Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Total Revenue | 69.7M | 102.4M | 81.9M | 104.5M |
| Operating Revenue | 69.7M | 102.4M | 81.9M | 104.5M |
| Cost Of Revenue | 91.7M | 124.2M | 95.2M | 90.5M |
| Gross Profit | -22.0M | -21.8M | -13.3M | 14.0M |
| Selling General And Administration | 37.0M | 39.0M | 38.9M | 37.6M |
| General And Administrative Expense | 23.5M | 23.9M | 26.4M | 24.7M |
| Research And Development | 94.5M | 98.3M | 89.7M | 62.2M |
| Operating Expense | 131.5M | 137.4M | 128.7M | 101.7M |
| Operating Income | -153.5M | -159.2M | -142.0M | -87.7M |
| EBIT | -321.3M | -142.9M | -159.1M | -113.3M |
| Interest Expense | 2.1M | 1.1M | 1.3M | 1.3M |
| Interest Expense Non Operating | 2.1M | 1.1M | 1.3M | 1.3M |
| Net Interest Income | -2.2M | -1.2M | -1.5M | -1.5M |
| Other Income Expense | -167.7M | 16.4M | -16.9M | -25.3M |
| Special Income Charges | -181.8M | -4.8M | -3.4M | -2.6M |
| Restructuring And Mergern Acquisition | 17.0M | 2.3M | 3.3M | 2.3M |
| Write Off | 12.8M | 1.5M | 73,000 | 54,000 |
| Gain On Sale Of Security | 19.0M | 31.3M | -1.8M | -6.6M |
| Earnings From Equity Interest | -4.9M | -10.1M | -11.6M | -16.1M |
| Pretax Income | -323.4M | -144.1M | -160.3M | -114.6M |
| Tax Provision | 121,000 | 158,000 | 42,000 | -216,000 |
| Tax Effect Of Unusual Items | -24.4M | 10.6M | -1.4M | -17,348 |
| Net Income From Continuing And Discontinued Operation | -324.2M | -177.7M | -173.5M | -114.2M |
| Net Income From Continuing Operation Net Minority Interest | -323.5M | -144.2M | -160.4M | -114.4M |
| Net Income Including Noncontrolling Interests | -324.2M | -177.7M | -173.5M | -114.2M |
| Net Income Common Stockholders | -324.2M | -177.7M | -173.5M | -114.2M |
| Net Income | -324.2M | -177.7M | -173.5M | -114.2M |
| EBITDA | -309.3M | -129.4M | -145.3M | -103.6M |
| Normalized EBITDA | -146.5M | -155.9M | -140.0M | -94.4M |
| Reconciled Depreciation | 12.0M | 13.5M | 13.8M | 9.8M |
| Basic EPS | -1.08 | -0.59 | -0.58 | -0.39 |
| Diluted EPS | -1.08 | -0.59 | -0.58 | -0.39 |
| Basic Average Shares | 299.3M | 298.7M | 299.1M | 295.3M |
| Diluted Average Shares | 299.3M | 298.7M | 299.1M | 295.3M |
| Total Unusual Items | -162.8M | 26.5M | -5.2M | -9.2M |
| Total Unusual Items Excluding Goodwill | -162.8M | 26.5M | -5.2M | -9.2M |
| Tax Rate For Calcs | 0.15 | 0.40 | 0.26 | 0.00 |
| Normalized Income | -185.1M | -160.1M | -156.5M | -105.2M |
| Diluted NI Availto Com Stockholders | -324.2M | -177.7M | -173.5M | -114.2M |
| Impairment Of Capital Assets | 152.0M | 967,000 | 7,000 | 263,000 |
| Net Income Continuous Operations | -323.5M | -144.2M | -160.4M | -114.4M |
| Net Income Discontinuous Operations | -715,000 | -33.5M | -13.1M | 164,000 |
| Net Non Operating Interest Income Expense | -2.2M | -1.2M | -1.5M | -1.5M |
| Other Gand A | 23.5M | 23.9M | 26.4M | 24.7M |
| Other Taxes | 0.00 | 100,000 | 100,000 | 1.9M |
| Reconciled Cost Of Revenue | 91.7M | 124.2M | 95.2M | 90.5M |
| Salaries And Wages | -- | 109,000 | 189,000 | 251,000 |
| Selling And Marketing Expense | 13.5M | 15.1M | 12.5M | 12.9M |
| Total Expenses | 223.2M | 261.6M | 223.9M | 192.2M |
| Total Operating Income As Reported | -183.3M | -162.9M | -145.3M | -88.1M |
| Total Other Finance Cost | 20,000 | 109,000 | 189,000 | 251,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 603.9M | 751.1M | 913.7M | 1.1B |
| Cash Cash Equivalents And Short Term Investments | 606.1M | 753.2M | 915.7M | 1.1B |
| Other Short Term Investments | 2.1M | 2.1M | 2.0M | 3.0M |
| Accounts Receivable | 24.2M | 37.5M | 25.8M | 19.4M |
| Receivables | 32.0M | 58.6M | 48.7M | 46.4M |
| Inventory | 56.4M | 45.9M | 58.0M | 51.5M |
| Prepaid Assets | -- | -- | 6.0M | 4.4M |
| Other Current Assets | 4.4M | 7.1M | 6.0M | 4.4M |
| Current Assets | 698.9M | 864.7M | 1.0B | 1.2B |
| Gross PPE | 225.1M | 203.2M | 157.7M | 122.8M |
| Accumulated Depreciation | -194.6M | -86.9M | -75.3M | -66.8M |
| Net PPE | 30.4M | 116.3M | 82.4M | 56.1M |
| Goodwill | 0.00 | 40.3M | 64.3M | 64.3M |
| Goodwill And Other Intangible Assets | 1.8M | 41.7M | 69.5M | 85.1M |
| Other Intangible Assets | 1.8M | 1.4M | 5.2M | 20.8M |
| Investments And Advances | 45.8M | 54.2M | 66.4M | 70.3M |
| Long Term Equity Investment | 8.2M | 13.9M | 24.0M | 70.3M |
| Other Non Current Assets | 495,000 | 547,000 | 370,000 | 348,000 |
| Total Non Current Assets | 78.4M | 212.8M | 218.6M | 211.8M |
| Total Assets | 777.3M | 1.1B | 1.2B | 1.4B |
| Current Debt And Capital Lease Obligation | 2.9M | 4.5M | 3.9M | 3.2M |
| Accounts Payable | 12.3M | 13.7M | 20.4M | 13.7M |
| Payables | 30.1M | 34.1M | 34.3M | 30.4M |
| Payables And Accrued Expenses | 30.1M | 34.1M | 34.3M | 30.4M |
| Current Deferred Revenue | 6.6M | 4.6M | 8.0M | 12.1M |
| Other Current Liabilities | 5.6M | 5.6M | 6.1M | 9.1M |
| Current Liabilities | 75.6M | 70.6M | 73.2M | 83.2M |
| Long Term Debt And Capital Lease Obligation | 21.0M | 13.4M | 11.8M | 13.9M |
| Long Term Capital Lease Obligation | 21.0M | 13.4M | 11.8M | 13.9M |
| Other Non Current Liabilities | 2.6M | 2.3M | 2.3M | 8.9M |
| Total Non Current Liabilities Net Minority Interest | 28.7M | 15.7M | 15.0M | 29.6M |
| Total Liabilities Net Minority Interest | 104.3M | 86.3M | 88.2M | 112.7M |
| Common Stock | 2.4B | 2.4B | 2.4B | 2.4B |
| Capital Stock | 2.4B | 2.4B | 2.4B | 2.4B |
| Additional Paid In Capital | 310.0M | 306.0M | 300.8M | 297.8M |
| Retained Earnings | -2.1B | -1.7B | -1.6B | -1.4B |
| Gains Losses Not Affecting Retained Earnings | -4.8M | -3.0M | -1.5M | 1.7M |
| Common Stock Equity | 673.0M | 991.2M | 1.2B | 1.3B |
| Stockholders Equity | 673.0M | 991.2M | 1.2B | 1.3B |
| Total Equity Gross Minority Interest | 673.0M | 991.2M | 1.2B | 1.3B |
| Total Capitalization | 673.0M | 991.2M | 1.2B | 1.3B |
| Net Tangible Assets | 671.2M | 949.5M | 1.1B | 1.2B |
| Tangible Book Value | 671.2M | 949.5M | 1.1B | 1.2B |
| Working Capital | 623.3M | 794.2M | 955.3M | 1.1B |
| Invested Capital | 673.0M | 991.2M | 1.2B | 1.3B |
| Total Debt | 23.9M | 17.9M | 15.7M | 17.1M |
| Share Issued | 299.4M | 298.9M | 298.4M | 297.7M |
| Ordinary Shares Number | 299.4M | 298.9M | 298.4M | 297.7M |
| Allowance For Doubtful Accounts Receivable | -5.3M | -1.7M | -- | -- |
| Buildings And Improvements | 0.00 | 936,000 | 0.00 | -- |
| Capital Lease Obligations | 23.9M | 17.9M | 15.7M | 17.1M |
| Current Capital Lease Obligation | 2.9M | 4.5M | 3.9M | 3.2M |
| Current Deferred Liabilities | 6.6M | 4.6M | 8.0M | 12.1M |
| Current Provisions | 30.4M | 21.8M | 20.9M | 28.3M |
| Employee Benefits | 98,000 | -475,000 | 455,000 | 1.9M |
| Finished Goods | 27.0M | 7.2M | 8.5M | 5.3M |
| Foreign Currency Translation Adjustments | -4.8M | -3.0M | -1.5M | 1.7M |
| Gross Accounts Receivable | 29.5M | 39.2M | -- | -- |
| Investmentin Financial Assets | 37.5M | 40.3M | 42.3M | -- |
| Investmentsin Associatesat Cost | 8.2M | 13.9M | 24.0M | 41.3M |
| Investmentsin Joint Venturesat Cost | -- | -- | 24.0M | 29.0M |
| Leases | 47.6M | 45.2M | 38.5M | 35.9M |
| Long Term Provisions | -- | -- | 1.8M | 8.9M |
| Machinery Furniture Equipment | 13.7M | 10.8M | 9.8M | 9.1M |
| Non Current Deferred Liabilities | 5.1M | 485,000 | 902,000 | 4.9M |
| Non Current Deferred Revenue | 5.1M | 485,000 | 902,000 | 1.3M |
| Non Current Deferred Taxes Liabilities | -- | -- | 0.00 | 3.6M |
| Non Current Pension And Other Postretirement Benefit Plans | 98,000 | -475,000 | -- | -- |
| Other Inventories | 7.5M | 8.6M | 3.4M | 4.0M |
| Other Payable | 17.1M | 19.2M | 13.2M | 15.8M |
| Other Properties | 163.8M | 146.3M | 109.4M | 77.8M |
| Other Receivables | 7.8M | 21.1M | 22.9M | 27.0M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 15.3M | 15.1M | 29.0M | 22.4M |
| Total Tax Payable | 647,000 | 1.1M | 586,000 | 906,000 |
| Work In Process | 6.6M | 15.0M | 17.2M | 19.8M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -108.1M | -104.6M | -132.2M | -80.5M |
| Cash Flow From Continuing Operating Activities | -108.1M | -104.6M | -132.2M | -80.5M |
| Depreciation And Amortization | 12.0M | 13.5M | 13.8M | 9.8M |
| Depreciation Amortization Depletion | 12.0M | 13.5M | 13.8M | 9.8M |
| Stock Based Compensation | 7.5M | 11.0M | 9.4M | 9.7M |
| Deferred Tax | -- | 0.00 | -3.6M | -300,000 |
| Deferred Income Tax | -- | 0.00 | -3.6M | -300,000 |
| Change In Working Capital | 5.2M | -17.1M | -17.9M | -11.6M |
| Change In Receivables | 13.3M | -12.9M | -2.9M | 9.6M |
| Change In Inventory | -16.9M | -898,000 | -11.1M | -23.0M |
| Change In Payables And Accrued Expense | 1.2M | -3.6M | -718,000 | 1.4M |
| Change In Payable | 1.2M | -3.6M | -718,000 | 1.4M |
| Change In Other Working Capital | 4.9M | 229,000 | -1.5M | 1.2M |
| Other Non Cash Items | -363,000 | 235,000 | -10.4M | 113,000 |
| Capital Expenditure | -27.6M | -41.4M | -34.5M | -14.7M |
| Purchase Of PPE | -25.8M | -41.2M | -33.9M | -13.2M |
| Net PPE Purchase And Sale | -25.8M | -41.2M | -33.9M | -13.2M |
| Purchase Of Business | -100,000 | -2.0M | -24.2M | -19.5M |
| Purchase Of Investment | -12.0M | -11.9M | -17.9M | -51.8M |
| Sale Of Investment | 0.00 | 1.0M | 1.0M | 336,000 |
| Net Investment Purchase And Sale | -12.0M | -10.9M | -16.9M | -51.4M |
| Investing Cash Flow | -36.5M | -54.3M | -75.6M | -85.6M |
| Cash Flow From Continuing Investing Activities | -36.5M | -54.3M | -75.6M | -85.6M |
| Repayment Of Debt | -3.3M | -4.0M | -3.3M | -2.8M |
| Net Issuance Payments Of Debt | -3.3M | -4.0M | -3.3M | -2.8M |
| Issuance Of Capital Stock | -- | -- | 0.00 | 527.3M |
| Net Common Stock Issuance | -- | -- | 0.00 | 527.3M |
| Financing Cash Flow | -1.5M | -3.7M | -2.4M | 526.9M |
| Cash Flow From Continuing Financing Activities | -1.5M | -3.7M | -2.4M | 526.9M |
| Effect Of Exchange Rate Changes | -1.0M | -73,000 | -31,000 | -337,000 |
| Changes In Cash | -146.1M | -162.5M | -210.1M | 360.8M |
| Beginning Cash Position | 751.1M | 913.7M | 1.1B | 763.4M |
| End Cash Position | 603.9M | 751.1M | 913.7M | 1.1B |
| Free Cash Flow | -135.7M | -145.9M | -166.7M | -95.2M |
| Asset Impairment Charge | 171.0M | 43.7M | 20.6M | 317,000 |
| Change In Prepaid Assets | 2.7M | 76,000 | -1.7M | -810,000 |
| Common Stock Issuance | -- | -- | 0.00 | 527.3M |
| Earnings Losses From Equity Investments | 4.9M | 10.1M | 11.6M | 16.1M |
| Gain Loss On Investment Securities | 1.1M | -1.3M | 862,000 | 519,000 |
| Gain Loss On Sale Of PPE | -- | 120,000 | 0.00 | -- |
| Long Term Debt Payments | -3.3M | -4.0M | -3.3M | -2.8M |
| Net Business Purchase And Sale | -100,000 | -2.0M | -24.2M | -19.5M |
| Net Income From Continuing Operations | -324.2M | -177.7M | -173.5M | -114.2M |
| Net Intangibles Purchase And Sale | -1.8M | -154,000 | -550,000 | -1.5M |
| Net Long Term Debt Issuance | -3.3M | -4.0M | -3.3M | -2.8M |
| Net Other Financing Charges | 1.5M | -- | -- | -- |
| Net Other Investing Changes | 3.2M | -- | -- | -- |
| Operating Gains Losses | 6.0M | 8.9M | 12.6M | 16.8M |
| Pension And Employee Benefit Expense | -3,000 | 40,000 | 75,000 | 123,000 |
| Proceeds From Stock Option Exercised | 308,000 | 335,000 | 916,000 | 2.4M |
| Purchase Of Intangibles | -1.8M | -154,000 | -550,000 | -1.5M |
| Unrealized Gain Loss On Investment Securities | 14.8M | 12.9M | 16.9M | 9.0M |