| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenues | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| General and administrative expense | $202.3M+34.8% | $150.1M+34.7% | $111.5M+127.1% | $49.1M | — | — | — |
| Development expense | $8.0M-3.1% | $8.3M+68.9% | $4.9M+19.3% | $4.1M | — | $0 | — |
| Depreciation and amortization expense | $12.1M-4.6% | $12.7M+101.4% | $6.3M | — | — | — | — |
| Other | $3.5M | $0 | $0 | — | — | -$18K-126.1% | $69K |
| Total operating expenses | $225.9M+32.1% | $171.1M+39.5% | $122.7M+125.2% | $54.5M+179.3% | $19.5M-11.4% | $22.0M-37.1% | $35.0M |
| Total operating loss | -$225.9M-32.1% | -$171.1M-39.5% | -$122.7M-125.2% | -$54.5M-179.3% | -$19.5M+11.4% | -$22.0M+37.1% | -$35.0M |
| Derivative (loss) gain, net | -$11.0M-101.9% | $586.5M+1409.2% | -$44.8M | $0 | — | — | — |
| Interest expense | -$170.0M-94.2% | -$87.5M-74.1% | -$50.3M | — | — | — | — |
| Loss on debt extinguishment and modification cost | -$30.1M+38.9% | -$49.3M-417.4% | -$9.5M | $0 | — | — | — |
| Other income (expense), net | $7.4M+738.9% | -$1.2M-120.6% | $5.6M+3639.7% | $151K+15000.0% | $1K+105.6% | -$18K-126.1% | $69K |
| Total other income (expense) | -$203.7M-145.4% | $448.5M+553.2% | -$99.0M-1668.6% | -$5.6M-121.0% | -$2.5M-133.0% | $7.7M+983.1% | -$870K |
| Net (loss) income | -$429.6M-254.9% | $277.4M+225.2% | -$221.6M-269.0% | -$60.1M | — | — | — |
| Less: net (loss) income attributable to non-controlling interest | -$123.2M-136.3% | $339.2M+671.2% | -$59.4M | $0 | — | — | — |
| Less: preferred stock dividends | $0 | $0-100.0% | $20.5M-15.6% | $24.3M+232.7% | -$18.3M-27.7% | -$14.3M-28.3% | -$11.2M |
| Net loss attributable to common stockholders | -$306.4M-396.2% | -$61.8M+66.2% | -$182.7M-116.6% | -$84.4M-108.8% | -$40.4M-40.3% | -$28.8M+40.7% | -$48.6M |
| Net loss per common share - basic (in usd per share) | -$1170.00-387.5% | -$240.00+74.5% | -$940.00-44.6% | -$650.00-91.2% | -$340.00 | — | — |
| Net loss per common share - diluted (in usd per share) | -$1170.00-387.5% | -$240.00+74.5% | -$940.00-44.6% | -$650.00 | — | — | — |
| Weighted average shares outstanding - basic (in shares) | 262.2M+1.4% | 258.5M+32.9% | 194.6M+49.5% | 130.1M+9.2% | 119.2M | — | — |
| Weighted average shares outstanding - diluted (in shares) | 262.2M+1.4% | 258.5M+32.9% | 194.6M+49.5% | 130.1M | — | — | — |
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.