Financials
Valor Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Selling/general/admin expenses 10.45 M10.69 M10.04 M10.95 M12.09 M 43.77 M Research & development 47.89 M36.87 M40.45 M49.19 M50.77 M 177.29 M Operating income -82.97 M-44.64 M-46.48 M-60.14 M-72.86 M -224.11 M Non-Operating Income, Total ————— — Interest expense, net of interest capitalized ————— — Non-Operating Income, excl. Interest Expenses ————— — Unusual income/expense ————— — Pretax income -82.97 M-44.64 M-46.48 M-60.14 M-72.86 M -224.11 M Equity in earnings ————— — Taxes -200 K———10.69 M — Non-controlling/minority interest ————— — After tax other income/expense ————— — Net income before discontinued operations -80.25 M-41.64 M-43.4 M-57.46 M-69.9 M -212.39 M Discontinued operations ————— — Net income -80.25 M-41.64 M-43.4 M-57.46 M-69.9 M -212.39 M Dilution adjustment ————— — Preferred dividends ————— — Diluted net income available to common stockholders -80.25 M-41.64 M-43.4 M-57.46 M-69.9 M -212.39 M Basic earnings per share (Basic EPS) -1.11-0.52-0.5-0.65-0.76 -2.43 Diluted earnings per share (Diluted EPS) -1.11-0.52-0.5-0.65-0.76 -2.43 Average basic shares outstanding 58.64 M79.41 M87.01 M87.96 M87.35 M 341.73 M Diluted shares outstanding 58.64 M79.41 M87.01 M87.96 M87.35 M 341.73 M EBITDA -79.8 M-41.03 M-42.76 M-56.87 M-69.27 M -209.93 M EBIT -80.25 M-41.64 M-43.4 M-57.46 M-69.9 M -212.39 M Cost of revenue ————— — Other cost of goods sold ————— — Depreciation & amortization (cash flow) 450 K611 K637 K589 K629 K 2.47 M