Financial Highlights
Overview of key QQ2 2025 metrics (USD thousands unless stated otherwise):
- Revenue: 1,111,707; gross profit: 460,894; gross margin: 41.46%.
- R&D expenses: 1,060,367; G&A expenses: 1,553,583; operating expenses: 2,613,950; EBITDA: -2,099,854; operating income: -2,153,056; operating margin: -193.67%.
- Net income: -2,575,024; net margin: -231.63%; EPS: -3.64; Weighted average shares: 7,065.46k.
- Cash and equivalents: 3,419,422; total current assets: 5,470,120; total current liabilities: 1,790,944; total assets: 8,502,292; total liabilities: 2,320,192; total stockholders’ equity: 6,182,100.
- Net cash provided by operating activities: 1,822,481; free cash flow: -2,502,138; net change in cash: -2,163,617; cash at end of period: 3,419,422. Note: several balance sheet and cash-flow line items appear to reflect unit inconsistencies (USD thousands vs USD millions) in the provided data; investors should treat exact amounts with caution and await supplementary filings for reconciliation.
Income Statement
| Metric |
Value |
YoY Change |
QoQ Change |
| Revenue |
1.11B |
89 539.33% |
87 807.13% |
| Gross Profit |
460.89M |
142 088.92% |
93 309.38% |
| Operating Income |
-2.15B |
-30.52% |
N/A |
| Net Income |
-2.58B |
-174 101.74% |
-53.47% |
| EPS |
-3.64 |
-1 356.00% |
-34.32% |