-
Revenue
$-990.73M
Net Income
-
Gross Margin
-
Op. Margin
$-7.43B
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|---|
| Total Revenue | - | - | - | - | - | - | - |
| Revenue Growth % (YoY) | nan% | nan% | nan% | nan% | nan% | nan% | nan% |
| Operating Expenses | $45.78M | $71.96M | $56.27M | $51.92M | $44.27M | $49.16M | $39.53M |
| Research & Development | $3.57M | $2.88M | $1.25M | $307.00K | $956.00K | $2.39M | $2.41M |
| Operating Income | $-45.78M | $-71.96M | $-56.27M | $-51.92M | $-44.27M | $-49.16M | $-39.53M |
| Operating Margin % | nan% | nan% | nan% | nan% | nan% | nan% | nan% |
| Interest Expense | $75.34M | $38.63M | $28.83M | $27.20M | $20.12M | $15.90M | $26.03M |
| Other Income/Expense | $6.40M | $-20.00K | $-1.53M | $2.59M | $-758.00K | $1.72M | $-1.07M |
| Net Income | $70.98M | $-500.62M | $-315.86M | $-245.23M | $481.44M | $-204.00M | $189.08M |
| Net Margin % | nan% | nan% | nan% | nan% | nan% | nan% | nan% |
| Basic EPS | nan | -0.42 | -0.23 | -0.34 | nan | -0.47 | -0.13 |
| Diluted EPS | nan | -0.42 | -0.23 | -0.34 | nan | -0.47 | -0.13 |
| Basic Shares Outstanding | - | 262.6M | 260.9M | 260.4M | - | 259.4M | 257.8M |
| Diluted Shares Outstanding | - | 262.6M | 260.9M | 260.4M | - | 259.4M | 257.8M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $143.78M | $209.40M | $158.54M | $130.94M | $148.14M | $38.23M | $38.14M |
| Other Current Assets | $10.96M | $10.46M | $6.70M | $4.37M | $19.81M | $1.32M | $2.10M |
| Total Current Assets | $718.05M | $764.82M | $476.85M | $404.79M | $412.57M | $271.37M | $224.06M |
| Property Plant & Equipment | $10.57B | $8.47B | $6.59B | $5.70B | $5.02B | $4.33B | $3.73B |
| Other Non-current Assets | $21.65M | $36.35M | $49.31M | $25.00M | $15.56M | $15.56M | $15.56M |
| Total Assets | $12.43B | $10.01B | $7.86B | $6.89B | $6.40B | $5.12B | $4.76B |
| Accounts Payable | $443.95M | $428.86M | $311.70M | $256.76M | $244.64M | $224.36M | $131.80M |
| Accrued Liabilities | $888.20M | $761.82M | $369.19M | $216.07M | $347.56M | $331.03M | $364.91M |
| Total Current Liabilities | $1.34B | $1.19B | $683.88M | $475.68M | $595.08M | $558.27M | $499.56M |
| Long-term Debt | $8.83B | $6.61B | $5.17B | $4.55B | $3.92B | $3.32B | $2.83B |
| Other Non-current Liabilities | - | - | - | - | - | - | - |
| Total Liabilities | $10.12B | $8.03B | $6.00B | $5.17B | $4.66B | $4.08B | $3.48B |
| Retained Earnings | $-759.96M | $-712.68M | $-603.20M | $-542.33M | $-453.52M | $-519.20M | $-396.00M |
| Treasury Stock | $37.86M | $36.48M | $21.01M | $20.96M | $20.92M | $20.79M | $14.37M |
| Total Stockholders Equity | $95.34M | $154.49M | $260.48M | $302.48M | $377.64M | $669.79M | $632.96M |
| Total Liabilities & Equity | $12.43B | $10.01B | $7.86B | $6.89B | $6.40B | $5.12B | $4.76B |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|---|
| Net Income | $70.98M | $-500.62M | $-315.86M | $-245.23M | $481.44M | $-204.00M | $189.08M |
| Depreciation & Amortization | $3.02M | $2.98M | $6.12M | $3.15M | $3.21M | - | - |
| Stock-based Compensation | $12.33M | $26.88M | $13.83M | $6.60M | $6.08M | $13.83M | $8.85M |
| Change in Payables | $-11.17M | $13.34M | $2.88M | $2.07M | $-5.48M | $3.26M | $2.31M |
| Operating Cash Flow | $-20.66M | $-148.74M | $-72.72M | $-68.83M | $-8.90M | $-86.68M | $-22.84M |
| Capital Expenditure | $1.99B | $2.86B | $1.50B | $769.97M | $694.61M | $1.87B | $1.37B |
| Investing Cash Flow | $-1.97B | $-2.88B | $-1.53B | $-779.41M | $-694.61M | $-1.88B | $-1.37B |
| Debt Repayment | - | - | - | - | $56.24M | $1.28B | $1.28B |
| Stock Issued | - | - | - | - | - | - | - |
| Stock Repurchased | $1.38M | $15.56M | $91.00K | $49.00K | $125.00K | $6.58M | $153.00K |
| Financing Cash Flow | $1.96B | $3.38B | $1.67B | $841.62M | $830.47M | $1.94B | $1.31B |
| Net Change in Cash | $-37.59M | $351.91M | $64.28M | $-6.61M | $126.96M | $-28.68M | $-91.40M |
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing
Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | - | - | - | - |
| Operating Expenses | $71.96M | $49.16M | $180.15M | $126.81M |
| Research & Development | $2.88M | $2.39M | $4.44M | $7.30M |
| Operating Income | $-71.96M | $-49.16M | $-180.15M | $-126.81M |
| Interest Expense | $38.63M | $15.90M | $94.67M | $67.41M |
| Other Income/Expense | $-20.00K | $1.72M | $1.04M | $-408.00K |
| Net Income | $-184.76M | $-393.07M | $-500.62M | $-204.00M |
| Basic EPS | -0.42 | -0.47 | -0.99 | -0.49 |
| Diluted EPS | -0.42 | -0.47 | -0.99 | -0.49 |
| Basic Shares Outstanding | $262.58M | $259.38M | $261.30M | $257.98M |
| Diluted Shares Outstanding | $262.58M | $259.38M | $261.30M | $257.98M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $209.40M | $148.14M |
| Other Current Assets | $10.46M | $2.94M |
| Total Current Assets | $764.82M | $412.57M |
| Property Plant & Equipment | $8.47B | $5.02B |
| Other Non-current Assets | $36.35M | $15.56M |
| Total Assets | $10.01B | $6.40B |
| Accounts Payable | $428.86M | $244.64M |
| Accrued Liabilities | $761.82M | $347.56M |
| Total Current Liabilities | $1.19B | $595.08M |
| Long-term Debt | $6.61B | $3.92B |
| Total Liabilities | $8.03B | $4.66B |
| Retained Earnings | $-712.68M | $-453.52M |
| Treasury Stock | $36.48M | $20.92M |
| Total Stockholders Equity | $154.49M | $377.64M |
| Total Liabilities & Equity | $10.01B | $6.40B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-184.76M | $-393.07M | $-500.62M | $-204.00M |
| Depreciation & Amortization | $2.98M | $3.17M | $9.10M | $9.50M |
| Stock-based Compensation | - | - | $26.88M | $13.83M |
| Change in Payables | - | - | $13.34M | $3.26M |
| Operating Cash Flow | - | - | $-148.74M | $-86.68M |
| Capital Expenditure | - | - | $2.86B | $1.87B |
| Investing Cash Flow | - | - | $-2.88B | $-1.88B |
| Debt Repayment | - | - | - | $1.28B |
| Stock Repurchased | - | - | $15.56M | $6.58M |
| Financing Cash Flow | - | - | $3.38B | $1.94B |
| Net Change in Cash | - | - | $351.91M | $-28.68M |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.