| Market Cap | $1.84B | |
| Enterprise Value | — | |
| Revenue | $32.1M | +404.5% |
| Gross Profit | — | — |
| EBITDA | -$183.5M | — |
| Net Income | -$169.8M | — |
| Diluted EPS | -$0.12 | — |
| Free Cash Flow | -$147.7M | — |
| Ratio | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 8y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||
| Operating Margin | — | — | — | — | −841.24% | −1307.21% | −277.31% | −11.16% | 88% | 59% | |
| EBITDA Margin | — | — | — | — | −828.78% | −1279.09% | −271.36% | −10.20% | 88% | 54% | |
| Net Margin | — | — | — | — | −814.73% | −1192.47% | −243.42% | −3.73% | 88% | 64% | |
| FCF Margin | — | — | — | — | −288.82% | −941.72% | −238.15% | 24.35% | 88% | 93% | |
| OCF Margin | — | — | — | — | −256.88% | −923.31% | −237.59% | 24.72% | 88% | 91% | |
| Capex Intensity | — | — | — | — | 31.94% | 18.41% | 0.56% | 0.36% | 13% | 15% | |
| ▸Returns on Capital · 3 ratios | |||||||||||
| ▸DuPont factors (ROE drivers) · 2 ratios | |||||||||||
| ▸Earnings quality · 1 ratios | |||||||||||
| ▸Liquidity & coverage · 5 ratios | |||||||||||
| ▸Leverage · 2 ratios | |||||||||||
| ▸Working capital · 3 ratios | |||||||||||
| ▸Capital allocation · 1 ratios | |||||||||||
| ▸Per share · 6 ratios | |||||||||||
| ▸Other · 1 ratios | |||||||||||
| Line | 2018↗ | 2019↗ | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | $12.4M | $8.8M | $36.6M | $184.4M |
| YoY % | -29.2% | +316.3% | +404.5% | |||||
| R&D Expense | $8.4M | $23.8M | $32.2M | $54.2M | $77.8M | $82.2M | $89.1M | $137.9M |
| YoY % | +183.9% | +35.5% | +68.2% | +43.7% | +5.6% | +8.4% | +54.7% | |
| SG&A Expense | — | — | — | — | — | — | $48.8M | $67.1M |
| YoY % | +37.5% | |||||||
| Total Operating Expenses | $12.8M | $35.7M | $53.0M | $86.1M | $116.8M | $123.6M | $137.9M | $205.0M |
| YoY % | +179.1% | +48.7% | +62.3% | +35.7% | +5.8% | +11.6% | +48.6% | |
| Operating Income | -$12.8M | -$35.7M | -$53.0M | -$86.1M | -$104.4M | -$114.8M | -$101.4M | -$20.6M |
| Interest Expense | — | — | — | — | — | $49,000 | $26,000 | $9,000 |
| YoY % | -46.9% | -65.4% | ||||||
| Interest & Investment Income | $270,000 | $3.4M | $744,000 | — | — | $10.0M | $12.7M | $13.8M |
| YoY % | +1141.1% | -77.8% | +27.2% | +8.7% | ||||
| Other Non-Operating Income | -$10,000 | $2,000 | $101,000 | $140,000 | $167,000 | $166,000 | -$247,000 | -$51,000 |
| YoY % | +4950.0% | +38.6% | +19.3% | -0.6% | ||||
| Impairment of Real Estate | — | — | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Tax | — | — | — | — | — | — | — | $0 |
| Net Income (incl. NCI) | -$12.5M | -$32.3M | -$52.2M | -$85.8M | -$101.1M | -$104.7M | -$89.0M | -$6.9M |
| Net Income | -$12.5M | -$32.3M | -$52.2M | -$85.8M | -$101.1M | -$104.7M | -$89.0M | -$6.9M |
| EPS (Basic) | — | — | — | -$2.34 | -$2.60 | -$2.38 | -$1.65 | -$0.12 |
| EPS (Diluted) | — | — | — | -$2.34 | -$2.60 | -$2.38 | -$1.65 | -$0.12 |
| Weighted Avg Shares (Basic) | — | — | — | 36.7M | 38.9M | 44.0M | 54.0M | 59.2M |
| YoY % | +5.9% | +13.1% | +22.8% | +9.6% | ||||
| Weighted Avg Shares (Diluted) | — | — | — | 36.7M | 38.9M | 44.0M | 54.0M | 59.2M |
| YoY % | +5.9% | +13.1% | +22.8% | +9.6% |
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.
