| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Net revenues | $275.5M-15.6% | $326.5M-4.9% | $343.4M-18.0% | $418.9M-9.8% | $464.7M+14.2% | $406.8M+36.6% | $297.9M+238.8% | $87.9M+169.9% | $32.6M |
| Cost of goods sold | $267.9M-5.9% | $284.8M-33.2% | $426.0M-3.8% | $442.7M+27.4% | $347.4M+22.1% | $284.5M+43.6% | $198.1M+181.6% | $70.4M+102.3% | $34.8M |
| Gross profit (loss) | $7.6M-81.7% | $41.7M+150.4% | -$82.7M-248.1% | -$23.7M-120.2% | $117.3M-4.1% | $122.3M+22.6% | $99.8M+467.6% | $17.6M+902.1% | -$2.2M |
| Research and development expenses | $23.2M-17.5% | $28.1M-28.8% | $39.5M-36.5% | $62.3M-7.0% | $66.9M+112.3% | $31.5M+52.7% | $20.6M+115.4% | $9.6M+67.5% | $5.7M |
| Selling, general and administrative expenses | $217.8M+28.3% | $169.7M-16.7% | $203.7M-14.9% | $239.5M+14.3% | $209.5M+56.7% | $133.7M+78.9% | $74.7M+116.8% | $34.5M+101.0% | $17.1M |
| Loss on write-down of assets held for sale | $49.0M | $0-100.0% | $16.6M | — | — | — | — | — | — |
| Loss from impairment of long-lived assets | $51.3M | $0 | $0 | — | — | — | — | — | — |
| Restructuring expenses | $0 | $0+100.0% | -$631K-103.7% | $17.3M+9.3% | $15.8M+145.6% | $6.4M+32.1% | $4.9M+221.4% | $1.5M-56.8% | $3.5M |
| Total operating expenses | $341.3M+72.5% | $197.8M-23.7% | $259.2M-18.7% | $319.0M+9.2% | $292.2M+70.3% | $171.6M+71.2% | $100.2M+120.0% | $45.6M+72.8% | $26.4M |
| Loss from operations | -$333.6M-113.7% | -$156.1M+54.3% | -$341.9M+0.3% | -$342.8M-95.9% | -$174.9M-254.5% | -$49.3M-9991.0% | -$489K+98.3% | -$28.0M+2.0% | -$28.6M |
| Interest expense | -$14.0M-242.4% | -$4.1M-3.6% | -$4.0M+0.3% | -$4.0M-8.7% | -$3.6M-41.6% | -$2.6M+16.1% | -$3.1M-172.3% | -$1.1M-12.6% | -$1.0M |
| Remeasurement of warrant liability | $15.1M | $0 | $0 | — | — | — | -$12.5M-1016.3% | -$1.1M-190.9% | -$385K |
| Remeasurement of derivative liability | -$12.3M | $0 | $0 | — | — | — | — | — | — |
| Gain on debt restructuring, net of exchange fees | $548.7M | $0 | $0 | — | — | — | — | — | — |
| Other, net | $15.3M+153210.0% | -$10K-100.1% | $11.6M+2865.7% | -$420K+13.8% | -$487K+35.8% | -$759K-120.9% | $3.6M+931.0% | $352K+182.4% | -$427K |
| Total other income (expense), net | $552.7M+13558.1% | -$4.1M-153.6% | $7.7M+274.7% | -$4.4M-6.1% | -$4.1M-24.0% | -$3.3M+72.1% | -$11.9M-530.0% | -$1.9M-4.5% | -$1.8M |
| Income (loss) before taxes | $219.1M+236.7% | -$160.2M+52.1% | -$334.2M+3.7% | -$347.2M-93.9% | -$179.1M-239.9% | -$52.7M-323.7% | -$12.4M | — | — |
| Income tax (benefit) expense | $0+100.0% | -$26K-620.0% | $5K-84.4% | $32K-46.7% | $60K-16.7% | $72K+700.0% | $9K+800.0% | $1K-80.0% | $5K |
| Equity in losses of unconsolidated joint venture | $78K+6.8% | $73K-98.1% | $3.9M-79.4% | $18.9M+536.5% | $3.0M | $0 | $0 | — | — |
| Net income (loss) | $219.0M+236.7% | -$160.3M+52.6% | -$338.1M+7.6% | -$366.1M-101.1% | -$182.1M-245.2% | -$52.8M-323.9% | -$12.4M+58.4% | -$29.9M+1.6% | -$30.4M |
| Less: Earnings allocated to participating securities | -$41.0M | $0 | $0 | — | — | — | — | — | — |
| Net income (loss) available to common stockholders—basic (in shares) | 178.0M+211.1% | -160.3M+52.6% | -338.1M | — | — | — | — | — | — |
| Net income (loss) per share available to common stockholders—basic (in dollars per share) | $1150.00+147.3% | -$2430.00+53.8% | -$5260.00+8.5% | -$5750.00-99.7% | -$2880.00-238.8% | -$850.00-193.1% | -$290.00 | — | — |
| Weighted average common shares outstanding—Basic (in shares) | 155.27B+135.2% | 66.00B+2.7% | 64.30B+1.1% | 63.62B+0.7% | 63.17B+1.4% | 62.29B+47.3% | 42.27B | — | — |
| Net loss per share available to common stockholders—diluted (in dollars per share) | -$1830.00+24.7% | -$2430.00+53.8% | -$5260.00+8.5% | -$5750.00-99.7% | -$2880.00-238.8% | -$850.00-193.1% | -$290.00 | — | — |
| Weighted average common shares outstanding—diluted (in shares) | 180.92B+174.1% | 66.00B+2.7% | 64.30B+1.1% | 63.62B+0.7% | 63.17B+1.4% | 62.29B+47.3% | 42.27B | — | — |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.