CompanyGraph
At a glance
- Depends onUpstream position: supplies 6 industries, depends on 1
- ScaleLevered free cash flow is $44.11M, above the global median of $18.73M
- PositionDebt-to-equity is 3.37×, higher than 95% of its Other Industrial Metals & Mining peers (median 0.4×)
- Interpretations3 currently firing — 3
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Sign inThe reported statements, read against the company's own industry.
Financials view
Market Capitalization
1.08BUSDvs all stocks (USD)
Revenue (TTM)
142.49MUSDvs all stocks (USD)
Profit Margin
-19.34%vs Other Industrial Metals & Mining peers
Beta
0.6010xvs all stocks
52-Week Change
40.15%vs all stocks
Market Capitalization
1.08BUSDvs all stocks (USD)
Enterprise Value
1.34BUSDvs all stocks (USD)
Forward P/E
5.55xvs Other Industrial Metals & Mining peers
Price to Sales (TTM)
7.57xvs Other Industrial Metals & Mining peers
Price to Book (MRQ)
13.05xvs Other Industrial Metals & Mining peers
Enterprise to Revenue
9.39xvs Other Industrial Metals & Mining peers
Enterprise to EBITDA
32.20xvs Other Industrial Metals & Mining peers
Gross Margin
59.98%vs Other Industrial Metals & Mining peers
Profit Margin
-19.34%vs Other Industrial Metals & Mining peers
Operating Margin
24.63%vs Other Industrial Metals & Mining peers
Return on Assets (TTM)
4.15%vs Other Industrial Metals & Mining peers
Return on Equity (TTM)
-31.64%vs Other Industrial Metals & Mining peers
Revenue (TTM)
142.49MUSDvs all stocks (USD)
Revenue per Share (TTM)
1.28USDUpdated Sep 28, 2026Quarterly Revenue Growth
223.90%vs Other Industrial Metals & Mining peers
Gross Profit (TTM)
69.93MUSDvs all stocks (USD)
EBITDA (TTM)
41.58MUSDvs all stocks (USD)
Net Income (TTM)
-27.56MUSDvs all stocks (USD)
Quarterly Earnings Growth (YoY)
223.90%vs Other Industrial Metals & Mining peers
Operating Cash Flow (TTM)
37.80MUSDvs all stocks (USD)
Levered Free Cash Flow (TTM)
44.11MUSDvs all stocks (USD)
Trailing Annual Dividend Rate
0.00USDUpdated Sep 28, 2026Trailing Annual Dividend Yield
0.00%vs all stocks
Payout Ratio
0.00%vs Other Industrial Metals & Mining peers
Revenue
110.01MUSDFY2025 · Dec 31, 2025Cost of Goods Sold
91.59MUSDFY2025 · Dec 31, 2025Gross Profit
18.42MUSDFY2025 · Dec 31, 2025Operating Income
-12.16MUSDvs all stocks (USD)
Pre-tax Income
-34.38MUSDFY2025 · Dec 31, 2025Income Tax Expense
15.80MUSDFY2025 · Dec 31, 2025Net Income
-50.19MUSDFY2025 · Dec 31, 2025EBIT
-11.71MUSDFY2025 · Dec 31, 2025EBITDA (Income Statement)
-997.00KUSDFY2025 · Dec 31, 2025Selling, General & Administrative
19.93MUSDFY2025 · Dec 31, 2025Other Operating Expenses
5.82MUSDFY2025 · Dec 31, 2025Non-operating Interest Income
2.23MUSDFY2025 · Dec 31, 2025Non-operating Interest Expense
22.68MUSDFY2025 · Dec 31, 2025Net Income from Continuing Operations
-50.19MUSDFY2025 · Dec 31, 2025Operating Cash Flow
-768.61KUSDFY2025 · Dec 31, 2025Free Cash Flow
-15.92MUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
8.65MUSDFY2025 · Dec 31, 2025Starting Profit (CF Statement)
-69.88MUSDFY2025 · Dec 31, 2025Depreciation & Amortization
14.42MUSDFY2025 · Dec 31, 2025Deferred Taxes (CF)
22.00MUSDFY2025 · Dec 31, 2025Stock-based Compensation
2.80MUSDFY2025 · Dec 31, 2025Other Non-cash Items
3.44MUSDFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
3.27MUSDFY2025 · Dec 31, 2025Change in Accounts Payable (CF)
9.89MUSDFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
13.28MUSDFY2025 · Dec 31, 2025Capital Expenditures
-15.16MUSDFY2025 · Dec 31, 2025Other Investing Activity
-1.50MUSDFY2025 · Dec 31, 2025Net Investing Cash Flow
-16.66MUSDFY2025 · Dec 31, 2025Long-term Debt Issuance
88.28MUSDFY2025 · Dec 31, 2025Long-term Debt Payments
-134.66MUSDFY2025 · Dec 31, 2025Net Financing Cash Flow
-46.38MUSDFY2025 · Dec 31, 2025Shares Outstanding
112.12MSharesUpdated Sep 28, 2026Float Shares
61.07MSharesUpdated Sep 28, 2026Shares Short
3.65MSharesUpdated Sep 28, 2026Short Ratio
2.09daysvs all stocks
Short % of Shares Outstanding
5.63%vs all stocks
% Held by Insiders
3.31%vs all stocks
% Held by Institutions
82.35%vs all stocks
Total Cash (MRQ)
16.66MUSDvs all stocks (USD)
Total Cash per Share (MRQ)
0.1480USDUpdated Sep 28, 2026Total Debt (MRQ)
276.97MUSDvs all stocks (USD)
Total Debt to Equity (MRQ)
3.37xvs Other Industrial Metals & Mining peers
Current Ratio (MRQ)
0.3430xvs Other Industrial Metals & Mining peers
Book Value per Share (MRQ)
0.7340USDUpdated Sep 28, 2026Total Assets
409.02MUSDvs all stocks (USD)
Total Current Assets
68.57MUSDFY2025 · Dec 31, 2025Total Liabilities
330.17MUSDFY2025 · Dec 31, 2025Total Non-current Assets
340.44MUSDFY2025 · Dec 31, 2025Total Non-current Liabilities
51.03MUSDFY2025 · Dec 31, 2025Total Current Liabilities
279.14MUSDFY2025 · Dec 31, 2025Cash
8.65MUSDFY2025 · Dec 31, 2025Cash Equivalents
0.00USDFY2025 · Dec 31, 2025Cash & Cash Equivalents
8.65MUSDFY2025 · Dec 31, 2025Accounts Receivable
1.94MUSDFY2025 · Dec 31, 2025Inventory
28.82MUSDFY2025 · Dec 31, 2025Accounts Payable
68.96MUSDFY2025 · Dec 31, 2025Short-term Debt
178.99MUSDFY2025 · Dec 31, 2025Deferred Revenue
7.05MUSDFY2025 · Dec 31, 2025Other Current Liabilities
6.60MUSDFY2025 · Dec 31, 2025Long-term Debt
20.59MUSDFY2025 · Dec 31, 2025Other Non-current Liabilities
7.55MUSDFY2025 · Dec 31, 2025Common Stock (Book)
457.57MUSDFY2025 · Dec 31, 2025Retained Earnings
-385.93MUSDFY2025 · Dec 31, 2025Total Shareholders' Equity
78.85MUSDvs all stocks (USD)
52-Week Low
4.62USDUpdated Sep 28, 202652-Week High
24.48USDUpdated Sep 28, 202652-Week Change
40.15%vs all stocks
Beta
0.6010xvs all stocks
50-Day MA
10.80USDUpdated Sep 28, 2026200-Day MA
13.44USDUpdated Sep 28, 2026Avg 10-Day Volume
2.44MSharesUpdated Sep 28, 2026Avg 30-Day Volume
2.04MSharesUpdated Sep 28, 2026Diluted EPS (TTM)
-0.2400USDUpdated Sep 28, 2026Other Income / Expense
-353.00KUSDFY2025 · Dec 31, 20253 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 patternsWhere is this company structurally exposed?
Within or Near the Altman Distress Zone
Debt is a large share of its assets, and large against its cash flow.
Reads
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.
Elevated Leverage on Three Denominators
Debt sits high against its equity, its assets, and its cash flow.
Reads
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
Debt-to-equity is 3.37×, higher than 95% of its Other Industrial Metals & Mining peers (median 0.4×)Significant
Debt-to-equity: 3.37Industry median: 0.40Industry P95: 1.44Peers compared: 70.00
Price-to-book is 13.05×, higher than 95% of its Other Industrial Metals & Mining peers (median 3.02×)Significant
Price-to-book: 13.05Industry median: 3.02Industry P95: 12.29Peers compared: 70.00
Structural Tensions
High gross margins eroded by operating costsNotable
Gross Margin: 0.60Profit Margin: -0.19
Financial Health
Altman Z-Score 0.2: distress zoneCritical
Altman Z-Score: 0.20
Supply Chain
Upstream position: supplies 6 industries, depends on 1Notable
Outgoing: 6.00Incoming: 1.00
Scale
Levered free cash flow is $44.11M, above the global median of $18.73MNotable
Levered free cash flow (USD): 44,106,376Global Median: 18,729,043.027
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Companies that share active interpretations — structural patterns currently present in both stocks.
T1 Energy Inc.
3 interpretationsElevated Leverage on Three DenominatorsUlcer Index Elevated, Drawdown From Peak Significant, 20-Week Volatility ElevatedWithin or Near the Altman Distress Zone
Baota Industry Co., Ltd.
3 interpretationsElevated Leverage on Three DenominatorsUlcer Index Elevated, Drawdown From Peak Significant, 20-Week Volatility ElevatedWithin or Near the Altman Distress Zone
CPT Technology Group Co., Ltd.
3 interpretationsElevated Leverage on Three DenominatorsUlcer Index Elevated, Drawdown From Peak Significant, 20-Week Volatility ElevatedWithin or Near the Altman Distress Zone
Supply Chain
Copper Supply Chain
Follow copper from ore and concentrate through refining, fabrication, installed stock, scrap, and return. Copper supply depends on controlled chemistry, form, identity, and delayed recovery from long-lived infrastructure—not generic metal tonnage.
Lithium Supply Chain
Follow lithium from brine or rock through compounds, cathodes, cells, packs, vehicle service, and recycling. A resource, chemical assay, factory nameplate, or recovered metal does not by itself establish a safe, qualified battery.
Rare Earth Elements Supply Chain
Rare earths are not one material. Follow mixed ore through concentration, leaching, separation, oxide and metal production, permanent magnets, catalysts, polishing compounds, electronics, recycling, and waste management. Geology couples valuable magnet elements to abundant co-products, while chemical separation and specialized manufacturing determine whether a deposit becomes a qualified component. Mining alone therefore does not establish usable supply.