| Income Statement (Quarterly) | 2026-04-08 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenue | 41,915,000 | 41,915,000 | 20,957,500 | 22,207,500 |
| Cost of Revenue | 30,719,000 | 30,719,000 | 15,359,500 | 18,413,000 |
| Gross Profit | 11,196,000 | 11,196,000 | 5,598,000 | 3,794,500 |
| Operating Expenses | ||||
| R&D Expenses | 0 | 0 | 0 | 0 |
| SG&A Expenses | 30,666,000 | 30,666,000 | 15,333,000 | 47,879,000 |
| Operating Expenses | 30,666,000 | 30,666,000 | 15,333,000 | 47,879,000 |
| Operating Income | -19,470,000 | -19,470,000 | -9,735,000 | -44,084,500 |
| Interest Expense | 0 | 2,683,000 | 0 | 0 |
| Income Before Tax | -30,353,000 | -30,353,000 | -15,176,500 | 1,834,000 |
| Income Tax Expense | 0 | 0 | 0 | 33,000 |
| Net Income | -28,886,000 | -28,886,000 | -14,443,000 | 2,327,500 |
| Per Share | ||||
| EPS | -0.01 | -0.01 | 0.00 | 0.00 |
| EPS Diluted | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Statement (Annual) | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Revenue | 119,507,000 | 187,975,000 | 132,013,000 | 502,932,000 | 606,363,000 |
| Cost of Revenue | 91,657,000 | 118,511,000 | 130,013,000 | 403,276,000 | 547,597,000 |
| Gross Profit | 27,850,000 | 69,464,000 | 2,000,000 | 99,656,000 | 58,766,000 |
| Operating Expenses | |||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 78,748,000 | 113,653,000 | 187,184,000 | 180,487,000 | 196,994,000 |
| Operating Expenses | 139,574,000 | 146,241,000 | 201,938,000 | 185,531,000 | 180,077,000 |
| Operating Income | -111,724,000 | -76,777,000 | -212,106,000 | -85,875,000 | -121,311,000 |
| Interest Expense | 19,891,000 | 13,989,000 | 7,501,000 | 22,468,000 | 17,590,000 |
| Income Before Tax | -88,643,000 | -26,130,000 | -203,418,000 | -120,286,000 | -87,840,000 |
| Income Tax Expense | 66,000 | -68,000 | -832,000 | 3,116,000 | 2,890,000 |
| Net Income | -87,656,000 | -24,728,000 | -202,586,000 | -121,508,000 | -91,192,000 |
| Per Share | |||||
| EPS | -0.03 | -0.01 | -0.14 | -0.13 | -0.10 |
| EPS Diluted | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Balance Sheet (Quarterly) | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Cash and Cash Equivalents | 3,999,000 | 4,753,000 | 7,590,000 | 13,485,000 |
| Short Term Investments | 0 | 10,204,000 | 52,314,000 | 0 |
| Net Receivables | 16,734,000 | 17,412,000 | 33,142,000 | 0 |
| Inventory | 19,031,000 | 26,917,000 | 25,411,000 | 83,177,000 |
| Total Current Assets | 172,960,000 | 240,945,000 | 316,743,000 | 366,173,000 |
| Property Plant Equipment | 24,390,000 | 41,430,000 | 50,161,000 | 8,709,000 |
| Goodwill and Intangibles | 0 | 0 | 0 | 0 |
| Total Assets | 197,350,000 | 283,979,000 | 366,904,000 | 374,882,000 |
| Liabilities | ||||
| Account Payables | 28,872,000 | 46,073,000 | 143,936,000 | 179,145,000 |
| Short Term Debt | 238,156,000 | 156,762,000 | 115,860,000 | 147,625,000 |
| Total Current Liabilities | 359,235,000 | 351,969,000 | 436,971,000 | 414,049,000 |
| Long Term Debt | 72,839,000 | 84,541,000 | 61,392,000 | 11,970,000 |
| Total Liabilities | 432,074,000 | 436,510,000 | 498,363,000 | 426,053,000 |
| Shareholders Equity | ||||
| Retained Earnings | 0 | -468,941,000 | -383,685,000 | 0 |
| Total Shareholders Equity | -233,794,000 | -146,250,000 | -127,022,000 | -49,541,000 |
| Balance Sheet (Annual) | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Assets | |||||
| Cash and Cash Equivalents | 3,999,000 | 4,753,000 | 7,590,000 | 13,485,000 | 35,969,000 |
| Short Term Investments | 0 | 10,204,000 | 52,314,000 | 0 | 0 |
| Net Receivables | 16,734,000 | 17,412,000 | 33,142,000 | 0 | 0 |
| Inventory | 19,031,000 | 26,917,000 | 25,411,000 | 83,177,000 | 171,229,000 |
| Total Current Assets | 172,960,000 | 240,945,000 | 316,743,000 | 366,173,000 | 616,945,000 |
| Property Plant Equipment | 24,390,000 | 41,430,000 | 50,161,000 | 8,709,000 | 55,765,000 |
| Goodwill and Intangibles | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 197,350,000 | 283,979,000 | 366,904,000 | 374,882,000 | 676,852,000 |
| Liabilities | |||||
| Account Payables | 28,872,000 | 46,073,000 | 143,936,000 | 179,145,000 | 265,237,000 |
| Short Term Debt | 238,156,000 | 156,762,000 | 115,860,000 | 147,625,000 | 196,349,000 |
| Total Current Liabilities | 359,235,000 | 351,969,000 | 436,971,000 | 414,049,000 | 578,352,000 |
| Long Term Debt | 72,839,000 | 84,541,000 | 61,392,000 | 11,970,000 | 21,634,000 |
| Total Liabilities | 432,074,000 | 436,510,000 | 498,363,000 | 426,053,000 | 600,109,000 |
| Shareholders Equity | |||||
| Retained Earnings | 0 | -468,941,000 | -383,685,000 | 0 | -123,026,000 |
| Total Shareholders Equity | -233,794,000 | -146,250,000 | -127,022,000 | -49,541,000 | 76,743,000 |
| Cash Flow Statement (Quarterly) | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | -88,643,000 | -26,130,000 | -203,418,000 | -121,508,000 |
| Depreciation & Amortization | 23,663,000 | 30,036,000 | 14,295,000 | 11,712,000 |
| Stock Based Compensation | 892,000 | 498,000 | 0 | 0 |
| Change in Working Capital | -10,684,000 | 40,144,000 | 12,955,000 | 191,595,000 |
| Operating Cash Flow | -38,747,000 | -15,512,000 | -141,553,000 | 76,906,000 |
| Investing Activities | ||||
| Capital Expenditure | -836,000 | -3,994,000 | -12,590,000 | -2,514,000 |
| Investments | -836,000 | -3,994,000 | -12,590,000 | -2,514,000 |
| Investing Cash Flow | -347,000 | -15,261,000 | 7,896,000 | -1,102,000 |
| Financing Activities | ||||
| Debt Repayment | 75,405,000 | 43,634,000 | -53,171,000 | -202,277,000 |
| Common Stock Issued/Repurchased | 0 | 0 | 119,330,000 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 38,399,000 | 19,020,000 | 122,792,000 | -96,659,000 |
| Summary | ||||
| Free Cash Flow | -39,583,000 | -19,506,000 | -154,143,000 | 74,392,000 |
| Net Change in Cash | -754,000 | -2,837,000 | -5,895,000 | -22,484,000 |
| Cash Flow Statement (Annual) | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -88,643,000 | -26,130,000 | -203,418,000 | -121,508,000 | -91,192,000 |
| Depreciation & Amortization | 23,663,000 | 30,036,000 | 14,295,000 | 11,712,000 | 39,882,000 |
| Stock Based Compensation | 892,000 | 498,000 | 0 | 0 | 0 |
| Change in Working Capital | -10,684,000 | 40,144,000 | 12,955,000 | 191,595,000 | -273,000 |
| Operating Cash Flow | -38,747,000 | -15,512,000 | -141,553,000 | 76,906,000 | -46,496,000 |
| Investing Activities | |||||
| Capital Expenditure | -836,000 | -3,994,000 | -12,590,000 | -2,514,000 | -68,041,000 |
| Investments | -836,000 | -3,994,000 | -12,590,000 | -2,514,000 | -68,041,000 |
| Investing Cash Flow | -347,000 | -15,261,000 | 7,896,000 | -1,102,000 | 185,985,000 |
| Financing Activities | |||||
| Debt Repayment | 75,405,000 | 43,634,000 | -53,171,000 | -202,277,000 | -459,433,000 |
| Common Stock Issued/Repurchased | 0 | 0 | 119,330,000 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 38,399,000 | 19,020,000 | 122,792,000 | -96,659,000 | -173,280,000 |
| Summary | |||||
| Free Cash Flow | -39,583,000 | -19,506,000 | -154,143,000 | 74,392,000 | -114,537,000 |
| Net Change in Cash | -754,000 | -2,837,000 | -5,895,000 | -22,484,000 | -35,077,000 |