Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 69.5B | 67.0B | 80.3B | 113.4B | 85.1B |
| Cost of Revenue | 65.8B | 63.5B | 72.6B | 96.4B | 73.6B |
| Gross Profit | 3.7B | 3.5B | 7.7B | 17.0B | 11.4B |
| Operating Expenses | |||||
| R&D Expense | 1.9B | 1.9B | 1.9B | 1.5B | 1.2B |
| SG&A Expense | — | — | — | — | — |
| General & Admin Expense | 3.2B | 3.2B | 3.9B | 3.2B | 2.2B |
| Selling & Marketing Expense | 2.0B | 2.1B | 2.7B | 2.3B | 2.4B |
| Other Expenses | — | — | — | — | — |
| Total Operating Expenses | 9.2B | 9.0B | 10.3B | 7.9B | 6.4B |
| Cost and Expenses | 75.0B | 72.5B | 82.9B | 104.3B | 80.0B |
| Operating Income (EBIT) | (6.8B) | (8.0B) | (3.8B) | 7.0B | 4.1B |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | — | — | — | — | — |
| Net Interest Income | — | — | — | — | — |
| Other Non-Op Income/Expense | — | — | — | — | — |
| Non-Operating Income (excl Interest) | — | — | — | — | — |
| EBT (Pre-Tax Income) | (7.0B) | (8.2B) | (3.7B) | 6.5B | 4.0B |
| Income Tax Expense | (891.9M) | (1.1B) | (343.5M) | 534.9M | 330.1M |
| Bottom Line | |||||
| Net Income | (6.0B) | (7.0B) | (3.4B) | 5.5B | 3.7B |
| Earnings from Cont. Ops | (6.1B) | (7.1B) | (3.3B) | 6.0B | 3.7B |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (6.0B) | (7.0B) | (3.4B) | 5.5B | 3.7B |
| Per Share | |||||
| Basic EPS | ($2.75) | ($3.24) | ($1.57) | $2.55 | $1.72 |
| Diluted EPS | ($2.75) | ($3.24) | ($1.57) | $2.42 | $1.71 |
| Revenue Per Share | $29.45 | $30.86 | $36.96 | $52.33 | $39.74 |
| Shares | |||||
| Basic Shares Outstanding | 2.4B | 2.2B | 2.2B | 2.2B | 2.1B |
| Diluted Shares Outstanding | 2.4B | 2.2B | 2.2B | 2.2B | 2.1B |
| Profitability Metrics | |||||
| EBITDA | — | (1.8B) | 1.8B | 10.2B | 6.3B |
| D&A | — | 6.2B | 5.6B | 3.2B | 2.2B |
| EBIT | — | — | — | — | — |
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 Mar 1, 2026