$521.89M
Revenue
$-204.19M
Net Income
-0.34%
Gross Margin
-12.03%
Op. Margin
$-262.52M
Free Cash Flow
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Total Revenue | $521.89M | $538.78M | $620.50M | $1.28B | $1.35B |
| Revenue Growth % | -3.1% | -13.2% | -51.6% | -4.8% | nan% |
| Cost of Revenue | - | - | - | $726.37M | $701.34M |
| Gross Profit | $-1.78M | $-19.85M | $36.21M | $554.88M | $644.45M |
| Gross Margin % | -0.3% | -3.7% | 5.8% | 43.3% | 47.9% |
| Research & Development | $6.25M | $5.71M | $5.52M | $3.64M | $3.77M |
| Selling General & Admin | $54.75M | $46.51M | $74.01M | $76.98M | $132.61M |
| Operating Income | $-62.78M | $-75.22M | $-214.44M | $474.26M | $508.07M |
| Operating Margin % | -12.0% | -14.0% | -34.6% | 37.0% | 37.8% |
| Interest Expense | $117.35M | $85.31M | $58.09M | $36.57M | $68.76M |
| Other Income/Expense | $939.00K | $871.00K | $808.00K | $10.06M | $16.45M |
| Income Before Tax | $-172.09M | $-153.27M | $-273.76M | $452.32M | $456.41M |
| Income Tax Expense | $32.11M | $-22.10M | $-18.51M | $69.36M | $68.08M |
| Net Income | $-204.19M | $-131.16M | $-255.25M | $382.96M | $388.33M |
| Net Margin % | -39.1% | -24.3% | -41.1% | 29.9% | 28.9% |
| Basic EPS | -1.78 | -0.51 | -0.99 | 1.48 | 1.46 |
| Diluted EPS | -1.78 | -0.51 | -0.99 | 1.48 | 1.46 |
| Basic Shares Outstanding | 25.9M | 257.7M | 257.0M | 258.8M | 266.3M |
| Diluted Shares Outstanding | 25.9M | 257.7M | 257.0M | 258.8M | 266.3M |
| Breakdown | FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|
| Cash & Cash Equivalents | - | $176.88M | $134.64M | $57.51M |
| Inventory | $231.24M | $330.15M | $447.74M | $289.43M |
| Other Current Assets | $8.36M | $66.38M | $87.27M | $73.36M |
| Total Current Assets | $636.80M | $674.79M | $815.23M | $627.86M |
| Property Plant & Equipment | $482.70M | $522.11M | $519.15M | $501.47M |
| Goodwill | - | - | $171.12M | $171.12M |
| Intangible Assets | $34.40M | - | - | - |
| Other Non-current Assets | $51.64M | $60.44M | $86.73M | $85.68M |
| Total Assets | $1.22B | $1.29B | $1.60B | $1.41B |
| Accounts Payable | $72.83M | $83.27M | $103.16M | $117.11M |
| Short-term Debt | - | $134.00K | $124.00K | $127.00K |
| Deferred Revenue | $11.20M | - | - | - |
| Total Current Liabilities | $139.93M | $190.54M | $237.85M | $234.57M |
| Long-term Debt | $1.09B | $925.51M | $921.80M | $1.03B |
| Deferred Tax Liabilities | $23.97M | $33.21M | $45.06M | $40.67M |
| Other Non-current Liabilities | $48.56M | $55.65M | $50.82M | $68.66M |
| Common Stock | $2.57M | $2.57M | $2.57M | $2.63M |
| Retained Earnings | $-793.45M | $-662.39M | $-401.94M | $-733.20M |
| Total Stockholders Equity | $-78.90M | $78.25M | $337.71M | $23.40M |
| Total Liabilities & Equity | $1.22B | $1.29B | $1.60B | $1.41B |
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Net Income | $-204.19M | $-131.16M | $-255.25M | $382.96M | $388.33M |
| Depreciation & Amortization | $105.08M | $62.24M | $56.89M | $55.50M | $65.72M |
| Stock-based Compensation | $5.59M | $6.04M | $4.43M | $2.31M | $16.63M |
| Deferred Income Tax | $59.72M | $-27.63M | $-28.12M | $17.02M | $-3.66M |
| Change in Inventory | $45.33M | $-68.83M | $-107.80M | $153.58M | $28.16M |
| Operating Cash Flow | $-204.75M | $-40.09M | $76.56M | $324.63M | $443.04M |
| Capital Expenditure | $57.78M | $34.31M | $54.04M | $72.17M | $58.26M |
| Investing Cash Flow | $-57.42M | $-34.21M | $-53.82M | $-71.97M | $-57.86M |
| Debt Repayment | - | $137.00K | $433.84M | $110.12M | $400.14M |
| Stock Repurchased | - | - | - | $60.00M | $50.00M |
| Dividends Paid | - | - | $3.85M | $7.77M | $7.44M |
| Financing Cash Flow | $155.05M | $155.72M | $18.71M | $-176.27M | $-471.79M |
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 | $144.00M | - | $387.68M | - |
| Gross Profit | $10.31M | - | $8.66M | - |
| Research & Development | $1.64M | - | $4.87M | - |
| Selling General & Admin | $13.78M | - | $41.67M | - |
| Operating Income | $-5.12M | - | $-37.88M | - |
| Interest Expense | $24.52M | - | $79.78M | - |
| Other Income/Expense | $-142.00K | - | $1.84M | - |
| Income Before Tax | $-28.39M | - | $-110.63M | - |
| Income Tax Expense | $90.00K | - | $44.09M | - |
| Net Income | $-28.48M | $-14.75M | $-154.72M | - |
| Basic EPS | -1.10 | - | -5.97 | - |
| Diluted EPS | -1.10 | - | -5.97 | - |
| Basic Shares Outstanding | $25.93M | - | $25.90M | - |
| Diluted Shares Outstanding | $25.93M | - | $25.90M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Inventory | $243.29M | $231.24M |
| Other Current Assets | $60.55M | $55.73M |
| Total Current Assets | $569.78M | $636.80M |
| Property Plant & Equipment | $481.48M | $482.70M |
| Other Non-current Assets | $42.86M | $51.64M |
| Total Assets | $1.11B | $1.22B |
| Accounts Payable | $62.27M | $72.83M |
| Total Current Liabilities | $134.97M | $139.93M |
| Long-term Debt | $1.09B | $1.09B |
| Deferred Tax Liabilities | $27.00M | $23.97M |
| Other Non-current Liabilities | $47.47M | $48.56M |
| Common Stock | $2.58M | $2.57M |
| Retained Earnings | $-947.83M | $-793.45M |
| Total Stockholders Equity | $-194.36M | $-78.90M |
| Total Liabilities & Equity | $1.11B | $1.22B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-28.48M | $-14.75M | $-154.72M | - |
| Depreciation & Amortization | - | - | $45.84M | - |
| Stock-based Compensation | $1.00M | - | $3.43M | - |
| Deferred Income Tax | - | - | $40.78M | - |
| Change in Inventory | - | - | $15.03M | - |
| Operating Cash Flow | - | - | $-60.72M | - |
| Capital Expenditure | - | - | $20.51M | - |
| Investing Cash Flow | - | - | $-20.22M | - |
| Financing Cash Flow | - | - | $-310.00K | - |
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.