-
Revenue
$-410.16M
Net Income
-
Gross Margin
-
Op. Margin
$-1.22B
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % (YoY) | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% |
| Operating Expenses | $100.22M | $119.38M | $128.89M | $59.80M | $50.76M | $54.61M | $62.23M | $159.14M | $26.44M | - | - | - | - | - |
| Operating Income | $-100.22M | $-119.38M | $-128.89M | $-59.80M | $-50.76M | $-54.61M | $-62.23M | $-159.14M | $-1.43M | $-996.94K | $-1.35M | $-1.14M | $-4.14M | $-1.28M |
| Operating Margin % | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% |
| Interest Expense | $25.22M | $21.01M | $21.01M | $21.01M | $19.17M | $19.17M | $19.18M | - | - | - | - | - | - | - |
| Interest Income | - | - | - | - | - | - | - | $9.80M | $574.77K | $699.91K | $835.91K | $2.30M | $2.37M | $1.25M |
| Other Income/Expense | $1.06M | $1.83M | $2.51M | $3.44M | $4.12M | $-2.73M | $2.30M | $-499.00K | $1.33M | $-9.33M | $6.55M | $3.65M | $-7.28M | $1.62M |
| Income Before Tax | $-75.84M | $-103.75M | $-120.24M | $-98.66M | $-35.65M | $-254.71M | $-160.29M | $-166.68M | $-28.65M | $-10.33M | $5.20M | $2.51M | $-11.42M | $338.41K |
| Income Tax Expense | $-13.66M | $6.63M | $7.82M | $10.88M | $-19.48M | $865.00K | $5.15M | $13.42M | $128.78K | $146.98K | $165.04K | $473.52K | $226.91K | $530.16K |
| Net Income | $-62.17M | $-110.38M | $-128.07M | $-109.54M | $-16.17M | $-255.57M | $-165.44M | $-180.10M | $-28.78M | $-10.47M | $5.04M | $2.04M | $-11.65M | $-191.75K |
| Net Margin % | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% |
| Basic EPS | nan | -1.11 | -1.40 | -1.30 | 0.65 | -4.11 | -2.75 | -2.99 | nan | nan | nan | nan | nan | nan |
| Diluted EPS | nan | -1.11 | -1.40 | -1.30 | 0.65 | -4.11 | -2.75 | -2.99 | nan | nan | nan | nan | nan | nan |
| Basic Shares Outstanding | 6.4M | 99.5M | 91.2M | 84.4M | 6.0M | 62.2M | 60.2M | 60.2M | - | - | - | - | - | - |
| Diluted Shares Outstanding | 6.4M | 99.5M | 91.2M | 84.4M | 6.0M | 62.2M | 60.2M | 60.2M | - | - | - | - | - | - |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $97.68M | $41.63M | $247.14M | $188.99M | $300.38M | $288.23M | $112.07M | $209.10M | - | $709.45K | $93.61K | $133.69K | $100.26K | $140.24K |
| Inventory | $12.08M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | $11.28M | $11.32M | $4.98M | $5.49M | $4.17M | $4.83M | $3.35M | - | - | - | - | - | - | - |
| Total Current Assets | $135.70M | $78.02M | $308.24M | $245.07M | $355.27M | $344.15M | $167.09M | $229.14M | $364.42K | $955.84K | $235.66K | $436.84K | $188.47K | $378.73K |
| Other Non-current Assets | $44.07M | $39.08M | $36.76M | $34.49M | $33.45M | $17.68M | $5.50M | $5.83M | $6.40M | - | - | - | - | - |
| Total Assets | $1.74B | $1.65B | $1.77B | $1.56B | $1.58B | $1.47B | $1.24B | $1.30B | $63.92M | $64.90M | $87.52M | $87.30M | $290.91M | $289.19M |
| Accounts Payable | $25.24M | - | - | - | $16.81M | - | - | - | - | - | - | - | - | - |
| Short-term Debt | $921.58M | $896.57M | $875.56M | - | - | - | - | - | - | - | - | - | - | - |
| Accrued Liabilities | $23.93M | - | - | - | $62.00M | - | - | $77.98M | $6.95M | $6.15M | $5.61M | $5.44M | $4.63M | $1.09M |
| Other Current Liabilities | - | - | - | - | - | - | - | $1.46M | - | - | - | - | - | - |
| Total Current Liabilities | $1.02B | $1.06B | $1.06B | $146.93M | $120.67M | $98.27M | $61.26M | $81.75M | $16.77M | $13.02M | $10.50M | $10.59M | $6.74M | $2.88M |
| Long-term Debt | - | - | - | $854.55M | $833.54M | $814.42M | $790.38M | $771.20M | - | - | - | - | - | - |
| Deferred Tax Liabilities | $12.83M | $26.50M | $19.87M | $12.04M | $1.16M | $20.65M | $19.78M | - | - | - | - | - | - | - |
| Other Non-current Liabilities | $19.34M | $18.50M | $17.51M | $17.20M | $16.99M | $16.82M | $3.80M | $3.89M | $5.52M | - | - | - | - | - |
| Total Liabilities | $1.21B | $1.30B | $1.33B | $1.28B | $1.20B | $1.31B | $1.12B | $1.03B | $55.99M | $28.18M | $16.39M | $21.39M | $18.89M | $5.52M |
| Common Stock | $15.00K | $10.00K | $10.00K | $8.00K | $8.00K | $7.00K | $6.00K | $6.00K | - | - | - | - | - | - |
| Retained Earnings | $-1.11B | $-1.05B | $-935.91M | $-807.84M | $-698.30M | $-682.13M | $-426.56M | $-261.12M | $-55.58M | $-26.40M | $-15.49M | $-20.09M | $-18.33M | $-4.58M |
| Total Stockholders Equity | $534.30M | $348.08M | $445.63M | $280.71M | $384.19M | $167.50M | $122.05M | $264.58M | $-55.58M | $-26.40M | $-15.49M | $-20.09M | $-18.33M | $-4.58M |
| Total Liabilities & Equity | $1.74B | $1.65B | $1.77B | $1.56B | $1.58B | $1.47B | $1.24B | $1.30B | $63.92M | $64.90M | $87.52M | $87.30M | $290.91M | $289.19M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-62.17M | $-110.38M | $-237.61M | $-109.54M | $-16.17M | $-255.57M | $-165.44M | $-180.10M | $-28.78M | $-3.40M | $7.08M | $2.04M | $-11.65M | $-191.75K |
| Stock-based Compensation | $12.66M | $30.02M | $16.49M | $6.07M | $5.58M | $86.03M | $69.28M | $46.38M | - | - | - | - | - | - |
| Deferred Income Tax | - | - | - | $10.88M | $-19.48M | $19.44M | $18.57M | - | - | - | - | - | - | - |
| Operating Cash Flow | $-98.13M | $-253.57M | $-142.95M | $-47.94M | $-37.46M | $-125.51M | $-93.87M | $-36.13M | $-1.40M | $-2.45M | $-1.89M | $-541.57K | $-876.90K | $-837.53K |
| Capital Expenditure | $94.53M | $323.09M | $192.98M | $63.30M | $53.73M | $18.57M | $4.13M | $204.09M | - | - | - | - | - | - |
| Investing Cash Flow | $-94.53M | $-323.09M | $-192.98M | $-63.30M | $-53.52M | $-222.73M | $-208.28M | $-204.09M | $956.04K | $230.62M | $206.57M | $206.16M | $466.92K | $320.00K |
| Debt Repayment | - | - | - | - | - | $18.75M | $18.75M | - | - | - | - | - | - | - |
| Stock Repurchased | - | - | - | - | - | - | - | - | - | $230.13M | $206.12M | $206.12M | - | - |
| Financing Cash Flow | $248.71M | $282.52M | $282.93M | $-36.00K | $103.27M | $618.39M | $395.99M | $395.99M | - | $-227.56M | $-204.69M | $-205.59M | $370.00K | $335.00K |
| Net Change in Cash | - | - | - | $-111.28M | $12.29M | $270.15M | $93.83M | - | - | - | - | - | - | - |
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing
Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | - | - | - | - |
| Operating Expenses | $119.38M | - | $308.07M | - |
| Operating Income | $-119.38M | - | $-308.07M | - |
| Interest Expense | $21.01M | - | $63.03M | - |
| Other Income/Expense | $1.83M | - | $7.78M | - |
| Income Before Tax | $-103.75M | - | $-322.65M | - |
| Income Tax Expense | $6.63M | - | $25.34M | - |
| Net Income | $-110.38M | $-165.44M | $-347.99M | - |
| Basic EPS | -1.11 | - | -3.79 | - |
| Diluted EPS | -1.11 | - | -3.79 | - |
| Basic Shares Outstanding | $99.49M | - | $91.77M | - |
| Diluted Shares Outstanding | $99.49M | - | $91.77M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $41.63M | $300.38M |
| Other Current Assets | $11.32M | $4.17M |
| Total Current Assets | $78.02M | $355.27M |
| Other Non-current Assets | $39.08M | $33.45M |
| Total Assets | $1.65B | $1.58B |
| Short-term Debt | $896.57M | - |
| Total Current Liabilities | $1.06B | $120.67M |
| Long-term Debt | - | $833.54M |
| Deferred Tax Liabilities | $26.50M | $1.16M |
| Other Non-current Liabilities | $18.50M | $16.99M |
| Total Liabilities | $1.30B | $1.20B |
| Common Stock | $10.00K | $8.00K |
| Retained Earnings | $-1.05B | $-698.30M |
| Total Stockholders Equity | $348.08M | $384.19M |
| Total Liabilities & Equity | $1.65B | $1.58B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-110.38M | $-165.44M | $-347.99M | - |
| Stock-based Compensation | - | - | $30.02M | - |
| Operating Cash Flow | - | - | $-253.57M | - |
| Capital Expenditure | - | - | $323.09M | - |
| Investing Cash Flow | - | - | $-323.09M | - |
| Debt Repayment | - | - | - | - |
| Financing Cash Flow | - | - | $282.52M | - |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.