| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Product revenue, net | $61.2M+11.1% | $55.1M-7.6% | $59.7M-16.0% | $71.0M+12.5% | $63.1M+41.8% | $44.5M+27.5% | $34.9M |
| Collaboration revenue | $1.5M | — | $5.2M+177.8% | $1.9M-65.1% | $5.4M | $0 | — |
| Other revenue | $2.0M+102.3% | $1.0M-94.9% | $19.5M+630.0% | $2.7M | $0 | — | — |
| Net revenue | $63.3M+9.7% | $57.7M-31.8% | $84.5M+11.6% | $75.7M+10.1% | $68.8M+50.9% | $45.6M+24.5% | $36.6M |
| Cost of goods - (excluding amortization of acquired intangible assets) | $20.9M+0.2% | $20.9M-8.8% | $22.9M-25.6% | $30.8M-4.1% | $32.1M+119.8% | $14.6M+38.6% | $10.5M |
| Amortization of acquired intangible assets | $4.3M+24.4% | $3.4M-9.1% | $3.8M | — | — | — | — |
| Research and development | $11.9M-79.0% | $56.6M-44.3% | $101.7M-24.2% | $134.2M+18.5% | $113.2M+84.8% | $61.3M-18.6% | $75.2M |
| Research and development - licenses acquired | $252K | — | $4.3M+538.7% | $677K-95.7% | $15.6M+451.3% | $2.8M-53.5% | $6.1M |
| Selling, general and administrative | $96.4M+9.9% | $87.7M-3.6% | $91.0M-20.0% | $113.7M+30.9% | $86.8M+42.0% | $61.2M+10.0% | $55.6M |
| Loss recovery | -$4.6M | — | — | — | — | — | — |
| Asset impairment | $0-100.0% | $3.7M+17.5% | $3.1M | — | — | — | — |
| Total operating expenses | $133.5M-20.6% | $168.1M-25.9% | $226.9M-18.8% | $279.3M+8.5% | $257.3M+84.0% | $139.9M-5.1% | $147.4M |
| Loss from operations | -$70.2M+36.4% | -$110.4M+22.5% | -$142.3M+30.1% | -$203.6M-8.0% | -$188.5M-100.0% | -$94.3M+14.9% | -$110.8M |
| Other income (expense) | — | — | -$3.4M-380.1% | $1.2M | — | — | — |
| Interest income | $2.5M-7.4% | $2.7M-10.7% | $3.0M+114.8% | $1.4M+115.4% | $649K-57.2% | $1.5M-40.7% | $2.6M |
| Interest expense and financing fee | -$10.1M+25.3% | -$13.5M+11.7% | -$15.3M-12.3% | -$13.6M+10.9% | -$15.3M+0.1% | -$15.3M-29.3% | -$11.8M |
| Loss on common stock warrant liabilities | -$398K+37.6% | -$638K-114.4% | $4.4M | — | -$447K | — | — |
| Gain from deconsolidation of subsidiary | $27.1M | $0 | — | — | — | — | — |
| Other income | $17.6M+1233.7% | $1.3M+138.7% | -$3.4M-380.1% | $1.2M | — | — | — |
| Total other income (expense) | $36.7M+460.9% | -$10.2M+10.0% | -$11.3M-14.1% | -$9.9M-140.9% | $24.2M+381.9% | -$8.6M-193.7% | $9.2M |
| Loss before income tax expense | -$33.5M+72.2% | -$120.5M+21.5% | -$153.6M+28.0% | -$213.5M-29.9% | -$164.4M-59.8% | -$102.8M-1.2% | -$101.7M |
| Income tax expense (benefit) | -$620K-298.7% | $312K-40.1% | $521K+16.0% | $449K-5.1% | $473K+247.8% | $136K | $0 |
| Net loss | -$32.9M+72.8% | -$120.9M+21.6% | -$154.2M+27.9% | -$213.9M-29.8% | -$164.8M-60.0% | -$103.0M-1.3% | -$101.7M |
| Attributable to non-controlling interests | $39.7M-46.9% | $74.9M-20.0% | $93.5M-26.6% | $127.3M+27.2% | $100.1M+77.3% | $56.5M-8.5% | $61.7M |
| Net income (loss) attributable to Fortress | $6.8M+114.8% | -$46.0M+24.1% | -$60.6M+30.0% | -$86.6M-33.8% | -$64.7M-39.1% | -$46.5M-16.4% | -$40.0M |
| Preferred A dividends declared and paid and/or cumulated, and Fortress' share of subsidiary deemed dividends | -$8.7M+12.1% | -$9.9M-23.2% | -$8.0M+0.0% | -$8.0M | — | — | — |
| Net loss attributable to common stockholders | -$1.9M+96.6% | -$55.9M+18.6% | -$68.7M+27.4% | -$94.6M-46.2% | -$64.7M-39.1% | -$46.5M-16.4% | -$40.0M |
| Net loss per common share attributable to common stockholders - basic | -$0.07+97.4% | -$2.69+68.2% | -$8.47+47.0% | -$15.97-1921.5% | -$0.79 | — | — |
| Net loss per common share attributable to common stockholders - diluted | -$0.07+97.4% | -$2.69+68.2% | -$8.47+47.0% | -$15.97-1921.5% | -$0.79 | — | — |
| Weighted average common shares outstanding - basic | 27.90B+34.2% | 20.78B+156.3% | 8.11B+36.9% | 5.92B-92.7% | 81.70B | — | — |
| Weighted average common shares outstanding - diluted | 27.90B+34.2% | 20.78B+156.3% | 8.11B+36.9% | 5.92B-92.7% | 81.70B | — | — |
| Related Party | |||||||
| Revenue - related party | $41K | — | $103K-46.4% | $192K-28.4% | $268K-74.9% | $1.1M-37.5% | $1.7M |
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.