-
Revenue
$-86.26M
Net Income
-
Gross Margin
-
Op. Margin
$-1.37B
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
|---|---|---|---|---|
| Operating Expenses | $28.75M | $9.70M | $7.85M | $6.54M |
| Interest Expense | $1.35M | - | - | - |
| Other Income/Expense | $4.88M | $1.62M | $1.42M | $1.27M |
| Net Income | $137.67M | $-199.16M | $-13.25M | $-11.53M |
| Basic EPS | 0.48 | -0.83 | -0.06 | -0.05 |
| Diluted EPS | 0.48 | -0.83 | -0.06 | -0.05 |
| Basic Shares Outstanding | - | 238.7M | 219.6M | 218.6M |
| Diluted Shares Outstanding | - | 238.7M | 219.6M | 218.6M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
|---|---|---|---|---|
| Cash & Cash Equivalents | $568.23M | $385.31M | $508.85M | $446.62M |
| Accounts Receivable | $4.11M | $2.03M | $577.00K | $620.00K |
| Total Current Assets | $911.64M | $388.63M | $511.71M | $449.32M |
| Property Plant & Equipment | $1.34B | $1.04B | $810.09M | $475.78M |
| Other Non-current Assets | $6.73M | $2.72M | $2.98M | $79.39M |
| Total Assets | $2.58B | $1.45B | $1.34B | $1.02B |
| Accounts Payable | $87.85M | $47.00M | $5.95M | $3.05M |
| Accrued Liabilities | $83.44M | $50.51M | $40.16M | $34.63M |
| Total Current Liabilities | $176.82M | $103.12M | $51.80M | $43.42M |
| Other Non-current Liabilities | $3.50M | $3.50M | $3.50M | $3.50M |
| Total Liabilities | $992.40M | $555.30M | $303.25M | $83.49M |
| Common Stock | $1.28B | $729.20M | $670.64M | $657.32M |
| Retained Earnings | $-221.15M | $-276.51M | $-78.83M | $-66.38M |
| Total Stockholders Equity | $1.06B | $475.63M | $616.32M | $625.50M |
| Total Liabilities & Equity | $2.58B | $1.45B | $1.34B | $1.02B |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
|---|---|---|---|---|
| Net Income | $137.67M | $-199.16M | $-24.77M | $-11.53M |
| Stock-based Compensation | $1.90M | $4.31M | $2.65M | $1.03M |
| Change in Receivables | $739.00K | $407.00K | $20.00K | $68.00K |
| Change in Payables | $13.70M | $-14.00K | $253.00K | $60.00K |
| Operating Cash Flow | $-14.15M | $-47.07M | $-49.38M | $-18.84M |
| Capital Expenditure | $239.38M | $525.67M | $353.50M | $117.93M |
| Investing Cash Flow | $-239.38M | $-525.67M | $-353.50M | $-117.93M |
| Financing Cash Flow | $773.54M | $364.16M | $317.85M | $-10.49M |
| Net Change in Cash | $520.01M | $-208.58M | $-85.03M | $-147.26M |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.