| Market Cap | $1.02B | |
| Enterprise Value | $823.7M | |
| Revenue | $322.0M | +37.2% |
| Gross Profit | $206.0M | +43.1% |
| EBITDA | -$102.4M | — |
| Net Income | -$102.5M | — |
| Diluted EPS | -$1.72 | — |
| Free Cash Flow | -$80.6M | — |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||
| Gross Margin | −16.26% | 46.02% | 49.44% | 52.17% | 61.07% | 63.70% | 92% | 52% | |
| Operating Margin | −619.44% | −157.12% | −107.61% | −80.16% | −43.04% | −33.71% | 92% | 51% | |
| EBITDA Margin | −582.38% | −147.48% | −103.82% | −77.36% | −40.70% | −31.64% | 92% | 48% | |
| NOPAT Margin | — | — | — | −63.33% | −34.00% | −26.63% | 83% | 43% | |
| Net Margin | −687.04% | −173.62% | −116.18% | −77.76% | −40.72% | −31.02% | 92% | 49% | |
| FCF Margin | −629.47% | −168.03% | −110.69% | −97.81% | −46.16% | −18.94% | 92% | 48% | |
| FCFE Margin | — | −168.03% | −177.35% | −97.81% | −46.16% | — | — | — | |
| OCF Margin | −626.45% | −166.32% | −107.16% | −79.30% | −44.19% | −15.90% | 92% | 50% | |
| Gross Profitability | −1.00% | 4.71% | 11.99% | 17.56% | 25.67% | 38.62% | 92% | 66% | |
| Capex Intensity | 3.02% | 1.72% | 3.54% | 18.51% | 1.96% | 3.04% | 58% | 54% | |
| ▸Returns on Capital · 6 ratios | |||||||||
| ▸DuPont factors (ROE drivers) · 2 ratios | |||||||||
| ▸Earnings quality · 2 ratios | |||||||||
| ▸Liquidity & coverage · 8 ratios | |||||||||
| ▸Leverage · 8 ratios | |||||||||
| ▸Working capital · 8 ratios | |||||||||
| ▸Per share · 6 ratios | |||||||||
| ▸Other · 1 ratios | |||||||||
| Line | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|
| Revenue | $7.7M | $34.5M | $75.0M | $136.2M | $224.5M | $308.1M |
| YoY % | +346.7% | +117.6% | +81.6% | +64.8% | +37.2% | |
| Cost of Revenue | $9.0M | $18.6M | $37.9M | $65.1M | $87.4M | $111.8M |
| YoY % | +107.4% | +103.8% | +71.7% | +34.2% | +28.0% | |
| Gross Profit | -$1.3M | $15.9M | $37.1M | $71.0M | $137.1M | $196.2M |
| YoY % | +133.8% | +91.6% | +93.0% | +43.1% | ||
| R&D Expense | $16.3M | $19.0M | $29.0M | $48.4M | $62.3M | $71.3M |
| YoY % | +16.7% | +52.6% | +67.2% | +28.6% | +14.4% | |
| SG&A Expense | $30.3M | $51.0M | $88.8M | $131.8M | $171.4M | $228.8M |
| YoY % | +68.6% | +74.0% | +48.3% | +30.1% | +33.5% | |
| Total Operating Expenses | $46.5M | $70.0M | $117.8M | $180.2M | $233.7M | $300.1M |
| YoY % | +50.4% | +68.2% | +53.0% | +29.7% | +28.4% | |
| Operating Income | -$47.8M | -$54.2M | -$80.7M | -$109.2M | -$96.6M | -$103.9M |
| Interest Expense | — | — | $5.2M | $4.0M | $4.2M | $3.6M |
| YoY % | -22.9% | +4.7% | -14.3% | |||
| Interest & Investment Income | $184,000 | $76,000 | $2.5M | $7.6M | $10.9M | $12.2M |
| YoY % | -58.7% | +3185.5% | +202.4% | +44.3% | +12.2% | |
| Other Non-Operating Income | -$25,000 | -$154,000 | -$203,000 | -$96,000 | -$1.0M | -$156,000 |
| Impairment of Real Estate | $0 | $0 | — | — | — | — |
| Pretax Income | — | — | — | -$105.8M | -$91.0M | -$95.4M |
| Income Tax | $0 | $0 | $0 | $80,000 | $368,000 | $190,000 |
| YoY % | +360.0% | -48.4% | ||||
| Net Income | -$53.0M | -$59.9M | -$87.2M | -$105.9M | -$91.4M | -$95.6M |
| EPS (Basic) | -$14.47 | -$3.63 | -$1.96 | -$2.24 | -$1.75 | -$1.72 |
| EPS (Diluted) | -$14.47 | -$3.63 | -$1.96 | -$2.24 | -$1.75 | -$1.72 |
| Weighted Avg Shares (Basic) | 3.7M | 16.5M | 44.4M | 47.3M | 52.1M | 55.5M |
| YoY % | +349.9% | +169.4% | +6.4% | +10.3% | +6.6% | |
| Weighted Avg Shares (Diluted) | 3.7M | 16.5M | 44.4M | 47.3M | 52.1M | 55.5M |
| YoY % | +349.9% | +169.4% | +6.4% | +10.3% | +6.6% |
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.
