| Market Cap | $114.4M | |
| Enterprise Value | — | |
| Revenue | $15.2M | +17.0% |
| Gross Profit | $7.4M | +20.0% |
| EBITDA | -$69.7M | — |
| Net Income | -$70.5M | — |
| Diluted EPS | — | — |
| Free Cash Flow | -$49.9M | — |
| DPS (FY2025) | $0.00 |
| Trailing yield | 0.00% |
| Payout ratio | — |
| Growth streak | 0 yrs |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $0.00 | — | reported |
| FY20242024-12-31 | $0.00 | — | reported |
| FY20232023-12-31 | $0.00 | — | reported |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||
| Gross Margin | 100.00% | 51.56% | 45.78% | 51.35% | 49.79% | 51.06% | 42% | 35% | |
| Operating Margin | −5129.42% | −1080.14% | −627.61% | −617.28% | −706.43% | −470.45% | 92% | 26% | |
| EBITDA Margin | −4885.52% | −1040.85% | −602.43% | −585.35% | −665.24% | −439.55% | 92% | 25% | |
| NOPAT Margin | — | — | — | −487.65% | −558.08% | −371.66% | 83% | 20% | |
| Net Margin | −4996.19% | −1075.55% | −600.05% | −514.75% | −611.14% | −443.96% | 92% | 24% | |
| FCF Margin | −3866.16% | −805.03% | −458.56% | −396.00% | −350.69% | −278.95% | 92% | 26% | |
| OCF Margin | −3175.00% | −700.42% | −392.31% | −352.40% | −325.40% | −268.11% | 92% | 28% | |
| Gross Profitability | 0.15% | 0.63% | 1.45% | 1.95% | 1.92% | 2.86% | 92% | 13% | |
| Capex Intensity | 691.16% | 104.61% | 66.26% | 43.61% | 25.29% | 10.84% | 8% | 84% | |
| ▸Returns on Capital · 3 ratios | |||||||||
| ▸DuPont factors (ROE drivers) · 2 ratios | |||||||||
| ▸Earnings quality · 1 ratios | |||||||||
| ▸Liquidity & coverage · 6 ratios | |||||||||
| ▸Leverage · 2 ratios | |||||||||
| ▸Working capital · 5 ratios | |||||||||
| ▸Per share · 6 ratios | |||||||||
| Line | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|
| Revenue | $656,000 | $6.6M | $15.5M | $16.8M | $14.2M | $16.6M |
| YoY % | +908.7% | +134.1% | +8.2% | -15.5% | +17.0% | |
| Cost of Revenue | $0 | $3.2M | $8.4M | $8.2M | $7.1M | $8.1M |
| YoY % | +162.1% | -2.9% | -12.8% | +14.0% | ||
| Gross Profit | $656,000 | $3.4M | $7.1M | $8.5M | $7.1M | $8.5M |
| YoY % | +420.1% | +107.9% | +19.9% | -17.1% | +20.0% | |
| R&D Expense | $18.9M | $29.1M | $45.8M | $53.0M | $50.6M | $43.9M |
| YoY % | +53.7% | +57.3% | +15.8% | -4.6% | -13.3% | |
| SG&A Expense | $15.4M | $45.8M | $58.5M | $59.0M | $56.6M | $42.6M |
| YoY % | +197.9% | +27.9% | +0.7% | -4.0% | -24.7% | |
| Total Operating Expenses | $34.3M | $74.9M | $104.3M | $112.0M | $107.2M | $86.5M |
| YoY % | +118.3% | +39.3% | +7.3% | -4.3% | -19.3% | |
| Operating Income | -$33.6M | -$71.5M | -$97.2M | -$103.5M | -$100.1M | -$78.0M |
| Interest Expense | $0 | $22,000 | $0 | — | — | — |
| YoY % | -100.0% | |||||
| Interest & Investment Income | $883,000 | $326,000 | $4.6M | $17.8M | $16.7M | $11.5M |
| YoY % | -63.1% | +1311.7% | +286.0% | -6.2% | -30.9% | |
| Other Non-Operating Income | $874,000 | $304,000 | $4.3M | $17.2M | $13.6M | $4.6M |
| YoY % | -65.2% | +1304.3% | +302.6% | -20.9% | -66.2% | |
| Equity Method Income | — | — | — | $0 | -$2.6M | -$5.9M |
| Pretax Income | — | — | — | -$86.3M | -$86.5M | -$73.4M |
| Income Tax | $0 | $0 | $0 | $0 | $98,000 | $201,000 |
| YoY % | +105.1% | |||||
| Net Income (incl. NCI) | -$32.8M | -$71.2M | -$93.0M | — | — | — |
| Net Income | -$32.8M | -$71.2M | -$93.0M | -$86.3M | -$86.6M | -$73.6M |
| Net Income to Common | -$32.8M | -$71.2M | — | — | — | — |
| EPS (Basic) | -$2.48 | -$1.17 | -$1.49 | -$1.35 | — | — |
| EPS (Diluted) | -$2.48 | -$1.17 | -$1.49 | -$1.35 | — | — |
| Weighted Avg Shares (Basic) | 13.2M | 60.9M | 62.4M | 63.9M | — | — |
| YoY % | +360.5% | +2.6% | +2.3% | |||
| Weighted Avg Shares (Diluted) | 13.2M | 60.9M | 62.4M | 63.9M | — | — |
| YoY % | +360.5% | +2.6% | +2.3% | |||
| Dividends Declared per Share | — | — | — | $0 | $0 | $0 |
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.
