$16.76

+0.79 (+4.95%)

Weekly Expected Move ±10.7%

$12 $14 $15 $17 $19

NYSE · Industrials · Aerospace & Defense · Alpha Radar Sell · Power 39 · $3.7B mcap · 117M float · 1.44% daily turnover · Short 51% of daily vol

Revenue

$36M +136.0% ▲

Gross Profit

$4M +162.6% ▲

Operating Income

-$373M -36.9% ▼

Net Income

-$746M -170.6% ▼

EPS (Diluted)

$-4.20 -206.6% ▼

EBITDA

-$351M -41.8% ▼

View Full Income Statement

Line Item	FY2023	FY2024	FY2025
Revenue	$15M	$15M	$36M
YoY Growth	+0.0%	-1.7%	+136.0%
Cost of Revenue	$11M	$21M	$32M
Gross Profit	$5M	-$6M	$4M
Gross Margin	30.7%	-39.0%	10.4%
R&D Expenses	$138M	$207M	$260M
SG&A Expenses	$53M	$59M	$116M
Operating Expenses	$191M	$266M	$376M
Operating Income	-$187M	-$272M	-$373M
Operating Margin	-1214.9%	-1803.7%	-1046.3%
Interest Expense	$352K	$11M	$13M
Income Before Tax	-$175M	-$275M	-$745M
Tax Expense	$1M	$514K	$756K
Net Income	-$176M	-$276M	-$746M
Net Margin	-1143.2%	-1826.4%	-2094.2%
EPS (Diluted)	$-0.90	$-1.37	$-4.20
EBITDA	-$166M	-$247M	-$351M
Shares Outstanding	224M	224M	229M

Line Item	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1
Revenue	$4M	$8M	$8M	$9M	$11M	$10M
Cost of Revenue	$6M	$1M	$1M	$3M	$4M	$10M
Gross Profit	-$2M	$6M	$6M	$6M	$7M	-$319K
Gross Margin	-43.6%	81.2%	81.2%	69.3%	62.0%	-3.1%
R&D Expenses	$61M	$58M	$58M	$56M	$89M	$92M
SG&A Expenses	$18M	$27M	$27M	$30M	$52M	$41M
Operating Expenses	$74M	$85M	$85M	$87M	$142M	$133M
Operating Income	-$76M	-$79M	-$79M	-$81M	-$135M	-$133M
Operating Margin	-1713.4%	-1010.8%	-1010.8%	-903.5%	-1210.4%	-1312.1%
Interest Expense	$3M	$0	$0	$3M	$4M	$4M
Income Before Tax	-$76M	-$79M	-$79M	-$437M	-$150M	-$122M
Tax Expense	$268K	$164K	$164K	$253K	$176K	$216K
Net Income	-$76M	-$79M	-$79M	-$437M	-$150M	-$122M
Net Margin	-1722.8%	-1019.6%	-1019.6%	-4902.6%	-1347.0%	-1207.0%
EPS (Diluted)	$-0.39	$-2.00	$-2.00	$-1.97	$-1.43	$-0.53
EBITDA	-$68M	-$73M	-$73M	-$428M	-$140M	-$127M
Shares Outstanding	224M	46M	46M	229M	229M	231M

BETA NYSE