The reported statements, read against the company's own industry.
Financials view
Market Capitalization
2.73BUSD
vs all stocks (USD)
Updated Jul 19, 2026
Revenue (TTM)
183.99MUSD
vs all stocks (USD)
Updated Jul 19, 2026
Profit Margin
-91.84%
Updated Jul 19, 2026
Beta
2.81x
vs all stocks
Updated Jul 19, 2026
52-Week Change
-46.41%
vs all stocks
Updated Jul 19, 2026
Market Capitalization
2.73BUSD
vs all stocks (USD)
Updated Jul 19, 2026
Enterprise Value
2.52BUSD
vs all stocks (USD)
Updated Jul 19, 2026
Forward P/E
-52.25x
Updated Jul 19, 2026
Price to Sales (TTM)
14.85x
Updated Jul 19, 2026
Price to Book (MRQ)
5.80x
Updated Jul 19, 2026
Enterprise to Revenue
13.70x
Updated Jul 19, 2026
Enterprise to EBITDA
-16.00x
Updated Jul 19, 2026
Gross Margin
31.09%
Provider-reported. Gross Profit (TTM) ÷ Revenue (TTM) on this page gives 40.59%.Updated Jul 19, 2026
Profit Margin
-91.84%
Updated Jul 19, 2026
Operating Margin
-139.30%
Updated Jul 19, 2026
Return on Assets (TTM)
-19.67%
Updated Jul 19, 2026
Return on Equity (TTM)
-39.40%
Updated Jul 19, 2026
Revenue (TTM)
183.99MUSD
vs all stocks (USD)
Updated Jul 19, 2026
Revenue per Share (TTM)
0.4460USDUpdated Jul 19, 2026
Quarterly Revenue Growth
51.70%
Updated Jul 19, 2026
Gross Profit (TTM)
74.67MUSD
vs all stocks (USD)
Updated Jul 19, 2026
EBITDA (TTM)
-157.62MUSD
vs all stocks (USD)
Updated Jul 19, 2026
Net Income (TTM)
-168.26MUSD
vs all stocks (USD)
Updated Jul 19, 2026
Quarterly Earnings Growth (YoY)
51.72%
Updated Jul 19, 2026
Operating Cash Flow (TTM)
-105.30MUSD
vs all stocks (USD)
Updated Jul 19, 2026
Levered Free Cash Flow (TTM)
-16.69MUSD
vs all stocks (USD)
Updated Jul 19, 2026
Trailing Annual Dividend Rate
0.00USDUpdated Jul 19, 2026
Trailing Annual Dividend Yield
0.00%
vs all stocks
Updated Jul 19, 2026
Payout Ratio
0.00%
Updated Jul 19, 2026
Revenue
168.92MUSDFY2025 · Dec 31, 2025
Cost of Goods Sold
97.37MUSDFY2025 · Dec 31, 2025
Gross Profit
71.55MUSDFY2025 · Dec 31, 2025
Operating Income
-186.40MUSD
vs all stocks (USD)
FY2025 · Dec 31, 2025
Pre-tax Income
-9.27MUSDFY2025 · Dec 31, 2025
Income Tax Expense
4.73MUSDFY2025 · Dec 31, 2025
Net Income
-14.01MUSDFY2025 · Dec 31, 2025
EBIT
-8.60MUSDFY2025 · Dec 31, 2025
EBITDA (Income Statement)
-139.37MUSDFY2025 · Dec 31, 2025
Research & Development
98.25MUSDFY2025 · Dec 31, 2025
Selling, General & Administrative
143.83MUSDFY2025 · Dec 31, 2025
Non-operating Interest Income
9.80MUSDFY2025 · Dec 31, 2025
Non-operating Interest Expense
670.00KUSDFY2025 · Dec 31, 2025
EPS (Basic)
-0.0300USDFY2025 · Dec 31, 2025
EPS (Diluted)
-0.2800USDFY2025 · Dec 31, 2025
Basic Shares Outstanding
405.42MSharesFY2025 · Dec 31, 2025
Diluted Shares Outstanding
405.42MSharesFY2025 · Dec 31, 2025
Net Income from Continuing Operations
-14.01MUSDFY2025 · Dec 31, 2025
Operating Cash Flow
-88.72MUSDFY2025 · Dec 31, 2025
Free Cash Flow
-89.63MUSDDerived from operating cash flow minus capital expenditure. This filing charges 37.04M of depreciation against 902K of capital expenditure, and its own free-cash-flow line reads -103.12M.FY2025 · Dec 31, 2025
Cash & Cash Equivalents (End of Period)
249.17MUSDFY2025 · Dec 31, 2025
Income Tax Paid
4.37MUSDFY2025 · Dec 31, 2025
Interest Paid
26.00KUSDFY2025 · Dec 31, 2025
Starting Profit (CF Statement)
-14.01MUSDFY2025 · Dec 31, 2025
Depreciation & Amortization
37.04MUSDFY2025 · Dec 31, 2025
Deferred Taxes (CF)
1.34MUSDFY2025 · Dec 31, 2025
Stock-based Compensation
80.62MUSDFY2025 · Dec 31, 2025
Other Non-cash Items
-159.55MUSDFY2025 · Dec 31, 2025
Change in Accounts Receivable (CF)
-23.72MUSDFY2025 · Dec 31, 2025
Change in Accounts Payable (CF)
1.93MUSDFY2025 · Dec 31, 2025
Change in Other Assets/Liabilities
-12.37MUSDFY2025 · Dec 31, 2025
Capital Expenditures
-902.00KUSDFY2025 · Dec 31, 2025
Net Acquisitions
-54.60MUSDFY2025 · Dec 31, 2025
Net Investing Cash Flow
-55.50MUSDFY2025 · Dec 31, 2025
Long-term Debt Issuance
0.00USDFY2025 · Dec 31, 2025
Long-term Debt Payments
-169.00KUSDFY2025 · Dec 31, 2025
Other Financing Charges
-4.23MUSDFY2025 · Dec 31, 2025
Net Financing Cash Flow
207.96MUSDFY2025 · Dec 31, 2025
Shares Outstanding
426.28MSharesUpdated Jul 19, 2026
Float Shares
393.21MSharesUpdated Jul 19, 2026
Shares Short
162.88MSharesUpdated Jul 19, 2026
Short Ratio
6.15days
vs all stocks
Updated Jul 19, 2026
Short % of Shares Outstanding
41.07%
vs all stocks
Provider-reported. Shares Short ÷ Shares Outstanding on this page gives 38.21%.Updated Jul 19, 2026
% Held by Insiders
1.12%
vs all stocks
Updated Jul 19, 2026
% Held by Institutions
44.63%
vs all stocks
Updated Jul 19, 2026
Total Cash (MRQ)
215.64MUSD
vs all stocks (USD)
Updated Jul 19, 2026
Total Cash per Share (MRQ)
0.4980USDUpdated Jul 19, 2026
Total Debt (MRQ)
6.23MUSD
vs all stocks (USD)
Updated Jul 19, 2026
Total Debt to Equity (MRQ)
0.0135x
Updated Jul 19, 2026
Current Ratio (MRQ)
3.94x
Updated Jul 19, 2026
Book Value per Share (MRQ)
1.08USDUpdated Jul 19, 2026
Total Assets
688.17MUSD
vs all stocks (USD)
FY2025 · Dec 31, 2025
Total Current Assets
329.13MUSDFY2025 · Dec 31, 2025
Total Liabilities
224.39MUSDFY2025 · Dec 31, 2025
Total Non-current Assets
359.04MUSDFY2025 · Dec 31, 2025
Total Non-current Liabilities
152.65MUSDFY2025 · Dec 31, 2025
Total Current Liabilities
71.74MUSDFY2025 · Dec 31, 2025
Cash & Cash Equivalents
248.49MUSDFY2025 · Dec 31, 2025
Accounts Receivable
32.34MUSDFY2025 · Dec 31, 2025
Accounts Payable
10.56MUSDFY2025 · Dec 31, 2025
Short-term Debt
2.14MUSDFY2025 · Dec 31, 2025
Deferred Revenue
24.04MUSDFY2025 · Dec 31, 2025
Other Current Liabilities
6.00MUSDFY2025 · Dec 31, 2025
Long-term Debt
2.07MUSDFY2025 · Dec 31, 2025
Other Non-current Liabilities
138.77MUSDFY2025 · Dec 31, 2025
Common Stock (Book)
40.00KUSDFY2025 · Dec 31, 2025
Retained Earnings
-957.07MUSDFY2025 · Dec 31, 2025
Total Shareholders' Equity
463.79MUSD
vs all stocks (USD)
FY2025 · Dec 31, 2025
52-Week Low
5.83USDUpdated Jul 19, 2026
52-Week High
22.17USDUpdated Jul 19, 2026
52-Week Change
-46.41%
vs all stocks
Updated Jul 19, 2026
Beta
2.81x
vs all stocks
Updated Jul 19, 2026
50-Day MA
7.55USDUpdated Jul 19, 2026
200-Day MA
10.16USDUpdated Jul 19, 2026
Avg 10-Day Volume
31.50MSharesUpdated Jul 19, 2026
Avg 30-Day Volume
27.48MSharesUpdated Jul 19, 2026
Diluted EPS (TTM)
-0.7000USDUpdated Jul 19, 2026
Other Income / Expense
168.00MUSDFY2025 · Dec 31, 2025
2 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.
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.
Financial Health
Altman Z-Score 6.01: safe zoneNotable
Altman Z-Score: 6.01
Supply Chain
Downstream position: depends on 10 industries, supplies 5Notable
Outgoing: 5.00Incoming: 10.00
High connectivity hub: 15 industry connectionsNotable
Total Connections: 15.00
Scale
Market cap is $2.73B, above the global median of $1.15BNotable
Market cap (USD): 2,731,677,108Global Median: 1,146,734,693.424
Companies that share the same coordination system — how they create, deliver, or capture value.