$521.89M
Revenue
$-204.19M
Net Income
-0.34%
Gross Margin
-12.03%
Op. Margin
$-262.52M
Free Cash Flow
| Breakdown | 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) |
|---|---|---|---|---|---|---|
| Total Revenue | $144.00M | $131.84M | $111.84M | $134.22M | $130.65M | $137.33M |
| Revenue Growth % (YoY) | 10.2% | -4.0% | nan% | nan% | nan% | nan% |
| Gross Profit | $10.31M | $62.00K | $-1.71M | $-10.44M | $-12.07M | $3.98M |
| Gross Margin % | 7.2% | 0.0% | -1.5% | -7.8% | -9.2% | 2.9% |
| Research & Development | $1.64M | $1.35M | $1.88M | $1.39M | $1.25M | $1.45M |
| Selling General & Admin | $13.78M | $13.27M | $14.62M | $13.07M | $13.06M | $5.10M |
| Operating Income | $-5.12M | $-14.55M | $-18.21M | $-24.91M | $-26.28M | $-2.68M |
| Operating Margin % | -3.6% | -11.0% | -16.3% | -18.6% | -20.1% | -2.0% |
| Interest Expense | $24.52M | $25.42M | $29.84M | $37.58M | $16.50M | $15.61M |
| Other Income/Expense | $-142.00K | $2.43M | $-447.00K | $-898.00K | $285.00K | $1.09M |
| Income Before Tax | $-28.39M | $-35.68M | $-46.56M | $-61.45M | $-41.40M | $-15.34M |
| Income Tax Expense | $90.00K | $51.21M | $-7.21M | $-11.98M | $-5.33M | $-592.00K |
| Net Income | $-28.48M | $-86.89M | $-39.35M | $-49.48M | $-36.07M | $-14.75M |
| Net Margin % | -19.8% | -65.9% | -35.2% | -36.9% | -27.6% | -10.7% |
| Basic EPS | -1.10 | -0.34 | -0.15 | -0.19 | -0.14 | -0.06 |
| Diluted EPS | -1.10 | -0.34 | -0.15 | -0.19 | -0.14 | -0.06 |
| Basic Shares Outstanding | 25.9M | 259.2M | 258.4M | 99K | 257.7M | 257.8M |
| Diluted Shares Outstanding | 25.9M | 259.2M | 258.4M | 99K | 257.7M | 257.8M |
| Breakdown | 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) |
|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | - | - | - | - | - | $120.73M |
| Inventory | $243.29M | $255.93M | $254.27M | $231.24M | $266.46M | $304.79M |
| Other Current Assets | $60.55M | $61.23M | $60.40M | $8.36M | $60.61M | $62.45M |
| Total Current Assets | $569.78M | $566.45M | $618.54M | $636.80M | $557.99M | $583.00M |
| Property Plant & Equipment | $481.48M | $488.35M | $481.42M | $482.70M | $496.69M | $495.55M |
| Intangible Assets | - | - | - | $34.40M | - | - |
| Other Non-current Assets | $42.86M | $45.21M | $47.48M | $51.64M | $51.72M | $53.65M |
| Total Assets | $1.11B | $1.11B | $1.21B | $1.22B | $1.14B | $1.16B |
| Accounts Payable | $62.27M | $50.37M | $70.56M | $72.83M | $55.11M | $61.01M |
| Short-term Debt | - | - | - | - | - | - |
| Deferred Revenue | - | - | - | $11.20M | - | - |
| Total Current Liabilities | $134.97M | $114.43M | $148.58M | $139.93M | $147.19M | $138.13M |
| Long-term Debt | $1.09B | $1.09B | $1.09B | $1.09B | $929.31M | $928.05M |
| Deferred Tax Liabilities | $27.00M | $26.57M | $24.14M | $23.97M | $23.94M | $24.07M |
| Other Non-current Liabilities | $47.47M | $48.66M | $47.71M | $48.56M | $47.76M | $52.72M |
| Common Stock | $2.58M | $2.58M | $2.58M | $2.57M | $2.57M | $2.57M |
| Retained Earnings | $-947.83M | $-919.34M | $-832.45M | $-793.45M | $-743.99M | $-707.92M |
| Total Stockholders Equity | $-194.36M | $-168.44M | $-105.34M | $-78.90M | $-9.00M | $16.24M |
| Total Liabilities & Equity | $1.11B | $1.11B | $1.21B | $1.22B | $1.14B | $1.16B |
| Breakdown | 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) |
|---|---|---|---|---|---|---|
| Net Income | $-28.48M | $-86.89M | $-39.35M | $-49.48M | $-36.07M | $-14.75M |
| Depreciation & Amortization | $45.84M | $29.34M | $13.78M | $16.11M | $46.13M | $28.20M |
| Stock-based Compensation | $1.00M | $2.42M | $580.00K | $1.59M | $4.45M | $2.61M |
| Deferred Income Tax | $40.78M | $42.14M | $-7.31M | $-15.89M | $-11.74M | $-6.12M |
| Change in Inventory | $15.03M | $25.65M | $23.37M | $-18.73M | $-50.10M | $-20.79M |
| Operating Cash Flow | $-60.72M | $-85.42M | $-32.19M | $-26.42M | $-13.68M | $-37.38M |
| Capital Expenditure | $20.51M | $14.19M | $10.28M | $12.79M | $21.52M | $17.49M |
| Investing Cash Flow | $-20.22M | $-14.16M | $-10.25M | $-12.79M | $-21.42M | $-17.41M |
| Debt Repayment | - | - | - | $137.00K | - | - |
| Dividends Paid | - | - | - | - | - | - |
| Financing Cash Flow | $-310.00K | $-264.00K | $-237.00K | $155.86M | $-140.00K | $-117.00K |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.