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We are a U.S.-based provider of advanced all-domain drone and robotic solutions for defense, national security, and commercial applications. We develop American-made hardware and software that supports military, government, and public safety operations across air, land, and sea.
$14.84
+$0.34 (+2.34%)
Price from 2 days ago
The business is unprofitable at the operating level (-163.51% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
ROIC dropped from -24.06% to -34.43%, capital efficiency is deteriorating. Negative free cash flow of -$96M. The business is consuming cash, not generating it.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$55M
Net Income (TTM)
-$76M
▼ -199.7% YoY
Op. Margin
-149.20%
ROIC
-29.47%
▼ -10.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$118M
▼ -432.7% YoY
Op. Cash Flow (TTM)
-$105M
▼ -403.0% YoY
Net Debt
-$118M
Net Cash Position
Cash & Equiv.
$132M
5Y CAGR: +747.2%
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