| Market Cap | $145.4M | |
| Enterprise Value | $231.1M | |
| Revenue | $39.2M | +110.3% |
| Gross Profit | $24.0M | — |
| EBITDA | -$24.9M | — |
| Net Income | -$41.4M | — |
| Diluted EPS | -$0.53 | — |
| Free Cash Flow | -$6.1M | — |
| Ratio | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 5y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||
| Gross Margin | 0.26% | −8.42% | −20.25% | −15.48% | 61.13% | 90% | 90% | |
| Operating Margin | −53.25% | −59.55% | −152.79% | −350.01% | −72.71% | 50% | 7% | |
| EBITDA Margin | −21.06% | −23.15% | −102.64% | −303.43% | −63.57% | 50% | 7% | |
| NOPAT Margin | −42.07% | — | — | — | — | — | — | — |
| Net Margin | −85.14% | −57.01% | −168.82% | −395.94% | −105.62% | 50% | 6% | |
| FCF Margin | — | — | −77.48% | −136.17% | −38.90% | 83% | 9% | |
| OCF Margin | −23.75% | −21.87% | −74.22% | −134.39% | −37.67% | 50% | 6% | |
| Gross Profitability | 0.03% | −5.15% | −10.08% | −14.18% | 80.49% | 90% | 99% | |
| Capex Intensity | — | — | 3.26% | 1.78% | 1.24% | 17% | 30% | |
| ▸Returns on Capital · 4 ratios | ||||||||
| ▸DuPont factors (ROE drivers) · 2 ratios | ||||||||
| ▸Earnings quality · 2 ratios | ||||||||
| ▸Liquidity & coverage · 5 ratios | ||||||||
| ▸Leverage · 5 ratios | ||||||||
| ▸Working capital · 8 ratios | ||||||||
| ▸Per share · 6 ratios | ||||||||
| ▸Other · 1 ratios | ||||||||
| Line | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|
| Revenue | $17.0M | $25.0M | $20.0M | $18.7M | $39.2M |
| YoY % | +47.0% | -19.8% | -6.8% | +110.3% | |
| Cost of Revenue | $17.0M | $27.1M | $24.1M | $21.5M | $15.3M |
| YoY % | +59.8% | -11.1% | -10.5% | -29.2% | |
| R&D Expense | $1.0M | $1.9M | $2.0M | $2.0M | $3.0M |
| YoY % | +80.8% | +4.1% | +0.4% | +53.2% | |
| Selling & Marketing Expense | $1.3M | $1.6M | $7.3M | $9.3M | $13.0M |
| YoY % | +31.0% | +346.4% | +27.2% | +38.6% | |
| SG&A Expense | $6.1M | $9.0M | $15.1M | $49.2M | $28.1M |
| YoY % | +49.3% | +67.4% | +225.5% | -43.0% | |
| Total Operating Expenses | — | $39.7M | $48.5M | $82.1M | $59.3M |
| YoY % | +22.3% | +69.2% | -27.8% | ||
| Operating Income | -$9.1M | -$14.9M | -$30.6M | -$65.3M | -$28.5M |
| Interest & Investment Income | $180,267 | $2.6M | $3.6M | $1.4M | $1.4M |
| YoY % | +1324.1% | +38.7% | -60.5% | -4.1% | |
| Other Non-Operating Income | — | $2.1M | — | — | — |
| Pretax Income | -$13.6M | -$14.2M | -$33.8M | -$73.9M | -$41.4M |
| Income Tax | $887,648 | — | — | — | — |
| Net Income (incl. NCI) | — | -$837,116 | — | — | — |
| Net Income | -$14.5M | -$14.2M | -$33.8M | -$73.9M | -$41.4M |
| Net Income to Common | -$14.5M | -$14.2M | -$33.8M | -$73.9M | -$41.4M |
| EPS (Basic) | -$0.42 | -$0.32 | -$0.67 | -$1.25 | -$0.53 |
| EPS (Diluted) | -$0.42 | -$0.32 | -$0.67 | -$1.25 | -$0.53 |
| Weighted Avg Shares (Basic) | 34.2M | 44.1M | 50.6M | 59.0M | 78.0M |
| YoY % | +28.8% | +14.7% | +16.6% | +32.4% | |
| Weighted Avg Shares (Diluted) | 34.2M | 44.1M | 50.6M | 59.0M | 78.0M |
| YoY % | +28.8% | +14.7% | +16.6% | +32.4% |
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.
