Latest reported quarter: Q2, ended Jun 2026
| Line item | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| Total Revenue as Reported | $137.13M | $1.27M | $0.00 | $0.00 | $0.00 |
| Total Operating Revenue | $137.13M | $1.27M | $0.00 | $0.00 | $0.00 |
| Cost of Revenue | $32.02M | $3.94M | $12.89M | $3.44M | $3.26M |
| Gross Profit | $105.10M | -$2.67M | -$12.89M | -$3.44M | -$3.26M |
| Operating Expense | $172.00M | $116.08M | $395.40M | $96.78M | $116.12M |
| Selling and Admin Expenses | $58.52M | $48.05M | $176.20M | $41.83M | $36.72M |
| -General & Admin Expense | $58.52M | $48.05M | $176.20M | $41.83M | $36.72M |
| Operating Profit | -$66.89M | -$118.75M | -$408.28M | -$100.22M | -$119.38M |
| Net Non-Operating Interest Income (Expense) | -$43.07M | -$34.67M | -$88.25M | -$25.22M | -$21.01M |
| Non-Operating Interest Expense | $43.07M | $34.67M | $88.25M | $25.22M | $21.01M |
| Other Income (Expense) | $72.72M | -$43.60M | $98.04M | $49.59M | $36.65M |
| Gain on Sale of Security | $72.06M | -$44.16M | $89.20M | $48.54M | $34.82M |
| Other Non-Operating Income (Expenses) | $665,000.00 | $553,000.00 | $8.83M | $1.06M | $1.83M |
| Pretax Profit | -$37.24M | -$197.03M | -$398.49M | -$75.84M | -$103.75M |
| Tax | $26.98M | $0.00 | $11.67M | -$13.67M | $6.63M |
| Net Profit | -$64.22M | -$197.03M | -$410.16M | -$62.17M | -$110.38M |
| Profit from Continuing Operations | -$64.22M | -$197.03M | -$410.16M | -$62.17M | -$110.38M |
| Net Income to Parent Company | -$64.22M | -$197.03M | -$410.16M | -$62.17M | -$110.38M |
| Net Income to Common Stockholders | -$64.22M | -$197.03M | -$410.16M | -$62.17M | -$110.38M |
| Basic EPS | -$0.42 | -$1.37 | -$4.18 | -$0.39 | -$1.11 |
| Diluted EPS | -$0.42 | -$1.37 | -$4.18 | -$0.39 | -$1.11 |
| Line item | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| Total Assets | $1.76B | $1.73B | $1.74B | $1.74B | $1.65B |
| Total Current Assets | $107.35M | $85.01M | $135.70M | $135.70M | $78.02M |
| Cash and Cash Equivalents & Short-Term Investments | $21.60M | $52.17M | $97.68M | $97.68M | $41.63M |
| -Cash and Cash Equivalents | $21.60M | $52.17M | $97.68M | $97.68M | $41.63M |
| Receivables | $50.12M | $1.54M | – | – | – |
| -Accounts Receivable | $50.12M | $1.54M | – | – | – |
| Inventory | $25.67M | $20.71M | $26.74M | $26.74M | $25.07M |
| Other Current Assets | $9.97M | $10.59M | $11.28M | $11.28M | $11.32M |
| Total Non-Current Assets | $1.65B | $1.64B | $1.61B | $1.61B | $1.57B |
| Net PPE | $1.61B | $1.60B | $1.56B | $1.56B | $1.53B |
| -Gross PPE | $1.65B | $1.61B | $1.57B | $1.57B | $1.54B |
| -Accumulated Depreciation | -$39.50M | -$9.93M | -$5.98M | -$5.98M | -$5.44M |
| Other Non-Current Assets | $42.89M | $43.35M | $44.07M | $44.07M | $39.08M |
| Total Liabilities | $1.37B | $1.31B | $1.21B | $1.21B | $1.30B |
| Total Current Liabilities | $446.36M | $1.08B | $1.02B | $1.02B | $1.06B |
| Payables | $54.55M | $37.66M | $25.24M | $25.24M | $53.33M |
| -Accounts Payable | $54.55M | $37.66M | $25.24M | $25.24M | $53.33M |
| Current Accrued Expenses | $152.13M | $79.67M | $74.11M | $74.11M | $110.37M |
| Short-Term Debt and Capital Lease Obligation | $239.68M | $960.49M | $924.07M | $924.07M | $898.00M |
| -Current Debt | $236.75M | $956.25M | $921.58M | $921.58M | $896.57M |
| -Current Capital Lease Obligation | $2.93M | $4.23M | $2.49M | $2.49M | $1.43M |
| Total Non-Current Liabilities | $920.28M | $230.21M | $183.09M | $183.09M | $239.85M |
| Long Term Debt and Capital Lease Obligation | $750.78M | $19.02M | $19.34M | $19.34M | $18.50M |
| -Long Term Debt | $732.09M | – | – | – | – |
| -Long Term Capital Lease Obligation | $18.70M | $19.02M | $19.34M | $19.34M | $18.50M |
| Derivative Product Liabilities | $9.84M | $81.90M | $37.74M | $37.74M | $86.27M |
| Non-Current Liabilities | $119.85M | $116.47M | $113.18M | $113.18M | $108.58M |
| Non-Current Deferred Liabilities | $39.81M | $12.83M | $12.83M | $12.83M | $26.50M |
| Total Equity | $395.00M | $421.86M | $534.30M | $534.30M | $348.08M |
| Stockholders' Equity | $395.00M | $421.86M | $534.30M | $534.30M | $348.08M |
| Capital Stock | $16,000.00 | $16,000.00 | $15,000.00 | $15,000.00 | $10,000.00 |
| -Common Stock | $16,000.00 | $16,000.00 | $15,000.00 | $15,000.00 | $10,000.00 |
| -Preferred Stock | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Additional Paid-In Capital | $1.76B | $1.73B | $1.64B | $1.64B | $1.39B |
| Retained Earnings | -$1.37B | -$1.31B | -$1.11B | -$1.11B | -$1.05B |
| Restricted Cash | – | – | $0.00 | $0.00 | $0.00 |
| Line item | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| Operating Cash Flow | $9.42M | -$82.22M | -$351.70M | -$98.13M | -$110.63M |
| Net cash flow from continuing operations | $9.42M | -$82.22M | -$351.70M | -$98.13M | -$110.63M |
| Net Income from Continuing Operations | -$64.22M | -$197.03M | -$410.16M | -$62.17M | -$110.38M |
| Gain/Loss from Continuing Operations | -$72.06M | $44.16M | -$89.20M | -$48.54M | -$34.82M |
| Depreciation & Depletion & Amortization | $32.39M | $4.31M | $14.51M | $3.82M | $3.68M |
| Deferred Tax | $26.98M | $0.00 | $11.67M | -$13.67M | $6.63M |
| Other Non-Cash Items | $43.07M | $34.67M | $88.25M | $25.22M | $21.01M |
| Change in Working Capital | $27.91M | $16.64M | -$9.44M | -$15.46M | -$10.27M |
| -Change in Receivables | -$48.57M | -$1.54M | – | – | – |
| -Change in Inventory | -$3.76M | -$2.93M | -$5.67M | -$911,000.00 | -$1.30M |
| -Change in Prepaid Assets | $2.21M | $892,000.00 | -$7.54M | $2.38M | -$7.23M |
| -Change in Payables and Accrued Expense | $78.03M | $20.22M | $3.78M | -$16.92M | -$1.74M |
| Net cash flow from investing | -$31.51M | -$21.05M | -$417.62M | -$94.53M | -$130.11M |
| Net Cash Flow from Continuing Investing Activities | -$31.51M | -$21.05M | -$417.62M | -$94.53M | -$130.11M |
| Capital Expenditure | -$31.51M | -$21.05M | -$417.62M | -$94.53M | -$130.11M |
| Financing Cash Flow | -$8.48M | $57.76M | $531.24M | $248.71M | -$409,000.00 |
| Net Cash Flow from Continuing Financing Activities | -$8.48M | $57.76M | $531.24M | $248.71M | -$409,000.00 |
| Net Common Stock Issuance | $22.57M | $72.39M | $545.00M | $250.00M | $0.00 |
| Net Other Financing Charges | -$31.05M | -$14.64M | -$13.76M | -$1.29M | -$409,000.00 |
| Ending Cash Balance | $21.60M | $52.17M | $97.68M | $97.68M | $41.63M |
| Net Change in Cash | -$30.57M | -$45.52M | -$238.09M | $56.06M | -$241.15M |
| Beginning Cash Balance | $52.17M | $97.68M | $335.77M | $41.63M | $282.78M |
| Free Cash Flow | -$22.09M | -$103.27M | -$769.33M | -$192.66M | -$240.74M |
| Net Business Purchase and Sale | – | – | $0.00 | $0.00 | – |
| Net Issuance Payments Of Debt | – | – | $0.00 | $0.00 | – |
| Proceeds from Stock Option Exercised | – | – | $0.00 | $0.00 | – |
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