IVA
Price
Day trading desk
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
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Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Fundamentals
Valuation & profitability ratios
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $4.48M | $9.20M | $17.48M | $12.18M | -51.3% |
| Operating revenue | $4.48M | $9.20M | $17.48M | $12.18M | -51.3% |
| Research & development | $87.04M | $90.88M | $110.01M | $60.47M | -4.2% |
| Selling, general & admin | $53.89M | $17.10M | $15.61M | $15.28M | +215.2% |
| Total operating expense | $137.37M | $103.19M | $120.14M | $69.04M | +33.1% |
| Operating income | -$132.88M | -$93.99M | -$102.67M | -$56.86M | -41.4% |
| Net interest income | -$30.68M | -$11.07M | -$4.23M | -$364.00K | -177.2% |
| Pre-tax income | -$354.11M | -$183.90M | -$109.82M | -$54.29M | -92.6% |
| Tax provision | $22.00K | $313.00K | $607.00K | -$20.00K | -93.0% |
| Net income | -$354.14M | -$184.21M | -$110.43M | -$54.27M | -92.2% |
| Net income to common | -$354.14M | -$184.21M | -$110.43M | -$54.27M | -92.2% |
| Basic EPS | -1.90 | -3.08 | -2.43 | -1.31 | +38.3% |
| Diluted EPS | -1.90 | -3.08 | -2.43 | -1.31 | +38.3% |
| EBIT | -$320.55M | -$171.72M | -$104.64M | -$53.59M | -86.7% |
| EBITDA | -$317.33M | -$166.53M | -$102.04M | -$51.89M | -90.6% |
| Basic shares | 186.39M | 59.78M | 45.35M | 41.45M | +211.8% |
| Diluted shares | 186.39M | 59.78M | 45.35M | 41.45M | +211.8% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $99.31M | $96.56M | $26.92M | $86.74M | +2.8% |
| Cash & short-term investments | $230.87M | $96.56M | $26.99M | $87.78M | +139.1% |
| Accounts receivable | $2.02M | $531.00K | $3.81M | $0 | +279.7% |
| Inventory | $0 | $0 | $417.00K | $373.00K | — |
| Total current assets | $244.47M | $111.51M | $48.19M | $106.38M | +119.2% |
| Property, plant & equipment | $2.98M | $5.00M | $9.13M | $7.39M | -40.4% |
| Goodwill & intangibles | $183.00K | $48.00K | $542.00K | $568.00K | +281.3% |
| Total assets | $249.51M | $118.97M | $69.56M | $116.00M | +109.7% |
| Total current liabilities | $77.38M | $120.73M | $50.16M | $30.70M | -35.9% |
| Current debt | $30.27M | $3.35M | $3.01M | $4.57M | +804.2% |
| Long-term debt | $26.82M | $46.33M | $27.91M | $25.43M | -42.1% |
| Total debt | $59.86M | $54.33M | $37.49M | $34.52M | +10.2% |
| Total liabilities | $278.03M | $225.61M | $101.59M | $70.53M | +23.2% |
| Retained earnings | -$354.14M | -$184.21M | -$110.43M | -$54.27M | -92.2% |
| Shareholder equity | -$28.52M | -$106.65M | -$32.03M | $45.48M | +73.3% |
| Working capital | $167.09M | -$9.22M | -$1.97M | $75.68M | +1,912.3% |
| Net tangible assets | -$28.70M | -$106.69M | -$32.57M | $44.91M | +73.1% |
| Shares issued | 193.24M | 95.78M | 52.22M | 42.13M | +101.7% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | -$354.14M | -$184.21M | -$110.43M | -$54.27M | -92.2% |
| Depreciation & amortisation | $3.22M | $5.20M | $2.60M | $1.70M | -38.0% |
| Stock-based compensation | $26.77M | $3.58M | $3.97M | $2.22M | +647.7% |
| Change in working capital | $1.77M | $1.68M | $17.31M | $5.71M | +5.2% |
| Operating cash flow | -$104.88M | -$85.93M | -$81.61M | -$44.93M | -22.1% |
| Capital expenditure | -$247.00K | -$333.00K | -$540.00K | -$561.00K | +25.8% |
| Investing cash flow | -$133.19M | $8.74M | -$7.73M | $8.87M | -1,623.0% |
| Dividends paid | $0 | $0 | $0 | — | — |
| Financing cash flow | $241.29M | $145.59M | $29.08M | $37.27M | +65.7% |
| Free cash flow | -$105.13M | -$86.26M | -$82.15M | -$45.49M | -21.9% |
| End cash position | $99.31M | $96.56M | $26.92M | $86.74M | +2.8% |
Newly listed companies often have nothing on file until their first annual report.
| Line item | 2025-12-31 | 2025-06-30 | 2024-12-31 | YoY |
|---|---|---|---|---|
| Cash & equivalents | $99.31M | $122.08M | $96.56M | -18.6% |
| Cash & short-term investments | $230.87M | $146.65M | $96.56M | +57.4% |
| Accounts receivable | $2.02M | $10.76M | $531.00K | -81.3% |
| Inventory | $0 | — | $0 | — |
| Total current assets | $244.47M | $172.81M | $111.51M | +41.5% |
| Property, plant & equipment | $2.98M | $3.98M | $5.00M | -25.2% |
| Goodwill & intangibles | $183.00K | $85.00K | $48.00K | +115.3% |
| Total assets | $249.51M | $178.96M | $118.97M | +39.4% |
| Total current liabilities | $77.38M | $58.46M | $120.73M | +32.4% |
| Current debt | $30.27M | $5.53M | $3.35M | +447.1% |
| Long-term debt | $26.82M | $51.60M | $46.33M | -48.0% |
| Total debt | $59.86M | $57.13M | $54.33M | +4.8% |
| Total liabilities | $278.03M | $187.86M | $225.61M | +48.0% |
| Retained earnings | -$354.14M | -$175.88M | -$184.21M | -101.3% |
| Shareholder equity | -$28.52M | -$8.91M | -$106.65M | -220.2% |
| Working capital | $167.09M | $114.35M | -$9.22M | +46.1% |
| Net tangible assets | -$28.70M | -$8.99M | -$106.69M | -219.2% |
| Shares issued | 193.24M | 139.15M | 95.78M | +38.9% |
Newly listed companies often have nothing on file until their first annual report.
Analyst targets & ownership
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Headlines
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