| Income Statement (Quarterly) | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|
| Revenue | 7,566,000 | 11,710,000 | 12,400,000 | 11,381,000 |
| Cost of Revenue | 4,315,000 | 740,000 | 6,515,000 | 9,928,000 |
| Gross Profit | 3,251,000 | 10,970,000 | 5,885,000 | 1,453,000 |
| Operating Expenses | ||||
| R&D Expenses | 0 | 0 | 0 | 0 |
| SG&A Expenses | 32,416,000 | 38,587,000 | 20,952,000 | 19,190,000 |
| Operating Expenses | 78,930,000 | 88,473,000 | 59,020,000 | 50,394,000 |
| Operating Income | -75,679,000 | -77,503,000 | -53,135,000 | -48,941,000 |
| Interest Expense | 0 | 0 | 0 | 0 |
| Income Before Tax | -32,240,000 | -201,978,000 | -52,480,000 | -37,546,000 |
| Income Tax Expense | 12,000 | 20,000 | 16,000 | 15,000 |
| Net Income | -32,252,000 | -201,998,000 | -52,496,000 | -37,561,000 |
| Per Share | ||||
| EPS | -0.14 | -0.93 | -0.24 | -0.18 |
| 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 | 43,073,000 | 22,042,000 | 11,131,000 | 2,099,000 | 0 |
| Cost of Revenue | 20,597,000 | 8,108,000 | 2,944,000 | 1,040,000 | 143,000 |
| Gross Profit | 22,476,000 | 13,934,000 | 8,187,000 | 1,059,000 | -143,000 |
| Operating Expenses | |||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 99,450,000 | 68,992,000 | 44,351,000 | 16,970,000 | 4,033,000 |
| Operating Expenses | 254,931,000 | 171,688,000 | 93,933,000 | 39,746,000 | 15,590,000 |
| Operating Income | -232,455,000 | -157,754,000 | -85,746,000 | -38,687,000 | -15,733,000 |
| Interest Expense | 0 | 0 | -37,235,000 | -4,259,000 | 0 |
| Income Before Tax | -331,588,000 | -157,723,000 | -48,511,000 | -106,186,000 | -15,424,000 |
| Income Tax Expense | 59,000 | 48,000 | -37,235,000 | 0 | 0 |
| Net Income | -331,647,000 | -157,771,000 | -48,511,000 | -106,186,000 | -15,424,000 |
| Per Share | |||||
| EPS | -1.56 | -0.78 | -0.25 | -0.77 | -0.08 |
| 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 | 54,393,000 | 35,665,000 | 44,367,000 | 399,025,000 |
| Short Term Investments | 285,896,000 | 319,776,000 | 311,430,000 | 123,443,000 |
| Net Receivables | 12,409,000 | 11,467,000 | 3,292,000 | 707,000 |
| Inventory | 18,658,000 | 12,476,000 | 1 | 0 |
| Total Current Assets | 378,802,000 | 389,989,000 | 371,628,000 | 529,617,000 |
| Property Plant Equipment | 62,231,000 | 42,128,000 | 29,767,000 | 22,902,000 |
| Goodwill and Intangibles | 39,373,000 | 15,819,000 | 9,686,000 | 5,841,000 |
| Total Assets | 508,388,000 | 555,427,000 | 597,992,000 | 642,028,000 |
| Liabilities | ||||
| Account Payables | 5,230,000 | 5,599,000 | 3,055,000 | 1,882,000 |
| Short Term Debt | 3,366,000 | 710,000 | 591,000 | 568,000 |
| Total Current Liabilities | 36,085,000 | 37,164,000 | 20,160,000 | 9,691,000 |
| Long Term Debt | 14,359,000 | 7,395,000 | 3,459,000 | 3,643,000 |
| Total Liabilities | 124,526,000 | 70,433,000 | 29,781,000 | 50,798,000 |
| Shareholders Equity | ||||
| Retained Earnings | -683,720,000 | -352,073,000 | -194,302,000 | -145,791,000 |
| Total Shareholders Equity | 383,862,000 | 484,994,000 | 568,211,000 | 591,230,000 |
| Balance Sheet (Annual) | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Assets | |||||
| Cash and Cash Equivalents | 54,393,000 | 35,665,000 | 44,367,000 | 399,025,000 | 36,120,000 |
| Short Term Investments | 285,896,000 | 319,776,000 | 311,430,000 | 123,443,000 | 0 |
| Net Receivables | 12,409,000 | 11,467,000 | 3,292,000 | 707,000 | 390,000 |
| Inventory | 18,658,000 | 12,476,000 | 1 | 0 | 0 |
| Total Current Assets | 378,802,000 | 389,989,000 | 371,628,000 | 529,617,000 | 38,579,000 |
| Property Plant Equipment | 62,231,000 | 42,128,000 | 29,767,000 | 22,902,000 | 16,284,000 |
| Goodwill and Intangibles | 39,373,000 | 15,819,000 | 9,686,000 | 5,841,000 | 2,687,000 |
| Total Assets | 508,388,000 | 555,427,000 | 597,992,000 | 642,028,000 | 60,478,000 |
| Liabilities | |||||
| Account Payables | 5,230,000 | 5,599,000 | 3,055,000 | 1,882,000 | 538,000 |
| Short Term Debt | 3,366,000 | 710,000 | 591,000 | 568,000 | 495,000 |
| Total Current Liabilities | 36,085,000 | 37,164,000 | 20,160,000 | 9,691,000 | 1,881,000 |
| Long Term Debt | 14,359,000 | 7,395,000 | 3,459,000 | 3,643,000 | 3,776,000 |
| Total Liabilities | 124,526,000 | 70,433,000 | 29,781,000 | 50,798,000 | 6,775,000 |
| Shareholders Equity | |||||
| Retained Earnings | -683,720,000 | -352,073,000 | -194,302,000 | -145,791,000 | -39,605,000 |
| Total Shareholders Equity | 383,862,000 | 484,994,000 | 568,211,000 | 591,230,000 | 53,703,000 |
| Cash Flow Statement (Quarterly) | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | -331,647,000 | -157,771,000 | -48,511,000 | -106,186,000 |
| Depreciation & Amortization | 18,654,000 | 10,375,000 | 5,604,000 | 2,548,000 |
| Stock Based Compensation | 106,878,000 | 69,743,000 | 31,456,000 | 7,748,000 |
| Change in Working Capital | -13,194,000 | -12,612,000 | -2,495,000 | -202,000 |
| Operating Cash Flow | -105,683,000 | -78,811,000 | -44,698,000 | -26,537,000 |
| Investing Activities | ||||
| Capital Expenditure | -23,569,000 | -19,549,000 | -12,564,000 | -10,024,000 |
| Investments | -17,992,000 | -19,549,000 | -12,564,000 | -7,783,000 |
| Investing Cash Flow | 82,730,000 | 68,766,000 | -309,056,000 | -213,785,000 |
| Financing Activities | ||||
| Debt Repayment | 0 | 0 | -1,981,000 | 0 |
| Common Stock Issued/Repurchased | 0 | 1,954,000 | -905,000 | 0 |
| Dividends Paid | 0 | 0 | -905,000 | 0 |
| Financing Cash Flow | 41,687,000 | 1,761,000 | 1,096,000 | 603,227,000 |
| Summary | ||||
| Free Cash Flow | -129,252,000 | -98,360,000 | -57,262,000 | -36,561,000 |
| Net Change in Cash | 18,759,000 | -8,702,000 | -352,658,000 | 362,905,000 |
| Cash Flow Statement (Annual) | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -331,647,000 | -157,771,000 | -48,511,000 | -106,186,000 | -15,424,000 |
| Depreciation & Amortization | 18,654,000 | 10,375,000 | 5,604,000 | 2,548,000 | 1,400,000 |
| Stock Based Compensation | 106,878,000 | 69,743,000 | 31,456,000 | 7,748,000 | 1,224,000 |
| Change in Working Capital | -13,194,000 | -12,612,000 | -2,495,000 | -202,000 | 678,000 |
| Operating Cash Flow | -105,683,000 | -78,811,000 | -44,698,000 | -26,537,000 | -12,007,000 |
| Investing Activities | |||||
| Capital Expenditure | -23,569,000 | -19,549,000 | -12,564,000 | -10,024,000 | -11,676,000 |
| Investments | -17,992,000 | -19,549,000 | -12,564,000 | -7,783,000 | -10,032,000 |
| Investing Cash Flow | 82,730,000 | 68,766,000 | -309,056,000 | -213,785,000 | -11,676,000 |
| Financing Activities | |||||
| Debt Repayment | 0 | 0 | -1,981,000 | 0 | 0 |
| Common Stock Issued/Repurchased | 0 | 1,954,000 | -905,000 | 0 | 0 |
| Dividends Paid | 0 | 0 | -905,000 | 0 | 0 |
| Financing Cash Flow | 41,687,000 | 1,761,000 | 1,096,000 | 603,227,000 | 276,000 |
| Summary | |||||
| Free Cash Flow | -129,252,000 | -98,360,000 | -57,262,000 | -36,561,000 | -23,683,000 |
| Net Change in Cash | 18,759,000 | -8,702,000 | -352,658,000 | 362,905,000 | -23,407,000 |