Financials
Valor Q4, 24Q1, 25Q2, 25Q3, 25 TTM Selling/general/admin expenses 2.61 M2.73 M2.95 M2.65 M 10.94 M Research & development 2.97 M3.1 M3.77 M7.46 M 17.29 M Operating income -2.28 M-2.18 M-3.19 M-6.91 M -14.54 M Non-Operating Income, Total 52 K13 K43 K256 K 364 K Interest expense, net of interest capitalized ———— — Non-Operating Income, excl. Interest Expenses 63 K66 K107 K298 K 534 K Unusual income/expense -11 K-53 K-64 K-42 K -170 K Pretax income -2.22 M-2.16 M-3.14 M-3.27 M -10.8 M Equity in earnings ———— — Taxes 6 00054 K41 K-251 K -150 K Non-controlling/minority interest ———— — After tax other income/expense -311 K-315 K-319 K-323 K -1.27 M Net income before discontinued operations -2.23 M-2.22 M-3.19 M-3.02 M -10.65 M Discontinued operations ———— — Net income -2.23 M-2.22 M-3.19 M-3.02 M -10.65 M Dilution adjustment ———— — Preferred dividends ———— — Diluted net income available to common stockholders -2.23 M-2.22 M-3.19 M-3.02 M -10.65 M Basic earnings per share (Basic EPS) -0.09-0.08-0.11-0.09 -0.37 Diluted earnings per share (Diluted EPS) -0.09-0.08-0.11-0.09 -0.37 Average basic shares outstanding 25.5 M26.97 M29.63 M34.51 M 116.61 M Diluted shares outstanding 25.5 M26.97 M29.63 M34.51 M 116.61 M EBITDA -2.12 M-2.03 M-3.03 M-6.74 M -13.93 M EBIT -2.28 M-2.18 M-3.19 M-6.91 M -14.54 M Cost of revenue 2.58 M2.63 M2.91 M2.88 M 11 M Other cost of goods sold 60 K70 K57 K105 K 292 K Depreciation & amortization (cash flow) 154 K149 K153 K163 K 619 K