Financials
Valor Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25Q1, 26 TTM Selling/general/admin expenses 10.1 M15.71 M8.13 M8.21 M7.51 M8.97 M 32.82 M Research & development 1.45 M611 K719 K486 K603 K442 K 2.25 M Operating income -11.22 M-14.63 M-7.83 M-8.07 M-7.17 M-8.83 M -31.9 M Non-Operating Income, Total 1.3 M-402 K303 K-36 K51 K-573 K -255 K Interest expense, net of interest capitalized 350 K211 K274 K547 K1.29 M1.38 M 3.49 M Non-Operating Income, excl. Interest Expenses 955 K-613 K29 K-583 K-1.24 M-1.95 M -3.75 M Unusual income/expense —————— — Pretax income -11.16 M-19.84 M-2.3 M-8.27 M-15.71 M-10.15 M -36.43 M Equity in earnings —————— — Taxes 372 K-2 000-5 000-2 00016 K-24 K -15 K Non-controlling/minority interest —————— — After tax other income/expense 755 K-531 K280 K16 K-516 K-551 K -771 K Net income before discontinued operations -11.54 M-19.84 M-2.29 M-8.27 M-15.73 M-10.13 M -36.42 M Discontinued operations —————— — Net income -11.54 M-19.84 M-2.29 M-8.27 M-15.73 M-10.13 M -36.42 M Dilution adjustment —————— — Preferred dividends —————— — Diluted net income available to common stockholders 11.54 M19.84 M2.29 M-8.27 M-15.73 M-10.13 M -31.84 M Basic earnings per share (Basic EPS) -3.8-5.2-0.4-1.6-2.9-1.6 -6.5 Diluted earnings per share (Diluted EPS) -3.9-5.2-0.4-1.6-2.9-1.6 -6.5 Average basic shares outstanding 2.62 M3.63 M3.73 M4.04 M4.34 M6.11 M 18.22 M Diluted shares outstanding 2.95 M3.84 M3.93 M4.25 M4.55 M6.31 M 19.03 M EBITDA -11.1 M-11.72 M-7.71 M-8.01 M-7.11 M-8.78 M -31.6 M EBIT -12.76 M-12.31 M-8.23 M-8.48 M-8.86 M-9.24 M -34.81 M Cost of revenue 1.28 M1.48 M1.49 M1 M931 K1.29 M 4.72 M Other cost of goods sold —————— — Depreciation & amortization (cash flow) 1.66 M594 K530 K467 K1.75 M455 K 3.2 M