SMR Stock Price Chart
Daily OHLCV with technical indicators — pan, zoom, and customize your view
04
range
bars
Bar granularity adapts to the selected period — hover the chart to see open/high/low/close for a bar.
10-Year Performance
Revenue, net income, margins and EPS trends
06
Revenue$31M2020-12-31 → 2025-12-31
EPS$-2.172020-12-31 → 2025-12-31
Free Cash Flow$-460M2022-12-31 → 2025-12-31
Net margin-3888.7%2022-12-31 → 2025-12-31
Valuation & Ratios07–12
Valuation
P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
SMR
5Y avg
Peer Median
Verdict
P/E (TTM)
-3.55Y avg ≈-10.7
≈-10.7
·
·
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability
Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
SMR
5Y avg
Peer Median
Verdict
Gross Margin (TTM)
23.5%5Y avg ≈44.5%
≈44.5%
30.0%
Weak
Operating Margin (TTM)
-6854.0%5Y avg ≈-1430.4%
≈-1430.4%
-71.4%
Weak
EBITDA Margin
-2190.6%5Y avg ≈-1430.4%
≈-1430.4%
-65.3%
Weak
Pretax Margin (TTM)
-6484.6%5Y avg ≈-1258.5%
≈-1258.5%
-13.4%
Weak
Net Profit Margin (TTM)
-3888.7%5Y avg ≈-493.6%
≈-493.6%
-72.1%
Weak
ROA (TTM)
-31.3%5Y avg ≈-20.4%
≈-20.4%
-5.2%
Weak
ROE (TTM)
-30.2%5Y avg ≈-34.4%
≈-34.4%
-13.1%
Weak
ROIC
-59.0%5Y avg ≈-144.2%
≈-144.2%
-9.4%
Weak
Financial Health
Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
SMR
5Y avg
Peer Median
Verdict
Current Ratio (MRQ)
37.95Y avg ≈4.4
≈4.4
3.3
Strong liquidity
Quick Ratio
4.25Y avg ≈4.1
≈4.1
2.0
Strong liquidity
Growth
Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
SMR
5Y avg
Peer Median
Verdict
Revenue YoY
-15.0%5Y avg ≈166.0%
≈166.0%
·
·
Revenue CAGR 3Y
38.7%5Y avg ≈136.6%
≈136.6%
·
·
Revenue CAGR 5Y
120.8%
·
·
·
Per Share Metrics
EPS, book value per share, cash flow per share, dividend per share
Metric
5Y trend
SMR
5Y avg
Peer Median
Verdict
EPS (Diluted)
$-2.175Y avg ≈$-0.99
≈$-0.99
·
·
Revenue / Share
$0.195Y avg ≈$0.28
≈$0.28
·
·
Cash Flow / Share
$-2.815Y avg ≈$-2.35
≈$-2.35
·
·
Capital Efficiency
Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
SMR
5Y avg
Peer Median
Verdict
Asset Turnover
0.05Y avg ≈0.1
≈0.1
0.7
Weak
Revenue / Employee
≈$73.5K
·
·
·
value · ≈ 5Y avg · industry median · verdict relative to median
Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise-223.4%
Next ReportNov 04, 2026
Period
Report
EPS Actual
EPS Est
Surprise
June 30, 2026
Aug 5, 2026
$-0.13
$-0.13
-0.08%
March 31, 2026
$-0.14
$-0.13
-8.8%
Dec. 31, 2025
$-0.31
$-0.12
-148.2%
Sept. 30, 2025
$-1.85
$-0.14
-1197.3%
June 30, 2025
$-0.13
$-0.11
-13.4%
March 31, 2025
$-0.11
$-0.15
27.4%
Full Fundamentals
All metrics by year — income statement, balance sheet, cash flow
15
Income Statement15
Metric
Trend
2025
2024
2023
2022
2021
2020
Revenue
$31M
$37M
$23M
$12M
$3M
$600.0K
Cost of Revenue
$20M
$5M
$19M
$7M
$2M
$355.0K
Gross Profit
$11M
$32M
$4M
$4M
$1M
$245.0K
R&D Expense
$46M
$47M
$156M
$128M
$94M
$95M
SG&A Expense
$610M
$76M
$65M
$55M
$39M
$37M
Operating Income
$-690M
$-139M
$-276M
$-230M
$-174M
$-159M
Interest Income
·
·
·
·
$19.0K
·
Pretax Income
$-664M
$-346M
$-180M
$-142M
$-102M
$-88M
Income Tax
$322.0K
$2M
$0
$0
$0
$0
Net Income
$-356M
$-137M
$-58M
$-26M
$-102M
$-88M
EPS (Basic)
$-2.17
$-1.47
$-0.80
$-0.51
$0.00
$0.00
EPS (Diluted)
$-2.17
$-1.47
$-0.80
$-0.51
$0.00
$0.00
Shares (Basic)
163,731,673
93,249,872
73,386,018
50,763,844
0
0
Shares (Diluted)
163,731,673
93,249,872
73,386,018
50,763,844
0
0
EBITDA
$-690M
$-139M
$-276M
$-230M
$-1M
·
Balance Sheet24
Metric
Trend
2025
2024
2023
2022
2021
2020
Cash & Equivalents
$836M
$402M
$120M
$218M
$77M
$2M
Short-term Investments
$418M
$40M
$0
$50M
$0
·
Receivables
·
·
·
$11M
$5M
·
Prepaid Expense
$5M
$3M
$19M
$6M
$4M
$237.1K
Current Assets
$1.27B
$471M
$155M
$284M
$86M
$2M
PP&E (Net)
$2M
$2M
$4M
$5M
$5M
·
PP&E (Gross)
·
·
$25M
·
·
·
Accum. Depreciation
$17M
$18M
$21M
$19M
$21M
·
Goodwill
$8M
$8M
$8M
$8M
$8M
·
Intangibles
$527.0K
$704.0K
$882.0K
$1M
$1M
·
Other Non-current Assets
$16M
$2M
$4M
$7M
$4M
·
Total Assets
$1.41B
$545M
$225M
$349M
$121M
$234M
Accounts Payable
$287M
$48M
$45M
$28M
$22M
$0
Accrued Liabilities
·
·
·
·
$40.0K
$49.9K
Short-term Debt
·
·
·
·
$0
$0
Current Liabilities
$296M
$90M
$87M
$39M
$48M
$49.9K
Capital Leases
$1M
·
$1M
$3M
$211.0K
·
Other Non-current Liabilities
$3M
$2M
$1M
$3M
$3M
·
Total Liabilities
$299M
$92M
$96M
$72M
$53M
$42M
Total Debt
·
·
·
·
$0
·
Paid-in Capital
$1.90B
$996M
$334M
$297M
$0
$18M
Retained Earnings
$-733M
$-377M
$-240M
$-182M
$-782M
$-40M
Stockholders' Equity
$1.17B
$619M
$93M
$115M
$66M
$-40M
Liabilities + Equity
$1.41B
$545M
$225M
$349M
$121M
$234M
Cash Flow14
Metric
Trend
2025
2024
2023
2022
2021
2020
Stock-based Comp
$19M
$14M
$16M
$9M
$6M
$4M
Deferred Tax
·
·
$0
$0
·
·
Amort. of Intangibles
$177.0K
$177.0K
$177.0K
$177.0K
$177.0K
$178.0K
Operating Cash Flow
$-460M
$-109M
$-183M
$-149M
$-99M
$-47M
CapEx
$508.0K
$44.0K
$2M
$2M
$2M
$4M
Investing Cash Flow
$-411M
$-40M
$48M
$-52M
$-2M
$-4M
Debt Issued
·
·
·
$0
$0
$23M
Net Debt Issued
·
·
·
$0
·
·
Stock Repurchased
·
$0
$0
$566.0K
$17.0K
$49.0K
Net Stock Activity
·
$0
$0
$-566.0K
·
·
Financing Cash Flow
$1.31B
$430M
$16M
$368M
$173M
$38M
Net Change in Cash
$435M
$281M
$-119M
$167M
$72M
$-12M
Taxes Paid
$322.0K
$2M
$0
·
·
·
Free Cash Flow
$-460M
$-109M
$-185M
$-151M
·
·
Profitability8
Metric
Trend
2025
2024
2023
2022
2021
2020
Gross Margin
36.3%
86.7%
16.9%
38.0%
·
·
Operating Margin
-2190.6%
-374.5%
-1208.1%
-1948.5%
·
·
Net Margin
-1130.3%
-368.8%
-255.9%
-219.5%
·
·
Pretax Margin
-2109.7%
-935.2%
-789.6%
-1199.4%
·
·
EBITDA Margin
-2190.6%
-374.5%
-1208.1%
-1948.5%
·
·
ROA
-36.4%
-35.5%
-20.3%
-11.0%
1.4%
·
ROE
-39.8%
-38.4%
-56.1%
-28.6%
-8.9%
·
ROIC
-59.0%
-22.6%
-294.9%
-200.6%
·
·
Liquidity & Solvency3
Metric
Trend
2025
2024
2023
2022
2021
2020
Current Ratio
4.3
5.3
1.8
7.4
3.1
42.9
Quick Ratio
4.2
4.9
1.4
7.2
2.9
38.2
Debt / Equity
·
·
·
·
0.0
·
Efficiency2
Metric
Trend
2025
2024
2023
2022
2021
2020
Asset Turnover
0.0
0.1
0.1
0.1
·
·
Receivables Turnover
·
·
·
1.5
·
·
Per Share3
Metric
Trend
2025
2024
2023
2022
2021
2020
Revenue / Share
$0.19
$0.40
$0.31
$0.23
·
·
Cash Flow / Share
$-2.81
$-1.17
$-2.50
$-2.93
·
·
EPS (TTM)
$-2.17
$-1.47
$-0.80
$-0.51
$0.00
$0.00
Growth Rates3
Metric
Trend
2025
2024
2023
2022
2021
2020
Revenue YoY
-15.0%
62.4%
93.2%
312.4%
377.0%
·
Revenue CAGR 3Y
38.7%
134.8%
236.2%
·
·
·
Revenue CAGR 5Y
120.8%
·
·
·
·
·
Valuation (TTM)4
Metric
Trend
2025
2024
2023
2022
2021
2020
Revenue TTM
$31M
$37M
$23M
$12M
$3M
$600.0K
Net Income TTM
$-356M
$-137M
$-58M
$-26M
$-102M
$-88M
P/E
-6.5
-12.2
-4.1
-20.1
·
·
Earnings Yield
-15.3%
-8.2%
-24.3%
-5.0%
·
·
Income Statement14
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Revenue
$75.0K
$565.0K
$2M
$8M
$8M
$13M
$34M
$475.0K
$967.0K
$1M
$5M
$7M
$6M
$6M
$3M
$3M
Cost of Revenue
$227.0K
$544.0K
$2M
$6M
$6M
$6M
$3M
$295.0K
$850.0K
$735.0K
$4M
$6M
$6M
$3M
$3M
$2M
Gross Profit
$-152.0K
$21.0K
$-61.0K
$3M
$2M
$7M
$31M
$180.0K
$117.0K
$644.0K
$720.0K
$1M
$30.0K
$2M
$814.0K
$1M
R&D Expense
$18M
$13M
$14M
$11M
$12M
$9M
$9M
$12M
$12M
$13M
$38M
$64M
$27M
$28M
$38M
$35M
SG&A Expense
$27M
$25M
$45M
$519M
$23M
$23M
$23M
$17M
$17M
$19M
$18M
$16M
$16M
$15M
$16M
$16M
Operating Income
$-64M
$-58M
$-73M
$-538M
$-43M
$-35M
$-12M
$-41M
$-42M
$-44M
$-71M
$-93M
$-56M
$-55M
$-67M
$-66M
Pretax Income
$-50M
$-47M
$-64M
$-533M
$-38M
$-30M
$-178M
$-46M
$-74M
$-48M
$-56M
$-58M
$-30M
$-36M
$-47M
$-50M
Income Tax
·
·
·
·
·
·
$2M
$12.0K
$0
$0
$0
$0
$0
$0
$0
$0
Net Income
$-48M
$-44M
$-51M
$-273M
$-18M
$-14M
$-75M
$-17M
$-28M
$-17M
$-19M
$-19M
$-10M
$-11M
$3M
$-11M
EPS (Basic)
$-0.13
$-0.14
$-0.08
$-1.85
$-0.13
$-0.11
$-0.77
$-0.18
$-0.31
$-0.21
$-0.25
$-0.26
$-0.13
$-0.16
$-0.22
$-0.23
EPS (Diluted)
$-0.13
$-0.14
$-0.08
$-1.85
$-0.13
$-0.11
$-0.77
$-0.18
$-0.31
$-0.21
$-0.25
$-0.26
$-0.13
$-0.16
$-0.22
$-0.23
Shares (Basic)
364,523,356
319,712,720
·
147,685,584
133,417,743
127,718,255
·
95,197,500
89,553,679
79,585,062
·
74,836,884
72,125,375
69,684,268
·
46,417,563
Shares (Diluted)
364,523,356
319,712,720
·
147,685,584
133,417,743
127,718,255
·
95,197,500
89,553,679
79,585,062
·
74,836,884
72,125,375
69,684,268
·
46,417,563
EBITDA
$-64M
$-57M
·
$-538M
$-43M
$-35M
·
$-41M
$-42M
$-44M
·
$-93M
$-56M
$-55M
·
$-66M
Balance Sheet21
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Cash & Equivalents
$766M
$341M
$836M
$408M
$298M
$491M
$402M
$112M
$131M
$132M
·
$117M
$154M
$218M
·
$269M
Short-term Investments
$306M
$549M
$418M
$284M
$123M
$30M
$40M
$45M
·
·
·
$0
$0
$0
·
$50M
Receivables
·
·
·
·
·
·
·
·
·
·
·
·
·
$21M
·
$23M
Prepaid Expense
$11M
$5M
$5M
$8M
$4M
$4M
$3M
$11M
$12M
$15M
·
$21M
$9M
$7M
·
$6M
Current Assets
$1.10B
$908M
$1.27B
$720M
$443M
$543M
$471M
$181M
$156M
$157M
·
$159M
$188M
$246M
·
$348M
PP&E (Net)
$3M
$3M
$2M
$2M
$2M
$2M
$2M
$3M
$3M
$4M
·
$5M
$5M
$5M
·
$5M
PP&E (Gross)
·
·
·
·
·
·
·
·
·
$25M
·
·
·
·
·
·
Accum. Depreciation
$17M
$17M
$17M
$19M
$18M
$18M
$18M
$22M
$21M
$21M
·
$21M
$20M
$20M
·
$23M
Goodwill
$8M
$8M
$8M
$8M
$8M
$8M
$8M
$8M
$8M
$8M
·
$8M
$8M
$8M
·
$8M
Intangibles
$438.0K
$483.0K
$527.0K
$571.0K
$616.0K
$660.0K
$704.0K
$749.0K
$793.0K
$837.0K
·
$926.0K
$970.0K
$1M
·
$1M
Other Non-current Assets
$30M
$27M
$16M
$10M
$3M
$2M
$2M
$2M
$3M
$3M
·
$9M
$6M
$5M
·
$6M
Total Assets
$2.05B
$1.15B
$1.41B
$883M
$606M
$618M
$545M
$253M
$229M
$230M
·
$309M
$309M
$332M
·
$404M
Accounts Payable
$20M
$22M
$287M
$403M
$65M
$48M
$48M
$18M
$19M
$46M
·
$36M
$28M
$44M
·
$32M
Current Liabilities
$29M
$31M
$296M
$446M
$105M
$87M
$90M
$81M
$59M
$85M
·
$81M
$36M
$52M
·
$42M
Capital Leases
$6M
$5M
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Other Non-current Liabilities
$6M
$7M
$3M
$2M
$2M
$1M
$2M
$238.0K
$647.0K
$1M
·
$2M
$2M
$2M
·
$3M
Total Liabilities
$36M
$38M
$299M
$448M
$108M
$89M
$92M
$163M
$136M
$101M
·
$129M
$85M
$86M
·
$85M
Paid-in Capital
$2.89B
$1.94B
$1.90B
$1.51B
$1.10B
$1.10B
$996M
$462M
$421M
$382M
·
$328M
$313M
$302M
·
$272M
Retained Earnings
$-824M
$-777M
$-733M
$-682M
$-409M
$-391M
$-377M
$-302M
$-285M
$-257M
·
$-222M
$-203M
$-193M
·
$-169M
Stockholders' Equity
$2.06B
$1.17B
$1.17B
$829M
$693M
$704M
$619M
$160M
$136M
$125M
·
$106M
$110M
$109M
·
$103M
Liabilities + Equity
$2.05B
$1.15B
$1.41B
$883M
$606M
$618M
$545M
$253M
$229M
$230M
·
$309M
$309M
$332M
·
$404M
Cash Flow14
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
D&A
$334.0K
$309.0K
·
$293.0K
$305.0K
$313.0K
·
·
·
·
·
·
·
·
·
·
Stock-based Comp
$7M
$5M
$5M
$5M
$5M
$4M
$3M
$4M
$4M
$2M
$4M
$4M
$4M
$4M
$4M
$4M
Amort. of Intangibles
·
·
·
·
$45.0K
$44.0K
$44.0K
$44.0K
$45.0K
$44.0K
$44.0K
$44.0K
$45.0K
$44.0K
$44.0K
$44.0K
Restructuring
·
·
·
·
·
·
·
·
·
$3M
·
·
·
·
·
·
Other Non-cash
·
$-276M
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Operating Cash Flow
$-58M
$-315M
$-204M
$-200M
$-33M
$-23M
$-26M
$-13M
$-36M
$-33M
$-73M
$-28M
$-39M
$-43M
$-44M
$-41M
CapEx
$431.0K
$2M
$367.0K
$141.0K
$-67.0K
$67.0K
$44.0K
$0
$0
$0
$51.0K
$54.0K
$1M
$351.0K
$588.0K
$163.0K
Investing Cash Flow
$-459M
$-218M
$-105M
$-154M
$-162M
$10M
$5M
$-45M
$195.0K
$0
$-51.0K
$-54.0K
$-1M
$50M
$-588.0K
$-50M
Debt Issued
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
$0
Stock Repurchased
·
·
·
·
·
·
·
·
·
·
·
$0
$0
$0
$0
$0
Net Stock Activity
·
·
·
·
·
·
·
·
·
·
·
·
·
$0
·
·
Financing Cash Flow
$947M
$38M
$737M
$464M
$2M
$103M
$311M
$38M
$35M
$45M
$2M
$10M
$3M
$2M
$1M
$28M
Net Change in Cash
$430M
$-495M
$429M
$110M
$-194M
$90M
$290M
$-19M
$-1M
$12M
$-71M
$-18M
$-38M
$8M
$-43M
$-63M
Free Cash Flow
·
$-316M
·
·
·
$-23M
·
·
·
$-33M
·
·
·
$-43M
·
·
Profitability8
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Gross Margin
-202.7%
3.7%
·
32.9%
22.1%
52.3%
·
37.9%
12.1%
46.7%
·
14.5%
0.52%
38.0%
·
44.9%
Operating Margin
-85337.3%
-10181.2%
·
-6532.9%
-534.9%
-264.1%
·
-8635.6%
-4330.7%
-3188.8%
·
-1336.9%
-968.4%
-1007.7%
·
-2083.8%
Net Margin
-63385.3%
-7790.3%
·
-3316.2%
-219.0%
-104.7%
·
-3675.6%
-2855.9%
-1201.7%
·
-275.1%
-164.3%
-199.1%
·
-337.6%
Pretax Margin
-66750.7%
-8262.8%
·
-6462.6%
-467.0%
-224.7%
·
-9587.8%
-7697.8%
-3486.6%
·
-839.2%
-513.1%
-646.9%
·
-1564.6%
EBITDA Margin
-85337.3%
-10126.6%
·
-6532.9%
-534.9%
-264.1%
·
-8635.6%
-4330.7%
-3188.8%
·
-1336.9%
-968.4%
-1007.7%
·
-2083.8%
ROA
-3.6%
-5.0%
·
-48.1%
-4.2%
-3.3%
·
-6.2%
-10.2%
-5.9%
·
-5.4%
-2.7%
-3.9%
·
-3.4%
ROE
-3.5%
-4.7%
·
-55.3%
-4.2%
-3.4%
·
-13.1%
-22.4%
-14.1%
·
-18.3%
-11.0%
-38.4%
·
-32.7%
ROIC
·
·
·
·
·
·
·
-25.6%
-30.7%
-35.2%
·
-87.7%
-51.0%
-50.7%
·
-64.3%
Liquidity & Solvency2
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Current Ratio
37.9
29.4
·
1.6
4.2
6.2
·
2.2
2.7
1.8
·
2.0
5.2
4.8
·
8.2
Quick Ratio
36.9
28.8
·
1.6
4.0
6.0
·
1.9
2.2
1.6
·
1.4
4.3
4.6
·
8.0
Efficiency2
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Asset Turnover
0.0
0.0
·
0.0
0.0
0.0
·
0.0
0.0
0.0
·
0.0
0.0
0.0
·
0.0
Receivables Turnover
·
·
·
·
·
·
·
·
·
·
·
·
·
0.5
·
0.3
Per Share3
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Revenue / Share
$0.00
$0.00
·
$0.06
$0.06
$0.10
·
$0.01
$0.01
$0.02
·
$0.09
$0.08
$0.08
·
$0.07
Cash Flow / Share
·
$-0.98
·
·
·
$-0.18
·
·
·
$-0.42
·
·
·
$-0.62
·
·
EPS (TTM)
$-2.20
$-2.20
·
$-2.86
$-1.19
$-1.37
·
$-0.95
$-1.03
$-0.85
·
$-0.77
$-0.74
$-0.67
·
$-0.29
Valuation (TTM)4
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Revenue TTM
$11M
$19M
·
$64M
$56M
$49M
·
$7M
$14M
$19M
·
$22M
$18M
$15M
·
$10M
Net Income TTM
$-416M
$-386M
·
$-380M
$-124M
$-134M
·
$-80M
$-82M
$-64M
·
$-36M
$-28M
$-21M
·
$-89M
P/E
-4.6
-4.9
·
-12.6
-33.2
-10.3
·
-12.2
-11.3
-6.2
·
-6.4
-9.2
-13.6
·
-40.3
Earnings Yield
-21.9%
-20.3%
·
-7.9%
-3.0%
-9.7%
·
-8.2%
-8.8%
-16.0%
·
-15.7%
-10.9%
-7.4%
·
-2.5%
Most recent period on the left · null values shown as ·
Financial Statements
Income statement, balance sheet, cash flow — annual, last 5 years
16
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Revenue
$31M
$37M
$23M
$12M
$3M
Gross Margin %
36.3%
86.7%
16.9%
38.0%
·
Operating Margin %
-2190.6%
-374.5%
-1208.1%
-1948.5%
·
Net Income
$-356M
$-137M
$-58M
$-26M
$-102M
Diluted EPS
$-2.17
$-1.47
$-0.80
$-0.51
$0.00
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Debt / Equity
·
·
·
·
0.0
Current Ratio
4.3
5.3
1.8
7.4
3.1
Quick Ratio
4.2
4.9
1.4
7.2
2.9
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Free Cash Flow
$-460M
$-109M
$-185M
$-151M
·
Institutional owners (13F)
583 filers
· $2.9B total
· As of Sept. 30, 2026
17
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders583
Value held$2.9B
New positions101
Exited positions69
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
101 (-28 vs prior Q)
69 (0 vs prior Q)
249 (+47 vs prior Q)
105 (-16 vs prior Q)
+52.6M
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
Filer
Filed
Stake
Status
Purpose
Filing
Japan NuScale Innovation, LLC, Japan Bank for International Cooperation, JGC Holdings Corporation, JGC America, Inc., IHI Corporation, IHI Americas Inc., Chubu Electric Power Co., Inc., Chubu Global Investment Americas Inc.
×3 filings
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders
33 insiders
· 15 officers · 13 directors