| Market Cap | $20.1M | |
| Enterprise Value | — | |
| Revenue | $7.6M | — |
| Gross Profit | — | — |
| EBITDA | -$29.4M | — |
| Net Income | -$15.4M | — |
| Diluted EPS | — | — |
| Free Cash Flow | -$22.7M | — |
| 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 |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||
| Gross Margin | — | 100.00% | — | — | — | — | — | — | — |
| Operating Margin | 3.99% | −386.85% | −209.08% | −579.43% | −393.82% | — | — | — | |
| EBITDA Margin | 4.14% | −385.77% | −208.49% | −578.20% | −392.49% | — | — | — | |
| NOPAT Margin | 3.99% | −305.61% | −165.17% | −457.75% | −311.12% | — | — | — | |
| Net Margin | 6.23% | −384.06% | −204.16% | −565.21% | −411.90% | — | — | — | |
| FCF Margin | −4.32% | −261.10% | −188.15% | −450.46% | −271.14% | — | — | — | |
| OCF Margin | −4.06% | −260.93% | −188.05% | −439.14% | −256.48% | — | — | — | |
| Gross Profitability | — | 9.32% | — | — | — | — | — | — | — |
| Capex Intensity | 0.26% | 0.17% | 0.10% | 11.33% | 14.66% | — | — | — | |
| ▸Returns on Capital · 3 ratios | |||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||
| ▸Earnings quality · 6 ratios | |||||||||
| ▸Liquidity & coverage · 3 ratios | |||||||||
| ▸Leverage · 2 ratios | |||||||||
| ▸Working capital · 4 ratios | |||||||||
| ▸Per share · 6 ratios | |||||||||
| ▸Other · 1 ratios | |||||||||
| Line | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|
| Revenue | $135.1M | $23.0M | $41.9M | $21.0M | $7.1M | — |
| YoY % | -83.0% | +81.8% | -49.9% | -66.0% | ||
| Cost of Revenue | — | $0 | — | — | — | — |
| R&D Expense | $107.9M | $82.7M | $91.9M | $108.5M | $23.6M | $18.0M |
| YoY % | -23.3% | +11.1% | +18.1% | -78.2% | -23.8% | |
| SG&A Expense | $21.8M | $29.4M | $30.3M | $27.8M | $4.5M | $8.7M |
| YoY % | +34.6% | +2.9% | -8.2% | -84.0% | +96.0% | |
| Total Operating Expenses | $129.7M | $112.1M | $129.4M | $142.5M | $28.1M | $26.7M |
| YoY % | -13.6% | +15.4% | +10.1% | -80.3% | -4.8% | |
| Operating Income | $5.4M | -$89.1M | -$87.5M | -$121.5M | -$28.1M | -$26.7M |
| Interest & Investment Income | — | — | — | — | $700,000 | $700,000 |
| YoY % | 0.0% | |||||
| Other Non-Operating Income | $2.3M | $642,000 | $2.1M | $3.6M | -$2.0M | $7.2M |
| YoY % | -72.5% | +221.0% | +74.0% | |||
| Impairment of Real Estate | — | — | $0 | $0 | $0 | $0 |
| Pretax Income | $7.7M | -$88.4M | -$85.5M | -$118.5M | -$71.3M | — |
| Income Tax | -$691,000 | $0 | $0 | $0 | $0 | $0 |
| Net Income (incl. NCI) | $8.4M | -$88.4M | -$85.5M | -$118.5M | -$29.4M | -$18.2M |
| Net Income | $8.4M | -$88.4M | -$85.5M | -$118.5M | -$29.4M | -$18.2M |
| Net Income to Common | — | — | — | — | -$29.4M | -$18.2M |
| EPS (Basic) | $0.18 | -$1.74 | -$19.12 | -$26.26 | -$11.42 | -$2.46 |
| EPS (Diluted) | $0.18 | -$1.74 | -$19.12 | -$26.26 | -$11.42 | -$3.26 |
| Weighted Avg Shares (Basic) | 47.4M | 50.7M | 4.5M | 4.5M | 2.6M | 7.4M |
| YoY % | +7.0% | -91.2% | +0.9% | -43.0% | +188.2% | |
| Weighted Avg Shares (Diluted) | 47.9M | 50.7M | 4.5M | 4.5M | 2.6M | 7.8M |
| YoY % | +5.9% | -91.2% | +0.9% | -43.0% | +202.3% | |
| Dividends Declared per Share | — | — | — | — | — | $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.
