.2M | -$20.8M | -$20.0M | -$16.6M |
| Net Income | -$8.2M | -$27.5M | -$54.2M | -$20.8M | -$20.0M | -$16.6M |
| EPS (Basic) | -$0.53 | -$7.45 | -$10.47 | -$2.58 | -$2.40 | -$1.91 |
| EPS (Diluted) | -$0.53 | -$7.45 | -$10.47 | -$2.58 | -$2.40 | -$1.91 |
| Weighted Avg Shares (Basic) | 15.4M | 3.7M | 5.2M | 8.1M | 8.3M | 8.7M |
| YoY % | -76.1% | +40.5% | +55.8% | +3.2% | +4.3% | |
| Weighted Avg Shares (Diluted) | 15.4M | 3.7M | 5.2M | 8.1M | 8.3M | 8.7M |
| YoY % | -76.1% | +40.5% | +55.8% | +3.2% | +4.3% |
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.
