| Market Cap | $450.0M | |
| Enterprise Value | — | |
| Revenue | $18.8M | +8.0% |
| Gross Profit | — | — |
| EBITDA | -$84.5M | — |
| Net Income | -$91.3M | — |
| Diluted EPS | -$0.51 | — |
| Free Cash Flow | -$75.4M | — |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||
| Operating Margin | −551.26% | −978.83% | −501.48% | −520.51% | −523.03% | −463.66% | 92% | 7% | |
| EBITDA Margin | −452.97% | −891.81% | −457.57% | −451.80% | −441.28% | −378.95% | 92% | 7% | |
| NOPAT Margin | — | — | — | −411.20% | −413.19% | −366.29% | 83% | 5% | |
| Net Margin | −683.55% | 667.11% | −81.05% | −376.50% | −479.27% | −429.53% | 42% | 7% | |
| FCF Margin | −523.78% | −1403.28% | −781.41% | −532.87% | −396.45% | −384.43% | 92% | 6% | |
| OCF Margin | −475.27% | −938.05% | −286.91% | −334.64% | −317.29% | −337.49% | 42% | 6% | |
| Capex Intensity | 48.50% | 465.23% | 494.49% | 198.23% | 79.16% | 46.94% | 8% | 96% | |
| ▸Returns on Capital · 4 ratios | |||||||||
| ▸DuPont factors (ROE drivers) · 2 ratios | |||||||||
| ▸Earnings quality · 4 ratios | |||||||||
| ▸Liquidity & coverage · 7 ratios | |||||||||
| ▸Leverage · 8 ratios | |||||||||
| ▸Working capital · 3 ratios | |||||||||
| ▸Per share · 3 ratios | |||||||||
| Line | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|
| Revenue | $2.1M | $2.7M | $11.8M | $17.4M | $20.1M | $21.7M |
| YoY % | +29.0% | +334.7% | +47.7% | +15.7% | +8.0% | |
| R&D Expense | $9.6M | $17.1M | $38.6M | $54.7M | $73.3M | $72.5M |
| YoY % | +78.3% | +125.7% | +41.9% | +34.0% | -1.1% | |
| Selling & Marketing Expense | $1.2M | $3.4M | $3.7M | — | — | — |
| YoY % | +184.5% | +7.7% | ||||
| SG&A Expense | — | — | — | — | $31.8M | $29.4M |
| YoY % | -7.6% | |||||
| Total Operating Expenses | $13.7M | $29.3M | $70.9M | $108.0M | $125.5M | $122.6M |
| YoY % | +113.6% | +142.4% | +52.4% | +16.1% | -2.3% | |
| Operating Income | -$11.6M | -$26.5M | -$59.1M | -$90.6M | -$105.3M | -$100.8M |
| Interest Expense | — | — | — | $84,000 | $46,000 | $25,000 |
| YoY % | -45.2% | -45.7% | ||||
| Interest & Investment Income | $28,000 | $56,000 | $8.5M | $20.3M | $17.7M | $13.2M |
| YoY % | +100.0% | +15035.7% | +139.1% | -12.8% | -25.3% | |
| Other Non-Operating Income | -$2.7M | $44.6M | $49.3M | $25.1M | $10.1M | $7.3M |
| YoY % | +10.6% | -49.2% | -59.6% | -27.5% | ||
| Equity Method Income | — | — | — | — | -$133,000 | $65,000 |
| Pretax Income | — | — | — | -$65.5M | -$95.2M | -$93.5M |
| Income Tax | $118,000 | -$25,000 | -$227,000 | $2,000 | $1.2M | -$8,000 |
| YoY % | +59600.0% | |||||
| Net Income | -$14.4M | $18.1M | -$9.6M | -$65.5M | -$96.5M | -$93.4M |
| Net Income to Common | -$14.4M | $12.7M | -$9.6M | -$65.5M | -$96.5M | -$93.4M |
| EPS (Basic) | -$0.21 | $0.13 | -$0.05 | -$0.37 | -$0.54 | -$0.51 |
| EPS (Diluted) | -$0.21 | $0.11 | -$0.05 | -$0.37 | -$0.54 | -$0.51 |
| Weighted Avg Shares (Basic) | 69.2M | 95.5M | 174.4M | 178.0M | 179.4M | 184.9M |
| YoY % | +37.9% | +82.6% | +2.1% | +0.8% | +3.1% |
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.
