| Market Cap | $7.40B | |
| Enterprise Value | $7.17B | |
| Revenue | $217.2M | +45.8% |
| Gross Profit | $194.2M | +45.8% |
| EBITDA | -$196.6M | — |
| Net Income | -$202.7M | — |
| Diluted EPS | -$3.11 | — |
| Free Cash Flow | -$119.6M | — |
| Ratio | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 10y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||
| Gross Margin | — | — | — | — | — | 81.01% | 90.98% | 87.99% | 89.73% | 89.73% | 70% | 90% | |
| Operating Margin | — | — | — | — | — | −5391.85% | −757.92% | −238.10% | −204.04% | −101.19% | 90% | 39% | |
| EBITDA Margin | — | — | — | — | — | −5365.98% | −754.13% | −236.94% | −203.50% | −100.93% | 90% | 37% | |
| NOPAT Margin | — | — | — | — | — | — | — | −188.10% | −161.19% | −79.94% | 83% | 33% | |
| Net Margin | — | — | — | — | — | −2207.10% | −766.22% | −238.52% | −200.27% | −103.57% | 90% | 37% | |
| FCF Margin | — | — | — | — | — | −4642.90% | −734.87% | −175.91% | −87.51% | −61.46% | 90% | 37% | |
| FCFE Margin | — | — | — | — | — | — | −428.85% | −153.99% | −97.43% | −71.96% | 88% | 19% | |
| OCF Margin | — | — | — | — | — | −4629.14% | −733.68% | −175.85% | −87.51% | −60.96% | 90% | 40% | |
| Gross Profitability | — | — | — | — | — | 0.78% | 5.62% | 20.47% | 29.76% | 35.46% | 90% | 62% | |
| Capex Intensity | — | — | — | — | — | 13.76% | 1.19% | 0.06% | 0.00% | 0.50% | 50% | 18% | |
| ▸Returns on Capital · 4 ratios | |||||||||||||
| ▸DuPont factors (ROE drivers) · 2 ratios | |||||||||||||
| ▸Earnings quality · 1 ratios | |||||||||||||
| ▸Liquidity & coverage · 8 ratios | |||||||||||||
| ▸Leverage · 8 ratios | |||||||||||||
| ▸Working capital · 8 ratios | |||||||||||||
| ▸Per share · 6 ratios | |||||||||||||
| ▸Other · 1 ratios | |||||||||||||
| Line | 2015↗ | 2016↗ | 2017↗ | 2018↗ | 2019↗ | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $0 | $0 | $0 | $0 | $0 | $3.2M | $23.6M | $77.4M | $130.1M | $189.8M |
| YoY % | +649.5% | +227.6% | +68.1% | +45.8% | |||||||
| Cost of Revenue | — | — | — | — | — | — | $599,000 | $2.1M | $9.3M | $13.4M | $19.5M |
| YoY % | +256.1% | +336.1% | +43.7% | +45.8% | |||||||
| R&D Expense | $7.1M | $19.6M | $22.9M | $50.3M | $109.5M | $90.5M | $104.1M | $108.6M | $135.0M | $238.0M | $167.3M |
| YoY % | +174.1% | +16.8% | +119.9% | +117.4% | -17.4% | +15.1% | +4.3% | +24.2% | +76.3% | -29.7% | |
| SG&A Expense | $3.4M | $6.3M | $9.5M | $28.1M | $36.5M | $46.1M | $68.5M | $92.0M | $117.5M | $144.3M | $194.9M |
| YoY % | +84.3% | +50.8% | +195.0% | +30.2% | +26.2% | +48.5% | +34.4% | +27.7% | +22.8% | +35.1% | |
| Total Operating Expenses | — | — | — | — | $146.0M | $136.6M | $173.2M | $202.8M | $261.8M | $395.6M | $381.8M |
| YoY % | -6.5% | +26.8% | +17.1% | +29.1% | +51.1% | -3.5% | |||||
| Operating Income | -$10.6M | -$25.9M | -$32.4M | -$78.4M | -$146.0M | -$136.6M | -$170.1M | -$179.2M | -$184.4M | -$265.5M | -$192.0M |
| Interest Expense | — | — | — | — | — | — | — | $5.2M | $13.9M | $20.6M | $20.6M |
| YoY % | +167.1% | +48.3% | -0.1% | ||||||||
| Interest & Investment Income | — | $33,000 | $566,000 | $4.4M | $5.3M | $2.6M | $447,000 | — | — | — | — |
| YoY % | +1615.2% | +669.1% | +21.1% | -51.1% | -82.7% | ||||||
| Other Non-Operating Income | — | — | — | — | — | — | $100.0M | -$790,000 | $190,000 | $2.2M | $1.3M |
| YoY % | +1078.4% | -43.5% | |||||||||
| Impairment of Real Estate | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | — |
| Pretax Income | — | — | — | — | — | — | -$69.6M | -$181.1M | -$184.1M | -$260.3M | -$196.0M |
| Income Tax | — | — | — | — | — | — | — | — | $564,000 | $346,000 | $497,000 |
| YoY % | -38.7% | +43.6% | |||||||||
| Net Income (incl. NCI) | -$11.1M | -$25.9M | -$33.7M | -$74.1M | -$140.7M | -$134.0M | -$69.6M | -$181.1M | -$184.7M | -$260.6M | -$196.5M |
| Net Income | — | — | -$33.7M | -$74.1M | -$140.7M | -$134.0M | -$69.6M | -$181.1M | -$184.7M | -$260.6M | -$196.5M |
| Net Income to Common | -$12.0M | -$29.1M | -$37.6M | -$74.1M | -$140.7M | -$134.0M | — | -$181.1M | -$184.7M | -$264.6M | -$201.9M |
| EPS (Basic) | — | — | — | — | -$3.86 | -$3.04 | -$1.40 | -$3.47 | -$3.20 | -$4.34 | -$3.11 |
| EPS (Diluted) | — | — | — | — | -$3.86 | -$3.04 | -$1.40 | -$3.47 | -$3.20 | -$4.34 | -$3.11 |
| Weighted Avg Shares (Basic) | — | — | — | — | 36.4M | 44.1M | 49.6M | 52.1M | 57.7M | 61.0M | 65.0M |
| YoY % | +21.2% | +12.4% | +5.1% | +10.7% | +5.8% | +6.5% | |||||
| Weighted Avg Shares (Diluted) | — | — | — | — | 36.4M | 44.1M | 49.6M | 52.1M | 57.7M | 61.0M | 65.0M |
| YoY % | +21.2% | +12.4% | +5.1% | +10.7% | +5.8% | +6.5% |
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.
