| Market Cap | $84.6M | |
| Enterprise Value | — | |
| Revenue | $858,000 | +34.9% |
| Gross Profit | — | — |
| EBITDA | -$32.1M | — |
| Net Income | -$7.8M | — |
| Diluted EPS | — | — |
| Free Cash Flow | -$27.6M | — |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||
| Operating Margin | — | — | — | — | −9511.95% | −3853.61% | 75% | 11% | |
| EBITDA Margin | — | — | — | — | −9491.35% | −3842.89% | 75% | 10% | |
| NOPAT Margin | — | — | — | — | — | −3044.35% | — | 50% | 9% |
| Net Margin | — | — | — | — | −9084.12% | −1046.39% | 75% | 17% | |
| FCF Margin | — | — | — | — | −7748.74% | — | — | — | — |
| OCF Margin | — | — | — | — | −7748.74% | −3474.71% | 75% | 9% | |
| Capex Intensity | — | — | — | — | 0.00% | — | — | — | — |
| ▸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 | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | $636,000 | $858,000 |
| YoY % | +34.9% | |||||
| R&D Expense | $17.6M | $26.9M | $40.7M | $53.5M | $41.5M | $19.6M |
| YoY % | +52.6% | +51.2% | +31.6% | -22.5% | -52.8% | |
| SG&A Expense | $7.7M | $18.7M | $27.2M | $25.4M | $19.6M | $14.3M |
| YoY % | +144.2% | +45.1% | -6.6% | -22.7% | -27.0% | |
| Total Operating Expenses | $25.3M | $45.6M | $67.9M | $78.9M | $61.1M | $33.9M |
| YoY % | +80.4% | +48.7% | +16.3% | -22.6% | -44.5% | |
| Operating Income | -$25.3M | -$45.6M | -$67.9M | -$78.9M | -$60.5M | -$33.1M |
| Interest Expense | $49,000 | $10,000 | $0 | — | — | — |
| YoY % | -79.6% | -100.0% | ||||
| Other Non-Operating Income | $241,000 | $96,000 | $342,000 | $262,000 | $744,000 | $22.8M |
| YoY % | -60.2% | +256.3% | -23.4% | +184.0% | +2960.6% | |
| Equity Method Income | -$1.5M | -$1.5M | -$1.1M | -$2.0M | -$2.2M | -$874,000 |
| Impairment of Real Estate | $0 | $0 | $0 | $0 | $0 | $0 |
| Pretax Income | -$24.9M | -$45.5M | -$65.6M | — | — | -$9.0M |
| Income Tax | -$15,000 | $0 | $0 | $0 | $0 | $0 |
| Net Income (incl. NCI) | -$26.4M | -$47.0M | — | — | — | — |
| Net Income | -$26.4M | -$47.0M | -$66.7M | -$74.6M | -$57.8M | -$9.0M |
| EPS (Basic) | — | -$1.84 | -$2.09 | -$1.84 | -$10.61 | -$1.59 |
| EPS (Diluted) | — | -$1.84 | -$2.09 | -$1.84 | -$10.61 | -$1.59 |
| Weighted Avg Shares (Basic) | — | 25.5M | 31.8M | 40.4M | 5.4M | 5.6M |
| YoY % | +24.7% | +27.1% | -86.5% | +3.4% | ||
| Weighted Avg Shares (Diluted) | — | 25.5M | 31.8M | 40.4M | 5.4M | 5.6M |
| YoY % | +24.7% | +27.1% | -86.5% | +3.4% |
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.
