| Market Cap | $3.29B | |
| Enterprise Value | — | |
| Revenue | $90.0M | +20.0% |
| Gross Profit | $14.2M | +24.2% |
| EBITDA | -$253.8M | — |
| Net Income | -$134.0M | — |
| Diluted EPS | -$0.35 | — |
| Free Cash Flow | -$208.8M | — |
| Ratio | 2022 | 2023 | 2024 | 2025 | Trend · 4y | vs own | vs sector |
|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||
| Gross Margin | 46.89% | 23.48% | 15.20% | 15.73% | 38% | 12% | |
| Operating Margin | −249.63% | −199.22% | −380.57% | −289.84% | 38% | 4% | |
| EBITDA Margin | −223.90% | −177.67% | −367.51% | −281.95% | 38% | 3% | |
| NOPAT Margin | −197.21% | −157.39% | −300.65% | — | — | — | |
| Net Margin | −216.44% | −173.59% | −365.37% | −148.85% | 88% | 5% | |
| FCF Margin | −243.91% | −167.61% | −162.82% | −232.03% | 38% | 2% | |
| OCF Margin | −226.32% | −160.53% | −147.63% | −183.28% | 38% | 2% | |
| Gross Profitability | 4.16% | 2.26% | 1.09% | 0.78% | 13% | 4% | |
| Capex Intensity | 17.60% | 7.08% | 15.19% | 48.75% | 88% | 99% | |
| ▸Returns on Capital · 3 ratios | |||||||
| ▸DuPont factors (ROE drivers) · 2 ratios | |||||||
| ▸Earnings quality · 1 ratios | |||||||
| ▸Liquidity & coverage · 2 ratios | |||||||
| ▸Leverage · 2 ratios | |||||||
| ▸Working capital · 5 ratios | |||||||
| ▸Per share · 3 ratios | |||||||
| ▸Other · 1 ratios | |||||||
| Line | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|
| Revenue | $68.4M | $71.9M | $75.0M | $90.0M |
| YoY % | +5.1% | +4.3% | +20.0% | |
| Cost of Revenue | $36.3M | $55.0M | $63.6M | $75.8M |
| YoY % | +51.5% | +15.6% | +19.2% | |
| Gross Profit | $32.1M | $16.9M | $11.4M | $14.2M |
| YoY % | -47.3% | -32.5% | +24.2% | |
| R&D Expense | $153.6M | $122.7M | $240.2M | $217.4M |
| YoY % | -20.1% | +95.7% | -9.5% | |
| SG&A Expense | $49.2M | $37.4M | $56.7M | $57.6M |
| YoY % | -23.9% | +51.7% | +1.5% | |
| Total Operating Expenses | $202.8M | $160.1M | $296.9M | $275.0M |
| YoY % | -21.0% | +85.4% | -7.4% | |
| Operating Income | -$170.7M | -$143.2M | -$285.5M | -$260.9M |
| Other Non-Operating Income | $9.6M | $6.2M | $5.8M | $13.1M |
| YoY % | -36.0% | -5.6% | +125.3% | |
| Pretax Income | -$148.3M | -$125.5M | -$275.0M | -$76.8M |
| Income Tax | -$74,000 | -$126,000 | $1,000 | — |
| Net Income (incl. NCI) | -$148.3M | -$125.3M | -$275.0M | -$76.8M |
| Minority Interest (P&L) | -$232,000 | -$516,000 | -$885,000 | $57.2M |
| Net Income | -$148.0M | -$124.8M | -$274.1M | -$134.0M |
| EPS (Basic) | -$1.73 | -$1.40 | -$2.40 | -$0.35 |
| EPS (Diluted) | -$1.73 | -$1.40 | -$2.40 | -$0.35 |
| Weighted Avg Shares (Basic) | 85.3M | 89.1M | 114.3M | 379.9M |
| YoY % | +4.4% | +28.3% | +232.3% | |
| Weighted Avg Shares (Diluted) | 85.3M | 89.1M | 114.3M | 379.9M |
| YoY % | +4.4% | +28.3% | +232.3% |
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.
