Financials
Valor Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Selling/general/admin expenses 5.9 M6.26 M6.26 M7.1 M7.29 M 26.91 M Research & development 10.97 M13.48 M13.85 M14.03 M16.82 M 58.19 M Operating income -16.68 M-18.92 M-19.33 M-20.31 M6.75 M -51.81 M Non-Operating Income, Total 0000— — Interest expense, net of interest capitalized 297 K46 K46 K59 K64 K 215 K Non-Operating Income, excl. Interest Expenses -297 K-35 K-46 K-59 K— — Unusual income/expense 0-11 K000 — Pretax income -5.65 M-5.39 M-5.43 M-6.24 M23.63 M 6.57 M Equity in earnings ————— — Taxes ————-488 K — Non-controlling/minority interest ————— — After tax other income/expense 0-11 K000 — Net income before discontinued operations -16.16 M-18.75 M-19.36 M-20.83 M6.25 M -52.7 M Discontinued operations ————— — Net income -16.16 M-18.75 M-19.36 M-20.83 M6.25 M -52.7 M Dilution adjustment ————— — Preferred dividends ————— — Diluted net income available to common stockholders -16.16 M-18.75 M-19.36 M-20.83 M6.25 M -52.7 M Basic earnings per share (Basic EPS) -0.42-0.49-0.5-0.40.28 -1.11 Diluted earnings per share (Diluted EPS) -0.42-0.49-0.5-0.40.28 -1.11 Average basic shares outstanding 36.82 M38.24 M38.39 M52.19 M47.75 M 176.56 M Diluted shares outstanding 36.82 M38.24 M38.39 M52.19 M47.75 M 176.56 M EBITDA -16.59 M-18.84 M-19.25 M-20.23 M6.84 M -51.48 M EBIT -16.68 M-18.92 M-19.33 M-20.31 M6.75 M -51.81 M Cost of revenue 58 K44 K46 K49 K51 K 190 K Other cost of goods sold ————— — Depreciation & amortization (cash flow) 84 K83 K81 K81 K82 K 327 K