-
Revenue
$-410.16M
Net Income
-
Gross Margin
-
Op. Margin
$-1.22B
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Total Revenue | - | - | - | - | - | - |
| Revenue Growth % | nan% | nan% | nan% | nan% | nan% | nan% |
| Operating Expenses | $408.28M | $408.28M | $326.75M | $94.47M | - | - |
| Operating Income | $-408.28M | $-408.28M | $-326.75M | $-4.92M | $-6.15M | $-1.68M |
| Operating Margin % | nan% | nan% | nan% | nan% | nan% | nan% |
| Interest Expense | $88.25M | $88.25M | $67.31M | - | - | - |
| Interest Income | - | - | - | $4.42M | $3.99M | $16.15K |
| Other Income/Expense | $8.83M | $8.83M | $4.19M | $801.00K | $4.32M | $5.96M |
| Income Before Tax | $-398.49M | $-398.49M | $-617.33M | $-31.27M | $-1.83M | $4.27M |
| Income Tax Expense | $11.67M | $11.67M | $-48.00K | $914.32K | $757.07K | - |
| Net Income | $-410.16M | $-410.16M | $-617.28M | $-32.18M | $-2.59M | $4.27M |
| Net Margin % | nan% | nan% | nan% | nan% | nan% | nan% |
| Basic EPS | nan | -4.18 | -9.21 | nan | nan | nan |
| Diluted EPS | nan | -4.18 | -9.21 | nan | nan | nan |
| Basic Shares Outstanding | 6.4M | 98.2M | 67.0M | - | - | - |
| Diluted Shares Outstanding | 6.4M | 98.2M | 67.0M | - | - | - |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $97.68M | $300.38M | - | $100.26K | $322.77K |
| Inventory | $12.08M | - | - | - | - |
| Other Current Assets | $11.28M | $4.17M | - | - | - |
| Total Current Assets | $135.70M | $355.27M | $364.42K | $188.47K | $844.65K |
| Other Non-current Assets | $44.07M | $33.45M | $6.40M | - | - |
| Total Assets | $1.74B | $1.58B | $63.92M | $290.91M | $288.44M |
| Accounts Payable | $25.24M | $16.81M | - | - | - |
| Short-term Debt | $921.58M | - | - | - | - |
| Accrued Liabilities | $23.93M | $62.00M | $6.95M | $4.63M | $275.50K |
| Total Current Liabilities | $1.02B | $120.67M | $16.77M | $6.74M | $1.23M |
| Long-term Debt | - | $833.54M | - | - | - |
| Deferred Tax Liabilities | $12.83M | $1.16M | - | - | - |
| Other Non-current Liabilities | $19.34M | $16.99M | $5.52M | - | - |
| Total Liabilities | $1.21B | $1.20B | $55.99M | $18.89M | $13.88M |
| Common Stock | $15.00K | $8.00K | - | - | - |
| Retained Earnings | $-1.11B | $-698.30M | $-55.58M | $-18.33M | $-12.94M |
| Total Stockholders Equity | $534.30M | $384.19M | $-55.58M | $-18.33M | $-12.94M |
| Total Liabilities & Equity | $1.74B | $1.58B | $63.92M | $290.91M | $288.44M |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Net Income | $-519.71M | $-410.16M | $-617.28M | $-32.18M | $-2.59M | $4.27M |
| Stock-based Compensation | $65.24M | $42.68M | $91.61M | - | - | - |
| Deferred Income Tax | - | - | $-48.00K | - | - | - |
| Operating Cash Flow | $-542.59M | $-351.70M | $-162.97M | $-3.84M | $-1.71M | $-2.01M |
| Capital Expenditure | $673.91M | $417.62M | $72.30M | - | - | - |
| Investing Cash Flow | $-673.91M | $-417.62M | $-276.25M | $231.58M | $786.92K | $-287.50M |
| Debt Repayment | - | - | $18.75M | - | - | - |
| Stock Repurchased | - | - | - | $230.13M | - | - |
| Financing Cash Flow | $814.13M | $531.24M | $721.65M | $-227.56M | $705.00K | $289.82M |
| Net Change in Cash | - | - | $282.44M | - | - | - |
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-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.