| Market Cap | $8.11B | |
| Enterprise Value | — | |
| Revenue | $0 | −100.0% |
| Gross Profit | — | — |
| EBITDA | -$357.2M | — |
| Net Income | -$326.5M | — |
| Diluted EPS | -$13.48 | — |
| Free Cash Flow | -$282.3M | — |
| Ratio | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 7y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||||
| Operating Margin | — | — | — | — | −5164.41% | −2340.29% | — | — | — | |
| EBITDA Margin | — | — | — | — | −5146.75% | −2336.10% | — | — | — | |
| Net Margin | — | — | — | — | −5037.88% | −2137.48% | — | — | — | |
| FCF Margin | — | — | — | — | −4543.77% | −1540.48% | — | — | — | |
| OCF Margin | — | — | — | — | −4541.72% | −1540.48% | — | — | — | |
| Capex Intensity | — | — | — | — | 2.04% | 0.00% | — | — | — | |
| ▸Returns on Capital · 3 ratios | ||||||||||
| ▸DuPont factors (ROE drivers) · 2 ratios | ||||||||||
| ▸Earnings quality · 1 ratios | ||||||||||
| ▸Liquidity & coverage · 2 ratios | ||||||||||
| ▸Leverage · 2 ratios | ||||||||||
| ▸Working capital · 1 ratios | ||||||||||
| ▸Per share · 6 ratios | ||||||||||
| Line | 2019↗ | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | $0 | $2.4M | $8.6M | $0 |
| YoY % | +249.5% | -100.0% | |||||
| R&D Expense | $29.6M | $45.0M | $120.3M | $155.0M | $86.8M | $152.4M | $267.1M |
| YoY % | +52.2% | +167.4% | +28.9% | -44.0% | +75.7% | +75.3% | |
| SG&A Expense | $6.2M | $17.0M | $47.1M | $59.9M | $42.1M | $56.3M | $59.1M |
| YoY % | +172.7% | +177.0% | +27.3% | -29.8% | +33.9% | +4.9% | |
| Total Operating Expenses | $35.8M | $62.0M | $167.3M | $215.0M | $128.8M | $208.7M | $326.2M |
| YoY % | +73.1% | +170.0% | +28.5% | -40.1% | +62.0% | +56.3% | |
| Operating Income | -$35.8M | -$62.0M | -$167.3M | -$215.0M | -$126.4M | -$200.2M | -$326.2M |
| Other Non-Operating Income | — | — | — | $957,000 | $3.1M | $17.3M | $22.9M |
| YoY % | +223.5% | +460.3% | +32.2% | ||||
| Impairment of Real Estate | — | — | $0 | $0 | $0 | $0 | $0 |
| Pretax Income | -$35.6M | -$61.8M | -$167.1M | — | -$123.0M | -$182.7M | -$302.8M |
| Income Tax | -$84,000 | -$8,000 | $0 | — | — | — | $471,000 |
| Net Income | -$35.5M | -$61.8M | -$167.1M | -$214.0M | -$123.3M | -$182.8M | -$303.3M |
| Net Income to Common | -$40.7M | -$70.3M | -$167.1M | — | — | — | — |
| EPS (Basic) | — | -$7.86 | -$3.94 | -$69.65 | -$18.69 | -$10.21 | -$13.48 |
| EPS (Diluted) | — | -$7.86 | -$3.94 | -$69.65 | -$18.69 | -$10.21 | -$13.48 |
| Weighted Avg Shares (Basic) | — | 9.0M | 42.5M | 3.1M | 6.6M | 17.9M | 22.5M |
| YoY % | +374.3% | -92.8% | +114.6% | +171.5% | +25.7% | ||
| Weighted Avg Shares (Diluted) | — | 9.0M | 42.5M | 3.1M | 6.6M | 17.9M | 22.5M |
| YoY % | +374.3% | -92.8% | +114.6% | +171.5% | +25.7% |
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.
