| Market Cap | $1.96B | |
| Enterprise Value | $1.32B | |
| Revenue | $10.0M | +100.0% |
| Gross Profit | — | — |
| EBITDA | -$423.0M | — |
| Net Income | -$425.2M | — |
| Diluted EPS | -$8.44 | — |
| Free Cash Flow | -$210.5M | — |
| Ratio | 2023 | 2024 | 2025 | Trend · 3y | vs own | vs sector |
|---|---|---|---|---|---|---|
| ▾Margins | ||||||
| Operating Margin | −74.29% | −3277.76% | −3830.57% | 17% | 11% | |
| EBITDA Margin | −74.07% | −3275.02% | −3830.01% | 17% | 10% | |
| NOPAT Margin | −58.69% | −2589.43% | −3026.15% | 17% | 8% | |
| Net Margin | −74.25% | −3139.76% | −3777.37% | 17% | 10% | |
| FCF Margin | −61.09% | −2396.10% | −1723.51% | 50% | 10% | |
| OCF Margin | −61.06% | −2393.48% | −1723.33% | 50% | 11% | |
| Capex Intensity | 0.03% | 2.62% | 0.18% | 50% | 9% | |
| ▸Returns on Capital · 3 ratios | ||||||
| ▸DuPont factors (ROE drivers) · 2 ratios | ||||||
| ▸Earnings quality · 1 ratios | ||||||
| ▸Liquidity & coverage · 7 ratios | ||||||
| ▸Leverage · 7 ratios | ||||||
| ▸Working capital · 1 ratios | ||||||
| ▸Per share · 6 ratios | ||||||
| Line | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|
| Revenue | $50.0M | $5.0M | $10.0M |
| YoY % | -90.0% | +100.0% | |
| R&D Expense | $60.0M | $139.1M | $168.1M |
| YoY % | +131.8% | +20.8% | |
| SG&A Expense | $17.1M | $29.7M | $53.3M |
| YoY % | +73.8% | +79.2% | |
| Total Operating Expenses | $87.1M | $168.9M | $393.1M |
| YoY % | +93.8% | +132.7% | |
| Operating Income | -$37.1M | -$163.9M | -$383.1M |
| Interest Expense | — | — | $7.3M |
| Interest & Investment Income | — | $8.0M | $12.2M |
| YoY % | +52.4% | ||
| Other Non-Operating Income | $624,000 | $202,000 | $417,000 |
| YoY % | -67.6% | +106.4% | |
| Pretax Income | -$36.8M | -$156.6M | -$377.8M |
| Income Tax | $301,000 | $429,000 | -$79,000 |
| YoY % | +42.5% | ||
| Net Income | -$37.1M | -$157.0M | -$377.7M |
| EPS (Basic) | -$24.25 | -$11.89 | -$8.44 |
| EPS (Diluted) | -$24.25 | -$11.89 | -$8.44 |
| Weighted Avg Shares (Basic) | 1.5M | 13.2M | 44.7M |
| YoY % | +762.0% | +238.9% | |
| Weighted Avg Shares (Diluted) | 1.5M | 13.2M | 44.7M |
| YoY % | +762.0% | +238.9% |
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.
