| Market Cap | $31.0M | |
| Enterprise Value | — | |
| Revenue | $130,000 | +132.1% |
| Gross Profit | $102,000 | — |
| EBITDA | -$24.8M | — |
| Net Income | -$21.3M | — |
| Diluted EPS | -$1.91 | — |
| Free Cash Flow | -$18.3M | — |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||
| Gross Margin | 92.80% | 86.81% | 61.76% | 98.73% | — | — | — | — | |
| Operating Margin | −2797.78% | −5509.03% | −20514.71% | −99.24% | −30442.86% | −18478.46% | 42% | 3% | |
| EBITDA Margin | −2604.16% | — | — | −96.38% | −30096.43% | −18401.54% | 38% | 2% | |
| NOPAT Margin | −2210.25% | — | — | −99.24% | −24049.86% | −14597.98% | 38% | 2% | |
| Net Margin | −3009.70% | −6024.31% | −30770.59% | 167.11% | −19894.64% | −14755.38% | 42% | 4% | |
| FCF Margin | −2170.91% | — | — | — | −30641.07% | −13856.92% | 50% | 3% | |
| FCFE Margin | −2050.97% | — | — | — | — | — | — | — | — |
| OCF Margin | −2165.37% | −5454.86% | −17467.65% | −78.53% | −30601.79% | −13811.54% | 42% | 3% | |
| Gross Profitability | 8.54% | 3.96% | 0.65% | 1.14% | — | — | — | — | |
| Capex Intensity | 5.54% | — | — | — | 39.29% | 45.38% | 83% | 94% | |
| ▸Returns on Capital · 2 ratios | |||||||||
| ▸DuPont factors (ROE drivers) · 3 ratios | |||||||||
| ▸Earnings quality · 3 ratios | |||||||||
| ▸Liquidity & coverage · 6 ratios | |||||||||
| ▸Leverage · 5 ratios | |||||||||
| ▸Working capital · 5 ratios | |||||||||
| ▸Per share · 6 ratios | |||||||||
| Line | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|
| Revenue | $361,000 | $144,000 | $34,000 | $3.2M | $56,000 | $130,000 |
| YoY % | -60.1% | -76.4% | +9173.5% | -98.2% | +132.1% | |
| Cost of Revenue | $26,000 | $19,000 | $13,000 | $40,000 | — | — |
| YoY % | -26.9% | -31.6% | +207.7% | |||
| Gross Profit | $335,000 | $125,000 | $21,000 | $102,000 | — | — |
| YoY % | -62.7% | -83.2% | +385.7% | |||
| R&D Expense | $3.7M | $1.5M | $1.0M | $2.4M | $7.5M | $13.2M |
| YoY % | -60.8% | -29.6% | +133.0% | +213.2% | +75.9% | |
| SG&A Expense | $6.7M | $6.7M | $6.0M | $3.9M | $9.6M | $11.0M |
| YoY % | -0.2% | -11.0% | -34.8% | +147.1% | +14.3% | |
| Total Operating Expenses | $10.4M | $8.2M | $7.0M | $6.3M | $17.1M | $24.2M |
| YoY % | -21.8% | -14.3% | -10.2% | +172.3% | +41.2% | |
| Operating Income | -$10.1M | -$7.9M | -$7.0M | -$3.1M | -$17.0M | -$24.0M |
| Interest Expense | — | — | — | $558,000 | $526,000 | $213,000 |
| YoY % | -5.7% | -59.5% | ||||
| Other Non-Operating Income | $105,000 | $448,000 | — | — | $228,000 | $51,000 |
| YoY % | +326.7% | -77.6% | ||||
| Impairment of Real Estate | — | — | — | $0 | $0 | $0 |
| Pretax Income | -$11.1M | $8.7M | $10.5M | $5.3M | -$11.2M | -$19.2M |
| YoY % | +20.7% | -49.8% | ||||
| Income Tax | -$150,000 | — | — | $0 | $0 | $18,000 |
| Income from Continuing Operations | -$10.4M | -$8.6M | -$10.5M | — | — | — |
| Income from Discontinued Operations | -$727,000 | -$103,000 | — | — | — | — |
| Net Income (incl. NCI) | -$11.0M | -$8.7M | -$10.5M | $5.3M | -$11.2M | -$19.2M |
| Minority Interest (P&L) | -$111,000 | -$3,000 | -$60,000 | $0 | -$66,000 | -$33,000 |
| Net Income | -$10.9M | -$8.7M | -$10.5M | $5.3M | -$11.1M | -$19.2M |
| Net Income to Common | $10.4M | $8.6M | — | $5.3M | -$11.1M | -$19.4M |
| YoY % | -17.5% | |||||
| EPS (Basic) | — | -$0.23 | -$9.70 | $2.36 | -$1.51 | -$1.91 |
| EPS (Diluted) | — | — | -$9.70 | $0.73 | -$1.51 | -$1.91 |
| Weighted Avg Shares (Basic) | — | 37.9M | 1,079 | 2.2M | 7.4M | 10.2M |
| YoY % | -100.0% | +207036.2% | +229.3% | +38.5% | ||
| Weighted Avg Shares (Diluted) | — | — | 1,079 | 7.4M | 7.4M | 10.2M |
| YoY % | +681179.0% | +0.1% | +38.5% |
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.
