-
Revenue
$-86.26M
Net Income
-
Gross Margin
-
Op. Margin
$-1.37B
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
|---|---|---|---|
| Operating Expenses | $52.84M | $52.84M | $28.30M |
| Interest Expense | $1.35M | $1.35M | $268.00K |
| Other Income/Expense | $9.19M | $9.19M | $14.54M |
| Income Before Tax | - | $-86.26M | $-42.63M |
| Net Income | $-86.26M | $-86.26M | $-42.63M |
| Basic EPS | -0.46 | -0.50 | -0.21 |
| Diluted EPS | -0.46 | -0.50 | -0.21 |
| Basic Shares Outstanding | - | 243.7M | 200.8M |
| Diluted Shares Outstanding | - | 243.7M | 200.8M |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
|---|---|---|
| Cash & Cash Equivalents | $568.23M | $593.88M |
| Accounts Receivable | $4.11M | $557.00K |
| Total Current Assets | $911.64M | $602.17M |
| Property Plant & Equipment | $1.34B | $398.95M |
| Other Non-current Assets | $6.73M | $27.85M |
| Total Assets | $2.58B | $1.04B |
| Accounts Payable | $87.85M | $700.00K |
| Accrued Liabilities | $83.44M | $51.76M |
| Total Current Liabilities | $176.82M | $58.28M |
| Other Non-current Liabilities | $3.50M | $3.50M |
| Total Liabilities | $992.40M | $99.60M |
| Common Stock | $1.28B | $655.07M |
| Retained Earnings | $-221.15M | $-55.68M |
| Total Stockholders Equity | $1.06B | $635.00M |
| Total Liabilities & Equity | $2.58B | $1.04B |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
|---|---|---|---|
| Net Income | $-97.79M | $-86.26M | $-42.63M |
| Stock-based Compensation | $9.89M | $6.21M | $5.17M |
| Change in Receivables | $1.23M | $1.15M | $-3.73M |
| Change in Payables | $14.00M | $13.69M | $-22.00K |
| Operating Cash Flow | $-129.45M | $-61.22M | $-13.01M |
| Capital Expenditure | $1.24B | $765.04M | $177.69M |
| Investing Cash Flow | $-1.24B | $-765.04M | $-177.69M |
| Financing Cash Flow | $1.45B | $1.14B | $589.08M |
| Net Change in Cash | $79.14M | $311.44M | $398.37M |
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 | |
| Operating Expenses | $9.70M | - | $24.09M | - |
| Interest Expense | - | - | - | - |
| Other Income/Expense | $1.62M | - | $4.30M | - |
| Net Income | $-199.16M | $-6.55M | $-223.94M | - |
| Basic EPS | -0.83 | - | -0.98 | - |
| Diluted EPS | -0.83 | - | -0.98 | - |
| Basic Shares Outstanding | $238.70M | - | $225.67M | - |
| Diluted Shares Outstanding | $238.70M | - | $225.67M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $385.31M | $593.88M |
| Accounts Receivable | $2.03M | $557.00K |
| Total Current Assets | $388.63M | $602.17M |
| Property Plant & Equipment | $1.04B | $398.95M |
| Other Non-current Assets | $2.72M | $27.85M |
| Total Assets | $1.45B | $1.04B |
| Accounts Payable | $47.00M | $700.00K |
| Accrued Liabilities | $50.51M | $51.76M |
| Total Current Liabilities | $103.12M | $58.28M |
| Other Non-current Liabilities | $3.50M | $3.50M |
| Total Liabilities | $555.30M | $99.60M |
| Common Stock | $729.20M | $655.07M |
| Retained Earnings | $-276.51M | $-55.68M |
| Total Stockholders Equity | $475.63M | $635.00M |
| Total Liabilities & Equity | $1.45B | $1.04B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-199.16M | $-6.55M | $-223.94M | - |
| Stock-based Compensation | - | - | $4.31M | - |
| Change in Receivables | - | - | $407.00K | - |
| Change in Payables | - | - | $-14.00K | - |
| Operating Cash Flow | - | - | $-47.07M | - |
| Capital Expenditure | - | - | $525.67M | - |
| Investing Cash Flow | - | - | $-525.67M | - |
| Financing Cash Flow | - | - | $364.16M | - |
| Net Change in Cash | - | - | $-208.58M | - |
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.