| Market Cap | $524.9M | |
| Enterprise Value | — | |
| Revenue | $0 | −100.0% |
| Gross Profit | — | — |
| EBITDA | -$107.6M | — |
| Net Income | -$98.6M | — |
| Diluted EPS | -$4.24 | — |
| Free Cash Flow | -$83.2M | — |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Operating Margin | — | — | — | — | −130.50% | — | — | — | — | — | −8930.27% | — | — | — | |
| EBITDA Margin | — | — | — | — | −129.34% | — | — | — | — | — | −8584.86% | — | — | — | |
| NOPAT Margin | — | — | — | — | — | — | — | — | — | — | −7054.91% | — | — | — | — |
| Net Margin | — | — | — | — | −126.34% | — | — | — | — | — | −8123.68% | — | — | — | |
| FCF Margin | — | — | — | — | −126.50% | — | — | — | — | — | −7720.11% | — | — | — | |
| OCF Margin | — | — | — | — | −126.31% | — | — | — | — | — | −7632.76% | — | — | — | |
| Capex Intensity | — | — | — | — | 0.20% | — | — | — | — | — | 87.35% | — | — | — | |
| ▸Returns on Capital · 3 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 2 ratios | |||||||||||||||
| ▸Earnings quality · 1 ratios | |||||||||||||||
| ▸Liquidity & coverage · 5 ratios | |||||||||||||||
| ▸Leverage · 2 ratios | |||||||||||||||
| ▸Working capital · 1 ratios | |||||||||||||||
| ▸Per share · 6 ratios | |||||||||||||||
| Line | 2014↗ | 2015↗ | 2016↗ | 2017↗ | 2018↗ | 2019↗ | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | $25.0M | — | — | — | — | $0 | $925,000 | $0 |
| YoY % | -100.0% | |||||||||||
| R&D Expense | $18.1M | $15.8M | $28.4M | $36.3M | $41.8M | — | — | $39.2M | $47.5M | $44.4M | $60.9M | $75.0M |
| YoY % | -12.6% | +79.6% | +27.8% | +15.2% | +21.3% | -6.5% | +37.2% | +23.1% | ||||
| SG&A Expense | $4.3M | $5.5M | $9.3M | $14.9M | $15.8M | $18.8M | $17.2M | $21.5M | $9.0M | $11.2M | $22.6M | $28.3M |
| YoY % | +29.0% | +67.2% | +60.3% | +6.6% | +18.9% | -8.6% | +25.1% | -58.2% | +24.2% | +102.1% | +25.2% | |
| Total Operating Expenses | $22.4M | $21.3M | $37.6M | $51.1M | $57.6M | $71.0M | — | $60.7M | $56.5M | $55.6M | $83.5M | $103.3M |
| YoY % | -4.6% | +76.4% | +35.8% | +12.7% | +23.1% | -6.9% | -1.7% | +50.3% | +23.7% | |||
| Operating Income | — | — | -$37.6M | -$51.1M | -$32.6M | -$71.0M | -$33.7M | -$60.7M | -$56.5M | -$55.6M | -$82.6M | -$103.3M |
| Interest Expense | — | — | — | — | — | — | — | — | — | $12,000 | $12,000 | $5,000 |
| YoY % | 0.0% | -58.3% | ||||||||||
| Interest & Investment Income | — | — | — | — | — | — | — | — | $1.3M | $3.0M | $8.5M | $11.5M |
| YoY % | +120.7% | +186.9% | +36.4% | |||||||||
| Other Non-Operating Income | -$1.7M | -$520,000 | $643,000 | $936,000 | $1.0M | $1.5M | $451,000 | -$13,000 | -$42,000 | — | $7.5M | $13.0M |
| YoY % | +45.6% | +11.0% | +46.0% | -70.3% | +73.9% | |||||||
| Impairment of Real Estate | — | — | — | — | — | — | — | — | $0 | $0 | $100,000 | $100,000 |
| YoY % | 0.0% | |||||||||||
| Pretax Income | -$24.0M | -$21.9M | — | — | — | — | -$33.3M | -$60.7M | -$55.2M | -$36.3M | -$75.1M | -$90.4M |
| Income Tax | $0 | $0 | $0 | — | — | — | — | — | — | — | $0 | $0 |
| Net Income (incl. NCI) | — | — | -$37.0M | -$50.2M | -$31.6M | -$69.4M | — | — | — | — | — | — |
| Net Income | -$24.0M | -$21.9M | -$37.0M | -$50.2M | -$31.6M | -$69.4M | -$33.3M | -$60.7M | -$55.2M | -$36.3M | -$75.1M | -$90.4M |
| Net Income to Common | -$23.8M | -$21.9M | -$37.0M | — | — | — | — | — | — | — | — | — |
| EPS (Basic) | — | — | — | — | — | — | -$0.64 | -$1.10 | -$1.04 | — | -$4.28 | -$4.24 |
| EPS (Diluted) | — | — | — | — | — | — | -$0.64 | -$1.10 | -$1.04 | — | -$4.28 | -$4.24 |
| Weighted Avg Shares (Basic) | — | — | — | — | — | — | 51.8M | 55.0M | 55.2M | — | 17.6M | 21.3M |
| YoY % | +6.2% | +0.3% | +21.4% | |||||||||
| Weighted Avg Shares (Diluted) | — | — | — | — | — | — | 51.8M | 55.0M | 55.2M | — | 17.6M | 21.3M |
| YoY % | +6.2% | +0.3% | +21.4% |
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.
