CompanyGraph
What stands out
- Earnings significantly exceed cash generation
At a glance
- Depends onMidstream position: 5 outgoing, 4 incoming connections
- ScaleMarket cap is $4.99B, above the global median of $1.18B
- PositionOperating margin is -166.3%, lower than 95% of its Communication Equipment peers (median 5%)
- Interpretations4 currently firing — 4
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Sign inThe reported statements, read against the company's own industry.
What stands out
- Earnings significantly exceed cash generation
Financials view
Market Capitalization
4.99BUSDvs all stocks (USD)
Revenue (TTM)
174.10MUSDvs all stocks (USD)
Profit Margin
96.25%vs Communication Equipment peers
Beta
2.75xvs all stocks
52-Week Change
49.32%vs all stocks
Market Capitalization
4.99BUSDvs all stocks (USD)
Enterprise Value
3.35BUSDvs all stocks (USD)
Forward P/E
-439.00xvs Communication Equipment peers
Price to Sales (TTM)
28.77xvs Communication Equipment peers
Price to Book (MRQ)
2.96xvs Communication Equipment peers
Enterprise to Revenue
19.25xvs Communication Equipment peers
Enterprise to EBITDA
-18.57xvs Communication Equipment peers
Gross Margin
49.20%vs Communication Equipment peers
Profit Margin
96.25%vs Communication Equipment peers
Operating Margin
-166.30%vs Communication Equipment peers
Return on Assets (TTM)
-8.37%vs Communication Equipment peers
Return on Equity (TTM)
19.32%vs Communication Equipment peers
Revenue (TTM)
174.10MUSDvs all stocks (USD)
Revenue per Share (TTM)
0.4420USDUpdated Aug 28, 2026Quarterly Revenue Growth
1235.40%vs Communication Equipment peers
Gross Profit (TTM)
76.12MUSDvs all stocks (USD)
EBITDA (TTM)
-180.56MUSDvs all stocks (USD)
Net Income (TTM)
85.75MUSDvs all stocks (USD)
Operating Cash Flow (TTM)
-161.06MUSDvs all stocks (USD)
Levered Free Cash Flow (TTM)
-69.11MUSDvs all stocks (USD)
Trailing Annual Dividend Rate
0.00USDUpdated Aug 28, 2026Trailing Annual Dividend Yield
0.00%vs all stocks
Payout Ratio
0.00%vs Communication Equipment peers
Minority Interest (Equity)
33.81MUSDFY2025 · Dec 31, 2025Revenue
50.73MUSDFY2025 · Dec 31, 2025Cost of Goods Sold
30.57MUSDFY2025 · Dec 31, 2025Gross Profit
20.16MUSDFY2025 · Dec 31, 2025Operating Income
-58.38MUSDvs all stocks (USD)
Pre-tax Income
-132.89MUSDFY2025 · Dec 31, 2025Income Tax Expense
488.00KUSDFY2025 · Dec 31, 2025Net Income
-133.38MUSDFY2025 · Dec 31, 2025EBIT
-126.32MUSDFY2025 · Dec 31, 2025EBITDA (Income Statement)
-41.48MUSDFY2025 · Dec 31, 2025Research & Development
20.88MUSDFY2025 · Dec 31, 2025Selling, General & Administrative
57.66MUSDFY2025 · Dec 31, 2025Non-operating Interest Income
9.11MUSDFY2025 · Dec 31, 2025Non-operating Interest Expense
6.58MUSDFY2025 · Dec 31, 2025EPS (Basic)
-0.6200USDFY2025 · Dec 31, 2025EPS (Diluted)
-0.6200USDFY2025 · Dec 31, 2025Basic Shares Outstanding
221.77MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
221.77MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
-133.38MUSDFY2025 · Dec 31, 2025Minority Interests (P&L)
1.36MUSDFY2025 · Dec 31, 2025Preferred Stock Dividends
3.59MUSDFY2025 · Dec 31, 2025Operating Cash Flow
-56.38MUSDFY2025 · Dec 31, 2025Free Cash Flow
-58.42MUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
594.36MUSDFY2025 · Dec 31, 2025Income Tax Paid
10.00KUSDFY2025 · Dec 31, 2025Interest Paid
41.00KUSDFY2025 · Dec 31, 2025Starting Profit (CF Statement)
-133.38MUSDFY2025 · Dec 31, 2025Depreciation & Amortization
7.99MUSDFY2025 · Dec 31, 2025Stock-based Compensation
16.02MUSDFY2025 · Dec 31, 2025Other Non-cash Items
87.47MUSDFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-13.60MUSDFY2025 · Dec 31, 2025Change in Accounts Payable (CF)
4.46MUSDFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
-25.34MUSDFY2025 · Dec 31, 2025Capital Expenditures
-2.03MUSDFY2025 · Dec 31, 2025Net Intangibles (CF)
-105.00KUSDFY2025 · Dec 31, 2025Net Acquisitions
-206.81MUSDFY2025 · Dec 31, 2025Purchase of Investments
-51.02MUSDFY2025 · Dec 31, 2025Other Investing Activity
-169.00KUSDFY2025 · Dec 31, 2025Net Investing Cash Flow
-260.03MUSDFY2025 · Dec 31, 2025Long-term Debt Issuance
1.16MUSDFY2025 · Dec 31, 2025Long-term Debt Payments
-29.00KUSDFY2025 · Dec 31, 2025Other Financing Charges
12.00KUSDFY2025 · Dec 31, 2025Net Financing Cash Flow
830.66MUSDFY2025 · Dec 31, 2025Shares Outstanding
469.06MSharesUpdated Aug 28, 2026Shares Short
230.51MSharesUpdated Aug 28, 2026Short Ratio
2.17daysvs all stocks
Short % of Shares Outstanding
40.65%vs all stocks
% Held by Insiders
1.80%vs all stocks
% Held by Institutions
58.31%vs all stocks
Total Cash (MRQ)
1.38BUSDvs all stocks (USD)
Total Cash per Share (MRQ)
2.43USDUpdated Aug 28, 2026Total Debt (MRQ)
41.10MUSDvs all stocks (USD)
Total Debt to Equity (MRQ)
0.0261xvs Communication Equipment peers
Current Ratio (MRQ)
9.85xvs Communication Equipment peers
Book Value per Share (MRQ)
2.96USDUpdated Aug 28, 2026Total Assets
1.13BUSDvs all stocks (USD)
Total Current Assets
685.90MUSDFY2025 · Dec 31, 2025Total Liabilities
661.23MUSDFY2025 · Dec 31, 2025Total Non-current Assets
446.94MUSDFY2025 · Dec 31, 2025Total Non-current Liabilities
519.40MUSDFY2025 · Dec 31, 2025Total Current Liabilities
141.82MUSDFY2025 · Dec 31, 2025Cash
550.74MUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents
550.74MUSDFY2025 · Dec 31, 2025Other Short-term Investments
21.75MUSDFY2025 · Dec 31, 2025Accounts Receivable
22.36MUSDFY2025 · Dec 31, 2025Inventory
21.96MUSDFY2025 · Dec 31, 2025Accounts Payable
13.87MUSDFY2025 · Dec 31, 2025Short-term Debt
11.73MUSDFY2025 · Dec 31, 2025Deferred Revenue
10.32MUSDFY2025 · Dec 31, 2025Long-term Debt
3.83MUSDFY2025 · Dec 31, 2025Other Non-current Liabilities
10.24MUSDFY2025 · Dec 31, 2025Common Stock (Book)
38.00KUSDFY2025 · Dec 31, 2025Retained Earnings
-368.39MUSDFY2025 · Dec 31, 2025Total Shareholders' Equity
471.62MUSDvs all stocks (USD)
52-Week Low
4.90USDUpdated Aug 28, 202652-Week High
15.28USDUpdated Aug 28, 202652-Week Change
49.32%vs all stocks
Beta
2.75xvs all stocks
50-Day MA
8.15USDUpdated Aug 28, 2026200-Day MA
9.47USDUpdated Aug 28, 2026Avg 10-Day Volume
59.27MSharesUpdated Aug 28, 2026Avg 30-Day Volume
89.97MSharesUpdated Aug 28, 2026Diluted EPS (TTM)
-0.0300USDUpdated Aug 28, 2026Other Income / Expense
-77.05MUSDFY2025 · Dec 31, 20254 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsIs this company financially stable?
Cash Elevated Relative to Current Liabilities and Total Assets
Its cash covers more of its near-term bills than in its industry, and is a large share of everything it owns.
Reads
Liquidity Ratios Elevated
It can cover near-term bills from cash alone, not just from inventory.
Reads
Is this company growing?
Diagnostic
High R&D Share With Multi-Year Share-Count Growth and Elevated SBC
Heavy R&D and stock pay, with the share count growing across six years.
Reads
Where is this company structurally exposed?
Ulcer Index Elevated, Drawdown From Peak Significant, 20-Week Volatility Elevated
It sits well below its peak, and the fall has been both deep and long.
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Operating margin is -166.3%, lower than 95% of its Communication Equipment peers (median 5%)Significant
Operating margin: -1.66Industry median: 0.05Industry P5: -0.13Peers compared: 65.00
Profit margin is 96.2%, higher than 95% of its Communication Equipment peers (median 3.3%)Significant
Profit margin: 0.96Industry median: 0.03Industry P95: 0.22Peers compared: 65.00
Current ratio is 9.85×, higher than 95% of its Communication Equipment peers (median 1.94×)Significant
Current ratio: 9.85Industry median: 1.94Industry P95: 4.96Peers compared: 65.00
Structural Tensions
Earnings significantly exceed cash generationSignificant
Net Income (USD, TTM): 85,754,000Operating Cash Flow (USD, TTM): -161,062,000
Financial Health
Altman Z-Score 4.33: safe zoneNotable
Altman Z-Score: 4.33
Supply Chain
Midstream position: 5 outgoing, 4 incoming connectionsNotable
Outgoing: 5.00Incoming: 4.00
Scale
Market cap is $4.99B, above the global median of $1.18BNotable
Market cap (USD): 4,992,332,983Global Median: 1,179,398,897.704
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Companies that share active interpretations — structural patterns currently present in both stocks.
Eos Energy Enterprises Inc.
4 interpretationsHigh R&D Share With Multi-Year Share-Count Growth and Elevated SBCUlcer Index Elevated, Drawdown From Peak Significant, 20-Week Volatility ElevatedCash Elevated Relative to Current Liabilities and Total AssetsLiquidity Ratios Elevated
D-Wave Quantum Inc.
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Red Cat Holdings, Inc.
4 interpretationsHigh R&D Share With Multi-Year Share-Count Growth and Elevated SBCUlcer Index Elevated, Drawdown From Peak Significant, 20-Week Volatility ElevatedCash Elevated Relative to Current Liabilities and Total AssetsLiquidity Ratios Elevated