| Market Cap | $791.5M | |
| Enterprise Value | — | |
| Revenue | $0 | — |
| Gross Profit | — | — |
| EBITDA | -$194.8M | — |
| Net Income | -$191.8M | — |
| Diluted EPS | -$1.99 | — |
| Free Cash Flow | -$172.9M | — |
| Ratio | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 9y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||||||
| Operating Margin | — | — | — | — | −530.50% | −1315.20% | — | — | — | — | — | |
| EBITDA Margin | — | — | — | — | −508.74% | −1285.45% | — | — | — | — | — | |
| Net Margin | — | — | — | — | −530.01% | −1062.28% | — | — | — | — | — | |
| FCF Margin | — | — | — | — | −580.36% | −1247.74% | — | — | — | — | — | |
| OCF Margin | — | — | — | — | −570.95% | −1210.49% | — | — | — | — | — | |
| Capex Intensity | — | — | — | — | 9.41% | 37.25% | — | — | — | — | — | |
| ▸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 | 2016↗ | 2017↗ | 2018↗ | 2019↗ | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $13.6M | $8.1M | — | — | — |
| YoY % | -40.6% | |||||||||
| R&D Expense | $20.1M | $39.9M | $58.0M | $94.7M | $64.9M | $58.7M | $78.4M | $76.6M | $96.4M | $140.3M |
| YoY % | +98.4% | +45.3% | +63.4% | -31.5% | -9.5% | +33.5% | -2.4% | +25.9% | +45.5% | |
| SG&A Expense | $5.5M | $15.0M | $17.7M | $24.6M | $21.6M | $27.1M | $28.9M | $27.8M | $33.3M | $38.9M |
| YoY % | +173.8% | +18.5% | +38.7% | -12.2% | +25.7% | +6.7% | -4.1% | +20.0% | +16.8% | |
| Total Operating Expenses | $25.6M | $54.9M | $75.7M | $119.3M | $88.4M | $85.9M | $114.5M | $104.3M | $129.7M | $179.2M |
| YoY % | +114.5% | +38.0% | +57.6% | -25.9% | -2.9% | +33.4% | -9.0% | +24.4% | +38.1% | |
| Operating Income | -$25.6M | -$54.9M | -$75.7M | -$119.3M | -$88.4M | -$72.3M | -$106.5M | -$104.3M | -$129.7M | -$179.2M |
| Interest Expense | — | — | — | — | — | — | — | $440,000 | $340,000 | -$203,000 |
| YoY % | -22.7% | |||||||||
| Interest & Investment Income | $369,000 | $219,000 | $619,000 | $1.6M | $115,000 | $64,000 | $2.6M | $7.6M | $9.5M | $9.9M |
| YoY % | -40.7% | +182.6% | +155.3% | -92.7% | -44.3% | +3987.5% | +189.8% | +24.9% | +4.6% | |
| Other Non-Operating Income | $271,000 | $1.0M | $270,000 | $515,000 | $1,000 | $2,000 | -$381,000 | $1.1M | $652,000 | $824,000 |
| YoY % | +269.4% | -73.0% | +90.7% | -99.8% | +100.0% | -40.5% | +26.4% | |||
| Impairment of Real Estate | — | — | — | — | — | $92,000 | $0 | $400,000 | $0 | — |
| YoY % | -100.0% | -100.0% | ||||||||
| Pretax Income | — | — | — | — | — | — | — | — | -$124.6M | -$174.2M |
| Income Tax | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income (incl. NCI) | -$23.8M | -$53.2M | -$74.8M | -$117.2M | -$88.3M | -$72.2M | -$86.0M | -$96.0M | -$124.7M | -$174.3M |
| Minority Interest (P&L) | -$2.2M | -$1.1M | $0 | — | — | — | — | — | — | — |
| Net Income | -$21.5M | -$52.1M | -$74.8M | -$117.2M | — | — | — | — | — | — |
| Net Income to Common | -$17.2M | -$39.3M | -$74.8M | -$117.2M | — | — | — | — | — | — |
| EPS (Basic) | — | — | — | — | -$25.50 | -$10.14 | -$10.10 | -$4.83 | -$3.06 | -$1.99 |
| EPS (Diluted) | — | — | — | — | -$25.50 | -$10.14 | -$10.10 | -$4.83 | -$3.06 | -$1.99 |
| Weighted Avg Shares (Basic) | — | — | — | — | 3.5M | 7.1M | 8.5M | 19.9M | 40.8M | 87.5M |
| YoY % | +105.6% | +19.6% | +133.6% | +105.3% | +114.4% | |||||
| Weighted Avg Shares (Diluted) | — | — | — | — | 3.5M | 7.1M | 8.5M | 19.9M | 40.8M | 87.5M |
| YoY % | +105.6% | +19.6% | +133.6% | +105.3% | +114.4% |
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.
