← T1 Energy Inc.

Annual Trend FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $314k $1.8m $9.9m $2.9m $755.3m
Revenue from Contract with Customer, Including Assessed Tax — — — $2.9m —
Cost of Revenue $237k $1.3m $0 $1.7m $699.7m
Cost of sales — — $0 $1.7m $699.7m
Reconciled Cost Of Revenue — — $0 $1.7m $699.7m
Gross Profit (derived) $77k $437k $0 $1.2m $55.6m
Research And Development $13.8m $13.6m $28.5m — —
Selling, general and administrative — — — $79.2m $235.3m
Operating Expenses — $122.5m $143.0m — $290.1m
Total operating expenses $75.6m $122.5m $143.0m $80.2m $290.1m
Operating Income (Loss) ($75.6m) ($122.5m) ($143.0m) ($74.3m) ($234.6m)
Additional Financial Items
Amortization of Intangible Assets — $38k $150k $1.1m $48.2m
Foreign Currency Transaction Gain (Loss), before Tax $1.3m $2.5m $20.9m $563k ($200k)
Income (Loss) from Continuing Operations before Income Taxes, Domestic — — — — ($316.9m)
Income (Loss) from Continuing Operations, Per Basic Share — — — ($0) ($2)
Income (Loss) from Continuing Operations, Per Diluted Share — — — ($0) ($2)
Income (Loss) from Equity Method Investments — ($1.6m) ($379k) ($596k) —
Preferred Stock Dividends and Other Adjustments — — — $87k —
Preferred Stock Dividends, Income Statement Impact — — — $87k $7.8m
Impairment of intangible assets — — — $1.0m $54.8m
Loss from discontinued operations ($75.6m) ($122.5m) ($143.0m) ($74.3m) ($234.6m)
Warrant liability fair value adjustment ($21.9m) $14.2m $31.8m ($1.3m) ($8.4m)
Derivative liabilities fair value adjustment — — $0 ($14.9m) ($31.2m)
Loss on settlement of derivative liability — — — $0 ($5.8m)
Loss on debt extinguishment — — — $0 ($8.8m)
Impairment of assets previously classified as held for sale — — — $0 ($16.1m)
Foreign currency transaction (loss) gain $1.3m $2.5m $20.9m $563k ($200k)
Other income, net $2.5m $5.2m $6.9m $6.1m $1.4m
Loss from continuing operations before income taxes ($93.4m) ($99.1m) ($72.4m) ($80.4m) ($340.7m)
Income tax benefit $0 $0 ($670k) $15.8m $19.4m
Net loss from continuing operations — — ($18.6m) ($64.6m) ($321.4m)
Net loss from discontinued operations, net of tax — — ($54.4m) ($385.9m) ($46.5m)
Net loss ($93.4m) ($99.1m) ($73.1m) ($450.6m) ($367.8m)
Net loss attributable to non-controlling interests $0 $328k $1.2m $402k $0
Preferred dividends and accretion — — $0 ($87k) ($3.5m)
Preferred deemed dividend — — $0 ($87k) ($7.8m)
Tranche right deemed dividend — — — $0 ($1.7m)
Net loss attributable to common stockholders — — ($71.9m) ($450.2m) ($380.8m)
Foreign currency translation adjustments ($1.2m) $9.6m ($27.9m) ($40.1m) $40.8m
Comprehensive loss attributable to non-controlling interests $0 $328k $1.2m $402k $0
Comprehensive loss attributable to common stockholders ($94.6m) ($89.2m) ($99.9m) ($490.4m) ($340.0m)
Diluted EPS ($1.24) ($0.83) ($0.51) ($3.20) ($2.19)
Diluted NI Availto Com Stockholders — ($98.8m) ($71.9m) ($450.2m) ($380.8m)
Earnings From Equity Interest ($62k) ($1.6m) ($379k) — —
Gain On Sale Of Security — $16.4m $31.5m ($15.6m) ($45.6m)
Impairment Of Capital Assets — — — $1.0m $54.8m
Interest Income $314k $1.8m $9.9m $3.4m ($37.1m)
Interest Income Non Operating $314k $1.8m $9.9m $3.4m ($37.1m)
Minority Interests $0 $328k $1.2m $402k $0
Net Income From Continuing And Discontinued Operation — ($98.8m) ($71.9m) ($450.2m) ($367.8m)
Net Income From Continuing Operation Net Minority Interest — ($98.8m) ($17.5m) ($66.4m) ($321.4m)
Net Interest Income $314k $1.8m $9.9m $3.4m ($37.1m)
Normalized EBITDA — ($136.9m) ($93.6m) ($50.8m) ($85.1m)
Normalized Income — ($115.2m) ($42.3m) ($52.9m) ($203.2m)
Other Gand A $61.8m $107.4m $65.5m $75.5m —
Preferred Stock Dividends — — — $87k $13.0m
Reconciled Depreciation — $478k $3.3m $10.5m $93.3m
Restructuring And Mergern Acquisition $0 $0 $6.0m — —
Selling General And Administration — $107.4m $65.5m $79.2m $235.3m
Special Income Charges — $0 ($6.0m) ($1.0m) ($79.6m)
Tax Effect Of Unusual Items — $0 $6.6m ($3.2m) ($7.1m)
Tax Provision — $0 $443k ($15.8m) ($19.4m)
Tax Rate For Calcs — $0 $0 $0 $0
Write Off — — — $0 $16.1m
Total net sales — — — $2.9m $755.3m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest ($93.4m) ($99.1m) ($72.4m) ($80.4m) ($340.7m)
Gain (Loss) on Derivative Instruments, Net, Pretax — — — ($14.9m) ($31.2m)
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — ($64.6m) ($321.4m)
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — ($385.9m) ($46.5m)
Total comprehensive loss ($94.6m) ($89.5m) ($101.0m) ($490.7m) ($327.1m)
Total Unusual Items — $16.4m $31.5m ($16.7m) ($125.3m)
Total Unusual Items Excluding Goodwill — $16.4m $31.5m ($16.7m) ($125.3m)
Pre-Tax Income — ($99.1m) ($18.2m) ($82.6m) ($340.7m)
Net Income Continuous Operations — ($99.1m) ($18.6m) ($66.8m) ($321.4m)
Net Income Discontinuous Operations — — ($54.4m) ($383.8m) ($46.5m)
Net Income (Loss) Attributable to Parent — ($98.8m) ($71.9m) ($450.2m) ($367.8m)
Net Income (Loss) Available to Common Stockholders, Basic — ($98.8m) ($71.9m) ($450.2m) ($367.8m)
Net Income (Loss) Attributable to Noncontrolling Interest — ($328k) ($1.2m) ($402k) $0
Net Income Including Noncontrolling Interests ($93.4m) ($99.1m) ($73.1m) ($450.6m) ($367.8m)
Earnings Per Share, Basic ($1.24) ($0.83) ($0.51) ($3.20) ($2.19)
Earnings Per Share, Diluted ($1.24) ($0.83) ($0.51) ($3.20) ($2.19)
Common Stock, Dividends, Per Share, Declared ($1.24) ($0.83) ($0.51) $0.00 $0.00
Net loss per share from continuing operations - basic (in USD per share) — — ($0) ($0) ($2)
Net loss per share from continuing operations - diluted (in USD per share) — — ($0) ($0) ($2)
Net loss per share from discontinued operations - basic (in USD per share) — — ($0) ($3) ($0)
Net loss per share from discontinued operations - diluted (in USD per share) — — ($0) ($3) ($0)
Weighted Average Number of Shares Outstanding, Basic 75.4m 118.5m 139.7m 140.5m 173.6m
Weighted average shares of common stock outstanding - basic (in shares) 75.4m 118.5m 139.7m 140.5m 173.6m
Weighted average shares of common stock outstanding - diluted (in shares) 75.4m 118.5m 139.7m 140.5m 173.6m
Basic Average Shares 75.4m $118.5m $139.7m $140.5m $173.6m
Diluted Average Shares 75.4m $118.5m $139.7m $140.5m $173.6m
Weighted Average Number of Shares Outstanding, Diluted 75.4m 118.5m 139.7m 140.5m 173.6m
Research and Development Expense — $13.6m $28.5m — —
Selling, General and Administrative Expense — — — — $235.3m
General and Administrative Expense $61.8m $107.4m $108.1m $75.5m —
Other Nonoperating Income (Expense) $2.5m $5.2m $6.9m $6.1m $1.4m
Interest (expense) income, net $314k $1.8m $9.9m $3.4m ($37.1m)
Current Income Tax Expense (Benefit) — $0 $225k $0 $649k
Interest Expense $3k — — — $37.1m
Interest Expense Non Operating $3k — — — $37.1m
Net Non Operating Interest Income Expense $314k $1.8m $9.9m $3.4m ($37.1m)
Operating Expense — $120.9m $65.5m $79.2m $235.3m
Other Income Expense — $20.0m $37.4m ($8.0m) ($123.9m)
Other Non Operating Income Expenses — $5.2m $5.9m $8.7m $1.4m
Interest Income (Expense), Nonoperating, Net $314k $1.8m $9.9m $3.4m ($37.1m)
Total other expense ($17.7m) $23.4m $70.6m ($6.1m) ($106.2m)
Income Tax Expense (Benefit) — $0 $670k ($15.8m) ($19.4m)
Total Expenses — $120.9m $65.5m $80.9m $935.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.