Income statement
| Metric | TTM | 2026 | 2025 | 2024 | 2023 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 2.5B | 2.5B | 1.3B | 840.9M | 766.0M |
| Cost of Revenue | 1.4B | 1.4B | 655.0M | 456.3M | 386.0M |
| Gross Profit | 1.1B | 1.1B | 600.0M | 384.5M | 380.0M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 954.6M | 1.2B | 527.4M | 253.6M | 254.2M |
| General & Admin Expense | 449.7M | — | 198.8M | 156.9M | 142.2M |
| Selling & Marketing Expense | 171.3M | — | 328.6M | 96.7M | 112.0M |
| Other Expenses | 344.3M | — | (487.4M) | 152.9M | 134.4M |
| Total Operating Expenses | 1.3B | 1.2B | 40.0M | 406.5M | 388.7M |
| Cost and Expenses | 2.7B | 2.6B | 695.0M | 862.8M | 774.7M |
| Operating Income (EBIT) | (150.1M) | (139.2M) | 560.0M | (22.0M) | (8.7M) |
| Non-Operating | |||||
| Interest Income | 6.7M | — | — | 5.0K | 358.0K |
| Interest Expense | 10.4M | 4.2M | 5.1M | 4.8M | 2.8M |
| Net Interest Income | (3.7M) | (4.2M) | (5.1M) | (4.8M) | (2.5M) |
| Other Non-Op Income/Expense | (7.4M) | (19.7M) | (5.1M) | (4.8M) | (2.5M) |
| Non-Operating Income (excl Interest) | (9.5M) | — | (61.0M) | (12.7M) | (358.0K) |
| EBT (Pre-Tax Income) | (157.5M) | (158.8M) | 554.9M | (26.7M) | (11.1M) |
| Income Tax Expense | (2.8M) | (2.7M) | 2.6M | (1.8M) | 5.9M |
| Bottom Line | |||||
| Net Income | (167.7M) | (166.5M) | 552.3M | (24.9M) | (17.0M) |
| Earnings from Cont. Ops | (154.7M) | (156.1M) | 552.3M | (24.9M) | (17.0M) |
| Earnings from Discont. Ops | (13.0M) | (10.4M) | — | — | — |
| Bottom Line Net Income | (167.7M) | (166.5M) | 552.3M | (24.9M) | (17.0M) |
| Per Share | |||||
| Basic EPS | ($1.20) | ($1.19) | $5.53 | ($0.29) | ($0.20) |
| Diluted EPS | ($1.20) | ($1.19) | $5.53 | ($0.29) | ($0.20) |
| Revenue Per Share | $17.83 | $17.73 | $12.58 | $9.69 | $8.85 |
| Shares | |||||
| Basic Shares Outstanding | 140.4M | 140.1M | 99.8M | 86.8M | 86.6M |
| Diluted Shares Outstanding | 140.4M | 140.1M | 99.8M | 86.8M | 86.6M |
| Profitability Metrics | |||||
| EBITDA | (84.7M) | (84.0M) | 646.4M | (4.0M) | 3.3M |
| D&A | 55.9M | 55.2M | 25.4M | 5.2M | 11.7M |
| EBIT | (140.6M) | (139.2M) | 621.0M | (9.2M) | (8.3M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026